XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Pacifica against Extended+0.178%7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$4as in the Price arb table

costs, in and out, $10k−$170.166% of the position

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.178%, 7d avg +0.049%

Together, before fees−0.052%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.129% dearer against Extended than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XRP-USD	1.5232	0.0104	pay 0.0013% / 1h	33m 52s	$2.1M	$7.3M	50x
Short	Pacifica XRP	1.5259	0.0100	get 0.0013% / 1h	33m 52s	$664K	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee PacificabpOrdersPrice spread, now +0.178%Rate

Funding earned: −$0.84
Price spread: +0.178% → +0.049%: $12.88
Slippage, 4 orders: −$3.6
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$4.56
Costs to cover: 0.166%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; Pacifica: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 5 min ago	0.33 bp	3.3 bp −$3	5.9 bp −$59	doesn't fit	doesn't fit
Sell Pacifica live order book, 5 min ago	0.33 bp	6.1 bp −$6	doesn't fit	doesn't fit	doesn't fit

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX XRP/USD [ETH-USDC]	L −0.0211% / S +0.0297%	1h	1.5234	+0.012%	$1.7M	—	200x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5259	+0.178%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5252	+0.135%	$1.1M	$99K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5250	+0.119%	$68K	$89K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5237	+0.034%	$9.2M	$24.1M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5234	+0.016%	$255K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0040%	1h	1.5290	+0.382%	$2K	$86K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0046%	8h	1.5230	−0.012%	$177K	$788K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5236	+0.025%	$2.9M	$11.3M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5237	+0.034%	$442K	$3.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5242	+0.070%	$1.0M	$5.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5241	+0.059%	$38.7M	$71.5M	100x	as long as short
Pacifica XRPshort	+0.0100%	1h	1.5259	+0.178%	$664K	$1.0M	20x
Binance XRPUSDT	+0.0100%	8h	1.5229	−0.022%	$544.6M	$1.84B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5230	−0.012%	$341.3M	$834.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5226	−0.038%	$122.9M	$826.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5253	+0.139%	$568K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5258	+0.172%	$114K	$646K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5260	+0.188%	$1.6M	$350K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5235	+0.021%	$355.8M	$129.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5233	+0.008%	$289.8M	$801.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5236	+0.027%	$112.4M	$147.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5237	+0.034%	$265.1M	$338.2M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5232	+0.001%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5254	+0.145%	$6.2M	$24.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5214	−0.114%	$662K	$95.2M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5240	+0.055%	$1.1M	$41.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5264	+0.211%	$1.0M	$848K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5241	+0.062%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5242	+0.067%	$50K	$474K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5234	+0.011%	$42K	$59K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5233	+0.007%	$820K	$70K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5246	+0.092%	$128K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5232	+0.001%	$29K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5227	−0.032%	$50.1M	$14.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5238	+0.041%	$54.5M	$28.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5260	+0.184%	$476K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5256	+0.159%	$12K	$244K	20x	as long as short
Extended XRP-USDlong	+0.0104%	1h	1.5232	long leg	$2.1M	$7.3M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5233	+0.008%	$71K	$40K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0128%	1h	1.5248	+0.106%	$1.7M	$923K	25x	as long as short
01 Exchange XRPUSD	+0.0144%	1h	1.5251	+0.126%	$8K	$8K	10x	as long as short
Kraken Futures PF_XRPUSD	+0.0171%	1h	1.5232	−0.002%	$15.3M	$63.3M	50x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5242	+0.067%	$5.4M	$43.2M	50x	as long as short
Reya XRPRUSDPERP	+0.0210%	1h	1.5232	+0.004%	$1.3M	$10K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5251	+0.126%	$23.8M	$66.4M	125x	as long as short
Kalshi KXXRPPERP	+0.0221%	8h	1.5249	+0.113%	$1.7M	$31.6M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0256%	1h	1.5250	+0.120%	$19K	$55K	7x	as long as short
RISEx XRP/USDC	+0.0431%	1h	1.5258	+0.172%	$404K	$496K	10x	as long as short
Hyperliquid XRP	+0.0448%	1h	1.5259	+0.178%	$280.2M	$179.9M	20x	as long as short
Aftermath Perps XRPUSD	+0.0532%	1h	1.5256	+0.157%	$1K	$10K	10x	as long as short