XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%

Price spread now: Arcus against Hotstuff−0.304%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Arcus is 0.304% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.304% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$30 on $10k: about 5.6 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff XRP-PERP	1.5154	−0.0080	get 0.0010% / 1h	49m 16s	$5K	$3K	20x
Short	Arcus XRP-USD	1.5108	0.0100	get 0.0013% / 1h	49m 16s	$113K	$717K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Hotstuff. 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 HotstuffbpFee ArcusbpOrdersPrice spread, now −0.304%Rate

Funding earned: $37.8
Price spread: −0.304% → 0.000%: −$30.36
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$2.06
Costs to cover: 0.095%
Break-even: 7.4 days

Slippage unknown: Hotstuff: no order-book sample; Arcus: live order book, 10 min ago. Net counts fees only.

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 Hotstuff no order-book sample	—	—	—	—	—
Sell Arcus live order book, 10 min ago	1.32 bp	5.0 bp −$5	10.7 bp −$107	doesn't fit	doesn't fit

Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hotstuff XRP-PERPlong	−0.0080%	1h	1.5154	long leg	$5K	$3K	20x
Kraken Futures PF_XRPUSD	−0.0071%	1h	1.5106	−0.317%	$14.2M	$73.7M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5111	−0.286%	$1.1M	$114K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5170	+0.106%	$67K	$110K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5107	−0.310%	$7.7M	$25.6M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5102	−0.344%	$252K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.679%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0037% / S +0.0033%	1h	1.5102	−0.344%	$786K	—	200x	as long as short
01 Exchange XRPUSD	+0.0048%	1h	1.5105	−0.323%	$8K	$8K	10x	as long as short
Orderly PERP_XRP_USDC	+0.0079%	8h	1.5105	−0.323%	$62K	$935K	50x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XRP	+0.0096%	1h	1.5107	−0.312%	$2.8M	$14.5M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5107	−0.310%	$508K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5101	−0.350%	$10K	$318K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5111	−0.280%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5113	−0.271%	$280.6M	$224.7M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5104	−0.330%	$38.2M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5114	−0.261%	$606K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5106	−0.320%	$532.1M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5103	−0.337%	$343.9M	$930.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5107	−0.310%	$125.5M	$870.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5095	−0.389%	$563K	$28K	5x	as long as short
Arcus XRP-USDshort	+0.0100%	1h	1.5108	−0.304%	$113K	$717K	20x
Bulk XRP-USD	+0.0100%	1h	1.5164	+0.068%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5103	−0.337%	$367.6M	$152.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5103	−0.337%	$295.8M	$894.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5105	−0.323%	$107.8M	$173.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5100	−0.356%	$266.9M	$383.1M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5103	−0.337%	—	$126.6M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5129	−0.166%	$5.4M	$37.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5155	+0.009%	$658K	$108.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5162	+0.053%	$1.1M	$35.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5136	−0.119%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5112	−0.278%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5106	−0.317%	$42K	$452K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5105	−0.320%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5105	−0.323%	$813K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5111	−0.287%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5107	−0.310%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5101	−0.350%	$49.4M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5107	−0.310%	$53.9M	$30.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5113	−0.270%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5098	−0.367%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5103	−0.337%	$58K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0144%	1h	1.5112	−0.277%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0152%	1h	1.5124	−0.197%	$17K	$82K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5108	−0.304%	$5.6M	$46.9M	50x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5100	−0.355%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5114	−0.264%	$24.2M	$75.7M	125x	as long as short
Kalshi KXXRPPERP	+0.0324%	8h	1.5113	−0.271%	$2.0M	$34.5M	2.9x	as long as short
RISEx XRP/USDC	+0.0352%	1h	1.5110	−0.292%	$514K	$779K	10x	as long as short
Aftermath Perps XRPUSD	+0.0693%	1h	1.5144	−0.064%	$2K	$14K	10x	as long as short