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: Bulk against Hotstuff−0.172%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 Bulk

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. Bulk is 0.172% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.172% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 3.2 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	1.5140	−0.0080	get 0.0010% / 1h	2m 00s	$5K	$3K	20x
Short	Bulk XRP-USD	1.5114	0.0100	get 0.0013% / 1h	2m 00s	$1.6M	$49K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk 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 BulkbpOrdersPrice spread, now −0.172%Rate

Funding earned: $37.8
Price spread: −0.172% → 0.000%: −$17.17
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: $8.63
Costs to cover: 0.120%
Break-even: 5.4 days

Slippage unknown: Hotstuff: no order-book sample; Bulk: live order book, 2 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 Bulk live order book, 2 min ago	0.66 bp	4.2 bp −$4	5.0 bp −$50	7.8 bp −$779	20.3 bp −$10.1K

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	1.5140	long leg	$5K	$3K	20x
Kraken Futures PF_XRPUSD	−0.0071%	1h	1.5147	+0.045%	$14.3M	$73.8M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5141	+0.004%	$1.1M	$111K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5120	−0.132%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5144	+0.026%	$253K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5151	+0.073%	$7.7M	$25.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.774%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0047% / S +0.0019%	1h	1.5143	+0.022%	$789K	—	200x	as long as short
Orderly PERP_XRP_USDC	+0.0093%	8h	1.5147	+0.046%	$62K	$934K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5149	+0.057%	$2.8M	$14.6M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5152	+0.079%	$498K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5133	−0.046%	$10K	$331K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5139	−0.003%	$1.1M	$6.0M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5153	+0.086%	$280.5M	$227.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5149	+0.060%	$38.3M	$83.7M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5141	+0.007%	$607K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5141	+0.007%	$533.0M	$2.12B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5143	+0.020%	$345.8M	$937.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5146	+0.040%	$127.0M	$875.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5120	−0.132%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5144	+0.026%	$110K	$712K	20x	as long as short
Bulk XRP-USDshort	+0.0100%	1h	1.5114	−0.172%	$1.6M	$49K	20x
Gate XRP_USDT	+0.0100%	8h	1.5146	+0.040%	$369.3M	$154.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5142	+0.013%	$292.5M	$904.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5150	+0.066%	$107.8M	$175.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5143	+0.020%	$268.1M	$385.0M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5144	+0.026%	—	$127.4M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5110	−0.199%	$5.2M	$37.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5109	−0.205%	$656K	$108.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5115	−0.164%	$1.1M	$36.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5110	−0.198%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5143	+0.022%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5147	+0.046%	$44K	$454K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5146	+0.038%	$41K	$67K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5150	+0.063%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5142	+0.015%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5148	+0.053%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5134	−0.037%	$49.5M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5149	+0.059%	$53.8M	$31.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5142	+0.013%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5139	−0.005%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5146	+0.041%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0112%	1h	1.5147	+0.046%	$8K	$8K	10x	as long as short
Backpack XRP_USDC_PERP	+0.0192%	1h	1.5157	+0.112%	$2.0M	$1.4M	25x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5150	+0.066%	$5.6M	$47.1M	50x	as long as short
Hibachi XRP/USDT-P	+0.0216%	1h	1.5138	−0.016%	$17K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0216%	1h	1.5144	+0.028%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5138	−0.013%	$24.2M	$76.0M	125x	as long as short
Kalshi KXXRPPERP	+0.0313%	8h	1.5153	+0.086%	$2.1M	$34.8M	2.9x	as long as short
RISEx XRP/USDC	+0.0352%	1h	1.5147	+0.049%	$516K	$774K	10x	as long as short
Aftermath Perps XRPUSD	+0.0679%	1h	1.5138	−0.012%	$2K	$15K	10x	as long as short