Funding you earn now, next payment 05:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: Bullet against Hotstuff+0.013%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff XRP-PERP | 1.5179 | −0.0080 | get 0.0010% / 1h | 55m 23s | $5K | $3K | 20x |
| Short | Bullet XRP-USD | 1.5181 | 0.0100 | get 0.0013% / 1h | 55m 23s | $41K | $68K | 20x |
Hotstuff XRP-PERP
Bullet XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Hotstuff. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $37.8
- Price spread: +0.013% → 0.000%
- $1.32
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $26.12
- Costs to cover
- 0.130%
- Break-even
- 2.2 days
Slippage unknown: Hotstuff: no order-book sample; Bullet: no order-book sample. 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 Bullet no order-book sample | — | — | — | — | — |
Hotstuff and Bullet: 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 | 1.5179 | long leg | $5K | $3K | 20x | |
| dYdX XRP-USD | 0.0000% | 1h | 1.5181 | +0.011% | $1.1M | $111K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5150 | −0.191% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5186 | +0.046% | $254K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5149 | −0.198% | $7.7M | $25.5M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0022% | 1h | 1.5147 | −0.209% | $14.3M | $74.0M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.510% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0048% / S +0.0017% | 1h | 1.5181 | +0.012% | $791K | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0096% | 8h | 1.5189 | +0.066% | $62K | $934K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5184 | +0.031% | $2.8M | $14.6M | 20x | as long as short |
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Orderly PERP_XRP_USDC
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5166 | −0.086% | $498K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5168 | −0.072% | $11K | $334K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5174 | −0.030% | $1.1M | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5178 | −0.007% | $38.4M | $83.9M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5181 | +0.011% | $609K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5184 | +0.035% | $534.1M | $2.13B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5193 | +0.092% | $347.8M | $939.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5193 | +0.092% | $127.9M | $883.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5138 | −0.270% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5178 | −0.007% | $118K | $706K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5114 | −0.428% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5184 | +0.033% | $371.6M | $153.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5178 | −0.007% | $292.5M | $895.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5180 | +0.007% | $108.2M | $175.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5188 | +0.059% | $268.8M | $386.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5190 | +0.072% | — | $127.4M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5139 | −0.265% | $4.8M | $38.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5141 | −0.252% | $657K | $108.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5138 | −0.270% | $1.1M | $36.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5147 | −0.211% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5172 | −0.048% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5181 | +0.013% | $44K | $454K | 20x | as long as short |
| Bullet XRP-USDshort | +0.0100% | 1h | 1.5181 | +0.013% | $41K | $68K | 20x | |
| Derive XRP-PERP | +0.0100% | 1h | 1.5191 | +0.082% | $817K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5135 | −0.289% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5144 | −0.231% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5145 | −0.225% | $49.5M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5147 | −0.211% | $53.9M | $31.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5171 | −0.052% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5171 | −0.051% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5187 | +0.054% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0120% | 1h | 1.5180 | +0.007% | $8K | $8K | 10x | as long as short |
| Hyperliquid XRP | +0.0150% | 1h | 1.5191 | +0.079% | $281.0M | $228.2M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5153 | −0.171% | $5.6M | $47.2M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5179 | +0.001% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5140 | −0.257% | $24.2M | $76.1M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0224% | 1h | 1.5133 | −0.302% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0225% | 1h | 1.5159 | −0.132% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0259% | 8h | 1.5148 | −0.204% | $2.0M | $35.0M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0358% | 1h | 1.5180 | +0.005% | $517K | $774K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0662% | 1h | 1.5149 | −0.199% | $2K | $15K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD