XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0296%/8h= +32.4% APRnext payment +$0.37 per $10,000 · paid last 24h +0.077%

Price spread now: Coinbase International against Hotstuff−0.173%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 Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 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. Coinbase International is 0.173% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.173% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 47 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff XRP-PERP	1.5603	−0.0080	get 0.0010% / 1h	34m 58s	$7K	$2K	20x
Short	Coinbase International XRP-PERP-INTX	1.5576	0.0216	get 0.0027% / 1h	34m 58s	$5.8M	$46.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.173%Rate

Funding earned: $62.16
Price spread: −0.173% → 0.000%: −$17.3
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $29.86
Costs to cover: 0.150%
Break-even: 3.6 days

Slippage unknown: Hotstuff: no order-book sample; Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago	0.64 bp	7.8 bp −$8	10.9 bp −$109	25.8 bp −$2,583	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	1.5603	long leg	$7K	$2K	20x
dYdX XRP-USD	0.0000%	1h	1.5544	−0.377%	$1.1M	$104K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5577	−0.163%	$261K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0007%	1h	1.5574	−0.186%	$9.6M	$25.2M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−2.006%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5561	−0.269%	$15.5M	$68.1M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0053%	8h	1.5577	−0.167%	$78K	$941K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0082% / S +0.0131%	1h	1.5576	−0.173%	$918K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5567	−0.230%	$3.0M	$12.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5566	−0.237%	$456K	$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	1.5576	−0.170%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5554	−0.313%	$39.5M	$76.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5554	−0.311%	$671K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5551	−0.333%	$560.0M	$1.95B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5555	−0.308%	$348.9M	$882.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5554	−0.314%	$127.4M	$872.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5561	−0.269%	$580K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5574	−0.186%	$119K	$732K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5683	+0.513%	$1.7M	$616K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5558	−0.288%	$373.9M	$138.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5560	−0.276%	$292.2M	$839.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5561	−0.267%	$114.3M	$157.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5554	−0.314%	$270.6M	$358.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5569	−0.218%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5595	−0.053%	$11.8M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5600	−0.021%	$677K	$100.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5597	−0.038%	$1.1M	$41.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5645	+0.269%	$1.0M	$880K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5572	−0.198%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5585	−0.115%	$46K	$445K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5576	−0.174%	$42K	$64K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5578	−0.161%	$839K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5567	−0.233%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5564	−0.250%	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5567	−0.229%	$51.1M	$15.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5561	−0.269%	$55.4M	$29.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5552	−0.328%	$485K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5578	−0.160%	$12K	$249K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5553	−0.322%	$2.2M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5574	−0.186%	$73K	$40K	3x	as long as short
Hibachi XRP/USDT-P	+0.0136%	1h	1.5609	+0.037%	$18K	$81K	7x	as long as short
01 Exchange XRPUSD	+0.0160%	1h	1.5581	−0.141%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5580	−0.148%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0216%	1h	1.5576	−0.173%	$5.8M	$46.8M	50x
BloFin XRP-USDT	+0.0220%	8h	1.5551	−0.333%	$24.5M	$73.2M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0282%	1h	1.5571	−0.205%	$1.8M	$978K	25x	as long as short
Kalshi KXXRPPERP	+0.0317%	8h	1.5564	−0.250%	$1.9M	$32.4M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5600	−0.019%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5585	−0.115%	$509K	$620K	10x	as long as short
Hyperliquid XRP	+0.0603%	1h	1.5576	−0.173%	$290.8M	$200.0M	20x	as long as short
Aftermath Perps XRPUSD	+0.0692%	1h	1.5621	+0.115%	$1K	$11K	10x	as long as short