XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.024%

Price spread now: dYdX against Hotstuff−0.192%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 dYdX

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. dYdX is 0.192% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.192% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 8.0 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff XRP-PERP	1.5636	−0.0080	get 0.0010% / 1h	50m 03s	$7K	$2K	20x
Short	dYdX XRP-USD	1.5606	0	get 0.0000% / 1h	50m 03s	$1.1M	$113K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.192%Rate

Funding earned: $16.8
Price spread: −0.192% → 0.000%: −$19.18
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$17.38
Costs to cover: 0.150%
Break-even: 14.2 days

Slippage unknown: Hotstuff: no order-book sample; dYdX: 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 dYdX live order book, 4 min ago	18.52 bp	23.5 bp −$24	23.5 bp −$235	115.3 bp −$11.5K	190.2 bp −$95.1K

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	1.5636	long leg	$7K	$2K	20x
dYdX XRP-USDshort	0.0000%	1h	1.5606	−0.192%	$1.1M	$113K	10x
Phoenix XRP	0.0000%	1h	1.5690	+0.345%	$70K	$90K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5599	−0.237%	$9.7M	$25.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5602	−0.217%	$261K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0004% / S +0.0107%	1h	1.5601	−0.224%	$858K	—	200x	as long as short
Kraken Futures PF_XRPUSD	+0.0031%	1h	1.5595	−0.262%	$15.7M	$68.8M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0056%	8h	1.5601	−0.224%	$77K	$909K	50x	as long as short
Injective XRP/USDC PERP	+0.0089%	1h	1.5560	−0.486%	$2K	$107K	30x	as long as short
Lighter XRP	+0.0096%	1h	1.5597	−0.248%	$3.0M	$12.5M	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	1.5596	−0.256%	$444K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5598	−0.243%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5599	−0.239%	$39.6M	$79.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5622	−0.090%	$643K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5603	−0.208%	$559.8M	$2.01B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5603	−0.211%	$347.4M	$913.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5604	−0.205%	$127.5M	$890.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5650	+0.090%	$582K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5604	−0.205%	$117K	$753K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5633	−0.018%	$1.7M	$573K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5596	−0.256%	$373.1M	$143.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5608	−0.179%	$303.5M	$864.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5607	−0.187%	$113.4M	$162.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5607	−0.185%	$272.8M	$369.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5594	−0.269%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5634	−0.016%	$11.7M	$30.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5645	+0.059%	$679K	$102.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5674	+0.245%	$1.1M	$41.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5691	+0.352%	$1.0M	$887K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5615	−0.133%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5609	−0.173%	$45K	$451K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5600	−0.228%	$42K	$66K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5603	−0.209%	$840K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5610	−0.166%	$131K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5593	−0.275%	$30K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5601	−0.224%	$51.2M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5596	−0.256%	$55.5M	$29.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5632	−0.028%	$487K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5621	−0.096%	$13K	$264K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5603	−0.210%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5601	−0.222%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5617	−0.122%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5604	−0.207%	$1.4M	$8K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5625	−0.070%	$24.4M	$74.7M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5603	−0.211%	$5.9M	$47.7M	50x	as long as short
Hibachi XRP/USDT-P	+0.0272%	1h	1.5639	+0.019%	$18K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0320%	8h	1.5634	−0.013%	$2.0M	$33.6M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0378%	1h	1.5603	−0.211%	$1.7M	$1.0M	25x	as long as short
Hyperliquid XRP	+0.0592%	1h	1.5618	−0.115%	$297.3M	$207.6M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5617	−0.120%	$509K	$632K	10x	as long as short
Aftermath Perps XRPUSD	+0.0778%	1h	1.5631	−0.031%	$1K	$11K	10x	as long as short