Funding you earn now, next payment 06:00 UTC+0.0079%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h +0.074%
Price spread now: Kraken Futures against Hotstuff+0.047%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.047% dearer against Hotstuff than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff XRP-PERP | 1.5107 | −0.0080 | get 0.0010% / 1h | 52m 47s | $5K | $3K | 20x |
| Short | Kraken Futures PF_XRPUSD | 1.5114 | −0.0001 | pay 0.0000% / 1h | 52m 47s | $14.3M | $75.1M | 50x |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $16.58
- Price spread: +0.047% → 0.000%
- $4.67
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $6.25
- Costs to cover
- 0.150%
- Break-even
- 4.4 days
Slippage unknown: Hotstuff: no order-book sample; Kraken Futures: live order book, 1 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 Kraken Futures live order book, 1 min ago | 1.99 bp | 9.2 bp −$9 | 12.4 bp −$124 | 22.5 bp −$2,249 | 47.8 bp −$23.9K |
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 | 1.5107 | long leg | $5K | $3K | 20x | |
| Kraken Futures PF_XRPUSDshort | −0.0001% | 1h | 1.5114 | +0.047% | $14.3M | $75.1M | 50x | |
| dYdX XRP-USD | 0.0000% | 1h | 1.5118 | +0.071% | $1.1M | $115K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5120 | +0.086% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5117 | +0.066% | $7.7M | $25.6M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5108 | +0.005% | $258K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.999% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5111 | +0.026% | $8K | $8K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.5108 | +0.009% | $792K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5120 | +0.089% | $2.8M | $14.8M | 20x | as long as short |
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
01 Exchange XRPUSD
GMX XRP/USD [ETH-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 | 1.5121 | +0.093% | $497K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5106 | −0.007% | $10K | $356K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5111 | +0.023% | $941K | $6.2M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5127 | +0.132% | $291.0M | $257.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5115 | +0.053% | $38.7M | $86.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5122 | +0.101% | $606K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5120 | +0.086% | $531.9M | $2.18B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5123 | +0.106% | $342.2M | $949.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5126 | +0.126% | $125.3M | $888.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5124 | +0.113% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5113 | +0.040% | $137K | $717K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5122 | +0.099% | $372.4M | $155.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5119 | +0.079% | $294.0M | $904.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5118 | +0.075% | $107.8M | $179.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5118 | +0.073% | $268.4M | $392.8M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5115 | +0.053% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5139 | +0.211% | $4.8M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5113 | +0.038% | $656K | $111.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5138 | +0.202% | $1.1M | $37.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5147 | +0.265% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5109 | +0.014% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5112 | +0.033% | $50K | $490K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5111 | +0.025% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5109 | +0.013% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5108 | +0.006% | $813K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5113 | +0.043% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5113 | +0.040% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5113 | +0.038% | $49.4M | $15.8M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5118 | +0.073% | $53.9M | $31.7M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5107 | +0.003% | $1.6M | $29K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5109 | +0.011% | $471K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5116 | +0.058% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5110 | +0.020% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0159% | 8h | 1.5113 | +0.040% | $1.8M | $35.5M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0183% | 1h | 1.5125 | +0.119% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5116 | +0.060% | $5.7M | $48.2M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0217% | 1h | 1.5109 | +0.015% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5115 | +0.053% | $24.2M | $75.8M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0256% | 1h | 1.5109 | +0.016% | $17K | $82K | 7x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5111 | +0.030% | $515K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0644% | 1h | 1.5120 | +0.083% | $2K | $15K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Hibachi XRP/USDT-P
RISEx XRP/USDC
Aftermath Perps XRPUSD