XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.25 per $10,000 · paid last 24h −0.009%

Price spread now: Orderly against HTX−0.003%7-day average +0.038% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.116%−$12 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.003%, 7d avg +0.038%

Together, before fees−0.097%−$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.041% cheaper against HTX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.038%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XRP-USDT	1.5110	0.0100	pay 0.0100% / 8h	5h 38m	$49.5M	$15.6M	75x
Short	Orderly PERP_XRP_USDC	1.5110	0.0075	get 0.0075% / 8h	5h 38m	$62K	$935K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against HTX. 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 HTXbpFee OrderlybpOrdersPrice spread, now −0.003%Rate

Funding earned: −$5.25
Price spread: −0.003% → +0.038%: −$4.07
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$27.32
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 1 min ago; Orderly: 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 HTX live order book, 1 min ago	0.03 bp	10.1 bp −$10	12.8 bp −$128	31.8 bp −$3,177	118.1 bp −$59.1K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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-PERP	−0.0080%	1h	1.5131	+0.136%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5129	+0.126%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5109	−0.009%	$253K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0015%	1h	1.5112	+0.011%	$7.6M	$25.4M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0032% / S +0.0046%	1h	1.5108	−0.019%	$816K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.975%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDCshort	+0.0075%	8h	1.5110	−0.003%	$62K	$935K	50x
01 Exchange XRPUSD	+0.0080%	1h	1.5127	+0.110%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5135	+0.161%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5134	+0.156%	$509K	$3.3M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5117	+0.044%	$9K	$307K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5125	+0.094%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5139	+0.189%	$280.4M	$219.8M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5131	+0.134%	$38.4M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5134	+0.159%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5124	+0.090%	$536.1M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5122	+0.077%	$343.0M	$926.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5122	+0.077%	$125.4M	$864.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5112	+0.011%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5131	+0.136%	$114K	$707K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5136	+0.167%	$1.6M	$88K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5133	+0.150%	$368.9M	$151.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5135	+0.163%	$293.5M	$895.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5129	+0.124%	$106.6M	$170.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5129	+0.123%	$266.3M	$380.1M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5131	+0.136%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5121	+0.067%	$5.6M	$36.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5123	+0.082%	$657K	$109.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5153	+0.282%	$1.1M	$35.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5143	+0.216%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5120	+0.067%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5117	+0.044%	$41K	$449K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5112	+0.008%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5114	+0.022%	$813K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5115	+0.033%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5110	−0.003%	$29K	$1.7M	10x	as long as short
HTX XRP-USDTlong	+0.0100%	8h	1.5110	long leg	$49.5M	$15.6M	75x
Phemex XRPUSDT	+0.0100%	8h	1.5113	+0.017%	$53.8M	$30.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5131	+0.139%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5128	+0.119%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5109	−0.007%	$58K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0212%	1h	1.5121	+0.070%	$1.9M	$1.3M	25x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5115	+0.031%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5115	+0.030%	$5.6M	$46.3M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5108	−0.016%	$24.2M	$74.4M	125x	as long as short
Kraken Futures PF_XRPUSD	+0.0274%	1h	1.5109	−0.011%	$14.5M	$73.1M	50x	as long as short
Hibachi XRP/USDT-P	+0.0280%	1h	1.5118	+0.052%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0353%	8h	1.5123	+0.083%	$2.2M	$35.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5130	+0.130%	$515K	$776K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5140	+0.196%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0714%	1h	1.5124	+0.089%	$2K	$14K	10x	as long as short