Funding you earn now, next payment 00:00 UTC−0.0463%/8h= −50.7% APRnext payment −$0.58 per $10,000 · paid last 24h −0.073%
Price spread now: Aevo against Hyperliquid−0.109%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Aevo is 0.109% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.099% in total (about -5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.58 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XRP | 1.5364 | 0.0567 | pay 0.0071% / 1h | 8m 13s | $291.3M | $215.2M | 20x |
| Short | Aevo XRP-PERP | 1.5347 | 0.0104 | get 0.0013% / 1h | 8m 13s | $72K | $40K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Hyperliquid. 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
- −$97.28
- Price spread: −0.109% → 0.000%
- −$10.87
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$133.15
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; Aevo: 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 Hyperliquid live order book, 6 min ago | 0.33 bp | 4.8 bp −$5 | 6.2 bp −$62 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 | 1.5345 | −0.124% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5336 | −0.183% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5340 | −0.156% | $68K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5347 | −0.109% | $266K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0006% / S +0.0092% | 1h | 1.5344 | −0.133% | $841K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0011% | 1h | 1.5349 | −0.098% | $9.3M | $25.6M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5348 | −0.101% | $15.0M | $69.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0060% | 8h | 1.5348 | −0.104% | $75K | $910K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +1.276% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5351 | −0.083% | $2.9M | $13.5M | 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 | 1.5353 | −0.072% | $487K | $3.2M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5347 | −0.107% | $1.1M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5350 | −0.091% | $38.8M | $82.0M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5345 | −0.124% | $631K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5350 | −0.091% | $544.8M | $2.05B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5349 | −0.098% | $339.6M | $926.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5351 | −0.085% | $125.7M | $880.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5328 | −0.234% | $570K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5346 | −0.117% | $116K | $702K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5333 | −0.201% | $1.7M | $570K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5346 | −0.117% | $361.7M | $148.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5350 | −0.091% | $298.6M | $894.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5346 | −0.117% | $109.0M | $166.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5350 | −0.091% | $268.2M | $376.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5349 | −0.098% | — | $122.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5318 | −0.298% | $11.4M | $30.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5327 | −0.243% | $666K | $105.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5341 | −0.150% | $1.1M | $40.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5324 | −0.260% | $1.0M | $901K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5343 | −0.137% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5348 | −0.104% | $47K | $455K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5347 | −0.111% | $41K | $69K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5350 | −0.092% | $826K | $82K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5347 | −0.111% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5348 | −0.104% | $29K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5345 | −0.121% | $50.4M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5349 | −0.098% | $54.7M | $29.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5343 | −0.135% | $478K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5343 | −0.137% | $11K | $269K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5346 | −0.120% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERPshort | +0.0104% | 1h | 1.5347 | −0.109% | $72K | $40K | 3x | |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5351 | −0.085% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0213% | 1h | 1.5346 | −0.120% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5338 | −0.169% | $24.1M | $74.8M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5357 | −0.046% | $5.8M | $46.8M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0260% | 1h | 1.5358 | −0.039% | $1.7M | $1.0M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0296% | 1h | 1.5346 | −0.117% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0312% | 8h | 1.5353 | −0.072% | $2.0M | $34.5M | 2.9x | as long as short |
| Hyperliquid XRPlong | +0.0567% | 1h | 1.5364 | long leg | $291.3M | $215.2M | 20x | |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5351 | −0.088% | $499K | $708K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0772% | 1h | 1.5349 | −0.095% | $1K | $11K | 10x | as long as short |
Hyperliquid XRP
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
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
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
01 Exchange XRPUSD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD