Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.087%
Price spread now: Bitget against Hyperliquid−0.166%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$230.231% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 7 days+0.135%+$13 · spread now −0.166%, 7d avg −0.042%
=Together, before fees−0.024%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.124% cheaper against Hyperliquid than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XRP | 1.5092 | 0.0100 | pay 0.0013% / 1h | 43m 57s | $290.3M | $258.4M | 20x |
| Short | Bitget XRPUSDT | 1.5067 | 0.0100 | get 0.0100% / 8h | 2h 43m | $267.2M | $393.5M | 125x |
Hyperliquid XRP
Bitget XRPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $0
- Price spread: −0.166% → −0.042%
- −$12.37
- Slippage, 4 orders
- −$2.11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$35.49
- Costs to cover
- 0.231%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Bitget: live order book, 5 min ago.
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, 10 min ago | 0.33 bp | 4.8 bp −$5 | 4.8 bp −$48 | 8.8 bp −$878 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.33 bp | 7.1 bp −$7 | 9.6 bp −$96 | 20.8 bp −$2,082 | 26.6 bp −$13.3K |
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 | 1.5081 | −0.073% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5078 | −0.093% | $14.3M | $75.1M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5092 | −0.001% | $1.1M | $115K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5110 | +0.119% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5084 | −0.053% | $7.7M | $25.6M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5080 | −0.078% | $257K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.101% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5083 | −0.060% | $8K | $8K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.5079 | −0.085% | $791K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5082 | −0.069% | $2.8M | $14.8M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
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 | 1.5078 | −0.093% | $496K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5079 | −0.086% | $10K | $356K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5093 | +0.010% | $933K | $6.2M | 20x | as long as short |
| Hyperliquid XRPlong | +0.0100% | 1h | 1.5092 | long leg | $290.3M | $258.4M | 20x | |
| Aster XRPUSDT | +0.0100% | 8h | 1.5074 | −0.117% | $38.6M | $86.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5092 | +0.001% | $605K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5071 | −0.140% | $530.2M | $2.18B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5071 | −0.139% | $340.9M | $951.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5069 | −0.152% | $125.1M | $886.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5111 | +0.126% | $562K | $27K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5086 | −0.040% | $137K | $716K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5114 | +0.145% | $1.6M | $29K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5078 | −0.093% | $371.1M | $155.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5066 | −0.172% | $293.4M | $906.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5074 | −0.121% | $107.4M | $179.5M | 75x | as long as short |
| Bitget XRPUSDTshort | +0.0100% | 8h | 1.5067 | −0.166% | $267.2M | $393.5M | 125x | |
| BingX XRP-USDC | +0.0100% | 8h | 1.5077 | −0.099% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5084 | −0.054% | $4.8M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5099 | +0.049% | $656K | $111.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5088 | −0.024% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5107 | +0.099% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5088 | −0.027% | $50K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5078 | −0.093% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5081 | −0.073% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5079 | −0.084% | $811K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5087 | −0.036% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5078 | −0.093% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5075 | −0.109% | $49.3M | $15.8M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5077 | −0.099% | $53.7M | $31.6M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5088 | −0.026% | $470K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5085 | −0.049% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5065 | −0.182% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5080 | −0.080% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0132% | 8h | 1.5089 | −0.020% | $1.8M | $35.6M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0179% | 1h | 1.5089 | −0.020% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5085 | −0.046% | $5.6M | $48.2M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5080 | −0.080% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5089 | −0.020% | $24.1M | $75.8M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0232% | 1h | 1.5088 | −0.025% | $17K | $82K | 7x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5085 | −0.045% | $514K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0618% | 1h | 1.5102 | +0.067% | $2K | $15K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
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
Paradex XRP-USD-PERP
Vest XRP-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