Funding you earn now, next payment 22:00 UTC−0.0349%/8h= −38.2% APRpaid last 24h −0.105%
Price spread now: edgeX against Hyperliquid−0.410%106s7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$210.214% of the position
Funding, last 7 days−0.252%−$25 on $10k
+Price spread, last 7 days+0.389%+$39 · spread now −0.410%, 7d avg −0.072%
=Together, before fees+0.137%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and edgeX is 0.337% cheaper against Hyperliquid than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of −0.072%). Swap the legs. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XRP | 1.5277 | 0.0449 | pay 0.0056% / 1h | 35m 47s | $280.2M | $179.7M | 20x |
| Short | edgeX XRPUSDC | 1.5214 | 0.0100 | get 0.0050% / 4h | 2h 35m | $662K | $95.2M | 30x |
Hyperliquid XRP
edgeX XRPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$73.29
- Price spread: −0.410% → −0.072%
- −$33.74
- Slippage, 4 orders
- −$3.44
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$128.47
- Costs to cover
- 0.214%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; edgeX: live order book, 3 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, 8 min ago | 0.33 bp | 5.0 bp −$5 | 6.3 bp −$63 | 11.0 bp −$1,101 | doesn't fit |
| Sell edgeX live order book, 3 min ago | 1.32 bp | 5.8 bp −$6 | 5.8 bp −$58 | 9.2 bp −$917 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX XRP/USD [ETH-USDC] | L −0.0211% / S +0.0297% | 1h | 1.5243 | −0.225% | $1.7M | — | 200x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5194 | −0.543% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5261 | −0.104% | $1.1M | $99K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5270 | −0.046% | $68K | $89K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5242 | −0.229% | $9.2M | $24.1M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5241 | −0.238% | $255K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0040% | 1h | 1.5290 | +0.085% | $2K | $86K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0046% | 8h | 1.5234 | −0.281% | $177K | $788K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5262 | −0.097% | $3.0M | $11.3M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5265 | −0.079% | $443K | $3.1M | 20x | as long as short |
GMX XRP/USD [ETH-USDC]
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5254 | −0.147% | $1.1M | $5.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5256 | −0.137% | $38.8M | $71.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5261 | −0.107% | $664K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5258 | −0.122% | $545.7M | $1.84B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5258 | −0.124% | $341.7M | $834.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5254 | −0.151% | $123.1M | $827.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5253 | −0.157% | $568K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5266 | −0.072% | $114K | $646K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5260 | −0.108% | $1.6M | $350K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5255 | −0.144% | $355.8M | $129.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5256 | −0.137% | $289.4M | $800.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5263 | −0.095% | $112.7M | $146.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5257 | −0.131% | $265.5M | $338.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5258 | −0.124% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5263 | −0.094% | $6.2M | $24.4M | — | as long as short |
| edgeX XRPUSDCshort | +0.0100% | 4h | 1.5214 | −0.410% | $662K | $95.2M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5246 | −0.200% | $1.1M | $41.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5264 | −0.085% | $1.0M | $842K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5260 | −0.111% | $50K | $474K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5246 | −0.201% | $42K | $59K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5237 | −0.260% | $821K | $70K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5242 | −0.230% | $128K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5239 | −0.249% | $29K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5232 | −0.291% | $50.1M | $14.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5254 | −0.151% | $54.6M | $28.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5263 | −0.091% | $476K | $54K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5253 | −0.160% | — | $10K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5256 | −0.137% | $12K | $244K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5251 | −0.171% | $2.1M | $7.3M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5237 | −0.263% | $71K | $40K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0118% | 1h | 1.5257 | −0.131% | $1.7M | $924K | 25x | as long as short |
| 01 Exchange XRPUSD | +0.0152% | 1h | 1.5253 | −0.157% | $8K | $8K | 10x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0171% | 1h | 1.5238 | −0.258% | $15.2M | $63.3M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5250 | −0.177% | $5.4M | $43.3M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0210% | 1h | 1.5251 | −0.169% | $1.3M | $10K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5260 | −0.111% | $23.8M | $66.4M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0222% | 8h | 1.5252 | −0.164% | $1.7M | $31.7M | 2.9x | as long as short |
| Hibachi XRP/USDT-P | +0.0256% | 1h | 1.5265 | −0.082% | $19K | $55K | 7x | as long as short |
| RISEx XRP/USDC | +0.0431% | 1h | 1.5258 | −0.121% | $404K | $496K | 10x | as long as short |
| Hyperliquid XRPlong | +0.0449% | 1h | 1.5277 | long leg | $280.2M | $179.7M | 20x | |
| Aftermath Perps XRPUSD | +0.0522% | 1h | 1.5247 | −0.195% | $1K | $10K | 10x | as long as short |
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
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
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
Vest XRP-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
01 Exchange XRPUSD
Kraken Futures PF_XRPUSD
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
Hibachi XRP/USDT-P
RISEx XRP/USDC
Aftermath Perps XRPUSD