Funding you earn now, next payment 02:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.08 per $10,000 · paid last 24h −0.082%
Price spread now: Extended against Hyperliquid+0.014%7-day average −0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$170.169% of the position
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now +0.014%, 7d avg −0.078%
=Together, before fees−0.146%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.092% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.078%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XRP | 1.5140 | 0.0166 | pay 0.0021% / 1h | 7m 13s | $279.9M | $219.2M | 20x |
| Short | Extended XRP-USD | 1.5142 | 0.0104 | get 0.0013% / 1h | 7m 13s | $2.0M | $6.9M | 50x |
Hyperliquid XRP
Extended XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$13.07
- Price spread: +0.014% → −0.078%
- $9.2
- Slippage, 4 orders
- −$2.91
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$20.77
- Costs to cover
- 0.169%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; Extended: live order book, 2 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, 7 min ago | 0.33 bp | 4.8 bp −$5 | 4.8 bp −$48 | 9.8 bp −$976 | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.33 bp | 2.8 bp −$3 | 4.4 bp −$44 | doesn't fit | doesn't fit |
XRP on 50 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 | 1.5140 | 0.000% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5134 | −0.041% | $1.1M | $110K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5140 | 0.000% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5131 | −0.063% | $253K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0023% / S +0.0054% | 1h | 1.5130 | −0.068% | $799K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.774% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0040% | 1h | 1.5145 | +0.033% | $14.5M | $72.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0073% | 8h | 1.5140 | 0.000% | $62K | $953K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5144 | +0.023% | $2.8M | $14.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5146 | +0.040% | $510K | $3.3M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5120 | −0.132% | $10K | $299K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5136 | −0.023% | $962K | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5131 | −0.059% | $38.4M | $83.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5135 | −0.032% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5143 | +0.019% | $537.6M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5135 | −0.033% | $341.2M | $929.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5142 | +0.013% | $124.3M | $867.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5119 | −0.139% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5134 | −0.040% | $115K | $696K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5125 | −0.102% | $1.6M | $257K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5131 | −0.059% | $367.6M | $153.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5136 | −0.026% | $292.1M | $918.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5126 | −0.091% | $106.7M | $171.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5141 | +0.007% | $266.8M | $381.9M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5128 | −0.079% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5130 | −0.067% | $6.2M | $35.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5109 | −0.207% | $657K | $109.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5120 | −0.132% | $1.1M | $36.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5112 | −0.185% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5131 | −0.057% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5133 | −0.046% | $43K | $445K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5135 | −0.032% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5141 | +0.006% | $815K | $75K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5144 | +0.023% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5144 | +0.026% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5145 | +0.032% | $49.6M | $15.3M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5143 | +0.020% | $53.9M | $29.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5130 | −0.069% | $472K | $55K | 50x | as long as short |
| Extended XRP-USDshort | +0.0104% | 1h | 1.5142 | +0.014% | $2.0M | $6.9M | 50x | |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5138 | −0.012% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0136% | 1h | 1.5135 | −0.033% | $8K | $8K | 10x | as long as short |
| Hyperliquid XRPlong | +0.0166% | 1h | 1.5140 | long leg | $279.9M | $219.2M | 20x | |
| Deribit XRP_USDC-PERPETUAL | +0.0212% | 1h | 1.5149 | +0.059% | $7.6M | $25.0M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0214% | 1h | 1.5133 | −0.045% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5151 | +0.073% | $5.7M | $46.7M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0328% | 1h | 1.5138 | −0.012% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0329% | 1h | 1.5146 | +0.040% | $1.9M | $1.3M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0359% | 8h | 1.5140 | 0.000% | $2.1M | $35.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0456% | 1h | 1.5136 | −0.029% | $529K | $786K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0762% | 1h | 1.5140 | −0.003% | $2K | $14K | 10x | as long as short |
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
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
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Aevo XRP-PERP
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD