Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.020%
Price spread now: Bulk against Injective+0.010%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$980.981% of the position
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XRP/USDC PERP | 1.5560 | 0.0089 | pay 0.0011% / 1h | 53m 52s | $2K | $107K | 30x |
| Short | Bulk XRP-USD | 1.5562 | 0.0100 | get 0.0013% / 1h | 53m 52s | $1.7M | $573K | 20x |
Injective XRP/USDC PERP
Bulk XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Injective. 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
- $2.27
- Price spread: +0.010% → 0.000%
- $1
- Slippage, 4 orders
- −$91.04
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$94.79
- Costs to cover
- 0.981%
- Break-even
- 299.4 days
Slippage from Injective: live order book, 25 min ago; Bulk: live order book, just now.
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 Injective live order book, 25 min ago | 44.99 bp | 45.0 bp −$45 | 57.6 bp −$576 | doesn't fit | doesn't fit |
| Sell Bulk live order book, just now | 0.32 bp | 3.8 bp −$4 | 3.8 bp −$38 | 7.3 bp −$727 | 19.5 bp −$9,767 |
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 | 1.5674 | +0.733% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5672 | +0.723% | $1.1M | $113K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5664 | +0.668% | $9.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5655 | +0.611% | $262K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0004% / S +0.0109% | 1h | 1.5654 | +0.606% | $862K | — | 200x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0031% | 1h | 1.5660 | +0.641% | $15.7M | $68.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0056% | 8h | 1.5661 | +0.649% | $77K | $909K | 50x | as long as short |
| ApeX Omni XRPUSDT | +0.0081% | 1h | 1.5590 | +0.193% | $1.0M | $886K | 50x | as long as short |
| Injective XRP/USDC PERPlong | +0.0089% | 1h | 1.5560 | long leg | $2K | $107K | 30x | |
| Lighter XRP | +0.0096% | 1h | 1.5663 | +0.659% | $3.0M | $12.5M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
ApeX Omni XRPUSDT
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 | 1.5663 | +0.662% | $446K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5667 | +0.688% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5658 | +0.632% | $39.8M | $79.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5669 | +0.703% | $645K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5666 | +0.684% | $562.0M | $2.00B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5668 | +0.694% | $349.4M | $910.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5666 | +0.681% | $128.3M | $893.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5593 | +0.212% | $580K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5670 | +0.707% | $119K | $748K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5657 | +0.623% | $374.9M | $142.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5659 | +0.636% | $305.5M | $859.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5659 | +0.634% | $114.3M | $162.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5667 | +0.688% | $273.7M | $368.7M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5663 | +0.662% | — | $120.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5607 | +0.305% | $11.7M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5584 | +0.157% | $677K | $102.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5610 | +0.320% | $1.1M | $41.0M | 20x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5661 | +0.647% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5672 | +0.720% | $46K | $449K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5657 | +0.623% | $42K | $66K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5665 | +0.675% | $843K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5670 | +0.707% | $131K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5658 | +0.630% | $30K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5656 | +0.618% | $51.4M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5659 | +0.636% | $55.8M | $29.2M | 50x | as long as short |
| Bulk XRP-USDshort | +0.0100% | 1h | 1.5562 | +0.010% | $1.7M | $573K | 20x | |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5668 | +0.694% | $488K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5676 | +0.746% | $11K | $261K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5655 | +0.607% | $2.2M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5663 | +0.662% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0160% | 1h | 1.5681 | +0.778% | $9K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5664 | +0.666% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5649 | +0.572% | $24.5M | $74.7M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5669 | +0.701% | $6.0M | $48.2M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0280% | 1h | 1.5652 | +0.593% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0319% | 8h | 1.5676 | +0.746% | $2.0M | $33.5M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0427% | 1h | 1.5664 | +0.668% | $1.7M | $1.0M | 25x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5600 | +0.257% | $69K | $90K | 15x | as long as short |
| Hyperliquid XRP | +0.0607% | 1h | 1.5687 | +0.816% | $296.6M | $206.2M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5687 | +0.814% | $511K | $632K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0765% | 1h | 1.5600 | +0.255% | $1K | $11K | 10x | as long as short |
Lighter RH XRP
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
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
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Phoenix XRP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD