Funding you earn now, next payment 21:00 UTC+0.0152%/8h= +16.7% APRnext payment +$0.19 per $10,000 · paid last 24h +0.041%
Price spread now: Coinbase International against Injective+0.249%64s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.249% dearer against Injective than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.102%, so the current rate has only just turned in your favour. The two prices were read 64 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 | Injective XRP/USDC PERP | 1.5290 | 0.0040 | pay 0.0005% / 1h | 25m 46s | $2K | $86K | 30x |
| Short | Coinbase International XRP-PERP-INTX | 1.5328 | 0.0192 | get 0.0024% / 1h | 25m 46s | $5.4M | $43.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $32
- Price spread: +0.249% → 0.000%
- $24.85
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $46.84
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 3 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 3 min ago | 0.98 bp | 7.6 bp −$8 | 10.7 bp −$107 | 29.5 bp −$2,952 | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX XRP/USD [ETH-USDC] | L −0.0210% / S +0.0297% | 1h | 1.5320 | +0.199% | $1.7M | — | 200x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5265 | −0.164% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5323 | +0.214% | $1.1M | $99K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5250 | −0.262% | $68K | $89K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5322 | +0.209% | $256K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0011% | 1h | 1.5324 | +0.222% | $9.2M | $24.0M | 50x | as long as short |
| Injective XRP/USDC PERPlong | +0.0040% | 1h | 1.5290 | long leg | $2K | $86K | 30x | |
| Orderly PERP_XRP_USDC | +0.0046% | 8h | 1.5314 | +0.157% | $178K | $788K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5320 | +0.197% | $3.0M | $11.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5322 | +0.209% | $445K | $3.1M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5305 | +0.101% | $1.1M | $5.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5317 | +0.175% | $38.9M | $71.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5322 | +0.210% | $667K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5326 | +0.235% | $548.0M | $1.84B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5331 | +0.268% | $343.4M | $835.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5334 | +0.288% | $123.6M | $832.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5297 | +0.046% | $569K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5315 | +0.164% | $114K | $647K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5201 | −0.581% | $1.6M | $350K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5311 | +0.137% | $367.2M | $131.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5314 | +0.157% | $288.9M | $805.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5311 | +0.140% | $113.6M | $147.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5314 | +0.157% | $266.3M | $339.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5317 | +0.177% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5205 | −0.557% | $6.2M | $24.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5202 | −0.576% | $661K | $95.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5221 | −0.452% | $1.1M | $41.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5204 | −0.562% | $1.0M | $848K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5304 | +0.091% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5315 | +0.164% | $49K | $475K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5320 | +0.196% | $42K | $59K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5318 | +0.184% | $825K | $70K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5324 | +0.225% | $128K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5319 | +0.190% | $28K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5303 | +0.087% | $50.4M | $14.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5317 | +0.177% | $54.8M | $28.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5302 | +0.081% | $477K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5316 | +0.170% | $11K | $235K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5312 | +0.142% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5317 | +0.178% | $71K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0136% | 1h | 1.5319 | +0.190% | $8K | $8K | 10x | as long as short |
| Backpack XRP_USDC_PERP | +0.0151% | 1h | 1.5332 | +0.275% | $1.7M | $924K | 25x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0170% | 1h | 1.5318 | +0.180% | $15.3M | $63.3M | 50x | as long as short |
| Coinbase International XRP-PERP-INTXshort | +0.0192% | 1h | 1.5328 | +0.249% | $5.4M | $43.7M | 50x | |
| Reya XRPRUSDPERP | +0.0211% | 1h | 1.5311 | +0.138% | $1.4M | $10K | 15x | as long as short |
| Kalshi KXXRPPERP | +0.0211% | 8h | 1.5318 | +0.183% | $1.7M | $31.6M | 2.9x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5299 | +0.059% | $23.9M | $66.7M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0248% | 1h | 1.5249 | −0.268% | $19K | $55K | 7x | as long as short |
| RISEx XRP/USDC | +0.0431% | 1h | 1.5320 | +0.194% | $406K | $496K | 10x | as long as short |
| Hyperliquid XRP | +0.0465% | 1h | 1.5334 | +0.288% | $282.0M | $181.8M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0530% | 1h | 1.5253 | −0.239% | $1K | $11K | 10x | as long as short |
Injective XRP/USDC PERP
Coinbase International XRP-PERP-INTX
GMX XRP/USD [ETH-USDC]
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
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-USDC
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
Backpack XRP_USDC_PERP
Kraken Futures PF_XRPUSD
Kalshi KXXRPPERP
BloFin XRP-USDT
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD