XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%

Price spread now: Extended against Injective−2.677%7-day average +0.108% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$378as in the Price arb table

costs, in and out, $10k−$990.994% of the position

Long on Injective Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 4 days (all we have)+3.406%+$341 · spread now −2.677%, 7d avg +0.108%

Together, before fees+3.350%+ Points / potential airdropExtended: Active · farm board+$335 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 2.786% cheaper against Injective than usual: you would sell low and buy high (spread −2.677% now, against its 7-day average of +0.108%). If the spread goes back, that is −$279 on $10k: about 4 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective XRP/USDC PERP	1.5560	0.0033	pay 0.0004% / 1h	57m 12s	$2K	$107K	30x
Short	Extended XRP-USD	1.5143	0.0104	get 0.0013% / 1h	57m 12s	$2.0M	$6.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee ExtendedbpOrdersPrice spread, now −2.677%Rate

Funding earned: $14.84
Price spread: −2.677% → +0.108%: −$278.57
Slippage, 4 orders: −$94.36
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$363.11
Costs to cover: 0.994%
Break-even: 178.3 days

Slippage from Injective: live order book, 56 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 Injective live order book, 56 min ago	46.05 bp	46.1 bp −$46	59.2 bp −$592	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.99 bp	3.8 bp −$4	6.4 bp −$64	doesn't fit	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
Hotstuff XRP-PERP	−0.0080%	1h	1.5098	−2.969%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5150	−2.634%	$14.3M	$75.1M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5128	−2.777%	$1.1M	$115K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5152	−2.622%	$7.7M	$25.6M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5148	−2.646%	$259K	—	150x	as long as short
Injective XRP/USDC PERPlong	+0.0033%	1h	1.5560	long leg	$2K	$107K	30x
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5148	−2.650%	$794K	—	200x	as long as short
01 Exchange XRPUSD	+0.0056%	1h	1.5139	−2.706%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5150	−2.632%	$2.8M	$14.8M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5153	−2.616%	$498K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0099%	8h	1.5129	−2.770%	$10K	$356K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5137	−2.715%	$946K	$6.2M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5157	−2.590%	$290.5M	$257.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5148	−2.651%	$38.9M	$86.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5133	−2.743%	$607K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5149	−2.644%	$532.6M	$2.18B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5149	−2.641%	$343.0M	$950.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5147	−2.654%	$125.2M	$889.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5102	−2.943%	$562K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5142	−2.686%	$137K	$722K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5150	−2.635%	$373.5M	$154.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5148	−2.648%	$294.3M	$903.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5148	−2.651%	$108.3M	$179.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5149	−2.641%	$268.7M	$392.7M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5144	−2.674%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5110	−2.893%	$4.8M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5106	−2.917%	$656K	$111.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5111	−2.883%	$1.1M	$37.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5112	−2.879%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5134	−2.739%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5150	−2.635%	$49K	$490K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5147	−2.654%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5148	−2.648%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5147	−2.652%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5152	−2.619%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5148	−2.648%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5140	−2.699%	$49.5M	$15.8M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5146	−2.661%	$53.9M	$31.7M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5107	−2.908%	$1.6M	$29K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5135	−2.731%	$472K	$55K	50x	as long as short
Extended XRP-USDshort	+0.0104%	1h	1.5143	−2.677%	$2.0M	$6.8M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5144	−2.672%	$58K	$25K	3x	as long as short
Kalshi KXXRPPERP	+0.0168%	8h	1.5125	−2.796%	$1.8M	$35.5M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0174%	1h	1.5109	−2.898%	$2.0M	$1.4M	25x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5150	−2.635%	$5.7M	$48.3M	50x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5144	−2.672%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5142	−2.686%	$24.2M	$75.8M	125x	as long as short
Hibachi XRP/USDT-P	+0.0264%	1h	1.5091	−3.013%	$17K	$82K	7x	as long as short
RISEx XRP/USDC	+0.0305%	1h	1.5141	−2.692%	$516K	$777K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5130	−2.763%	$67K	$109K	15x	as long as short
Aftermath Perps XRPUSD	+0.0623%	1h	1.5122	−2.817%	$2K	$15K	10x	as long as short