XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0113%/8h= −12.4% APRnext payment −$0.14 per $10,000 · paid last 24h −0.035%

Price spread now: Hotstuff against Injective−1.253%45s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Hotstuff

What this pair did over the last

the charts below follow

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—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Hotstuff is 1.253% cheaper against Injective than usual: you would sell low and buy high (−$125 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 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	1.5560	0.0033	pay 0.0004% / 1h	13m 56s	$2K	$107K	30x
Short	Hotstuff XRP-PERP	1.5365	−0.0080	pay 0.0010% / 1h	13m 56s	$7K	$2K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −1.253%Rate

Funding earned: −$23.8
Price spread: −1.253% → 0.000%: −$125.32
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$154.14
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Injective: live order book, 60 min ago; Hotstuff: no order-book sample. 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 live order book, 60 min ago	39.09 bp	39.1 bp −$39	47.7 bp −$477	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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
Hotstuff XRP-PERPshort	−0.0080%	1h	1.5365	−1.253%	$7K	$2K	20x
dYdX XRP-USD	0.0000%	1h	1.5363	−1.268%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5387	−1.114%	$257K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0017% / S +0.0075%	1h	1.5386	−1.120%	$843K	—	200x	as long as short
Injective XRP/USDC PERPlong	+0.0033%	1h	1.5560	long leg	$2K	$107K	30x
Orderly PERP_XRP_USDC	+0.0063%	8h	1.5389	−1.099%	$58K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5381	−1.150%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5394	−1.066%	$2.8M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5398	−1.041%	$517K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5373	−1.202%	$9K	$280K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XRP-USD-PERP	+0.0100%	8h	1.5376	−1.181%	$479K	$55K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5373	−1.204%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5393	−1.072%	$38.9M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5374	−1.195%	$635K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5372	−1.208%	$543.2M	$2.05B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5370	−1.221%	$342.6M	$919.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5370	−1.221%	$124.9M	$868.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5317	−1.562%	$570K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5379	−1.163%	$118K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5274	−1.835%	$1.6M	$378K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5365	−1.253%	$375.0M	$151.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5368	−1.234%	$307.1M	$912.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5366	−1.245%	$111.1M	$166.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5364	−1.260%	$269.0M	$375.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5369	−1.228%	—	$124.8M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5332	−1.465%	$6.4M	$35.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5313	−1.591%	$665K	$107.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5336	−1.440%	$1.1M	$37.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5325	−1.510%	$1.2M	$997K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5371	−1.212%	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5388	−1.105%	$49K	$443K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5385	−1.123%	$41K	$67K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5392	−1.077%	$829K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5384	−1.132%	$129K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5391	−1.086%	$30K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5386	−1.121%	$50.5M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5392	−1.080%	$54.7M	$29.6M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5356	−1.310%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5388	−1.105%	$59K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0140%	1h	1.5392	−1.080%	$9.3M	$25.0M	50x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5381	−1.147%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5367	−1.240%	$24.1M	$73.8M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5398	−1.041%	$5.8M	$46.7M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0243%	1h	1.5394	−1.064%	$14.6M	$70.2M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0308%	1h	1.5404	−1.003%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0312%	1h	1.5358	−1.296%	$17K	$81K	7x	as long as short
Kalshi KXXRPPERP	+0.0314%	8h	1.5380	−1.157%	$2.0M	$34.7M	2.9x	as long as short
Hyperliquid XRP	+0.0383%	1h	1.5406	−0.991%	$290.4M	$215.1M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5320	−1.542%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0789%	1h	1.5343	−1.395%	$2K	$13K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5382	−1.146%	$544K	$773K	10x	as long as short