XRP

Alert: funding

Alert: spread

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: Pacifica against Injective−1.632%7-day average +0.316% · you buy dearer than you sell

Net, funding: paid 7d − costs−$118as in the Funding arb table

Net, price: spread back to 7d avg − costs−$303as in the Price arb table

costs, in and out, $10k−$1081.083% of the position

Long on Injective Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 3 days (all we have)+2.291%+$229 · spread now −1.632%, 7d avg +0.316%

Together, before fees+2.197%+ Points / potential airdropPacifica: Active · farm board+$220 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 1.948% cheaper against Injective than usual: you would sell low and buy high (spread −1.632% now, against its 7-day average of +0.316%). If the spread goes back, that is −$195 on $10k: about 20 months of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.094%, 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	0.0089	pay 0.0011% / 1h	6m 17s	$2K	$107K	30x
Short	Pacifica XRP	1.5306	0.0100	get 0.0013% / 1h	6m 17s	$630K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −1.632%Rate

Funding earned: $2.27
Price spread: −1.632% → +0.316%: −$194.83
Slippage, 4 orders: −$100.29
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$300.86
Costs to cover: 1.083%
Break-even: 935.0 days

Slippage from Injective: live order book, 7 min ago; Pacifica: live order book, 3 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, 7 min ago	39.09 bp	39.1 bp −$39	47.7 bp −$477	doesn't fit	doesn't fit
Sell Pacifica live order book, 3 min ago	0.98 bp	5.0 bp −$5	8.2 bp −$82	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	1.5307	−1.626%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5298	−1.681%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5340	−1.414%	$68K	$90K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5292	−1.721%	$256K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0006% / S +0.0091%	1h	1.5291	−1.729%	$838K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5304	−1.645%	$9.3M	$25.6M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0032%	1h	1.5304	−1.648%	$14.9M	$69.8M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0060%	8h	1.5299	−1.677%	$75K	$910K	50x	as long as short
Injective XRP/USDC PERPlong	+0.0089%	1h	1.5560	long leg	$2K	$107K	30x
Lighter XRP	+0.0096%	1h	1.5308	−1.621%	$2.9M	$13.5M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5306	−1.632%	$504K	$3.2M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5300	−1.668%	$1.1M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5296	−1.700%	$38.7M	$82.1M	100x	as long as short
Pacifica XRPshort	+0.0100%	1h	1.5306	−1.632%	$630K	$1.1M	20x
Binance XRPUSDT	+0.0100%	8h	1.5296	−1.697%	$542.8M	$2.06B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5295	−1.703%	$338.0M	$928.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5302	−1.658%	$124.8M	$879.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5309	−1.613%	$570K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5304	−1.645%	$115K	$701K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5333	−1.458%	$1.7M	$570K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5285	−1.767%	$360.8M	$148.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5283	−1.780%	$295.2M	$896.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5281	−1.790%	$108.1M	$166.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5299	−1.677%	$267.1M	$376.9M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5296	−1.697%	—	$122.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5290	−1.732%	$8.2M	$33.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5337	−1.431%	$666K	$105.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5343	−1.395%	$1.1M	$40.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5338	−1.427%	$1.0M	$901K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5298	−1.684%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5301	−1.665%	$47K	$456K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5291	−1.729%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5303	−1.653%	$824K	$82K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5306	−1.632%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5301	−1.665%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5306	−1.631%	$50.2M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5311	−1.600%	$54.6M	$29.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5303	−1.654%	$477K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5301	−1.665%	$11K	$269K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5297	−1.693%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5298	−1.681%	$71K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5308	−1.620%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5285	−1.770%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5314	−1.581%	$24.1M	$74.7M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5317	−1.562%	$5.8M	$46.7M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0260%	1h	1.5317	−1.562%	$1.7M	$1.0M	25x	as long as short
Hibachi XRP/USDT-P	+0.0296%	1h	1.5345	−1.382%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0313%	8h	1.5312	−1.594%	$2.0M	$34.5M	2.9x	as long as short
Hyperliquid XRP	+0.0562%	1h	1.5306	−1.632%	$290.2M	$215.3M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5305	−1.638%	$539K	$738K	10x	as long as short
Aftermath Perps XRPUSD	+0.0796%	1h	1.5332	−1.467%	$1K	$11K	10x	as long as short