Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h 0.000%
Price spread now: Arcus against Katana Perps+0.013%7-day average +0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.013%, 7d avg +0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps XRP-USD | 1.5407 | 0.0101 | pay 0.0101% / 8h | 26m 47s | $11K | $268K | 20x |
| Short | Arcus XRP-USD | 1.5409 | 0.0100 | get 0.0013% / 1h | 26m 47s | $116K | $757K | 20x |
Katana Perps XRP-USD
Arcus XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Katana Perps. 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
- −$0.11
- Price spread: +0.013% → +0.016%
- −$0.32
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$8.74
- Costs to cover
- 0.083%
- Break-even
- never at this rate
Slippage unknown: Katana Perps: no order-book sample; Arcus: live order book, 52 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 52 min ago | 0.64 bp | 5.5 bp −$5 | 9.2 bp −$92 | 30.0 bp −$2,996 | doesn't fit |
Katana Perps: 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-PERP | −0.0080% | 1h | 1.5413 | +0.039% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5403 | −0.026% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5420 | +0.084% | $69K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5406 | −0.006% | $267K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0005% / S +0.0098% | 1h | 1.5405 | −0.014% | $833K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0010% | 1h | 1.5410 | +0.019% | $9.5M | $25.5M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5406 | −0.006% | $15.1M | $69.6M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0058% | 8h | 1.5409 | +0.013% | $76K | $910K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +0.993% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5415 | +0.053% | $3.0M | $12.7M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Injective XRP/USDC PERP
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 | 1.5413 | +0.039% | $439K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5395 | −0.075% | $1.1M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5406 | −0.006% | $39.2M | $81.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5404 | −0.021% | $634K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5401 | −0.037% | $548.5M | $2.04B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5399 | −0.052% | $342.9M | $922.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5400 | −0.045% | $125.6M | $881.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5382 | −0.162% | $574K | $41K | 5x | as long as short |
| Arcus XRP-USDshort | +0.0100% | 1h | 1.5409 | +0.013% | $116K | $757K | 20x | |
| Bulk XRP-USD | +0.0100% | 1h | 1.5410 | +0.019% | $1.7M | $572K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5402 | −0.032% | $362.0M | $147.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5403 | −0.026% | $297.7M | $882.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5407 | −0.001% | $111.9M | $164.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5399 | −0.052% | $268.8M | $373.1M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5400 | −0.045% | — | $121.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5433 | +0.167% | $11.5M | $30.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5405 | −0.014% | $669K | $104.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5414 | +0.047% | $1.1M | $40.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5406 | −0.006% | $1.0M | $900K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5405 | −0.013% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5406 | −0.006% | $47K | $455K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5404 | −0.016% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5411 | +0.029% | $830K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5410 | +0.021% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5408 | +0.006% | $32K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5400 | −0.043% | $50.5M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5412 | +0.032% | $54.8M | $29.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5407 | −0.002% | $480K | $54K | 50x | as long as short |
| Katana Perps XRP-USDlong | +0.0101% | 8h | 1.5407 | long leg | $11K | $268K | 20x | |
| Extended XRP-USD | +0.0104% | 1h | 1.5399 | −0.054% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5408 | +0.008% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5409 | +0.013% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5402 | −0.034% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5416 | +0.058% | $24.4M | $74.5M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5417 | +0.065% | $5.8M | $47.3M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0256% | 1h | 1.5415 | +0.053% | $18K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0267% | 1h | 1.5414 | +0.045% | $1.7M | $1.0M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0305% | 8h | 1.5414 | +0.045% | $2.0M | $34.3M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0587% | 1h | 1.5417 | +0.065% | $293.2M | $212.3M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5415 | +0.053% | $501K | $634K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0788% | 1h | 1.5435 | +0.179% | $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
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
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
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD