XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Katana Perps−0.116%49s7-day average +0.042% · you buy dearer than you sell

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

Long on Katana Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.029%+$3 on $10k

Price spread, last 7 days+0.097%+$10 · spread now −0.116%, 7d avg +0.042%

Together, before fees+0.126%+$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.158% cheaper against Katana Perps than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.042%. The two prices were read 49 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	Katana Perps XRP-USD	1.5513	0.0101	pay 0.0101% / 8h	1h 31m	$12K	$250K	20x
Short	Bitget XRPUSDT	1.5495	0.0100	get 0.0100% / 8h	1h 31m	$270.1M	$360.3M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 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 Katana PerpsbpFee BitgetbpOrdersPrice spread, now −0.116%Rate

Funding earned: −$0.17
Price spread: −0.116% → +0.042%: −$15.83
Slippage, 4 orders: no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$31.8
Costs to cover: 0.158%
Break-even: never at this rate

Slippage unknown: Katana Perps: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago	0.32 bp	6.5 bp −$6	9.5 bp −$95	22.1 bp −$2,207	42.4 bp −$21.2K

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	1.5521	+0.052%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5517	+0.029%	$1.1M	$104K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5499	−0.090%	$9.6M	$25.2M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5498	−0.093%	$259K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−1.438%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5509	−0.025%	$15.6M	$68.4M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0053%	8h	1.5496	−0.110%	$77K	$941K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0082% / S +0.0128%	1h	1.5498	−0.098%	$913K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5502	−0.071%	$3.0M	$12.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5512	−0.006%	$455K	$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	1.5498	−0.093%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5495	−0.116%	$39.2M	$77.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5522	+0.058%	$670K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5498	−0.097%	$558.1M	$1.96B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5497	−0.103%	$347.6M	$887.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5496	−0.110%	$127.1M	$872.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5515	+0.013%	$580K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5520	+0.045%	$117K	$736K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5683	+1.096%	$1.7M	$616K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5495	−0.116%	$373.2M	$139.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5497	−0.103%	$291.7M	$842.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5494	−0.123%	$113.4M	$158.0M	75x	as long as short
Bitget XRPUSDTshort	+0.0100%	8h	1.5495	−0.116%	$270.1M	$360.3M	125x
BingX XRP-USDC	+0.0100%	8h	1.5498	−0.097%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5595	+0.527%	$11.8M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5564	+0.326%	$677K	$100.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5554	+0.267%	$1.1M	$41.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5582	+0.445%	$1.0M	$881K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5495	−0.116%	$46K	$445K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5500	−0.084%	$42K	$65K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5498	−0.095%	$834K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5509	−0.026%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5500	−0.084%	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5491	−0.141%	$50.9M	$15.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5508	−0.032%	$55.3M	$29.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5505	−0.050%	—	$10K	10x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5521	+0.049%	$484K	$54K	50x	as long as short
Katana Perps XRP-USDlong	+0.0101%	8h	1.5513	long leg	$12K	$250K	20x
Extended XRP-USD	+0.0104%	1h	1.5491	−0.143%	$2.2M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5496	−0.110%	$72K	$40K	3x	as long as short
Hibachi XRP/USDT-P	+0.0160%	1h	1.5528	+0.095%	$18K	$81K	7x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5515	+0.013%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5497	−0.105%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5512	−0.006%	$5.8M	$46.8M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5518	+0.032%	$24.6M	$73.3M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0260%	1h	1.5501	−0.077%	$1.8M	$994K	25x	as long as short
Kalshi KXXRPPERP	+0.0317%	8h	1.5521	+0.052%	$1.9M	$32.5M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5570	+0.367%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5522	+0.059%	$509K	$623K	10x	as long as short
Hyperliquid XRP	+0.0596%	1h	1.5516	+0.019%	$290.0M	$200.6M	20x	as long as short
Aftermath Perps XRPUSD	+0.0709%	1h	1.5580	+0.431%	$1K	$11K	10x	as long as short