Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bullet against Katana Perps+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bullet is 0.039% dearer against Katana Perps than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps XRP-USD | 1.5365 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $9K | $400K | 20x |
| Short | Bullet XRP-USD | 1.5371 | 0.0100 | get 0.0013% / 1h | 55m 11s | $42K | $65K | 20x |
Katana Perps XRP-USD
Bullet XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- $0.04
- Price spread: +0.039% → 0.000%
- $3.9
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$7.85
- Costs to cover
- 0.118%
- Break-even
- 1253.6 days
Slippage unknown: Katana Perps: no order-book sample; Bullet: 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Bullet no order-book sample | — | — | — | — | — |
Katana Perps and Bullet: 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 50 exchanges
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 | 1.5403 | +0.247% | $5K | $4K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0062% | 1h | 1.5368 | +0.018% | $14.1M | $71.6M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5367 | +0.013% | $1.1M | $155K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5370 | +0.033% | $7.9M | $21.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5383 | +0.115% | $246K | — | 150x | as long as short |
| 01 Exchange XRPUSD | +0.0016% | 1h | 1.5367 | +0.013% | $9K | $987 | 10x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.269% | $2K | $107K | 30x | as long as short |
| SoDEX XRP-USD | +0.0060% | 1h | 1.5368 | +0.020% | $30K | $1.5M | 10x | as long as short |
| Ondo Perps XRP-USD.P | +0.0079% | 1h | 1.5389 | +0.156% | $565K | $37K | 5x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5368 | +0.020% | $2.8M | $14.0M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
01 Exchange XRPUSD
Injective XRP/USDC PERP
SoDEX XRP-USD
Ondo Perps XRP-USD.P
Lighter XRPShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5370 | +0.033% | $601K | $3.1M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5374 | +0.061% | $479K | $47K | 50x | as long as short |
| Katana Perps XRP-USDlong | +0.0100% | 8h | 1.5365 | long leg | $9K | $400K | 20x | |
| Nado XRP-PERP | +0.0100% | 1h | 1.5368 | +0.023% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5380 | +0.098% | $299.8M | $267.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5366 | +0.007% | $39.3M | $81.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5374 | +0.059% | $594K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5363 | −0.013% | $535.7M | $2.09B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5365 | 0.000% | $364.3M | $890.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5364 | −0.007% | $124.9M | $839.6M | 100x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5376 | +0.072% | $165K | $684K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5379 | +0.091% | $1.6M | $25K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5374 | +0.059% | $383.9M | $155.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5362 | −0.020% | $310.1M | $885.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5368 | +0.021% | $106.8M | $181.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5369 | +0.026% | $272.7M | $357.8M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5367 | +0.013% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5375 | +0.062% | $5.0M | $38.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5375 | +0.067% | $668K | $109.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5385 | +0.133% | $1.1M | $30.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5406 | +0.267% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5372 | +0.044% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5369 | +0.026% | $53K | $475K | 20x | as long as short |
| Bullet XRP-USDshort | +0.0100% | 1h | 1.5371 | +0.039% | $42K | $65K | 20x | |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5370 | +0.033% | $84K | $613K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5370 | +0.033% | $129K | $1.5M | 30x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5362 | −0.018% | $50.1M | $14.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5367 | +0.013% | $54.8M | $33.3M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0101% | 1h | 1.5375 | +0.065% | $2.0M | $1.2M | 25x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5362 | −0.017% | $2.2M | $6.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5362 | −0.017% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0112% | 1h | 1.5371 | +0.039% | $5.5M | $44.7M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0120% | 1h | 1.5373 | +0.052% | $17K | $76K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0141% | 8h | 1.5373 | +0.052% | $1.9M | $34.9M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0200% / S −0.0534% | 1h | 1.5365 | −0.003% | $807K | — | 200x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5361 | −0.026% | $23.9M | $78.6M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0223% | 1h | 1.5365 | 0.000% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5384 | +0.122% | $514K | $739K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0429% | 1h | 1.5392 | +0.174% | $3K | $14K | 10x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5390 | +0.163% | $69K | $108K | 15x | as long as short |
Lighter RH XRP
Paradex XRP-USD-PERP
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Orderly PERP_XRP_USDC
SunX XRP-USDT
HTX XRP-USDT
Phemex XRPUSDT
Backpack XRP_USDC_PERP
Extended XRP-USD
Aevo XRP-PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
GMX XRP/USD [ETH-USDC]
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD
Phoenix XRP