XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.023%

Price spread now: Coinbase International against Katana Perps−0.128%7-day average +0.045% · you buy dearer than you sell

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

Long on Katana Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.075%+$7 on $10k

Price spread, last 3 days (all we have)−0.002%$0 · spread now −0.128%, 7d avg +0.045%

Together, before fees+0.073%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.173% cheaper against Katana Perps than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of +0.045%). If the spread goes back, that is −$17 on $10k: about 5.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Katana Perps XRP-USD	1.5582	0.0101	pay 0.0101% / 8h	1h 17m	$11K	$261K	20x
Short	Coinbase International XRP-PERP-INTX	1.5562	0.0216	get 0.0027% / 1h	17m 34s	$5.8M	$47.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.128%Rate

Funding earned: $24.21
Price spread: −0.128% → +0.045%: −$17.34
Slippage, 4 orders: no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$6.93
Costs to cover: 0.138%
Break-even: 9.0 days

Slippage unknown: Katana Perps: no order-book sample; Coinbase International: 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 Coinbase International live order book, 2 min ago	0.64 bp	9.2 bp −$9	11.9 bp −$119	26.1 bp −$2,606	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	1.5582	0.000%	$7K	$2K	20x	as long as short
GMX XRP/USD [ETH-USDC]	L −0.0003% / S +0.0117%	1h	1.5557	−0.158%	$851K	—	200x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5575	−0.045%	$1.1M	$113K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5558	−0.154%	$260K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0007%	1h	1.5563	−0.122%	$9.6M	$25.2M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	−0.141%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5559	−0.145%	$15.5M	$68.5M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0054%	8h	1.5559	−0.148%	$78K	$949K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5586	+0.025%	$3.0M	$12.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5579	−0.019%	$441K	$3.2M	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	1.5575	−0.048%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5585	+0.019%	$39.5M	$78.7M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5585	+0.022%	$642K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5584	+0.013%	$560.7M	$1.98B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5580	−0.013%	$346.8M	$900.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5576	−0.039%	$127.7M	$883.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5554	−0.180%	$580K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5584	+0.013%	$119K	$743K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5567	−0.098%	$1.7M	$578K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5576	−0.039%	$374.5M	$140.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5584	+0.013%	$298.8M	$858.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5584	+0.015%	$114.1M	$159.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5576	−0.039%	$272.2M	$364.1M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5578	−0.026%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5549	−0.215%	$11.8M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5567	−0.097%	$676K	$102.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5549	−0.210%	$1.1M	$41.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5555	−0.173%	$1.0M	$883K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5569	−0.083%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5561	−0.135%	$47K	$447K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5558	−0.155%	$42K	$66K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5561	−0.133%	$838K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5566	−0.105%	$131K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5560	−0.141%	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5558	−0.151%	$51.1M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5558	−0.154%	$55.4M	$29.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5580	−0.010%	$486K	$54K	50x	as long as short
Katana Perps XRP-USDlong	+0.0101%	8h	1.5582	long leg	$11K	$261K	20x
Extended XRP-USD	+0.0104%	1h	1.5572	−0.061%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5558	−0.151%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5590	+0.051%	$8K	$8K	10x	as long as short
Hibachi XRP/USDT-P	+0.0208%	1h	1.5560	−0.144%	$18K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5553	−0.188%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0216%	1h	1.5562	−0.128%	$5.8M	$47.3M	50x
BloFin XRP-USDT	+0.0220%	8h	1.5549	−0.212%	$24.5M	$73.8M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0293%	1h	1.5563	−0.122%	$1.8M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0324%	8h	1.5564	−0.116%	$1.9M	$32.9M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5560	−0.141%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5597	+0.094%	$511K	$630K	10x	as long as short
Hyperliquid XRP	+0.0597%	1h	1.5591	+0.058%	$290.7M	$203.8M	20x	as long as short
Aftermath Perps XRPUSD	+0.0764%	1h	1.5563	−0.122%	$1K	$11K	10x	as long as short