XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.31 per $10,000 · paid last 24h −0.009%

Price spread now: Orderly against Katana Perps+0.020%7-day average +0.012% · you sell dearer than you buy

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

Long on Katana Perps Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.011%+$1 on $10k

Price spread, last 3 days (all we have)−0.073%−$7 · spread now +0.020%, 7d avg +0.012%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Katana Perps XRP-USD	1.5153	0.0100	pay 0.0100% / 8h	6h 43m	$11K	$305K	20x
Short	Orderly PERP_XRP_USDC	1.5156	0.0068	get 0.0068% / 8h	6h 43m	$57K	$945K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.020%Rate

Funding earned: −$6.58
Price spread: +0.020% → +0.012%: $0.81
Slippage, 4 orders: no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$15.57
Costs to cover: 0.098%
Break-even: never at this rate

Slippage unknown: Katana Perps: no order-book sample; Orderly: 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 Orderly no order-book sample	—	—	—	—	—

Katana Perps and Orderly: 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	1.5156	+0.020%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5155	+0.012%	$1.1M	$120K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5160	+0.046%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5147	−0.038%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0023% / S +0.0065%	1h	1.5141	−0.082%	$830K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.686%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5148	−0.034%	$14.6M	$72.4M	50x	as long as short
Orderly PERP_XRP_USDCshort	+0.0068%	8h	1.5156	+0.020%	$57K	$945K	50x
Lighter XRP	+0.0096%	1h	1.5150	−0.020%	$2.8M	$14.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5157	+0.026%	$518K	$3.3M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USDlong	+0.0100%	8h	1.5153	long leg	$11K	$305K	20x
Nado XRP-PERP	+0.0100%	1h	1.5151	−0.010%	$877K	$5.8M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5160	+0.048%	$38.4M	$84.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5153	0.000%	$611K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5147	−0.039%	$536.2M	$2.10B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5150	−0.020%	$337.7M	$938.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5152	−0.007%	$123.9M	$871.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5157	+0.026%	$564K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5157	+0.026%	$115K	$723K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5183	+0.197%	$1.6M	$305K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5150	−0.020%	$367.9M	$150.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5144	−0.059%	$291.9M	$899.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5145	−0.056%	$108.3M	$171.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5147	−0.040%	$264.8M	$384.0M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5144	−0.059%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5155	+0.014%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5178	+0.166%	$660K	$108.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5207	+0.357%	$1.1M	$38.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5185	+0.211%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5149	−0.026%	—	$12K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5155	+0.013%	$45K	$453K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5145	−0.056%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5159	+0.038%	$816K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5151	−0.015%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5153	0.000%	$30K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5153	−0.001%	$49.7M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5155	+0.013%	$53.8M	$29.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5152	−0.004%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5146	−0.048%	$2.0M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5155	+0.016%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5161	+0.053%	$8K	$8K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0146%	1h	1.5160	+0.046%	$9.0M	$25.0M	50x	as long as short
Hyperliquid XRP	+0.0180%	1h	1.5173	+0.135%	$280.7M	$223.2M	20x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5133	−0.130%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5156	+0.020%	$5.7M	$46.5M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.264%	$24.0M	$75.2M	125x	as long as short
Hibachi XRP/USDT-P	+0.0328%	1h	1.5141	−0.076%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0335%	8h	1.5152	−0.007%	$2.1M	$36.0M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0355%	1h	1.5164	+0.073%	$1.9M	$1.3M	25x	as long as short
RISEx XRP/USDC	+0.0456%	1h	1.5158	+0.030%	$537K	$782K	10x	as long as short
Aftermath Perps XRPUSD	+0.0801%	1h	1.5166	+0.084%	$2K	$14K	10x	as long as short