Funding you earn now, next payment 00:00 UTC+0.0660%/8h= +72.3% APRpaid last 24h +0.104%
Price spread now: RISEx against Katana Perps−0.002%7-day average +0.068% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.327%+$33 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.002%, 7d avg +0.068%
=Funding pays, the price is against you. RISEx is 0.071% cheaper against Katana Perps than usual: you would sell low and buy high (spread −0.002% now, against its 7-day average of +0.068%). If the spread goes back, that is −$7 on $10k: about 9 hours of funding at the current rate (+$20 a day). At the pace of the last 3 days (+0.327% in total) that is about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps XRP-USD | 1.5591 | 0.0101 | pay 0.0101% / 8h | 44m 40s | $13K | $266K | 20x |
| Short | RISEx XRP/USDC | 1.5591 | 0.0761 | get 0.0095% / 1h | 44m 40s | $508K | $632K | 10x |
Katana Perps XRP-USD
RISEx XRP/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $138.7
- Price spread: −0.002% → +0.068%
- −$7.07
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $121.82
- Costs to cover
- 0.098%
- Break-even
- 0.9 days
Slippage unknown: Katana Perps: no order-book sample; RISEx: live order book, 34 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 RISEx live order book, 34 min ago | 1.00 bp | 4.0 bp −$4 | 9.0 bp −$90 | doesn't fit | 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 | 1.5580 | −0.071% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5578 | −0.087% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5620 | +0.186% | $70K | $90K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5600 | +0.058% | $9.7M | $25.4M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5590 | −0.004% | $261K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0005% / S +0.0105% | 1h | 1.5590 | −0.009% | $858K | — | 200x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0031% | 1h | 1.5598 | +0.044% | $15.6M | $68.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0056% | 8h | 1.5596 | +0.032% | $77K | $909K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | −0.199% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5581 | −0.062% | $3.0M | $12.6M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
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 | 1.5585 | −0.038% | $444K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5596 | +0.035% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5581 | −0.064% | $39.6M | $80.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5581 | −0.064% | $641K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5585 | −0.037% | $558.1M | $2.02B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5588 | −0.019% | $347.9M | $915.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5590 | −0.006% | $127.4M | $891.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5568 | −0.148% | $579K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5579 | −0.077% | $117K | $752K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5633 | +0.270% | $1.7M | $573K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5577 | −0.090% | $375.0M | $143.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5577 | −0.090% | $300.6M | $869.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5580 | −0.071% | $113.4M | $163.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5577 | −0.090% | $272.4M | $369.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5576 | −0.096% | — | $120.6M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5624 | +0.209% | $11.7M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5593 | +0.012% | $677K | $103.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5605 | +0.090% | $1.1M | $40.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5567 | −0.154% | $1.0M | $899K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5598 | +0.048% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5599 | +0.051% | $49K | $453K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5594 | +0.019% | $42K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5600 | +0.058% | $840K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5604 | +0.081% | $131K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5598 | +0.045% | $30K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5599 | +0.051% | $51.2M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5593 | +0.013% | $55.5M | $29.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5575 | −0.102% | $486K | $54K | 50x | as long as short |
| Katana Perps XRP-USDlong | +0.0101% | 8h | 1.5591 | long leg | $13K | $266K | 20x | |
| Extended XRP-USD | +0.0104% | 1h | 1.5574 | −0.111% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5598 | +0.045% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5588 | −0.019% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5594 | +0.021% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5598 | +0.045% | $24.5M | $74.6M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5607 | +0.103% | $5.9M | $47.8M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0264% | 1h | 1.5633 | +0.268% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0317% | 8h | 1.5613 | +0.141% | $2.0M | $33.9M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0386% | 1h | 1.5600 | +0.058% | $1.7M | $1.0M | 25x | as long as short |
| Hyperliquid XRP | +0.0620% | 1h | 1.5601 | +0.064% | $297.0M | $209.1M | 20x | as long as short |
| RISEx XRP/USDCshort | +0.0761% | 1h | 1.5591 | −0.002% | $508K | $632K | 10x | |
| Aftermath Perps XRPUSD | +0.0813% | 1h | 1.5610 | +0.121% | $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
Arcus XRP-USD
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
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
Aftermath Perps XRPUSD