Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Katana Perps−0.047%7-day average +0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.029%+$3 on $10k
+Price spread, last 7 days+0.099%+$10 · spread now −0.047%, 7d avg +0.038%
=Together, before fees+0.128%+ Points / potential airdropVariational Omni: Active · farm board+$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: Variational Omni is 0.085% cheaper against Katana Perps than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps XRP-USD | 1.5153 | 0.0099 | pay 0.0099% / 8h | 1h 32m | $10K | $371K | 20x |
| Short | Variational Omni XRP | 1.5146 | 0.0100 | get 0.0100% / 8h | 1h 32m | $4.7M | $38.5M | — |
Katana Perps XRP-USD
Variational Omni XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $0.2
- Price spread: −0.047% → +0.038%
- −$8.53
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$12.13
- Costs to cover
- 0.038%
- Break-even
- 437.1 days
Slippage unknown: Katana Perps: no order-book sample; Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 2 min ago | 2.01 bp | doesn't fit | 5.1 bp −$51 | 18.2 bp −$1,819 | 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 | 1.5168 | +0.099% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5159 | +0.039% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.112% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5147 | −0.043% | $245K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5152 | −0.007% | $7.7M | $24.9M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5150 | −0.023% | $14.4M | $75.1M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.686% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0084% / S −0.0033% | 1h | 1.5152 | −0.008% | $799K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5150 | −0.020% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5151 | −0.013% | $544K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange XRPUSD | +0.0096% | 1h | 1.5161 | +0.053% | $8K | $2K | 10x | as long as short |
| Katana Perps XRP-USDlong | +0.0099% | 8h | 1.5153 | long leg | $10K | $371K | 20x | |
| Nado XRP-PERP | +0.0100% | 1h | 1.5149 | −0.023% | $978K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5153 | 0.000% | $38.5M | $87.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5159 | +0.041% | $616K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5155 | +0.016% | $531.3M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5149 | −0.026% | $345.6M | $962.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5153 | 0.000% | $127.2M | $882.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5151 | −0.013% | $564K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5162 | +0.059% | $143K | $714K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5148 | −0.033% | $375.9M | $160.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5150 | −0.020% | $300.0M | $923.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5147 | −0.038% | $107.3M | $181.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5151 | −0.013% | $267.2M | $397.3M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5155 | +0.013% | — | $4.2M | — | as long as short |
| Variational Omni XRPshort | +0.0100% | 8h | 1.5146 | −0.047% | $4.7M | $38.5M | — | |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5160 | +0.046% | $660K | $113.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5158 | +0.033% | $1.1M | $36.6M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5169 | +0.106% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5158 | +0.036% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5156 | +0.020% | $47K | $489K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5156 | +0.021% | $41K | $71K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5152 | −0.007% | $65K | $774K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5148 | −0.030% | $815K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5159 | +0.040% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5149 | −0.026% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5169 | +0.103% | $49.5M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5150 | −0.020% | $54.2M | $32.5M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5157 | +0.026% | $1.6M | $5K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5158 | +0.032% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5148 | −0.034% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5149 | −0.028% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0152% | 1h | 1.5142 | −0.070% | $17K | $79K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0168% | 1h | 1.5158 | +0.033% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5159 | +0.040% | $5.7M | $48.3M | 50x | as long as short |
| Hyperliquid XRP | +0.0179% | 1h | 1.5163 | +0.066% | $288.3M | $264.7M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0206% | 8h | 1.5159 | +0.040% | $1.7M | $35.2M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5149 | −0.024% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5170 | +0.112% | $23.6M | $77.9M | 125x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5160 | +0.046% | $524K | $798K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0599% | 1h | 1.5161 | +0.051% | $2K | $16K | 10x | as long as short |
01 Exchange XRPUSD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hyperliquid XRP
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD