Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.5% APRnext payment +$0.09 per $10,000 · paid last 24h −0.018%
Price spread now: Bullet against Kraken Futures−0.004%51s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XRPUSD | 1.5368 | 0.0032 | pay 0.0004% / 1h | 21m 32s | $15.0M | $69.6M | 50x |
| Short | Bullet XRP-USD | 1.5367 | 0.0100 | get 0.0013% / 1h | 21m 32s | $41K | $68K | 20x |
Kraken Futures PF_XRPUSD
Bullet XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Kraken Futures. 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
- $14.3
- Price spread: −0.004% → 0.000%
- −$0.42
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$4.12
- Costs to cover
- 0.180%
- Break-even
- 9.0 days
Slippage unknown: Kraken Futures: live order book, 3 min ago; 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 Kraken Futures live order book, 3 min ago | 3.26 bp | 8.3 bp −$8 | 12.3 bp −$123 | 20.2 bp −$2,024 | 36.4 bp −$18.2K |
| Sell Bullet no order-book sample | — | — | — | — | — |
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 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 | 1.5365 | −0.018% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5358 | −0.064% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5370 | +0.015% | $68K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5370 | +0.013% | $266K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0006% / S +0.0097% | 1h | 1.5371 | +0.018% | $831K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0010% | 1h | 1.5367 | −0.005% | $9.4M | $25.6M | 50x | as long as short |
| Kraken Futures PF_XRPUSDlong | +0.0032% | 1h | 1.5368 | long leg | $15.0M | $69.6M | 50x | |
| Orderly PERP_XRP_USDC | +0.0058% | 8h | 1.5374 | +0.041% | $75K | $910K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +1.251% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5360 | −0.050% | $2.9M | $13.0M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
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 | 1.5363 | −0.031% | $439K | $3.2M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5362 | −0.034% | $1.1M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5359 | −0.057% | $39.1M | $81.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5362 | −0.037% | $632K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5364 | −0.026% | $546.6M | $2.04B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5364 | −0.024% | $341.9M | $924.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5366 | −0.011% | $125.2M | $879.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5345 | −0.148% | $572K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5365 | −0.018% | $117K | $758K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5410 | +0.275% | $1.7M | $572K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5356 | −0.076% | $361.2M | $147.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5365 | −0.018% | $296.2M | $887.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5362 | −0.035% | $110.2M | $165.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5362 | −0.037% | $267.4M | $375.1M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5360 | −0.050% | — | $121.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5385 | +0.111% | $11.4M | $30.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5360 | −0.048% | $667K | $105.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5364 | −0.024% | $1.1M | $40.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5364 | −0.024% | $1.0M | $900K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5365 | −0.021% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5366 | −0.011% | $47K | $455K | 20x | as long as short |
| Bullet XRP-USDshort | +0.0100% | 1h | 1.5367 | −0.004% | $41K | $68K | 20x | |
| Derive XRP-PERP | +0.0100% | 1h | 1.5371 | +0.023% | $827K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5376 | +0.053% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5367 | −0.005% | $30K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5369 | +0.010% | $50.5M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5368 | +0.002% | $54.7M | $29.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5359 | −0.055% | $479K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5366 | −0.011% | $12K | $269K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5356 | −0.079% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5370 | +0.013% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5367 | −0.005% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5364 | −0.027% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5367 | −0.005% | $24.3M | $74.7M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5374 | +0.041% | $5.8M | $47.2M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0259% | 1h | 1.5378 | +0.067% | $1.7M | $1.0M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0272% | 1h | 1.5378 | +0.067% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0306% | 8h | 1.5380 | +0.080% | $2.0M | $34.4M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0587% | 1h | 1.5381 | +0.086% | $293.3M | $213.2M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5374 | +0.040% | $500K | $638K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0783% | 1h | 1.5387 | +0.124% | $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
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD