Funding you earn now, next payment 00:00 UTC+0.0069%/8h= +7.5% APRpaid last 24h −0.018%
Price spread now: Variational Omni against Kraken Futures+0.319%7-day average −0.024% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.070%−$7 on $10k
+Price spread, last 3 days (all we have)−0.542%−$54 · spread now +0.319%, 7d avg −0.024%
=Together, before fees−0.612%+ Points / potential airdropVariational Omni: Active · farm board−$61 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.343% dearer against Kraken Futures than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.024%. Mind the row above: over the last 3 days funding on this pair cost −0.070%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XRPUSD | 1.5584 | 0.0031 | pay 0.0004% / 1h | 46m 56s | $15.6M | $68.7M | 50x |
| Short | Variational Omni XRP | 1.5634 | 0.0100 | get 0.0100% / 8h | 46m 56s | $11.7M | $30.5M | — |
Kraken Futures PF_XRPUSD
Variational Omni XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $14.4
- Price spread: +0.319% → −0.024%
- $34.26
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $38.66
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 2 min ago; 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 Kraken Futures live order book, 2 min ago | 0.96 bp | 11.1 bp −$11 | 13.0 bp −$130 | 22.0 bp −$2,197 | 40.6 bp −$20.3K |
| Sell Variational Omni RFQ quote, 2 min ago | 2.02 bp | doesn't fit | 7.5 bp −$75 | 21.0 bp −$2,100 | doesn't fit |
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 | 1.5571 | −0.083% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5574 | −0.063% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5650 | +0.424% | $70K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5567 | −0.109% | $260K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0005% / S +0.0106% | 1h | 1.5568 | −0.101% | $856K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0007% | 1h | 1.5576 | −0.051% | $9.7M | $25.4M | 50x | as long as short |
| Kraken Futures PF_XRPUSDlong | +0.0031% | 1h | 1.5584 | long leg | $15.6M | $68.7M | 50x | |
| Orderly PERP_XRP_USDC | +0.0056% | 8h | 1.5570 | −0.089% | $77K | $909K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | −0.153% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5584 | 0.000% | $3.0M | $12.5M | 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 | 1.5586 | +0.014% | $444K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5571 | −0.086% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5596 | +0.080% | $39.6M | $79.9M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5579 | −0.034% | $641K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5614 | +0.193% | $559.1M | $2.01B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5612 | +0.180% | $347.5M | $913.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5603 | +0.123% | $127.2M | $891.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5568 | −0.102% | $582K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5572 | −0.076% | $117K | $752K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5633 | +0.316% | $1.7M | $573K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5587 | +0.020% | $372.5M | $143.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5610 | +0.168% | $302.5M | $867.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5611 | +0.177% | $113.6M | $163.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5610 | +0.168% | $273.0M | $369.7M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5596 | +0.078% | — | $3.7M | — | as long as short |
| Variational Omni XRPshort | +0.0100% | 8h | 1.5634 | +0.319% | $11.7M | $30.5M | — | |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5593 | +0.058% | $677K | $103.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5605 | +0.136% | $1.1M | $40.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5640 | +0.360% | $1.0M | $887K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5569 | −0.097% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5570 | −0.089% | $48K | $453K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5571 | −0.083% | $42K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5573 | −0.068% | $838K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5578 | −0.039% | $131K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5579 | −0.031% | $30K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5567 | −0.112% | $51.1M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5580 | −0.025% | $55.4M | $29.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5570 | −0.091% | $485K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5574 | −0.063% | $13K | $266K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5607 | +0.146% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5575 | −0.060% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5571 | −0.083% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5562 | −0.143% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5585 | +0.007% | $24.5M | $74.5M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5588 | +0.026% | $5.9M | $47.7M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0272% | 1h | 1.5580 | −0.022% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0319% | 8h | 1.5568 | −0.102% | $1.9M | $33.8M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0378% | 1h | 1.5597 | +0.084% | $1.7M | $1.0M | 25x | as long as short |
| Hyperliquid XRP | +0.0613% | 1h | 1.5610 | +0.168% | $297.4M | $208.7M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5579 | −0.034% | $508K | $632K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0831% | 1h | 1.5606 | +0.142% | $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-USDC
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
Katana Perps XRP-USD
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
RISEx XRP/USDC
Aftermath Perps XRPUSD