XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Extended against Nado−0.025%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$150.150% of the position

Long on Nado Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.012%+$1 on $10k

Price spread, last 7 days−0.082%−$8 · spread now −0.025%, 7d avg −0.066%

Together, before fees−0.070%+ Points / potential airdropNado: Active · Extended: Active · farm board−$7 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: Extended is 0.041% dearer against Nado than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XRP-PERP	1.5316	0.0100	pay 0.0012% / 1h	5m 30s	$1.0M	$5.5M	20x
Short	Extended XRP-USD	1.5313	0.0104	get 0.0013% / 1h	5m 30s	$2.1M	$7.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Nado. 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 NadobpFee ExtendedbpOrdersPrice spread, now −0.025%Rate

Funding earned: $0.84
Price spread: −0.025% → −0.066%: $4.06
Slippage, 4 orders: −$2.97
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$10.07
Costs to cover: 0.150%
Break-even: 90.9 days

Slippage from Nado: live order book, 4 min ago; Extended: live order book, 3 min ago.

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 Nado live order book, 4 min ago	0.33 bp	4.3 bp −$4	10.5 bp −$105	45.8 bp −$4,577	doesn't fit
Sell Extended live order book, 3 min ago	0.32 bp	2.8 bp −$3	4.8 bp −$48	doesn't fit	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	1.5315	−0.010%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5306	−0.072%	$1.1M	$115K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5315	−0.012%	$256K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5324	+0.049%	$9.3M	$24.9M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0019% / S +0.0072%	1h	1.5313	−0.022%	$840K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.590%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0064%	8h	1.5316	−0.003%	$58K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5319	+0.016%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5318	+0.009%	$2.8M	$14.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5319	+0.016%	$513K	$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-USD	+0.0100%	8h	1.5311	−0.036%	$9K	$281K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5316	−0.001%	$478K	$55K	50x	as long as short
Nado XRP-PERPlong	+0.0100%	1h	1.5316	long leg	$1.0M	$5.5M	20x
Aster XRPUSDT	+0.0100%	8h	1.5311	−0.039%	$38.7M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5319	+0.013%	$630K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5315	−0.009%	$541.1M	$2.05B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5312	−0.029%	$341.4M	$918.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5314	−0.016%	$124.4M	$866.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5351	+0.225%	$571K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5318	+0.010%	$117K	$716K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5350	+0.216%	$1.7M	$327K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5316	−0.003%	$374.2M	$152.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5319	+0.016%	$304.0M	$915.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5315	−0.011%	$111.0M	$167.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5315	−0.010%	$268.6M	$375.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5311	−0.036%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5315	−0.012%	$6.5M	$35.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5348	+0.207%	$666K	$106.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5355	+0.251%	$1.1M	$37.7M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5390	+0.480%	$1.2M	$997K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5316	−0.003%	$47K	$446K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5316	−0.001%	$41K	$67K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5318	+0.010%	$825K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5331	+0.091%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5325	+0.055%	$30K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5323	+0.044%	$50.3M	$15.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5327	+0.069%	$54.5M	$29.6M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5316	0.000%	—	$9K	10x	as long as short
Extended XRP-USDshort	+0.0104%	1h	1.5313	−0.025%	$2.1M	$7.1M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5318	+0.010%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5313	−0.025%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5355	+0.251%	$24.1M	$74.0M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5329	+0.082%	$5.7M	$46.6M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0244%	1h	1.5323	+0.046%	$14.5M	$70.3M	50x	as long as short
Hibachi XRP/USDT-P	+0.0304%	1h	1.5318	+0.012%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0309%	1h	1.5318	+0.010%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0323%	8h	1.5340	+0.153%	$2.0M	$34.7M	2.9x	as long as short
Hyperliquid XRP	+0.0372%	1h	1.5327	+0.069%	$289.2M	$214.9M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5330	+0.088%	$68K	$110K	15x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5318	+0.013%	$542K	$773K	10x	as long as short
Aftermath Perps XRPUSD	+0.0836%	1h	1.5349	+0.215%	$2K	$13K	10x	as long as short