Funding you earn now, next payment 00:00 UTC+0.0661%/8h= +72.4% APRpaid last 24h +0.104%
Price spread now: RISEx against OKX+0.133%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$210.214% of the position
Funding, last 3 days (all we have)+0.306%+$31 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.133%, 7d avg +0.057%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and RISEx is 0.076% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XRP-USDT-SWAP | 1.5363 | 0.0100 | pay 0.0100% / 8h | 19m 00s | $125.4M | $879.7M | 100x |
| Short | RISEx XRP/USDC | 1.5384 | 0.0761 | get 0.0095% / 1h | 19m 00s | $500K | $638K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against OKX. 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
- $138.82
- Price spread: +0.133% → +0.057%
- $7.63
- Slippage, 4 orders
- −$5.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $125.03
- Costs to cover
- 0.214%
- Break-even
- 0.7 days
Slippage from OKX: live order book, 5 min ago; RISEx: live order book, 60 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 OKX live order book, 5 min ago | 0.33 bp | 7.3 bp −$7 | 9.1 bp −$91 | 15.4 bp −$1,536 | 30.0 bp −$15.0K |
| Sell RISEx live order book, 60 min ago | 1.00 bp | 4.0 bp −$4 | 9.0 bp −$90 | 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 | 1.5357 | −0.039% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5357 | −0.040% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5370 | +0.046% | $68K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5361 | −0.013% | $266K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0005% / S +0.0096% | 1h | 1.5360 | −0.018% | $844K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0010% | 1h | 1.5366 | +0.020% | $9.4M | $25.6M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5364 | +0.004% | $15.0M | $69.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0059% | 8h | 1.5366 | +0.020% | $75K | $910K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +1.282% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5362 | −0.008% | $2.9M | $13.0M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5364 | +0.007% | $440K | $3.2M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5372 | +0.062% | $1.1M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5362 | −0.005% | $39.1M | $81.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5359 | −0.024% | $632K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5361 | −0.012% | $546.5M | $2.05B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5360 | −0.020% | $341.9M | $924.5M | 100x | as long as short |
| OKX XRP-USDT-SWAPlong | +0.0100% | 8h | 1.5363 | long leg | $125.4M | $879.7M | 100x | |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5356 | −0.046% | $572K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5376 | +0.085% | $117K | $758K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5373 | +0.062% | $1.7M | $571K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5361 | −0.013% | $361.3M | $148.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5362 | −0.007% | $298.1M | $888.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5361 | −0.016% | $110.0M | $165.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5361 | −0.013% | $267.6M | $375.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5359 | −0.026% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5364 | +0.009% | $11.5M | $30.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5360 | −0.017% | $667K | $105.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5364 | +0.007% | $1.1M | $40.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5364 | +0.007% | $1.0M | $900K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5374 | +0.072% | $47K | $455K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5366 | +0.020% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5366 | +0.021% | $827K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5370 | +0.046% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5365 | +0.013% | $31K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5357 | −0.041% | $50.4M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5369 | +0.039% | $54.7M | $29.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5358 | −0.034% | $479K | $54K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5369 | +0.039% | — | $10K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5372 | +0.059% | $11K | $270K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5358 | −0.035% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5363 | −0.001% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5377 | +0.091% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5369 | +0.042% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5364 | +0.007% | $24.3M | $74.8M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5372 | +0.059% | $5.8M | $47.1M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0259% | 1h | 1.5370 | +0.046% | $1.7M | $1.0M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0280% | 1h | 1.5367 | +0.025% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0309% | 8h | 1.5366 | +0.020% | $2.0M | $34.5M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0586% | 1h | 1.5376 | +0.085% | $293.6M | $213.6M | 20x | as long as short |
| RISEx XRP/USDCshort | +0.0761% | 1h | 1.5384 | +0.133% | $500K | $638K | 10x | |
| Aftermath Perps XRPUSD | +0.0785% | 1h | 1.5379 | +0.102% | $1K | $11K | 10x | as long as short |
OKX XRP-USDT-SWAP
RISEx XRP/USDC
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
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
01 Exchange XRPUSD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hyperliquid XRP
Aftermath Perps XRPUSD