Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.006%
Price spread now: HTX against Orderly+0.016%7-day average −0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 3 days (all we have)−0.064%−$6 · spread now +0.016%, 7d avg −0.037%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.053% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XRP_USDC | 1.5553 | 0.0054 | pay 0.0054% / 8h | 1h 14m | $78K | $947K | 50x |
| Short | HTX XRP-USDT | 1.5555 | 0.0100 | get 0.0100% / 8h | 1h 14m | $51.1M | $15.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Orderly. 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
- $9.61
- Price spread: +0.016% → −0.037%
- $5.27
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$3.12
- Costs to cover
- 0.180%
- Break-even
- 9.3 days
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 5 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 Orderly no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 5 min ago | 0.03 bp | 8.7 bp −$9 | 12.7 bp −$127 | 32.3 bp −$3,233 | doesn't fit |
Orderly: 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 | 1.5559 | +0.039% | $7K | $2K | 20x | as long as short |
| GMX XRP/USD [ETH-USDC] | L −0.0002% / S +0.0116% | 1h | 1.5548 | −0.033% | $851K | — | 200x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5543 | −0.065% | $1.1M | $113K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5550 | −0.019% | $9.5M | $25.2M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5549 | −0.027% | $260K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +0.045% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0041% | 1h | 1.5553 | −0.001% | $15.6M | $68.6M | 50x | as long as short |
| Orderly PERP_XRP_USDClong | +0.0054% | 8h | 1.5553 | long leg | $78K | $947K | 50x | |
| Lighter XRP | +0.0096% | 1h | 1.5546 | −0.043% | $3.0M | $12.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5553 | 0.000% | $440K | $3.2M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5556 | +0.019% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5552 | −0.009% | $39.4M | $78.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5547 | −0.036% | $640K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5545 | −0.051% | $559.3M | $1.98B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5540 | −0.084% | $346.0M | $901.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5538 | −0.096% | $127.5M | $881.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5556 | +0.019% | $579K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5560 | +0.045% | $119K | $745K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5567 | +0.088% | $1.7M | $578K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5552 | −0.006% | $373.9M | $140.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5546 | −0.045% | $300.4M | $861.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5542 | −0.073% | $114.1M | $160.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5547 | −0.039% | $271.7M | $364.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5553 | 0.000% | — | $119.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5575 | +0.139% | $11.8M | $30.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5570 | +0.112% | $676K | $102.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5572 | +0.120% | $1.1M | $41.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5581 | +0.180% | $1.0M | $884K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5556 | +0.018% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5554 | +0.006% | $47K | $446K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5552 | −0.007% | $42K | $66K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5551 | −0.014% | $837K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5556 | +0.019% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5554 | +0.006% | $33K | $1.9M | 10x | as long as short |
| HTX XRP-USDTshort | +0.0100% | 8h | 1.5555 | +0.016% | $51.1M | $15.4M | 75x | |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5553 | 0.000% | $55.4M | $29.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5539 | −0.088% | $484K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5557 | +0.026% | $11K | $261K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5548 | −0.030% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5546 | −0.044% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0176% | 1h | 1.5559 | +0.039% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5552 | −0.009% | $1.4M | $9K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5563 | +0.064% | $5.9M | $47.3M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5550 | −0.019% | $24.4M | $73.6M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0224% | 1h | 1.5577 | +0.157% | $18K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0292% | 1h | 1.5568 | +0.096% | $1.8M | $1.0M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0325% | 8h | 1.5562 | +0.058% | $1.9M | $33.1M | 2.9x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5550 | −0.019% | $69K | $90K | 15x | as long as short |
| RISEx XRP/USDC | +0.0527% | 1h | 1.5564 | +0.072% | $510K | $630K | 10x | as long as short |
| Hyperliquid XRP | +0.0592% | 1h | 1.5566 | +0.084% | $291.0M | $204.4M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0758% | 1h | 1.5560 | +0.044% | $1K | $11K | 10x | as long as short |
HTX XRP-USDT
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
Lighter RH XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
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
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Phoenix XRP
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD