Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.26 per $10,000 · paid last 24h +0.009%
Price spread now: Paradex against Orderly+0.019%7-day average +0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.016%+$2 on $10k
+Price spread, last 3 days (all we have)+0.075%+$7 · spread now +0.019%, 7d avg +0.019%
=Together, before fees+0.091%+ Points / potential airdropParadex: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XRP_USDC | 1.5110 | 0.0074 | pay 0.0074% / 8h | 5h 59m | $62K | $935K | 50x |
| Short | Paradex XRP-USD-PERP | 1.5113 | 0.0100 | get 0.0100% / 8h | 5h 59m | $471K | $55K | 50x |
Orderly PERP_XRP_USDC
Paradex XRP-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $5.41
- Price spread: +0.019% → +0.019%
- −$0.01
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$4.6
- Costs to cover
- 0.100%
- Break-even
- 12.9 days
Slippage unknown: Orderly: no order-book sample; Paradex: live order book, 4 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 Paradex live order book, 4 min ago | 4.61 bp | 6.6 bp −$7 | 157.9 bp −$1,579 | doesn't fit | 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 50 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 | 1.5113 | +0.020% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5109 | −0.009% | $1.1M | $110K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5140 | +0.199% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5103 | −0.044% | $253K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0024% / S +0.0052% | 1h | 1.5103 | −0.048% | $798K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.978% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0040% | 1h | 1.5104 | −0.037% | $14.5M | $72.7M | 50x | as long as short |
| Orderly PERP_XRP_USDClong | +0.0074% | 8h | 1.5110 | long leg | $62K | $935K | 50x | |
| Deribit XRP_USDC-PERPETUAL | +0.0081% | 1h | 1.5110 | 0.000% | $7.7M | $25.1M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5106 | −0.027% | $2.8M | $14.5M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Deribit XRP_USDC-PERPETUAL
Lighter XRPShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5111 | +0.007% | $508K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5107 | −0.020% | $10K | $299K | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5107 | −0.020% | $38.3M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5113 | +0.020% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5107 | −0.017% | $535.4M | $2.09B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5110 | 0.000% | $340.9M | $924.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5114 | +0.026% | $124.4M | $862.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5106 | −0.026% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5114 | +0.026% | $114K | $694K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5144 | +0.225% | $1.6M | $214K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5102 | −0.053% | $366.8M | $153.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5104 | −0.040% | $290.7M | $920.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5102 | −0.054% | $106.3M | $170.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5108 | −0.013% | $266.6M | $379.7M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5101 | −0.060% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5125 | +0.098% | $6.2M | $35.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5146 | +0.240% | $658K | $109.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5132 | +0.144% | $1.1M | $36.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5159 | +0.324% | $1.2M | $1.0M | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5118 | +0.056% | $966K | $6.0M | 20x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5116 | +0.042% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5110 | 0.000% | $42K | $445K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5108 | −0.011% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5110 | +0.003% | $813K | $75K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5117 | +0.046% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5108 | −0.013% | $30K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5111 | +0.003% | $49.5M | $15.3M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5109 | −0.007% | $53.8M | $29.9M | 50x | as long as short |
| Paradex XRP-USD-PERPshort | +0.0100% | 8h | 1.5113 | +0.019% | $471K | $55K | 50x | |
| Extended XRP-USD | +0.0104% | 1h | 1.5107 | −0.020% | $2.0M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5107 | −0.020% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0128% | 1h | 1.5111 | +0.007% | $8K | $8K | 10x | as long as short |
| Hyperliquid XRP | +0.0151% | 1h | 1.5114 | +0.026% | $279.4M | $220.0M | 20x | as long as short |
| Reya XRPRUSDPERP | +0.0214% | 1h | 1.5103 | −0.046% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5111 | +0.007% | $5.7M | $46.3M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0323% | 1h | 1.5111 | +0.007% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0328% | 1h | 1.5135 | +0.166% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0358% | 8h | 1.5116 | +0.040% | $2.1M | $35.1M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0456% | 1h | 1.5115 | +0.031% | $526K | $787K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0764% | 1h | 1.5132 | +0.145% | $2K | $14K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
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
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Nado XRP-PERP
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Hyperliquid XRP
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD