Funding you earn now, next payment 06:00 UTC+0.0205%/8h= +22.5% APRpaid last 24h +0.128%
Price spread now: RISEx against Orderly+0.139%7-day average +0.057% · 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)+0.346%+$35 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.139%, 7d avg +0.057%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and RISEx is 0.082% dearer against Orderly 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 | Orderly PERP_XRP_USDC | 1.4966 | 0.0100 | pay 0.0100% / 8h | 2h 27m | $61K | $934K | 50x |
| Short | RISEx XRP/USDC | 1.4987 | 0.0305 | get 0.0038% / 1h | 27m 58s | $511K | $780K | 10x |
Orderly PERP_XRP_USDC
RISEx XRP/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $43.08
- Price spread: +0.139% → +0.057%
- $8.18
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $39.26
- Costs to cover
- 0.120%
- Break-even
- 0.6 days
Slippage unknown: Orderly: no order-book sample; RISEx: live order book, 21 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 RISEx live order book, 21 min ago | 1.82 bp | 4.8 bp −$5 | 8.7 bp −$87 | 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 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 | 1.5009 | +0.287% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.4968 | +0.015% | $14.1M | $75.3M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.4978 | +0.079% | $1.1M | $130K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5030 | +0.428% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.4969 | +0.020% | $7.6M | $25.7M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.4962 | −0.027% | $244K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.969% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0070% / S −0.0013% | 1h | 1.4961 | −0.035% | $784K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.4981 | +0.100% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.4973 | +0.049% | $2.8M | $15.0M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
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 | 1.4975 | +0.060% | $542K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.4976 | +0.067% | $11K | $363K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.4970 | +0.023% | $941K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.4988 | +0.147% | $286.0M | $260.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.4967 | +0.007% | $38.2M | $87.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.4981 | +0.100% | $599K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.4967 | +0.005% | $523.8M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.4963 | −0.020% | $339.1M | $965.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.4966 | 0.000% | $123.6M | $889.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5006 | +0.267% | $559K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.4988 | +0.147% | $143K | $727K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5027 | +0.407% | $1.6M | $4K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.4974 | +0.053% | $367.5M | $158.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.4965 | −0.007% | $280.9M | $916.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.4964 | −0.017% | $104.5M | $180.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.4964 | −0.013% | $262.9M | $398.9M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.4961 | −0.033% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5004 | +0.255% | $4.7M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5013 | +0.315% | $652K | $112.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5011 | +0.302% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5014 | +0.321% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.4984 | +0.123% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.4972 | +0.040% | $51K | $493K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.4968 | +0.010% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDClong | +0.0100% | 8h | 1.4966 | long leg | $61K | $934K | 50x | |
| Derive XRP-PERP | +0.0100% | 1h | 1.4965 | −0.010% | $805K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.4974 | +0.056% | $125K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.4969 | +0.020% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.4971 | +0.033% | $48.9M | $15.8M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.4975 | +0.060% | $53.4M | $32.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.4979 | +0.089% | $467K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.4961 | −0.031% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.4967 | +0.007% | $57K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0137% | 8h | 1.4990 | +0.160% | $1.6M | $35.9M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0159% | 1h | 1.4983 | +0.114% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.4974 | +0.053% | $5.5M | $48.1M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0216% | 1h | 1.5014 | +0.320% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.4965 | −0.009% | $1.3M | $6K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5011 | +0.301% | $23.3M | $76.0M | 125x | as long as short |
| RISEx XRP/USDCshort | +0.0305% | 1h | 1.4987 | +0.139% | $511K | $780K | 10x | |
| Aftermath Perps XRPUSD | +0.0616% | 1h | 1.5023 | +0.379% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
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
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
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
Aftermath Perps XRPUSD