Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Variational Omni against Orderly−0.193%48s7-day average −0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.193%, 7d avg −0.008%
=Together, before fees−0.002%+ Points / potential airdropVariational Omni: Active · farm board$0 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: Variational Omni is 0.185% cheaper against Orderly than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.008%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XRP_USDC | 1.5075 | 0.0100 | pay 0.0100% / 8h | 2h 19m | $62K | $934K | 50x |
| Short | Variational Omni XRP | 1.5046 | 0.0100 | get 0.0100% / 8h | 2h 19m | $4.7M | $38.4M | — |
Orderly PERP_XRP_USDC
Variational Omni XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $0
- Price spread: −0.193% → −0.008%
- −$18.52
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$24.52
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 5 min ago | 2.03 bp | doesn't fit | 3.6 bp −$36 | 21.6 bp −$2,157 | 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 | 1.5080 | +0.033% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5073 | −0.012% | $14.2M | $74.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5075 | −0.002% | $1.1M | $133K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5080 | +0.033% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5072 | −0.019% | $244K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.217% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0070% / S −0.0013% | 1h | 1.5072 | −0.021% | $794K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0082% | 1h | 1.5078 | +0.020% | $7.7M | $25.5M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5088 | +0.086% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5083 | +0.055% | $2.8M | $15.0M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
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 | 1.5086 | +0.073% | $545K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5076 | +0.007% | $10K | $361K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5085 | +0.070% | $987K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5100 | +0.166% | $288.1M | $262.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5087 | +0.082% | $38.4M | $87.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5085 | +0.063% | $600K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5087 | +0.081% | $524.2M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5087 | +0.080% | $343.4M | $963.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5088 | +0.086% | $125.8M | $883.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5044 | −0.206% | $560K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5093 | +0.119% | $144K | $712K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5026 | −0.322% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5084 | +0.060% | $371.0M | $160.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5085 | +0.066% | $285.8M | $922.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5084 | +0.058% | $105.4M | $180.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5086 | +0.073% | $264.9M | $397.5M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5080 | +0.033% | — | $4.2M | — | as long as short |
| Variational Omni XRPshort | +0.0100% | 8h | 1.5046 | −0.193% | $4.7M | $38.4M | — | |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5054 | −0.138% | $654K | $113.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5028 | −0.312% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5002 | −0.484% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5086 | +0.076% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5091 | +0.106% | $51K | $489K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5074 | −0.009% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDClong | +0.0100% | 8h | 1.5075 | long leg | $62K | $934K | 50x | |
| Derive XRP-PERP | +0.0100% | 1h | 1.5073 | −0.016% | $811K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5079 | +0.029% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5074 | −0.007% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5070 | −0.036% | $49.2M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5074 | −0.007% | $53.8M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5091 | +0.104% | $470K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5080 | +0.034% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5073 | −0.010% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0174% | 8h | 1.5069 | −0.040% | $1.7M | $35.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0184% | 1h | 1.5087 | +0.080% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5079 | +0.027% | $5.7M | $48.4M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0192% | 1h | 1.5071 | −0.029% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5085 | +0.068% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5051 | −0.159% | $23.3M | $76.7M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5091 | +0.104% | $520K | $786K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0596% | 1h | 1.5023 | −0.345% | $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
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
RISEx XRP/USDC
Aftermath Perps XRPUSD