Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Paradex−0.091%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$330.334% of the position
Funding, last 4 days (all we have)−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.091%, 7d avg −0.013%
=Together, before fees−0.013%+ Points / potential airdropParadex: Active · farm board−$1 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: Phemex is 0.078% cheaper against Paradex than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XRP-USD-PERP | 1.5152 | 0.0100 | pay 0.0100% / 8h | 20m 28s | $472K | $55K | 50x |
| Short | Phemex XRPUSDT | 1.5138 | 0.0100 | get 0.0100% / 8h | 20m 28s | $53.9M | $32.8M | 50x |
Paradex XRP-USD-PERP
Phemex XRPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Paradex. 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: −0.091% → −0.013%
- −$7.84
- Slippage, 4 orders
- −$17.43
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$41.28
- Costs to cover
- 0.334%
- Break-even
- never at this rate
Slippage from Paradex: live order book, 19 min ago; Phemex: live order book, 4 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 Paradex live order book, 19 min ago | 4.93 bp | 6.9 bp −$7 | 145.0 bp −$1,450 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 0.33 bp | 10.4 bp −$10 | 13.3 bp −$133 | 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 | 1.5133 | −0.124% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5143 | −0.060% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5135 | −0.110% | $245K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5140 | −0.078% | $7.8M | $24.1M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.694% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5137 | −0.100% | $14.5M | $73.8M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0088% | 1h | 1.5137 | −0.099% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5144 | −0.048% | $2.8M | $15.2M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5147 | −0.032% | $603K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5144 | −0.052% | $20K | $383K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Hibachi XRP/USDT-P
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5147 | −0.028% | $997K | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5152 | −0.002% | $38.5M | $86.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5146 | −0.040% | $609K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5155 | +0.018% | $528.8M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5152 | +0.001% | $349.1M | $953.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5152 | +0.001% | $127.1M | $865.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5139 | −0.085% | $563K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5155 | +0.021% | $143K | $715K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5164 | +0.080% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5150 | −0.012% | $375.5M | $162.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5151 | −0.005% | $307.2M | $926.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5150 | −0.015% | $106.5M | $183.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5150 | −0.012% | $268.5M | $389.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5146 | −0.038% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5131 | −0.138% | $4.8M | $38.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5115 | −0.241% | $657K | $113.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5115 | −0.243% | $1.1M | $34.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5118 | −0.223% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5152 | −0.001% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5155 | +0.021% | $52K | $515K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5151 | −0.005% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5153 | +0.008% | $77K | $689K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5138 | −0.093% | $814K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5142 | −0.068% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5135 | −0.111% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5142 | −0.063% | $49.4M | $15.4M | 75x | as long as short |
| Phemex XRPUSDTshort | +0.0100% | 8h | 1.5138 | −0.091% | $53.9M | $32.8M | 50x | |
| Paradex XRP-USD-PERPlong | +0.0100% | 8h | 1.5152 | long leg | $472K | $55K | 50x | |
| Extended XRP-USD | +0.0104% | 1h | 1.5141 | −0.070% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5154 | +0.014% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5153 | +0.007% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0105% / S −0.0067% | 1h | 1.5136 | −0.101% | $772K | — | 200x | as long as short |
| Hyperliquid XRP | +0.0138% | 1h | 1.5167 | +0.100% | $289.6M | $267.9M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0154% | 1h | 1.5147 | −0.032% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0172% | 8h | 1.5144 | −0.052% | $1.8M | $34.1M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5140 | −0.078% | $5.6M | $47.9M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5135 | −0.111% | $23.7M | $77.6M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5146 | −0.037% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5155 | +0.019% | $521K | $807K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5150 | −0.012% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0615% | 1h | 1.5145 | −0.043% | $2K | $16K | 10x | as long as short |
Nado XRP-PERP
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
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Hyperliquid XRP
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD