Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Phemex−0.181%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$250.248% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 4 days (all we have)+0.212%+$21 · spread now −0.181%, 7d avg −0.030%
=Together, before fees+0.303%+ Points / potential airdropExtended: Active · farm board+$30 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: Extended is 0.151% cheaper against Phemex than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XRPUSDT | 1.5215 | 0.0100 | pay 0.0100% / 8h | 39m 19s | $54.4M | $32.7M | 50x |
| Short | Extended XRP-USD | 1.5187 | 0.0104 | get 0.0013% / 1h | 39m 19s | $2.1M | $6.9M | 50x |
Phemex XRPUSDT
Extended XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Phemex. 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
- $0.84
- Price spread: −0.181% → −0.030%
- −$15.12
- Slippage, 4 orders
- −$7.76
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$39.04
- Costs to cover
- 0.248%
- Break-even
- 332.4 days
Slippage from Phemex: live order book, 5 min ago; Extended: live order book, 5 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 Phemex live order book, 5 min ago | 1.31 bp | 10.9 bp −$11 | 13.9 bp −$139 | 22.6 bp −$2,265 | doesn't fit |
| Sell Extended live order book, 5 min ago | 0.33 bp | 2.8 bp −$3 | 4.3 bp −$43 | 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 | 1.5216 | +0.007% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5196 | −0.122% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5206 | −0.059% | $246K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0013% | 1h | 1.5215 | 0.000% | $7.8M | $24.1M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.267% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5211 | −0.029% | $14.6M | $73.8M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5214 | −0.010% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5215 | 0.000% | $604K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5190 | −0.164% | $17K | $372K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5216 | +0.010% | $1.0M | $6.3M | 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
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XRPUSDT | +0.0100% | 8h | 1.5217 | +0.016% | $38.6M | $87.0M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5201 | −0.091% | $613K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5211 | −0.025% | $532.8M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5208 | −0.046% | $350.1M | $956.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5212 | −0.020% | $128.5M | $875.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5224 | +0.059% | $567K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5200 | −0.099% | $144K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5190 | −0.164% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5214 | −0.007% | $379.4M | $160.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5217 | +0.013% | $314.0M | $921.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5217 | +0.012% | $106.7M | $184.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5213 | −0.013% | $269.1M | $392.0M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5211 | −0.026% | — | $107.6M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5226 | +0.069% | $5.0M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5231 | +0.105% | $662K | $113.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5233 | +0.121% | $1.1M | $35.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5239 | +0.158% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5218 | +0.020% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5215 | 0.000% | $50K | $510K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5214 | −0.006% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5212 | −0.020% | $78K | $688K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5218 | +0.022% | $819K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5218 | +0.022% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5210 | −0.033% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5215 | −0.001% | $49.7M | $15.4M | 75x | as long as short |
| Phemex XRPUSDTlong | +0.0100% | 8h | 1.5215 | long leg | $54.4M | $32.7M | 50x | |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5198 | −0.111% | $474K | $55K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0101% / S −0.0060% | 1h | 1.5211 | −0.027% | $785K | — | 200x | as long as short |
| Extended XRP-USDshort | +0.0104% | 1h | 1.5187 | −0.181% | $2.1M | $6.9M | 50x | |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5195 | −0.131% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5208 | −0.044% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0112% | 1h | 1.5219 | +0.028% | $17K | $78K | 7x | as long as short |
| Hyperliquid XRP | +0.0144% | 1h | 1.5230 | +0.099% | $290.5M | $267.6M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0169% | 1h | 1.5221 | +0.039% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5214 | −0.007% | $5.7M | $48.3M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0199% | 8h | 1.5214 | −0.007% | $1.8M | $34.6M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5211 | −0.025% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5207 | −0.053% | $23.6M | $77.8M | 125x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5200 | −0.100% | $522K | $807K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5240 | +0.164% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0636% | 1h | 1.5227 | +0.077% | $2K | $16K | 10x | as long as short |
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-USDT
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
Paradex XRP-USD-PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Hyperliquid XRP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD