XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h 0.000%

Price spread now: 01 Exchange against Phoenix+0.191%52s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and 01 Exchange is 0.191% dearer against Phoenix than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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	Phoenix XRP	1.5200	0	get 0.0000% / 1h	52m 17s	$68K	$110K	15x
Short	01 Exchange XRPUSD	1.5229	0.0128	get 0.0016% / 1h	52m 17s	$9K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee 01 ExchangebpOrdersPrice spread, now +0.191%Rate

Funding earned: $26.88
Price spread: +0.191% → 0.000%: $19.08
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $31.96
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Phoenix: live order book, 26 min ago; 01 Exchange: no order-book sample. 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 Phoenix live order book, 26 min ago	6.58 bp	35.9 bp −$36	95.0 bp −$950	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Kraken Futures PF_XRPUSD	−0.0171%	1h	1.5208	+0.050%	$14.8M	$76.0M	50x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5206	+0.039%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5217	+0.113%	$1.1M	$148K	10x	as long as short
Phoenix XRPlong	0.0000%	1h	1.5200	long leg	$68K	$110K	15x
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5209	+0.059%	$7.7M	$23.9M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5204	+0.024%	$247K	—	150x	as long as short
Phemex XRPUSDT	+0.0010%	8h	1.5207	+0.046%	$54.3M	$32.6M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.368%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0064%	1h	1.5220	+0.134%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5207	+0.048%	$2.8M	$14.5M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5210	+0.066%	$607K	$3.1M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5217	+0.112%	$20K	$382K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5221	+0.141%	$999K	$6.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5209	+0.060%	$38.6M	$85.8M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5215	+0.099%	$612K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5213	+0.083%	$530.7M	$2.21B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5210	+0.066%	$353.0M	$949.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5209	+0.059%	$126.9M	$861.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5203	+0.020%	$565K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5225	+0.164%	$144K	$715K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5190	−0.069%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5218	+0.118%	$379.5M	$151.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5221	+0.138%	$313.1M	$911.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5221	+0.138%	$106.6M	$183.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5206	+0.039%	$269.7M	$387.1M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5212	+0.079%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5181	−0.125%	$4.8M	$38.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5166	−0.221%	$660K	$112.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5217	+0.111%	$1.1M	$33.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5166	−0.224%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5225	+0.163%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5223	+0.151%	$52K	$514K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5217	+0.112%	$41K	$68K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5213	+0.086%	$78K	$689K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5206	+0.042%	$818K	$77K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5225	+0.167%	$128K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5205	+0.033%	$28K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5213	+0.084%	$49.7M	$15.2M	75x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5217	+0.112%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5202	+0.011%	$2.1M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5209	+0.057%	$58K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0113% / S −0.0076%	1h	1.5220	+0.129%	$789K	—	200x	as long as short
01 Exchange XRPUSDshort	+0.0128%	1h	1.5229	+0.191%	$9K	$2K	10x
Coinbase International XRP-PERP-INTX	+0.0160%	1h	1.5213	+0.086%	$5.6M	$48.0M	50x	as long as short
Kalshi KXXRPPERP	+0.0168%	8h	1.5220	+0.132%	$1.7M	$33.5M	2.9x	as long as short
Hyperliquid XRP	+0.0214%	1h	1.5233	+0.217%	$290.9M	$267.7M	20x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5218	+0.118%	$23.9M	$77.9M	125x	as long as short
Reya XRPRUSDPERP	+0.0221%	1h	1.5217	+0.113%	$1.3M	$4K	15x	as long as short
Backpack XRP_USDC_PERP	+0.0278%	1h	1.5233	+0.217%	$2.0M	$1.4M	25x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5227	+0.179%	$522K	$796K	10x	as long as short
Aftermath Perps XRPUSD	+0.0541%	1h	1.5198	−0.013%	$2K	$16K	10x	as long as short