Funding you earn now, next payment 04:00 UTC−0.0252%/8h= −27.6% APRnext payment −$0.32 per $10,000 · paid last 24h −0.120%
Price spread now: Bulk against RISEx−0.035%7-day average −0.020% · 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−$18as in the Price arb table
costs, in and out, $10k−$160.165% of the position
Funding, last 4 days (all we have)−0.324%−$32 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.035%, 7d avg −0.020%
=The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XRP/USDC | 1.5151 | 0.0352 | pay 0.0044% / 1h | 41m 03s | $516K | $780K | 10x |
| Short | Bulk XRP-USD | 1.5146 | 0.0100 | get 0.0013% / 1h | 41m 03s | $1.6M | $49K | 20x |
RISEx XRP/USDC
Bulk XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against RISEx. 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
- −$52.93
- Price spread: −0.035% → −0.020%
- −$1.57
- Slippage, 4 orders
- −$3.5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$71
- Costs to cover
- 0.165%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 18 min ago; Bulk: live order book, 3 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 RISEx live order book, 18 min ago | 1.42 bp | 4.4 bp −$4 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 3 min ago | 0.33 bp | 3.8 bp −$4 | 4.9 bp −$49 | 8.0 bp −$795 | 21.2 bp −$10.6K |
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 | 1.5148 | −0.020% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5158 | +0.045% | $14.3M | $73.8M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5141 | −0.064% | $1.1M | $114K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5150 | −0.007% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5152 | +0.006% | $253K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5160 | +0.059% | $7.7M | $25.6M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.699% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0039% / S +0.0030% | 1h | 1.5149 | −0.015% | $788K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5153 | +0.013% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0080% | 8h | 1.5155 | +0.026% | $62K | $935K | 50x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Orderly PERP_XRP_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5161 | +0.064% | $2.8M | $14.6M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5161 | +0.065% | $510K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0097% | 8h | 1.5138 | −0.086% | $10K | $321K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5146 | −0.030% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5178 | +0.178% | $281.8M | $225.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5161 | +0.063% | $38.3M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5149 | −0.014% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5177 | +0.171% | $534.4M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5179 | +0.184% | $345.4M | $931.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5182 | +0.204% | $126.1M | $876.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5133 | −0.119% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5109 | −0.278% | $113K | $717K | 20x | as long as short |
| Bulk XRP-USDshort | +0.0100% | 1h | 1.5146 | −0.035% | $1.6M | $49K | 20x | |
| Gate XRP_USDT | +0.0100% | 8h | 1.5168 | +0.112% | $370.1M | $153.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5162 | +0.072% | $290.1M | $896.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5160 | +0.058% | $108.0M | $173.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5178 | +0.178% | $268.3M | $383.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5166 | +0.098% | — | $126.6M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5148 | −0.022% | $5.4M | $37.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5151 | +0.001% | $658K | $108.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5138 | −0.086% | $1.1M | $35.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5142 | −0.060% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5148 | −0.020% | $43K | $451K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5150 | −0.010% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5155 | +0.027% | $815K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5162 | +0.069% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5158 | +0.046% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5145 | −0.041% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5157 | +0.039% | $54.1M | $30.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5148 | −0.019% | $472K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5146 | −0.032% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5175 | +0.155% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5154 | +0.020% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0160% | 1h | 1.5150 | −0.008% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0164% | 1h | 1.5170 | +0.125% | $1.9M | $1.3M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5160 | +0.059% | $5.6M | $47.1M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5142 | −0.060% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5159 | +0.052% | $24.2M | $76.1M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0317% | 8h | 1.5150 | −0.007% | $2.1M | $34.4M | 2.9x | as long as short |
| RISEx XRP/USDClong | +0.0352% | 1h | 1.5151 | long leg | $516K | $780K | 10x | |
| Aftermath Perps XRPUSD | +0.0663% | 1h | 1.5148 | −0.023% | $2K | $15K | 10x | as long as short |
Lighter XRP
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
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
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
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
Aftermath Perps XRPUSD