XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0604%/8h= −66.1% APRnext payment −$0.75 per $10,000 · paid last 24h −0.083%

Price spread now: Coinbase International against RISEx+0.149%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$8as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on RISEx Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.263%−$26 on $10k

Price spread, last 3 days (all we have)−0.253%−$25 · spread now +0.149%, 7d avg −0.021%

Together, before fees−0.516%−$52 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.170% dearer against RISEx than usual: you sell high and buy low (spread +0.149% now, against its 7-day average of −0.021%): +$17 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 3 days (−0.263% in total) that is about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XRP/USDC	1.5299	0.0828	pay 0.0103% / 1h	32m 10s	$505K	$754K	10x
Short	Coinbase International XRP-PERP-INTX	1.5322	0.0224	get 0.0028% / 1h	32m 10s	$5.8M	$46.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against RISEx. 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 RISExbpFee Coinbase InternationalbpOrdersPrice spread, now +0.149%Rate

Funding earned: −$126.8
Price spread: +0.149% → −0.021%: $16.99
Slippage, 4 orders: −$8.8
Fee RISEx: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$134.61
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from RISEx: live order book, 41 min ago; Coinbase International: live order book, 2 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, 41 min ago	1.37 bp	4.4 bp −$4	9.2 bp −$92	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	0.65 bp	8.1 bp −$8	11.3 bp −$113	25.8 bp −$2,582	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	1.5308	+0.057%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5303	+0.027%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5311	+0.077%	$256K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0013% / S +0.0080%	1h	1.5309	+0.063%	$839K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.705%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0062%	8h	1.5319	+0.129%	$58K	$935K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5321	+0.142%	$2.8M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5325	+0.169%	$514K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5293	−0.041%	$10K	$277K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5300	+0.004%	$477K	$54K	50x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5296	−0.018%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5307	+0.052%	$38.7M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5306	+0.044%	$619K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5325	+0.169%	$539.7M	$2.05B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5325	+0.169%	$341.6M	$920.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5325	+0.169%	$124.9M	$869.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5316	+0.110%	$571K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5302	+0.018%	$118K	$711K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5296	−0.022%	$1.6M	$517K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5324	+0.162%	$373.7M	$149.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5324	+0.162%	$308.6M	$902.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5325	+0.167%	$108.7M	$165.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5324	+0.162%	$268.1M	$374.7M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5318	+0.123%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5328	+0.189%	$6.3M	$35.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5313	+0.093%	$665K	$107.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5322	+0.151%	$1.1M	$38.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5333	+0.221%	$1.0M	$892K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5306	+0.044%	$49K	$441K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5311	+0.074%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5321	+0.142%	$825K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5327	+0.183%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5320	+0.136%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5318	+0.125%	$50.3M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5319	+0.129%	$54.5M	$29.5M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5304	+0.029%	—	$9K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5315	+0.106%	$2.1M	$7.1M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5295	−0.027%	$8K	$8K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5320	+0.138%	$59K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0142%	1h	1.5323	+0.156%	$9.3M	$25.1M	50x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5304	+0.031%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5317	+0.116%	$24.0M	$73.7M	125x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0224%	1h	1.5322	+0.149%	$5.8M	$46.2M	50x
Kraken Futures PF_XRPUSD	+0.0244%	1h	1.5318	+0.122%	$14.5M	$70.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0282%	1h	1.5334	+0.227%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0310%	8h	1.5319	+0.129%	$2.1M	$34.9M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0312%	1h	1.5328	+0.185%	$17K	$81K	7x	as long as short
Hyperliquid XRP	+0.0405%	1h	1.5336	+0.241%	$289.6M	$214.5M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5330	+0.201%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0805%	1h	1.5319	+0.130%	$2K	$12K	10x	as long as short
RISEx XRP/USDClong	+0.0828%	1h	1.5299	long leg	$505K	$754K	10x