XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0205%/8h= −22.5% APRnext payment −$0.26 per $10,000 · paid last 24h −0.119%

Price spread now: Derive against RISEx−0.007%7-day average −0.047% · you buy dearer than you sell

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

Long on RISEx Short on Derive

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.327%−$33 on $10k

Price spread, last 4 days (all we have)−0.261%−$26 · spread now −0.007%, 7d avg −0.047%

Together, before fees−0.588%−$59 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Derive is 0.040% dearer against RISEx than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.047%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XRP/USDC	1.5129	0.0305	pay 0.0038% / 1h	52m 00s	$516K	$777K	10x
Short	Derive XRP-PERP	1.5127	0.0100	get 0.0013% / 1h	52m 00s	$814K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −0.007%Rate

Funding earned: −$43.08
Price spread: −0.007% → −0.047%: $3.97
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Derive: 3 bp × 2 orders: −$6
Net: −$51.11
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 62 min ago; Derive: 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 RISEx live order book, 62 min ago	1.61 bp	4.6 bp −$5	10.2 bp −$102	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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
Hotstuff XRP-PERP	−0.0080%	1h	1.5117	−0.076%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5132	+0.020%	$14.3M	$75.1M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5118	−0.071%	$1.1M	$115K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5120	−0.056%	$67K	$110K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5133	+0.030%	$7.7M	$25.6M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5125	−0.023%	$258K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.852%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0064%	1h	1.5127	−0.010%	$8K	$8K	10x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0069% / S −0.0013%	1h	1.5124	−0.030%	$793K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5130	+0.007%	$2.8M	$14.8M	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	1.5131	+0.017%	$497K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5118	−0.069%	$10K	$356K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5113	−0.099%	$941K	$6.2M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5135	+0.043%	$291.1M	$257.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5120	−0.059%	$38.7M	$86.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5122	−0.041%	$606K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5120	−0.056%	$531.9M	$2.18B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5122	−0.043%	$342.4M	$950.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5122	−0.043%	$125.3M	$888.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5124	−0.030%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5130	+0.010%	$137K	$717K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5114	−0.096%	$1.6M	$29K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5124	−0.030%	$372.4M	$155.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5122	−0.043%	$295.6M	$904.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5129	+0.002%	$107.9M	$179.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5120	−0.056%	$268.4M	$392.8M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5124	−0.030%	—	$105.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5139	+0.068%	$4.8M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5113	−0.104%	$656K	$111.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5138	+0.060%	$1.1M	$37.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5147	+0.122%	$1.2M	$1.1M	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5124	−0.030%	$50K	$491K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5123	−0.035%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5126	−0.017%	$62K	$934K	50x	as long as short
Derive XRP-PERPshort	+0.0100%	1h	1.5127	−0.007%	$814K	$72K	10x
SunX XRP-USDT	+0.0100%	8h	1.5126	−0.020%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5129	+0.003%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5118	−0.071%	$49.4M	$15.8M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5128	−0.003%	$53.9M	$31.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5125	−0.020%	$472K	$55K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5120	−0.054%	—	$11K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5125	−0.020%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5124	−0.030%	$58K	$25K	3x	as long as short
Kalshi KXXRPPERP	+0.0159%	8h	1.5124	−0.030%	$1.8M	$35.5M	2.9x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5132	+0.023%	$5.7M	$48.3M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0193%	1h	1.5134	+0.036%	$2.0M	$1.4M	25x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5120	−0.055%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5115	−0.089%	$24.2M	$75.8M	125x	as long as short
Hibachi XRP/USDT-P	+0.0248%	1h	1.5112	−0.108%	$17K	$82K	7x	as long as short
RISEx XRP/USDClong	+0.0305%	1h	1.5129	long leg	$516K	$777K	10x
Aftermath Perps XRPUSD	+0.0638%	1h	1.5124	−0.028%	$2K	$15K	10x	as long as short