XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0484%/8h= −53.0% APRnext payment −$0.60 per $10,000 · paid last 24h −0.147%

Price spread now: dYdX against RISEx−0.089%7-day average −0.051% · 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−$56as in the Price arb table

costs, in and out, $10k−$520.524% of the position

Long on RISEx Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.418%−$42 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.089%, 7d avg −0.051%

Together, before fees−0.399%−$40 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and dYdX is 0.039% cheaper against RISEx than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.051%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XRP/USDC	1.5109	0.0484	pay 0.0060% / 1h	53m 00s	$526K	$787K	10x
Short	dYdX XRP-USD	1.5096	0	get 0.0000% / 1h	53m 00s	$1.1M	$110K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.089%Rate

Funding earned: −$101.58
Price spread: −0.089% → −0.051%: −$3.88
Slippage, 4 orders: −$36.36
Fee RISEx: 3 bp × 2 orders: −$6
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$157.82
Costs to cover: 0.524%
Break-even: never at this rate

Slippage from RISEx: live order book, 11 min ago; dYdX: live order book, 1 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, 11 min ago	0.73 bp	3.7 bp −$4	8.7 bp −$87	doesn't fit	doesn't fit
Sell dYdX live order book, 1 min ago	16.90 bp	21.9 bp −$22	21.9 bp −$219	33.7 bp −$3,375	87.1 bp −$43.6K

XRP on 50 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	1.5089	−0.136%	$5K	$3K	20x	as long as short
dYdX XRP-USDshort	0.0000%	1h	1.5096	−0.089%	$1.1M	$110K	10x
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5117	+0.052%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0026% / S +0.0050%	1h	1.5116	+0.045%	$798K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.982%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5123	+0.089%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5106	−0.023%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5123	+0.089%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5124	+0.096%	$508K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5096	−0.089%	$9K	$305K	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5098	−0.073%	$985K	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5135	+0.169%	$279.6M	$219.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5123	+0.093%	$38.3M	$83.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5100	−0.063%	$606K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5124	+0.099%	$536.3M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5122	+0.083%	$341.8M	$924.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5126	+0.109%	$124.8M	$862.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5072	−0.248%	$561K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5108	−0.010%	$114K	$694K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5087	−0.152%	$1.6M	$161K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5126	+0.109%	$369.0M	$150.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5122	+0.083%	$293.3M	$891.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5122	+0.080%	$106.5M	$170.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5123	+0.089%	$266.5M	$379.1M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5113	+0.023%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5143	+0.222%	$6.1M	$35.9M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5094	−0.099%	$655K	$108.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5115	+0.036%	$1.1M	$35.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5094	−0.102%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5103	−0.043%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5105	−0.030%	$41K	$447K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5119	+0.064%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5126	+0.106%	$814K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5110	+0.003%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5122	+0.083%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5108	−0.009%	$49.5M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5123	+0.089%	$53.8M	$29.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5105	−0.033%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5119	+0.061%	$2.0M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5121	+0.077%	$58K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0213%	1h	1.5125	+0.103%	$7.7M	$25.1M	50x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5104	−0.036%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5128	+0.123%	$5.6M	$46.3M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0229%	1h	1.5133	+0.156%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0274%	1h	1.5120	+0.069%	$14.5M	$72.8M	50x	as long as short
Hibachi XRP/USDT-P	+0.0320%	1h	1.5091	−0.119%	$17K	$81K	7x	as long as short
Kalshi KXXRPPERP	+0.0356%	8h	1.5110	+0.003%	$2.1M	$34.9M	2.9x	as long as short
RISEx XRP/USDClong	+0.0484%	1h	1.5109	long leg	$526K	$787K	10x
Phoenix XRP	+0.0528%	1h	1.5100	−0.063%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0742%	1h	1.5113	+0.025%	$2K	$14K	10x	as long as short