Funding you earn now, next payment 03:00 UTC−0.0384%/8h= −42.0% APRnext payment −$0.48 per $10,000 · paid last 24h −0.033%
Price spread now: Hyperliquid against RISEx+0.018%7-day average +0.019% · 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−$17as in the Price arb table
costs, in and out, $10k−$170.171% of the position
Funding, last 4 days (all we have)−0.212%−$21 on $10k
+Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.018%, 7d avg +0.019%
=Together, before fees−0.413%+ Points / potential airdropHyperliquid: Season 2 · farm board−$41 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$12 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 | 1.5220 | 0.0484 | pay 0.0060% / 1h | 13m 31s | $518K | $778K | 10x |
| Short | Hyperliquid XRP | 1.5223 | 0.0100 | get 0.0013% / 1h | 13m 31s | $283.1M | $222.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- −$80.58
- Price spread: +0.018% → +0.019%
- −$0.16
- Slippage, 4 orders
- −$2.11
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$97.85
- Costs to cover
- 0.171%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 50 min ago; Hyperliquid: live order book, 10 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, 50 min ago | 0.73 bp | 3.7 bp −$4 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.33 bp | 4.8 bp −$5 | 6.3 bp −$63 | 12.2 bp −$1,220 | 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 | 1.5215 | −0.033% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5212 | −0.050% | $1.1M | $110K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5210 | −0.064% | $254K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0013% | 1h | 1.5218 | −0.014% | $7.7M | $25.5M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0033% / S +0.0039% | 1h | 1.5209 | −0.071% | $797K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.233% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5216 | −0.027% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0076% | 8h | 1.5215 | −0.033% | $62K | $935K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5215 | −0.034% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5216 | −0.027% | $514K | $3.3M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5207 | −0.086% | $10K | $310K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5209 | −0.071% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRPshort | +0.0100% | 1h | 1.5223 | +0.018% | $283.1M | $222.8M | 20x | |
| Aster XRPUSDT | +0.0100% | 8h | 1.5217 | −0.018% | $38.5M | $83.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5221 | +0.005% | $611K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5215 | −0.033% | $537.4M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5217 | −0.020% | $347.2M | $929.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5218 | −0.014% | $126.3M | $873.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5241 | +0.137% | $567K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5219 | −0.007% | $115K | $712K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5223 | +0.019% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5218 | −0.014% | $369.2M | $153.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5218 | −0.014% | $298.0M | $902.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5219 | −0.005% | $109.2M | $171.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5216 | −0.027% | $269.9M | $380.5M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5216 | −0.027% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5260 | +0.259% | $6.0M | $36.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5237 | +0.110% | $662K | $108.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5251 | +0.203% | $1.1M | $35.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5246 | +0.170% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5217 | −0.020% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5211 | −0.060% | $42K | $450K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5211 | −0.060% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5217 | −0.023% | $819K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5220 | −0.001% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5214 | −0.040% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5213 | −0.045% | $49.8M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5213 | −0.047% | $54.1M | $30.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5217 | −0.018% | $474K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5213 | −0.049% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5215 | −0.036% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0192% | 1h | 1.5226 | +0.039% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0208% | 1h | 1.5224 | +0.026% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5209 | −0.073% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5218 | −0.014% | $5.6M | $46.7M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5230 | +0.065% | $24.3M | $75.4M | 125x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0272% | 1h | 1.5214 | −0.038% | $14.4M | $73.2M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0348% | 8h | 1.5220 | −0.001% | $2.1M | $34.7M | 2.9x | as long as short |
| RISEx XRP/USDClong | +0.0484% | 1h | 1.5220 | long leg | $518K | $778K | 10x | |
| Phoenix XRP | +0.0528% | 1h | 1.5260 | +0.262% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0660% | 1h | 1.5227 | +0.045% | $2K | $14K | 10x | as long as short |
RISEx XRP/USDC
Hyperliquid XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
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
Extended XRP-USD
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kraken Futures PF_XRPUSD
Kalshi KXXRPPERP
Phoenix XRP
Aftermath Perps XRPUSD