Funding you earn now, next payment 09:00 UTC−0.0237%/8h= −25.9% APRpaid last 24h −0.115%
Price spread now: Katana Perps against RISEx−0.044%7-day average −0.068% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.360%−$36 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now −0.044%, 7d avg −0.068%
=The price spread pays, funding is against you. Katana Perps is 0.024% dearer against RISEx than usual: you sell high and buy low (spread −0.044% now, against its 7-day average of −0.068%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XRP/USDC | 1.5213 | 0.0337 | pay 0.0042% / 1h | 42m 52s | $522K | $797K | 10x |
| Short | Katana Perps XRP-USD | 1.5206 | 0.0100 | get 0.0100% / 8h | 7h 42m | $20K | $383K | 20x |
RISEx XRP/USDC
Katana Perps XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps 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
- −$49.71
- Price spread: −0.044% → −0.068%
- $2.44
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$57.07
- Costs to cover
- 0.098%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 56 min ago; Katana Perps: 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, 56 min ago | 2.90 bp | 5.9 bp −$6 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Katana Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XRPUSD | −0.0171% | 1h | 1.5204 | −0.057% | $14.7M | $75.5M | 50x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5222 | +0.061% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5215 | +0.017% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5230 | +0.114% | $68K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5206 | −0.044% | $7.7M | $23.9M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5205 | −0.054% | $247K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.283% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0072% | 1h | 1.5207 | −0.037% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5203 | −0.062% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5207 | −0.037% | $620K | $3.1M | 20x | as long as short |
Kraken Futures PF_XRPUSD
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USDshort | +0.0100% | 8h | 1.5206 | −0.044% | $20K | $383K | 20x | |
| Nado XRP-PERP | +0.0100% | 1h | 1.5209 | −0.021% | $994K | $6.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5209 | −0.024% | $38.5M | $84.9M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5213 | +0.002% | $612K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5207 | −0.038% | $530.4M | $2.18B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5204 | −0.057% | $354.7M | $946.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5205 | −0.050% | $126.8M | $856.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5228 | +0.101% | $566K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5218 | +0.035% | $144K | $709K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5227 | +0.098% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5207 | −0.037% | $375.0M | $152.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5209 | −0.024% | $312.6M | $913.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5206 | −0.042% | $106.6M | $183.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5205 | −0.050% | $269.5M | $383.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5208 | −0.031% | — | $108.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5218 | +0.035% | $4.8M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5218 | +0.032% | $661K | $113.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5223 | +0.066% | $1.1M | $33.6M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5223 | +0.068% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5214 | +0.008% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5210 | −0.017% | $52K | $513K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5202 | −0.070% | $41K | $68K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5204 | −0.057% | $78K | $648K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5210 | −0.017% | $818K | $75K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5211 | −0.010% | $127K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5202 | −0.070% | $28K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5206 | −0.046% | $49.6M | $15.2M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5205 | −0.050% | $54.4M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5216 | +0.020% | $474K | $54K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5204 | −0.055% | $2.1M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5202 | −0.069% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0116% / S −0.0080% | 1h | 1.5205 | −0.050% | $788K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0136% | 1h | 1.5210 | −0.017% | $9K | $2K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5207 | −0.037% | $5.6M | $47.8M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0174% | 8h | 1.5221 | +0.055% | $1.7M | $33.4M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0182% | 1h | 1.5220 | +0.048% | $290.7M | $267.9M | 20x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5200 | −0.083% | $23.6M | $77.7M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5199 | −0.088% | $1.3M | $4K | 15x | as long as short |
| Backpack XRP_USDC_PERP | +0.0244% | 1h | 1.5217 | +0.029% | $2.0M | $1.4M | 25x | as long as short |
| RISEx XRP/USDClong | +0.0337% | 1h | 1.5213 | long leg | $522K | $797K | 10x | |
| Aftermath Perps XRPUSD | +0.0545% | 1h | 1.5218 | +0.037% | $3K | $16K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk 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
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
BloFin XRP-USDT
Reya XRPRUSDPERP
Backpack XRP_USDC_PERP
Aftermath Perps XRPUSD