Funding you earn now, next payment 08:00 UTC−0.0294%/8h= −32.2% APRnext payment −$0.37 per $10,000 · paid last 24h −0.116%
Price spread now: Nado against RISEx−0.075%7-day average −0.022% · 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−$25as in the Price arb table
costs, in and out, $10k−$190.195% of the position
Funding, last 4 days (all we have)−0.318%−$32 on $10k
+Price spread, last 4 days (all we have)+0.438%+$44 · spread now −0.075%, 7d avg −0.022%
=Together, before fees+0.120%+ Points / potential airdropNado: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Nado is 0.053% cheaper against RISEx than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XRP/USDC | 1.5191 | 0.0394 | pay 0.0049% / 1h | 8m 10s | $521K | $798K | 10x |
| Short | Nado XRP-PERP | 1.5179 | 0.0100 | get 0.0012% / 1h | 8m 10s | $999K | $6.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$61.81
- Price spread: −0.075% → −0.022%
- −$5.29
- Slippage, 4 orders
- −$6.46
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$86.56
- Costs to cover
- 0.195%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 30 min ago; Nado: 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, 30 min ago | 2.90 bp | 5.9 bp −$6 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell Nado live order book, 1 min ago | 0.33 bp | 3.8 bp −$4 | 8.1 bp −$81 | doesn't fit | 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 | 1.5189 | −0.011% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5185 | −0.036% | $1.1M | $148K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5183 | −0.050% | $7.7M | $24.0M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5185 | −0.036% | $247K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.432% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5176 | −0.097% | $14.5M | $73.6M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0088% | 1h | 1.5190 | −0.002% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5177 | −0.090% | $2.8M | $15.2M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5180 | −0.070% | $605K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5180 | −0.070% | $20K | $382K | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERPshort | +0.0100% | 1h | 1.5179 | −0.075% | $999K | $6.3M | 20x | |
| Aster XRPUSDT | +0.0100% | 8h | 1.5179 | −0.079% | $38.5M | $86.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5191 | +0.005% | $611K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5178 | −0.084% | $529.5M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5175 | −0.103% | $349.7M | $948.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5177 | −0.090% | $127.3M | $863.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5172 | −0.123% | $564K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5193 | +0.016% | $144K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5189 | −0.011% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5184 | −0.044% | $378.2M | $162.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5179 | −0.076% | $309.7M | $929.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5176 | −0.096% | $106.7M | $183.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5177 | −0.090% | $268.8M | $388.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5179 | −0.076% | — | $107.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5163 | −0.184% | $4.8M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5164 | −0.177% | $660K | $113.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5172 | −0.123% | $1.1M | $34.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5168 | −0.149% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5188 | −0.016% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5186 | −0.030% | $52K | $514K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5186 | −0.033% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5186 | −0.030% | $77K | $689K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5185 | −0.040% | $817K | $77K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5190 | −0.002% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5179 | −0.076% | $29K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5189 | −0.012% | $49.6M | $15.3M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5178 | −0.083% | $54.1M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5196 | +0.033% | $474K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5176 | −0.096% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5190 | −0.004% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5182 | −0.055% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0109% / S −0.0071% | 1h | 1.5185 | −0.038% | $784K | — | 200x | as long as short |
| Hyperliquid XRP | +0.0143% | 1h | 1.5194 | +0.022% | $290.0M | $268.1M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0165% | 8h | 1.5189 | −0.011% | $1.8M | $33.7M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5185 | −0.037% | $5.6M | $48.0M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0180% | 1h | 1.5188 | −0.017% | $2.0M | $1.4M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5184 | −0.044% | $23.6M | $77.7M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5180 | −0.071% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDClong | +0.0394% | 1h | 1.5191 | long leg | $521K | $798K | 10x | |
| Phoenix XRP | +0.0526% | 1h | 1.5170 | −0.136% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0580% | 1h | 1.5179 | −0.074% | $2K | $16K | 10x | as long as short |
RISEx XRP/USDC
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_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-USDT
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
01 Exchange XRPUSD
GMX XRP/USD [ETH-USDC]
Hyperliquid XRP
Kalshi KXXRPPERP
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Phoenix XRP
Aftermath Perps XRPUSD