Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.08 per $10,000 · paid last 24h −0.014%
Price spread now: Bulk against 01 Exchange−0.781%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bulk is 0.781% cheaper against 01 Exchange than usual: you would sell low and buy high (−$78 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange XRPUSD | 1.5684 | 0.0160 | pay 0.0020% / 1h | 53m 29s | $9K | $8K | 10x |
| Short | Bulk XRP-USD | 1.5562 | 0.0100 | get 0.0013% / 1h | 53m 29s | $1.7M | $573K | 20x |
01 Exchange XRPUSD
Bulk XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against 01 Exchange. 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
- −$12.6
- Price spread: −0.781% → 0.000%
- −$78.07
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$104.67
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Bulk: live order book, 1 min ago. 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Bulk live order book, 1 min ago | 0.32 bp | 3.8 bp −$4 | 3.8 bp −$38 | 7.3 bp −$727 | 19.5 bp −$9,767 |
01 Exchange: 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 | 1.5671 | −0.083% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5680 | −0.023% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5600 | −0.536% | $69K | $90K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5664 | −0.128% | $9.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5684 | +0.001% | $262K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0004% / S +0.0109% | 1h | 1.5654 | −0.190% | $862K | — | 200x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0031% | 1h | 1.5660 | −0.154% | $15.7M | $68.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0056% | 8h | 1.5661 | −0.147% | $77K | $909K | 50x | as long as short |
| ApeX Omni XRPUSDT | +0.0081% | 1h | 1.5590 | −0.599% | $1.0M | $886K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | −0.791% | $2K | $107K | 30x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
ApeX Omni XRPUSDT
Injective XRP/USDC PERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5671 | −0.086% | $3.0M | $12.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5672 | −0.077% | $447K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5684 | −0.002% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5685 | +0.006% | $39.8M | $79.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5680 | −0.028% | $646K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5688 | +0.027% | $562.8M | $2.00B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5691 | +0.045% | $349.8M | $910.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5690 | +0.038% | $128.5M | $894.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5593 | −0.580% | $580K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5691 | +0.045% | $119K | $748K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5686 | +0.013% | $375.6M | $142.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5684 | 0.000% | $305.6M | $860.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5688 | +0.024% | $114.5M | $162.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5687 | +0.019% | $274.1M | $368.8M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5687 | +0.019% | — | $120.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5607 | −0.488% | $11.7M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5645 | −0.247% | $679K | $102.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5674 | −0.062% | $1.1M | $41.0M | 20x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5679 | −0.035% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5691 | +0.045% | $46K | $449K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5686 | +0.013% | $42K | $66K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5665 | −0.121% | $843K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5670 | −0.089% | $131K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5658 | −0.166% | $30K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5656 | −0.177% | $51.4M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5659 | −0.159% | $55.8M | $29.2M | 50x | as long as short |
| Bulk XRP-USDshort | +0.0100% | 1h | 1.5562 | −0.781% | $1.7M | $573K | 20x | |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5672 | −0.075% | $489K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5687 | +0.019% | $11K | $261K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5685 | +0.008% | $2.2M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5663 | −0.134% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSDlong | +0.0160% | 1h | 1.5684 | long leg | $9K | $8K | 10x | |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5686 | +0.010% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5649 | −0.223% | $24.5M | $74.7M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5669 | −0.096% | $6.0M | $48.2M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0272% | 1h | 1.5659 | −0.157% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0319% | 8h | 1.5676 | −0.051% | $2.0M | $33.5M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0427% | 1h | 1.5664 | −0.128% | $1.7M | $1.0M | 25x | as long as short |
| Hyperliquid XRP | +0.0612% | 1h | 1.5707 | +0.147% | $297.3M | $206.4M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5701 | +0.111% | $512K | $632K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0765% | 1h | 1.5614 | −0.448% | $1K | $11K | 10x | as long as short |
Lighter XRP
Lighter RH XRP
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
Vest XRP-PERP
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
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD