Funding you earn now, next payment 09:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.020%
Price spread now: edgeX against 01 Exchange−0.187%117s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and edgeX is 0.187% cheaper against 01 Exchange than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 117 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange XRPUSD | 1.5221 | 0.0120 | pay 0.0015% / 1h | 53m 40s | $9K | $2K | 10x |
| Short | edgeX XRPUSDC | 1.5193 | 0.0100 | get 0.0050% / 4h | 3h 53m | $660K | $112.7M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$4.2
- Price spread: −0.187% → 0.000%
- −$18.7
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$38.9
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; edgeX: live order book, 5 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 edgeX live order book, 5 min ago | 0.99 bp | 5.5 bp −$5 | 5.5 bp −$55 | 8.7 bp −$871 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XRPUSD | −0.0171% | 1h | 1.5203 | −0.121% | $14.5M | $75.2M | 50x | as long as short |
| Phemex XRPUSDT | −0.0127% | 8h | 1.5206 | −0.099% | $54.2M | $32.5M | 50x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5206 | −0.099% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5208 | −0.086% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5204 | −0.114% | $247K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.227% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0072% | 1h | 1.5171 | −0.326% | $17K | $78K | 7x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0079% | 1h | 1.5202 | −0.125% | $7.7M | $23.9M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5210 | −0.073% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5213 | −0.053% | $607K | $3.1M | 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 | 1.5217 | −0.026% | $20K | $382K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5205 | −0.106% | $998K | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5213 | −0.055% | $38.6M | $86.0M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5213 | −0.054% | $612K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5212 | −0.058% | $530.7M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5213 | −0.053% | $353.1M | $949.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5214 | −0.046% | $126.8M | $862.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5203 | −0.118% | $565K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5224 | +0.020% | $144K | $715K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5190 | −0.207% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5211 | −0.066% | $379.3M | $151.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5216 | −0.033% | $313.0M | $911.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5216 | −0.032% | $106.6M | $183.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5218 | −0.020% | $269.8M | $387.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5219 | −0.013% | — | $108.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5181 | −0.263% | $4.8M | $38.8M | — | as long as short |
| edgeX XRPUSDCshort | +0.0100% | 4h | 1.5193 | −0.187% | $660K | $112.7M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5189 | −0.212% | $1.1M | $33.6M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5173 | −0.315% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5207 | −0.090% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5210 | −0.072% | $52K | $514K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5201 | −0.131% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5199 | −0.145% | $77K | $689K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5206 | −0.096% | $818K | $77K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5213 | −0.051% | $128K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5198 | −0.151% | $28K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5208 | −0.084% | $49.7M | $15.3M | 75x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5220 | −0.004% | $475K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5209 | −0.077% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5197 | −0.154% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0113% / S −0.0076% | 1h | 1.5196 | −0.164% | $788K | — | 200x | as long as short |
| 01 Exchange XRPUSDlong | +0.0120% | 1h | 1.5221 | long leg | $9K | $2K | 10x | |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5208 | −0.085% | $5.6M | $48.1M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0165% | 8h | 1.5209 | −0.079% | $1.7M | $33.6M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0204% | 1h | 1.5220 | −0.007% | $290.6M | $267.6M | 20x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5190 | −0.204% | $23.9M | $77.8M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5202 | −0.126% | $1.3M | $4K | 15x | as long as short |
| Backpack XRP_USDC_PERP | +0.0272% | 1h | 1.5215 | −0.039% | $2.0M | $1.4M | 25x | as long as short |
| RISEx XRP/USDC | +0.0337% | 1h | 1.5222 | +0.005% | $522K | $796K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5180 | −0.269% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0553% | 1h | 1.5188 | −0.215% | $2K | $16K | 10x | as long as short |
01 Exchange XRPUSD
edgeX XRPUSDC
Kraken Futures PF_XRPUSD
Phemex XRPUSDT
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Deribit XRP_USDC-PERPETUAL
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
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
Paradex XRP-USD-PERP
Extended XRP-USD
GMX XRP/USD [ETH-USDC]
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
BloFin XRP-USDT
Backpack XRP_USDC_PERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD