Funding you earn now, next payment 04:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.24 per $10,000 · paid last 24h −0.063%
Price spread now: Hotstuff against 01 Exchange−0.059%59s7-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 −$6 a day on $10k at the current rate, and Hotstuff is 0.059% cheaper against 01 Exchange than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 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 | 1.5151 | 0.0112 | pay 0.0014% / 1h | 59m 40s | $8K | $8K | 10x |
| Short | Hotstuff XRP-PERP | 1.5142 | −0.0080 | pay 0.0010% / 1h | 59m 40s | $5K | $3K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$40.32
- Price spread: −0.059% → 0.000%
- −$5.94
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$58.26
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Hotstuff: 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
01 Exchange and Hotstuff: 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-PERPshort | −0.0080% | 1h | 1.5142 | −0.059% | $5K | $3K | 20x | |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5153 | +0.016% | $14.3M | $73.8M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5160 | +0.060% | $1.1M | $111K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5150 | −0.007% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5157 | +0.041% | $253K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5163 | +0.079% | $7.7M | $25.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.699% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0047% / S +0.0019% | 1h | 1.5156 | +0.034% | $790K | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0095% | 8h | 1.5159 | +0.053% | $62K | $934K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5161 | +0.065% | $2.8M | $14.6M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5160 | +0.059% | $498K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5145 | −0.040% | $10K | $331K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5164 | +0.083% | $1.1M | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5169 | +0.117% | $280.8M | $228.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5157 | +0.040% | $38.3M | $83.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5161 | +0.066% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5158 | +0.049% | $533.2M | $2.12B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5162 | +0.073% | $346.7M | $937.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5161 | +0.066% | $127.1M | $877.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5138 | −0.086% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5155 | +0.026% | $117K | $705K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5114 | −0.244% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5157 | +0.040% | $370.1M | $152.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5161 | +0.066% | $293.1M | $895.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5161 | +0.063% | $108.0M | $175.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5156 | +0.033% | $268.3M | $386.0M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5154 | +0.020% | — | $127.4M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5154 | +0.019% | $4.8M | $38.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5133 | −0.120% | $657K | $108.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5140 | −0.072% | $1.1M | $36.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5143 | −0.053% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5159 | +0.051% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5162 | +0.073% | $44K | $454K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5158 | +0.048% | $41K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5161 | +0.065% | $816K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5163 | +0.081% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5156 | +0.033% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5151 | +0.002% | $49.6M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5153 | +0.013% | $53.9M | $31.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5162 | +0.070% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5151 | −0.001% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5158 | +0.049% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSDlong | +0.0112% | 1h | 1.5151 | long leg | $8K | $8K | 10x | |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5164 | +0.086% | $5.6M | $47.2M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0195% | 1h | 1.5162 | +0.073% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0216% | 1h | 1.5157 | +0.043% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5159 | +0.054% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5152 | +0.007% | $24.2M | $76.1M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0314% | 8h | 1.5163 | +0.079% | $2.0M | $34.9M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0358% | 1h | 1.5156 | +0.033% | $516K | $773K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0678% | 1h | 1.5144 | −0.044% | $2K | $15K | 10x | as long as short |
01 Exchange XRPUSD
Kraken Futures PF_XRPUSD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Hyperliquid XRP
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
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD