XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.12 per $10,000 · paid last 24h −0.030%

Price spread now: Injective against 01 Exchange+2.402%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Injective

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Injective is 2.402% dearer against 01 Exchange than usual: you sell high and buy low (spread +2.402% now, against zero (this spread has no 7-day history yet)): +$240 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange XRPUSD	1.5195	0.0128	pay 0.0016% / 1h	25m 01s	$8K	$8K	10x
Short	Injective XRP/USDC PERP	1.5560	0.0033	get 0.0004% / 1h	25m 01s	$2K	$107K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee 01 ExchangebpFee InjectivebpOrdersPrice spread, now +2.402%Rate

Funding earned: −$19.88
Price spread: +2.402% → 0.000%: $240.21
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $213.31
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: 01 Exchange: no order-book sample; Injective: live order book, 44 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 Injective live order book, 44 min ago	22.76 bp	66.1 bp −$66	81.0 bp −$810	doesn't fit	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 50 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	1.5195	0.000%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5185	−0.068%	$1.1M	$120K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5210	+0.099%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5199	+0.024%	$254K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0020% / S +0.0059%	1h	1.5197	+0.015%	$803K	—	200x	as long as short
Injective XRP/USDC PERPshort	+0.0033%	1h	1.5560	+2.402%	$2K	$107K	30x
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5193	−0.016%	$14.6M	$72.7M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0072%	8h	1.5201	+0.039%	$62K	$953K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0079%	1h	1.5199	+0.026%	$7.7M	$25.2M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5197	+0.011%	$2.8M	$14.3M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5199	+0.026%	$518K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5184	−0.072%	$11K	$307K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5187	−0.049%	$896K	$5.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5187	−0.051%	$38.7M	$84.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5193	−0.012%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5184	−0.073%	$538.6M	$2.10B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5184	−0.072%	$341.9M	$940.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5183	−0.079%	$124.7M	$873.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5174	−0.138%	$565K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5198	+0.020%	$115K	$700K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5190	−0.036%	$1.6M	$330K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5188	−0.046%	$369.5M	$152.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5185	−0.066%	$291.3M	$912.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5185	−0.066%	$107.3M	$171.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5182	−0.086%	$266.3M	$383.9M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5185	−0.066%	—	$126.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5199	+0.026%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5184	−0.075%	$659K	$108.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5181	−0.091%	$1.1M	$37.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5179	−0.105%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5199	+0.026%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5200	+0.033%	$44K	$445K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5201	+0.041%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5199	+0.023%	$818K	$76K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5198	+0.020%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5196	+0.007%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5197	+0.013%	$49.8M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5195	0.000%	$54.1M	$29.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5197	+0.013%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5178	−0.109%	$2.1M	$7.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5197	+0.014%	$58K	$25K	3x	as long as short
01 Exchange XRPUSDlong	+0.0128%	1h	1.5195	long leg	$8K	$8K	10x
Reya XRPRUSDPERP	+0.0214%	1h	1.5196	+0.008%	$1.3M	$7K	15x	as long as short
Hyperliquid XRP	+0.0216%	1h	1.5197	+0.013%	$281.2M	$223.5M	20x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5199	+0.026%	$5.7M	$46.8M	50x	as long as short
Hibachi XRP/USDT-P	+0.0320%	1h	1.5203	+0.053%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0358%	8h	1.5199	+0.026%	$2.1M	$35.8M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0363%	1h	1.5196	+0.007%	$1.9M	$1.3M	25x	as long as short
RISEx XRP/USDC	+0.0456%	1h	1.5198	+0.021%	$535K	$785K	10x	as long as short
Aftermath Perps XRPUSD	+0.0756%	1h	1.5174	−0.137%	$2K	$14K	10x	as long as short