XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.029%

Price spread now: Coinbase International against ApeX Omni−0.215%75s7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.335% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.384%+$38 · spread now −0.215%, 7d avg −0.008%

Together, before fees+0.382%+$38 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.207% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.215% now, against its 7-day average of −0.008%). If the spread goes back, that is −$21 on $10k: about 58 days of funding at the current rate ($0 a day). The two prices were read 75 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	ApeX Omni XRPUSDT	1.5341	0.0100	pay 0.0013% / 1h	46m 00s	$1.2M	$1.2M	50x
Short	Coinbase International XRP-PERP-INTX	1.5308	0.0112	get 0.0014% / 1h	46m 00s	$5.5M	$43.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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 ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now −0.215%Rate

Funding earned: $2.52
Price spread: −0.215% → −0.008%: −$20.73
Slippage, 4 orders: −$13.48
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$51.69
Costs to cover: 0.335%
Break-even: 150.6 days

Slippage from ApeX Omni: live order book, 6 min ago; Coinbase International: live order book, 6 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 ApeX Omni live order book, 6 min ago	3.91 bp	9.2 bp −$9	12.9 bp −$129	doesn't fit	doesn't fit
Sell Coinbase International live order book, 6 min ago	0.33 bp	8.3 bp −$8	10.4 bp −$104	25.5 bp −$2,547	doesn't fit

XRP on 50 exchanges

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	1.5356	+0.098%	$5K	$4K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0062%	1h	1.5313	−0.181%	$14.0M	$70.7M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5329	−0.080%	$1.1M	$154K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5340	−0.007%	$69K	$108K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5315	−0.169%	$7.8M	$21.2M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5311	−0.196%	$245K	—	150x	as long as short
01 Exchange XRPUSD	+0.0008%	1h	1.5316	−0.163%	$9K	$987	10x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.428%	$2K	$107K	30x	as long as short
SoDEX XRP-USD	+0.0060%	1h	1.5310	−0.202%	$29K	$1.5M	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5311	−0.197%	$2.8M	$14.1M	20x	as long as short

Show all 50 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5310	−0.202%	$598K	$3.1M	20x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5318	−0.152%	$478K	$47K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5310	−0.202%	$10K	$399K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5305	−0.231%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5316	−0.163%	$298.4M	$266.8M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5293	−0.313%	$39.2M	$81.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5318	−0.150%	$591K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5289	−0.339%	$532.9M	$2.08B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5287	−0.352%	$360.7M	$886.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5283	−0.378%	$124.7M	$833.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5321	−0.130%	$562K	$37K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5317	−0.156%	$165K	$681K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5314	−0.175%	$1.6M	$26K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5308	−0.215%	$380.9M	$156.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5281	−0.391%	$309.7M	$891.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5289	−0.340%	$105.4M	$181.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5283	−0.378%	$271.3M	$356.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5304	−0.241%	—	$99.4M	—	as long as short
Backpack XRP_USDC_PERP	+0.0100%	1h	1.5315	−0.169%	$2.0M	$1.2M	25x	as long as short
Variational Omni XRP	+0.0100%	8h	1.5325	−0.107%	$5.0M	$38.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5326	−0.095%	$666K	$109.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5328	−0.084%	$1.1M	$30.7M	20x	as long as short
ApeX Omni XRPUSDTlong	+0.0100%	1h	1.5341	long leg	$1.2M	$1.2M	50x
Vest XRP-PERP	+0.0100%	1h	1.5318	−0.152%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5316	−0.163%	$52K	$475K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5311	−0.195%	$42K	$65K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5309	−0.209%	$83K	$613K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5316	−0.161%	$128K	$1.5M	30x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5300	−0.266%	$49.9M	$14.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5312	−0.189%	$54.6M	$33.3M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5276	−0.421%	$2.2M	$6.1M	50x	as long as short
Hibachi XRP/USDT-P	+0.0104%	1h	1.5313	−0.185%	$17K	$76K	7x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5305	−0.237%	$59K	$25K	3x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0112%	1h	1.5308	−0.215%	$5.5M	$43.9M	50x
Kalshi KXXRPPERP	+0.0135%	8h	1.5319	−0.143%	$1.9M	$35.1M	2.9x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0210% / S −0.0542%	1h	1.5312	−0.187%	$814K	—	200x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5315	−0.169%	$23.9M	$78.1M	125x	as long as short
Reya XRPRUSDPERP	+0.0223%	1h	1.5308	−0.216%	$1.4M	$1K	15x	as long as short
RISEx XRP/USDC	+0.0239%	1h	1.5317	−0.155%	$514K	$736K	10x	as long as short
Aftermath Perps XRPUSD	+0.0447%	1h	1.5340	−0.003%	$3K	$13K	10x	as long as short