XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%

Price spread now: dYdX against ApeX Omni−0.205%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$580.581% of the position

Long on ApeX Omni Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.214%−$21 on $10k

Price spread, last 7 days+0.147%+$15 · spread now −0.205%, 7d avg −0.034%

Together, before fees−0.066%−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.171% cheaper against ApeX Omni than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.034%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XRPUSDT	1.5317	0.0100	pay 0.0013% / 1h	45m 20s	$1.2M	$1.2M	50x
Short	dYdX XRP-USD	1.5286	0	get 0.0000% / 1h	45m 20s	$1.1M	$154K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.205%Rate

Funding earned: −$21
Price spread: −0.205% → −0.034%: −$17.09
Slippage, 4 orders: −$38.08
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$96.18
Costs to cover: 0.581%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 7 min ago; dYdX: live order book, 2 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, 7 min ago	3.91 bp	9.2 bp −$9	12.9 bp −$129	doesn't fit	doesn't fit
Sell dYdX live order book, 2 min ago	15.01 bp	20.0 bp −$20	20.0 bp −$200	32.5 bp −$3,252	88.3 bp −$44.2K

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	+0.255%	$5K	$4K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0062%	1h	1.5313	−0.025%	$14.0M	$70.7M	50x	as long as short
dYdX XRP-USDshort	0.0000%	1h	1.5286	−0.205%	$1.1M	$154K	10x
Phoenix XRP	0.0000%	1h	1.5340	+0.150%	$69K	$108K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5315	−0.013%	$7.8M	$21.2M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5311	−0.040%	$245K	—	150x	as long as short
01 Exchange XRPUSD	+0.0008%	1h	1.5291	−0.170%	$9K	$987	10x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.586%	$2K	$107K	30x	as long as short
SoDEX XRP-USD	+0.0060%	1h	1.5310	−0.046%	$29K	$1.5M	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5290	−0.176%	$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	1.5295	−0.144%	$598K	$3.1M	20x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5286	−0.203%	$477K	$47K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5284	−0.215%	$10K	$399K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5284	−0.212%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5298	−0.127%	$297.8M	$267.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5282	−0.229%	$39.2M	$81.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5289	−0.185%	$590K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5283	−0.223%	$532.7M	$2.08B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5283	−0.222%	$360.5M	$886.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5280	−0.242%	$124.5M	$832.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5279	−0.248%	$562K	$36K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5292	−0.163%	$164K	$682K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5314	−0.019%	$1.6M	$26K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5286	−0.202%	$380.0M	$156.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5281	−0.235%	$308.6M	$891.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5286	−0.206%	$105.0M	$181.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5283	−0.222%	$271.2M	$356.2M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5283	−0.222%	—	$99.5M	—	as long as short
Backpack XRP_USDC_PERP	+0.0100%	1h	1.5315	−0.013%	$2.0M	$1.2M	25x	as long as short
Variational Omni XRP	+0.0100%	8h	1.5309	−0.055%	$5.0M	$38.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5313	−0.023%	$665K	$109.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5321	+0.024%	$1.1M	$30.5M	20x	as long as short
ApeX Omni XRPUSDTlong	+0.0100%	1h	1.5317	long leg	$1.2M	$1.2M	50x
Vest XRP-PERP	+0.0100%	1h	1.5291	−0.170%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5284	−0.215%	$52K	$474K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5283	−0.223%	$41K	$65K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5283	−0.222%	$83K	$613K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5316	−0.005%	$128K	$1.5M	30x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5300	−0.110%	$49.9M	$14.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5312	−0.033%	$54.6M	$33.3M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5280	−0.239%	$2.2M	$6.1M	50x	as long as short
Hibachi XRP/USDT-P	+0.0104%	1h	1.5313	−0.028%	$17K	$76K	7x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5277	−0.258%	$59K	$25K	3x	as long as short
Coinbase International XRP-PERP-INTX	+0.0112%	1h	1.5308	−0.059%	$5.5M	$43.9M	50x	as long as short
Kalshi KXXRPPERP	+0.0135%	8h	1.5319	+0.013%	$1.9M	$35.1M	2.9x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0211% / S −0.0510%	1h	1.5283	−0.219%	$822K	—	200x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5315	−0.013%	$23.9M	$78.1M	125x	as long as short
Reya XRPRUSDPERP	+0.0223%	1h	1.5308	−0.059%	$1.4M	$1K	15x	as long as short
RISEx XRP/USDC	+0.0239%	1h	1.5291	−0.169%	$513K	$736K	10x	as long as short
Aftermath Perps XRPUSD	+0.0443%	1h	1.5332	+0.098%	$3K	$13K	10x	as long as short