Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.018%
Price spread now: Injective against ApeX Omni+2.666%7-day average −0.203% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs+$181as in the Price arb table
costs, in and out, $10k−$1061.061% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−3.091%−$309 · spread now +2.666%, 7d avg −0.203%
=The price spread pays, funding is against you. Injective is 2.869% dearer against ApeX Omni than usual: you sell high and buy low (spread +2.666% now, against its 7-day average of −0.203%): +$287 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months. Mind the row above: over the last 7 days funding on this pair paid +0.074%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XRPUSDT | 1.5156 | 0.0100 | pay 0.0013% / 1h | 13m 35s | $1.2M | $1.1M | 50x |
| Short | Injective XRP/USDC PERP | 1.5560 | 0.0033 | get 0.0004% / 1h | 13m 35s | $2K | $107K | 30x |
ApeX Omni XRPUSDT
Injective XRP/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: +2.666% → −0.203%
- $286.85
- Slippage, 4 orders
- −$96.04
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $166.8
- Costs to cover
- 1.061%
- Break-even
- from the start
Slippage from ApeX Omni: live order book, just now; Injective: live order book, 45 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, just now | 1.32 bp | 7.2 bp −$7 | 15.7 bp −$157 | doesn't fit | doesn't fit |
| Sell Injective live order book, 45 min ago | 42.92 bp | 49.2 bp −$49 | 62.7 bp −$627 | doesn't fit | doesn't fit |
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-PERP | −0.0080% | 1h | 1.5132 | −0.158% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5132 | −0.155% | $14.3M | $73.8M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5144 | −0.082% | $1.1M | $111K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5150 | −0.040% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5136 | −0.132% | $7.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5128 | −0.185% | $253K | — | 150x | as long as short |
| Injective XRP/USDC PERPshort | +0.0033% | 1h | 1.5560 | +2.666% | $2K | $107K | 30x | |
| GMX XRP/USD [ETH-USDC] | L +0.0045% / S +0.0023% | 1h | 1.5125 | −0.207% | $789K | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0089% | 8h | 1.5133 | −0.152% | $62K | $934K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5150 | −0.041% | $2.8M | $14.6M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Orderly PERP_XRP_USDC
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5151 | −0.033% | $498K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5145 | −0.073% | $11K | $329K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5134 | −0.142% | $1.1M | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5159 | +0.020% | $280.5M | $227.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5136 | −0.130% | $38.3M | $83.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5151 | −0.033% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5150 | −0.039% | $534.4M | $2.12B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5150 | −0.040% | $346.9M | $934.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5151 | −0.033% | $126.1M | $874.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5132 | −0.158% | $564K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5153 | −0.020% | $110K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5130 | −0.169% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5148 | −0.053% | $369.3M | $154.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5149 | −0.046% | $292.6M | $902.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5149 | −0.048% | $108.0M | $174.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5150 | −0.040% | $268.1M | $384.8M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5146 | −0.066% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5137 | −0.126% | $5.2M | $37.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5141 | −0.098% | $658K | $108.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5149 | −0.046% | $1.1M | $36.0M | 20x | as long as short |
| ApeX Omni XRPUSDTlong | +0.0100% | 1h | 1.5156 | long leg | $1.2M | $1.1M | 50x | |
| Vest XRP-PERP | +0.0100% | 1h | 1.5134 | −0.143% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5132 | −0.158% | $44K | $454K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5130 | −0.172% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5134 | −0.147% | $814K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5137 | −0.123% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5132 | −0.158% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5128 | −0.186% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5132 | −0.158% | $53.9M | $30.9M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5150 | −0.041% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5146 | −0.064% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5132 | −0.158% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0112% | 1h | 1.5154 | −0.013% | $8K | $8K | 10x | as long as short |
| Backpack XRP_USDC_PERP | +0.0182% | 1h | 1.5141 | −0.099% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5141 | −0.099% | $5.5M | $47.0M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0208% | 1h | 1.5146 | −0.065% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5129 | −0.177% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5143 | −0.086% | $24.2M | $76.0M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0315% | 8h | 1.5139 | −0.112% | $2.1M | $34.6M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5154 | −0.012% | $516K | $773K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0673% | 1h | 1.5151 | −0.034% | $2K | $15K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
Vest XRP-PERP
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
Aevo XRP-PERP
01 Exchange XRPUSD
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD