XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0139%/8h= +15.3% APRnext payment +$0.17 per $10,000 · paid last 24h +0.110%

Price spread now: RISEx against Arcus+0.031%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$170.174% of the position

Long on Arcus Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.344%+$34 on $10k

Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.031%, 7d avg +0.046%

Together, before fees+0.373%+$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus XRP-USD	1.5231	0.0100	pay 0.0013% / 1h	26m 25s	$162K	$696K	20x
Short	RISEx XRP/USDC	1.5236	0.0239	get 0.0030% / 1h	26m 25s	$512K	$726K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Arcus. 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 ArcusbpFee RISExbpOrdersPrice spread, now +0.031%Rate

Funding earned: $29.28
Price spread: +0.031% → +0.046%: −$1.43
Slippage, 4 orders: −$6.92
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee RISEx: 3 bp × 2 orders: −$6
Net: $10.42
Costs to cover: 0.174%
Break-even: 4.5 days

Slippage from Arcus: live order book, 20 min ago; RISEx: live order book, 20 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 Arcus live order book, 20 min ago	0.33 bp	4.1 bp −$4	7.1 bp −$71	29.9 bp −$2,989	doesn't fit
Sell RISEx live order book, 20 min ago	0.75 bp	3.8 bp −$4	6.6 bp −$66	doesn't fit	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	1.5380	+0.978%	$5K	$4K	20x	as long as short
01 Exchange XRPUSD	−0.0064%	1h	1.5232	+0.007%	$9K	$987	10x	as long as short
Kraken Futures PF_XRPUSD	−0.0063%	1h	1.5253	+0.144%	$13.8M	$69.7M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5237	+0.037%	$1.1M	$154K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5260	+0.190%	$68K	$108K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5253	+0.144%	$7.6M	$20.6M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5258	+0.179%	$241K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.160%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0088%	1h	1.5252	+0.140%	$17K	$71K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5236	+0.033%	$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	1.5241	+0.066%	$590K	$3.1M	20x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5230	−0.010%	$475K	$47K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5226	−0.033%	$11K	$406K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5237	+0.043%	$1.1M	$5.8M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5244	+0.085%	$295.2M	$267.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5232	+0.007%	$38.7M	$80.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5238	+0.047%	$586K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5233	+0.013%	$529.7M	$2.06B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5232	+0.007%	$357.5M	$866.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5232	+0.007%	$123.5M	$820.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5242	+0.072%	$560K	$37K	5x	as long as short
Arcus XRP-USDlong	+0.0100%	1h	1.5231	long leg	$162K	$696K	20x
Bulk XRP-USD	+0.0100%	1h	1.5230	−0.007%	$1.6M	$36K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5232	+0.007%	$375.7M	$159.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5231	0.000%	$304.8M	$901.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5230	−0.005%	$104.3M	$181.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5231	0.000%	$269.5M	$353.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5230	−0.007%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5257	+0.170%	$4.9M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5257	+0.171%	$663K	$107.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5255	+0.157%	$1.1M	$32.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5264	+0.217%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5240	+0.056%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5234	+0.020%	$52K	$471K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5230	−0.004%	$41K	$65K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5232	+0.007%	$83K	$601K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5252	+0.135%	$128K	$1.5M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5250	+0.125%	$32K	$1.4M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5245	+0.094%	$49.7M	$13.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5252	+0.138%	$54.3M	$33.3M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5218	−0.083%	$2.2M	$6.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5245	+0.092%	$59K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0106%	1h	1.5263	+0.210%	$2.0M	$1.2M	25x	as long as short
Coinbase International XRP-PERP-INTX	+0.0112%	1h	1.5254	+0.151%	$5.5M	$42.6M	50x	as long as short
Kalshi KXXRPPERP	+0.0127%	8h	1.5265	+0.223%	$1.9M	$35.4M	2.9x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5254	+0.151%	$23.7M	$77.5M	125x	as long as short
Reya XRPRUSDPERP	+0.0223%	1h	1.5226	−0.030%	$1.3M	$1K	15x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0228% / S −0.0468%	1h	1.5251	+0.133%	$858K	—	200x	as long as short
RISEx XRP/USDCshort	+0.0239%	1h	1.5236	+0.031%	$512K	$726K	10x
Aftermath Perps XRPUSD	+0.0347%	1h	1.5259	+0.185%	$3K	$13K	10x	as long as short