Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Derive against Binance+0.198%296s7-day average −0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.198%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.203% dearer against Binance than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 296 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 | Binance XRPUSDT | 1.5194 | 0.0100 | pay 0.0100% / 8h | 59m 29s | $532.2M | $2.22B | 100x |
| Short | Derive XRP-PERP | 1.5224 | 0.0100 | get 0.0013% / 1h | 59m 29s | $819K | $72K | 10x |
Binance XRPUSDT
Derive XRP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Binance. 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
- $0
- Price spread: +0.198% → −0.005%
- $20.33
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $4.33
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 15 min ago; Derive: no order-book sample. 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 Binance live order book, 15 min ago | 0.33 bp | 5.3 bp −$5 | 6.7 bp −$67 | 13.7 bp −$1,365 | 31.8 bp −$15.9K |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 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 | 1.5195 | +0.007% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5195 | +0.004% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5220 | +0.171% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5191 | −0.020% | $246K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0024% | 1h | 1.5204 | +0.068% | $14.5M | $74.3M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.409% | $2K | $107K | 30x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0079% | 1h | 1.5211 | +0.112% | $7.8M | $24.4M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0094% / S −0.0050% | 1h | 1.5191 | −0.020% | $784K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5196 | +0.016% | $2.8M | $15.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5194 | 0.000% | $545K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Deribit XRP_USDC-PERPETUAL
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5190 | −0.026% | $10K | $370K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5193 | −0.003% | $1.0M | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5195 | +0.007% | $38.5M | $87.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5196 | +0.016% | $613K | $1.1M | 20x | as long as short |
| Binance XRPUSDTlong | +0.0100% | 8h | 1.5194 | long leg | $532.2M | $2.22B | 100x | |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5191 | −0.020% | $348.5M | $960.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5193 | −0.007% | $129.4M | $882.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5196 | +0.013% | $565K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5198 | +0.026% | $144K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5195 | +0.009% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5192 | −0.013% | $378.8M | $159.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5195 | +0.007% | $312.4M | $915.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5194 | +0.002% | $107.2M | $183.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5190 | −0.026% | $268.6M | $395.7M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5190 | −0.026% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5187 | −0.047% | $4.8M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5204 | +0.068% | $661K | $114.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5196 | +0.012% | $1.1M | $35.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5208 | +0.092% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5201 | +0.045% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5196 | +0.013% | $50K | $510K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5194 | 0.000% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5194 | 0.000% | $75K | $686K | 50x | as long as short |
| Derive XRP-PERPshort | +0.0100% | 1h | 1.5224 | +0.198% | $819K | $72K | 10x | |
| SunX XRP-USDT | +0.0100% | 8h | 1.5214 | +0.129% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5207 | +0.086% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5207 | +0.088% | $49.6M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5208 | +0.092% | $54.4M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5199 | +0.031% | $474K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5187 | −0.049% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5205 | +0.074% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0128% | 1h | 1.5202 | +0.055% | $17K | $79K | 7x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5201 | +0.046% | $9K | $2K | 10x | as long as short |
| Backpack XRP_USDC_PERP | +0.0169% | 1h | 1.5212 | +0.118% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5208 | +0.092% | $5.7M | $48.2M | 50x | as long as short |
| Hyperliquid XRP | +0.0178% | 1h | 1.5209 | +0.099% | $289.7M | $267.0M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0215% | 8h | 1.5206 | +0.079% | $1.8M | $34.7M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5191 | −0.022% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5198 | +0.026% | $23.7M | $77.9M | 125x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5199 | +0.034% | $529K | $806K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0702% | 1h | 1.5213 | +0.125% | $2K | $16K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
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
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
01 Exchange XRPUSD
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hyperliquid XRP
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD