Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Katana Perps against Bitget+0.090%7-day average −0.042% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.029%−$3 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now +0.090%, 7d avg −0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.131% dearer against Bitget than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XRPUSDT | 1.5595 | 0.0100 | pay 0.0100% / 8h | 45m 35s | $272.8M | $369.9M | 125x |
| Short | Katana Perps XRP-USD | 1.5609 | 0.0101 | get 0.0101% / 8h | 45m 35s | $13K | $266K | 20x |
Bitget XRPUSDT
Katana Perps XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against Bitget. 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
- $0.12
- Price spread: +0.090% → −0.042%
- $13.14
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$2.54
- Costs to cover
- 0.158%
- Break-even
- 150.4 days
Slippage unknown: Bitget: live order book, 4 min ago; Katana Perps: 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 Bitget live order book, 4 min ago | 0.32 bp | 6.5 bp −$6 | 7.9 bp −$79 | 19.3 bp −$1,927 | 36.2 bp −$18.1K |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Katana Perps: 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 | 1.5603 | +0.051% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5605 | +0.062% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5620 | +0.160% | $70K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5633 | +0.244% | $262K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0005% / S +0.0106% | 1h | 1.5631 | +0.233% | $860K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0006% | 1h | 1.5630 | +0.224% | $9.7M | $25.4M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0031% | 1h | 1.5627 | +0.206% | $15.7M | $68.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0056% | 8h | 1.5629 | +0.218% | $77K | $909K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | −0.224% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5605 | +0.065% | $3.0M | $12.6M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Injective XRP/USDC PERP
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 | 1.5605 | +0.064% | $444K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5596 | +0.010% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5606 | +0.071% | $39.7M | $80.0M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5606 | +0.068% | $642K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5598 | +0.019% | $558.5M | $2.01B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5596 | +0.006% | $347.8M | $914.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5596 | +0.006% | $127.5M | $891.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5568 | −0.173% | $579K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5604 | +0.058% | $117K | $752K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5633 | +0.244% | $1.7M | $573K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5604 | +0.058% | $373.1M | $143.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5596 | +0.006% | $302.4M | $868.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5600 | +0.034% | $113.6M | $163.1M | 75x | as long as short |
| Bitget XRPUSDTlong | +0.0100% | 8h | 1.5595 | long leg | $272.8M | $369.9M | 125x | |
| BingX XRP-USDT | +0.0100% | 8h | 1.5600 | +0.032% | — | $120.6M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5634 | +0.247% | $11.7M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5593 | −0.013% | $677K | $103.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5605 | +0.064% | $1.1M | $40.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5567 | −0.180% | $1.0M | $899K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5598 | +0.022% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5599 | +0.026% | $49K | $453K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5594 | −0.006% | $42K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5635 | +0.257% | $842K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5618 | +0.146% | $131K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5627 | +0.205% | $30K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5622 | +0.175% | $51.3M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5625 | +0.192% | $55.6M | $29.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5603 | +0.049% | $486K | $54K | 50x | as long as short |
| Katana Perps XRP-USDshort | +0.0101% | 8h | 1.5609 | +0.090% | $13K | $266K | 20x | |
| Extended XRP-USD | +0.0104% | 1h | 1.5598 | +0.018% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5632 | +0.234% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5602 | +0.045% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5594 | −0.005% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5585 | −0.064% | $24.5M | $74.5M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5634 | +0.250% | $5.9M | $47.9M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0264% | 1h | 1.5633 | +0.243% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0317% | 8h | 1.5636 | +0.263% | $2.0M | $33.9M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0396% | 1h | 1.5629 | +0.218% | $1.7M | $1.0M | 25x | as long as short |
| Hyperliquid XRP | +0.0626% | 1h | 1.5616 | +0.135% | $297.6M | $208.8M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5613 | +0.114% | $509K | $632K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0812% | 1h | 1.5617 | +0.138% | $1K | $11K | 10x | as long as short |
Lighter RH XRP
Nado XRP-PERP
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
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
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
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD