Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bullet against Bulk−0.250%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bullet is 0.250% cheaper against Bulk than usual: you would sell low and buy high, −$25 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk XRP-USD | 1.5633 | 0.0100 | pay 0.0013% / 1h | 44m 59s | $1.7M | $573K | 20x |
| Short | Bullet XRP-USD | 1.5594 | 0.0100 | get 0.0013% / 1h | 44m 59s | $42K | $67K | 20x |
Bulk XRP-USD
Bullet XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Bulk. 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: −0.250% → 0.000%
- −$25.03
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$40.03
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Bulk: live order book, 4 min ago; Bullet: 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 Bulk live order book, 4 min ago | 0.32 bp | 3.8 bp −$4 | 4.0 bp −$40 | 8.5 bp −$851 | 20.9 bp −$10.4K |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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 | −0.193% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5605 | −0.182% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5620 | −0.084% | $70K | $90K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5600 | −0.212% | $9.7M | $25.4M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5590 | −0.274% | $261K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0005% / S +0.0105% | 1h | 1.5590 | −0.278% | $858K | — | 200x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0031% | 1h | 1.5598 | −0.225% | $15.6M | $68.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0056% | 8h | 1.5596 | −0.238% | $77K | $909K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | −0.468% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5600 | −0.211% | $3.0M | $12.6M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
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 | 1.5598 | −0.225% | $444K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5596 | −0.234% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5598 | −0.226% | $39.6M | $80.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5606 | −0.176% | $642K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5588 | −0.287% | $558.2M | $2.02B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5587 | −0.295% | $347.9M | $915.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5585 | −0.308% | $127.4M | $890.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5568 | −0.417% | $579K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5604 | −0.186% | $117K | $752K | 20x | as long as short |
| Bulk XRP-USDlong | +0.0100% | 1h | 1.5633 | long leg | $1.7M | $573K | 20x | |
| Gate XRP_USDT | +0.0100% | 8h | 1.5591 | −0.269% | $375.4M | $143.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5581 | −0.333% | $301.2M | $869.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5583 | −0.323% | $113.4M | $163.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5586 | −0.301% | $272.6M | $370.0M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5585 | −0.308% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5624 | −0.061% | $11.7M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5593 | −0.257% | $677K | $103.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5605 | −0.180% | $1.1M | $40.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5567 | −0.423% | $1.0M | $899K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5598 | −0.222% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5599 | −0.218% | $49K | $453K | 20x | as long as short |
| Bullet XRP-USDshort | +0.0100% | 1h | 1.5594 | −0.250% | $42K | $67K | 20x | |
| Derive XRP-PERP | +0.0100% | 1h | 1.5600 | −0.212% | $840K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5604 | −0.189% | $131K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5598 | −0.225% | $30K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5599 | −0.218% | $51.2M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5593 | −0.257% | $55.5M | $29.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5603 | −0.195% | $486K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5609 | −0.154% | $13K | $266K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5581 | −0.335% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5598 | −0.225% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5602 | −0.199% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5594 | −0.249% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5598 | −0.225% | $24.5M | $74.6M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5607 | −0.167% | $5.9M | $47.8M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0264% | 1h | 1.5633 | −0.002% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0317% | 8h | 1.5613 | −0.129% | $2.0M | $33.9M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0386% | 1h | 1.5600 | −0.212% | $1.7M | $1.0M | 25x | as long as short |
| Hyperliquid XRP | +0.0623% | 1h | 1.5611 | −0.142% | $297.1M | $209.1M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5613 | −0.130% | $509K | $632K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0813% | 1h | 1.5610 | −0.149% | $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
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
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
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