Funding you earn now, next payment 02:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.14 per $10,000 · paid last 24h +0.028%
Price spread now: Coinbase International against Bullet+0.032%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.032% dearer against Bullet than usual: you sell high and buy low: +$3 more if the spread 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 | Bullet XRP-USD | 1.5148 | 0.0100 | pay 0.0013% / 1h | 26m 38s | $41K | $68K | 20x |
| Short | Coinbase International XRP-PERP-INTX | 1.5153 | 0.0216 | get 0.0027% / 1h | 26m 38s | $5.6M | $46.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bullet. 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
- $24.36
- Price spread: +0.032% → 0.000%
- $3.24
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $9.6
- Costs to cover
- 0.180%
- Break-even
- 4.2 days
Slippage unknown: Bullet: no order-book sample; Coinbase International: live order book, 3 min ago. 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 Bullet no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 3 min ago | 0.66 bp | 8.0 bp −$8 | 10.9 bp −$109 | 28.7 bp −$2,867 | doesn't fit |
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 | 1.5163 | +0.098% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5158 | +0.064% | $1.1M | $110K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5146 | −0.013% | $253K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5150 | +0.013% | $7.7M | $25.4M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.719% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0035% / S +0.0042% | 1h | 1.5146 | −0.017% | $818K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5153 | +0.032% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0076% | 8h | 1.5148 | −0.001% | $62K | $935K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5161 | +0.085% | $2.8M | $14.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5157 | +0.059% | $511K | $3.3M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5146 | −0.014% | $10K | $309K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5151 | +0.022% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5166 | +0.118% | $281.1M | $221.7M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5158 | +0.062% | $38.4M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5161 | +0.087% | $609K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5161 | +0.088% | $537.5M | $2.09B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5159 | +0.072% | $344.0M | $926.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5161 | +0.085% | $125.8M | $865.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5171 | +0.151% | $564K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5165 | +0.112% | $114K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5156 | +0.053% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5154 | +0.039% | $369.2M | $152.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5161 | +0.085% | $293.4M | $899.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5161 | +0.086% | $108.2M | $171.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5162 | +0.092% | $268.2M | $379.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5161 | +0.085% | — | $126.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5198 | +0.332% | $5.8M | $36.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5184 | +0.236% | $659K | $107.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5175 | +0.175% | $1.1M | $35.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5208 | +0.395% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5154 | +0.037% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5150 | +0.013% | $42K | $450K | 20x | as long as short |
| Bullet XRP-USDlong | +0.0100% | 1h | 1.5148 | long leg | $41K | $68K | 20x | |
| Derive XRP-PERP | +0.0100% | 1h | 1.5149 | +0.009% | $815K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5157 | +0.062% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5148 | −0.001% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5157 | +0.062% | $49.6M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5154 | +0.039% | $53.9M | $30.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5160 | +0.081% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5149 | +0.009% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5146 | −0.012% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0186% | 1h | 1.5160 | +0.079% | $1.9M | $1.3M | 25x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5145 | −0.022% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTXshort | +0.0216% | 1h | 1.5153 | +0.032% | $5.6M | $46.4M | 50x | |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5154 | +0.039% | $24.2M | $74.8M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0240% | 1h | 1.5184 | +0.237% | $17K | $82K | 7x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0273% | 1h | 1.5147 | −0.010% | $14.5M | $73.1M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0352% | 8h | 1.5158 | +0.065% | $2.1M | $35.0M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0484% | 1h | 1.5172 | +0.160% | $517K | $776K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5190 | +0.277% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0685% | 1h | 1.5167 | +0.124% | $2K | $14K | 10x | as long as short |
Bullet XRP-USD
Coinbase International XRP-PERP-INTX
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Kraken Futures PF_XRPUSD
Kalshi KXXRPPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD