Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Variational Omni against Bullet−0.530%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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.530% cheaper against Bullet than usual: you would sell low and buy high, −$53 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 | Bullet XRP-USD | 1.5607 | 0.0100 | pay 0.0013% / 1h | 47m 17s | $42K | $62K | 20x |
| Short | Variational Omni XRP | 1.5524 | 0.0100 | get 0.0100% / 8h | 1h 47m | $11.8M | $29.8M | — |
Bullet XRP-USD
Variational Omni XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $0
- Price spread: −0.530% → 0.000%
- −$53.01
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$61.01
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Bullet: no order-book sample; Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago | 2.02 bp | doesn't fit | 4.4 bp −$44 | 20.0 bp −$1,999 | 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 | 1.5636 | +0.186% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5628 | +0.135% | $1.1M | $104K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5607 | −0.003% | $261K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0006% | 1h | 1.5622 | +0.097% | $9.6M | $24.9M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5290 | −2.031% | $2K | $86K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0041% | 1h | 1.5616 | +0.059% | $15.7M | $67.5M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0052% | 8h | 1.5626 | +0.122% | $82K | $935K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0079% / S +0.0144% | 1h | 1.5604 | −0.020% | $923K | — | 200x | as long as short |
| Hibachi XRP/USDT-P | +0.0080% | 1h | 1.5629 | +0.139% | $19K | $73K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5631 | +0.153% | $3.0M | $11.7M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
GMX XRP/USD [ETH-USDC]
Hibachi XRP/USDT-P
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 | 1.5643 | +0.231% | $460K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5615 | +0.055% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5623 | +0.102% | $39.8M | $75.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5638 | +0.199% | $676K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5614 | +0.044% | $566.1M | $1.92B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5621 | +0.090% | $355.0M | $870.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5621 | +0.090% | $128.9M | $868.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5541 | −0.422% | $579K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5638 | +0.199% | $121K | $724K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5527 | −0.512% | $1.7M | $572K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5605 | −0.012% | $372.3M | $134.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5601 | −0.038% | $290.1M | $823.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5613 | +0.042% | $112.9M | $153.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5618 | +0.071% | $271.1M | $352.7M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5615 | +0.052% | — | $115.2M | — | as long as short |
| Variational Omni XRPshort | +0.0100% | 8h | 1.5524 | −0.530% | $11.8M | $29.8M | — | |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5540 | −0.429% | $675K | $98.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5571 | −0.233% | $1.1M | $41.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5583 | −0.153% | $1.0M | $878K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5615 | +0.050% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5621 | +0.090% | $54K | $436K | 20x | as long as short |
| Bullet XRP-USDlong | +0.0100% | 1h | 1.5607 | long leg | $42K | $62K | 20x | |
| Derive XRP-PERP | +0.0100% | 1h | 1.5625 | +0.116% | $841K | $71K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5620 | +0.081% | $131K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5619 | +0.077% | $30K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5630 | +0.150% | $51.4M | $15.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5614 | +0.045% | $55.6M | $28.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5637 | +0.191% | $488K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5631 | +0.154% | $12K | $248K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5614 | +0.045% | $2.2M | $7.0M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5619 | +0.075% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0160% | 1h | 1.5633 | +0.167% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0211% | 1h | 1.5610 | +0.017% | $1.4M | $9K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5628 | +0.135% | $5.8M | $46.3M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5596 | −0.070% | $24.6M | $71.7M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0338% | 8h | 1.5628 | +0.135% | $1.9M | $32.0M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0372% | 1h | 1.5631 | +0.154% | $1.8M | $977K | 25x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5590 | −0.108% | $69K | $90K | 15x | as long as short |
| RISEx XRP/USDC | +0.0527% | 1h | 1.5639 | +0.205% | $409K | $531K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0589% | 1h | 1.5586 | −0.137% | $1K | $11K | 10x | as long as short |
| Hyperliquid XRP | +0.0649% | 1h | 1.5636 | +0.189% | $289.4M | $195.5M | 20x | 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
Bitget XRPUSDT
BingX XRP-USDT
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
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Phoenix XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD
Hyperliquid XRP