Funding you earn now, next payment 07:00 UTC−0.0256%/8h= −28.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.085%
Price spread now: Hotstuff against Coinbase International+0.026%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Hotstuff is 0.026% dearer against Coinbase International than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XRP-PERP-INTX | 1.5163 | 0.0176 | pay 0.0022% / 1h | 16m 01s | $5.6M | $48.0M | 50x |
| Short | Hotstuff XRP-PERP | 1.5167 | −0.0080 | pay 0.0010% / 1h | 16m 01s | $5K | $3K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Coinbase International. 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
- −$53.76
- Price spread: +0.026% → 0.000%
- $2.64
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$66.12
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 3 min ago; Hotstuff: 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 Coinbase International live order book, 3 min ago | 0.33 bp | 7.3 bp −$7 | 9.4 bp −$94 | 24.6 bp −$2,464 | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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-PERPshort | −0.0080% | 1h | 1.5167 | +0.026% | $5K | $3K | 20x | |
| dYdX XRP-USD | 0.0000% | 1h | 1.5169 | +0.039% | $1.1M | $148K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5158 | −0.033% | $7.7M | $24.2M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5154 | −0.057% | $245K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.618% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5153 | −0.065% | $14.5M | $73.8M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5155 | −0.056% | $2.8M | $15.2M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5159 | −0.026% | $604K | $3.2M | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.0096% | 1h | 1.5163 | −0.003% | $17K | $78K | 7x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5161 | −0.013% | $20K | $383K | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5162 | −0.003% | $998K | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5153 | −0.065% | $38.5M | $86.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5168 | +0.031% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5153 | −0.065% | $528.6M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5152 | −0.073% | $349.2M | $951.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5155 | −0.053% | $127.0M | $863.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5179 | +0.106% | $564K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5170 | +0.046% | $143K | $715K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5178 | +0.099% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5152 | −0.073% | $377.2M | $162.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5153 | −0.066% | $306.9M | $927.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5152 | −0.069% | $106.5M | $183.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5152 | −0.073% | $268.6M | $389.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5154 | −0.059% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5131 | −0.212% | $4.8M | $38.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5169 | +0.041% | $660K | $113.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5177 | +0.091% | $1.1M | $34.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5181 | +0.119% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5166 | +0.020% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5163 | 0.000% | $52K | $515K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5157 | −0.038% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5154 | −0.059% | $77K | $689K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5167 | +0.024% | $816K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5164 | +0.009% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5153 | −0.066% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5163 | −0.001% | $49.5M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5157 | −0.040% | $54.0M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5169 | +0.042% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5151 | −0.080% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5166 | +0.020% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5154 | −0.061% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0106% / S −0.0069% | 1h | 1.5153 | −0.069% | $773K | — | 200x | as long as short |
| Hyperliquid XRP | +0.0141% | 1h | 1.5167 | +0.026% | $289.6M | $268.1M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0168% | 1h | 1.5162 | −0.007% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0170% | 8h | 1.5173 | +0.066% | $1.8M | $34.0M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTXlong | +0.0176% | 1h | 1.5163 | long leg | $5.6M | $48.0M | 50x | |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5163 | 0.000% | $23.6M | $77.7M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5156 | −0.044% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5168 | +0.034% | $521K | $798K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5180 | +0.112% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0600% | 1h | 1.5161 | −0.013% | $2K | $16K | 10x | as long as short |
Coinbase International XRP-PERP-INTX
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
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-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
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
01 Exchange XRPUSD
GMX XRP/USD [ETH-USDC]
Hyperliquid XRP
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
BloFin XRP-USDT
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD