XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0300%/8h= +32.8% APRnext payment +$0.37 per $10,000 · paid last 24h −0.047%

Price spread now: Phoenix against Coinbase International−0.243%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days−0.213%−$21 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Phoenix is 0.243% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.243% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 2.7 days of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.213%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International XRP-PERP-INTX	1.5628	0.0216	pay 0.0027% / 1h	47m 21s	$5.8M	$46.3M	50x
Short	Phoenix XRP	1.5590	0.0516	get 0.0064% / 1h	47m 21s	$69K	$90K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee PhoenixbpOrdersPrice spread, now −0.243%Rate

Funding earned: $62.96
Price spread: −0.243% → 0.000%: −$24.32
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $21.64
Costs to cover: 0.170%
Break-even: 4.6 days

Slippage unknown: Coinbase International: live order book, 2 min ago; Phoenix: 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, 2 min ago	0.32 bp	9.2 bp −$9	10.3 bp −$103	23.1 bp −$2,312	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: 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	+0.051%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5628	0.000%	$1.1M	$104K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5607	−0.138%	$261K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0006%	1h	1.5622	−0.038%	$9.6M	$24.9M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−2.163%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5616	−0.076%	$15.7M	$67.5M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0052%	8h	1.5626	−0.013%	$82K	$935K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0079% / S +0.0144%	1h	1.5604	−0.154%	$923K	—	200x	as long as short
Hibachi XRP/USDT-P	+0.0080%	1h	1.5629	+0.003%	$19K	$73K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5631	+0.018%	$3.0M	$11.7M	20x	as long as short

Show 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	+0.096%	$460K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5615	−0.080%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5623	−0.034%	$39.8M	$75.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5638	+0.064%	$676K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5614	−0.091%	$566.1M	$1.92B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5621	−0.045%	$355.0M	$870.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5621	−0.045%	$128.9M	$868.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5541	−0.557%	$579K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5638	+0.064%	$121K	$724K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5527	−0.646%	$1.7M	$572K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5605	−0.147%	$372.3M	$134.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5601	−0.173%	$290.1M	$823.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5613	−0.093%	$112.9M	$153.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5618	−0.064%	$271.1M	$352.7M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5615	−0.083%	—	$115.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5524	−0.664%	$11.8M	$29.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5540	−0.563%	$675K	$98.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5571	−0.368%	$1.1M	$41.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5583	−0.288%	$1.0M	$878K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5615	−0.085%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5621	−0.045%	$54K	$436K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5607	−0.135%	$42K	$62K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5625	−0.019%	$841K	$71K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5620	−0.054%	$131K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5619	−0.058%	$30K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5630	+0.015%	$51.4M	$15.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5614	−0.090%	$55.6M	$28.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5637	+0.056%	$488K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5631	+0.019%	$12K	$248K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5614	−0.090%	$2.2M	$7.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5619	−0.061%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0160%	1h	1.5633	+0.032%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5610	−0.118%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTXlong	+0.0216%	1h	1.5628	long leg	$5.8M	$46.3M	50x
BloFin XRP-USDT	+0.0220%	8h	1.5596	−0.205%	$24.6M	$71.7M	125x	as long as short
Kalshi KXXRPPERP	+0.0338%	8h	1.5628	0.000%	$1.9M	$32.0M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0372%	1h	1.5631	+0.019%	$1.8M	$977K	25x	as long as short
Phoenix XRPshort	+0.0516%	1h	1.5590	−0.243%	$69K	$90K	15x
RISEx XRP/USDC	+0.0527%	1h	1.5639	+0.069%	$409K	$531K	10x	as long as short
Aftermath Perps XRPUSD	+0.0589%	1h	1.5586	−0.272%	$1K	$11K	10x	as long as short
Hyperliquid XRP	+0.0649%	1h	1.5636	+0.054%	$289.4M	$195.5M	20x	as long as short