XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.026%

Price spread now: Variational Omni against Coinbase International−0.124%7-day average −0.047% · you buy dearer than you sell

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

Long on Coinbase International Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.042%−$4 on $10k

Price spread, last 3 days (all we have)−0.094%−$9 · spread now −0.124%, 7d avg −0.047%

Together, before fees−0.136%+ Points / potential airdropVariational Omni: Active · farm board−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.076% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.047%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International XRP-PERP-INTX	1.5371	0.0224	pay 0.0028% / 1h	26m 02s	$5.8M	$46.5M	50x
Short	Variational Omni XRP	1.5352	0.0100	get 0.0100% / 8h	7h 26m	$6.3M	$35.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.124%Rate

Funding earned: −$26.04
Price spread: −0.124% → −0.047%: −$7.64
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$43.68
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 3 min ago; Variational Omni: RFQ quote, 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 Coinbase International live order book, 3 min ago	0.33 bp	8.5 bp −$8	10.2 bp −$102	21.0 bp −$2,098	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	2.02 bp	doesn't fit	5.5 bp −$55	24.5 bp −$2,452	doesn't fit

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	1.5335	−0.234%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5347	−0.156%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5352	−0.124%	$257K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0015% / S +0.0078%	1h	1.5351	−0.127%	$841K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.230%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0062%	8h	1.5360	−0.072%	$58K	$935K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0076%	1h	1.5365	−0.039%	$9.3M	$25.1M	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5351	−0.130%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5365	−0.036%	$2.8M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5364	−0.046%	$515K	$3.2M	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	1.5348	−0.150%	$10K	$279K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5360	−0.072%	$479K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5354	−0.113%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5364	−0.044%	$38.8M	$83.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5350	−0.139%	$621K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5360	−0.070%	$541.8M	$2.05B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5357	−0.091%	$342.3M	$919.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5358	−0.085%	$124.9M	$868.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5316	−0.358%	$571K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5352	−0.124%	$118K	$711K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5334	−0.238%	$1.7M	$381K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5358	−0.085%	$374.8M	$149.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5358	−0.085%	$312.2M	$904.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5362	−0.061%	$109.0M	$165.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5358	−0.085%	$268.7M	$374.9M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5358	−0.085%	—	$123.4M	—	as long as short
Variational Omni XRPshort	+0.0100%	8h	1.5352	−0.124%	$6.3M	$35.5M	—
edgeX XRPUSDC	+0.0100%	4h	1.5322	−0.319%	$665K	$107.2M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5334	−0.241%	$1.1M	$38.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5331	−0.260%	$1.2M	$996K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5343	−0.179%	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5352	−0.124%	$49K	$441K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5354	−0.111%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5363	−0.053%	$827K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5354	−0.111%	$129K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5363	−0.052%	$30K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5368	−0.020%	$50.4M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5360	−0.072%	$54.6M	$29.5M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5353	−0.116%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5360	−0.069%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5348	−0.148%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5341	−0.195%	$24.0M	$73.7M	125x	as long as short
Coinbase International XRP-PERP-INTXlong	+0.0224%	1h	1.5371	long leg	$5.8M	$46.5M	50x
Kraken Futures PF_XRPUSD	+0.0243%	1h	1.5364	−0.049%	$14.5M	$70.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0296%	1h	1.5369	−0.013%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0310%	8h	1.5359	−0.078%	$2.0M	$34.7M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0320%	1h	1.5337	−0.220%	$17K	$81K	7x	as long as short
Hyperliquid XRP	+0.0393%	1h	1.5371	0.000%	$289.8M	$215.3M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5340	−0.202%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0804%	1h	1.5338	−0.214%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5354	−0.109%	$507K	$754K	10x	as long as short