XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.024%

Price spread now: ApeX Omni against Deribit+0.033%74s7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$280.277% of the position

Long on Deribit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 4 days (all we have)−0.195%−$19 · spread now +0.033%, 7d avg +0.006%

Together, before fees−0.244%−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.027% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.006%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit XRP_USDC-PERPETUAL	1.5158	0.0014	pay 0.0002% / 1h	15m 34s	$7.8M	$25.5M	50x
Short	ApeX Omni XRPUSDT	1.5163	0.0100	get 0.0013% / 1h	15m 34s	$1.2M	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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 DeribitbpFee ApeX OmnibpOrdersPrice spread, now +0.033%Rate

Funding earned: $18.06
Price spread: +0.033% → +0.006%: $2.72
Slippage, 4 orders: −$10.72
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$6.93
Costs to cover: 0.277%
Break-even: 9.7 days

Slippage from Deribit: live order book, 4 min ago; ApeX Omni: live order book, 3 min ago.

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 Deribit live order book, 4 min ago	1.65 bp	5.6 bp −$6	8.4 bp −$84	120.8 bp −$12.1K	doesn't fit
Sell ApeX Omni live order book, 3 min ago	2.97 bp	8.0 bp −$8	14.5 bp −$145	doesn't fit	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	1.5160	+0.013%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5159	+0.006%	$1.1M	$115K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5152	−0.040%	$259K	—	150x	as long as short
Deribit XRP_USDC-PERPETUALlong	+0.0014%	1h	1.5158	long leg	$7.8M	$25.5M	50x
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5154	−0.024%	$14.4M	$74.6M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.652%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5152	−0.042%	$795K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5167	+0.061%	$2.8M	$14.8M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5168	+0.066%	$496K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5163	+0.033%	$9K	$351K	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	1.5156	−0.010%	$976K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5165	+0.044%	$38.9M	$85.7M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5167	+0.057%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5165	+0.046%	$535.5M	$2.16B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5165	+0.046%	$345.0M	$946.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5168	+0.066%	$126.0M	$884.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5163	+0.033%	$564K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5172	+0.092%	$137K	$721K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5164	+0.043%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5165	+0.046%	$372.4M	$156.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5163	+0.033%	$296.1M	$907.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5164	+0.039%	$109.3M	$178.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5167	+0.059%	$269.4M	$390.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5166	+0.053%	—	$127.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5151	−0.047%	$4.8M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5166	+0.056%	$659K	$110.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5154	−0.024%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDTshort	+0.0100%	1h	1.5163	+0.033%	$1.2M	$1.1M	50x
Vest XRP-PERP	+0.0100%	1h	1.5157	−0.008%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5159	+0.007%	$45K	$479K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5153	−0.032%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5153	−0.033%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5153	−0.030%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5156	−0.013%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5155	−0.020%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5158	0.000%	$49.5M	$15.8M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5163	+0.033%	$54.0M	$31.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5168	+0.064%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5164	+0.041%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5152	−0.040%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5173	+0.099%	$8K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5172	+0.092%	$5.7M	$48.1M	50x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5151	−0.045%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5163	+0.033%	$24.2M	$75.7M	125x	as long as short
Kalshi KXXRPPERP	+0.0242%	8h	1.5162	+0.026%	$1.9M	$35.3M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0251%	1h	1.5172	+0.092%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0280%	1h	1.5174	+0.106%	$17K	$82K	7x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5171	+0.086%	$517K	$776K	10x	as long as short
Hyperliquid XRP	+0.0408%	1h	1.5180	+0.145%	$298.3M	$251.4M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5190	+0.211%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0643%	1h	1.5171	+0.085%	$2K	$15K	10x	as long as short