XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.054%

Price spread now: Hotstuff against Derive+0.073%7-day average — · you sell dearer than you buy

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

Long on Derive Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hotstuff is 0.073% dearer against Derive than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive XRP-PERP	1.5167	0.0100	pay 0.0013% / 1h	23m 12s	$816K	$72K	10x
Short	Hotstuff XRP-PERP	1.5178	−0.0080	pay 0.0010% / 1h	23m 12s	$5K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Derive. 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 DerivebpFee HotstuffbpOrdersPrice spread, now +0.073%Rate

Funding earned: −$37.8
Price spread: +0.073% → 0.000%: $7.33
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$41.47
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample	—	—	—	—	—
Sell Hotstuff no order-book sample	—	—	—	—	—

Derive and 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	1.5178	+0.073%	$5K	$3K	20x
dYdX XRP-USD	0.0000%	1h	1.5163	−0.022%	$1.1M	$115K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5170	+0.021%	$7.8M	$25.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5167	+0.001%	$253K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5163	−0.023%	$14.4M	$74.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.592%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5167	+0.001%	$791K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5167	+0.004%	$2.9M	$14.7M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5165	−0.012%	$496K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5166	−0.006%	$9K	$348K	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	1.5166	−0.003%	$996K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5161	−0.039%	$38.7M	$85.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5171	+0.029%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5157	−0.065%	$534.4M	$2.15B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5157	−0.065%	$345.7M	$943.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5162	−0.032%	$126.6M	$883.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5147	−0.131%	$565K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5170	+0.021%	$131K	$708K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5164	−0.016%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5159	−0.052%	$371.2M	$156.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5157	−0.065%	$296.1M	$904.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5162	−0.031%	$109.1M	$177.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5157	−0.065%	$268.9M	$389.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5159	−0.052%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5187	+0.131%	$4.9M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5189	+0.143%	$660K	$110.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5166	−0.008%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5196	+0.192%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5167	+0.002%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5171	+0.027%	$45K	$477K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5166	−0.005%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5166	−0.006%	$62K	$934K	50x	as long as short
Derive XRP-PERPlong	+0.0100%	1h	1.5167	long leg	$816K	$72K	10x
SunX XRP-USDT	+0.0100%	8h	1.5172	+0.034%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5166	−0.006%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5169	+0.015%	$49.6M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5160	−0.045%	$53.9M	$31.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5170	+0.019%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5162	−0.031%	$2.0M	$6.7M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5165	−0.012%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5171	+0.027%	$8K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5175	+0.054%	$5.7M	$47.7M	50x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5166	−0.006%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5163	−0.026%	$24.2M	$75.6M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0259%	1h	1.5170	+0.021%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0280%	1h	1.5160	−0.048%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0302%	8h	1.5172	+0.034%	$1.9M	$35.1M	2.9x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5170	+0.021%	$517K	$776K	10x	as long as short
Hyperliquid XRP	+0.0405%	1h	1.5175	+0.054%	$299.0M	$246.8M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5190	+0.152%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0681%	1h	1.5191	+0.159%	$2K	$15K	10x	as long as short