Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.027%
Price spread now: Derive against dYdX+0.001%7-day average −0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.219%+$22 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.001%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XRP-USD | 1.5295 | 0 | get 0.0000% / 1h | 45m 23s | $1.1M | $154K | 10x |
| Short | Derive XRP-PERP | 1.5295 | 0.0100 | get 0.0013% / 1h | 45m 23s | $823K | $81K | 10x |
dYdX XRP-USD
Derive XRP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against dYdX. 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
- $21
- Price spread: +0.001% → −0.013%
- $1.44
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $6.44
- Costs to cover
- 0.160%
- Break-even
- 4.9 days
Slippage unknown: dYdX: live order book, 2 min ago; Derive: 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 dYdX live order book, 2 min ago | 33.35 bp | 38.4 bp −$38 | 38.4 bp −$384 | 90.5 bp −$9,048 | 214.7 bp −$107.3K |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 exchanges
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 | 1.5360 | +0.425% | $5K | $2K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0077% | 1h | 1.5298 | +0.021% | $13.7M | $68.5M | 50x | as long as short |
| dYdX XRP-USDlong | 0.0000% | 1h | 1.5295 | long leg | $1.1M | $154K | 10x | |
| Phoenix XRP | 0.0000% | 1h | 1.5290 | −0.033% | $68K | $102K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5297 | +0.013% | $7.6M | $19.9M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5291 | −0.027% | $242K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.732% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5299 | +0.026% | $9K | $987 | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0080% | 1h | 1.5294 | −0.004% | $17K | $68K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5291 | −0.027% | $2.7M | $13.5M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Lighter XRPShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5292 | −0.020% | $573K | $3.1M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0096% | 1h | 1.5285 | −0.066% | $5.5M | $41.6M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5292 | −0.021% | $477K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5286 | −0.059% | $10K | $412K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5295 | +0.003% | $849K | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5306 | +0.072% | $297.5M | $261.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5290 | −0.030% | $39.0M | $79.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5295 | −0.003% | $590K | $978K | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5291 | −0.026% | $532.0M | $2.02B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5293 | −0.013% | $361.3M | $854.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5292 | −0.020% | $123.6M | $817.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5259 | −0.236% | $561K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5293 | −0.013% | $161K | $692K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5288 | −0.043% | $1.6M | $66K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5292 | −0.020% | $375.7M | $156.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5293 | −0.013% | $317.2M | $879.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5296 | +0.004% | $104.0M | $180.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5292 | −0.020% | $270.1M | $347.2M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5290 | −0.033% | — | $94.9M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5263 | −0.212% | $4.9M | $37.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5240 | −0.358% | $662K | $105.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5289 | −0.040% | $1.1M | $32.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5262 | −0.216% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5295 | +0.001% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5299 | +0.026% | $50K | $471K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5289 | −0.037% | $41K | $64K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5293 | −0.013% | $83K | $602K | 50x | as long as short |
| Derive XRP-PERPshort | +0.0100% | 1h | 1.5295 | +0.001% | $823K | $81K | 10x | |
| SunX XRP-USDT | +0.0100% | 8h | 1.5298 | +0.021% | $128K | $1.4M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5294 | −0.007% | $30K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5265 | −0.200% | $49.7M | $13.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5282 | −0.085% | $54.6M | $33.2M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5286 | −0.056% | $2.2M | $5.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5284 | −0.072% | $59K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0109% | 8h | 1.5288 | −0.046% | $1.9M | $35.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0157% | 1h | 1.5301 | +0.039% | $2.0M | $1.2M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5288 | −0.046% | $23.8M | $77.3M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0224% | 1h | 1.5290 | −0.034% | $1.4M | $1K | 15x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0262% / S −0.0526% | 1h | 1.5290 | −0.033% | $881K | — | 200x | as long as short |
| RISEx XRP/USDC | +0.0300% | 1h | 1.5297 | +0.016% | $506K | $723K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0392% | 1h | 1.5288 | −0.043% | $3K | $13K | 10x | as long as short |
Lighter RH XRP
Coinbase International XRP-PERP-INTX
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
GMX XRP/USD [ETH-USDC]
RISEx XRP/USDC
Aftermath Perps XRPUSD