XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Pacifica against dYdX+0.053%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$390.388% of the position

Long on dYdX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.201%+$20 on $10k

Price spread, last 7 days−0.001%$0 · spread now +0.053%, 7d avg +0.008%

Together, before fees+0.199%+ Points / potential airdropPacifica: Active · farm board+$20 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 Pacifica is 0.044% dearer against dYdX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XRP-USD	1.5317	0	get 0.0000% / 1h	6m 46s	$1.1M	$154K	10x
Short	Pacifica XRP	1.5325	0.0100	get 0.0013% / 1h	6m 46s	$589K	$987K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against dYdX. 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 dYdXbpFee PacificabpOrdersPrice spread, now +0.053%Rate

Funding earned: $21
Price spread: +0.053% → +0.008%: $4.44
Slippage, 4 orders: −$20.82
Fee dYdX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$13.38
Costs to cover: 0.388%
Break-even: 11.5 days

Slippage from dYdX: live order book, just now; Pacifica: live order book, just now.

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, just now	9.14 bp	14.1 bp −$14	14.1 bp −$141	34.0 bp −$3,396	81.3 bp −$40.6K
Sell Pacifica live order book, just now	0.65 bp	5.9 bp −$6	8.9 bp −$89	doesn't fit	doesn't fit

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	1.5395	+0.510%	$5K	$4K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0062%	1h	1.5322	+0.031%	$13.8M	$69.3M	50x	as long as short
dYdX XRP-USDlong	0.0000%	1h	1.5317	long leg	$1.1M	$154K	10x
01 Exchange XRPUSD	0.0000%	1h	1.5312	−0.032%	$9K	$987	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5290	−0.176%	$68K	$108K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5318	+0.007%	$7.7M	$20.2M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5296	−0.135%	$242K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.587%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0088%	1h	1.5283	−0.221%	$17K	$70K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5323	+0.039%	$2.8M	$14.2M	20x	as long as short

Show all 51 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5328	+0.072%	$599K	$3.2M	20x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5310	−0.045%	$477K	$47K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5303	−0.091%	$10K	$410K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5305	−0.081%	$837K	$6.0M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5335	+0.118%	$297.4M	$264.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5321	+0.027%	$38.9M	$79.9M	100x	as long as short
Pacifica XRPshort	+0.0100%	1h	1.5325	+0.053%	$589K	$987K	20x
Binance XRPUSDT	+0.0100%	8h	1.5321	+0.025%	$532.8M	$2.04B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5320	+0.020%	$361.2M	$860.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5319	+0.013%	$124.1M	$823.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5267	−0.326%	$561K	$37K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5311	−0.039%	$163K	$694K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5282	−0.227%	$1.6M	$66K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5321	+0.027%	$377.6M	$161.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5321	+0.027%	$315.9M	$908.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5320	+0.020%	$104.9M	$180.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5323	+0.040%	$271.3M	$350.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5315	−0.013%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5273	−0.289%	$4.9M	$38.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5277	−0.258%	$664K	$106.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5299	−0.117%	$1.1M	$32.7M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5287	−0.195%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5310	−0.048%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5312	−0.032%	$52K	$470K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5312	−0.032%	$41K	$64K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5315	−0.013%	$83K	$601K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5303	−0.091%	$823K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5321	+0.025%	$128K	$1.5M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5316	−0.006%	$32K	$1.4M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5299	−0.116%	$49.9M	$13.2M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5316	−0.006%	$54.6M	$33.1M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5314	−0.022%	$2.2M	$6.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5311	−0.040%	$59K	$25K	3x	as long as short
Coinbase International XRP-PERP-INTX	+0.0112%	1h	1.5320	+0.020%	$5.5M	$42.6M	50x	as long as short
Kalshi KXXRPPERP	+0.0117%	8h	1.5317	0.000%	$1.9M	$35.4M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0152%	1h	1.5329	+0.079%	$2.0M	$1.2M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5313	−0.026%	$23.7M	$77.5M	125x	as long as short
Reya XRPRUSDPERP	+0.0224%	1h	1.5295	−0.146%	$1.4M	$1K	15x	as long as short
RISEx XRP/USDC	+0.0239%	1h	1.5313	−0.025%	$506K	$723K	10x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0244% / S −0.0469%	1h	1.5316	−0.005%	$885K	—	200x	as long as short
Aftermath Perps XRPUSD	+0.0364%	1h	1.5292	−0.162%	$3K	$13K	10x	as long as short