XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0239%/8h= +26.2% APRnext payment +$0.30 per $10,000 · paid last 24h +0.140%

Price spread now: RISEx against dYdX−0.094%55s7-day average +0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$480.475% of the position

Long on dYdX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.459%+$46 on $10k

Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.094%, 7d avg +0.045%

Together, before fees+0.643%+$64 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.140% cheaper against dYdX than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of +0.045%). If the spread goes back, that is −$14 on $10k: about 47 hours of funding at the current rate (+$7 a day). The two prices were read 55 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	dYdX XRP-USD	1.5299	0	get 0.0000% / 1h	43m 49s	$1.1M	$154K	10x
Short	RISEx XRP/USDC	1.5285	0.0239	get 0.0030% / 1h	43m 49s	$513K	$736K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.094%Rate

Funding earned: $50.28
Price spread: −0.094% → +0.045%: −$13.98
Slippage, 4 orders: −$31.52
Fee dYdX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$11.23
Costs to cover: 0.475%
Break-even: 8.6 days

Slippage from dYdX: live order book, 3 min ago; RISEx: 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 dYdX live order book, 3 min ago	15.01 bp	20.0 bp −$20	20.0 bp −$200	24.2 bp −$2,416	80.3 bp −$40.2K
Sell RISEx live order book, 3 min ago	0.75 bp	3.8 bp −$4	6.6 bp −$66	doesn't fit	doesn't fit

XRP on 50 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	1.5350	+0.332%	$5K	$4K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0062%	1h	1.5307	+0.051%	$14.0M	$70.4M	50x	as long as short
dYdX XRP-USDlong	0.0000%	1h	1.5299	long leg	$1.1M	$154K	10x
Phoenix XRP	0.0000%	1h	1.5340	+0.267%	$69K	$108K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5302	+0.018%	$7.8M	$21.0M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5286	−0.085%	$242K	—	150x	as long as short
01 Exchange XRPUSD	+0.0008%	1h	1.5278	−0.138%	$9K	$987	10x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.705%	$2K	$107K	30x	as long as short
SoDEX XRP-USD	+0.0081%	1h	1.5300	+0.005%	$29K	$1.5M	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5302	+0.019%	$2.8M	$14.1M	20x	as long as short

Show all 50 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5306	+0.045%	$598K	$3.1M	20x	as long as short
Hibachi XRP/USDT-P	+0.0096%	1h	1.5285	−0.093%	$17K	$76K	7x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5281	−0.118%	$477K	$47K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5276	−0.151%	$10K	$399K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5278	−0.135%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5314	+0.097%	$298.1M	$267.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5299	−0.001%	$39.2M	$81.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5281	−0.116%	$590K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5300	+0.005%	$533.3M	$2.08B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5295	−0.027%	$360.7M	$885.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5300	+0.005%	$124.3M	$834.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5279	−0.132%	$562K	$36K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5286	−0.086%	$164K	$682K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5314	+0.098%	$1.6M	$26K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5301	+0.012%	$380.0M	$156.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5301	+0.012%	$309.6M	$893.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5301	+0.011%	$105.2M	$181.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5303	+0.025%	$271.5M	$356.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5301	+0.012%	—	$99.5M	—	as long as short
Backpack XRP_USDC_PERP	+0.0100%	1h	1.5316	+0.110%	$2.0M	$1.2M	25x	as long as short
Variational Omni XRP	+0.0100%	8h	1.5309	+0.062%	$5.0M	$38.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5313	+0.093%	$665K	$109.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5321	+0.140%	$1.1M	$30.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5317	+0.117%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5288	−0.071%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5286	−0.086%	$52K	$474K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5291	−0.051%	$41K	$65K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5300	+0.005%	$83K	$613K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5301	+0.014%	$128K	$1.5M	30x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5298	−0.007%	$49.9M	$14.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5310	+0.071%	$54.6M	$33.3M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5294	−0.031%	$2.2M	$6.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5293	−0.037%	$59K	$25K	3x	as long as short
Coinbase International XRP-PERP-INTX	+0.0112%	1h	1.5302	+0.018%	$5.5M	$43.7M	50x	as long as short
Kalshi KXXRPPERP	+0.0134%	8h	1.5296	−0.021%	$1.9M	$35.1M	2.9x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0211% / S −0.0510%	1h	1.5283	−0.103%	$822K	—	200x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5281	−0.119%	$23.9M	$78.0M	125x	as long as short
Reya XRPRUSDPERP	+0.0223%	1h	1.5279	−0.132%	$1.4M	$1K	15x	as long as short
RISEx XRP/USDCshort	+0.0239%	1h	1.5285	−0.094%	$513K	$736K	10x
Aftermath Perps XRPUSD	+0.0450%	1h	1.5323	+0.155%	$3K	$13K	10x	as long as short