Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h +0.021%
Price spread now: Katana Perps against edgeX+0.232%7-day average −0.010% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.114%+$11 on $10k
+Price spread, last 7 days−0.318%−$32 · spread now +0.232%, 7d avg −0.010%
=Together, before fees−0.205%+ Points / potential airdropedgeX: Active · farm board−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.242% dearer against edgeX than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XRPUSDC | 1.4951 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $649K | $112.8M | 30x |
| Short | Katana Perps XRP-USD | 1.4986 | 0.0099 | get 0.0099% / 8h | 2h 24m | $10K | $363K | 20x |
edgeX XRPUSDC
Katana Perps XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against edgeX. 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
- −$0.25
- Price spread: +0.232% → −0.010%
- $24.2
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- $11.15
- Costs to cover
- 0.128%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 4 min ago; Katana Perps: 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 edgeX live order book, 4 min ago | 1.33 bp | 5.8 bp −$6 | 5.8 bp −$58 | 9.5 bp −$953 | doesn't fit |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Katana Perps: 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-PERP | −0.0080% | 1h | 1.4943 | −0.055% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.4994 | +0.289% | $14.1M | $75.1M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.4997 | +0.308% | $1.1M | $130K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.4980 | +0.192% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.4994 | +0.285% | $243K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +4.072% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.4993 | +0.280% | $788K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.4996 | +0.299% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0084% | 1h | 1.4997 | +0.306% | $7.6M | $25.7M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5000 | +0.325% | $2.8M | $15.0M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5001 | +0.333% | $543K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USDshort | +0.0099% | 8h | 1.4986 | +0.232% | $10K | $363K | 20x | |
| Nado XRP-PERP | +0.0100% | 1h | 1.4989 | +0.249% | $952K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5008 | +0.380% | $285.7M | $260.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.4998 | +0.313% | $38.2M | $87.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5002 | +0.340% | $600K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5001 | +0.334% | $525.0M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5002 | +0.339% | $341.1M | $964.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5002 | +0.339% | $124.3M | $877.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.4996 | +0.299% | $556K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5000 | +0.326% | $143K | $719K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5027 | +0.506% | $1.6M | $4K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.4988 | +0.246% | $367.9M | $159.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5003 | +0.346% | $278.0M | $919.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.4999 | +0.320% | $104.7M | $181.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.4996 | +0.299% | $263.5M | $397.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.4998 | +0.313% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.4960 | +0.059% | $4.7M | $38.4M | — | as long as short |
| edgeX XRPUSDClong | +0.0100% | 4h | 1.4951 | long leg | $649K | $112.8M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5001 | +0.331% | $1.1M | $37.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.4945 | −0.042% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5000 | +0.326% | $51K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.4996 | +0.299% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.4995 | +0.293% | $61K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.4993 | +0.282% | $807K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5002 | +0.336% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.4996 | +0.299% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.4990 | +0.257% | $49.0M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.4989 | +0.252% | $53.5M | $32.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5012 | +0.404% | $468K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.4991 | +0.265% | — | $15K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.4982 | +0.204% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.4995 | +0.290% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0148% | 8h | 1.4991 | +0.266% | $1.6M | $35.8M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0162% | 1h | 1.4991 | +0.266% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5000 | +0.326% | $5.5M | $48.1M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0208% | 1h | 1.4939 | −0.084% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.4993 | +0.281% | $1.3M | $6K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.4995 | +0.293% | $23.3M | $76.3M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5001 | +0.333% | $512K | $782K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0619% | 1h | 1.5001 | +0.333% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
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-USDC
Variational Omni XRP
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD