XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.025%

Price spread now: Coinbase International against Extended+0.148%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$220.217% of the position

Long on Extended Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 3 days (all we have)−0.155%−$16 · spread now +0.148%, 7d avg +0.056%

Together, before fees−0.187%+ Points / potential airdropExtended: Active · farm board−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.092% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XRP-USD	1.5320	0.0104	pay 0.0013% / 1h	50m 42s	$2.1M	$7.2M	50x
Short	Coinbase International XRP-PERP-INTX	1.5343	0.0224	get 0.0028% / 1h	50m 42s	$5.8M	$46.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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 ExtendedbpFee Coinbase InternationalbpOrdersPrice spread, now +0.148%Rate

Funding earned: $25.2
Price spread: +0.148% → +0.056%: $9.21
Slippage, 4 orders: −$6.66
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $12.75
Costs to cover: 0.217%
Break-even: 3.5 days

Slippage from Extended: live order book, 3 min ago; Coinbase International: 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 Extended live order book, 3 min ago	0.32 bp	2.8 bp −$3	5.0 bp −$50	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	0.65 bp	7.5 bp −$8	10.0 bp −$100	22.3 bp −$2,225	doesn't fit

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	1.5357	+0.240%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5316	−0.029%	$1.1M	$113K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5334	+0.090%	$257K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0009% / S +0.0087%	1h	1.5334	+0.086%	$841K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5334	+0.090%	$9.3M	$25.6M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.565%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0061%	8h	1.5333	+0.083%	$75K	$910K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5324	+0.023%	$2.9M	$13.7M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5324	+0.024%	$512K	$3.2M	20x	as long as short
01 Exchange XRPUSD	+0.0096%	1h	1.5332	+0.076%	$8K	$8K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5327	+0.044%	$11K	$276K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5317	−0.020%	$478K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5340	+0.132%	$1.0M	$5.6M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5316	−0.030%	$38.7M	$83.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5322	+0.014%	$633K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5319	−0.008%	$538.7M	$2.07B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5321	+0.005%	$339.4M	$931.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5321	+0.005%	$125.1M	$880.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5320	−0.002%	$572K	$48K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5325	+0.031%	$116K	$709K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5337	+0.109%	$1.7M	$565K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5318	−0.015%	$373.9M	$148.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5318	−0.015%	$296.8M	$894.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5315	−0.036%	$108.6M	$167.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5319	−0.008%	$268.6M	$376.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5322	+0.011%	—	$123.5M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5329	+0.058%	$6.4M	$35.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5392	+0.466%	$668K	$106.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5387	+0.435%	$1.1M	$39.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5397	+0.501%	$1.0M	$906K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5338	+0.116%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5334	+0.090%	$48K	$459K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5336	+0.103%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5335	+0.095%	$826K	$82K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5341	+0.133%	$129K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5333	+0.083%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5328	+0.048%	$50.3M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5332	+0.076%	$54.5M	$29.8M	50x	as long as short
Extended XRP-USDlong	+0.0104%	1h	1.5320	long leg	$2.1M	$7.2M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5332	+0.076%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5332	+0.079%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5330	+0.063%	$23.9M	$74.5M	125x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0224%	1h	1.5343	+0.148%	$5.8M	$46.5M	50x
Kraken Futures PF_XRPUSD	+0.0244%	1h	1.5331	+0.069%	$14.6M	$70.6M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0256%	1h	1.5330	+0.063%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0296%	1h	1.5393	+0.472%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0318%	8h	1.5346	+0.168%	$2.0M	$35.3M	2.9x	as long as short
Hyperliquid XRP	+0.0445%	1h	1.5328	+0.050%	$290.7M	$215.6M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5400	+0.520%	$69K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0783%	1h	1.5364	+0.288%	$1K	$11K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5328	+0.052%	$506K	$755K	10x	as long as short