Funding you earn now, next payment 04:00 UTC−0.0175%/8h= −19.1% APRnext payment −$0.22 per $10,000 · paid last 24h +0.021%
Price spread now: Kraken Futures against Extended+0.028%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)−0.258%−$26 · spread now +0.028%, 7d avg +0.035%
=Together, before fees−0.265%+ Points / potential airdropExtended: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XRP-USD | 1.5129 | 0.0104 | pay 0.0013% / 1h | 35m 15s | $2.0M | $6.8M | 50x |
| Short | Kraken Futures PF_XRPUSD | 1.5133 | −0.0071 | pay 0.0009% / 1h | 35m 15s | $14.3M | $73.8M | 50x |
Extended XRP-USD
Kraken Futures PF_XRPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$36.71
- Price spread: +0.028% → +0.035%
- −$0.65
- Slippage, 4 orders
- −$8.24
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$60.61
- Costs to cover
- 0.232%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; Kraken Futures: live order book, 4 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, 4 min ago | 0.33 bp | 2.8 bp −$3 | 5.2 bp −$52 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 0.66 bp | 8.3 bp −$8 | 11.6 bp −$116 | 20.9 bp −$2,086 | 45.1 bp −$22.5K |
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 | 1.5122 | −0.045% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSDshort | −0.0071% | 1h | 1.5133 | +0.028% | $14.3M | $73.8M | 50x | |
| dYdX XRP-USD | 0.0000% | 1h | 1.5146 | +0.111% | $1.1M | $114K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5160 | +0.207% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5130 | +0.010% | $253K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.851% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0040% / S +0.0029% | 1h | 1.5130 | +0.006% | $788K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5143 | +0.094% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5136 | +0.048% | $7.7M | $25.5M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0082% | 8h | 1.5133 | +0.028% | $62K | $934K | 50x | as long as short |
Hotstuff XRP-PERP
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
Orderly PERP_XRP_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5136 | +0.048% | $2.8M | $14.6M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5137 | +0.055% | $496K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0097% | 8h | 1.5135 | +0.041% | $9K | $324K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5143 | +0.097% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5143 | +0.094% | $281.1M | $225.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5132 | +0.019% | $38.3M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5141 | +0.081% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5133 | +0.028% | $533.2M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5133 | +0.028% | $344.4M | $932.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5135 | +0.041% | $125.9M | $874.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5140 | +0.074% | $564K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5137 | +0.055% | $110K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5146 | +0.112% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5133 | +0.028% | $369.0M | $153.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5132 | +0.021% | $289.4M | $898.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5131 | +0.016% | $107.7M | $174.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5131 | +0.015% | $267.7M | $384.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5130 | +0.008% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5103 | −0.171% | $5.4M | $37.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5150 | +0.140% | $659K | $108.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5145 | +0.107% | $1.1M | $35.6M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5142 | +0.088% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5140 | +0.074% | $44K | $453K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5132 | +0.023% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5133 | +0.028% | $814K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5145 | +0.109% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5133 | +0.028% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5121 | −0.049% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5135 | +0.041% | $54.0M | $30.6M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5136 | +0.049% | $472K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5134 | +0.035% | — | $11K | 10x | as long as short |
| Extended XRP-USDlong | +0.0104% | 1h | 1.5129 | long leg | $2.0M | $6.8M | 50x | |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5131 | +0.014% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0160% | 1h | 1.5108 | −0.140% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0161% | 1h | 1.5143 | +0.094% | $1.9M | $1.3M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5139 | +0.068% | $5.6M | $47.1M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5131 | +0.016% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5134 | +0.035% | $24.1M | $76.0M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0314% | 8h | 1.5135 | +0.041% | $2.1M | $34.5M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5144 | +0.099% | $516K | $778K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0651% | 1h | 1.5147 | +0.121% | $2K | $15K | 10x | as long as short |
Lighter XRP
Lighter RH XRP
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-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Vest XRP-PERP
Aevo XRP-PERP
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD