Funding you earn now, next payment 08:00 UTC+0.0158%/8h= +17.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.071%
Price spread now: Kraken Futures against Hotstuff+0.057%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.057% dearer against Hotstuff than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff XRP-PERP | 1.5194 | −0.0080 | get 0.0010% / 1h | 50m 10s | $5K | $3K | 20x |
| Short | Kraken Futures PF_XRPUSD | 1.5203 | 0.0078 | get 0.0010% / 1h | 50m 10s | $14.5M | $73.8M | 50x |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Hotstuff. 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
- $33.16
- Price spread: +0.057% → 0.000%
- $5.73
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $23.89
- Costs to cover
- 0.150%
- Break-even
- 2.0 days
Slippage unknown: Hotstuff: no order-book sample; Kraken Futures: live order book, 4 min ago. 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 2.63 bp | 9.9 bp −$10 | 13.0 bp −$130 | 22.3 bp −$2,235 | 47.6 bp −$23.8K |
Hotstuff: 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-PERPlong | −0.0080% | 1h | 1.5194 | long leg | $5K | $3K | 20x | |
| dYdX XRP-USD | 0.0000% | 1h | 1.5220 | +0.173% | $1.1M | $148K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5205 | +0.072% | $7.8M | $24.3M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5190 | −0.026% | $246K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.409% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSDshort | +0.0078% | 1h | 1.5203 | +0.057% | $14.5M | $73.8M | 50x | |
| Lighter XRP | +0.0096% | 1h | 1.5206 | +0.079% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5207 | +0.086% | $549K | $3.1M | 20x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0097% / S −0.0054% | 1h | 1.5190 | −0.029% | $784K | — | 200x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5187 | −0.046% | $10K | $371K | 20x | as long as short |
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
GMX XRP/USD [ETH-USDC]
Katana Perps XRP-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5187 | −0.043% | $1.0M | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5203 | +0.059% | $38.6M | $87.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5192 | −0.011% | $613K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5204 | +0.066% | $532.5M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5201 | +0.046% | $349.6M | $959.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5204 | +0.066% | $127.6M | $882.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5190 | −0.026% | $566K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5198 | +0.026% | $144K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5191 | −0.023% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5202 | +0.053% | $379.0M | $159.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5205 | +0.072% | $313.5M | $917.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5204 | +0.064% | $107.1M | $184.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5200 | +0.039% | $268.8M | $393.8M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5203 | +0.059% | — | $107.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5190 | −0.029% | $4.9M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5199 | +0.035% | $660K | $113.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5223 | +0.193% | $1.1M | $35.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5209 | +0.099% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5198 | +0.026% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5190 | −0.026% | $50K | $510K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5191 | −0.020% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5197 | +0.020% | $75K | $686K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5200 | +0.038% | $818K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5195 | +0.004% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5204 | +0.066% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5190 | −0.028% | $49.6M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5206 | +0.079% | $54.3M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5189 | −0.031% | $474K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5195 | +0.009% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5200 | +0.042% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0128% | 1h | 1.5202 | +0.055% | $17K | $79K | 7x | as long as short |
| 01 Exchange XRPUSD | +0.0136% | 1h | 1.5195 | +0.007% | $8K | $2K | 10x | as long as short |
| Backpack XRP_USDC_PERP | +0.0161% | 1h | 1.5214 | +0.132% | $2.0M | $1.4M | 25x | as long as short |
| Hyperliquid XRP | +0.0165% | 1h | 1.5217 | +0.151% | $289.8M | $267.4M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5205 | +0.072% | $5.6M | $48.2M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0213% | 8h | 1.5203 | +0.059% | $1.7M | $34.6M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5186 | −0.050% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5194 | 0.000% | $23.7M | $77.9M | 125x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5194 | −0.003% | $528K | $803K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5210 | +0.105% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0667% | 1h | 1.5204 | +0.067% | $2K | $16K | 10x | as long as short |
Nado XRP-PERP
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-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
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
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
01 Exchange XRPUSD
Backpack XRP_USDC_PERP
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD