XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%

Price spread now: SoDEX against Hotstuff−0.172%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. SoDEX is 0.172% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.172% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 3.2 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff XRP-PERP	1.5082	−0.0080	get 0.0010% / 1h	37m 59s	$5K	$3K	20x
Short	SoDEX XRP-USD	1.5056	0.0100	get 0.0013% / 1h	37m 59s	$29K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Hotstuff. 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 HotstuffbpFee SoDEXbpOrdersPrice spread, now −0.172%Rate

Funding earned: $37.8
Price spread: −0.172% → 0.000%: −$17.24
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $7.56
Costs to cover: 0.130%
Break-even: 5.6 days

Slippage unknown: Hotstuff: no order-book sample; SoDEX: live order book, 1 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 SoDEX live order book, 1 min ago	0.33 bp	4.3 bp −$4	7.8 bp −$78	doesn't fit	doesn't fit

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	1.5082	long leg	$5K	$3K	20x
dYdX XRP-USD	0.0000%	1h	1.5080	−0.017%	$1.1M	$120K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5110	+0.186%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5057	−0.166%	$251K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0024% / S +0.0063%	1h	1.5057	−0.165%	$826K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.169%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5051	−0.205%	$14.5M	$72.9M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0070%	8h	1.5058	−0.159%	$57K	$945K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5055	−0.180%	$2.8M	$14.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5058	−0.159%	$514K	$3.3M	20x	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	1.5068	−0.093%	$10K	$306K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5082	−0.003%	$792K	$5.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5066	−0.104%	$38.3M	$84.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5085	+0.017%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5084	+0.011%	$535.7M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5083	+0.007%	$338.8M	$944.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5087	+0.033%	$123.3M	$871.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5090	+0.053%	$562K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5083	+0.007%	$115K	$723K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5183	+0.669%	$1.6M	$305K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5076	−0.040%	$365.7M	$151.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5075	−0.046%	$286.7M	$905.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5075	−0.047%	$106.3M	$172.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5074	−0.053%	$264.6M	$386.2M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5074	−0.053%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5098	+0.107%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5152	+0.467%	$658K	$108.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5080	−0.012%	$1.1M	$38.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5163	+0.537%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5084	+0.014%	—	$12K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5080	−0.013%	$45K	$452K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5067	−0.099%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5061	−0.138%	$810K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5060	−0.147%	$126K	$1.8M	30x	as long as short
SoDEX XRP-USDshort	+0.0100%	1h	1.5056	−0.172%	$29K	$1.7M	10x
HTX XRP-USDT	+0.0100%	8h	1.5058	−0.156%	$49.3M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5058	−0.159%	$53.5M	$29.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5083	+0.007%	$470K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5070	−0.080%	$2.0M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5057	−0.162%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5074	−0.053%	$8K	$8K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0149%	1h	1.5057	−0.166%	$7.6M	$25.4M	50x	as long as short
Hyperliquid XRP	+0.0187%	1h	1.5078	−0.027%	$278.8M	$220.7M	20x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5078	−0.029%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5059	−0.152%	$5.7M	$46.4M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.736%	$24.0M	$75.2M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0328%	1h	1.5069	−0.086%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0328%	1h	1.5089	+0.044%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0340%	8h	1.5078	−0.027%	$2.1M	$36.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0456%	1h	1.5078	−0.025%	$534K	$783K	10x	as long as short
Aftermath Perps XRPUSD	+0.0812%	1h	1.5117	+0.229%	$2K	$14K	10x	as long as short