Funding spread now, next payment 17:00 UTC−0.0482%/8h
paid, last 24h−0.043%paid, last 7 days−0.162%to open and close $10k−$11
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.162% in total (about -8.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XRP | 1.5000 | 0.0582 | pay 0.0073% / 1h | 52m 16s | $265.2M | $157.1M | 20x |
| Short | MEXC XRP_USDT | 1.5008 | 0.0100 | get 0.0100% / 8h | 7h 52m | $292.2M | $727.3M | 300x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$101.2
- Slippage, 4 orders
- −$1.83
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$112.03
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 13 min ago; MEXC: live order book, 3 min ago.
Price risk
price view- Price gap now
- +0.053%
- Avg gap 7d
- −0.038%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 13 min ago | 0.33 bp | 4.8 bp −$5 | 6.3 bp −$63 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.33 bp | 0.3 bp $0 | 0.3 bp −$3 | 2.5 bp −$251 | 15.9 bp −$7,948 |
XRP on 50 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| GMX XRP/USD [ETH-USDC] | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | $1.1M | $103K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0003% | 1h | $219K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0017% | 1h | $8.3M | $20.0M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0051% | 8h | $187K | $736K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | $2.9M | $9.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | $484K | $1.9M | 20x | as long as short |
Hyperliquid XRP
MEXC XRP_USDT
GMX XRP/USD [ETH-USDC]
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Paradex XRP-USD-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Backpack XRP_USDC_PERP
Kraken Futures PF_XRPUSD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
RISEx XRP/USDC