XRP

Alert

Funding spread now, next payment 17:00 UTC−0.0412%/8h

next payment, per $10,000−$0.51paid, last 24h−0.044%paid, last 7 days−0.080%to open and close $10k−$20

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.080% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.51 per $10,000. 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	1.4897	0.0512	pay 0.0064% / 1h	6m 49s	$263.0M	$150.6M	20x
Short	Pacifica XRP	1.4891	0.0100	get 0.0013% / 1h	6m 49s	$657K	$1.0M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee PacificabpOrdersRate

Funding earned: −$86.46
Slippage, 4 orders: −$3.26
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$106.72
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 9 min ago; Pacifica: live order book, 3 min ago.

Price risk

price view

Price gap now: −0.040%
Avg gap 7d: −0.048%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Hyperliquid live order book, 9 min ago	0.34 bp	4.8 bp −$5	6.5 bp −$65	doesn't fit	doesn't fit
Sell Pacifica live order book, 3 min ago	1.01 bp	5.0 bp −$5	doesn't fit	doesn't fit	doesn't fit

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 −0.0208% / 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	$96K	10x	as long as short
Phoenix XRP	0.0000%	1h	$68K	$86K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	$8.2M	$19.4M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0003%	1h	$217K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	$2K	$63K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0049%	8h	$183K	$774K	50x	as long as short
Lighter XRP	+0.0096%	1h	$2.8M	$9.3M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	$447K	$2.2M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	$13K	$236K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	$466K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	$1.1M	$4.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	$37.8M	$65.2M	100x	as long as short
Pacifica XRPshort	+0.0100%	1h	$657K	$1.0M	20x
Binance XRPUSDT	+0.0100%	8h	$522.8M	$1.65B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	$330.4M	$739.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	$123.9M	$754.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	$556K	$48K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	$117K	$595K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	$345.4M	$124.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	$295.2M	$757.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	$113.7M	$134.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	$256.4M	$308.1M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	—	$3.6M	—	as long as short
Variational Omni XRP	+0.0100%	8h	$5.2M	$17.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	$647K	$86.5M	30x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	$1.0M	$819K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	$62K	$384K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	$41K	$57K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	$802K	$65K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	$125K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	$49.1M	$13.2M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	$53.8M	$26.2M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	$1.6M	$257K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	$1.9M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	$72K	$39K	3x	as long as short
Hibachi XRP/USDT-P	+0.0128%	1h	$19K	$30K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0145%	1h	$1.6M	$896K	25x	as long as short
01 Exchange XRPUSD	+0.0192%	1h	$8K	$8K	10x	as long as short
Kalshi KXXRPPERP	+0.0195%	8h	$1.8M	$32.8M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0206%	1h	$1.3M	$15K	15x	as long as short
Kraken Futures PF_XRPUSD	+0.0218%	1h	$16.5M	$43.2M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	$23.0M	$56.8M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0240%	1h	$5.1M	$36.9M	50x	as long as short
Hyperliquid XRPlong	+0.0512%	1h	$263.0M	$150.6M	20x
Aftermath Perps XRPUSD	+0.0594%	1h	$1K	$9K	10x	as long as short
RISEx XRP/USDC	+0.0621%	1h	$375K	$438K	10x	as long as short