Funding you earn now, next payment 02:00 UTC−0.0035%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.072%
Price spread now: 01 Exchange against Hyperliquid−0.106%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.106% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XRP | 1.5126 | 0.0171 | pay 0.0021% / 1h | 42m 29s | $280.0M | $223.8M | 20x |
| Short | 01 Exchange XRPUSD | 1.5110 | 0.0136 | get 0.0017% / 1h | 42m 29s | $8K | $8K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Hyperliquid. 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
- −$7.41
- Price spread: −0.106% → 0.000%
- −$10.58
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$33.98
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 12 min ago; 01 Exchange: no order-book sample. 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 Hyperliquid live order book, 12 min ago | 0.66 bp | 5.5 bp −$6 | 7.5 bp −$75 | 13.1 bp −$1,307 | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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-PERP | −0.0080% | 1h | 1.5114 | −0.079% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5109 | −0.112% | $1.1M | $120K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5160 | +0.225% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5139 | +0.087% | $253K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0023% / S +0.0065% | 1h | 1.5142 | +0.109% | $830K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.869% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0040% | 1h | 1.5135 | +0.061% | $14.6M | $72.4M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0069% | 8h | 1.5137 | +0.073% | $57K | $945K | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5139 | +0.086% | $9.0M | $25.0M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5113 | −0.086% | $2.8M | $14.1M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5115 | −0.073% | $517K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5105 | −0.139% | $10K | $306K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5117 | −0.056% | $880K | $5.8M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5112 | −0.091% | $38.3M | $84.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5116 | −0.069% | $609K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5110 | −0.107% | $534.9M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5107 | −0.126% | $336.4M | $939.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5109 | −0.112% | $123.6M | $869.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5084 | −0.278% | $564K | $27K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5115 | −0.073% | $115K | $723K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5183 | +0.376% | $1.6M | $305K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5109 | −0.112% | $367.5M | $150.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5114 | −0.079% | $291.0M | $900.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5112 | −0.094% | $108.0M | $171.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5106 | −0.132% | $264.1M | $384.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5108 | −0.119% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5155 | +0.193% | $6.2M | $35.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5178 | +0.345% | $660K | $108.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5150 | +0.158% | $1.1M | $38.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5185 | +0.390% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5117 | −0.058% | — | $12K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5152 | +0.172% | $45K | $453K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5150 | +0.161% | $41K | $69K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5139 | +0.088% | $815K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5155 | +0.191% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5139 | +0.086% | $29K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5135 | +0.058% | $49.6M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5130 | +0.026% | $53.7M | $29.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5113 | −0.087% | $471K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5102 | −0.160% | $2.0M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5136 | +0.069% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSDshort | +0.0136% | 1h | 1.5110 | −0.106% | $8K | $8K | 10x | |
| Hyperliquid XRPlong | +0.0171% | 1h | 1.5126 | long leg | $280.0M | $223.8M | 20x | |
| Reya XRPRUSDPERP | +0.0214% | 1h | 1.5148 | +0.148% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5145 | +0.126% | $5.7M | $46.5M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5193 | +0.443% | $24.0M | $75.2M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0328% | 1h | 1.5141 | +0.102% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0335% | 8h | 1.5156 | +0.198% | $2.1M | $36.0M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0358% | 1h | 1.5134 | +0.053% | $1.9M | $1.3M | 25x | as long as short |
| RISEx XRP/USDC | +0.0456% | 1h | 1.5110 | −0.104% | $535K | $782K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0797% | 1h | 1.5163 | +0.248% | $2K | $14K | 10x | as long as short |
Hyperliquid XRP
01 Exchange XRPUSD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Deribit XRP_USDC-PERPETUAL
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
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
Extended XRP-USD
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
RISEx XRP/USDC
Aftermath Perps XRPUSD