XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.018%

Price spread now: ApeX Omni against Injective−1.999%7-day average +0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$316as in the Price arb table

costs, in and out, $10k−$1121.123% of the position

Long on Injective Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 4 days (all we have)+2.356%+$236 · spread now −1.999%, 7d avg +0.035%

Together, before fees+2.282%+$228 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 2.034% cheaper against Injective than usual: you would sell low and buy high (spread −1.999% now, against its 7-day average of +0.035%). If the spread goes back, that is −$203 on $10k: about 3 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.074%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective XRP/USDC PERP	1.5560	0.0033	pay 0.0004% / 1h	21m 12s	$2K	$107K	30x
Short	ApeX Omni XRPUSDT	1.5249	0.0100	get 0.0013% / 1h	21m 12s	$1.2M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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 InjectivebpFee ApeX OmnibpOrdersPrice spread, now −1.999%Rate

Funding earned: $14
Price spread: −1.999% → +0.035%: −$203.37
Slippage, 4 orders: −$102.28
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$301.67
Costs to cover: 1.123%
Break-even: 157.8 days

Slippage from Injective: live order book, 12 min ago; ApeX Omni: live order book, 3 min ago.

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 Injective live order book, 12 min ago	36.22 bp	36.2 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 3 min ago	4.92 bp	9.9 bp −$10	15.6 bp −$156	doesn't fit	doesn't fit

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
Kraken Futures PF_XRPUSD	−0.0170%	1h	1.5317	−1.563%	$14.8M	$74.0M	50x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5286	−1.761%	$5K	$3K	20x	as long as short
Phoenix XRP	0.0000%	1h	1.5190	−2.378%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5287	−1.754%	$248K	—	150x	as long as short
dYdX XRP-USD	+0.0008%	1h	1.5286	−1.763%	$1.1M	$160K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5320	−1.542%	$7.8M	$23.1M	50x	as long as short
Injective XRP/USDC PERPlong	+0.0033%	1h	1.5560	long leg	$2K	$107K	30x
01 Exchange XRPUSD	+0.0088%	1h	1.5285	−1.767%	$9K	$2K	10x	as long as short
Hibachi XRP/USDT-P	+0.0088%	1h	1.5283	−1.782%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5316	−1.568%	$2.8M	$14.6M	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	1.5319	−1.549%	$623K	$3.1M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5284	−1.774%	$20K	$380K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5286	−1.760%	$1.0M	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5316	−1.571%	$38.7M	$84.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5287	−1.754%	$615K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5316	−1.568%	$533.9M	$2.16B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5313	−1.587%	$357.7M	$932.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5316	−1.568%	$126.9M	$846.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5193	−2.359%	$561K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5295	−1.703%	$144K	$703K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5141	−2.690%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5303	−1.652%	$375.1M	$155.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5316	−1.568%	$317.6M	$923.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5314	−1.582%	$107.8M	$181.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5315	−1.575%	$270.8M	$373.2M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5299	−1.677%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5155	−2.606%	$4.8M	$38.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5245	−2.022%	$662K	$112.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5273	−1.843%	$1.1M	$32.9M	20x	as long as short
ApeX Omni XRPUSDTshort	+0.0100%	1h	1.5249	−1.999%	$1.2M	$1.2M	50x
Vest XRP-PERP	+0.0100%	1h	1.5296	−1.697%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5292	−1.722%	$52K	$509K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5304	−1.644%	$41K	$67K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5311	−1.600%	$78K	$647K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5150	−2.638%	$815K	$76K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5320	−1.539%	$128K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5315	−1.575%	$29K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5316	−1.569%	$50.0M	$14.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5312	−1.594%	$54.4M	$33.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5289	−1.739%	$477K	$54K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5311	−1.601%	$2.1M	$6.4M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5313	−1.588%	$59K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0131% / S −0.0092%	1h	1.5312	−1.596%	$782K	—	200x	as long as short
Coinbase International XRP-PERP-INTX	+0.0160%	1h	1.5312	−1.594%	$5.4M	$47.3M	50x	as long as short
Kalshi KXXRPPERP	+0.0169%	8h	1.5297	−1.690%	$1.7M	$33.1M	2.9x	as long as short
Hyperliquid XRP	+0.0179%	1h	1.5304	−1.645%	$292.8M	$263.9M	20x	as long as short
Backpack XRP_USDC_PERP	+0.0204%	1h	1.5303	−1.652%	$2.0M	$1.3M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5313	−1.587%	$24.0M	$77.8M	125x	as long as short
Reya XRPRUSDPERP	+0.0221%	1h	1.5292	−1.719%	$1.4M	$4K	15x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5278	−1.813%	$523K	$787K	10x	as long as short
Aftermath Perps XRPUSD	+0.0533%	1h	1.5220	−2.186%	$3K	$16K	10x	as long as short