XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%

Price spread now: Extended against Injective−2.538%7-day average +0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$366as in the Price arb table

costs, in and out, $10k−$1051.054% of the position

Long on Injective Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.054%−$5 on $10k

Price spread, last 4 days (all we have)+3.177%+$318 · spread now −2.538%, 7d avg +0.071%

Together, before fees+3.124%+ Points / potential airdropExtended: Active · farm board+$312 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 2.609% cheaper against Injective than usual: you would sell low and buy high (spread −2.538% now, against its 7-day average of +0.071%). If the spread goes back, that is −$261 on $10k: about 4 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.054%, 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	8m 40s	$2K	$107K	30x
Short	Extended XRP-USD	1.5165	0.0104	get 0.0013% / 1h	8m 40s	$2.0M	$6.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −2.538%Rate

Funding earned: $14.84
Price spread: −2.538% → +0.071%: −$260.9
Slippage, 4 orders: −$100.38
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$351.46
Costs to cover: 1.054%
Break-even: 172.8 days

Slippage from Injective: live order book, 40 min ago; Extended: live order book, 5 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, 40 min ago	39.63 bp	39.6 bp −$40	48.4 bp −$484	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	0.33 bp	2.8 bp −$3	4.5 bp −$45	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
Hotstuff XRP-PERP	−0.0080%	1h	1.5161	−2.564%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5153	−2.618%	$14.2M	$74.6M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5172	−2.496%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5090	−3.021%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5152	−2.622%	$245K	—	150x	as long as short
Injective XRP/USDC PERPlong	+0.0033%	1h	1.5560	long leg	$2K	$107K	30x
GMX XRP/USD [ETH-USDC]	L +0.0073% / S −0.0018%	1h	1.5157	−2.589%	$799K	—	200x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5172	−2.494%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5172	−2.493%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5159	−2.577%	$548K	$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	+0.0099%	8h	1.5166	−2.532%	$11K	$362K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5165	−2.541%	$985K	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5172	−2.494%	$38.5M	$87.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5171	−2.497%	$603K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5171	−2.497%	$528.0M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5172	−2.494%	$344.7M	$965.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5170	−2.506%	$126.3M	$890.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5137	−2.719%	$563K	$35K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5178	−2.455%	$143K	$715K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5132	−2.752%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5170	−2.506%	$374.4M	$161.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5171	−2.500%	$295.8M	$927.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5157	−2.592%	$107.1M	$181.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5169	−2.513%	$266.7M	$399.1M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5171	−2.500%	—	$106.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5143	−2.681%	$4.6M	$38.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5138	−2.710%	$657K	$113.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5148	−2.648%	$1.1M	$37.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5147	−2.654%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5162	−2.561%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5163	−2.551%	$51K	$488K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5159	−2.580%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5152	−2.622%	$62K	$932K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5155	−2.600%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5162	−2.556%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5151	−2.629%	$29K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5149	−2.639%	$49.6M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5145	−2.667%	$54.0M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5177	−2.464%	$473K	$55K	50x	as long as short
Extended XRP-USDshort	+0.0104%	1h	1.5165	−2.538%	$2.0M	$6.8M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5154	−2.612%	$58K	$25K	3x	as long as short
Hyperliquid XRP	+0.0143%	1h	1.5170	−2.506%	$290.4M	$263.4M	20x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0146%	1h	1.5159	−2.577%	$7.8M	$25.4M	50x	as long as short
Hibachi XRP/USDT-P	+0.0176%	1h	1.5158	−2.586%	$17K	$82K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5158	−2.584%	$5.7M	$48.6M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0207%	1h	1.5156	−2.596%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERP	+0.0217%	8h	1.5161	−2.564%	$1.7M	$35.6M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5157	−2.589%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5150	−2.635%	$23.2M	$77.4M	125x	as long as short
RISEx XRP/USDC	+0.0305%	1h	1.5175	−2.474%	$518K	$790K	10x	as long as short
Aftermath Perps XRPUSD	+0.0584%	1h	1.5123	−2.810%	$2K	$16K	10x	as long as short