XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0113%/8h= −12.4% APRnext payment −$0.14 per $10,000 · paid last 24h −0.034%

Price spread now: Hotstuff against Injective−0.508%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Hotstuff

What this pair did over the last

the charts below follow

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 airdropHotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Hotstuff is 0.508% cheaper against Injective than usual: you would sell low and buy high (−$51 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	Injective XRP/USDC PERP	1.5560	0.0033	pay 0.0004% / 1h	6m 50s	$2K	$107K	30x
Short	Hotstuff XRP-PERP	1.5481	−0.0080	pay 0.0010% / 1h	6m 50s	$7K	$2K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −0.508%Rate

Funding earned: −$23.8
Price spread: −0.508% → 0.000%: −$50.77
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$79.59
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Injective: live order book, 12 min ago; Hotstuff: 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 Injective live order book, 12 min ago	44.99 bp	45.0 bp −$45	57.6 bp −$576	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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-PERPshort	−0.0080%	1h	1.5481	−0.508%	$7K	$2K	20x
GMX XRP/USD [ETH-USDC]	L 0.0000% / S +0.0113%	1h	1.5494	−0.427%	$849K	—	200x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5475	−0.546%	$1.1M	$113K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5504	−0.360%	$9.5M	$25.1M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5495	−0.418%	$259K	—	150x	as long as short
Injective XRP/USDC PERPlong	+0.0033%	1h	1.5560	long leg	$2K	$107K	30x
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5505	−0.352%	$15.5M	$68.5M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0054%	8h	1.5496	−0.411%	$76K	$909K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5506	−0.350%	$3.0M	$12.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5508	−0.334%	$443K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5493	−0.427%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5508	−0.333%	$39.4M	$79.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5476	−0.540%	$637K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5512	−0.308%	$558.1M	$1.99B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5512	−0.308%	$345.5M	$903.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5512	−0.308%	$127.7M	$881.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5467	−0.598%	$578K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5487	−0.469%	$119K	$745K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5501	−0.377%	$1.7M	$578K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5507	−0.341%	$363.5M	$143.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5510	−0.321%	$298.6M	$868.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5509	−0.329%	$113.3M	$160.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5513	−0.302%	$270.8M	$366.2M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5503	−0.366%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5501	−0.377%	$11.8M	$30.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5508	−0.334%	$673K	$101.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5513	−0.301%	$1.1M	$41.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5507	−0.341%	$1.0M	$884K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5488	−0.460%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5504	−0.360%	$46K	$449K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5496	−0.414%	$42K	$66K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5498	−0.399%	$834K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5503	−0.363%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5501	−0.379%	$33K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5488	−0.465%	$50.9M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5502	−0.373%	$55.1M	$29.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5476	−0.542%	$482K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5491	−0.443%	$11K	$261K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5504	−0.358%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5496	−0.411%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5492	−0.437%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5495	−0.421%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5507	−0.341%	$6.0M	$47.4M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5499	−0.392%	$24.6M	$73.6M	125x	as long as short
Hibachi XRP/USDT-P	+0.0256%	1h	1.5472	−0.563%	$18K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0290%	1h	1.5515	−0.289%	$1.7M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0321%	8h	1.5485	−0.482%	$1.9M	$33.2M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5500	−0.386%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5501	−0.378%	$508K	$631K	10x	as long as short
Hyperliquid XRP	+0.0583%	1h	1.5524	−0.231%	$290.2M	$204.6M	20x	as long as short
Aftermath Perps XRPUSD	+0.0774%	1h	1.5510	−0.318%	$1K	$11K	10x	as long as short