XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.018%

Price spread now: Pacifica against Injective−2.635%7-day average +0.151% · 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−$380as in the Price arb table

costs, in and out, $10k−$1011.013% of the position

Long on Injective Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 4 days (all we have)+3.396%+$340 · spread now −2.635%, 7d avg +0.151%

Together, before fees+3.303%+ Points / potential airdropPacifica: Active · farm board+$330 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 2.786% cheaper against Injective than usual: you would sell low and buy high (spread −2.635% now, against its 7-day average of +0.151%). If the spread goes back, that is −$279 on $10k: about 5 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.092%, 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	22m 34s	$2K	$107K	30x
Short	Pacifica XRP	1.5150	0.0100	get 0.0013% / 1h	22m 34s	$608K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −2.635%Rate

Funding earned: $14
Price spread: −2.635% → +0.151%: −$278.61
Slippage, 4 orders: −$93.33
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$365.96
Costs to cover: 1.013%
Break-even: 190.0 days

Slippage from Injective: live order book, 31 min ago; Pacifica: live order book, 1 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, 31 min ago	46.05 bp	46.1 bp −$46	59.2 bp −$592	doesn't fit	doesn't fit
Sell Pacifica live order book, 1 min ago	0.33 bp	4.3 bp −$4	7.6 bp −$76	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	1.5148	−2.648%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5148	−2.649%	$1.1M	$115K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5170	−2.506%	$7.8M	$25.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5167	−2.526%	$253K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5163	−2.549%	$14.4M	$74.5M	50x	as long as short
Injective XRP/USDC PERPlong	+0.0033%	1h	1.5560	long leg	$2K	$107K	30x
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5167	−2.526%	$791K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5153	−2.616%	$2.9M	$14.7M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5153	−2.616%	$495K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5138	−2.712%	$9K	$348K	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	1.5144	−2.673%	$995K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5139	−2.706%	$38.7M	$85.3M	100x	as long as short
Pacifica XRPshort	+0.0100%	1h	1.5150	−2.635%	$608K	$1.1M	20x
Binance XRPUSDT	+0.0100%	8h	1.5145	−2.667%	$534.0M	$2.15B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5146	−2.661%	$344.8M	$944.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5147	−2.654%	$126.4M	$881.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5147	−2.654%	$565K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5145	−2.667%	$131K	$715K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5164	−2.542%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5147	−2.654%	$371.5M	$156.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5147	−2.654%	$296.1M	$905.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5149	−2.639%	$109.0M	$177.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5143	−2.680%	$268.6M	$389.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5142	−2.686%	—	$127.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5187	−2.399%	$4.9M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5189	−2.387%	$660K	$110.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5166	−2.534%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5196	−2.339%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5151	−2.628%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5171	−2.500%	$45K	$477K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5166	−2.532%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5166	−2.532%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5167	−2.526%	$816K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5172	−2.493%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5166	−2.532%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5169	−2.512%	$49.6M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5160	−2.571%	$53.9M	$31.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5150	−2.633%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5136	−2.723%	$2.0M	$6.7M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5165	−2.539%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5143	−2.680%	$8K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5175	−2.474%	$5.7M	$47.7M	50x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5166	−2.532%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5163	−2.551%	$24.2M	$75.6M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0259%	1h	1.5170	−2.506%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0280%	1h	1.5160	−2.573%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0302%	8h	1.5172	−2.494%	$1.9M	$35.1M	2.9x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5143	−2.683%	$516K	$776K	10x	as long as short
Hyperliquid XRP	+0.0405%	1h	1.5165	−2.539%	$298.8M	$246.9M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5190	−2.378%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0681%	1h	1.5191	−2.372%	$2K	$15K	10x	as long as short