Funding you earn now, next payment 11:00 UTC+0.0163%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h −0.006%
Price spread now: Bullet against Kraken Futures−0.012%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XRPUSD | 1.5253 | −0.0063 | get 0.0008% / 1h | 26m 46s | $13.8M | $69.7M | 50x |
| Short | Bullet XRP-USD | 1.5251 | 0.0100 | get 0.0013% / 1h | 26m 46s | $41K | $65K | 20x |
Kraken Futures PF_XRPUSD
Bullet XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Kraken Futures. 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
- $34.16
- Price spread: −0.012% → 0.000%
- −$1.15
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $15.01
- Costs to cover
- 0.180%
- Break-even
- 3.9 days
Slippage unknown: Kraken Futures: live order book, 5 min ago; Bullet: 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 Kraken Futures live order book, 5 min ago | 2.29 bp | 9.3 bp −$9 | 13.2 bp −$132 | 23.9 bp −$2,389 | 47.7 bp −$23.9K |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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 50 exchanges
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 | 1.5374 | +0.794% | $5K | $4K | 20x | as long as short |
| 01 Exchange XRPUSD | −0.0072% | 1h | 1.5257 | +0.027% | $9K | $987 | 10x | as long as short |
| Kraken Futures PF_XRPUSDlong | −0.0063% | 1h | 1.5253 | long leg | $13.8M | $69.7M | 50x | |
| dYdX XRP-USD | 0.0000% | 1h | 1.5255 | +0.017% | $1.1M | $154K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5260 | +0.047% | $68K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5253 | +0.001% | $7.6M | $20.6M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5258 | +0.035% | $241K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.013% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0088% | 1h | 1.5265 | +0.076% | $17K | $75K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5253 | +0.003% | $2.8M | $14.1M | 20x | as long as short |
Hotstuff XRP-PERP
01 Exchange XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
Lighter XRPShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5241 | −0.078% | $590K | $3.1M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5252 | −0.006% | $476K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5253 | +0.001% | $11K | $406K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5254 | +0.011% | $1.1M | $5.8M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5255 | +0.014% | $295.4M | $267.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5247 | −0.039% | $38.8M | $80.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5255 | +0.011% | $587K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5247 | −0.035% | $529.5M | $2.06B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5246 | −0.045% | $357.7M | $867.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5244 | −0.058% | $123.7M | $821.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5242 | −0.071% | $560K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5262 | +0.060% | $162K | $696K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5248 | −0.032% | $376.4M | $159.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5249 | −0.025% | $307.5M | $901.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5249 | −0.025% | $104.4M | $181.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5241 | −0.078% | $269.7M | $353.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5248 | −0.032% | — | $99.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5257 | +0.026% | $4.9M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5257 | +0.027% | $663K | $107.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5255 | +0.014% | $1.1M | $32.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5264 | +0.073% | $1.2M | $1.2M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5252 | −0.006% | $52K | $472K | 20x | as long as short |
| Bullet XRP-USDshort | +0.0100% | 1h | 1.5251 | −0.012% | $41K | $65K | 20x | |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5250 | −0.019% | $83K | $601K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5252 | −0.009% | $128K | $1.5M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5250 | −0.019% | $32K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5245 | −0.050% | $49.7M | $13.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5252 | −0.006% | $54.3M | $33.3M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5287 | +0.220% | $1.6M | $32K | 20x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5254 | +0.006% | — | $15K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5244 | −0.056% | $2.2M | $6.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5245 | −0.052% | $59K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0106% | 1h | 1.5263 | +0.066% | $2.0M | $1.2M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0112% | 1h | 1.5254 | +0.007% | $5.5M | $42.6M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0127% | 8h | 1.5265 | +0.079% | $1.9M | $35.4M | 2.9x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5254 | +0.007% | $23.7M | $77.5M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0223% | 1h | 1.5245 | −0.054% | $1.3M | $1K | 15x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0228% / S −0.0468% | 1h | 1.5251 | −0.010% | $858K | — | 200x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5261 | +0.055% | $513K | $726K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0344% | 1h | 1.5263 | +0.066% | $3K | $13K | 10x | as long as short |
Lighter RH XRP
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Orderly PERP_XRP_USDC
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
BloFin XRP-USDT
Reya XRPRUSDPERP
GMX XRP/USD [ETH-USDC]
RISEx XRP/USDC
Aftermath Perps XRPUSD