XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0078%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h −0.022%

Price spread now: Derive against Kraken Futures−0.005%7-day average −0.004% · you buy dearer than you sell

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

Long on Kraken Futures Short on Derive

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.005%, 7d avg −0.004%

Together, before fees−0.037%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$2 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	1.5154	0.0022	pay 0.0003% / 1h	15m 34s	$14.4M	$74.6M	50x
Short	Derive XRP-PERP	1.5153	0.0100	get 0.0013% / 1h	15m 34s	$815K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 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 Kraken FuturesbpFee DerivebpOrdersPrice spread, now −0.005%Rate

Funding earned: $16.47
Price spread: −0.005% → −0.004%: −$0.13
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Derive: 3 bp × 2 orders: −$6
Net: $0.35
Costs to cover: 0.160%
Break-even: 6.9 days

Slippage unknown: Kraken Futures: live order book, 4 min ago; Derive: 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, 4 min ago	2.64 bp	7.6 bp −$8	10.8 bp −$108	22.1 bp −$2,209	43.0 bp −$21.5K
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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-PERP	−0.0080%	1h	1.5160	+0.037%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5159	+0.031%	$1.1M	$115K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5152	−0.015%	$259K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5158	+0.024%	$7.8M	$25.5M	50x	as long as short
Kraken Futures PF_XRPUSDlong	+0.0022%	1h	1.5154	long leg	$14.4M	$74.6M	50x
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.677%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5152	−0.018%	$795K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5167	+0.086%	$2.8M	$14.8M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5168	+0.090%	$496K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5163	+0.057%	$9K	$351K	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	1.5156	+0.014%	$976K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5165	+0.068%	$38.9M	$85.7M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5167	+0.082%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5165	+0.070%	$535.5M	$2.16B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5165	+0.070%	$345.0M	$946.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5168	+0.090%	$126.0M	$884.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5163	+0.057%	$564K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5172	+0.117%	$137K	$721K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5164	+0.067%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5165	+0.070%	$372.4M	$156.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5163	+0.057%	$296.1M	$907.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5164	+0.063%	$109.3M	$178.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5167	+0.084%	$269.4M	$390.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5166	+0.077%	—	$127.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5151	−0.023%	$4.8M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5166	+0.080%	$659K	$110.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5154	0.000%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5163	+0.057%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5157	+0.016%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5159	+0.031%	$45K	$479K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5153	−0.008%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5153	−0.009%	$62K	$934K	50x	as long as short
Derive XRP-PERPshort	+0.0100%	1h	1.5153	−0.005%	$815K	$72K	10x
SunX XRP-USDT	+0.0100%	8h	1.5156	+0.012%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5155	+0.004%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5158	+0.024%	$49.5M	$15.8M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5163	+0.057%	$54.0M	$31.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5168	+0.088%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5164	+0.066%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5152	−0.015%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5173	+0.123%	$8K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5172	+0.117%	$5.7M	$48.1M	50x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5151	−0.020%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5163	+0.057%	$24.2M	$75.7M	125x	as long as short
Kalshi KXXRPPERP	+0.0242%	8h	1.5162	+0.051%	$1.9M	$35.3M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0251%	1h	1.5172	+0.117%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0280%	1h	1.5174	+0.130%	$17K	$82K	7x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5171	+0.110%	$517K	$776K	10x	as long as short
Hyperliquid XRP	+0.0408%	1h	1.5180	+0.169%	$298.3M	$251.4M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5190	+0.235%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0643%	1h	1.5171	+0.110%	$2K	$15K	10x	as long as short