XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0316%/8h= +34.6% APRnext payment +$0.40 per $10,000 · paid last 24h +0.099%

Price spread now: RISEx against Kraken Futures+0.013%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$260.256% of the position

Long on Kraken Futures Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.269%+$27 on $10k

Price spread, last 4 days (all we have)+0.125%+$12 · spread now +0.013%, 7d avg +0.045%

Together, before fees+0.394%+$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.032% cheaper against Kraken Futures than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.045%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XRPUSD	1.5191	0.0078	pay 0.0010% / 1h	57m 27s	$14.5M	$74.3M	50x
Short	RISEx XRP/USDC	1.5193	0.0394	get 0.0049% / 1h	57m 27s	$528K	$806K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.013%Rate

Funding earned: $66.44
Price spread: +0.013% → +0.045%: −$3.21
Slippage, 4 orders: −$9.56
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $37.67
Costs to cover: 0.256%
Break-even: 3.0 days

Slippage from Kraken Futures: live order book, 2 min ago; RISEx: live order book, 46 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 Kraken Futures live order book, 2 min ago	1.98 bp	7.0 bp −$7	10.9 bp −$109	19.6 bp −$1,962	43.5 bp −$21.8K
Sell RISEx live order book, 46 min ago	2.24 bp	5.2 bp −$5	11.3 bp −$113	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	1.5191	+0.001%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5177	−0.090%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5220	+0.192%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5188	−0.019%	$246K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0013%	1h	1.5196	+0.034%	$7.8M	$24.4M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.430%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSDlong	+0.0078%	1h	1.5191	long leg	$14.5M	$74.3M	50x
GMX XRP/USD [ETH-USDC]	L +0.0094% / S −0.0051%	1h	1.5193	+0.012%	$784K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5187	−0.025%	$2.8M	$15.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5185	−0.038%	$545K	$3.1M	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	1.5174	−0.111%	$10K	$370K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5187	−0.022%	$1.0M	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5190	−0.005%	$38.5M	$87.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5186	−0.032%	$612K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5190	−0.005%	$532.1M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5189	−0.012%	$348.4M	$959.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5180	−0.071%	$129.4M	$881.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5196	+0.034%	$565K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5189	−0.012%	$144K	$714K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5195	+0.030%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5180	−0.071%	$378.5M	$159.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5183	−0.051%	$311.4M	$915.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5182	−0.058%	$107.1M	$183.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5177	−0.091%	$268.4M	$395.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5182	−0.058%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5187	−0.026%	$4.8M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5193	+0.015%	$660K	$113.2M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5196	+0.033%	$1.1M	$35.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5208	+0.113%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5188	−0.015%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5181	−0.064%	$50K	$510K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5196	+0.033%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5197	+0.041%	$75K	$686K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5192	+0.008%	$817K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5194	+0.018%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5193	+0.015%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5193	+0.018%	$49.6M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5196	+0.034%	$54.3M	$32.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5187	−0.028%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5176	−0.096%	$2.1M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5192	+0.009%	$58K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0123%	1h	1.5205	+0.094%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0128%	1h	1.5193	+0.011%	$17K	$79K	7x	as long as short
01 Exchange XRPUSD	+0.0160%	1h	1.5185	−0.038%	$8K	$2K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5196	+0.034%	$5.6M	$48.2M	50x	as long as short
Hyperliquid XRP	+0.0177%	1h	1.5194	+0.021%	$289.7M	$267.3M	20x	as long as short
Kalshi KXXRPPERP	+0.0213%	8h	1.5197	+0.041%	$1.8M	$34.7M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0220%	1h	1.5178	−0.083%	$1.3M	$4K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.015%	$23.7M	$77.9M	125x	as long as short
RISEx XRP/USDCshort	+0.0394%	1h	1.5193	+0.013%	$528K	$806K	10x
Aftermath Perps XRPUSD	+0.0691%	1h	1.5205	+0.092%	$2K	$16K	10x	as long as short