Funding you earn now, next payment 08:00 UTC−0.0037%/8h= −4.1% APRnext payment −$0.37 per $10,000 · paid last 24h −0.009%
Price spread now: Orderly against KuCoin+0.071%7-day average −0.017% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 3 days (all we have)−0.137%−$14 · spread now +0.071%, 7d avg −0.017%
=The price spread pays, funding is against you. Orderly is 0.088% dearer against KuCoin than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.017%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.8 days. At the pace of the last 7 days (−0.016% in total) that is about 37 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XRPUSDTM | 1.5344 | 0.0100 | pay 0.0100% / 8h | 7h 22m | $108.8M | $165.7M | 75x |
| Short | Orderly PERP_XRP_USDC | 1.5355 | 0.0063 | get 0.0063% / 8h | 7h 22m | $58K | $935K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against KuCoin. 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
- −$7.85
- Price spread: +0.071% → −0.017%
- $8.76
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$17.09
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 7 min ago; Orderly: 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 KuCoin live order book, 7 min ago | 0.59 bp | 8.5 bp −$8 | 9.9 bp −$99 | 23.8 bp −$2,377 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 1.5347 | +0.019% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5358 | +0.088% | $1.1M | $112K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5354 | +0.064% | $257K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0011% | 1h | 1.5359 | +0.097% | $9.3M | $25.1M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0015% / S +0.0077% | 1h | 1.5354 | +0.062% | $842K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.407% | $2K | $107K | 30x | as long as short |
| Orderly PERP_XRP_USDCshort | +0.0063% | 8h | 1.5355 | +0.071% | $58K | $935K | 50x | |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5334 | −0.066% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5359 | +0.099% | $2.8M | $14.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5349 | +0.032% | $516K | $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 | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5340 | −0.027% | $10K | $279K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5346 | +0.011% | $478K | $55K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5359 | +0.097% | $1.0M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5347 | +0.019% | $38.8M | $83.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5354 | +0.062% | $621K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5340 | −0.028% | $541.5M | $2.05B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5340 | −0.027% | $342.4M | $919.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5341 | −0.020% | $124.8M | $868.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5316 | −0.183% | $571K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5349 | +0.032% | $118K | $711K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5334 | −0.063% | $1.7M | $381K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5344 | −0.001% | $375.7M | $150.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5349 | +0.032% | $312.0M | $906.7M | 300x | as long as short |
| KuCoin XRPUSDTMlong | +0.0100% | 8h | 1.5344 | long leg | $108.8M | $165.7M | 75x | |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5345 | +0.006% | $268.6M | $375.0M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5346 | +0.012% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5352 | +0.051% | $6.3M | $35.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5361 | +0.112% | $667K | $107.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5372 | +0.182% | $1.1M | $38.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5350 | +0.038% | $1.2M | $996K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5361 | +0.110% | — | $9K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5367 | +0.149% | $49K | $442K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5363 | +0.126% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5358 | +0.091% | $827K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5368 | +0.155% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5357 | +0.084% | $30K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5356 | +0.080% | $50.4M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5355 | +0.071% | $54.6M | $29.6M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5341 | −0.020% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5355 | +0.073% | $59K | $25K | 3x | as long as short |
| Reya XRPRUSDPERP | +0.0213% | 1h | 1.5360 | +0.106% | $1.4M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5354 | +0.065% | $24.1M | $73.7M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5363 | +0.123% | $5.8M | $46.5M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0243% | 1h | 1.5357 | +0.085% | $14.5M | $70.0M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0296% | 1h | 1.5361 | +0.110% | $1.9M | $1.3M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0311% | 8h | 1.5362 | +0.117% | $2.0M | $34.8M | 2.9x | as long as short |
| Hibachi XRP/USDT-P | +0.0320% | 1h | 1.5367 | +0.149% | $17K | $81K | 7x | as long as short |
| Hyperliquid XRP | +0.0386% | 1h | 1.5358 | +0.091% | $289.8M | $214.4M | 20x | as long as short |
| Phoenix XRP | +0.0520% | 1h | 1.5350 | +0.038% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0794% | 1h | 1.5352 | +0.053% | $2K | $12K | 10x | as long as short |
| RISEx XRP/USDC | +0.0828% | 1h | 1.5346 | +0.010% | $543K | $773K | 10x | as long as short |
KuCoin XRPUSDTM
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Paradex XRP-USD-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Kraken Futures PF_XRPUSD
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hyperliquid XRP
Phoenix XRP
Aftermath Perps XRPUSD
RISEx XRP/USDC