XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0111%/8h= +12.2% APRpaid last 24h +0.038%

Price spread now: Coinbase International against Orderly−0.106%54s7-day average +0.034% · you buy dearer than you sell

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

Long on Orderly Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.106%, 7d avg +0.034%

Together, before fees+0.213%+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.140% cheaper against Orderly than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of +0.034%). If the spread goes back, that is −$14 on $10k: about 4.2 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.093% in total) that is about 11 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_XRP_USDC	1.5163	0.0081	pay 0.0081% / 8h	4h 38m	$62K	$935K	50x
Short	Coinbase International XRP-PERP-INTX	1.5147	0.0192	get 0.0024% / 1h	38m 17s	$5.6M	$47.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Orderly. 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 OrderlybpFee Coinbase InternationalbpOrdersPrice spread, now −0.106%Rate

Funding earned: $23.35
Price spread: −0.106% → +0.034%: −$13.98
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$6.63
Costs to cover: 0.160%
Break-even: 9.0 days

Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 6 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 6 min ago	0.33 bp	7.2 bp −$7	9.9 bp −$99	25.0 bp −$2,505	doesn't fit

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	1.5148	−0.099%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0071%	1h	1.5159	−0.025%	$14.3M	$73.8M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5146	−0.112%	$1.1M	$114K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5150	−0.086%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5160	−0.018%	$253K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5165	+0.013%	$7.7M	$25.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.618%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0040% / S +0.0030%	1h	1.5160	−0.017%	$789K	—	200x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5159	−0.026%	$8K	$8K	10x	as long as short
Orderly PERP_XRP_USDClong	+0.0081%	8h	1.5163	long leg	$62K	$935K	50x

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XRP	+0.0096%	1h	1.5150	−0.086%	$2.8M	$14.6M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5149	−0.092%	$510K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0097%	8h	1.5153	−0.066%	$10K	$324K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5164	+0.010%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5172	+0.059%	$281.7M	$225.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5152	−0.070%	$38.3M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5149	−0.091%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5165	+0.013%	$534.3M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5163	0.000%	$345.0M	$931.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5166	+0.020%	$125.9M	$875.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5175	+0.079%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5107	−0.369%	$113K	$717K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5146	−0.114%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5163	0.000%	$370.1M	$153.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5165	+0.013%	$290.0M	$897.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5166	+0.018%	$108.0M	$173.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5161	−0.013%	$267.9M	$384.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5163	0.000%	—	$126.6M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5148	−0.101%	$5.4M	$37.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5151	−0.078%	$658K	$108.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5180	+0.112%	$1.1M	$35.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5149	−0.092%	$1.2M	$1.1M	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5163	0.000%	$44K	$453K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5161	−0.011%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5166	+0.017%	$816K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5165	+0.015%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5161	−0.013%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5139	−0.156%	$49.5M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5142	−0.138%	$54.0M	$30.6M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5148	−0.099%	$472K	$55K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5162	−0.010%	—	$11K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5161	−0.015%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5164	+0.006%	$58K	$25K	3x	as long as short
Hibachi XRP/USDT-P	+0.0160%	1h	1.5152	−0.070%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0163%	1h	1.5151	−0.079%	$1.9M	$1.3M	25x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0192%	1h	1.5147	−0.106%	$5.6M	$47.1M	50x
Reya XRPRUSDPERP	+0.0216%	1h	1.5161	−0.012%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5141	−0.145%	$24.1M	$76.0M	125x	as long as short
Kalshi KXXRPPERP	+0.0316%	8h	1.5164	+0.007%	$2.1M	$34.4M	2.9x	as long as short
RISEx XRP/USDC	+0.0352%	1h	1.5159	−0.028%	$516K	$779K	10x	as long as short
Aftermath Perps XRPUSD	+0.0658%	1h	1.5155	−0.050%	$2K	$15K	10x	as long as short