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: KuCoin against Orderly−0.175%7-day average +0.017% · you buy dearer than you sell
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)+0.240%+$24 · spread now −0.175%, 7d avg +0.017%
=Funding pays, the price is against you. KuCoin is 0.191% cheaper against Orderly than usual: you would sell low and buy high (spread −0.175% now, against its 7-day average of +0.017%). If the spread goes back, that is −$19 on $10k: about 17 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.016% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XRP_USDC | 1.5340 | 0.0063 | pay 0.0063% / 8h | 7h 21m | $58K | $935K | 50x |
| Short | KuCoin XRPUSDTM | 1.5313 | 0.0100 | get 0.0100% / 8h | 7h 21m | $108.5M | $165.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Orderly. 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
- $7.84
- Price spread: −0.175% → +0.017%
- −$19.13
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$29.28
- Costs to cover
- 0.180%
- Break-even
- 33.1 days
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago | 0.03 bp | 10.2 bp −$10 | 14.0 bp −$140 | 34.1 bp −$3,409 | 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 | 1.5345 | +0.033% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5310 | −0.196% | $1.1M | $112K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5341 | +0.005% | $257K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0011% | 1h | 1.5341 | +0.007% | $9.3M | $25.1M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0015% / S +0.0077% | 1h | 1.5340 | +0.002% | $841K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.434% | $2K | $107K | 30x | as long as short |
| Orderly PERP_XRP_USDClong | +0.0063% | 8h | 1.5340 | long leg | $58K | $935K | 50x | |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5303 | −0.241% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5317 | −0.152% | $2.8M | $14.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5319 | −0.137% | $515K | $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 | 1.5310 | −0.196% | $10K | $279K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5311 | −0.186% | $477K | $55K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5313 | −0.173% | $997K | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5313 | −0.176% | $38.7M | $83.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5316 | −0.154% | $620K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5306 | −0.222% | $540.3M | $2.05B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5309 | −0.202% | $341.6M | $920.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5309 | −0.202% | $124.6M | $866.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5322 | −0.117% | $571K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5313 | −0.176% | $118K | $710K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5334 | −0.037% | $1.7M | $381K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5308 | −0.209% | $374.7M | $150.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5310 | −0.196% | $308.8M | $907.6M | 300x | as long as short |
| KuCoin XRPUSDTMshort | +0.0100% | 8h | 1.5313 | −0.175% | $108.5M | $165.8M | 75x | |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5312 | −0.183% | $268.1M | $375.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5307 | −0.215% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5352 | +0.078% | $6.3M | $35.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5358 | +0.117% | $667K | $107.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5372 | +0.209% | $1.1M | $38.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5371 | +0.202% | $1.2M | $996K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5312 | −0.183% | $49K | $444K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5345 | +0.035% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5341 | +0.008% | $826K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5348 | +0.051% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5337 | −0.020% | $29K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5351 | +0.070% | $50.3M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5337 | −0.020% | $54.5M | $29.6M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5317 | −0.152% | — | $9K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5304 | −0.235% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5338 | −0.012% | $59K | $25K | 3x | as long as short |
| Reya XRPRUSDPERP | +0.0213% | 1h | 1.5309 | −0.200% | $1.4M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5354 | +0.091% | $24.1M | $73.7M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5344 | +0.026% | $5.8M | $46.5M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0244% | 1h | 1.5336 | −0.027% | $14.6M | $70.2M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0292% | 1h | 1.5340 | 0.000% | $1.9M | $1.3M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0312% | 8h | 1.5359 | +0.124% | $2.1M | $34.8M | 2.9x | as long as short |
| Hibachi XRP/USDT-P | +0.0320% | 1h | 1.5363 | +0.147% | $17K | $81K | 7x | as long as short |
| Hyperliquid XRP | +0.0384% | 1h | 1.5327 | −0.085% | $288.9M | $214.6M | 20x | as long as short |
| Phoenix XRP | +0.0520% | 1h | 1.5350 | +0.065% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0791% | 1h | 1.5348 | +0.051% | $2K | $12K | 10x | as long as short |
| RISEx XRP/USDC | +0.0828% | 1h | 1.5316 | −0.158% | $542K | $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