Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.009%
Price spread now: Paradex against Orderly+0.064%7-day average +0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.220%+$22 · spread now +0.064%, 7d avg +0.018%
=Together, before fees+0.236%+ Points / potential airdropParadex: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.046% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XRP_USDC | 1.5108 | 0.0081 | pay 0.0081% / 8h | 4h 35m | $62K | $935K | 50x |
| Short | Paradex XRP-USD-PERP | 1.5118 | 0.0100 | get 0.0100% / 8h | 4h 35m | $471K | $55K | 50x |
Orderly PERP_XRP_USDC
Paradex XRP-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $3.92
- Price spread: +0.064% → +0.018%
- $4.6
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$1.48
- Costs to cover
- 0.100%
- Break-even
- 9.6 days
Slippage unknown: Orderly: no order-book sample; Paradex: live order book, 23 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 Paradex live order book, 23 min ago | 4.61 bp | 6.6 bp −$7 | 158.0 bp −$1,580 | doesn't fit | 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 | 1.5123 | +0.099% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5111 | +0.020% | $14.2M | $73.8M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5133 | +0.166% | $1.1M | $114K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5150 | +0.278% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5110 | +0.013% | $7.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5105 | −0.017% | $252K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.992% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0040% / S +0.0029% | 1h | 1.5106 | −0.013% | $786K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5114 | +0.040% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDClong | +0.0081% | 8h | 1.5108 | long leg | $62K | $935K | 50x |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5123 | +0.099% | $2.8M | $14.6M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5111 | +0.020% | $508K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0097% | 8h | 1.5104 | −0.026% | $9K | $324K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5111 | +0.023% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5129 | +0.139% | $280.9M | $225.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5112 | +0.025% | $38.2M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5128 | +0.134% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5126 | +0.117% | $532.9M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5124 | +0.106% | $344.3M | $932.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5128 | +0.132% | $125.9M | $873.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5096 | −0.079% | $564K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5108 | 0.000% | $109K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5146 | +0.250% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5125 | +0.113% | $368.8M | $153.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5127 | +0.126% | $289.1M | $898.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5124 | +0.105% | $107.6M | $173.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5125 | +0.113% | $267.5M | $384.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5125 | +0.113% | — | $126.9M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5103 | −0.034% | $5.4M | $37.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5152 | +0.293% | $658K | $108.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5180 | +0.477% | $1.1M | $35.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5153 | +0.298% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5112 | +0.026% | $44K | $453K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5107 | −0.007% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5108 | +0.002% | $813K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5118 | +0.068% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5111 | +0.020% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5111 | +0.023% | $49.4M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5114 | +0.040% | $53.9M | $30.6M | 50x | as long as short |
| Paradex XRP-USD-PERPshort | +0.0100% | 8h | 1.5118 | +0.064% | $471K | $55K | 50x | |
| Vest XRP-PERP | +0.0100% | 1h | 1.5118 | +0.069% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5104 | −0.028% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5107 | −0.006% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0158% | 1h | 1.5132 | +0.159% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0160% | 1h | 1.5152 | +0.289% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5119 | +0.073% | $5.5M | $47.0M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5102 | −0.038% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5152 | +0.291% | $24.1M | $76.1M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0314% | 8h | 1.5135 | +0.179% | $2.1M | $34.5M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5116 | +0.055% | $515K | $778K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0653% | 1h | 1.5147 | +0.258% | $2K | $15K | 10x | as long as short |
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
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
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD