Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bulk against Pacifica+0.225%7-day average +0.006% · 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+$5as in the Price arb table
costs, in and out, $10k−$170.174% of the position
Funding, last 4 days (all we have)+0.001%$0 on $10k
+Price spread, last 7 days−0.211%−$21 · spread now +0.225%, 7d avg +0.006%
=Together, before fees−0.209%+ Points / potential airdropPacifica: Active · farm board−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.219% dearer against Pacifica than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XRP | 1.5189 | 0.0100 | pay 0.0013% / 1h | 9m 07s | $610K | $1.1M | 20x |
| Short | Bulk XRP-USD | 1.5223 | 0.0100 | get 0.0013% / 1h | 9m 07s | $1.6M | $49K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Pacifica. 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
- $0
- Price spread: +0.225% → +0.006%
- $21.91
- Slippage, 4 orders
- −$2.41
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $4.5
- Costs to cover
- 0.174%
- Break-even
- from the start
Slippage from Pacifica: live order book, 5 min ago; Bulk: live order book, 5 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 Pacifica live order book, 5 min ago | 0.33 bp | 4.9 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bulk live order book, 5 min ago | 0.33 bp | 4.4 bp −$4 | 5.8 bp −$58 | 9.2 bp −$917 | 19.9 bp −$9,927 |
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 | 1.5192 | +0.021% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5184 | −0.032% | $1.1M | $110K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5192 | +0.021% | $7.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5189 | +0.001% | $254K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.443% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0034% / S +0.0037% | 1h | 1.5190 | +0.004% | $796K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5186 | −0.019% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0077% | 8h | 1.5188 | −0.006% | $62K | $935K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5190 | +0.010% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5190 | +0.007% | $512K | $3.3M | 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 | 1.5182 | −0.045% | $10K | $311K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5185 | −0.022% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5195 | +0.040% | $282.4M | $223.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5189 | +0.001% | $38.4M | $83.6M | 100x | as long as short |
| Pacifica XRPlong | +0.0100% | 1h | 1.5189 | long leg | $610K | $1.1M | 20x | |
| Binance XRPUSDT | +0.0100% | 8h | 1.5181 | −0.050% | $536.2M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5182 | −0.045% | $346.4M | $930.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5185 | −0.026% | $126.0M | $872.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5180 | −0.058% | $565K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5190 | +0.007% | $114K | $712K | 20x | as long as short |
| Bulk XRP-USDshort | +0.0100% | 1h | 1.5223 | +0.225% | $1.6M | $49K | 20x | |
| Gate XRP_USDT | +0.0100% | 8h | 1.5183 | −0.039% | $368.7M | $153.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5185 | −0.026% | $297.0M | $903.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5191 | +0.011% | $109.0M | $171.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5183 | −0.039% | $269.5M | $381.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5185 | −0.026% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5200 | +0.070% | $5.9M | $36.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5202 | +0.085% | $660K | $107.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5227 | +0.251% | $1.1M | $35.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5221 | +0.211% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5192 | +0.023% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5187 | −0.012% | $42K | $450K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5192 | +0.021% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5189 | +0.003% | $817K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5193 | +0.027% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5189 | +0.001% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5189 | −0.001% | $49.7M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5188 | −0.006% | $54.0M | $30.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5188 | −0.005% | $474K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5185 | −0.029% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5189 | −0.001% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0186% | 1h | 1.5193 | +0.027% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0200% | 1h | 1.5207 | +0.117% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5186 | −0.021% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5195 | +0.040% | $5.6M | $46.8M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5191 | +0.014% | $24.3M | $75.5M | 125x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0273% | 1h | 1.5187 | −0.010% | $14.4M | $73.3M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0344% | 8h | 1.5194 | +0.034% | $2.1M | $34.7M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0484% | 1h | 1.5191 | +0.017% | $517K | $778K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5220 | +0.205% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0657% | 1h | 1.5210 | +0.142% | $2K | $14K | 10x | as long as short |
Pacifica XRP
Bulk XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Hyperliquid XRP
Aster XRPUSDT
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
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
Paradex XRP-USD-PERP
Extended XRP-USD
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kraken Futures PF_XRPUSD
Kalshi KXXRPPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD