Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Phemex+0.002%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$390.390% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.002%, 7d avg +0.013%
=Together, before fees+0.111%+ Points / potential airdropPacifica: Active · farm board+$11 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XRPUSDT | 1.5169 | 0.0100 | pay 0.0100% / 8h | 36m 42s | $54.2M | $32.7M | 50x |
| Short | Pacifica XRP | 1.5169 | 0.0100 | get 0.0013% / 1h | 36m 42s | $612K | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Phemex. 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: +0.002% → +0.013%
- −$1.18
- Slippage, 4 orders
- −$19.01
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$40.19
- Costs to cover
- 0.390%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Pacifica: live order book, 2 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 Phemex live order book, 2 min ago | 4.93 bp | 16.4 bp −$16 | 18.6 bp −$186 | 32.9 bp −$3,286 | doesn't fit |
| Sell Pacifica live order book, 2 min ago | 0.66 bp | 5.2 bp −$5 | 8.5 bp −$85 | doesn't fit | doesn't fit |
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 | 1.5190 | +0.138% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5171 | +0.016% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5174 | +0.033% | $245K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5172 | +0.020% | $7.8M | $24.1M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.578% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5168 | −0.008% | $14.5M | $73.8M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5172 | +0.023% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5169 | 0.000% | $603K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5172 | +0.020% | $17K | $380K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5176 | +0.048% | $1.0M | $6.3M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XRPUSDT | +0.0100% | 8h | 1.5168 | −0.007% | $38.4M | $86.9M | 100x | as long as short |
| Pacifica XRPshort | +0.0100% | 1h | 1.5169 | +0.002% | $612K | $1.1M | 20x | |
| Binance XRPUSDT | +0.0100% | 8h | 1.5165 | −0.026% | $531.2M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5162 | −0.046% | $349.3M | $956.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5165 | −0.026% | $127.9M | $868.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5224 | +0.363% | $567K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5187 | +0.119% | $144K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5190 | +0.138% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5171 | +0.013% | $378.2M | $160.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5172 | +0.020% | $313.4M | $921.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5175 | +0.040% | $106.2M | $183.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5166 | −0.020% | $268.0M | $391.3M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5164 | −0.033% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5226 | +0.373% | $5.0M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5205 | +0.238% | $660K | $113.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5210 | +0.270% | $1.1M | $35.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5239 | +0.461% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5187 | +0.116% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5178 | +0.059% | $51K | $510K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5177 | +0.050% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5174 | +0.033% | $77K | $688K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5186 | +0.113% | $817K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5183 | +0.094% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5168 | −0.007% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5166 | −0.022% | $49.5M | $15.4M | 75x | as long as short |
| Phemex XRPUSDTlong | +0.0100% | 8h | 1.5169 | long leg | $54.2M | $32.7M | 50x | |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5194 | +0.168% | $474K | $55K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0101% / S −0.0061% | 1h | 1.5174 | +0.032% | $783K | — | 200x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5171 | +0.016% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5175 | +0.040% | $8K | $2K | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0104% | 1h | 1.5194 | +0.162% | $17K | $78K | 7x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5169 | +0.001% | $58K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0131% | 1h | 1.5183 | +0.092% | $289.6M | $267.7M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0151% | 1h | 1.5186 | +0.112% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5176 | +0.046% | $5.6M | $48.2M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0195% | 8h | 1.5187 | +0.119% | $1.8M | $34.5M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5175 | +0.040% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5169 | 0.000% | $23.5M | $77.6M | 125x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5183 | +0.095% | $521K | $807K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5230 | +0.402% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0645% | 1h | 1.5216 | +0.311% | $2K | $16K | 10x | as long as short |
Phemex XRPUSDT
Pacifica XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Aster XRPUSDT
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
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
Paradex XRP-USD-PERP
GMX XRP/USD [ETH-USDC]
Extended XRP-USD
01 Exchange XRPUSD
Hyperliquid XRP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
BloFin XRP-USDT
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD