XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.21 per $10,000 · paid last 24h +0.006%

Price spread now: 01 Exchange against Phoenix−0.164%52s7-day average — · you buy dearer than you sell

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

Long on Phoenix Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.164% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.164% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 3.3 days of funding at the current rate (+$5 a day). The two prices were read 52 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	Phoenix XRP	1.5220	0	get 0.0000% / 1h	58m 09s	$68K	$110K	15x
Short	01 Exchange XRPUSD	1.5195	0.0168	get 0.0021% / 1h	58m 09s	$8K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Phoenix. 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 PhoenixbpFee 01 ExchangebpOrdersPrice spread, now −0.164%Rate

Funding earned: $35.28
Price spread: −0.164% → 0.000%: −$16.43
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $4.85
Costs to cover: 0.140%
Break-even: 6.0 days

Slippage unknown: Phoenix: live order book, 25 min ago; 01 Exchange: no order-book sample. 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 Phoenix live order book, 25 min ago	6.57 bp	35.8 bp −$36	94.7 bp −$947	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	1.5195	−0.164%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5195	−0.167%	$1.1M	$148K	10x	as long as short
Phoenix XRPlong	0.0000%	1h	1.5220	long leg	$68K	$110K	15x
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5192	−0.184%	$246K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0013%	1h	1.5196	−0.158%	$7.8M	$24.4M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.234%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0078%	1h	1.5191	−0.192%	$14.5M	$74.3M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0094% / S −0.0051%	1h	1.5193	−0.180%	$784K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5193	−0.176%	$2.8M	$15.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5195	−0.164%	$545K	$3.1M	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	+0.0099%	8h	1.5185	−0.230%	$10K	$370K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5192	−0.187%	$1.0M	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5193	−0.177%	$38.5M	$87.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5191	−0.189%	$613K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5194	−0.168%	$532.2M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5192	−0.184%	$348.5M	$959.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5195	−0.164%	$129.5M	$882.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5196	−0.158%	$565K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5197	−0.151%	$144K	$714K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5195	−0.162%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5192	−0.184%	$378.8M	$159.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5193	−0.177%	$312.1M	$915.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5192	−0.182%	$107.1M	$183.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5193	−0.177%	$268.7M	$395.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5194	−0.171%	—	$107.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5187	−0.218%	$4.8M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5204	−0.103%	$661K	$114.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5196	−0.159%	$1.1M	$35.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5208	−0.079%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5196	−0.160%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5190	−0.197%	$50K	$510K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5196	−0.159%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5197	−0.151%	$75K	$686K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5224	+0.027%	$819K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5194	−0.173%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5193	−0.177%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5193	−0.174%	$49.6M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5196	−0.158%	$54.3M	$32.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5194	−0.170%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5187	−0.214%	$2.1M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5192	−0.183%	$58K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0123%	1h	1.5205	−0.099%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0128%	1h	1.5193	−0.181%	$17K	$79K	7x	as long as short
01 Exchange XRPUSDshort	+0.0168%	1h	1.5195	−0.164%	$8K	$2K	10x
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5196	−0.158%	$5.6M	$48.2M	50x	as long as short
Hyperliquid XRP	+0.0200%	1h	1.5209	−0.072%	$289.7M	$267.1M	20x	as long as short
Kalshi KXXRPPERP	+0.0213%	8h	1.5197	−0.151%	$1.8M	$34.7M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0219%	1h	1.5185	−0.230%	$1.3M	$4K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	−0.177%	$23.7M	$77.9M	125x	as long as short
RISEx XRP/USDC	+0.0394%	1h	1.5195	−0.162%	$528K	$806K	10x	as long as short
Aftermath Perps XRPUSD	+0.0700%	1h	1.5209	−0.073%	$2K	$16K	10x	as long as short