XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0205%/8h= −22.5% APRnext payment −$0.26 per $10,000 · paid last 24h −0.119%

Price spread now: Derive against RISEx+0.034%7-day average −0.050% · you sell dearer than you buy

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

Long on RISEx Short on Derive

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.330%−$33 on $10k

Price spread, last 4 days (all we have)−0.248%−$25 · spread now +0.034%, 7d avg −0.050%

Together, before fees−0.578%−$58 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Derive is 0.084% dearer against RISEx than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of −0.050%): +$8 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XRP/USDC	1.4999	0.0305	pay 0.0038% / 1h	24m 16s	$515K	$784K	10x
Short	Derive XRP-PERP	1.5004	0.0100	get 0.0013% / 1h	24m 16s	$807K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against RISEx. 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 RISExbpFee DerivebpOrdersPrice spread, now +0.034%Rate

Funding earned: −$43.08
Price spread: +0.034% → −0.050%: $8.42
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Derive: 3 bp × 2 orders: −$6
Net: −$46.66
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 24 min ago; Derive: 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 RISEx live order book, 24 min ago	1.82 bp	4.8 bp −$5	8.9 bp −$89	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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	1.4997	−0.014%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5010	+0.074%	$14.1M	$74.9M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.4997	−0.012%	$1.1M	$130K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.4980	−0.128%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5000	+0.005%	$243K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.739%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0069% / S −0.0013%	1h	1.4998	−0.006%	$788K	—	200x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5005	+0.039%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5010	+0.076%	$2.8M	$15.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5010	+0.072%	$543K	$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	+0.0099%	8h	1.4990	−0.061%	$10K	$362K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5000	+0.009%	$953K	$6.3M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5019	+0.132%	$286.4M	$261.7M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5006	+0.048%	$38.2M	$87.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5002	+0.019%	$600K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5010	+0.072%	$521.5M	$2.21B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5006	+0.046%	$341.6M	$964.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5007	+0.052%	$124.5M	$877.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.4996	−0.021%	$556K	$31K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5000	+0.006%	$143K	$719K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5027	+0.185%	$1.6M	$4K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5006	+0.046%	$368.4M	$159.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5008	+0.059%	$278.1M	$919.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5006	+0.048%	$104.7M	$181.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5004	+0.032%	$263.5M	$397.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5000	+0.006%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.4960	−0.261%	$4.7M	$38.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.4951	−0.319%	$649K	$112.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5001	+0.011%	$1.1M	$37.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.4945	−0.361%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5001	+0.012%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5003	+0.026%	$51K	$489K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5000	+0.006%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5005	+0.039%	$62K	$934K	50x	as long as short
Derive XRP-PERPshort	+0.0100%	1h	1.5004	+0.034%	$807K	$72K	10x
SunX XRP-USDT	+0.0100%	8h	1.5004	+0.035%	$126K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5010	+0.072%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5007	+0.049%	$49.0M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5003	+0.026%	$53.5M	$32.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5012	+0.083%	$468K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5002	+0.021%	$1.9M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5005	+0.042%	$58K	$25K	3x	as long as short
Kalshi KXXRPPERP	+0.0148%	8h	1.4999	−0.001%	$1.7M	$35.8M	2.9x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0150%	1h	1.5012	+0.086%	$7.6M	$25.6M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0165%	1h	1.5017	+0.119%	$2.0M	$1.4M	25x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5014	+0.099%	$5.5M	$48.2M	50x	as long as short
Hibachi XRP/USDT-P	+0.0200%	1h	1.4994	−0.035%	$17K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.4997	−0.013%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.4995	−0.028%	$23.3M	$76.3M	125x	as long as short
RISEx XRP/USDClong	+0.0305%	1h	1.4999	long leg	$515K	$784K	10x
Aftermath Perps XRPUSD	+0.0616%	1h	1.5002	+0.021%	$2K	$16K	10x	as long as short