Funding you earn now, next payment 08:00 UTC−0.0394%/8h= −43.2% APRnext payment −$0.49 per $10,000 · paid last 24h −0.146%
Price spread now: dYdX against RISEx−0.124%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$640.642% of the position
Funding, last 4 days (all we have)−0.447%−$45 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.124%, 7d avg −0.049%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and dYdX is 0.076% cheaper against RISEx than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.049%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XRP/USDC | 1.5187 | 0.0394 | pay 0.0049% / 1h | 7m 06s | $521K | $798K | 10x |
| Short | dYdX XRP-USD | 1.5169 | 0 | get 0.0000% / 1h | 7m 06s | $1.1M | $148K | 10x |
RISEx XRP/USDC
dYdX XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against RISEx. 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
- −$82.81
- Price spread: −0.124% → −0.049%
- −$7.56
- Slippage, 4 orders
- −$48.17
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$154.53
- Costs to cover
- 0.642%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 31 min ago; dYdX: 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 RISEx live order book, 31 min ago | 2.90 bp | 5.9 bp −$6 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 2 min ago | 19.76 bp | 27.6 bp −$28 | 40.5 bp −$405 | 62.8 bp −$6,277 | 101.6 bp −$50.8K |
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 | 1.5178 | −0.062% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USDshort | 0.0000% | 1h | 1.5169 | −0.124% | $1.1M | $148K | 10x | |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5179 | −0.057% | $246K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5184 | −0.023% | $7.7M | $24.0M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.453% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5182 | −0.037% | $14.6M | $73.6M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0088% | 1h | 1.5186 | −0.012% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5182 | −0.038% | $2.8M | $15.2M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5184 | −0.023% | $605K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5180 | −0.049% | $20K | $382K | 20x | as long as short |
Hotstuff XRP-PERP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Hibachi XRP/USDT-P
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5178 | −0.059% | $999K | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5178 | −0.060% | $38.5M | $86.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5171 | −0.111% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5179 | −0.059% | $529.7M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5177 | −0.069% | $349.9M | $948.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5179 | −0.056% | $127.5M | $863.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5172 | −0.102% | $564K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5188 | +0.003% | $144K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5189 | +0.010% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5178 | −0.062% | $378.0M | $162.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5182 | −0.036% | $310.1M | $929.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5179 | −0.057% | $106.7M | $183.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5178 | −0.062% | $268.9M | $388.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5179 | −0.056% | — | $107.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5163 | −0.164% | $4.8M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5164 | −0.157% | $660K | $113.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5172 | −0.102% | $1.1M | $34.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5168 | −0.128% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5185 | −0.020% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5183 | −0.030% | $52K | $514K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5176 | −0.078% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5182 | −0.036% | $77K | $689K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5185 | −0.020% | $817K | $77K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5183 | −0.028% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5179 | −0.056% | $29K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5178 | −0.059% | $49.5M | $15.3M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5180 | −0.049% | $54.1M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5175 | −0.081% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5173 | −0.096% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5186 | −0.010% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5180 | −0.046% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0109% / S −0.0071% | 1h | 1.5172 | −0.099% | $784K | — | 200x | as long as short |
| Hyperliquid XRP | +0.0143% | 1h | 1.5193 | +0.036% | $290.0M | $268.1M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0165% | 8h | 1.5182 | −0.036% | $1.8M | $33.7M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5186 | −0.010% | $5.6M | $48.0M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0180% | 1h | 1.5190 | +0.017% | $2.0M | $1.4M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5179 | −0.056% | $23.6M | $77.7M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5172 | −0.103% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDClong | +0.0394% | 1h | 1.5187 | long leg | $521K | $798K | 10x | |
| Phoenix XRP | +0.0526% | 1h | 1.5170 | −0.115% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0574% | 1h | 1.5177 | −0.066% | $2K | $16K | 10x | as long as short |
Nado XRP-PERP
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
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Hyperliquid XRP
Kalshi KXXRPPERP
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
Phoenix XRP
Aftermath Perps XRPUSD