Funding you earn now, next payment 06:00 UTC−0.0385%/8h= −42.2% APRnext payment −$0.48 per $10,000 · paid last 24h −0.173%
Price spread now: Hotstuff against RISEx−0.032%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Hotstuff is 0.032% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 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 | RISEx XRP/USDC | 1.4963 | 0.0305 | pay 0.0038% / 1h | 26m 45s | $510K | $781K | 10x |
| Short | Hotstuff XRP-PERP | 1.4958 | −0.0080 | pay 0.0010% / 1h | 26m 45s | $5K | $3K | 20x |
RISEx XRP/USDC
Hotstuff XRP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$80.88
- Price spread: −0.032% → 0.000%
- −$3.2
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$95.09
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 22 min ago; Hotstuff: 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, 22 min ago | 1.82 bp | 4.8 bp −$5 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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-PERPshort | −0.0080% | 1h | 1.4958 | −0.032% | $5K | $3K | 20x | |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.4943 | −0.132% | $14.1M | $75.2M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.4944 | −0.126% | $1.1M | $130K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5010 | +0.315% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.4943 | −0.132% | $7.6M | $25.8M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.4937 | −0.174% | $244K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.991% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.4935 | −0.184% | $787K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.4960 | −0.019% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.4948 | −0.098% | $2.8M | $15.0M | 20x | as long as short |
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.4950 | −0.086% | $540K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.4940 | −0.152% | $11K | $363K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.4948 | −0.096% | $940K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.4960 | −0.019% | $284.8M | $261.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.4950 | −0.086% | $38.1M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.4953 | −0.069% | $598K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.4952 | −0.075% | $523.3M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.4945 | −0.119% | $339.8M | $970.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.4953 | −0.065% | $123.6M | $880.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.4932 | −0.206% | $556K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.4964 | +0.008% | $143K | $733K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5027 | +0.428% | $1.6M | $4K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.4949 | −0.092% | $365.7M | $158.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.4948 | −0.099% | $278.0M | $917.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.4946 | −0.110% | $104.4M | $181.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.4954 | −0.059% | $262.5M | $398.9M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.4946 | −0.112% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5004 | +0.277% | $4.7M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5011 | +0.325% | $652K | $112.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5001 | +0.253% | $1.1M | $37.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5018 | +0.369% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.4957 | −0.042% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.4947 | −0.106% | $51K | $492K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.4939 | −0.159% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.4936 | −0.179% | $61K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.4939 | −0.161% | $804K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.4945 | −0.122% | $125K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.4946 | −0.112% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.4938 | −0.167% | $48.8M | $15.9M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.4945 | −0.119% | $53.3M | $32.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.4957 | −0.038% | $466K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.4939 | −0.159% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.4942 | −0.139% | $57K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0137% | 8h | 1.4956 | −0.045% | $1.6M | $35.8M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0154% | 1h | 1.4950 | −0.086% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.4948 | −0.099% | $5.5M | $48.0M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0208% | 1h | 1.4967 | +0.029% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.4936 | −0.179% | $1.3M | $6K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.4939 | −0.159% | $23.2M | $76.1M | 125x | as long as short |
| RISEx XRP/USDClong | +0.0305% | 1h | 1.4963 | long leg | $510K | $781K | 10x | |
| Aftermath Perps XRPUSD | +0.0633% | 1h | 1.5011 | +0.323% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
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-USDC
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
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
Aftermath Perps XRPUSD