XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%

Price spread now: dYdX against SoDEX−0.040%7-day average +0.007% · 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−$75as in the Price arb table

costs, in and out, $10k−$710.708% of the position

Long on SoDEX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.088%−$9 on $10k

Price spread, last 3 days (all we have)+0.074%+$7 · spread now −0.040%, 7d avg +0.007%

Together, before fees−0.014%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.047% cheaper against SoDEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.007%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XRP-USD	1.5130	0.0100	pay 0.0013% / 1h	35m 21s	$29K	$1.7M	10x
Short	dYdX XRP-USD	1.5124	0	get 0.0000% / 1h	35m 21s	$1.1M	$120K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. 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 SoDEXbpFee dYdXbpOrdersPrice spread, now −0.040%Rate

Funding earned: −$21
Price spread: −0.040% → +0.007%: −$4.65
Slippage, 4 orders: −$52.82
Fee SoDEX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$96.47
Costs to cover: 0.708%
Break-even: never at this rate

Slippage from SoDEX: live order book, 4 min ago; dYdX: live order book, 4 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 SoDEX live order book, 4 min ago	0.33 bp	4.3 bp −$4	7.9 bp −$79	doesn't fit	doesn't fit
Sell dYdX live order book, 4 min ago	22.55 bp	29.9 bp −$30	40.3 bp −$403	163.8 bp −$16.4K	306.7 bp −$153.3K

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	1.5135	+0.033%	$5K	$3K	20x	as long as short
dYdX XRP-USDshort	0.0000%	1h	1.5124	−0.040%	$1.1M	$120K	10x
Phoenix XRP	0.0000%	1h	1.5100	−0.198%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5123	−0.044%	$252K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0019% / S +0.0062%	1h	1.5122	−0.055%	$801K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.842%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5128	−0.012%	$14.6M	$72.7M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0071%	8h	1.5133	+0.020%	$58K	$949K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5131	+0.009%	$2.8M	$14.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5132	+0.013%	$517K	$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	+0.0100%	8h	1.5127	−0.020%	$11K	$307K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5136	+0.043%	$806K	$5.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5135	+0.035%	$38.5M	$84.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5134	+0.024%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5129	−0.007%	$537.3M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5129	−0.007%	$340.1M	$942.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5133	+0.020%	$123.6M	$871.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5069	−0.403%	$561K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5138	+0.053%	$115K	$723K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5101	−0.192%	$1.6M	$307K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5128	−0.013%	$367.1M	$151.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5131	+0.007%	$290.5M	$907.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5135	+0.036%	$106.7M	$172.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5136	+0.040%	$265.7M	$385.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5127	−0.020%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5126	−0.025%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5093	−0.244%	$655K	$108.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5084	−0.306%	$1.1M	$38.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5107	−0.152%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5133	+0.023%	—	$12K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5135	+0.033%	$45K	$446K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5132	+0.012%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5131	+0.004%	$814K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5136	+0.040%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USDlong	+0.0100%	1h	1.5130	long leg	$29K	$1.7M	10x
HTX XRP-USDT	+0.0100%	8h	1.5130	+0.001%	$49.6M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5130	0.000%	$53.8M	$29.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5132	+0.016%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5131	+0.004%	$2.0M	$7.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5130	−0.003%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0144%	1h	1.5136	+0.040%	$8K	$8K	10x	as long as short
Hyperliquid XRP	+0.0211%	1h	1.5142	+0.079%	$280.7M	$221.9M	20x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5131	+0.009%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5138	+0.053%	$5.7M	$46.6M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.416%	$24.0M	$75.2M	125x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0279%	1h	1.5133	+0.020%	$7.6M	$25.3M	50x	as long as short
Hibachi XRP/USDT-P	+0.0320%	1h	1.5094	−0.239%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0337%	1h	1.5141	+0.073%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0342%	8h	1.5112	−0.119%	$2.1M	$36.1M	2.9x	as long as short
RISEx XRP/USDC	+0.0456%	1h	1.5139	+0.059%	$536K	$783K	10x	as long as short
Aftermath Perps XRPUSD	+0.0799%	1h	1.5121	−0.059%	$2K	$14K	10x	as long as short