XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.029%

Price spread now: Coinbase International against Variational Omni+0.021%7-day average +0.046% · you sell dearer than you buy

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

Long on Variational Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.050%+$5 on $10k

Price spread, last 4 days (all we have)+0.259%+$26 · spread now +0.021%, 7d avg +0.046%

Together, before fees+0.308%+ Points / potential airdropVariational Omni: Active · farm board+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.025% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.021% now, against its 7-day average of +0.046%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XRP	1.5137	0.0100	pay 0.0100% / 8h	4h 15m	$5.2M	$37.7M	—
Short	Coinbase International XRP-PERP-INTX	1.5140	0.0192	get 0.0024% / 1h	15m 32s	$5.6M	$47.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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 Variational OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.021%Rate

Funding earned: $19.32
Price spread: +0.021% → +0.046%: −$2.54
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $6.78
Costs to cover: 0.100%
Break-even: 4.5 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Coinbase International: live order book, 4 min ago. 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 Variational Omni RFQ quote, 4 min ago	2.05 bp	doesn't fit	2.5 bp −$25	13.3 bp −$1,333	doesn't fit
Sell Coinbase International live order book, 4 min ago	0.33 bp	7.3 bp −$7	10.2 bp −$102	22.6 bp −$2,261	doesn't fit

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	−0.012%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0071%	1h	1.5135	−0.013%	$14.3M	$73.8M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5143	+0.037%	$1.1M	$111K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5150	+0.087%	$67K	$110K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5140	+0.021%	$7.7M	$25.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5136	−0.006%	$253K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.795%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0044% / S +0.0023%	1h	1.5134	−0.016%	$789K	—	200x	as long as short
Orderly PERP_XRP_USDC	+0.0088%	8h	1.5135	−0.012%	$62K	$934K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5149	+0.083%	$2.8M	$14.6M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5149	+0.080%	$498K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5146	+0.060%	$11K	$329K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5147	+0.064%	$1.1M	$6.0M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5157	+0.133%	$280.4M	$227.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5146	+0.063%	$38.3M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5148	+0.074%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5152	+0.100%	$534.4M	$2.12B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5152	+0.100%	$347.0M	$934.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5148	+0.074%	$126.2M	$874.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5132	−0.032%	$564K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5155	+0.120%	$110K	$713K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5174	+0.246%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5147	+0.067%	$369.2M	$154.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5146	+0.060%	$291.3M	$902.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5147	+0.067%	$108.0M	$174.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5146	+0.060%	$268.0M	$385.0M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5146	+0.060%	—	$127.0M	—	as long as short
Variational Omni XRPlong	+0.0100%	8h	1.5137	long leg	$5.2M	$37.7M	—
edgeX XRPUSDC	+0.0100%	4h	1.5145	+0.057%	$659K	$108.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5149	+0.081%	$1.1M	$36.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5156	+0.127%	$1.2M	$1.1M	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5139	+0.014%	$44K	$454K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5134	−0.020%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5139	+0.013%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5147	+0.069%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5138	+0.008%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5137	+0.004%	$49.5M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5137	+0.001%	$53.9M	$30.9M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5146	+0.061%	$472K	$55K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5142	+0.032%	—	$11K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5141	+0.030%	$2.0M	$6.8M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5156	+0.127%	$8K	$8K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5137	−0.001%	$58K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0181%	1h	1.5142	+0.034%	$2.0M	$1.4M	25x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0192%	1h	1.5140	+0.021%	$5.6M	$47.0M	50x
Hibachi XRP/USDT-P	+0.0200%	1h	1.5150	+0.089%	$17K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0216%	1h	1.5136	−0.004%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5152	+0.100%	$24.2M	$76.1M	125x	as long as short
Kalshi KXXRPPERP	+0.0315%	8h	1.5146	+0.060%	$2.1M	$34.6M	2.9x	as long as short
RISEx XRP/USDC	+0.0352%	1h	1.5156	+0.127%	$516K	$773K	10x	as long as short
Aftermath Perps XRPUSD	+0.0669%	1h	1.5158	+0.140%	$2K	$15K	10x	as long as short