Funding you earn now, next payment 03:00 UTC+0.0173%/8h= +19.0% APRpaid last 24h +0.017%
Price spread now: Kraken Futures against Variational Omni−0.271%7-day average +0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)+0.595%+$60 · spread now −0.271%, 7d avg +0.024%
=Together, before fees+0.659%+ Points / potential airdropVariational Omni: Active · farm board+$66 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.295% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.271% now, against its 7-day average of +0.024%). If the spread goes back, that is −$29 on $10k: about 5.7 days of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.064% in total) that is about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XRP | 1.5198 | 0.0100 | pay 0.0100% / 8h | 5h 27m | $5.8M | $36.4M | — |
| Short | Kraken Futures PF_XRPUSD | 1.5157 | 0.0273 | get 0.0034% / 1h | 27m 23s | $14.5M | $73.1M | 50x |
Variational Omni XRP
Kraken Futures PF_XRPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $36.36
- Price spread: −0.271% → +0.024%
- −$29.48
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$3.12
- Costs to cover
- 0.100%
- Break-even
- 7.6 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Kraken Futures: live order book, 2 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, 2 min ago | 2.04 bp | doesn't fit | 2.6 bp −$26 | 21.4 bp −$2,142 | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 1.32 bp | 6.9 bp −$7 | 12.5 bp −$125 | 21.1 bp −$2,111 | 45.3 bp −$22.6K |
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 | 1.5163 | −0.233% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5150 | −0.319% | $1.1M | $110K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5146 | −0.343% | $253K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5161 | −0.246% | $7.7M | $25.4M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.379% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0034% / S +0.0043% | 1h | 1.5160 | −0.255% | $818K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5153 | −0.299% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0076% | 8h | 1.5157 | −0.272% | $62K | $935K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5155 | −0.285% | $2.8M | $14.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5153 | −0.299% | $511K | $3.3M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5146 | −0.345% | $10K | $309K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5151 | −0.308% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5160 | −0.252% | $281.0M | $221.7M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5153 | −0.299% | $38.4M | $83.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5155 | −0.287% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5148 | −0.329% | $537.0M | $2.09B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5147 | −0.338% | $343.8M | $927.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5150 | −0.318% | $125.7M | $866.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5171 | −0.180% | $565K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5155 | −0.285% | $114K | $716K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5156 | −0.278% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5151 | −0.312% | $369.1M | $152.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5151 | −0.312% | $292.6M | $899.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5150 | −0.318% | $108.2M | $171.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5148 | −0.332% | $267.6M | $379.8M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5146 | −0.345% | — | $4.1M | — | as long as short |
| Variational Omni XRPlong | +0.0100% | 8h | 1.5198 | long leg | $5.8M | $36.4M | — | |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5184 | −0.096% | $659K | $107.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5175 | −0.156% | $1.1M | $35.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5208 | +0.063% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5154 | −0.294% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5150 | −0.318% | $42K | $450K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5148 | −0.331% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5158 | −0.263% | $816K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5173 | −0.164% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5159 | −0.259% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5155 | −0.283% | $49.6M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5161 | −0.246% | $54.0M | $30.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5152 | −0.307% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5148 | −0.329% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5155 | −0.282% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0193% | 1h | 1.5162 | −0.239% | $1.9M | $1.3M | 25x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5145 | −0.352% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5166 | −0.213% | $5.6M | $46.5M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5178 | −0.134% | $24.2M | $75.1M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0240% | 1h | 1.5184 | −0.095% | $17K | $82K | 7x | as long as short |
| Kraken Futures PF_XRPUSDshort | +0.0273% | 1h | 1.5157 | −0.271% | $14.5M | $73.1M | 50x | |
| Kalshi KXXRPPERP | +0.0354% | 8h | 1.5178 | −0.134% | $2.1M | $35.0M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0484% | 1h | 1.5156 | −0.277% | $516K | $776K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5190 | −0.055% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0685% | 1h | 1.5167 | −0.207% | $2K | $14K | 10x | as long as short |
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
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD