Funding you earn now, next payment 06:00 UTC+0.0205%/8h= +22.5% APRnext payment +$0.26 per $10,000 · paid last 24h +0.119%
Price spread now: RISEx against Vest+0.022%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and RISEx is 0.022% dearer against Vest than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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 | Vest XRP-PERP | 1.5172 | 0.0100 | pay 0.0013% / 1h | 7m 38s | — | $15K | 10x |
| Short | RISEx XRP/USDC | 1.5175 | 0.0305 | get 0.0038% / 1h | 7m 38s | $518K | $790K | 10x |
Vest XRP-PERP
RISEx XRP/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Vest. 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
- $43.08
- Price spread: +0.022% → 0.000%
- $2.16
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $37.24
- Costs to cover
- 0.080%
- Break-even
- 0.9 days
Slippage unknown: Vest: no order-book sample; RISEx: live order book, 41 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 Vest no order-book sample | — | — | — | — | — |
| Sell RISEx live order book, 41 min ago | 1.82 bp | 4.8 bp −$5 | 8.7 bp −$87 | doesn't fit | doesn't fit |
Vest: 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-PERP | −0.0080% | 1h | 1.5172 | 0.000% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5173 | +0.010% | $14.4M | $74.9M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5164 | −0.056% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5090 | −0.540% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5174 | +0.013% | $246K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.558% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0073% / S −0.0018% | 1h | 1.5173 | +0.010% | $800K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5179 | +0.046% | $7.8M | $25.5M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5174 | +0.013% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5166 | −0.038% | $2.8M | $15.1M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
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 | 1.5169 | −0.020% | $548K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5166 | −0.039% | $11K | $362K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5172 | +0.001% | $1.0M | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5171 | −0.006% | $38.5M | $87.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5169 | −0.021% | $603K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5173 | +0.007% | $528.0M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5171 | −0.006% | $345.0M | $965.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5170 | −0.013% | $126.5M | $890.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5137 | −0.230% | $563K | $35K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5178 | +0.040% | $143K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5132 | −0.265% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5168 | −0.026% | $374.7M | $161.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5167 | −0.033% | $298.5M | $928.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5167 | −0.033% | $107.3M | $181.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5168 | −0.026% | $266.7M | $399.2M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5166 | −0.039% | — | $106.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5143 | −0.192% | $4.6M | $38.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5138 | −0.222% | $657K | $113.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5148 | −0.158% | $1.1M | $37.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5147 | −0.165% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERPlong | +0.0100% | 1h | 1.5172 | long leg | — | $15K | 10x | |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5179 | +0.046% | $52K | $488K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5173 | +0.005% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5174 | +0.013% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5176 | +0.024% | $817K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5177 | +0.034% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5172 | 0.000% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5160 | −0.080% | $49.6M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5173 | +0.007% | $54.1M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5174 | +0.012% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5164 | −0.051% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5173 | +0.007% | $58K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0144% | 1h | 1.5180 | +0.056% | $290.5M | $263.5M | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.0176% | 1h | 1.5161 | −0.073% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5179 | +0.046% | $5.7M | $48.6M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0207% | 1h | 1.5183 | +0.073% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0217% | 8h | 1.5173 | +0.007% | $1.7M | $35.5M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5173 | +0.008% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5150 | −0.145% | $23.2M | $77.4M | 125x | as long as short |
| RISEx XRP/USDCshort | +0.0305% | 1h | 1.5175 | +0.022% | $518K | $790K | 10x | |
| Aftermath Perps XRPUSD | +0.0582% | 1h | 1.5130 | −0.274% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
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
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
Hyperliquid XRP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
Aftermath Perps XRPUSD