Funding you earn now, next payment 07:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.19 per $10,000 · paid last 24h −0.063%
Price spread now: Hotstuff against 01 Exchange−0.191%59s7-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 −$5 a day on $10k at the current rate, and Hotstuff is 0.191% cheaper against 01 Exchange than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 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 | 01 Exchange XRPUSD | 1.5154 | 0.0072 | pay 0.0009% / 1h | 49m 41s | $8K | $8K | 10x |
| Short | Hotstuff XRP-PERP | 1.5125 | −0.0080 | pay 0.0010% / 1h | 49m 41s | $5K | $3K | 20x |
01 Exchange XRPUSD
Hotstuff XRP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against 01 Exchange. 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
- −$31.92
- Price spread: −0.191% → 0.000%
- −$19.14
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$63.06
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
01 Exchange and 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 | 1.5125 | −0.191% | $5K | $3K | 20x | |
| dYdX XRP-USD | 0.0000% | 1h | 1.5155 | +0.004% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5140 | −0.092% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5163 | +0.061% | $245K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5168 | +0.091% | $14.4M | $75.3M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.679% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSDlong | +0.0072% | 1h | 1.5154 | long leg | $8K | $8K | 10x | |
| GMX XRP/USD [ETH-USDC] | L +0.0078% / S −0.0025% | 1h | 1.5162 | +0.054% | $799K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5159 | +0.032% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5160 | +0.040% | $546K | $3.2M | 20x | as long as short |
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-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 | +0.0099% | 8h | 1.5146 | −0.053% | $12K | $367K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5122 | −0.212% | $994K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5160 | +0.039% | $38.5M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5159 | +0.035% | $606K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5158 | +0.026% | $528.8M | $2.23B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5156 | +0.013% | $344.8M | $967.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5157 | +0.020% | $127.2M | $891.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5129 | −0.165% | $563K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5156 | +0.013% | $143K | $718K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5129 | −0.166% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5155 | +0.007% | $373.5M | $158.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5156 | +0.013% | $298.0M | $918.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5162 | +0.051% | $107.4M | $182.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5155 | +0.007% | $267.1M | $400.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5159 | +0.033% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5130 | −0.158% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5141 | −0.084% | $658K | $114.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5155 | +0.007% | $1.1M | $36.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5146 | −0.053% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5151 | −0.018% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5160 | +0.040% | $46K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5164 | +0.063% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5163 | +0.059% | $62K | $930K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5165 | +0.069% | $816K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5158 | +0.027% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5166 | +0.079% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5164 | +0.067% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5164 | +0.066% | $54.1M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5163 | +0.062% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5151 | −0.017% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5163 | +0.056% | $58K | $25K | 3x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0146% | 1h | 1.5171 | +0.112% | $7.7M | $25.1M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0161% | 1h | 1.5178 | +0.158% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5125 | −0.193% | $17K | $82K | 7x | as long as short |
| Hyperliquid XRP | +0.0176% | 1h | 1.5169 | +0.099% | $289.3M | $264.1M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5170 | +0.106% | $5.7M | $48.4M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5155 | +0.009% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5137 | −0.112% | $23.5M | $77.7M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0221% | 8h | 1.5147 | −0.046% | $1.8M | $35.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5154 | +0.003% | $522K | $796K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0556% | 1h | 1.5147 | −0.044% | $2K | $16K | 10x | as long as short |
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-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
Deribit XRP_USDC-PERPETUAL
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD