XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.14 per $10,000 · paid last 24h +0.023%

Price spread now: Coinbase International against Arcus−0.090%7-day average +0.029% · 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−$37as in the Price arb table

costs, in and out, $10k−$260.255% of the position

Long on Arcus Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.039%+$4 on $10k

Price spread, last 3 days (all we have)−0.018%−$2 · spread now −0.090%, 7d avg +0.029%

Together, before fees+0.021%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.119% cheaper against Arcus than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of +0.029%). If the spread goes back, that is −$12 on $10k: about 3.4 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.039% in total) that is about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus XRP-USD	1.5536	0.0100	pay 0.0013% / 1h	4m 29s	$119K	$746K	20x
Short	Coinbase International XRP-PERP-INTX	1.5522	0.0216	get 0.0027% / 1h	4m 29s	$6.0M	$47.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Arcus. 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 ArcusbpFee Coinbase InternationalbpOrdersPrice spread, now −0.090%Rate

Funding earned: $24.36
Price spread: −0.090% → +0.029%: −$11.89
Slippage, 4 orders: −$11.03
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$13.06
Costs to cover: 0.255%
Break-even: 10.8 days

Slippage from Arcus: live order book, 14 min ago; Coinbase International: live order book, 5 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 Arcus live order book, 14 min ago	0.64 bp	4.9 bp −$5	12.8 bp −$128	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	0.64 bp	7.1 bp −$7	9.5 bp −$95	21.8 bp −$2,183	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	1.5539	+0.019%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5532	−0.027%	$1.1M	$113K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5516	−0.129%	$9.6M	$25.2M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0001% / S +0.0113%	1h	1.5511	−0.161%	$853K	—	200x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5511	−0.159%	$260K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.154%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5515	−0.137%	$15.5M	$68.5M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0055%	8h	1.5514	−0.142%	$76K	$909K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5542	+0.036%	$3.0M	$12.5M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5544	+0.051%	$444K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5537	+0.010%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5534	−0.014%	$39.5M	$79.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5536	+0.003%	$640K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5537	+0.006%	$559.0M	$1.99B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5537	+0.006%	$346.3M	$904.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5539	+0.019%	$127.7M	$883.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5500	−0.232%	$576K	$41K	5x	as long as short
Arcus XRP-USDlong	+0.0100%	1h	1.5536	long leg	$119K	$746K	20x
Bulk XRP-USD	+0.0100%	1h	1.5501	−0.223%	$1.7M	$578K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5532	−0.026%	$372.0M	$144.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5533	−0.019%	$301.2M	$869.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5532	−0.024%	$113.3M	$161.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5538	+0.013%	$271.2M	$366.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5534	−0.013%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5512	−0.152%	$11.5M	$30.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5481	−0.355%	$672K	$102.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5513	−0.147%	$1.1M	$41.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5496	−0.257%	$1.0M	$885K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5540	+0.026%	$46K	$449K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5512	−0.155%	$42K	$66K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5517	−0.122%	$835K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5517	−0.119%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5515	−0.135%	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5502	−0.217%	$50.9M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5514	−0.142%	$55.2M	$29.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5530	−0.038%	—	$10K	10x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5531	−0.035%	$484K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5533	−0.019%	$11K	$261K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5528	−0.055%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5514	−0.145%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5537	+0.006%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5538	+0.010%	$1.4M	$8K	15x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0216%	1h	1.5522	−0.090%	$6.0M	$47.5M	50x
BloFin XRP-USDT	+0.0220%	8h	1.5516	−0.129%	$24.5M	$73.8M	125x	as long as short
Hibachi XRP/USDT-P	+0.0256%	1h	1.5494	−0.268%	$18K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0296%	1h	1.5526	−0.064%	$1.7M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0321%	8h	1.5525	−0.071%	$2.0M	$33.2M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5520	−0.103%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5545	+0.059%	$509K	$630K	10x	as long as short
Hyperliquid XRP	+0.0582%	1h	1.5557	+0.135%	$291.6M	$205.1M	20x	as long as short
Aftermath Perps XRPUSD	+0.0773%	1h	1.5518	−0.113%	$1K	$11K	10x	as long as short