XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0102%/8h= −11.1% APRnext payment −$0.13 per $10,000 · paid last 24h −0.017%

Price spread now: 01 Exchange against Backpack−0.033%7-day average — · you buy dearer than you sell

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

Long on Backpack Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and 01 Exchange is 0.033% cheaper against Backpack than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack XRP_USDC_PERP	1.5195	0.0270	pay 0.0034% / 1h	25m 43s	$2.0M	$1.4M	25x
Short	01 Exchange XRPUSD	1.5190	0.0168	get 0.0021% / 1h	25m 43s	$8K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Backpack. 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 BackpackbpFee 01 ExchangebpOrdersPrice spread, now −0.033%Rate

Funding earned: −$21.34
Price spread: −0.033% → 0.000%: −$3.29
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$41.63
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 3 min ago; 01 Exchange: 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 Backpack live order book, 3 min ago	0.33 bp	5.3 bp −$5	7.7 bp −$77	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	1.5184	−0.072%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5188	−0.047%	$1.1M	$115K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5187	−0.056%	$254K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0013%	1h	1.5190	−0.033%	$7.8M	$25.5M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5184	−0.073%	$14.4M	$74.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.402%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5188	−0.048%	$793K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5189	−0.040%	$2.9M	$14.7M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5191	−0.026%	$497K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5187	−0.053%	$10K	$347K	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	1.5194	−0.003%	$989K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5183	−0.079%	$38.5M	$85.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5188	−0.047%	$609K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5185	−0.066%	$535.4M	$2.15B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5186	−0.059%	$347.0M	$943.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5186	−0.059%	$126.8M	$883.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5182	−0.086%	$565K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5189	−0.039%	$134K	$705K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5212	+0.112%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5185	−0.066%	$369.3M	$155.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5185	−0.066%	$296.1M	$904.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5187	−0.055%	$109.2M	$177.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5184	−0.072%	$269.4M	$389.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5185	−0.066%	—	$127.8M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5187	−0.055%	$4.9M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5228	+0.215%	$661K	$110.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5219	+0.158%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5252	+0.375%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5192	−0.019%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5196	+0.007%	$45K	$477K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5190	−0.035%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5185	−0.066%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5187	−0.050%	$817K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5192	−0.019%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5185	−0.066%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5200	+0.034%	$49.7M	$15.8M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5187	−0.053%	$54.0M	$31.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5185	−0.065%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5178	−0.111%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5184	−0.072%	$58K	$25K	3x	as long as short
01 Exchange XRPUSDshort	+0.0168%	1h	1.5190	−0.033%	$8K	$8K	10x
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5193	−0.013%	$5.7M	$47.7M	50x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5188	−0.047%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5184	−0.072%	$24.1M	$76.1M	125x	as long as short
Backpack XRP_USDC_PERPlong	+0.0270%	1h	1.5195	long leg	$2.0M	$1.4M	25x
Hibachi XRP/USDT-P	+0.0280%	1h	1.5193	−0.013%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0340%	8h	1.5199	+0.026%	$1.9M	$35.2M	2.9x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5187	−0.050%	$517K	$776K	10x	as long as short
Hyperliquid XRP	+0.0400%	1h	1.5202	+0.046%	$301.0M	$246.0M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5230	+0.230%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0676%	1h	1.5209	+0.094%	$2K	$15K	10x	as long as short