XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0045%/8h= −5.0% APRnext payment −$0.45 per $10,000 · paid last 24h −0.006%

Price spread now: Orderly against Binance+0.109%7-day average −0.010% · you sell dearer than you buy

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

Long on Binance Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 3 days (all we have)−0.201%−$20 · spread now +0.109%, 7d avg −0.010%

Together, before fees−0.202%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.119% dearer against Binance than usual: you sell high and buy low (spread +0.109% now, against its 7-day average of −0.010%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.7 days. At the pace of the last 7 days (−0.001% in total) that is about 21 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XRPUSDT	1.5504	0.0100	pay 0.0100% / 8h	1h 05m	$557.8M	$1.99B	100x
Short	Orderly PERP_XRP_USDC	1.5521	0.0055	get 0.0055% / 8h	1h 05m	$76K	$909K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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 BinancebpFee OrderlybpOrdersPrice spread, now +0.109%Rate

Funding earned: −$9.55
Price spread: +0.109% → −0.010%: $11.86
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$13.69
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 8 min ago; Orderly: 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 Binance live order book, 8 min ago	0.32 bp	5.3 bp −$5	5.7 bp −$57	12.1 bp −$1,208	28.4 bp −$14.2K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	1.5513	+0.057%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5506	+0.015%	$1.1M	$113K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5521	+0.109%	$9.5M	$25.1M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0001% / S +0.0113%	1h	1.5522	+0.117%	$853K	—	200x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5521	+0.109%	$260K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.361%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5519	+0.094%	$15.5M	$68.5M	50x	as long as short
Orderly PERP_XRP_USDCshort	+0.0055%	8h	1.5521	+0.109%	$76K	$909K	50x
Lighter XRP	+0.0096%	1h	1.5517	+0.084%	$3.0M	$12.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5520	+0.103%	$443K	$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	1.5520	+0.101%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5517	+0.086%	$39.4M	$79.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5518	+0.088%	$639K	$1.1M	20x	as long as short
Binance XRPUSDTlong	+0.0100%	8h	1.5504	long leg	$557.8M	$1.99B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5504	−0.001%	$346.0M	$903.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5503	−0.007%	$127.7M	$880.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5467	−0.239%	$576K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5522	+0.116%	$119K	$746K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5501	−0.018%	$1.7M	$578K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5514	+0.064%	$363.6M	$143.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5504	−0.001%	$299.8M	$868.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5506	+0.012%	$113.0M	$161.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5504	−0.001%	$270.7M	$366.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5517	+0.083%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5501	−0.017%	$11.8M	$30.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5508	+0.026%	$673K	$101.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5513	+0.058%	$1.1M	$41.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5507	+0.019%	$1.0M	$884K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5526	+0.141%	$46K	$449K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5524	+0.130%	$42K	$66K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5523	+0.121%	$836K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5526	+0.138%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5520	+0.103%	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5517	+0.085%	$51.0M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5517	+0.083%	$55.2M	$29.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5514	+0.062%	—	$10K	10x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5517	+0.082%	$484K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5519	+0.096%	$11K	$261K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5499	−0.031%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5520	+0.100%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5527	+0.148%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5521	+0.106%	$1.4M	$8K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5529	+0.161%	$6.0M	$47.5M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5499	−0.033%	$24.6M	$73.6M	125x	as long as short
Hibachi XRP/USDT-P	+0.0256%	1h	1.5494	−0.063%	$18K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0294%	1h	1.5525	+0.135%	$1.7M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0320%	8h	1.5526	+0.141%	$1.9M	$33.2M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5500	−0.026%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5534	+0.195%	$509K	$631K	10x	as long as short
Hyperliquid XRP	+0.0581%	1h	1.5533	+0.186%	$290.4M	$204.6M	20x	as long as short
Aftermath Perps XRPUSD	+0.0770%	1h	1.5520	+0.101%	$1K	$11K	10x	as long as short