Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Pacifica against Bulk+0.162%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$1as in the Price arb table
costs, in and out, $10k−$180.178% of the position
Funding, last 4 days (all we have)−0.001%$0 on $10k
+Price spread, last 7 days−0.180%−$18 · spread now +0.162%, 7d avg −0.004%
=Together, before fees−0.181%+ Points / potential airdropPacifica: Active · farm board−$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.166% dearer against Bulk than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk XRP-USD | 1.5057 | 0.0100 | pay 0.0013% / 1h | 35m 29s | $1.6M | $30K | 20x |
| Short | Pacifica XRP | 1.5081 | 0.0100 | get 0.0013% / 1h | 35m 29s | $605K | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Bulk. 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
- $0
- Price spread: +0.162% → −0.004%
- $16.57
- Slippage, 4 orders
- −$2.75
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$1.18
- Costs to cover
- 0.178%
- Break-even
- never at this rate
Slippage from Bulk: live order book, 4 min ago; Pacifica: live order book, 3 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 Bulk live order book, 4 min ago | 0.33 bp | 4.3 bp −$4 | 4.8 bp −$48 | 9.2 bp −$917 | 25.2 bp −$12.6K |
| Sell Pacifica live order book, 3 min ago | 0.33 bp | 4.3 bp −$4 | doesn't fit | doesn't fit | 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 | 1.5077 | +0.134% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5070 | +0.084% | $14.2M | $75.2M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5078 | +0.142% | $1.1M | $115K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5070 | +0.087% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5069 | +0.080% | $7.6M | $25.7M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5077 | +0.137% | $258K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.341% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.5077 | +0.135% | $789K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5081 | +0.160% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5080 | +0.152% | $2.8M | $14.8M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5080 | +0.154% | $496K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5066 | +0.061% | $11K | $359K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5077 | +0.136% | $917K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5091 | +0.227% | $289.4M | $258.6M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5078 | +0.139% | $38.5M | $86.6M | 100x | as long as short |
| Pacifica XRPshort | +0.0100% | 1h | 1.5081 | +0.162% | $605K | $1.1M | 20x | |
| Binance XRPUSDT | +0.0100% | 8h | 1.5078 | +0.140% | $528.6M | $2.19B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5081 | +0.160% | $342.7M | $957.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5080 | +0.154% | $124.6M | $892.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5036 | −0.139% | $560K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5082 | +0.167% | $136K | $716K | 20x | as long as short |
| Bulk XRP-USDlong | +0.0100% | 1h | 1.5057 | long leg | $1.6M | $30K | 20x | |
| Gate XRP_USDT | +0.0100% | 8h | 1.5079 | +0.147% | $371.3M | $157.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5080 | +0.154% | $288.8M | $911.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5079 | +0.150% | $106.7M | $180.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5078 | +0.140% | $266.3M | $396.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5081 | +0.160% | — | $105.6M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5067 | +0.068% | $4.7M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5056 | −0.005% | $654K | $111.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5067 | +0.067% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5062 | +0.034% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5078 | +0.144% | — | $13K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5082 | +0.167% | $51K | $493K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5077 | +0.130% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5066 | +0.061% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5064 | +0.047% | $811K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5070 | +0.090% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5066 | +0.061% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5065 | +0.053% | $49.2M | $15.8M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5076 | +0.127% | $53.7M | $31.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5085 | +0.187% | $470K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5075 | +0.118% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5063 | +0.041% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0123% | 8h | 1.5078 | +0.140% | $1.7M | $35.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0172% | 1h | 1.5085 | +0.187% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5076 | +0.127% | $5.6M | $48.4M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0216% | 1h | 1.5065 | +0.054% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5078 | +0.141% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5064 | +0.047% | $23.5M | $76.1M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5082 | +0.165% | $514K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0599% | 1h | 1.5069 | +0.077% | $2K | $15K | 10x | as long as short |
Bulk XRP-USD
Pacifica XRP
Kraken Futures PF_XRPUSD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Hyperliquid XRP
Aster XRPUSDT
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
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
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD