XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.25 per $10,000 · paid last 24h −0.009%

Price spread now: Orderly against Bybit+0.053%7-day average 0.000% · you sell dearer than you buy

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

Long on Bybit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 4 days (all we have)−0.408%−$41 · spread now +0.053%, 7d avg 0.000%

Together, before fees−0.447%−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.053% dearer against Bybit than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of 0.000%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XRPUSDT	1.5171	0.0100	pay 0.0100% / 8h	5h 29m	$344.5M	$927.5M	100x
Short	Orderly PERP_XRP_USDC	1.5179	0.0075	get 0.0075% / 8h	5h 29m	$62K	$935K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bybit. 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 BybitbpFee OrderlybpOrdersPrice spread, now +0.053%Rate

Funding earned: −$5.15
Price spread: +0.053% → 0.000%: $5.31
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$16.84
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 5 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 Bybit live order book, 5 min ago	0.33 bp	5.8 bp −$6	6.8 bp −$68	11.8 bp −$1,180	25.3 bp −$12.7K
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	1.5187	+0.105%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5188	+0.115%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5183	+0.077%	$254K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5176	+0.033%	$7.7M	$25.4M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.564%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0034% / S +0.0043%	1h	1.5183	+0.077%	$820K	—	200x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5181	+0.066%	$8K	$8K	10x	as long as short
Orderly PERP_XRP_USDCshort	+0.0075%	8h	1.5179	+0.053%	$62K	$935K	50x
Lighter XRP	+0.0096%	1h	1.5173	+0.012%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5173	+0.013%	$512K	$3.3M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5172	+0.007%	$10K	$309K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5183	+0.076%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5184	+0.085%	$281.4M	$221.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5174	+0.017%	$38.5M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5187	+0.105%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5172	+0.007%	$537.9M	$2.10B	100x	as long as short
Bybit XRPUSDTlong	+0.0100%	8h	1.5171	long leg	$344.5M	$927.5M	100x
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5175	+0.026%	$125.9M	$868.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5171	0.000%	$565K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5187	+0.105%	$115K	$707K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5156	−0.098%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5178	+0.046%	$370.0M	$152.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5173	+0.013%	$291.8M	$898.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5170	−0.009%	$108.4M	$171.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5179	+0.053%	$268.2M	$380.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5177	+0.040%	—	$126.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5198	+0.181%	$5.8M	$36.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5177	+0.037%	$659K	$109.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5214	+0.282%	$1.1M	$35.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5208	+0.244%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5190	+0.128%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5188	+0.112%	$42K	$450K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5185	+0.092%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5180	+0.059%	$817K	$73K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5187	+0.102%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5173	+0.013%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5182	+0.071%	$49.7M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5171	0.000%	$54.0M	$30.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5188	+0.111%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5169	−0.012%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5172	+0.005%	$58K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0200%	1h	1.5178	+0.046%	$1.9M	$1.3M	25x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5184	+0.085%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5177	+0.040%	$5.6M	$46.5M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5178	+0.046%	$24.2M	$75.1M	125x	as long as short
Hibachi XRP/USDT-P	+0.0248%	1h	1.5198	+0.179%	$17K	$82K	7x	as long as short
Kraken Futures PF_XRPUSD	+0.0273%	1h	1.5170	−0.005%	$14.5M	$73.1M	50x	as long as short
Kalshi KXXRPPERP	+0.0354%	8h	1.5182	+0.073%	$2.1M	$35.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5187	+0.104%	$517K	$776K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5190	+0.125%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0680%	1h	1.5182	+0.074%	$2K	$14K	10x	as long as short