XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.023%

Price spread now: Binance against Coinbase International+0.180%53s7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$260.257% of the position

Long on Coinbase International Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.076%−$8 on $10k

Price spread, last 3 days (all we have)−0.107%−$11 · spread now +0.180%, 7d avg −0.025%

Together, before fees−0.183%−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.205% dearer against Coinbase International than usual: you sell high and buy low (spread +0.180% now, against its 7-day average of −0.025%): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.9 days. At the pace of the last 7 days (−0.076% in total) that is about 19 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International XRP-PERP-INTX	1.5470	0.0216	pay 0.0027% / 1h	7m 23s	$5.9M	$47.2M	50x
Short	Binance XRPUSDT	1.5498	0.0100	get 0.0100% / 8h	1h 07m	$557.9M	$1.99B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Coinbase International. 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 Coinbase InternationalbpFee BinancebpOrdersPrice spread, now +0.180%Rate

Funding earned: −$24.36
Price spread: +0.180% → −0.025%: $20.47
Slippage, 4 orders: −$5.73
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$29.63
Costs to cover: 0.257%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; Binance: live order book, 7 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 Coinbase International live order book, 2 min ago	0.64 bp	8.0 bp −$8	11.1 bp −$111	23.9 bp −$2,391	doesn't fit
Sell Binance live order book, 7 min ago	0.32 bp	5.3 bp −$5	6.4 bp −$64	11.4 bp −$1,144	25.2 bp −$12.6K

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	1.5481	+0.071%	$7K	$2K	20x	as long as short
GMX XRP/USD [ETH-USDC]	L −0.0001% / S +0.0114%	1h	1.5466	−0.026%	$848K	—	200x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5475	+0.033%	$1.1M	$113K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5467	−0.019%	$9.5M	$25.1M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5495	+0.161%	$259K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.582%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0042%	1h	1.5463	−0.048%	$15.4M	$68.4M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0054%	8h	1.5496	+0.168%	$76K	$909K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5478	+0.052%	$3.0M	$12.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5467	−0.019%	$441K	$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	1.5493	+0.152%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5495	+0.163%	$39.4M	$79.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5476	+0.038%	$637K	$1.1M	20x	as long as short
Binance XRPUSDTshort	+0.0100%	8h	1.5498	+0.180%	$557.9M	$1.99B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5496	+0.168%	$344.9M	$902.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5496	+0.168%	$127.5M	$880.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5467	−0.019%	$578K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5487	+0.110%	$119K	$745K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5501	+0.203%	$1.7M	$578K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5495	+0.162%	$363.2M	$142.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5497	+0.175%	$298.0M	$868.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5500	+0.193%	$113.3M	$160.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5499	+0.187%	$270.4M	$366.1M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5494	+0.155%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5501	+0.203%	$11.8M	$30.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5508	+0.246%	$673K	$101.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5513	+0.279%	$1.1M	$41.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5507	+0.239%	$1.0M	$884K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5488	+0.119%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5504	+0.220%	$46K	$449K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5496	+0.165%	$42K	$66K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5466	−0.023%	$832K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5480	+0.068%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5463	−0.045%	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5466	−0.027%	$50.8M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5453	−0.110%	$55.0M	$29.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5476	+0.037%	$482K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5491	+0.136%	$11K	$261K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5489	+0.125%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5465	−0.032%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5492	+0.142%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5495	+0.159%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTXlong	+0.0216%	1h	1.5470	long leg	$5.9M	$47.2M	50x
BloFin XRP-USDT	+0.0220%	8h	1.5514	+0.284%	$24.6M	$73.6M	125x	as long as short
Hibachi XRP/USDT-P	+0.0256%	1h	1.5472	+0.015%	$18K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0291%	1h	1.5461	−0.058%	$1.7M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0321%	8h	1.5506	+0.233%	$1.9M	$33.2M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5500	+0.194%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5501	+0.202%	$508K	$631K	10x	as long as short
Hyperliquid XRP	+0.0583%	1h	1.5514	+0.284%	$290.1M	$204.6M	20x	as long as short
Aftermath Perps XRPUSD	+0.0774%	1h	1.5510	+0.262%	$1K	$11K	10x	as long as short