Funding you earn now, next payment 22:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.14 per $10,000 · paid last 24h −0.022%
Price spread now: Extended against Coinbase International+0.036%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$210.212% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 3 days (all we have)+0.045%+$5 · spread now +0.036%, 7d avg −0.055%
=Together, before fees+0.082%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.090% dearer against Coinbase International than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of −0.055%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XRP-PERP-INTX | 1.5522 | 0.0216 | pay 0.0027% / 1h | 4m 51s | $6.0M | $47.5M | 50x |
| Short | Extended XRP-USD | 1.5528 | 0.0104 | get 0.0013% / 1h | 4m 51s | $2.1M | $7.1M | 50x |
Coinbase International XRP-PERP-INTX
Extended XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$23.52
- Price spread: +0.036% → −0.055%
- $9.01
- Slippage, 4 orders
- −$6.21
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$35.72
- Costs to cover
- 0.212%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago | 0.64 bp | 8.0 bp −$8 | 11.1 bp −$111 | 23.9 bp −$2,391 | doesn't fit |
| Sell Extended live order book, 4 min ago | 0.32 bp | 2.8 bp −$3 | 3.8 bp −$38 | 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 | 1.5511 | −0.071% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5504 | −0.117% | $1.1M | $113K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5516 | −0.039% | $9.6M | $25.2M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0001% / S +0.0113% | 1h | 1.5511 | −0.071% | $853K | — | 200x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5511 | −0.069% | $260K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +0.245% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0041% | 1h | 1.5515 | −0.047% | $15.5M | $68.5M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0055% | 8h | 1.5514 | −0.052% | $76K | $909K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5516 | −0.038% | $3.0M | $12.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5518 | −0.026% | $443K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
GMX XRP/USD [ETH-USDC]
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5512 | −0.063% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5522 | +0.001% | $39.5M | $79.0M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5510 | −0.077% | $638K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5538 | +0.100% | $559.1M | $1.99B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5538 | +0.103% | $346.6M | $903.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5537 | +0.097% | $127.8M | $882.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5500 | −0.142% | $576K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5514 | −0.052% | $119K | $746K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5501 | −0.133% | $1.7M | $578K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5536 | +0.090% | $372.1M | $143.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5537 | +0.097% | $301.1M | $869.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5524 | +0.011% | $113.2M | $161.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5533 | +0.071% | $271.2M | $366.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5536 | +0.090% | — | $119.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5512 | −0.062% | $11.5M | $30.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5481 | −0.265% | $672K | $102.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5513 | −0.057% | $1.1M | $41.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5496 | −0.168% | $1.0M | $885K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5514 | −0.053% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5515 | −0.045% | $46K | $449K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5512 | −0.065% | $42K | $66K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5517 | −0.032% | $835K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5517 | −0.029% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5515 | −0.045% | $32K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5502 | −0.127% | $50.9M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5514 | −0.052% | $55.2M | $29.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5512 | −0.063% | $484K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5508 | −0.090% | $11K | $261K | 20x | as long as short |
| Extended XRP-USDshort | +0.0104% | 1h | 1.5528 | +0.036% | $2.1M | $7.1M | 50x | |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5514 | −0.054% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0176% | 1h | 1.5515 | −0.045% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5512 | −0.067% | $1.4M | $8K | 15x | as long as short |
| Coinbase International XRP-PERP-INTXlong | +0.0216% | 1h | 1.5522 | long leg | $6.0M | $47.5M | 50x | |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5516 | −0.039% | $24.5M | $73.8M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0256% | 1h | 1.5494 | −0.178% | $18K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0296% | 1h | 1.5526 | +0.026% | $1.7M | $1.0M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0321% | 8h | 1.5525 | +0.019% | $2.0M | $33.2M | 2.9x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5520 | −0.013% | $69K | $90K | 15x | as long as short |
| RISEx XRP/USDC | +0.0527% | 1h | 1.5523 | +0.005% | $508K | $630K | 10x | as long as short |
| Hyperliquid XRP | +0.0579% | 1h | 1.5531 | +0.058% | $290.4M | $204.6M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0773% | 1h | 1.5518 | −0.023% | $1K | $11K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
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
Vest XRP-PERP
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
Katana Perps XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Phoenix XRP
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD