XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.030%

Price spread now: Variational Omni against Coinbase International+0.077%7-day average −0.045% · you sell dearer than you buy

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

Long on Coinbase International Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.052%−$5 on $10k

Price spread, last 4 days (all we have)−0.297%−$30 · spread now +0.077%, 7d avg −0.045%

Together, before fees−0.349%+ Points / potential airdropVariational Omni: Active · farm board−$35 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.122% dearer against Coinbase International than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of −0.045%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International XRP-PERP-INTX	1.5175	0.0184	pay 0.0023% / 1h	23m 19s	$5.7M	$47.7M	50x
Short	Variational Omni XRP	1.5187	0.0100	get 0.0100% / 8h	3h 23m	$4.9M	$38.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.077%Rate

Funding earned: −$17.64
Price spread: +0.077% → −0.045%: $12.2
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$15.44
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 6 min ago; Variational Omni: RFQ quote, 1 min ago. 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 Coinbase International live order book, 6 min ago	0.33 bp	7.8 bp −$8	11.2 bp −$112	25.9 bp −$2,586	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	2.05 bp	doesn't fit	3.4 bp −$34	12.0 bp −$1,201	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	1.5178	+0.020%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5163	−0.076%	$1.1M	$115K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5170	−0.033%	$7.8M	$25.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5167	−0.053%	$253K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5163	−0.076%	$14.4M	$74.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.537%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5167	−0.053%	$791K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5167	−0.050%	$2.9M	$14.7M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5165	−0.066%	$496K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5166	−0.059%	$9K	$348K	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	1.5166	−0.056%	$996K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5167	−0.056%	$38.7M	$85.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5171	−0.024%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5167	−0.050%	$534.8M	$2.15B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5166	−0.059%	$345.9M	$943.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5171	−0.026%	$126.5M	$883.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5147	−0.185%	$565K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5170	−0.033%	$131K	$708K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5164	−0.069%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5168	−0.046%	$370.6M	$156.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5167	−0.053%	$296.5M	$904.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5170	−0.033%	$109.1M	$177.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5166	−0.059%	$269.1M	$389.5M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5168	−0.046%	—	$127.7M	—	as long as short
Variational Omni XRPshort	+0.0100%	8h	1.5187	+0.077%	$4.9M	$38.3M	—
edgeX XRPUSDC	+0.0100%	4h	1.5189	+0.090%	$660K	$110.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5166	−0.062%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5196	+0.138%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5167	−0.052%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5171	−0.026%	$45K	$477K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5166	−0.059%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5166	−0.059%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5167	−0.053%	$816K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5172	−0.019%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5166	−0.059%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5169	−0.039%	$49.6M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5160	−0.099%	$53.9M	$31.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5170	−0.034%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5162	−0.084%	$2.0M	$6.7M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5165	−0.066%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5171	−0.026%	$8K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTXlong	+0.0184%	1h	1.5175	long leg	$5.7M	$47.7M	50x
Reya XRPRUSDPERP	+0.0217%	1h	1.5166	−0.060%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5163	−0.079%	$24.2M	$75.6M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0259%	1h	1.5171	−0.026%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0280%	1h	1.5160	−0.101%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0302%	8h	1.5172	−0.020%	$1.9M	$35.1M	2.9x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5170	−0.032%	$517K	$776K	10x	as long as short
Hyperliquid XRP	+0.0405%	1h	1.5185	+0.066%	$299.4M	$246.7M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5190	+0.099%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0681%	1h	1.5191	+0.105%	$2K	$15K	10x	as long as short