Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Extended against Derive+0.088%7-day average −0.028% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 3 days (all we have)−0.006%−$1 · spread now +0.088%, 7d avg −0.028%
=Together, before fees0.000%+ Points / potential airdropExtended: Active · farm board$0 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: Extended is 0.117% dearer against Derive than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive XRP-PERP | 1.5330 | 0.0100 | pay 0.0013% / 1h | 28m 29s | $825K | $79K | 10x |
| Short | Extended XRP-USD | 1.5343 | 0.0104 | get 0.0013% / 1h | 28m 29s | $2.1M | $7.1M | 50x |
Derive XRP-PERP
Extended XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Derive. 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
- $0.84
- Price spread: +0.088% → −0.028%
- $11.67
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $1.51
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; Extended: live order book, 5 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 Derive no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 5 min ago | 0.33 bp | 2.8 bp −$3 | 5.6 bp −$56 | doesn't fit | doesn't fit |
Derive: 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 | 1.5345 | +0.100% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5335 | +0.032% | $1.1M | $112K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5320 | −0.066% | $256K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0014% / S +0.0079% | 1h | 1.5318 | −0.077% | $840K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.503% | $2K | $107K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0062% | 8h | 1.5329 | −0.004% | $58K | $935K | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0076% | 1h | 1.5330 | +0.002% | $9.3M | $25.1M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5329 | −0.004% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5345 | +0.098% | $2.8M | $14.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5350 | +0.133% | $515K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Orderly PERP_XRP_USDC
Deribit XRP_USDC-PERPETUAL
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5338 | +0.054% | $10K | $279K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5351 | +0.137% | $479K | $54K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5340 | +0.071% | $1.0M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5345 | +0.100% | $38.8M | $83.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5346 | +0.106% | $621K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5335 | +0.037% | $540.9M | $2.05B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5330 | +0.002% | $341.7M | $919.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5329 | −0.004% | $125.0M | $867.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5345 | +0.100% | $570K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5346 | +0.107% | $118K | $712K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5334 | +0.031% | $1.7M | $381K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5345 | +0.100% | $374.5M | $149.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5347 | +0.113% | $312.3M | $903.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5346 | +0.104% | $109.0M | $165.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5336 | +0.041% | $268.5M | $374.7M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5333 | +0.022% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5328 | −0.010% | $6.3M | $35.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5333 | +0.019% | $666K | $107.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5334 | +0.028% | $1.1M | $38.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5321 | −0.056% | $1.0M | $892K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5330 | +0.002% | — | $9K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5337 | +0.048% | $49K | $441K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5322 | −0.052% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERPlong | +0.0100% | 1h | 1.5330 | long leg | $825K | $79K | 10x | |
| SunX XRP-USDT | +0.0100% | 8h | 1.5326 | −0.023% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5327 | −0.017% | $29K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5325 | −0.028% | $50.3M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5322 | −0.050% | $54.5M | $29.5M | 50x | as long as short |
| Extended XRP-USDshort | +0.0104% | 1h | 1.5343 | +0.088% | $2.1M | $7.1M | 50x | |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5326 | −0.026% | $59K | $25K | 3x | as long as short |
| Reya XRPRUSDPERP | +0.0213% | 1h | 1.5332 | +0.017% | $1.4M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5329 | −0.004% | $24.0M | $73.6M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5334 | +0.028% | $5.8M | $46.4M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0244% | 1h | 1.5323 | −0.041% | $14.5M | $70.0M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0290% | 1h | 1.5336 | +0.041% | $1.9M | $1.3M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0310% | 8h | 1.5340 | +0.068% | $2.0M | $34.8M | 2.9x | as long as short |
| Hibachi XRP/USDT-P | +0.0320% | 1h | 1.5319 | −0.067% | $17K | $81K | 7x | as long as short |
| Hyperliquid XRP | +0.0399% | 1h | 1.5356 | +0.172% | $290.0M | $214.6M | 20x | as long as short |
| Phoenix XRP | +0.0520% | 1h | 1.5340 | +0.068% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0806% | 1h | 1.5328 | −0.009% | $2K | $12K | 10x | as long as short |
| RISEx XRP/USDC | +0.0828% | 1h | 1.5344 | +0.093% | $507K | $754K | 10x | as long as short |
Katana Perps XRP-USD
Paradex XRP-USD-PERP
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-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Aevo XRP-PERP
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Kraken Futures PF_XRPUSD
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hibachi XRP/USDT-P
Hyperliquid XRP
Phoenix XRP
Aftermath Perps XRPUSD
RISEx XRP/USDC