XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%

Price spread now: Extended against dYdX−0.055%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$580.582% of the position

Long on dYdX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.222%+$22 on $10k

Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.055%, 7d avg −0.030%

Together, before fees+0.218%+ Points / potential airdropExtended: Active · farm board+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.025% cheaper against dYdX than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.030%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XRP-USD	1.5333	0	get 0.0000% / 1h	51m 38s	$1.1M	$113K	10x
Short	Extended XRP-USD	1.5324	0.0104	get 0.0013% / 1h	51m 38s	$2.1M	$7.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against dYdX. 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 dYdXbpFee ExtendedbpOrdersPrice spread, now −0.055%Rate

Funding earned: $21.84
Price spread: −0.055% → −0.030%: −$2.55
Slippage, 4 orders: −$43.16
Fee dYdX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$38.86
Costs to cover: 0.582%
Break-even: 19.5 days

Slippage from dYdX: live order book, 3 min ago; Extended: live order book, 2 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 dYdX live order book, 3 min ago	21.13 bp	26.1 bp −$26	26.1 bp −$261	27.5 bp −$2,749	49.1 bp −$24.6K
Sell Extended live order book, 2 min ago	0.32 bp	3.1 bp −$3	5.2 bp −$52	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	1.5357	+0.158%	$7K	$2K	20x	as long as short
dYdX XRP-USDlong	0.0000%	1h	1.5333	long leg	$1.1M	$113K	10x
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5392	+0.388%	$258K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0009% / S +0.0087%	1h	1.5391	+0.383%	$844K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5354	+0.139%	$9.3M	$25.6M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.482%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0061%	8h	1.5363	+0.197%	$75K	$910K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5340	+0.046%	$2.9M	$13.7M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5344	+0.073%	$513K	$3.2M	20x	as long as short
01 Exchange XRPUSD	+0.0096%	1h	1.5332	−0.005%	$8K	$8K	10x	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	1.5330	−0.018%	$12K	$272K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5334	+0.010%	$478K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5340	+0.051%	$1.0M	$5.6M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5334	+0.009%	$38.8M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5341	+0.054%	$634K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5331	−0.011%	$539.1M	$2.07B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5332	−0.005%	$339.7M	$930.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5332	−0.005%	$125.2M	$881.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5320	−0.083%	$572K	$48K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5334	+0.008%	$116K	$711K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5337	+0.028%	$1.7M	$565K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5334	+0.008%	$374.1M	$148.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5338	+0.034%	$298.8M	$893.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5340	+0.045%	$108.8M	$167.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5328	−0.031%	$268.7M	$376.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5330	−0.018%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5388	+0.363%	$6.5M	$35.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5392	+0.385%	$668K	$106.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5387	+0.354%	$1.1M	$39.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5397	+0.419%	$1.0M	$906K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5338	+0.035%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5395	+0.406%	$48K	$459K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5394	+0.400%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5368	+0.231%	$827K	$82K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5386	+0.347%	$129K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5348	+0.100%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5389	+0.364%	$50.5M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5346	+0.086%	$54.6M	$29.8M	50x	as long as short
Extended XRP-USDshort	+0.0104%	1h	1.5324	−0.055%	$2.1M	$7.2M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5349	+0.107%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5390	+0.375%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5387	+0.354%	$23.9M	$74.8M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5360	+0.178%	$5.8M	$46.5M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0243%	1h	1.5343	+0.067%	$14.6M	$70.6M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0293%	1h	1.5352	+0.126%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0304%	1h	1.5392	+0.384%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0319%	8h	1.5398	+0.426%	$2.1M	$35.3M	2.9x	as long as short
Hyperliquid XRP	+0.0474%	1h	1.5354	+0.139%	$291.2M	$215.4M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5400	+0.439%	$69K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0754%	1h	1.5378	+0.294%	$1K	$11K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5335	+0.013%	$507K	$755K	10x	as long as short