Funding you earn now, next payment 09:00 UTC−0.0089%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h −0.024%
Price spread now: Hotstuff against dYdX−0.171%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Hotstuff is 0.171% cheaper against dYdX than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | dYdX XRP-USD | 1.5179 | 0.0009 | pay 0.0001% / 1h | 27m 46s | $1.1M | $158K | 10x |
| Short | Hotstuff XRP-PERP | 1.5153 | −0.0080 | pay 0.0010% / 1h | 27m 46s | $5K | $3K | 20x |
dYdX XRP-USD
Hotstuff XRP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against dYdX. 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
- −$18.72
- Price spread: −0.171% → 0.000%
- −$17.08
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$50.79
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: dYdX: live order book, 1 min ago; Hotstuff: no order-book sample. 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 dYdX live order book, 1 min ago | 22.73 bp | 27.7 bp −$28 | 38.2 bp −$382 | 77.2 bp −$7,717 | 217.7 bp −$108.9K |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XRPUSD | −0.0172% | 1h | 1.5173 | −0.039% | $14.7M | $74.5M | 50x | as long as short |
| Hotstuff XRP-PERPshort | −0.0080% | 1h | 1.5153 | −0.171% | $5K | $3K | 20x | |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | −0.059% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5154 | −0.162% | $246K | — | 150x | as long as short |
| dYdX XRP-USDlong | +0.0009% | 1h | 1.5179 | long leg | $1.1M | $158K | 10x | |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5171 | −0.052% | $7.7M | $23.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.511% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0072% | 1h | 1.5146 | −0.216% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5184 | +0.032% | $2.8M | $14.6M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5186 | +0.047% | $617K | $3.1M | 20x | as long as short |
Kraken Futures PF_XRPUSD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange XRPUSD | +0.0096% | 1h | 1.5141 | −0.250% | $8K | $2K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5140 | −0.256% | $20K | $381K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5141 | −0.247% | $989K | $6.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5183 | +0.026% | $38.6M | $84.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5182 | +0.020% | $611K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5181 | +0.014% | $528.9M | $2.17B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5174 | −0.032% | $353.2M | $938.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5175 | −0.026% | $126.2M | $848.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5125 | −0.355% | $556K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5179 | +0.001% | $143K | $709K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5141 | −0.247% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5181 | +0.014% | $377.7M | $154.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5178 | −0.006% | $313.2M | $918.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5178 | −0.005% | $106.8M | $183.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5172 | −0.046% | $268.1M | $379.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5173 | −0.039% | — | $108.3M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5142 | −0.243% | $4.8M | $38.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5143 | −0.237% | $658K | $112.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5143 | −0.237% | $1.1M | $33.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5148 | −0.204% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5158 | −0.135% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5152 | −0.177% | $52K | $509K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5155 | −0.161% | $41K | $68K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5166 | −0.085% | $77K | $648K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5150 | −0.193% | $815K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5161 | −0.118% | $127K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5166 | −0.085% | $29K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5143 | −0.239% | $49.4M | $14.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5180 | +0.007% | $54.1M | $32.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5183 | +0.024% | $473K | $54K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5182 | +0.021% | $2.1M | $6.7M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5166 | −0.084% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0120% / S −0.0086% | 1h | 1.5154 | −0.165% | $786K | — | 200x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5166 | −0.085% | $5.3M | $47.7M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0168% | 8h | 1.5161 | −0.118% | $1.7M | $33.2M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0179% | 1h | 1.5193 | +0.093% | $290.4M | $268.0M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0194% | 1h | 1.5188 | +0.060% | $2.0M | $1.3M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5154 | −0.164% | $23.8M | $77.4M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5151 | −0.186% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0337% | 1h | 1.5147 | −0.209% | $518K | $788K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0555% | 1h | 1.5168 | −0.069% | $2K | $16K | 10x | as long as short |
01 Exchange XRPUSD
Katana Perps XRP-USD
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
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD