Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: KuCoin against dYdX−0.108%62s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$930.926% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 7 days+0.081%+$8 · spread now −0.108%, 7d avg +0.005%
=Funding pays, the price is against you. KuCoin is 0.113% cheaper against dYdX than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of +0.005%). If the spread goes back, that is −$11 on $10k: about 3.8 days of funding at the current rate (+$3 a day). The two prices were read 62 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 | 1.5151 | 0 | get 0.0000% / 1h | 39m 44s | $1.1M | $148K | 10x |
| Short | KuCoin XRPUSDTM | 1.5135 | 0.0100 | get 0.0100% / 8h | 1h 39m | $107.0M | $182.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.108% → +0.005%
- −$11.33
- Slippage, 4 orders
- −$70.6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$82.93
- Costs to cover
- 0.926%
- Break-even
- 34.6 days
Slippage from dYdX: live order book, 4 min ago; KuCoin: live order book, 9 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, 4 min ago | 16.87 bp | 44.3 bp −$44 | 44.4 bp −$444 | 65.6 bp −$6,556 | 148.9 bp −$74.5K |
| Sell KuCoin live order book, 9 min ago | 0.30 bp | 10.2 bp −$10 | 12.0 bp −$120 | 41.9 bp −$4,193 | 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 | 1.5157 | +0.037% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USDlong | 0.0000% | 1h | 1.5151 | long leg | $1.1M | $148K | 10x | |
| Phoenix XRP | 0.0000% | 1h | 1.5150 | −0.009% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5140 | −0.078% | $245K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5138 | −0.088% | $14.4M | $75.4M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.697% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5159 | +0.050% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5140 | −0.075% | $7.7M | $24.9M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0081% / S −0.0029% | 1h | 1.5142 | −0.059% | $799K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5135 | −0.108% | $2.8M | $15.1M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5136 | −0.102% | $544K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5150 | −0.009% | $13K | $368K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5153 | +0.014% | $988K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5134 | −0.115% | $38.5M | $87.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5135 | −0.106% | $615K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5136 | −0.102% | $529.5M | $2.23B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5133 | −0.122% | $344.8M | $969.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5134 | −0.115% | $127.1M | $887.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5151 | −0.003% | $564K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5142 | −0.062% | $143K | $720K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5145 | −0.042% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5133 | −0.122% | $372.3M | $159.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5137 | −0.095% | $298.1M | $921.7M | 300x | as long as short |
| KuCoin XRPUSDTMshort | +0.0100% | 8h | 1.5135 | −0.108% | $107.0M | $182.0M | 75x | |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5132 | −0.128% | $267.0M | $398.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5131 | −0.135% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5148 | −0.024% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5135 | −0.108% | $657K | $114.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5145 | −0.044% | $1.1M | $36.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5147 | −0.029% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5155 | +0.023% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5152 | +0.004% | $47K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5145 | −0.040% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5137 | −0.095% | $65K | $774K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5137 | −0.095% | $814K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5145 | −0.042% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5135 | −0.108% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5140 | −0.075% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5135 | −0.108% | $54.1M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5142 | −0.065% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5129 | −0.146% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5136 | −0.102% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0157% | 1h | 1.5143 | −0.056% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0160% | 1h | 1.5151 | −0.002% | $17K | $79K | 7x | as long as short |
| Hyperliquid XRP | +0.0166% | 1h | 1.5146 | −0.033% | $287.9M | $264.5M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5145 | −0.042% | $5.7M | $48.3M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0213% | 8h | 1.5161 | +0.063% | $1.8M | $35.3M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5143 | −0.054% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5151 | −0.003% | $23.6M | $77.9M | 125x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5139 | −0.080% | $522K | $797K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0566% | 1h | 1.5157 | +0.035% | $2K | $16K | 10x | as long as short |
KuCoin XRPUSDTM
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
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
Extended XRP-USD
Backpack XRP_USDC_PERP
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD