XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0456%/8h= +50.0% APRnext payment +$0.57 per $10,000 · paid last 24h +0.145%

Price spread now: RISEx against dYdX+0.170%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$700.702% of the position

Long on dYdX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.418%+$42 on $10k

Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.170%, 7d avg +0.051%

Together, before fees+0.318%+$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and RISEx is 0.120% dearer against dYdX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XRP-USD	1.5095	0	get 0.0000% / 1h	36m 44s	$1.1M	$120K	10x
Short	RISEx XRP/USDC	1.5121	0.0456	get 0.0057% / 1h	36m 44s	$535K	$783K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.170%Rate

Funding earned: $95.83
Price spread: +0.170% → +0.051%: $11.96
Slippage, 4 orders: −$54.18
Fee dYdX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $37.62
Costs to cover: 0.702%
Break-even: 4.3 days

Slippage from dYdX: live order book, 2 min ago; RISEx: live order book, 32 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, 2 min ago	22.55 bp	32.3 bp −$32	55.7 bp −$557	175.4 bp −$17.5K	303.3 bp −$151.6K
Sell RISEx live order book, 32 min ago	1.01 bp	4.0 bp −$4	11.1 bp −$111	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	1.5078	−0.114%	$5K	$3K	20x	as long as short
dYdX XRP-USDlong	0.0000%	1h	1.5095	long leg	$1.1M	$120K	10x
Phoenix XRP	0.0000%	1h	1.5100	+0.032%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5082	−0.091%	$252K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0021% / S +0.0063%	1h	1.5088	−0.048%	$827K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.079%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5088	−0.046%	$14.6M	$72.9M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0070%	8h	1.5083	−0.081%	$57K	$945K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5104	+0.056%	$2.8M	$14.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5104	+0.058%	$516K	$3.3M	20x	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	1.5110	+0.098%	$10K	$307K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5098	+0.022%	$795K	$5.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5098	+0.020%	$38.4M	$84.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5106	+0.074%	$609K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5110	+0.096%	$536.6M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5110	+0.098%	$339.6M	$944.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5110	+0.098%	$123.5M	$870.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5069	−0.174%	$561K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5116	+0.138%	$115K	$723K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5101	+0.038%	$1.6M	$307K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5109	+0.091%	$366.6M	$151.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5110	+0.098%	$287.7M	$906.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5099	+0.027%	$106.5M	$172.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5109	+0.091%	$265.2M	$385.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5111	+0.104%	—	$127.4M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5098	+0.019%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5093	−0.015%	$655K	$108.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5084	−0.076%	$1.1M	$38.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5108	+0.085%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5096	+0.008%	—	$12K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5100	+0.032%	$45K	$452K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5097	+0.012%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5085	−0.068%	$812K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5100	+0.032%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5091	−0.028%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5088	−0.045%	$49.4M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5092	−0.021%	$53.6M	$29.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5112	+0.110%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5107	+0.076%	$2.0M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5083	−0.082%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0144%	1h	1.5120	+0.164%	$8K	$8K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0148%	1h	1.5091	−0.028%	$7.6M	$25.4M	50x	as long as short
Hyperliquid XRP	+0.0199%	1h	1.5111	+0.104%	$279.4M	$220.8M	20x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5095	+0.001%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5093	−0.015%	$5.7M	$46.5M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.648%	$24.0M	$75.2M	125x	as long as short
Hibachi XRP/USDT-P	+0.0328%	1h	1.5089	−0.043%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0330%	1h	1.5105	+0.065%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0340%	8h	1.5097	+0.012%	$2.1M	$36.1M	2.9x	as long as short
RISEx XRP/USDCshort	+0.0456%	1h	1.5121	+0.170%	$535K	$783K	10x
Aftermath Perps XRPUSD	+0.0805%	1h	1.5109	+0.091%	$2K	$14K	10x	as long as short