Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +11.0% APRpaid last 24h +0.115%
Price spread now: Hyperliquid against edgeX−0.096%7-day average +0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$210.206% of the position
Funding, last 7 days+0.272%+$27 on $10k
+Price spread, last 7 days+0.125%+$13 · spread now −0.096%, 7d avg +0.076%
=Together, before fees+0.398%+ Points / potential airdropedgeX: Active · Hyperliquid: Season 2 · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.172% cheaper against edgeX than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of +0.076%). If the spread goes back, that is −$17 on $10k: about 5.7 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XRPUSDC | 1.5169 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $659K | $109.1M | 30x |
| Short | Hyperliquid XRP | 1.5154 | 0.0200 | get 0.0025% / 1h | 20m 58s | $280.5M | $221.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against edgeX. 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
- $21.03
- Price spread: −0.096% → +0.076%
- −$17.15
- Slippage, 4 orders
- −$2.58
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$16.7
- Costs to cover
- 0.206%
- Break-even
- 12.6 days
Slippage from edgeX: live order book, 3 min ago; Hyperliquid: live order book, 13 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 edgeX live order book, 3 min ago | 0.33 bp | 5.5 bp −$5 | 5.7 bp −$57 | 8.8 bp −$880 | doesn't fit |
| Sell Hyperliquid live order book, 13 min ago | 0.33 bp | 4.8 bp −$5 | 6.7 bp −$67 | 11.9 bp −$1,192 | doesn't fit |
XRP on 50 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 | 1.5153 | −0.102% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5152 | −0.112% | $1.1M | $120K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5210 | +0.273% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5149 | −0.129% | $253K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0021% / S +0.0058% | 1h | 1.5148 | −0.132% | $801K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.581% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0040% | 1h | 1.5146 | −0.146% | $14.6M | $72.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0072% | 8h | 1.5150 | −0.122% | $62K | $953K | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5152 | −0.109% | $7.6M | $25.3M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5150 | −0.124% | $2.8M | $14.3M | 20x | as long as short |
Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5152 | −0.109% | $512K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5150 | −0.122% | $10K | $307K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5153 | −0.099% | $925K | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5147 | −0.144% | $38.5M | $84.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5154 | −0.093% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5145 | −0.155% | $537.2M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5142 | −0.175% | $341.1M | $940.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5144 | −0.162% | $124.2M | $871.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5173 | +0.029% | $564K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5154 | −0.096% | $115K | $700K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5190 | +0.138% | $1.6M | $330K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5143 | −0.168% | $368.4M | $152.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5145 | −0.155% | $289.6M | $913.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5146 | −0.149% | $107.0M | $171.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5138 | −0.201% | $266.2M | $384.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5145 | −0.155% | — | $126.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5151 | −0.118% | $6.2M | $35.7M | — | as long as short |
| edgeX XRPUSDClong | +0.0100% | 4h | 1.5169 | long leg | $659K | $109.1M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5186 | +0.115% | $1.1M | $37.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5174 | +0.036% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5160 | −0.059% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5157 | −0.076% | $44K | $445K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5153 | −0.102% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5151 | −0.113% | $815K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5154 | −0.096% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5148 | −0.135% | $30K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5155 | −0.086% | $49.7M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5147 | −0.142% | $53.8M | $29.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5151 | −0.112% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5144 | −0.160% | $2.0M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5147 | −0.140% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0128% | 1h | 1.5154 | −0.096% | $8K | $8K | 10x | as long as short |
| Hyperliquid XRPshort | +0.0200% | 1h | 1.5154 | −0.096% | $280.5M | $221.8M | 20x | |
| Reya XRPRUSDPERP | +0.0214% | 1h | 1.5153 | −0.102% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5157 | −0.076% | $5.7M | $46.7M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0320% | 1h | 1.5180 | +0.077% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0349% | 1h | 1.5153 | −0.102% | $1.9M | $1.3M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0362% | 8h | 1.5159 | −0.063% | $2.1M | $35.7M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0456% | 1h | 1.5157 | −0.076% | $532K | $786K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0746% | 1h | 1.5166 | −0.014% | $2K | $14K | 10x | as long as short |
edgeX XRPUSDC
Hyperliquid XRP
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Deribit XRP_USDC-PERPETUAL
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
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
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
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD