XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.029%

Price spread now: Coinbase International against Extended+0.050%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$210.213% of the position

Long on Extended Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.050%, 7d avg +0.054%

Together, before fees−0.074%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XRP-USD	1.5166	0.0104	pay 0.0013% / 1h	45m 11s	$2.1M	$6.9M	50x
Short	Coinbase International XRP-PERP-INTX	1.5174	0.0176	get 0.0022% / 1h	45m 11s	$5.7M	$48.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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 ExtendedbpFee Coinbase InternationalbpOrdersPrice spread, now +0.050%Rate

Funding earned: $15.12
Price spread: +0.050% → +0.054%: −$0.44
Slippage, 4 orders: −$6.28
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$6.6
Costs to cover: 0.213%
Break-even: 10.1 days

Slippage from Extended: live order book, 4 min ago; Coinbase International: live order book, 4 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 Extended live order book, 4 min ago	0.33 bp	3.5 bp −$4	5.9 bp −$59	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	0.33 bp	6.9 bp −$7	8.8 bp −$88	24.3 bp −$2,426	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	1.5125	−0.273%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5117	−0.324%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5130	−0.240%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5170	+0.023%	$245K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0025%	1h	1.5173	+0.041%	$14.5M	$75.4M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.595%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5125	−0.273%	$8K	$8K	10x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0080% / S −0.0027%	1h	1.5170	+0.021%	$799K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5172	+0.036%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5173	+0.043%	$546K	$3.2M	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	+0.0099%	8h	1.5118	−0.320%	$12K	$367K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5153	−0.089%	$993K	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5164	−0.017%	$38.5M	$87.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5119	−0.316%	$604K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5168	+0.013%	$529.1M	$2.23B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5159	−0.049%	$345.9M	$969.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5161	−0.036%	$127.5M	$892.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5146	−0.135%	$563K	$32K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5128	−0.254%	$143K	$718K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5129	−0.248%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5166	−0.003%	$373.4M	$159.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5170	+0.023%	$297.6M	$919.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5170	+0.023%	$107.3M	$182.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5166	−0.003%	$267.6M	$400.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5167	+0.003%	—	$106.5M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5118	−0.321%	$4.7M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5138	−0.187%	$658K	$114.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5133	−0.221%	$1.1M	$36.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5143	−0.155%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5149	−0.116%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5162	−0.030%	$47K	$491K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5172	+0.035%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5170	+0.023%	$65K	$810K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5171	+0.032%	$816K	$73K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5170	+0.020%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5171	+0.030%	$30K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5172	+0.035%	$49.6M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5169	+0.017%	$54.2M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5122	−0.293%	$471K	$55K	50x	as long as short
Extended XRP-USDlong	+0.0104%	1h	1.5166	long leg	$2.1M	$6.9M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5170	+0.020%	$58K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0146%	1h	1.5175	+0.056%	$7.7M	$25.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0152%	1h	1.5182	+0.102%	$2.0M	$1.4M	25x	as long as short
Hyperliquid XRP	+0.0162%	1h	1.5180	+0.089%	$289.1M	$264.8M	20x	as long as short
Hibachi XRP/USDT-P	+0.0168%	1h	1.5122	−0.291%	$17K	$79K	7x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0176%	1h	1.5174	+0.050%	$5.7M	$48.4M	50x
Reya XRPRUSDPERP	+0.0219%	1h	1.5161	−0.034%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5172	+0.036%	$23.5M	$78.1M	125x	as long as short
Kalshi KXXRPPERP	+0.0221%	8h	1.5152	−0.095%	$1.7M	$35.3M	2.9x	as long as short
RISEx XRP/USDC	+0.0316%	1h	1.5126	−0.268%	$521K	$796K	10x	as long as short
Aftermath Perps XRPUSD	+0.0554%	1h	1.5143	−0.156%	$2K	$16K	10x	as long as short