XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.024%

Price spread now: dYdX against Hotstuff−0.058%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. dYdX is 0.058% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.4 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff XRP-PERP	1.5233	−0.0080	get 0.0010% / 1h	13m 02s	$5K	$3K	20x
Short	dYdX XRP-USD	1.5224	0	get 0.0000% / 1h	13m 02s	$1.1M	$148K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Hotstuff. 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 HotstuffbpFee dYdXbpOrdersPrice spread, now −0.058%Rate

Funding earned: $16.8
Price spread: −0.058% → 0.000%: −$5.84
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$4.04
Costs to cover: 0.150%
Break-even: 8.7 days

Slippage unknown: Hotstuff: no order-book sample; dYdX: live order book, 1 min ago. 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 Hotstuff no order-book sample	—	—	—	—	—
Sell dYdX live order book, 1 min ago	22.68 bp	31.8 bp −$32	137.0 bp −$1,370	207.9 bp −$20.8K	352.2 bp −$176.1K

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 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-PERPlong	−0.0080%	1h	1.5233	long leg	$5K	$3K	20x
dYdX XRP-USDshort	0.0000%	1h	1.5224	−0.058%	$1.1M	$148K	10x
Phoenix XRP	0.0000%	1h	1.5260	+0.177%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5226	−0.049%	$246K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0024%	1h	1.5224	−0.058%	$14.5M	$74.7M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.147%	$2K	$107K	30x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0078%	1h	1.5232	−0.007%	$7.9M	$24.6M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0090% / S −0.0043%	1h	1.5226	−0.047%	$786K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5225	−0.053%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5226	−0.046%	$547K	$3.2M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0099%	8h	1.5218	−0.098%	$11K	$371K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5220	−0.082%	$995K	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5226	−0.046%	$38.6M	$87.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5224	−0.057%	$619K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5225	−0.056%	$534.6M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5222	−0.072%	$349.0M	$966.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5225	−0.053%	$127.8M	$881.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5239	+0.039%	$567K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5233	0.000%	$145K	$716K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5222	−0.072%	$377.9M	$161.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5225	−0.053%	$310.8M	$931.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5226	−0.046%	$107.8M	$182.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5221	−0.079%	$268.9M	$396.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5222	−0.072%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5233	−0.001%	$4.8M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5227	−0.041%	$661K	$114.2M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5234	+0.008%	$1.1M	$36.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5228	−0.033%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5232	−0.010%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5228	−0.033%	$64K	$492K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5229	−0.029%	$41K	$71K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5226	−0.046%	$75K	$695K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5235	+0.011%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5224	−0.059%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5222	−0.073%	$49.7M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5226	−0.046%	$54.5M	$32.6M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5206	−0.177%	$1.6M	$5K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5227	−0.041%	$475K	$54K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5220	−0.085%	$2.1M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5227	−0.043%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0112%	1h	1.5231	−0.013%	$9K	$2K	10x	as long as short
Hibachi XRP/USDT-P	+0.0128%	1h	1.5226	−0.043%	$17K	$79K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5230	−0.020%	$5.7M	$48.3M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0181%	1h	1.5234	+0.007%	$2.0M	$1.4M	25x	as long as short
Hyperliquid XRP	+0.0215%	1h	1.5238	+0.035%	$290.1M	$266.0M	20x	as long as short
Reya XRPRUSDPERP	+0.0219%	1h	1.5225	−0.052%	$1.3M	$4K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5227	−0.039%	$23.6M	$78.2M	125x	as long as short
Kalshi KXXRPPERP	+0.0222%	8h	1.5234	+0.007%	$1.8M	$35.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0316%	1h	1.5229	−0.024%	$529K	$806K	10x	as long as short
Aftermath Perps XRPUSD	+0.0665%	1h	1.5236	+0.023%	$2K	$16K	10x	as long as short