XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.072%

Price spread now: Kraken Futures against Hotstuff−0.069%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 Kraken Futures

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. Kraken Futures is 0.069% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.2 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	Hotstuff XRP-PERP	1.5255	−0.0080	get 0.0010% / 1h	17m 15s	$5K	$3K	20x
Short	Kraken Futures PF_XRPUSD	1.5244	0.0024	get 0.0003% / 1h	17m 15s	$14.5M	$75.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.069%Rate

Funding earned: $21.92
Price spread: −0.069% → 0.000%: −$6.93
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $0
Costs to cover: 0.150%
Break-even: 7.0 days

Slippage unknown: Hotstuff: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago	2.30 bp	8.2 bp −$8	11.5 bp −$115	20.9 bp −$2,092	50.0 bp −$25.0K

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	1.5255	long leg	$5K	$3K	20x
dYdX XRP-USD	0.0000%	1h	1.5249	−0.037%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5260	+0.033%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5244	−0.071%	$247K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0012%	1h	1.5248	−0.046%	$7.9M	$24.8M	50x	as long as short
Kraken Futures PF_XRPUSDshort	+0.0024%	1h	1.5244	−0.069%	$14.5M	$75.0M	50x
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.999%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0088% / S −0.0041%	1h	1.5244	−0.070%	$787K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5248	−0.048%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5249	−0.039%	$548K	$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	1.5250	−0.033%	$11K	$372K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5254	−0.003%	$994K	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5246	−0.058%	$38.7M	$87.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5256	+0.006%	$620K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5246	−0.059%	$534.9M	$2.23B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5241	−0.092%	$349.9M	$965.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5242	−0.085%	$128.1M	$885.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5239	−0.105%	$565K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5261	+0.039%	$145K	$716K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5244	−0.072%	$377.8M	$161.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5245	−0.066%	$311.5M	$931.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5247	−0.054%	$107.9M	$182.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5241	−0.092%	$269.5M	$397.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5243	−0.079%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5198	−0.375%	$4.8M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5231	−0.154%	$662K	$114.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5240	−0.101%	$1.1M	$36.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5204	−0.334%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5255	−0.002%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5255	0.000%	$66K	$507K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5246	−0.056%	$41K	$71K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5243	−0.079%	$66K	$746K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5249	−0.037%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5245	−0.066%	$30K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5257	+0.011%	$49.8M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5242	−0.085%	$54.6M	$32.5M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5206	−0.321%	$1.6M	$5K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5260	+0.032%	$476K	$54K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5239	−0.103%	$2.1M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5242	−0.085%	$59K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0112%	1h	1.5259	+0.026%	$9K	$2K	10x	as long as short
Hibachi XRP/USDT-P	+0.0144%	1h	1.5231	−0.158%	$17K	$79K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5253	−0.013%	$5.7M	$48.5M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0190%	1h	1.5254	−0.007%	$2.0M	$1.4M	25x	as long as short
Hyperliquid XRP	+0.0216%	1h	1.5258	+0.020%	$290.8M	$265.5M	20x	as long as short
Reya XRPRUSDPERP	+0.0219%	1h	1.5249	−0.040%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5245	−0.066%	$23.7M	$78.4M	125x	as long as short
Kalshi KXXRPPERP	+0.0224%	8h	1.5257	+0.013%	$1.8M	$35.2M	2.9x	as long as short
RISEx XRP/USDC	+0.0316%	1h	1.5259	+0.026%	$533K	$802K	10x	as long as short
Aftermath Perps XRPUSD	+0.0653%	1h	1.5226	−0.187%	$2K	$16K	10x	as long as short