Funding you earn now, next payment 08:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: Extended against Injective−2.582%100s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$980.981% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+3.207%+$321 · spread now −2.582%, 7d avg +0.006%
=Together, before fees+3.156%+ Points / potential airdropExtended: Active · farm board+$316 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 2.588% cheaper against Injective than usual: you would sell low and buy high (spread −2.582% now, against its 7-day average of +0.006%). If the spread goes back, that is −$259 on $10k: about 4 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XRP/USDC PERP | 1.5560 | 0.0033 | pay 0.0004% / 1h | 17m 31s | $2K | $107K | 30x |
| Short | Extended XRP-USD | 1.5158 | 0.0104 | get 0.0013% / 1h | 17m 31s | $2.1M | $6.9M | 50x |
Injective XRP/USDC PERP
Extended XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Injective. 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
- $14.84
- Price spread: −2.582% → +0.006%
- −$258.79
- Slippage, 4 orders
- −$93.08
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$342.05
- Costs to cover
- 0.981%
- Break-even
- 168.3 days
Slippage from Injective: live order book, 21 min ago; Extended: live order book, 1 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 Injective live order book, 21 min ago | 39.42 bp | 39.4 bp −$39 | 48.2 bp −$482 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 0.33 bp | 2.8 bp −$3 | 4.7 bp −$47 | 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 | 1.5160 | −2.571% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5160 | −2.569% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5161 | −2.562% | $245K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5171 | −2.500% | $7.8M | $24.1M | 50x | as long as short |
| Injective XRP/USDC PERPlong | +0.0033% | 1h | 1.5560 | long leg | $2K | $107K | 30x | |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5168 | −2.521% | $14.5M | $73.8M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5165 | −2.536% | $2.8M | $15.2M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5168 | −2.519% | $604K | $3.2M | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.0096% | 1h | 1.5163 | −2.554% | $17K | $78K | 7x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5160 | −2.571% | $20K | $383K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Lighter XRP
Lighter RH XRP
Hibachi XRP/USDT-P
Katana Perps XRP-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5163 | −2.551% | $998K | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5165 | −2.539% | $38.5M | $86.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5167 | −2.526% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5162 | −2.557% | $528.9M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5157 | −2.590% | $349.3M | $951.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5158 | −2.584% | $127.1M | $863.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5179 | −2.449% | $563K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5170 | −2.506% | $143K | $715K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5178 | −2.455% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5163 | −2.551% | $375.8M | $162.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5163 | −2.551% | $307.1M | $927.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5161 | −2.562% | $106.6M | $183.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5158 | −2.584% | $268.7M | $389.1M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5161 | −2.564% | — | $107.9M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5131 | −2.758% | $4.8M | $38.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5169 | −2.512% | $660K | $113.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5177 | −2.463% | $1.1M | $34.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5181 | −2.436% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5167 | −2.524% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5162 | −2.558% | $52K | $515K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5162 | −2.556% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5166 | −2.532% | $77K | $689K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5167 | −2.528% | $816K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5167 | −2.523% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5166 | −2.532% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5162 | −2.558% | $49.5M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5164 | −2.545% | $54.0M | $32.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5169 | −2.512% | $473K | $55K | 50x | as long as short |
| Extended XRP-USDshort | +0.0104% | 1h | 1.5158 | −2.582% | $2.1M | $6.9M | 50x | |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5167 | −2.526% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5165 | −2.536% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0106% / S −0.0068% | 1h | 1.5162 | −2.558% | $773K | — | 200x | as long as short |
| Hyperliquid XRP | +0.0141% | 1h | 1.5175 | −2.474% | $289.8M | $268.1M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0165% | 1h | 1.5173 | −2.487% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0172% | 8h | 1.5174 | −2.481% | $1.8M | $34.0M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5170 | −2.506% | $5.6M | $48.0M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5175 | −2.474% | $23.7M | $77.7M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5156 | −2.594% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5169 | −2.513% | $521K | $807K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5180 | −2.442% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0599% | 1h | 1.5158 | −2.583% | $2K | $16K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
01 Exchange XRPUSD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Hyperliquid XRP
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD