Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.020%
Price spread now: Pacifica against Injective+0.143%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$1001.005% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.143% dearer against Injective than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.094%, so the current rate has only just turned in your favour.
| 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 | 16m 38s | $2K | $107K | 30x |
| Short | Pacifica XRP | 1.5582 | 0.0100 | get 0.0013% / 1h | 16m 38s | $641K | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- Price spread: +0.143% → 0.000%
- $14.25
- Slippage, 4 orders
- −$92.45
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$72.21
- Costs to cover
- 1.005%
- Break-even
- 43.1 days
Slippage from Injective: live order book, 2 min ago; Pacifica: live order book, 2 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, 2 min ago | 44.99 bp | 45.0 bp −$45 | 57.6 bp −$576 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 2 min ago | 0.96 bp | 5.0 bp −$5 | doesn't fit | 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 | 1.5582 | +0.141% | $7K | $2K | 20x | as long as short |
| GMX XRP/USD [ETH-USDC] | L −0.0003% / S +0.0117% | 1h | 1.5565 | +0.029% | $852K | — | 200x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5574 | +0.092% | $1.1M | $113K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5568 | +0.051% | $9.6M | $25.2M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5565 | +0.033% | $260K | — | 150x | as long as short |
| Injective XRP/USDC PERPlong | +0.0033% | 1h | 1.5560 | long leg | $2K | $107K | 30x | |
| Kraken Futures PF_XRPUSD | +0.0041% | 1h | 1.5563 | +0.021% | $15.5M | $68.5M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0054% | 8h | 1.5569 | +0.058% | $78K | $949K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5579 | +0.119% | $3.0M | $12.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5582 | +0.141% | $441K | $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 | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5575 | +0.093% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5576 | +0.102% | $39.5M | $78.7M | 100x | as long as short |
| Pacifica XRPshort | +0.0100% | 1h | 1.5582 | +0.143% | $641K | $1.1M | 20x | |
| Binance XRPUSDT | +0.0100% | 8h | 1.5581 | +0.133% | $560.6M | $1.98B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5588 | +0.180% | $347.0M | $900.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5585 | +0.161% | $127.7M | $883.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5554 | −0.039% | $579K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5593 | +0.212% | $119K | $744K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5567 | +0.043% | $1.7M | $578K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5590 | +0.193% | $374.8M | $140.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5580 | +0.129% | $300.1M | $859.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5578 | +0.117% | $114.1M | $159.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5592 | +0.206% | $272.3M | $364.2M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5575 | +0.096% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5549 | −0.074% | $11.8M | $30.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5567 | +0.044% | $676K | $102.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5549 | −0.069% | $1.1M | $41.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5555 | −0.032% | $1.0M | $883K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5569 | +0.058% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5581 | +0.135% | $47K | $447K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5567 | +0.045% | $42K | $66K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5567 | +0.046% | $838K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5588 | +0.178% | $131K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5566 | +0.039% | $32K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5573 | +0.086% | $51.2M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5571 | +0.071% | $55.4M | $29.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5579 | +0.122% | $486K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5584 | +0.154% | $11K | $261K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5588 | +0.177% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5565 | +0.031% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0176% | 1h | 1.5590 | +0.193% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5572 | +0.075% | $1.4M | $9K | 15x | as long as short |
| Hibachi XRP/USDT-P | +0.0216% | 1h | 1.5558 | −0.013% | $18K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5574 | +0.090% | $5.8M | $47.3M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5567 | +0.045% | $24.5M | $73.6M | 125x | as long as short |
| Backpack XRP_USDC_PERP | +0.0294% | 1h | 1.5577 | +0.109% | $1.8M | $1.0M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0324% | 8h | 1.5588 | +0.180% | $1.9M | $33.1M | 2.9x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5550 | −0.064% | $69K | $90K | 15x | as long as short |
| RISEx XRP/USDC | +0.0527% | 1h | 1.5602 | +0.268% | $511K | $630K | 10x | as long as short |
| Hyperliquid XRP | +0.0596% | 1h | 1.5594 | +0.219% | $291.4M | $204.3M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0758% | 1h | 1.5566 | +0.036% | $1K | $11K | 10x | as long as short |
Injective XRP/USDC PERP
Pacifica XRP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Lighter XRP
Lighter RH XRP
Aster XRPUSDT
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
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
Katana Perps XRP-USD
Extended XRP-USD
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Phoenix XRP
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD