XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Katana Perps+0.007%7-day average +0.044% · you sell dearer than you buy

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

Long on Katana Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.029%+$3 on $10k

Price spread, last 7 days+0.083%+$8 · spread now +0.007%, 7d avg +0.044%

Together, before fees+0.112%+$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.038% cheaper against Katana Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Katana Perps XRP-USD	1.5216	0.0098	pay 0.0098% / 8h	3h 48m	$12K	$343K	20x
Short	Bitget XRPUSDT	1.5217	0.0100	get 0.0100% / 8h	3h 48m	$269.4M	$388.3M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Katana Perps. 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 Katana PerpsbpFee BitgetbpOrdersPrice spread, now +0.007%Rate

Funding earned: $0.41
Price spread: +0.007% → +0.044%: −$3.79
Slippage, 4 orders: no order book: not counted
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$19.19
Costs to cover: 0.158%
Break-even: 338.4 days

Slippage unknown: Katana Perps: no order-book sample; Bitget: 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 Katana Perps no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	0.33 bp	6.5 bp −$7	8.6 bp −$86	19.8 bp −$1,979	28.2 bp −$14.1K

Katana Perps: 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 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	1.5228	+0.079%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5230	+0.090%	$1.1M	$111K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5209	−0.045%	$262K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0021%	1h	1.5211	−0.036%	$14.4M	$74.2M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.261%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0050% / S +0.0015%	1h	1.5207	−0.056%	$781K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0079%	1h	1.5216	0.000%	$7.8M	$25.6M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5218	+0.013%	$2.9M	$14.6M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5220	+0.026%	$499K	$3.3M	20x	as long as short
Katana Perps XRP-USDlong	+0.0098%	8h	1.5216	long leg	$12K	$343K	20x

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_XRP_USDC	+0.0098%	8h	1.5215	−0.007%	$62K	$934K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5220	+0.030%	$1.0M	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5226	+0.068%	$38.5M	$84.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5227	+0.075%	$611K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5218	+0.012%	$535.1M	$2.14B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5220	+0.026%	$347.6M	$942.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5221	+0.033%	$127.4M	$887.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5232	+0.105%	$566K	$29K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5226	+0.066%	$118K	$707K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5181	−0.230%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5219	+0.020%	$371.9M	$153.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5219	+0.020%	$294.2M	$898.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5220	+0.026%	$108.9M	$176.6M	75x	as long as short
Bitget XRPUSDTshort	+0.0100%	8h	1.5217	+0.007%	$269.4M	$388.3M	125x
BingX XRP-USDC	+0.0100%	8h	1.5218	+0.013%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5243	+0.176%	$4.8M	$38.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5193	−0.153%	$660K	$109.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5221	+0.031%	$1.1M	$36.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5206	−0.066%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5223	+0.045%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5229	+0.085%	$44K	$456K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5212	−0.026%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5219	+0.017%	$819K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5242	+0.172%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5214	−0.013%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5231	+0.100%	$49.8M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5216	0.000%	$54.3M	$31.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5232	+0.107%	$475K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5210	−0.037%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5213	−0.022%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0152%	1h	1.5223	+0.046%	$9K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5221	+0.033%	$5.6M	$47.6M	50x	as long as short
Reya XRPRUSDPERP	+0.0216%	1h	1.5222	+0.041%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5203	−0.085%	$24.2M	$75.9M	125x	as long as short
Hibachi XRP/USDT-P	+0.0248%	1h	1.5226	+0.063%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0262%	8h	1.5228	+0.079%	$2.0M	$35.1M	2.9x	as long as short
Hyperliquid XRP	+0.0278%	1h	1.5235	+0.125%	$292.9M	$234.5M	20x	as long as short
Backpack XRP_USDC_PERP	+0.0323%	1h	1.5228	+0.079%	$2.0M	$1.4M	25x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5226	+0.065%	$518K	$773K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5220	+0.026%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0645%	1h	1.5209	−0.047%	$2K	$15K	10x	as long as short