XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.22 per $10,000 · paid last 24h −0.054%

Price spread now: Hotstuff against Nado+0.481%7-day average — · you sell dearer than you buy

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

Long on Nado Short on Hotstuff

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 airdropNado: Active · Hotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hotstuff is 0.481% dearer against Nado than usual: you sell high and buy low (spread +0.481% now, against zero (this spread has no 7-day history yet)): +$48 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 8.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XRP-PERP	1.5321	0.0100	pay 0.0012% / 1h	6m 15s	$838K	$6.0M	20x
Short	Hotstuff XRP-PERP	1.5395	−0.0080	pay 0.0010% / 1h	6m 15s	$5K	$4K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Nado. 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 NadobpFee HotstuffbpOrdersPrice spread, now +0.481%Rate

Funding earned: −$37.8
Price spread: +0.481% → 0.000%: $48.14
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$1.66
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Nado: live order book, 1 min ago; Hotstuff: no order-book sample. 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 Nado live order book, 1 min ago	0.33 bp	3.8 bp −$4	9.1 bp −$91	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

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 51 exchanges

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-PERPshort	−0.0080%	1h	1.5395	+0.481%	$5K	$4K	20x
Kraken Futures PF_XRPUSD	−0.0062%	1h	1.5327	+0.037%	$13.8M	$69.3M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5317	−0.028%	$1.1M	$154K	10x	as long as short
01 Exchange XRPUSD	0.0000%	1h	1.5331	+0.064%	$9K	$987	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5290	−0.204%	$68K	$108K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5327	+0.038%	$7.7M	$20.2M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5318	−0.020%	$242K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.558%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0088%	1h	1.5312	−0.063%	$17K	$70K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5326	+0.028%	$2.8M	$14.2M	20x	as long as short

Show all 51 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5329	+0.051%	$599K	$3.2M	20x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5324	+0.018%	$478K	$47K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5322	+0.005%	$10K	$410K	20x	as long as short
Nado XRP-PERPlong	+0.0100%	1h	1.5321	long leg	$838K	$6.0M	20x
Hyperliquid XRP	+0.0100%	1h	1.5334	+0.083%	$297.4M	$264.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5323	+0.010%	$38.9M	$79.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5325	+0.024%	$589K	$987K	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5323	+0.009%	$532.9M	$2.04B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5318	−0.021%	$361.2M	$860.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5318	−0.021%	$124.1M	$823.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5267	−0.354%	$562K	$37K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5330	+0.057%	$163K	$694K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5282	−0.255%	$1.6M	$66K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5322	+0.005%	$377.5M	$161.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5322	+0.005%	$316.0M	$908.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5323	+0.013%	$104.9M	$180.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5320	−0.008%	$271.2M	$350.2M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5318	−0.021%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5273	−0.317%	$4.9M	$38.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5277	−0.286%	$664K	$106.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5299	−0.145%	$1.1M	$32.7M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5287	−0.224%	$1.2M	$1.2M	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5330	+0.057%	$52K	$470K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5328	+0.045%	$41K	$64K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5325	+0.024%	$83K	$601K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5303	−0.119%	$823K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5334	+0.081%	$128K	$1.5M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5323	+0.011%	$32K	$1.4M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5316	−0.037%	$49.9M	$13.2M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5324	+0.018%	$54.7M	$33.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5327	+0.038%	—	$15K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5317	−0.030%	$2.2M	$6.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5320	−0.008%	$59K	$25K	3x	as long as short
Coinbase International XRP-PERP-INTX	+0.0112%	1h	1.5326	+0.031%	$5.5M	$42.6M	50x	as long as short
Kalshi KXXRPPERP	+0.0117%	8h	1.5329	+0.051%	$1.9M	$35.4M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0156%	1h	1.5333	+0.077%	$2.0M	$1.2M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5313	−0.054%	$23.7M	$77.5M	125x	as long as short
Reya XRPRUSDPERP	+0.0224%	1h	1.5325	+0.022%	$1.4M	$1K	15x	as long as short
RISEx XRP/USDC	+0.0239%	1h	1.5333	+0.075%	$507K	$723K	10x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0245% / S −0.0472%	1h	1.5328	+0.043%	$886K	—	200x	as long as short
Aftermath Perps XRPUSD	+0.0362%	1h	1.5299	−0.145%	$3K	$13K	10x	as long as short