Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Arcus against Orderly−0.013%7-day average +0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.013%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.023% cheaper against Orderly than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XRP_USDC | 1.5176 | 0.0100 | pay 0.0100% / 8h | 11m 36s | $77K | $689K | 50x |
| Short | Arcus XRP-USD | 1.5174 | 0.0100 | get 0.0013% / 1h | 11m 36s | $143K | $714K | 20x |
Orderly PERP_XRP_USDC
Arcus XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Orderly. 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
- $0
- Price spread: −0.013% → +0.009%
- −$2.26
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$12.76
- Costs to cover
- 0.105%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Arcus: live order book, 27 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 27 min ago | 0.99 bp | 4.9 bp −$5 | 8.9 bp −$89 | 28.0 bp −$2,798 | doesn't fit |
Orderly: 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 | 1.5163 | −0.086% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5168 | −0.056% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5174 | −0.014% | $247K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5176 | 0.000% | $7.7M | $24.2M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.530% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5170 | −0.041% | $14.5M | $73.6M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5164 | −0.079% | $2.8M | $15.2M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5166 | −0.066% | $604K | $3.2M | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.0096% | 1h | 1.5165 | −0.075% | $17K | $78K | 7x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5163 | −0.086% | $20K | $382K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
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 | 1.5173 | −0.016% | $1.0M | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5169 | −0.049% | $38.5M | $86.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5165 | −0.075% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5166 | −0.068% | $529.0M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5163 | −0.086% | $349.5M | $950.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5165 | −0.072% | $127.2M | $862.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5172 | −0.026% | $564K | $33K | 5x | as long as short |
| Arcus XRP-USDshort | +0.0100% | 1h | 1.5174 | −0.013% | $143K | $714K | 20x | |
| Bulk XRP-USD | +0.0100% | 1h | 1.5178 | +0.014% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5164 | −0.079% | $377.6M | $162.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5165 | −0.072% | $311.5M | $928.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5159 | −0.109% | $106.5M | $183.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5164 | −0.079% | $268.8M | $388.7M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5166 | −0.066% | — | $107.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5148 | −0.184% | $4.8M | $38.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5151 | −0.164% | $658K | $113.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5180 | +0.025% | $1.1M | $34.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5182 | +0.040% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5181 | +0.036% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5180 | +0.026% | $52K | $514K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5178 | +0.013% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDClong | +0.0100% | 8h | 1.5176 | long leg | $77K | $689K | 50x | |
| Derive XRP-PERP | +0.0100% | 1h | 1.5175 | −0.007% | $816K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5183 | +0.049% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5170 | −0.040% | $28K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5176 | −0.001% | $49.6M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5171 | −0.033% | $54.1M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5166 | −0.064% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5160 | −0.103% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5170 | −0.040% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5172 | −0.029% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0108% / S −0.0071% | 1h | 1.5174 | −0.011% | $774K | — | 200x | as long as short |
| Hyperliquid XRP | +0.0140% | 1h | 1.5178 | +0.012% | $289.7M | $268.3M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0168% | 8h | 1.5181 | +0.033% | $1.8M | $33.8M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0176% | 1h | 1.5177 | +0.007% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5176 | 0.000% | $5.6M | $48.0M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5177 | +0.007% | $23.6M | $77.8M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5175 | −0.009% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5172 | −0.025% | $521K | $798K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5180 | +0.026% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0583% | 1h | 1.5168 | −0.054% | $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
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
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Hyperliquid XRP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD