Funding you earn now, next payment 00:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.41 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against Orderly−0.008%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 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.099%+$10 · spread now −0.008%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XRP_USDC | 1.5365 | 0.0059 | pay 0.0059% / 8h | 18m 26s | $75K | $910K | 50x |
| Short | Binance XRPUSDT | 1.5364 | 0.0100 | get 0.0100% / 8h | 18m 26s | $546.6M | $2.05B | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $8.6
- Price spread: −0.008% → +0.009%
- −$1.63
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$9.03
- Costs to cover
- 0.160%
- Break-even
- 14.4 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 11 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 Binance live order book, 11 min ago | 0.32 bp | 5.3 bp −$5 | 6.0 bp −$60 | 12.1 bp −$1,206 | 25.6 bp −$12.8K |
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 | 1.5364 | −0.007% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5358 | −0.046% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5370 | +0.033% | $68K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5359 | −0.039% | $266K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0005% / S +0.0095% | 1h | 1.5358 | −0.044% | $844K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0010% | 1h | 1.5366 | +0.007% | $9.4M | $25.6M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5364 | −0.009% | $15.0M | $69.7M | 50x | as long as short |
| Orderly PERP_XRP_USDClong | +0.0059% | 8h | 1.5365 | long leg | $75K | $910K | 50x | |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +1.269% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5355 | −0.067% | $2.9M | $13.0M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5364 | −0.007% | $440K | $3.2M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5362 | −0.016% | $1.1M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5363 | −0.012% | $39.1M | $81.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5361 | −0.028% | $632K | $1.1M | 20x | as long as short |
| Binance XRPUSDTshort | +0.0100% | 8h | 1.5364 | −0.008% | $546.6M | $2.05B | 100x | |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5361 | −0.026% | $342.0M | $924.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5362 | −0.020% | $125.5M | $879.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5356 | −0.059% | $572K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5370 | +0.033% | $117K | $758K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5373 | +0.049% | $1.7M | $571K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5360 | −0.033% | $361.3M | $148.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5362 | −0.020% | $299.5M | $888.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5360 | −0.030% | $110.1M | $165.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5360 | −0.033% | $267.7M | $375.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5362 | −0.020% | — | $121.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5364 | −0.004% | $11.5M | $30.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5360 | −0.030% | $667K | $105.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5364 | −0.007% | $1.1M | $40.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5364 | −0.007% | $1.0M | $900K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5361 | −0.026% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5364 | −0.007% | $47K | $455K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5362 | −0.018% | $41K | $69K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5366 | +0.008% | $827K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5370 | +0.033% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5365 | 0.000% | $31K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5357 | −0.054% | $50.4M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5369 | +0.026% | $54.7M | $29.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5367 | +0.014% | $479K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5366 | +0.007% | $10K | $270K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5363 | −0.016% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5363 | −0.015% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5371 | +0.039% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5357 | −0.049% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5364 | −0.007% | $24.3M | $74.8M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5372 | +0.046% | $5.8M | $47.1M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0259% | 1h | 1.5370 | +0.033% | $1.7M | $1.0M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0288% | 1h | 1.5364 | −0.006% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0309% | 8h | 1.5366 | +0.007% | $2.0M | $34.5M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0585% | 1h | 1.5378 | +0.085% | $293.7M | $213.6M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5378 | +0.086% | $500K | $638K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0781% | 1h | 1.5375 | +0.063% | $1K | $11K | 10x | as long as short |
Binance XRPUSDT
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Aster XRPUSDT
Pacifica XRP
Bybit XRPUSDT
OKX XRP-USDT-SWAP
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
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
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD