Funding you earn now, next payment 00:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against Orderly+0.130%7-day average +0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 3 days (all we have)+0.009%+$1 · spread now +0.130%, 7d avg +0.009%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.120% dearer against Orderly than usual: you sell high and buy low: +$12 more if the spread 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 | 1.5426 | 0.0049 | pay 0.0049% / 8h | 2h 03m | $80K | $933K | 50x |
| Short | Bitget XRPUSDT | 1.5446 | 0.0100 | get 0.0100% / 8h | 2h 03m | $267.7M | $347.2M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $10.81
- Price spread: +0.130% → +0.009%
- $12.04
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $4.85
- Costs to cover
- 0.180%
- Break-even
- 3.9 days
Slippage unknown: Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 0.32 bp | 8.1 bp −$8 | 11.8 bp −$118 | 23.0 bp −$2,299 | 37.1 bp −$18.5K |
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 | 1.5415 | −0.071% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5405 | −0.138% | $1.1M | $101K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5410 | −0.104% | $69K | $89K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5422 | −0.024% | $258K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0009% | 1h | 1.5430 | +0.026% | $9.4M | $24.8M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0040% | 1h | 1.5290 | −0.882% | $2K | $86K | 30x | as long as short |
| Orderly PERP_XRP_USDClong | +0.0049% | 8h | 1.5426 | long leg | $80K | $933K | 50x | |
| GMX XRP/USD [ETH-USDC] | L +0.0076% / S +0.0163% | 1h | 1.5422 | −0.028% | $908K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5432 | +0.036% | $3.0M | $11.6M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5433 | +0.045% | $446K | $3.1M | 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 | 1.5418 | −0.049% | $1.1M | $5.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5429 | +0.021% | $39.3M | $73.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5418 | −0.054% | $673K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5438 | +0.078% | $555.3M | $1.88B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5439 | +0.084% | $347.5M | $853.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5443 | +0.110% | $125.7M | $850.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5393 | −0.214% | $573K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5422 | −0.026% | $121K | $688K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5472 | +0.295% | $1.7M | $470K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5428 | +0.013% | $368.1M | $134.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5429 | +0.019% | $286.5M | $825.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5429 | +0.018% | $112.2M | $149.4M | 75x | as long as short |
| Bitget XRPUSDTshort | +0.0100% | 8h | 1.5446 | +0.130% | $267.7M | $347.2M | 125x | |
| BingX XRP-USDT | +0.0100% | 8h | 1.5435 | +0.058% | — | $114.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5410 | −0.105% | $6.6M | $24.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5390 | −0.231% | $669K | $96.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5398 | −0.181% | $1.1M | $41.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5386 | −0.259% | $1.0M | $879K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5410 | −0.103% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5421 | −0.032% | $51K | $438K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5418 | −0.052% | $42K | $61K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5424 | −0.012% | $831K | $70K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5421 | −0.033% | $129K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5426 | 0.000% | $32K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5417 | −0.056% | $50.7M | $14.9M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5426 | 0.000% | $55.1M | $28.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5414 | −0.076% | $481K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5422 | −0.026% | $12K | $240K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5447 | +0.133% | $2.1M | $7.0M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5425 | −0.009% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0152% | 1h | 1.5423 | −0.019% | $8K | $8K | 10x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0169% | 1h | 1.5425 | −0.008% | $15.7M | $65.5M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5429 | +0.019% | $5.6M | $45.0M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0203% | 1h | 1.5444 | +0.117% | $1.8M | $953K | 25x | as long as short |
| Reya XRPRUSDPERP | +0.0211% | 1h | 1.5418 | −0.052% | $1.4M | $9K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5434 | +0.052% | $24.3M | $69.2M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0301% | 8h | 1.5442 | +0.104% | $1.8M | $32.0M | 2.9x | as long as short |
| Hibachi XRP/USDT-P | +0.0312% | 1h | 1.5398 | −0.179% | $19K | $66K | 7x | as long as short |
| RISEx XRP/USDC | +0.0431% | 1h | 1.5425 | −0.006% | $405K | $498K | 10x | as long as short |
| Hyperliquid XRP | +0.0517% | 1h | 1.5451 | +0.162% | $285.3M | $191.0M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0572% | 1h | 1.5424 | −0.011% | $1K | $11K | 10x | as long as short |
Bitget XRPUSDT
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
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
Kraken Futures PF_XRPUSD
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD