XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.009%

Price spread now: HTX against Orderly+0.024%7-day average −0.038% · you sell dearer than you buy

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

Long on Orderly Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.116%+$12 on $10k

Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.024%, 7d avg −0.038%

Together, before fees+0.044%+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.062% dearer against Orderly than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_XRP_USDC	1.5145	0.0081	pay 0.0081% / 8h	4h 36m	$62K	$935K	50x
Short	HTX XRP-USDT	1.5149	0.0100	get 0.0100% / 8h	4h 36m	$49.6M	$15.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Orderly. 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 OrderlybpFee HTXbpOrdersPrice spread, now +0.024%Rate

Funding earned: $3.98
Price spread: +0.024% → −0.038%: $6.18
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee HTX: 6 bp × 2 orders: −$12
Net: −$7.84
Costs to cover: 0.180%
Break-even: 20.8 days

Slippage unknown: Orderly: no order-book sample; HTX: live order book, 2 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 HTX live order book, 2 min ago	0.13 bp	9.3 bp −$9	11.3 bp −$113	31.7 bp −$3,174	161.2 bp −$80.6K

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	1.5162	+0.112%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0071%	1h	1.5151	+0.042%	$14.3M	$73.8M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5133	−0.079%	$1.1M	$114K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5150	+0.033%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5148	+0.021%	$253K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5151	+0.040%	$7.7M	$25.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.740%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0040% / S +0.0029%	1h	1.5148	+0.020%	$788K	—	200x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5156	+0.073%	$8K	$8K	10x	as long as short
Orderly PERP_XRP_USDClong	+0.0081%	8h	1.5145	long leg	$62K	$935K	50x

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XRP	+0.0096%	1h	1.5125	−0.130%	$2.8M	$14.6M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5131	−0.092%	$509K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0097%	8h	1.5148	+0.020%	$9K	$324K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5146	+0.010%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5139	−0.040%	$281.1M	$225.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5147	+0.013%	$38.3M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5128	−0.111%	$607K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5123	−0.143%	$532.9M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5119	−0.172%	$344.2M	$932.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5118	−0.178%	$125.8M	$872.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5175	+0.198%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5148	+0.020%	$110K	$717K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5146	+0.005%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5139	−0.040%	$369.6M	$153.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5123	−0.145%	$288.8M	$897.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5149	+0.024%	$107.9M	$173.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5127	−0.119%	$267.4M	$384.6M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5151	+0.040%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5148	+0.018%	$5.4M	$37.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5152	+0.048%	$658K	$108.2M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5180	+0.231%	$1.1M	$35.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5153	+0.053%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5149	+0.026%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5155	+0.066%	$44K	$453K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5150	+0.033%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5146	+0.005%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5158	+0.087%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5151	+0.040%	$29K	$1.7M	10x	as long as short
HTX XRP-USDTshort	+0.0100%	8h	1.5149	+0.024%	$49.6M	$15.7M	75x
Phemex XRPUSDT	+0.0100%	8h	1.5149	+0.026%	$54.0M	$30.6M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5163	+0.122%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5148	+0.019%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5146	+0.007%	$58K	$25K	3x	as long as short
Hibachi XRP/USDT-P	+0.0160%	1h	1.5162	+0.109%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0165%	1h	1.5155	+0.066%	$1.9M	$1.3M	25x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5152	+0.046%	$5.6M	$47.1M	50x	as long as short
Reya XRPRUSDPERP	+0.0216%	1h	1.5146	+0.008%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5152	+0.046%	$24.1M	$76.1M	125x	as long as short
Kalshi KXXRPPERP	+0.0315%	8h	1.5156	+0.073%	$2.1M	$34.5M	2.9x	as long as short
RISEx XRP/USDC	+0.0352%	1h	1.5158	+0.087%	$516K	$779K	10x	as long as short
Aftermath Perps XRPUSD	+0.0652%	1h	1.5157	+0.079%	$2K	$15K	10x	as long as short