Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bulk against Pacifica−0.046%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$200.197% of the position
Funding, last 3 days (all we have)+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.046%, 7d avg +0.011%
=Together, before fees+0.012%+ Points / potential airdropPacifica: Active · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.057% cheaper against Pacifica than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XRP | 1.5151 | 0.0100 | pay 0.0013% / 1h | 2m 56s | $608K | $1.1M | 20x |
| Short | Bulk XRP-USD | 1.5144 | 0.0100 | get 0.0013% / 1h | 2m 56s | $1.6M | $214K | 20x |
Pacifica XRP
Bulk XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Pacifica. 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: −0.046% → +0.011%
- −$5.68
- Slippage, 4 orders
- −$4.74
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$25.42
- Costs to cover
- 0.197%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 6 min ago; Bulk: live order book, 1 min ago.
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 Pacifica live order book, 6 min ago | 0.33 bp | 5.4 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bulk live order book, 1 min ago | 0.33 bp | 3.8 bp −$4 | 4.3 bp −$43 | 8.6 bp −$859 | 21.4 bp −$10.7K |
XRP on 50 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 | 1.5153 | +0.013% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5146 | −0.033% | $1.1M | $110K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.125% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5139 | −0.079% | $253K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0024% / S +0.0053% | 1h | 1.5134 | −0.112% | $800K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.699% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0040% | 1h | 1.5143 | −0.050% | $14.5M | $72.8M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0074% | 8h | 1.5144 | −0.046% | $62K | $935K | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5148 | −0.020% | $7.6M | $25.0M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5146 | −0.033% | $2.8M | $14.4M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Deribit XRP_USDC-PERPETUAL
Lighter XRPShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5145 | −0.040% | $509K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5143 | −0.053% | $10K | $299K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5147 | −0.023% | $972K | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5130 | −0.139% | $38.4M | $83.5M | 100x | as long as short |
| Pacifica XRPlong | +0.0100% | 1h | 1.5151 | long leg | $608K | $1.1M | 20x | |
| Binance XRPUSDT | +0.0100% | 8h | 1.5140 | −0.074% | $536.6M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5139 | −0.079% | $341.6M | $926.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5127 | −0.158% | $124.5M | $864.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5128 | −0.152% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5153 | +0.013% | $115K | $693K | 20x | as long as short |
| Bulk XRP-USDshort | +0.0100% | 1h | 1.5144 | −0.046% | $1.6M | $214K | 20x | |
| Gate XRP_USDT | +0.0100% | 8h | 1.5135 | −0.106% | $368.2M | $153.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5135 | −0.106% | $293.4M | $919.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5127 | −0.156% | $106.7M | $170.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5125 | −0.172% | $266.8M | $380.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5138 | −0.086% | — | $126.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5141 | −0.067% | $6.3M | $35.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5131 | −0.131% | $657K | $109.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5161 | +0.065% | $1.1M | $36.6M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5137 | −0.092% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5153 | +0.010% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5149 | −0.013% | $44K | $445K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5138 | −0.086% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5148 | −0.020% | $815K | $75K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5152 | +0.005% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5146 | −0.033% | $30K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5139 | −0.079% | $49.6M | $15.3M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5134 | −0.112% | $53.9M | $29.9M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5154 | +0.019% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5127 | −0.160% | $2.0M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5143 | −0.052% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0136% | 1h | 1.5149 | −0.013% | $8K | $8K | 10x | as long as short |
| Hyperliquid XRP | +0.0158% | 1h | 1.5136 | −0.099% | $280.1M | $219.8M | 20x | as long as short |
| Reya XRPRUSDPERP | +0.0214% | 1h | 1.5139 | −0.078% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5152 | +0.007% | $5.7M | $46.4M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0328% | 1h | 1.5161 | +0.068% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0333% | 1h | 1.5137 | −0.092% | $1.9M | $1.3M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0359% | 8h | 1.5146 | −0.033% | $2.1M | $35.2M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0456% | 1h | 1.5154 | +0.017% | $529K | $787K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0747% | 1h | 1.5149 | −0.014% | $2K | $14K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus 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
Aevo XRP-PERP
01 Exchange XRPUSD
Hyperliquid XRP
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD