Funding you earn now, next payment 07:00 UTC−0.0216%/8h= −23.7% APRpaid last 24h −0.117%
Price spread now: Bybit against RISEx−0.154%7-day average −0.053% · 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−$32as in the Price arb table
costs, in and out, $10k−$220.219% of the position
Funding, last 4 days (all we have)−0.339%−$34 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.154%, 7d avg −0.053%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.101% cheaper against RISEx than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XRP/USDC | 1.5175 | 0.0316 | pay 0.0040% / 1h | 44m 24s | $523K | $797K | 10x |
| Short | Bybit XRPUSDT | 1.5152 | 0.0100 | get 0.0100% / 8h | 1h 44m | $345.8M | $969.2M | 100x |
RISEx XRP/USDC
Bybit XRPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against RISEx. 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
- −$45.42
- Price spread: −0.154% → −0.053%
- −$10.1
- Slippage, 4 orders
- −$4.9
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$77.42
- Costs to cover
- 0.219%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 64 min ago; Bybit: live order book, 5 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 RISEx live order book, 64 min ago | 1.82 bp | 4.8 bp −$5 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.33 bp | 5.8 bp −$6 | 6.6 bp −$66 | 12.0 bp −$1,197 | 24.7 bp −$12.3K |
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 | 1.5125 | −0.332% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5174 | −0.009% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5130 | −0.299% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5160 | −0.102% | $245K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5149 | −0.174% | $14.5M | $75.4M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.535% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5176 | +0.004% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5154 | −0.141% | $7.7M | $25.0M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0080% / S −0.0028% | 1h | 1.5159 | −0.106% | $799K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5168 | −0.051% | $2.8M | $15.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
GMX XRP/USD [ETH-USDC]
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5170 | −0.035% | $546K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5165 | −0.068% | $13K | $368K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5162 | −0.085% | $988K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5164 | −0.078% | $38.5M | $87.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5173 | −0.016% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5161 | −0.095% | $530.4M | $2.23B | 100x | as long as short |
| Bybit XRPUSDTshort | +0.0100% | 8h | 1.5152 | −0.154% | $345.8M | $969.2M | 100x | |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5152 | −0.154% | $127.5M | $892.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5161 | −0.095% | $563K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5176 | +0.004% | $143K | $723K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5129 | −0.306% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5160 | −0.101% | $373.2M | $159.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5161 | −0.095% | $298.0M | $920.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5167 | −0.057% | $107.4M | $181.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5149 | −0.174% | $267.3M | $400.5M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5154 | −0.141% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5118 | −0.379% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5138 | −0.245% | $658K | $114.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5133 | −0.279% | $1.1M | $36.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5143 | −0.213% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5161 | −0.096% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5163 | −0.081% | $47K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5163 | −0.078% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5149 | −0.174% | $65K | $810K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5151 | −0.161% | $815K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5152 | −0.153% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5171 | −0.029% | $30K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5172 | −0.023% | $49.6M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5169 | −0.042% | $54.2M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5176 | +0.007% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5147 | −0.186% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5151 | −0.164% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0152% | 1h | 1.5182 | +0.044% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0160% | 1h | 1.5171 | −0.028% | $17K | $79K | 7x | as long as short |
| Hyperliquid XRP | +0.0162% | 1h | 1.5172 | −0.022% | $288.9M | $264.8M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5174 | −0.009% | $5.7M | $48.4M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5158 | −0.112% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5172 | −0.022% | $23.5M | $78.1M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0221% | 8h | 1.5152 | −0.154% | $1.7M | $35.3M | 2.9x | as long as short |
| RISEx XRP/USDClong | +0.0316% | 1h | 1.5175 | long leg | $523K | $797K | 10x | |
| Aftermath Perps XRPUSD | +0.0553% | 1h | 1.5154 | −0.139% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
Aftermath Perps XRPUSD