XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0140%/8h= −15.4% APRnext payment −$0.18 per $10,000 · paid last 24h −0.087%

Price spread now: Coinbase International against RISEx−0.005%7-day average −0.022% · 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−$24as in the Price arb table

costs, in and out, $10k−$250.253% of the position

Long on RISEx Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.283%−$28 on $10k

Price spread, last 4 days (all we have)−0.099%−$10 · spread now −0.005%, 7d avg −0.022%

Together, before fees−0.382%−$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XRP/USDC	1.5235	0.0316	pay 0.0040% / 1h	25m 38s	$532K	$800K	10x
Short	Coinbase International XRP-PERP-INTX	1.5234	0.0176	get 0.0022% / 1h	25m 38s	$5.7M	$48.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against RISEx. 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 RISExbpFee Coinbase InternationalbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$29.46
Price spread: −0.005% → −0.022%: $1.66
Slippage, 4 orders: −$9.27
Fee RISEx: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$53.07
Costs to cover: 0.253%
Break-even: never at this rate

Slippage from RISEx: live order book, 18 min ago; Coinbase International: live order book, 4 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, 18 min ago	2.24 bp	5.2 bp −$5	11.5 bp −$115	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	0.33 bp	7.0 bp −$7	10.3 bp −$103	27.3 bp −$2,731	doesn't fit

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	1.5214	−0.136%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5221	−0.093%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5170	−0.425%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5226	−0.058%	$246K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0024%	1h	1.5232	−0.020%	$14.4M	$74.9M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.135%	$2K	$107K	30x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0078%	1h	1.5233	−0.012%	$7.7M	$24.8M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0085% / S −0.0035%	1h	1.5204	−0.200%	$802K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5218	−0.110%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5227	−0.051%	$547K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0099%	8h	1.5227	−0.051%	$11K	$372K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5232	−0.022%	$991K	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5235	+0.005%	$38.7M	$87.8M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5217	−0.115%	$619K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5238	+0.021%	$534.7M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5234	−0.005%	$347.3M	$963.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5234	−0.005%	$127.6M	$887.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5198	−0.242%	$566K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5239	+0.028%	$144K	$715K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5228	−0.045%	$377.9M	$160.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5229	−0.038%	$304.3M	$926.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5210	−0.165%	$107.8M	$182.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5228	−0.045%	$268.6M	$397.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5220	−0.097%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5222	−0.085%	$4.8M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5198	−0.240%	$660K	$113.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5212	−0.150%	$1.1M	$36.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5207	−0.182%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5235	−0.001%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5233	−0.012%	$47K	$489K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5230	−0.032%	$41K	$71K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5226	−0.058%	$65K	$773K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5148	−0.567%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5234	−0.005%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5231	−0.025%	$29K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5229	−0.037%	$49.7M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5226	−0.058%	$54.5M	$32.5M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5157	−0.511%	$1.6M	$5K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5222	−0.081%	$475K	$54K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5228	−0.046%	$2.1M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5227	−0.051%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0112%	1h	1.5242	+0.047%	$9K	$2K	10x	as long as short
Hibachi XRP/USDT-P	+0.0144%	1h	1.5172	−0.413%	$17K	$79K	7x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0176%	1h	1.5234	−0.005%	$5.7M	$48.4M	50x
Backpack XRP_USDC_PERP	+0.0187%	1h	1.5241	+0.041%	$2.0M	$1.4M	25x	as long as short
Hyperliquid XRP	+0.0198%	1h	1.5223	−0.077%	$289.5M	$265.1M	20x	as long as short
Kalshi KXXRPPERP	+0.0217%	8h	1.5228	−0.045%	$1.8M	$35.2M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0219%	1h	1.5228	−0.044%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5205	−0.196%	$23.7M	$78.1M	125x	as long as short
RISEx XRP/USDClong	+0.0316%	1h	1.5235	long leg	$532K	$800K	10x
Aftermath Perps XRPUSD	+0.0606%	1h	1.5183	−0.339%	$2K	$16K	10x	as long as short