XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0456%/8h= −50.0% APRnext payment −$0.57 per $10,000 · paid last 24h −0.145%

Price spread now: dYdX against RISEx−0.170%7-day average −0.051% · 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−$82as in the Price arb table

costs, in and out, $10k−$700.702% of the position

Long on RISEx Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.418%−$42 on $10k

Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.170%, 7d avg −0.051%

Together, before fees−0.318%−$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and dYdX is 0.119% cheaper against RISEx than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.051%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XRP/USDC	1.5121	0.0456	pay 0.0057% / 1h	36m 21s	$535K	$783K	10x
Short	dYdX XRP-USD	1.5095	0	get 0.0000% / 1h	36m 21s	$1.1M	$120K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.170%Rate

Funding earned: −$95.83
Price spread: −0.170% → −0.051%: −$11.93
Slippage, 4 orders: −$54.18
Fee RISEx: 3 bp × 2 orders: −$6
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$177.94
Costs to cover: 0.702%
Break-even: never at this rate

Slippage from RISEx: live order book, 32 min ago; dYdX: live order book, 3 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, 32 min ago	1.01 bp	4.0 bp −$4	8.9 bp −$89	doesn't fit	doesn't fit
Sell dYdX live order book, 3 min ago	22.55 bp	29.9 bp −$30	40.3 bp −$403	163.8 bp −$16.4K	306.7 bp −$153.3K

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	1.5078	−0.284%	$5K	$3K	20x	as long as short
dYdX XRP-USDshort	0.0000%	1h	1.5095	−0.170%	$1.1M	$120K	10x
Phoenix XRP	0.0000%	1h	1.5100	−0.138%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5124	+0.020%	$252K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0018% / S +0.0062%	1h	1.5123	+0.011%	$801K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.904%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5128	+0.048%	$14.6M	$72.7M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0070%	8h	1.5127	+0.040%	$58K	$947K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5132	+0.076%	$2.8M	$14.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5135	+0.093%	$517K	$3.3M	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	+0.0100%	8h	1.5110	−0.072%	$10K	$307K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5110	−0.074%	$800K	$5.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5128	+0.049%	$38.5M	$84.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5106	−0.096%	$609K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5133	+0.080%	$537.4M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5130	+0.060%	$340.2M	$944.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5130	+0.060%	$123.6M	$872.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5069	−0.343%	$561K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5116	−0.033%	$115K	$723K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5101	−0.132%	$1.6M	$307K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5127	+0.040%	$367.0M	$151.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5130	+0.060%	$289.4M	$906.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5126	+0.036%	$106.7M	$172.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5129	+0.053%	$265.5M	$385.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5120	−0.006%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5126	+0.035%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5093	−0.185%	$655K	$108.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5084	−0.246%	$1.1M	$38.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5108	−0.085%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5115	−0.040%	—	$12K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5129	+0.053%	$45K	$446K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5128	+0.046%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5131	+0.064%	$814K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5136	+0.100%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5130	+0.060%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5130	+0.061%	$49.6M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5130	+0.060%	$53.8M	$29.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5112	−0.060%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5124	+0.018%	$2.0M	$7.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5130	+0.057%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0144%	1h	1.5120	−0.006%	$8K	$8K	10x	as long as short
Hyperliquid XRP	+0.0206%	1h	1.5138	+0.113%	$279.9M	$220.8M	20x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5124	+0.023%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5138	+0.113%	$5.7M	$46.6M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.477%	$24.0M	$75.2M	125x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0279%	1h	1.5133	+0.080%	$7.6M	$25.3M	50x	as long as short
Hibachi XRP/USDT-P	+0.0320%	1h	1.5094	−0.180%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0330%	1h	1.5105	−0.105%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0342%	8h	1.5112	−0.059%	$2.1M	$36.1M	2.9x	as long as short
RISEx XRP/USDClong	+0.0456%	1h	1.5121	long leg	$535K	$783K	10x
Aftermath Perps XRPUSD	+0.0798%	1h	1.5117	−0.028%	$2K	$14K	10x	as long as short