Funding you earn now, next payment 06:00 UTC−0.0205%/8h= −22.5% APRnext payment −$0.26 per $10,000 · paid last 24h −0.119%
Price spread now: Pacifica against RISEx−0.056%7-day average −0.032% · 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−$220.219% of the position
Funding, last 4 days (all we have)−0.331%−$33 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.056%, 7d avg −0.032%
=Together, before fees−0.298%+ Points / potential airdropPacifica: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Pacifica is 0.024% cheaper against RISEx than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XRP/USDC | 1.5174 | 0.0305 | pay 0.0038% / 1h | 5m 52s | $518K | $790K | 10x |
| Short | Pacifica XRP | 1.5166 | 0.0100 | get 0.0013% / 1h | 5m 52s | $603K | $1.1M | 20x |
RISEx XRP/USDC
Pacifica XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$43.08
- Price spread: −0.056% → −0.032%
- −$2.42
- Slippage, 4 orders
- −$7.85
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$67.36
- Costs to cover
- 0.219%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 43 min ago; Pacifica: 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, 43 min ago | 1.82 bp | 4.8 bp −$5 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 3 min ago | 1.32 bp | 5.9 bp −$6 | doesn't fit | doesn't fit | 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 | 1.5172 | −0.016% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5173 | −0.008% | $14.4M | $74.9M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5160 | −0.097% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5180 | +0.036% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5167 | −0.048% | $245K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.540% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0074% / S −0.0019% | 1h | 1.5167 | −0.047% | $800K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5174 | −0.003% | $7.7M | $25.5M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5172 | −0.016% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5174 | −0.004% | $2.8M | $15.1M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
01 Exchange XRPUSD
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 | 1.5175 | +0.003% | $548K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5166 | −0.056% | $11K | $362K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5160 | −0.094% | $1.0M | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5167 | −0.052% | $38.5M | $87.4M | 100x | as long as short |
| Pacifica XRPshort | +0.0100% | 1h | 1.5166 | −0.056% | $603K | $1.1M | 20x | |
| Binance XRPUSDT | +0.0100% | 8h | 1.5167 | −0.048% | $527.2M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5165 | −0.063% | $344.8M | $965.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5164 | −0.069% | $126.5M | $891.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5159 | −0.102% | $564K | $35K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5175 | +0.003% | $143K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5132 | −0.281% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5169 | −0.036% | $374.9M | $161.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5167 | −0.049% | $298.5M | $928.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5170 | −0.030% | $107.2M | $181.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5165 | −0.063% | $266.6M | $399.2M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5165 | −0.063% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5166 | −0.057% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5138 | −0.239% | $657K | $113.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5148 | −0.175% | $1.1M | $37.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5147 | −0.181% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5171 | −0.021% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5173 | −0.010% | $51K | $488K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5167 | −0.048% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5169 | −0.036% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5171 | −0.024% | $816K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5173 | −0.010% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5169 | −0.036% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5171 | −0.020% | $49.6M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5166 | −0.056% | $54.1M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5176 | +0.009% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5163 | −0.074% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5169 | −0.039% | $58K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0145% | 1h | 1.5178 | +0.023% | $289.7M | $264.2M | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.0184% | 1h | 1.5172 | −0.018% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5178 | +0.023% | $5.7M | $48.6M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0208% | 1h | 1.5182 | +0.049% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0218% | 8h | 1.5171 | −0.023% | $1.7M | $35.5M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5166 | −0.055% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5165 | −0.063% | $23.2M | $77.5M | 125x | as long as short |
| RISEx XRP/USDClong | +0.0305% | 1h | 1.5174 | long leg | $518K | $790K | 10x | |
| Aftermath Perps XRPUSD | +0.0583% | 1h | 1.5144 | −0.200% | $2K | $16K | 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
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
Hyperliquid XRP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
Aftermath Perps XRPUSD