XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.14 per $10,000 · paid last 24h +0.027%

Price spread now: Coinbase International against SoDEX+0.020%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$270.269% of the position

Long on SoDEX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.050%+$5 on $10k

Price spread, last 3 days (all we have)+0.029%+$3 · spread now +0.020%, 7d avg +0.034%

Together, before fees+0.079%+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XRP-USD	1.5056	0.0100	pay 0.0013% / 1h	38m 08s	$29K	$1.7M	10x
Short	Coinbase International XRP-PERP-INTX	1.5059	0.0216	get 0.0027% / 1h	38m 08s	$5.7M	$46.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. 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 SoDEXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.020%Rate

Funding earned: $24.36
Price spread: +0.020% → +0.034%: −$1.44
Slippage, 4 orders: −$8.94
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$4.02
Costs to cover: 0.269%
Break-even: 8.2 days

Slippage from SoDEX: live order book, 1 min ago; Coinbase International: 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 SoDEX live order book, 1 min ago	0.33 bp	4.3 bp −$4	7.9 bp −$79	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	0.33 bp	10.9 bp −$11	12.9 bp −$129	27.3 bp −$2,726	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	1.5082	+0.173%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5080	+0.156%	$1.1M	$120K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5110	+0.359%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5057	+0.007%	$251K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0024% / S +0.0063%	1h	1.5057	+0.008%	$826K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.348%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5051	−0.032%	$14.5M	$72.9M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0070%	8h	1.5058	+0.013%	$57K	$945K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5055	−0.007%	$2.8M	$14.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5058	+0.013%	$514K	$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	1.5068	+0.080%	$10K	$306K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5082	+0.169%	$792K	$5.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5055	−0.005%	$38.3M	$84.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5085	+0.190%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5080	+0.161%	$535.5M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5080	+0.159%	$338.7M	$944.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5078	+0.146%	$123.2M	$870.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5090	+0.226%	$562K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5083	+0.179%	$115K	$723K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5183	+0.843%	$1.6M	$305K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5056	0.000%	$365.3M	$151.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5057	+0.007%	$285.7M	$905.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5055	−0.009%	$106.2M	$172.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5065	+0.060%	$264.4M	$386.1M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5068	+0.080%	—	$127.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5098	+0.280%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5152	+0.641%	$658K	$108.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5080	+0.161%	$1.1M	$38.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5163	+0.711%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5084	+0.186%	—	$12K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5080	+0.159%	$45K	$452K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5067	+0.073%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5061	+0.035%	$810K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5060	+0.025%	$126K	$1.8M	30x	as long as short
SoDEX XRP-USDlong	+0.0100%	1h	1.5056	long leg	$29K	$1.7M	10x
HTX XRP-USDT	+0.0100%	8h	1.5058	+0.016%	$49.3M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5058	+0.013%	$53.5M	$29.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5083	+0.179%	$470K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5052	−0.027%	$2.0M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5057	+0.010%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5074	+0.120%	$8K	$8K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0149%	1h	1.5057	+0.007%	$7.6M	$25.4M	50x	as long as short
Hyperliquid XRP	+0.0187%	1h	1.5078	+0.146%	$278.8M	$220.7M	20x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5078	+0.143%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0216%	1h	1.5059	+0.020%	$5.7M	$46.4M	50x
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.910%	$24.0M	$75.2M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0328%	1h	1.5069	+0.086%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0328%	1h	1.5089	+0.217%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0340%	8h	1.5078	+0.146%	$2.1M	$36.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0456%	1h	1.5078	+0.148%	$534K	$783K	10x	as long as short
Aftermath Perps XRPUSD	+0.0812%	1h	1.5117	+0.403%	$2K	$14K	10x	as long as short