XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0384%/8h= +42.0% APRnext payment +$0.48 per $10,000 · paid last 24h +0.117%

Price spread now: RISEx against SoDEX+0.067%7-day average +0.056% · 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−$15as in the Price arb table

costs, in and out, $10k−$160.161% of the position

Long on SoDEX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.301%+$30 on $10k

Price spread, last 3 days (all we have)+0.066%+$7 · spread now +0.067%, 7d avg +0.056%

Together, before fees+0.367%+$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$12 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	1.5100	0.0100	pay 0.0013% / 1h	49m 41s	$29K	$1.7M	10x
Short	RISEx XRP/USDC	1.5110	0.0484	get 0.0060% / 1h	49m 41s	$526K	$769K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.067%Rate

Funding earned: $80.58
Price spread: +0.067% → +0.056%: $1.08
Slippage, 4 orders: −$2.12
Fee SoDEX: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $65.54
Costs to cover: 0.161%
Break-even: 1.3 days

Slippage from SoDEX: live order book, 4 min ago; RISEx: live order book, 14 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, 4 min ago	0.33 bp	4.3 bp −$4	6.9 bp −$69	doesn't fit	doesn't fit
Sell RISEx live order book, 14 min ago	0.73 bp	3.7 bp −$4	7.1 bp −$71	doesn't fit	doesn't fit

XRP on 50 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	1.5111	+0.073%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5121	+0.139%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5100	0.000%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0026% / S +0.0049%	1h	1.5097	−0.022%	$798K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.046%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5106	+0.040%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5108	+0.053%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5116	+0.106%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5119	+0.126%	$508K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5099	−0.007%	$10K	$305K	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5111	+0.070%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5132	+0.212%	$280.0M	$220.8M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5124	+0.157%	$38.4M	$83.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5116	+0.107%	$607K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5106	+0.037%	$535.7M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5106	+0.040%	$342.0M	$925.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5104	+0.026%	$125.0M	$862.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5113	+0.086%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5110	+0.066%	$114K	$695K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5087	−0.089%	$1.6M	$161K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5104	+0.026%	$368.9M	$150.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5112	+0.079%	$292.7M	$892.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5121	+0.138%	$106.5M	$170.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5104	+0.026%	$266.1M	$379.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5106	+0.040%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5141	+0.269%	$6.0M	$36.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5102	+0.015%	$657K	$108.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5143	+0.282%	$1.1M	$35.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5108	+0.053%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5113	+0.086%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5101	+0.007%	$41K	$447K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5100	0.000%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5107	+0.044%	$813K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5105	+0.034%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USDlong	+0.0100%	1h	1.5100	long leg	$29K	$1.7M	10x
HTX XRP-USDT	+0.0100%	8h	1.5098	−0.011%	$49.5M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5106	+0.040%	$53.8M	$29.9M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5105	+0.033%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5102	+0.017%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5098	−0.011%	$58K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0147%	1h	1.5104	+0.026%	$7.7M	$25.2M	50x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5096	−0.028%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5105	+0.033%	$5.6M	$46.2M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0232%	1h	1.5114	+0.093%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0274%	1h	1.5096	−0.028%	$14.4M	$72.8M	50x	as long as short
Hibachi XRP/USDT-P	+0.0312%	1h	1.5140	+0.268%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0357%	8h	1.5127	+0.179%	$2.1M	$34.9M	2.9x	as long as short
RISEx XRP/USDCshort	+0.0484%	1h	1.5110	+0.067%	$526K	$769K	10x
Phoenix XRP	+0.0528%	1h	1.5100	0.000%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0717%	1h	1.5119	+0.123%	$2K	$14K	10x	as long as short