Funding you earn now, next payment 10:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.029%
Price spread now: Coinbase International against Variational Omni+0.179%7-day average +0.041% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.179%, 7d avg +0.041%
=Together, before fees+0.094%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Coinbase International is 0.139% dearer against Variational Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XRP | 1.5273 | 0.0100 | pay 0.0100% / 8h | 5h 08m | $4.9M | $38.0M | — |
| Short | Coinbase International XRP-PERP-INTX | 1.5300 | 0.0112 | get 0.0014% / 1h | 8m 06s | $5.5M | $42.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. 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
- $2.52
- Price spread: +0.179% → +0.041%
- $13.87
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $6.39
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Coinbase International: live order book, 4 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 4 min ago | 2.03 bp | doesn't fit | 2.0 bp −$20 | 9.9 bp −$994 | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 0.33 bp | 6.8 bp −$7 | 10.0 bp −$100 | 24.9 bp −$2,494 | doesn't fit |
XRP on 50 exchanges
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 | 1.5395 | +0.801% | $5K | $4K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0062% | 1h | 1.5302 | +0.195% | $13.8M | $69.3M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5299 | +0.172% | $1.1M | $154K | 10x | as long as short |
| 01 Exchange XRPUSD | 0.0000% | 1h | 1.5294 | +0.140% | $9K | $987 | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5290 | +0.114% | $68K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5302 | +0.192% | $7.6M | $20.3M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5296 | +0.154% | $242K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.882% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0088% | 1h | 1.5283 | +0.068% | $17K | $70K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5301 | +0.186% | $2.7M | $14.2M | 20x | as long as short |
Show all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5305 | +0.212% | $598K | $3.2M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5303 | +0.198% | $477K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5285 | +0.081% | $10K | $410K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5296 | +0.156% | $839K | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5311 | +0.251% | $296.7M | $263.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5300 | +0.179% | $38.9M | $79.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5301 | +0.188% | $588K | $987K | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5302 | +0.192% | $532.1M | $2.04B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5300 | +0.179% | $360.7M | $860.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5303 | +0.199% | $124.3M | $822.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5267 | −0.037% | $561K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5298 | +0.166% | $163K | $694K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5282 | +0.062% | $1.6M | $66K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5298 | +0.166% | $376.9M | $161.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5299 | +0.173% | $311.7M | $907.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5299 | +0.172% | $104.8M | $180.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5302 | +0.192% | $271.0M | $350.2M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5297 | +0.160% | — | $98.0M | — | as long as short |
| Variational Omni XRPlong | +0.0100% | 8h | 1.5273 | long leg | $4.9M | $38.0M | — | |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5282 | +0.060% | $664K | $106.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5278 | +0.034% | $1.1M | $32.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5282 | +0.062% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5296 | +0.156% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5295 | +0.147% | $52K | $470K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5296 | +0.156% | $41K | $64K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5299 | +0.173% | $83K | $601K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5303 | +0.198% | $128K | $1.5M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5299 | +0.173% | $32K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5290 | +0.115% | $49.8M | $13.2M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5298 | +0.166% | $54.6M | $33.1M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5298 | +0.164% | $2.2M | $6.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5295 | +0.146% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTXshort | +0.0112% | 1h | 1.5300 | +0.179% | $5.5M | $42.6M | 50x | |
| Kalshi KXXRPPERP | +0.0117% | 8h | 1.5303 | +0.199% | $1.9M | $35.4M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0150% | 1h | 1.5308 | +0.232% | $2.0M | $1.2M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5289 | +0.107% | $23.7M | $77.4M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0224% | 1h | 1.5295 | +0.144% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5303 | +0.198% | $505K | $723K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0241% / S −0.0459% | 1h | 1.5279 | +0.042% | $883K | — | 200x | as long as short |
| Aftermath Perps XRPUSD | +0.0364% | 1h | 1.5291 | +0.122% | $3K | $13K | 10x | as long as short |
Variational Omni XRP
Coinbase International XRP-PERP-INTX
Kraken Futures PF_XRPUSD
01 Exchange XRPUSD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
RISEx XRP/USDC
GMX XRP/USD [ETH-USDC]
Aftermath Perps XRPUSD