XRP funding rates
XRP perpetual funding is currently quoted across 25 venues, ranging from -8.8% to +16.1% APR. The most reliable delta-neutral pairing for XRP right now is long Phoenix / short Hyperliquid at +1.2% net APR (medium risk, ~1d to break even).
as of 2026-09-12 14:38 UTC
Best delta-neutral pairing
Long Phoenix / Short Hyperliquid
+1.2% net APR
- Backtested (30d)
- +6.8%
- Stability
- 93.3%
- Risk
- medium
- Breakeven
- ~1d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeXRP funding by exchange
| Exchange | Funding APR |
|---|---|
| RiseX | +16.05% |
| Kraken | +11.77% |
| Extended | +11.39% |
| Hyperliquid | +10.95% |
| Ondo | +10.95% |
| Pacifica | +10.95% |
| Polymarket | +10.95% |
| Grvt | +10.95% |
| Arcus | +10.95% |
| Bulk | +10.95% |
| Nado | +10.95% |
| Katana | +10.93% |
| Lighter RH | +10.51% |
| Aster | +10.23% |
| Decibel | +9.64% |
| n1xyz | +9.64% |
| Variational | +8.54% |
| Lighter | +7.01% |
| Paradex | +6.31% |
| Hibachi | +4.16% |
| SoDEX | +2.59% |
| dYdX | +0.00% |
| Phoenix | +0.00% |
| TxFlow | -3.27% |
| HotStuff | -8.76% |
Frequently asked
What is the XRP funding rate right now?
XRP perpetual funding ranges from -8.76% to 16.05% APR across 25 exchanges we track; the widest delta-neutral spread is long Phoenix / short Hyperliquid at 1.2% net APR.
Which exchange has the highest XRP funding rate?
RiseX currently has the highest at 16.05% APR. See the full ranking above.