XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against ApeX Omni−0.176%67s7-day average −0.037% · 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—prices read too far apart to compare

costs, in and out, $10k−$2832.835% of the position

Long on ApeX Omni Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.099%−$10 on $10k

Price spread, last 4 days (all we have)+0.395%+$39 · spread now −0.176%, 7d avg −0.037%

Together, before fees+0.296%+$30 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.139% cheaper against ApeX Omni than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.037%). Swap the legs. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XRPUSDT	1.5227	0.0100	pay 0.0013% / 1h	2m 26s	$1.2M	$1.2M	50x
Short	gTrade (Gains Network) XRP/USD	1.5200	L +0.0003% / S −0.0004%	get 0.0000% / 1h	2m 26s	$246K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against ApeX Omni. 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 ApeX OmnibpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.176%Rate

Funding earned: −$20.18
Price spread: −0.176% → −0.037%: −$13.88
Slippage, 4 orders: −$263.48
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$317.54
Costs to cover: 2.835%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 42 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 ApeX Omni live order book, 2 min ago	1.31 bp	7.0 bp −$7	11.4 bp −$114	doesn't fit	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 42 min ago	130.02 bp	135.0 bp −$135	193.1 bp −$1,931	1958.1 bp −$195.8K	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	1.5227	0.000%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5224	−0.019%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5230	+0.020%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USDshort	L +0.0003% / S −0.0004%	1h	1.5200	−0.176%	$246K	—	150x
Kraken Futures PF_XRPUSD	+0.0024%	1h	1.5233	+0.042%	$14.5M	$74.3M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.187%	$2K	$107K	30x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0078%	1h	1.5237	+0.066%	$7.9M	$24.4M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0093% / S −0.0049%	1h	1.5203	−0.159%	$785K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5220	−0.048%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5221	−0.039%	$546K	$3.2M	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	+0.0099%	8h	1.5215	−0.079%	$11K	$370K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5217	−0.062%	$1.0M	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5219	−0.050%	$38.6M	$87.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5222	−0.033%	$616K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5218	−0.057%	$534.0M	$2.21B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5208	−0.125%	$348.7M	$960.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5209	−0.118%	$129.2M	$883.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5220	−0.046%	$567K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5227	0.000%	$145K	$714K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5223	−0.024%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5217	−0.066%	$377.9M	$162.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5209	−0.118%	$312.4M	$933.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5220	−0.047%	$108.2M	$183.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5205	−0.144%	$268.9M	$395.7M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5218	−0.059%	—	$107.6M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5235	+0.051%	$4.8M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5225	−0.011%	$662K	$114.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5225	−0.011%	$1.1M	$35.3M	20x	as long as short
ApeX Omni XRPUSDTlong	+0.0100%	1h	1.5227	long leg	$1.2M	$1.2M	50x
Vest XRP-PERP	+0.0100%	1h	1.5218	−0.056%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5211	−0.105%	$50K	$510K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5207	−0.130%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5233	+0.039%	$75K	$686K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5224	−0.019%	$819K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5233	+0.043%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5234	+0.046%	$29K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5224	−0.019%	$49.7M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5237	+0.066%	$54.6M	$32.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5224	−0.020%	$475K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5214	−0.088%	$2.1M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5232	+0.035%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0120%	1h	1.5224	−0.020%	$9K	$2K	10x	as long as short
Hibachi XRP/USDT-P	+0.0120%	1h	1.5221	−0.041%	$17K	$79K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0172%	1h	1.5239	+0.079%	$2.0M	$1.4M	25x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5238	+0.072%	$5.7M	$48.3M	50x	as long as short
Kalshi KXXRPPERP	+0.0217%	8h	1.5232	+0.033%	$1.8M	$34.8M	2.9x	as long as short
Hyperliquid XRP	+0.0218%	1h	1.5224	−0.020%	$290.2M	$266.6M	20x	as long as short
Reya XRPRUSDPERP	+0.0219%	1h	1.5204	−0.150%	$1.3M	$4K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5227	0.000%	$23.7M	$78.0M	125x	as long as short
RISEx XRP/USDC	+0.0316%	1h	1.5224	−0.018%	$529K	$806K	10x	as long as short
Aftermath Perps XRPUSD	+0.0711%	1h	1.5223	−0.026%	$2K	$16K	10x	as long as short