Funding you earn now, next payment 00:00 UTC−0.0216%/8h= −23.6% APRpaid last 24h −0.065%
Price spread now: gTrade (Gains Network) against BloFin−0.036%7-day average −0.012% · 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−$290as in the Price arb table
costs, in and out, $10k−$2872.872% of the position
Funding, last 3 days (all we have)−0.179%−$18 on $10k
+Price spread, last 3 days (all we have)+0.173%+$17 · spread now −0.036%, 7d avg −0.012%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and gTrade (Gains Network) is 0.024% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XRP-USDT | 1.5367 | 0.0220 | pay 0.0220% / 8h | 23m 02s | $24.3M | $74.7M | 125x |
| Short | gTrade (Gains Network) XRP/USD | 1.5361 | L +0.0003% / S −0.0004% | get 0.0001% / 1h | 23m 02s | $266K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against BloFin. 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
- −$45.28
- Price spread: −0.036% → −0.012%
- −$2.41
- Slippage, 4 orders
- −$265.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$334.9
- Costs to cover
- 2.872%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; gTrade (Gains Network): virtual book (oracle venue), 56 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 BloFin live order book, 6 min ago | 2.60 bp | 8.6 bp −$9 | 8.6 bp −$86 | 11.9 bp −$1,190 | 23.1 bp −$11.5K |
| Sell gTrade (Gains Network) virtual book (oracle venue), 56 min ago | 130.01 bp | 135.0 bp −$135 | 193.2 bp −$1,932 | 1958.2 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 | 1.5361 | −0.039% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5364 | −0.018% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5380 | +0.085% | $68K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USDshort | L +0.0003% / S −0.0004% | 1h | 1.5361 | −0.036% | $266K | — | 150x | |
| GMX XRP/USD [ETH-USDC] | L +0.0006% / S +0.0097% | 1h | 1.5360 | −0.046% | $830K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0010% | 1h | 1.5367 | 0.000% | $9.4M | $25.6M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5365 | −0.016% | $15.0M | $69.6M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0058% | 8h | 1.5367 | 0.000% | $75K | $910K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +1.256% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5367 | −0.001% | $2.9M | $13.0M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5369 | +0.013% | $438K | $3.2M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5356 | −0.073% | $1.1M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5365 | −0.015% | $39.1M | $81.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5363 | −0.026% | $632K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5366 | −0.007% | $547.2M | $2.04B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5365 | −0.013% | $341.7M | $924.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5364 | −0.020% | $125.3M | $880.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5345 | −0.143% | $573K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5364 | −0.020% | $117K | $758K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5410 | +0.280% | $1.7M | $572K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5363 | −0.026% | $361.3M | $147.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5364 | −0.020% | $293.1M | $885.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5363 | −0.023% | $110.2M | $165.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5362 | −0.033% | $267.5M | $374.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5365 | −0.013% | — | $121.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5385 | +0.115% | $11.4M | $30.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5367 | 0.000% | $667K | $104.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5403 | +0.233% | $1.1M | $40.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5357 | −0.065% | $1.0M | $900K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5363 | −0.028% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5365 | −0.013% | $47K | $455K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5364 | −0.018% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5366 | −0.006% | $827K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5369 | +0.012% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5365 | −0.013% | $30K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5366 | −0.004% | $50.4M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5366 | −0.007% | $54.7M | $29.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5362 | −0.033% | $479K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5363 | −0.026% | $12K | $268K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5362 | −0.034% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5364 | −0.021% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5363 | −0.026% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5363 | −0.023% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDTlong | +0.0220% | 8h | 1.5367 | long leg | $24.3M | $74.7M | 125x | |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5372 | +0.033% | $5.8M | $47.2M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0257% | 1h | 1.5372 | +0.033% | $1.7M | $1.0M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0264% | 1h | 1.5364 | −0.017% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0306% | 8h | 1.5370 | +0.020% | $2.0M | $34.4M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0589% | 1h | 1.5381 | +0.091% | $292.6M | $212.5M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5370 | +0.021% | $500K | $637K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0787% | 1h | 1.5398 | +0.199% | $1K | $11K | 10x | as long as short |
BloFin XRP-USDT
gTrade (Gains Network) XRP/USD
Phoenix XRP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH 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
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD