XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 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 Bulk+0.108%7-day average −0.027% · 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−$264as in the Price arb table

costs, in and out, $10k−$2782.777% of the position

Long on Bulk Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.089%−$9 on $10k

Price spread, last 3 days (all we have)−0.001%$0 · spread now +0.108%, 7d avg −0.027%

Together, before fees−0.090%−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. gTrade (Gains Network) is 0.135% dearer against Bulk than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of −0.027%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk XRP-USD	1.5438	0.0100	pay 0.0013% / 1h	21m 15s	$1.7M	$399K	20x
Short	gTrade (Gains Network) XRP/USD	1.5454	L +0.0003% / S −0.0004%	get 0.0001% / 1h	21m 15s	$259K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bulk. 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 BulkbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.108%Rate

Funding earned: −$20.14
Price spread: +0.108% → −0.027%: $13.49
Slippage, 4 orders: −$260.71
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$284.35
Costs to cover: 2.777%
Break-even: never at this rate

Slippage from Bulk: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 3 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 Bulk live order book, 3 min ago	0.33 bp	3.8 bp −$4	5.4 bp −$54	16.3 bp −$1,625	34.5 bp −$17.2K
Sell gTrade (Gains Network) virtual book (oracle venue), 3 min ago	130.03 bp	135.0 bp −$135	193.2 bp −$1,932	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	1.5397	−0.263%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5431	−0.045%	$1.1M	$101K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5320	−0.762%	$68K	$89K	15x	as long as short
gTrade (Gains Network) XRP/USDshort	L +0.0003% / S −0.0004%	1h	1.5454	+0.108%	$259K	—	150x
Injective XRP/USDC PERP	+0.0040%	1h	1.5290	−0.956%	$2K	$86K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0046%	8h	1.5462	+0.158%	$59K	$916K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0073% / S +0.0183%	1h	1.5454	+0.104%	$908K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0073%	1h	1.5464	+0.171%	$9.4M	$24.6M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5429	−0.057%	$3.0M	$11.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5431	−0.043%	$447K	$3.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5433	−0.027%	$1.1M	$5.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5443	+0.032%	$39.2M	$72.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5428	−0.062%	$671K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5458	+0.135%	$552.7M	$1.85B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5464	+0.171%	$346.7M	$842.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5464	+0.171%	$125.1M	$843.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5398	−0.257%	$573K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5439	+0.009%	$116K	$651K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5457	+0.125%	$369.8M	$131.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5453	+0.099%	$290.0M	$810.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5437	−0.002%	$113.2M	$147.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5457	+0.125%	$268.5M	$342.8M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5459	+0.138%	—	$113.8M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5321	−0.756%	$6.3M	$24.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5357	−0.522%	$667K	$95.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5402	−0.231%	$1.1M	$42.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5381	−0.367%	$1.0M	$864K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5431	−0.042%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5457	+0.125%	$50K	$477K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5456	+0.119%	$42K	$59K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5464	+0.169%	$833K	$70K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5466	+0.186%	$129K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5456	+0.119%	$33K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5405	−0.212%	$50.7M	$14.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5452	+0.093%	$55.2M	$28.3M	50x	as long as short
Bulk XRP-USDlong	+0.0100%	1h	1.5438	long leg	$1.7M	$399K	20x
Paradex XRP-USD-PERP	+0.0100%	8h	1.5427	−0.072%	$481K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5435	−0.017%	$12K	$235K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5457	+0.125%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5468	+0.196%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0144%	1h	1.5445	+0.048%	$8K	$8K	10x	as long as short
Backpack XRP_USDC_PERP	+0.0167%	1h	1.5427	−0.069%	$1.7M	$929K	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0168%	1h	1.5454	+0.106%	$15.7M	$64.2M	50x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5463	+0.164%	$5.5M	$44.6M	50x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5445	+0.047%	$1.4M	$10K	15x	as long as short
Kalshi KXXRPPERP	+0.0217%	8h	1.5416	−0.140%	$1.7M	$31.7M	2.9x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5373	−0.419%	$23.9M	$67.5M	125x	as long as short
Hibachi XRP/USDT-P	+0.0248%	1h	1.5361	−0.494%	$19K	$55K	7x	as long as short
RISEx XRP/USDC	+0.0431%	1h	1.5443	+0.036%	$406K	$497K	10x	as long as short
Hyperliquid XRP	+0.0495%	1h	1.5472	+0.223%	$285.9M	$185.8M	20x	as long as short
Aftermath Perps XRPUSD	+0.0525%	1h	1.5339	−0.640%	$1K	$11K	10x	as long as short