Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against Bybit−0.653%70s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$240.243% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 7 days+0.662%+$66 · spread now −0.653%, 7d avg +0.018%
=Together, before fees+0.712%+ Points / potential airdropGRVT: Active · farm board+$71 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.672% cheaper against Bybit than usual: you would sell low and buy high, −$67 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 70 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 | Bybit XRPUSDT | 1.5321 | 0.0100 | pay 0.0100% / 8h | 2h 26m | $343.1M | $835.5M | 100x |
| Short | GRVT XRP_USDT_Perp | 1.5221 | 0.0100 | get 0.0100% / 8h | 2h 26m | $1.1M | $41.7M | 20x |
Bybit XRPUSDT
GRVT XRP_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bybit. 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
- $0
- Price spread: −0.653% → +0.018%
- −$67.17
- Slippage, 4 orders
- −$4.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$91.52
- Costs to cover
- 0.243%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; GRVT: live order book, 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 Bybit live order book, 3 min ago | 0.33 bp | 8.4 bp −$8 | 10.3 bp −$103 | 18.0 bp −$1,797 | 28.9 bp −$14.4K |
| Sell GRVT live order book, 3 min ago | 0.33 bp | 4.8 bp −$5 | 10.8 bp −$108 | 67.9 bp −$6,786 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX XRP/USD [ETH-USDC] | L −0.0210% / S +0.0297% | 1h | 1.5320 | −0.004% | $1.7M | — | 200x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5265 | −0.366% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5316 | −0.033% | $1.1M | $99K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5250 | −0.463% | $68K | $89K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5322 | +0.007% | $256K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0011% | 1h | 1.5324 | +0.020% | $9.2M | $24.0M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0040% | 1h | 1.5290 | −0.202% | $2K | $86K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0046% | 8h | 1.5314 | −0.046% | $178K | $788K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5323 | +0.014% | $3.0M | $11.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5320 | −0.007% | $445K | $3.1M | 20x | as long as short |
GMX XRP/USD [ETH-USDC]
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5305 | −0.101% | $1.1M | $5.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5317 | −0.028% | $38.9M | $71.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5322 | +0.007% | $667K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5321 | +0.002% | $547.8M | $1.84B | 100x | as long as short |
| Bybit XRPUSDTlong | +0.0100% | 8h | 1.5321 | long leg | $343.1M | $835.5M | 100x | |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5320 | −0.007% | $123.6M | $831.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5297 | −0.157% | $569K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5315 | −0.039% | $114K | $647K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5201 | −0.782% | $1.6M | $350K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5320 | −0.007% | $367.4M | $130.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5322 | +0.007% | $288.7M | $805.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5320 | −0.005% | $113.6M | $147.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5319 | −0.013% | $266.5M | $339.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5319 | −0.013% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5205 | −0.758% | $6.2M | $24.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5202 | −0.777% | $661K | $95.5M | 30x | as long as short |
| GRVT XRP_USDT_Perpshort | +0.0100% | 8h | 1.5221 | −0.653% | $1.1M | $41.7M | 20x | |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5204 | −0.764% | $1.0M | $848K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5304 | −0.112% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5315 | −0.039% | $49K | $475K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5320 | −0.007% | $42K | $59K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5318 | −0.019% | $825K | $70K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5324 | +0.022% | $128K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5319 | −0.013% | $28K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5303 | −0.116% | $50.4M | $14.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5317 | −0.026% | $54.8M | $28.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5302 | −0.122% | $477K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5316 | −0.033% | $11K | $235K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5317 | −0.028% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5317 | −0.025% | $71K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0136% | 1h | 1.5319 | −0.013% | $8K | $8K | 10x | as long as short |
| Backpack XRP_USDC_PERP | +0.0143% | 1h | 1.5321 | 0.000% | $1.7M | $919K | 25x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0170% | 1h | 1.5318 | −0.023% | $15.3M | $63.3M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5328 | +0.046% | $5.4M | $43.7M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0208% | 8h | 1.5297 | −0.157% | $1.7M | $31.5M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0211% | 1h | 1.5311 | −0.065% | $1.4M | $10K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5299 | −0.144% | $23.9M | $66.7M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0248% | 1h | 1.5249 | −0.470% | $19K | $55K | 7x | as long as short |
| RISEx XRP/USDC | +0.0431% | 1h | 1.5320 | −0.009% | $406K | $496K | 10x | as long as short |
| Hyperliquid XRP | +0.0464% | 1h | 1.5331 | +0.065% | $281.9M | $181.8M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0530% | 1h | 1.5253 | −0.441% | $1K | $11K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
ApeX Omni XRPUSDT
Vest XRP-PERP
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
Aevo XRP-PERP
01 Exchange XRPUSD
Backpack XRP_USDC_PERP
Kraken Futures PF_XRPUSD
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
Hibachi XRP/USDT-P
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD