XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.20 per $10,000 · paid last 24h −0.060%

Price spread now: gTrade (Gains Network) against Coinbase International−0.041%7-day average −0.032% · 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−$284as in the Price arb table

costs, in and out, $10k−$2832.832% of the position

Long on Coinbase International Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.152%−$15 on $10k

Price spread, last 4 days (all we have)+0.599%+$60 · spread now −0.041%, 7d avg −0.032%

Together, before fees+0.447%+$45 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International XRP-PERP-INTX	1.5222	0.0160	pay 0.0020% / 1h	45m 07s	$5.6M	$48.0M	50x
Short	gTrade (Gains Network) XRP/USD	1.5216	L +0.0003% / S −0.0004%	get 0.0000% / 1h	45m 07s	$247K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Coinbase International. 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 Coinbase InternationalbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.041%Rate

Funding earned: −$32.78
Price spread: −0.041% → −0.032%: −$0.94
Slippage, 4 orders: −$263.15
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$316.86
Costs to cover: 2.832%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle venue), 54 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 Coinbase International live order book, 4 min ago	0.33 bp	6.4 bp −$6	9.5 bp −$95	27.9 bp −$2,794	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 54 min ago	130.05 bp	135.1 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
Kraken Futures PF_XRPUSD	−0.0171%	1h	1.5222	+0.002%	$14.8M	$76.0M	50x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5222	0.000%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5226	+0.028%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5230	+0.053%	$68K	$110K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5223	+0.007%	$7.7M	$23.9M	50x	as long as short
gTrade (Gains Network) XRP/USDshort	L +0.0003% / S −0.0004%	1h	1.5216	−0.041%	$247K	—	150x
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.220%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0080%	1h	1.5224	+0.015%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5220	−0.012%	$2.8M	$14.5M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5224	+0.013%	$628K	$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
Katana Perps XRP-USD	+0.0100%	8h	1.5219	−0.020%	$20K	$382K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5223	+0.010%	$998K	$6.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5220	−0.011%	$38.6M	$85.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5222	+0.003%	$613K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5221	−0.007%	$530.9M	$2.20B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5218	−0.026%	$352.6M	$944.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5219	−0.020%	$126.9M	$858.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5228	+0.039%	$566K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5230	+0.053%	$143K	$713K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5227	+0.036%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5219	−0.020%	$379.4M	$151.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5220	−0.013%	$313.1M	$913.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5219	−0.020%	$106.6M	$183.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5218	−0.026%	$269.8M	$383.8M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5218	−0.026%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5218	−0.026%	$4.8M	$38.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5221	−0.009%	$661K	$113.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5230	+0.053%	$1.1M	$33.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5234	+0.079%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5225	+0.021%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5223	+0.007%	$52K	$513K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5217	−0.033%	$41K	$68K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5221	−0.007%	$78K	$667K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5225	+0.020%	$819K	$76K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5223	+0.008%	$128K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5219	−0.020%	$28K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5217	−0.035%	$49.7M	$15.2M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5218	−0.026%	$54.4M	$32.6M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5225	+0.021%	$475K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5214	−0.049%	$2.1M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5218	−0.029%	$58K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0115% / S −0.0079%	1h	1.5215	−0.043%	$789K	—	200x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5229	+0.046%	$9K	$2K	10x	as long as short
Coinbase International XRP-PERP-INTXlong	+0.0160%	1h	1.5222	long leg	$5.6M	$48.0M	50x
Kalshi KXXRPPERP	+0.0175%	8h	1.5227	+0.033%	$1.7M	$33.4M	2.9x	as long as short
Hyperliquid XRP	+0.0185%	1h	1.5234	+0.079%	$291.0M	$267.8M	20x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5219	−0.020%	$23.6M	$77.8M	125x	as long as short
Reya XRPRUSDPERP	+0.0221%	1h	1.5213	−0.057%	$1.3M	$4K	15x	as long as short
Backpack XRP_USDC_PERP	+0.0259%	1h	1.5230	+0.053%	$2.0M	$1.4M	25x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5226	+0.029%	$522K	$796K	10x	as long as short
Aftermath Perps XRPUSD	+0.0539%	1h	1.5225	+0.020%	$3K	$16K	10x	as long as short