Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: GRVT against Derive+0.336%73s7-day average +0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.242%−$24 · spread now +0.336%, 7d avg +0.004%
=Together, before fees−0.248%+ Points / potential airdropGRVT: Active · farm board−$25 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 0.332% dearer against Derive than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of +0.004%. The two prices were read 73 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 | Derive XRP-PERP | 1.5111 | 0.0100 | pay 0.0013% / 1h | 47m 55s | $813K | $72K | 10x |
| Short | GRVT XRP_USDT_Perp | 1.5162 | 0.0100 | get 0.0100% / 8h | 4h 47m | $1.1M | $35.1M | 20x |
Derive XRP-PERP
GRVT XRP_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Derive. 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: +0.336% → +0.004%
- $33.21
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $18.21
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; GRVT: live order book, 1 min ago. Net counts fees only.
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 Derive no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 1 min ago | 0.33 bp | 5.9 bp −$6 | 18.6 bp −$186 | 55.5 bp −$5,549 | doesn't fit |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1.5106 | −0.035% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5103 | −0.057% | $14.2M | $73.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5103 | −0.055% | $1.1M | $114K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.389% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5106 | −0.035% | $7.7M | $25.6M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5108 | −0.020% | $252K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.970% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0038% / S +0.0032% | 1h | 1.5107 | −0.026% | $786K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0040% | 1h | 1.5116 | +0.031% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0079% | 8h | 1.5111 | −0.002% | $62K | $935K | 50x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Orderly PERP_XRP_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5107 | −0.025% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5109 | −0.015% | $509K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0097% | 8h | 1.5111 | −0.002% | $10K | $318K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5115 | +0.028% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5120 | +0.058% | $280.7M | $224.8M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5108 | −0.019% | $38.2M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5107 | −0.031% | $606K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5105 | −0.044% | $532.1M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5103 | −0.055% | $343.7M | $930.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5112 | +0.005% | $125.5M | $871.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5108 | −0.022% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5113 | +0.012% | $113K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5164 | +0.351% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5104 | −0.048% | $367.5M | $152.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5107 | −0.028% | $296.9M | $895.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5111 | +0.001% | $107.9M | $173.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5105 | −0.041% | $267.0M | $383.2M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5103 | −0.055% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5129 | +0.116% | $5.4M | $37.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5155 | +0.292% | $658K | $108.3M | 30x | as long as short |
| GRVT XRP_USDT_Perpshort | +0.0100% | 8h | 1.5162 | +0.336% | $1.1M | $35.1M | 20x | |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5136 | +0.164% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5113 | +0.009% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5111 | −0.002% | $42K | $452K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5108 | −0.019% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERPlong | +0.0100% | 1h | 1.5111 | long leg | $813K | $72K | 10x | |
| SunX XRP-USDT | +0.0100% | 8h | 1.5116 | +0.035% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5104 | −0.048% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5103 | −0.052% | $49.4M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5109 | −0.015% | $53.9M | $30.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5107 | −0.030% | $471K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5104 | −0.045% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5103 | −0.058% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0146% | 1h | 1.5119 | +0.051% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0152% | 1h | 1.5104 | −0.047% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5109 | −0.015% | $5.6M | $46.9M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5107 | −0.028% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5114 | +0.018% | $24.2M | $75.7M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0321% | 8h | 1.5112 | +0.005% | $2.0M | $34.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5122 | +0.072% | $515K | $779K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0687% | 1h | 1.5138 | +0.176% | $2K | $15K | 10x | as long as short |
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit 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
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD