Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: GRVT against Extended+0.024%72s7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as 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−$160.159% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now +0.024%, 7d avg +0.050%
=Together, before fees−0.039%+ Points / potential airdropExtended: Active · GRVT: Active · farm board−$4 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 0.026% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.050%. The two prices were read 72 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 | Extended XRP-USD | 1.5152 | 0.0104 | pay 0.0013% / 1h | 58m 20s | $2.0M | $6.8M | 50x |
| Short | GRVT XRP_USDT_Perp | 1.5156 | 0.0100 | get 0.0100% / 8h | 1h 58m | $1.1M | $36.4M | 20x |
Extended XRP-USD
GRVT XRP_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Extended. 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
- −$0.84
- Price spread: +0.024% → +0.050%
- −$2.62
- Slippage, 4 orders
- −$1.89
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$19.35
- Costs to cover
- 0.159%
- Break-even
- never at this rate
Slippage from Extended: live order book, 6 min ago; GRVT: live order book, 6 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 Extended live order book, 6 min ago | 0.33 bp | 2.8 bp −$3 | 5.3 bp −$53 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 6 min ago | 0.33 bp | 5.2 bp −$5 | 9.8 bp −$98 | 53.7 bp −$5,370 | 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 | 1.5158 | +0.039% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5163 | +0.069% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5160 | +0.052% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5158 | +0.041% | $245K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5153 | +0.009% | $14.5M | $75.0M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.692% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0076% / S −0.0022% | 1h | 1.5159 | +0.046% | $800K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5160 | +0.052% | $7.7M | $25.3M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5172 | +0.132% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5166 | +0.093% | $2.8M | $15.0M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
01 Exchange XRPUSD
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5166 | +0.092% | $549K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5162 | +0.066% | $11K | $363K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5160 | +0.056% | $998K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5160 | +0.052% | $38.5M | $87.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5169 | +0.112% | $603K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5158 | +0.040% | $527.3M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5157 | +0.033% | $344.6M | $966.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5157 | +0.033% | $126.8M | $891.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5132 | −0.132% | $564K | $35K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5175 | +0.151% | $143K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5166 | +0.092% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5166 | +0.092% | $375.2M | $157.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5163 | +0.072% | $298.2M | $914.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5164 | +0.081% | $107.3M | $182.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5155 | +0.019% | $266.6M | $399.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5160 | +0.052% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5155 | +0.017% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5159 | +0.047% | $658K | $114.3M | 30x | as long as short |
| GRVT XRP_USDT_Perpshort | +0.0100% | 8h | 1.5156 | +0.024% | $1.1M | $36.4M | 20x | |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5165 | +0.085% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5163 | +0.075% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5173 | +0.138% | $47K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5162 | +0.064% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5157 | +0.033% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5159 | +0.043% | $816K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5162 | +0.066% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5157 | +0.033% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5155 | +0.017% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5161 | +0.059% | $54.1M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5172 | +0.132% | $473K | $55K | 50x | as long as short |
| Extended XRP-USDlong | +0.0104% | 1h | 1.5152 | long leg | $2.0M | $6.8M | 50x | |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5157 | +0.035% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0109% | 1h | 1.5153 | +0.006% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0176% | 1h | 1.5137 | −0.101% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5161 | +0.059% | $5.7M | $48.4M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0211% | 8h | 1.5140 | −0.080% | $1.7M | $35.5M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5162 | +0.066% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5138 | −0.093% | $23.3M | $77.5M | 125x | as long as short |
| Hyperliquid XRP | +0.0249% | 1h | 1.5180 | +0.182% | $289.6M | $264.4M | 20x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5175 | +0.152% | $518K | $792K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0575% | 1h | 1.5161 | +0.057% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
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
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD