XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.029%

Price spread now: Binance against gTrade (Gains Network)−0.003%7-day average +0.006% · 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−$282as in the Price arb table

costs, in and out, $10k−$2812.807% of the position

Long on gTrade (Gains Network)Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.088%+$9 on $10k

Price spread, last 4 days (all we have)−0.081%−$8 · spread now −0.003%, 7d avg +0.006%

Together, before fees+0.008%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5108	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	53m 23s	$258K	—	150x
Short	Binance XRPUSDT	1.5107	0.0100	get 0.0100% / 8h	2h 53m	$531.1M	$2.18B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BinancebpOrdersPrice spread, now −0.003%Rate

Funding earned: $20.3
Price spread: −0.003% → +0.006%: −$0.8
Slippage, 4 orders: −$260.74
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$261.24
Costs to cover: 2.807%
Break-even: 97.1 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 61 min ago; Binance: 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 gTrade (Gains Network) virtual book (oracle venue), 61 min ago	130.04 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
Sell Binance live order book, 6 min ago	0.33 bp	5.3 bp −$5	6.4 bp −$64	12.2 bp −$1,224	29.9 bp −$14.9K

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	1.5107	−0.005%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5111	+0.023%	$14.3M	$75.1M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5102	−0.041%	$1.1M	$115K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5120	+0.081%	$67K	$110K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5114	+0.042%	$7.7M	$25.6M	50x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5108	long leg	$258K	—	150x
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.994%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0064%	1h	1.5111	+0.022%	$8K	$8K	10x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0069% / S −0.0013%	1h	1.5108	+0.004%	$792K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5114	+0.042%	$2.8M	$14.8M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5116	+0.055%	$497K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5106	−0.011%	$10K	$356K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5111	+0.019%	$941K	$6.2M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5117	+0.062%	$290.6M	$257.7M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5106	−0.011%	$38.7M	$86.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5110	+0.015%	$606K	$1.1M	20x	as long as short
Binance XRPUSDTshort	+0.0100%	8h	1.5107	−0.003%	$531.1M	$2.18B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5106	−0.011%	$341.7M	$950.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5108	+0.002%	$125.1M	$887.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5124	+0.108%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5113	+0.035%	$137K	$717K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5106	−0.011%	$372.3M	$155.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5111	+0.022%	$294.1M	$904.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5110	+0.015%	$107.9M	$179.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5107	−0.005%	$268.1M	$392.7M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5103	−0.031%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5139	+0.206%	$4.8M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5113	+0.033%	$656K	$111.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5138	+0.198%	$1.1M	$37.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5147	+0.260%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5109	+0.009%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5112	+0.028%	$50K	$490K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5111	+0.020%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5110	+0.015%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5109	+0.008%	$813K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5115	+0.046%	$126K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5110	+0.015%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5114	+0.042%	$49.4M	$15.8M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5114	+0.042%	$53.9M	$31.7M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5107	−0.002%	$1.6M	$29K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5109	+0.006%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5101	−0.042%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5106	−0.011%	$58K	$25K	3x	as long as short
Kalshi KXXRPPERP	+0.0167%	8h	1.5123	+0.101%	$1.8M	$35.5M	2.9x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5116	+0.055%	$5.7M	$48.2M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0195%	1h	1.5120	+0.081%	$2.0M	$1.4M	25x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5109	+0.010%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5121	+0.088%	$24.2M	$75.8M	125x	as long as short
Hibachi XRP/USDT-P	+0.0256%	1h	1.5109	+0.011%	$17K	$82K	7x	as long as short
RISEx XRP/USDC	+0.0305%	1h	1.5111	+0.025%	$515K	$777K	10x	as long as short
Aftermath Perps XRPUSD	+0.0644%	1h	1.5120	+0.079%	$2K	$15K	10x	as long as short