XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0217%/8h= +23.7% APRpaid last 24h +0.065%

Price spread now: BloFin against gTrade (Gains Network)+0.046%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$279as in the Price arb table

costs, in and out, $10k−$2832.827% of the position

Long on gTrade (Gains Network)Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.178%+$18 on $10k

Price spread, last 3 days (all we have)−0.256%−$26 · spread now +0.046%, 7d avg +0.012%

Together, before fees−0.077%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.034% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5517	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	13m 16s	$260K	—	150x
Short	BloFin XRP-USDT	1.5524	0.0220	get 0.0220% / 8h	1h 13m	$24.4M	$73.5M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.046%Rate

Funding earned: $45.51
Price spread: +0.046% → +0.012%: $3.37
Slippage, 4 orders: −$260.66
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$233.79
Costs to cover: 2.827%
Break-even: 43.0 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 6 min ago; BloFin: 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), 6 min ago	130.01 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
Sell BloFin live order book, 6 min ago	0.32 bp	6.3 bp −$6	7.0 bp −$70	11.6 bp −$1,161	21.0 bp −$10.5K

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	1.5538	+0.136%	$7K	$2K	20x	as long as short
GMX XRP/USD [ETH-USDC]	L −0.0002% / S +0.0116%	1h	1.5516	−0.007%	$849K	—	200x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5532	+0.098%	$1.1M	$113K	10x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5517	long leg	$260K	—	150x
Deribit XRP_USDC-PERPETUAL	+0.0008%	1h	1.5524	+0.046%	$9.5M	$25.2M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.278%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5521	+0.026%	$15.5M	$68.6M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0054%	8h	1.5520	+0.020%	$78K	$910K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5524	+0.044%	$3.0M	$12.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5540	+0.149%	$440K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5530	+0.088%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5519	+0.011%	$39.4M	$78.7M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5533	+0.105%	$639K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5519	+0.014%	$558.4M	$1.98B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5519	+0.014%	$345.4M	$901.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5518	+0.007%	$127.3M	$880.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5556	+0.252%	$579K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5526	+0.059%	$119K	$745K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5567	+0.321%	$1.7M	$578K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5516	−0.006%	$373.0M	$140.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5518	+0.007%	$296.4M	$862.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5519	+0.017%	$113.7M	$160.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5519	+0.014%	$271.2M	$364.6M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5517	+0.001%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5575	+0.372%	$11.8M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5570	+0.344%	$676K	$102.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5572	+0.353%	$1.1M	$41.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5581	+0.413%	$1.0M	$884K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5524	+0.047%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5521	+0.026%	$47K	$446K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5519	+0.014%	$42K	$65K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5519	+0.014%	$835K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5528	+0.072%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5522	+0.033%	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5520	+0.023%	$51.0M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5522	+0.033%	$55.2M	$29.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5541	+0.156%	$485K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5526	+0.059%	$11K	$261K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5518	+0.006%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5519	+0.017%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5530	+0.084%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5515	−0.015%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5529	+0.078%	$5.9M	$47.3M	50x	as long as short
BloFin XRP-USDTshort	+0.0220%	8h	1.5524	+0.046%	$24.4M	$73.5M	125x
Hibachi XRP/USDT-P	+0.0224%	1h	1.5552	+0.229%	$18K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0292%	1h	1.5550	+0.213%	$1.7M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0325%	8h	1.5552	+0.226%	$1.9M	$33.1M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5560	+0.278%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5535	+0.117%	$509K	$630K	10x	as long as short
Hyperliquid XRP	+0.0588%	1h	1.5535	+0.117%	$290.3M	$204.5M	20x	as long as short
Aftermath Perps XRPUSD	+0.0754%	1h	1.5552	+0.225%	$1K	$11K	10x	as long as short