XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Bulk against gTrade (Gains Network)−0.183%7-day average +0.021% · 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−$298as in the Price arb table

costs, in and out, $10k−$2782.778% of the position

Long on gTrade (Gains Network)Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.090%+$9 on $10k

Price spread, last 3 days (all we have)+0.080%+$8 · spread now −0.183%, 7d avg +0.021%

Together, before fees+0.169%+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bulk is 0.204% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.183% now, against its 7-day average of +0.021%). If the spread goes back, that is −$20 on $10k: about 7.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5505	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	29m 29s	$259K	—	150x
Short	Bulk XRP-USD	1.5477	0.0100	get 0.0013% / 1h	29m 29s	$1.7M	$578K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk 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 BulkbpOrdersPrice spread, now −0.183%Rate

Funding earned: $20.31
Price spread: −0.183% → +0.021%: −$20.39
Slippage, 4 orders: −$260.83
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$277.91
Costs to cover: 2.778%
Break-even: 102.8 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 55 min ago; Bulk: live order book, 5 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), 55 min ago	130.03 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
Sell Bulk live order book, 5 min ago	0.32 bp	4.0 bp −$4	6.5 bp −$65	17.2 bp −$1,720	30.6 bp −$15.3K

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	1.5461	−0.284%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5494	−0.073%	$1.1M	$104K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5466	−0.252%	$9.5M	$25.3M	50x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5505	long leg	$259K	—	150x
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−1.387%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0042%	1h	1.5467	−0.247%	$15.4M	$68.5M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0053%	8h	1.5465	−0.258%	$77K	$942K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0082% / S +0.0125%	1h	1.5468	−0.238%	$911K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5497	−0.052%	$3.0M	$12.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5501	−0.026%	$439K	$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	1.5502	−0.017%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5504	−0.006%	$39.2M	$78.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5504	−0.007%	$638K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5501	−0.025%	$557.7M	$1.96B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5498	−0.045%	$346.6M	$890.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5500	−0.032%	$126.9M	$875.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5515	+0.064%	$577K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5506	+0.006%	$118K	$739K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5503	−0.013%	$373.5M	$139.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5506	+0.006%	$289.4M	$846.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5501	−0.028%	$113.2M	$158.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5503	−0.013%	$270.2M	$361.9M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5497	−0.052%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5485	−0.132%	$11.7M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5531	+0.169%	$674K	$101.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5464	−0.267%	$1.1M	$41.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5529	+0.155%	$1.0M	$882K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5494	−0.071%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5512	+0.045%	$45K	$445K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5506	+0.008%	$42K	$65K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5470	−0.223%	$833K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5472	−0.212%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5466	−0.252%	$29K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5453	−0.339%	$50.8M	$15.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5468	−0.239%	$55.1M	$29.1M	50x	as long as short
Bulk XRP-USDshort	+0.0100%	1h	1.5477	−0.183%	$1.7M	$578K	20x
Paradex XRP-USD-PERP	+0.0100%	8h	1.5492	−0.083%	$483K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5505	0.000%	$11K	$255K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5503	−0.016%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5467	−0.248%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5510	+0.032%	$8K	$8K	10x	as long as short
Hibachi XRP/USDT-P	+0.0176%	1h	1.5475	−0.191%	$18K	$81K	7x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5502	−0.021%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5472	−0.213%	$5.8M	$46.7M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5470	−0.226%	$24.6M	$73.1M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0245%	1h	1.5474	−0.200%	$1.8M	$995K	25x	as long as short
Kalshi KXXRPPERP	+0.0313%	8h	1.5473	−0.206%	$1.9M	$32.7M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5480	−0.161%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5515	+0.062%	$508K	$629K	10x	as long as short
Hyperliquid XRP	+0.0598%	1h	1.5518	+0.084%	$290.4M	$202.4M	20x	as long as short
Aftermath Perps XRPUSD	+0.0731%	1h	1.5535	+0.191%	$1K	$11K	10x	as long as short