XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0181%/8h= +19.8% APRnext payment +$0.23 per $10,000 · paid last 24h +0.059%

Price spread now: Coinbase International against gTrade (Gains Network)−0.010%52s7-day average +0.032% · 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—prices read too far apart to compare

costs, in and out, $10k−$2852.845% of the position

Long on gTrade (Gains Network)Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.145%+$15 on $10k

Price spread, last 4 days (all we have)−0.067%−$7 · spread now −0.010%, 7d avg +0.032%

Together, before fees+0.078%+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.042% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.032%). If the spread goes back, that is −$4 on $10k: about 18 hours of funding at the current rate (+$5 a day). The two prices were read 52 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	gTrade (Gains Network) XRP/USD	1.5077	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	35m 24s	$258K	—	150x
Short	Coinbase International XRP-PERP-INTX	1.5076	0.0184	get 0.0023% / 1h	35m 24s	$5.6M	$48.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.010%Rate

Funding earned: $37.94
Price spread: −0.010% → +0.032%: −$4.16
Slippage, 4 orders: −$264.51
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$250.73
Costs to cover: 2.845%
Break-even: 53.3 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 14 min ago; Coinbase International: live order book, 4 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), 14 min ago	130.02 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
Sell Coinbase International live order book, 4 min ago	0.33 bp	5.8 bp −$6	10.3 bp −$103	29.8 bp −$2,983	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	1.5077	−0.003%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5070	−0.053%	$14.2M	$75.2M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5078	+0.005%	$1.1M	$115K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5070	−0.050%	$67K	$110K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5069	−0.056%	$7.6M	$25.7M	50x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5077	long leg	$258K	—	150x
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.200%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0069% / S −0.0013%	1h	1.5077	−0.002%	$789K	—	200x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5081	+0.023%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5080	+0.015%	$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	1.5080	+0.017%	$496K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5066	−0.076%	$11K	$359K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5077	−0.001%	$917K	$6.3M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5091	+0.090%	$289.4M	$258.6M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5078	+0.002%	$38.5M	$86.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5081	+0.025%	$605K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5078	+0.003%	$528.6M	$2.19B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5081	+0.023%	$342.7M	$957.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5080	+0.017%	$124.6M	$892.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5036	−0.275%	$560K	$31K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5082	+0.030%	$136K	$716K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5057	−0.137%	$1.6M	$30K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5079	+0.010%	$371.3M	$157.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5080	+0.017%	$288.8M	$911.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5079	+0.013%	$106.7M	$180.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5078	+0.003%	$266.3M	$396.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5081	+0.023%	—	$105.6M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5067	−0.069%	$4.7M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5056	−0.142%	$654K	$111.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5067	−0.070%	$1.1M	$37.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5062	−0.103%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5078	+0.007%	—	$13K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5082	+0.030%	$51K	$493K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5077	−0.007%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5066	−0.076%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5064	−0.090%	$811K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5070	−0.047%	$126K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5066	−0.076%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5065	−0.084%	$49.2M	$15.8M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5076	−0.010%	$53.7M	$31.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5085	+0.050%	$470K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5075	−0.019%	$1.9M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5063	−0.096%	$58K	$25K	3x	as long as short
Kalshi KXXRPPERP	+0.0123%	8h	1.5078	+0.003%	$1.7M	$35.7M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0172%	1h	1.5085	+0.050%	$2.0M	$1.4M	25x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0184%	1h	1.5076	−0.010%	$5.6M	$48.4M	50x
Hibachi XRP/USDT-P	+0.0216%	1h	1.5065	−0.083%	$17K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5078	+0.004%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5064	−0.090%	$23.5M	$76.1M	125x	as long as short
RISEx XRP/USDC	+0.0305%	1h	1.5082	+0.028%	$514K	$777K	10x	as long as short
Aftermath Perps XRPUSD	+0.0599%	1h	1.5069	−0.059%	$2K	$15K	10x	as long as short