XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0003%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: dYdX against gTrade (Gains Network)+0.074%7-day average +0.002% · 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−$311as in the Price arb table

costs, in and out, $10k−$3183.181% of the position

Long on gTrade (Gains Network)Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.003%$0 on $10k

Price spread, last 3 days (all we have)−0.140%−$14 · spread now +0.074%, 7d avg +0.002%

Together, before fees−0.143%−$14 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: dYdX is 0.072% dearer against gTrade (Gains Network) than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5314	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	29m 59s	$256K	—	150x
Short	dYdX XRP-USD	1.5326	0	get 0.0000% / 1h	29m 59s	$1.1M	$112K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.074%Rate

Funding earned: −$0.7
Price spread: +0.074% → +0.002%: $7.21
Slippage, 4 orders: −$298.06
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$311.55
Costs to cover: 3.181%
Break-even: never at this rate

Slippage from gTrade (Gains Network): virtual book (oracle venue), 44 min ago; dYdX: 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), 44 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 dYdX live order book, 4 min ago	17.63 bp	22.6 bp −$23	22.6 bp −$226	56.8 bp −$5,679	204.6 bp −$102.3K

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	1.5330	+0.103%	$7K	$2K	20x	as long as short
dYdX XRP-USDshort	0.0000%	1h	1.5326	+0.074%	$1.1M	$112K	10x
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5314	long leg	$256K	—	150x
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5320	+0.038%	$9.3M	$25.1M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0014% / S +0.0080%	1h	1.5314	−0.004%	$840K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.605%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0062%	8h	1.5320	+0.038%	$58K	$935K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5325	+0.072%	$2.8M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5328	+0.090%	$514K	$3.2M	20x	as long as short
01 Exchange XRPUSD	+0.0096%	1h	1.5329	+0.097%	$8K	$8K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5323	+0.057%	$10K	$277K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5330	+0.101%	$478K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5328	+0.087%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5320	+0.039%	$38.7M	$83.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5331	+0.110%	$620K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5339	+0.162%	$541.0M	$2.05B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5336	+0.142%	$341.9M	$920.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5336	+0.142%	$125.0M	$869.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5345	+0.201%	$570K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5332	+0.116%	$118K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5296	−0.120%	$1.6M	$517K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5334	+0.129%	$374.4M	$149.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5331	+0.110%	$309.6M	$903.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5332	+0.114%	$108.8M	$165.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5336	+0.142%	$268.5M	$374.8M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5329	+0.097%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5328	+0.091%	$6.3M	$35.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5313	−0.005%	$665K	$107.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5322	+0.053%	$1.1M	$38.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5321	+0.044%	$1.0M	$892K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5327	+0.084%	$49K	$441K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5318	+0.023%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5321	+0.042%	$825K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5323	+0.059%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5319	+0.031%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5318	+0.023%	$50.3M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5320	+0.038%	$54.5M	$29.5M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5325	+0.071%	—	$9K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5332	+0.118%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5316	+0.015%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5319	+0.028%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5336	+0.142%	$24.0M	$73.7M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5326	+0.077%	$5.8M	$46.2M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0244%	1h	1.5318	+0.022%	$14.5M	$70.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0289%	1h	1.5345	+0.201%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0310%	8h	1.5331	+0.110%	$2.0M	$34.9M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0320%	1h	1.5335	+0.135%	$17K	$81K	7x	as long as short
Hyperliquid XRP	+0.0403%	1h	1.5349	+0.227%	$289.9M	$214.6M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5330	+0.103%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0808%	1h	1.5332	+0.114%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5333	+0.126%	$507K	$754K	10x	as long as short