XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0096%/8h= +10.6% APRpaid last 24h +0.029%

Price spread now: Katana Perps against gTrade (Gains Network)+0.025%7-day average −0.016% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Katana Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.068%+$7 on $10k

Price spread, last 3 days (all we have)−0.051%−$5 · spread now +0.025%, 7d avg −0.016%

Together, before fees+0.017%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Katana Perps is 0.041% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5101	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	41m 53s	$252K	—	150x
Short	Katana Perps XRP-USD	1.5105	0.0100	get 0.0100% / 8h	6h 41m	$10K	$306K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Katana Perps 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 Katana PerpsbpOrdersPrice spread, now +0.025%Rate

Funding earned: $20.26
Price spread: +0.025% → −0.016%: $4.1
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Katana Perps: 1.9 bp × 2 orders: −$3.8
Net: $10.55
Costs to cover: 0.138%
Break-even: 3.4 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 27 min ago; Katana Perps: no order-book sample. Net counts fees only.

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), 27 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 Katana Perps no order-book sample	—	—	—	—	—

Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1.5114	+0.084%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5109	+0.052%	$1.1M	$120K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5160	+0.389%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5101	long leg	$252K	—	150x
GMX XRP/USD [ETH-USDC]	L +0.0023% / S +0.0064%	1h	1.5100	−0.011%	$828K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.037%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5101	−0.005%	$14.5M	$72.4M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0069%	8h	1.5109	+0.051%	$57K	$945K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0081%	1h	1.5110	+0.058%	$9.0M	$25.0M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5103	+0.011%	$2.8M	$14.1M	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	1.5109	+0.051%	$517K	$3.3M	20x	as long as short
Katana Perps XRP-USDshort	+0.0100%	8h	1.5105	+0.025%	$10K	$306K	20x
Nado XRP-PERP	+0.0100%	1h	1.5117	+0.107%	$880K	$5.8M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5116	+0.096%	$38.5M	$84.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5116	+0.094%	$609K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5109	+0.050%	$534.9M	$2.10B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5102	+0.005%	$336.7M	$940.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5104	+0.018%	$123.8M	$869.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5084	−0.115%	$564K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5115	+0.091%	$115K	$723K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5183	+0.540%	$1.6M	$305K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5113	+0.077%	$367.5M	$150.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5112	+0.071%	$291.4M	$901.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5111	+0.067%	$108.0M	$171.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5097	−0.028%	$264.1M	$384.5M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5105	+0.025%	—	$127.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5155	+0.357%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5178	+0.509%	$660K	$108.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5150	+0.321%	$1.1M	$38.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5185	+0.554%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5117	+0.106%	—	$12K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5111	+0.064%	$45K	$453K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5105	+0.023%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5109	+0.053%	$813K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5115	+0.090%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5105	+0.025%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5102	+0.007%	$49.5M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5102	+0.005%	$53.6M	$29.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5113	+0.076%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5108	+0.043%	$2.0M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5105	+0.027%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5110	+0.058%	$8K	$8K	10x	as long as short
Hyperliquid XRP	+0.0173%	1h	1.5121	+0.130%	$279.9M	$223.9M	20x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5108	+0.047%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5110	+0.058%	$5.6M	$46.4M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.607%	$24.0M	$75.2M	125x	as long as short
Hibachi XRP/USDT-P	+0.0328%	1h	1.5150	+0.320%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0339%	8h	1.5117	+0.104%	$2.1M	$36.1M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0342%	1h	1.5123	+0.144%	$1.9M	$1.3M	25x	as long as short
RISEx XRP/USDC	+0.0456%	1h	1.5110	+0.060%	$535K	$782K	10x	as long as short
Aftermath Perps XRPUSD	+0.0803%	1h	1.5154	+0.349%	$2K	$14K	10x	as long as short