XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Ondo Perps against gTrade (Gains Network)−0.030%45s7-day average −0.044% · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.073%+$7 on $10k

Price spread, last 4 days (all we have)+0.183%+$18 · spread now −0.030%, 7d avg −0.044%

Together, before fees+0.256%+ Points / potential airdropOndo Perps: Active · farm board+$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 45 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	1.5187	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	25m 42s	$254K	—	150x
Short	Ondo Perps XRP-USD.P	1.5182	0.0100	get 0.0013% / 1h	25m 42s	$565K	$27K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo 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 Ondo PerpsbpOrdersPrice spread, now −0.030%Rate

Funding earned: $20.3
Price spread: −0.030% → −0.044%: $1.48
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $6.78
Costs to cover: 0.150%
Break-even: 4.7 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 28 min ago; Ondo 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), 28 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 Ondo Perps no order-book sample	—	—	—	—	—

Ondo 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	1.5184	−0.016%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5188	+0.008%	$1.1M	$115K	10x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5187	long leg	$254K	—	150x
Deribit XRP_USDC-PERPETUAL	+0.0013%	1h	1.5190	+0.023%	$7.8M	$25.5M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5184	−0.018%	$14.4M	$74.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.459%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5188	+0.008%	$793K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5189	+0.016%	$2.9M	$14.7M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5191	+0.030%	$497K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5187	+0.003%	$10K	$347K	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	1.5194	+0.053%	$989K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5183	−0.023%	$38.5M	$85.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5188	+0.009%	$609K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5185	−0.010%	$535.4M	$2.15B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5186	−0.003%	$347.0M	$943.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5186	−0.003%	$126.8M	$883.6M	100x	as long as short
Ondo Perps XRP-USD.Pshort	+0.0100%	1h	1.5182	−0.030%	$565K	$27K	5x
Arcus XRP-USD	+0.0100%	1h	1.5189	+0.016%	$134K	$705K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5212	+0.168%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5185	−0.010%	$369.3M	$155.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5185	−0.010%	$296.1M	$904.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5187	+0.001%	$109.2M	$177.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5184	−0.016%	$269.4M	$389.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5185	−0.010%	—	$127.8M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5187	+0.001%	$4.9M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5228	+0.271%	$661K	$110.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5219	+0.214%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5252	+0.431%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5192	+0.036%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5196	+0.063%	$45K	$477K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5190	+0.021%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5185	−0.010%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5187	+0.006%	$817K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5192	+0.037%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5185	−0.010%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5200	+0.090%	$49.7M	$15.8M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5187	+0.003%	$54.0M	$31.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5185	−0.009%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5178	−0.055%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5184	−0.016%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5190	+0.023%	$8K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5193	+0.043%	$5.7M	$47.7M	50x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5188	+0.009%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5184	−0.016%	$24.1M	$76.1M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0270%	1h	1.5195	+0.056%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0280%	1h	1.5193	+0.043%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0340%	8h	1.5199	+0.082%	$1.9M	$35.2M	2.9x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5187	+0.006%	$517K	$776K	10x	as long as short
Hyperliquid XRP	+0.0400%	1h	1.5202	+0.102%	$301.0M	$246.0M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5230	+0.286%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0676%	1h	1.5209	+0.150%	$2K	$15K	10x	as long as short