Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h +0.020%
Price spread now: Orderly against gTrade (Gains Network)−0.008%7-day average −0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.084%+$8 on $10k
Price spread, last 4 days (all we have)−0.563%−$56 · spread now −0.008%, 7d avg −0.004%
Together, before fees−0.479%−$48 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XRP/USD1.5205L +0.0003% / S −0.0004%pay 0.0000% / 1h12m 51s$254K150x
ShortOrderly PERP_XRP_USDC1.52040.0076get 0.0076% / 8h5h 12m$62K$935K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
$15.3
Price spread: −0.008% → −0.004%
−$0.37
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$1.07
Costs to cover
0.160%
Break-even
7.5 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 51 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) virtual book (oracle venue), 51 min ago130.04 bp135.0 bp −$135208.0 bp −$2,0801906.1 bp −$190.6K9819.7 bp −$4.91M
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5215+0.064%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5212+0.048%$1.1M$110K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5204−0.008%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDlongL +0.0003% / S −0.0004%1h1.5205long leg$254K150x
GMX XRP/USD [ETH-USDC]L +0.0033% / S +0.0038%1h1.5204−0.008%$797K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.333%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5216+0.071%$8K$8K10xas long as short
Orderly PERP_XRP_USDCshort+0.0076%8h1.5204−0.008%$62K$935K50x
Lighter XRP+0.0096%1h1.5205−0.003%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5200−0.034%$514K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5207+0.012%$10K$310K20xas long as short
Nado XRP-PERP+0.0100%1h1.5209+0.027%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5220+0.096%$283.0M$222.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5202−0.022%$38.5M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5221+0.103%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5207+0.009%$537.1M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5209+0.025%$347.0M$929.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5208+0.018%$126.1M$872.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5241+0.235%$567K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5219+0.091%$115K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5223+0.117%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5202−0.021%$368.7M$153.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5199−0.041%$295.3M$903.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5199−0.041%$109.0M$171.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5208+0.018%$269.8M$380.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5199−0.041%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5260+0.357%$6.0M$36.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5237+0.208%$662K$108.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5251+0.301%$1.1M$35.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5246+0.268%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5217+0.078%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5215+0.064%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5208+0.017%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5205−0.001%$818K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5209+0.025%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5202−0.021%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5204−0.009%$49.8M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5200−0.034%$54.1M$30.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5217+0.080%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5195−0.070%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5203−0.014%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0191%1h1.5209+0.025%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.5211+0.038%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5210+0.032%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5210+0.032%$5.6M$46.6M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5201−0.028%$24.3M$75.3M125xas long as short
Kraken Futures PF_XRPUSD+0.0272%1h1.5201−0.028%$14.4M$73.2M50xas long as short
Kalshi KXXRPPERP+0.0347%8h1.5223+0.117%$2.1M$34.7M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5220+0.098%$518K$778K10xas long as short
Phoenix XRP+0.0528%1h1.5220+0.097%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0668%1h1.5233+0.181%$2K$14K10xas long as short