Funding you earn now, next payment 06:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Pacifica against gTrade (Gains Network)+0.059%7-day average +0.021% · 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−$277as in the Price arb table
costs, in and out, $10k−$2802.803% of the position
Funding, last 3 days (all we have)+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.059%, 7d avg +0.021%
=Together, before fees−0.013%+ Points / potential airdropPacifica: Active · farm board−$1 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 Pacifica is 0.038% 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 +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XRP/USD | 1.5074 | L +0.0003% / S −0.0004% | pay 0.0000% / 1h | 15m 59s | $244K | — | 150x |
| Short | Pacifica XRP | 1.5083 | 0.0100 | get 0.0013% / 1h | 15m 59s | $600K | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $20.3
- Price spread: +0.059% → +0.021%
- $3.78
- Slippage, 4 orders
- −$262.34
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$256.25
- Costs to cover
- 2.803%
- Break-even
- 95.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 33 min ago; Pacifica: live order book, 3 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), 33 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 Pacifica live order book, 3 min ago | 0.66 bp | 5.6 bp −$6 | doesn't fit | doesn't fit | 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 | 1.5073 | −0.007% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5071 | −0.017% | $14.1M | $74.9M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5078 | +0.030% | $1.1M | $133K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5090 | +0.106% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USDlong | L +0.0003% / S −0.0004% | 1h | 1.5074 | long leg | $244K | — | 150x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.224% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0071% / S −0.0015% | 1h | 1.5073 | −0.009% | $795K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0082% | 1h | 1.5075 | +0.007% | $7.7M | $25.5M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5084 | +0.066% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5077 | +0.017% | $2.8M | $15.0M | 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 | 1.5077 | +0.020% | $545K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5080 | +0.040% | $10K | $361K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5080 | +0.043% | $975K | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5082 | +0.053% | $38.3M | $87.2M | 100x | as long as short |
| Pacifica XRPshort | +0.0100% | 1h | 1.5083 | +0.059% | $600K | $1.1M | 20x | |
| Binance XRPUSDT | +0.0100% | 8h | 1.5084 | +0.066% | $524.6M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5088 | +0.093% | $344.3M | $964.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5080 | +0.040% | $126.0M | $883.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5044 | −0.199% | $561K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5089 | +0.100% | $144K | $712K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5026 | −0.315% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5076 | +0.013% | $370.4M | $160.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5084 | +0.066% | $287.6M | $923.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5079 | +0.031% | $106.3M | $180.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5080 | +0.040% | $264.9M | $398.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5078 | +0.027% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5046 | −0.187% | $4.7M | $38.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5054 | −0.131% | $654K | $113.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5083 | +0.060% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5092 | +0.119% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5085 | +0.071% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5084 | +0.066% | $51K | $489K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5076 | +0.011% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5073 | −0.007% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5073 | −0.005% | $811K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5078 | +0.029% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5074 | 0.000% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5081 | +0.049% | $49.3M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5075 | +0.007% | $53.8M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5090 | +0.105% | $470K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5080 | +0.037% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5071 | −0.021% | $58K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0110% | 1h | 1.5089 | +0.100% | $288.0M | $262.1M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5078 | +0.027% | $5.7M | $48.4M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0192% | 1h | 1.5080 | +0.042% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0192% | 1h | 1.5087 | +0.086% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0196% | 8h | 1.5079 | +0.033% | $1.7M | $35.7M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5076 | +0.015% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5077 | +0.020% | $23.1M | $77.0M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5088 | +0.094% | $519K | $786K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0601% | 1h | 1.5063 | −0.073% | $2K | $16K | 10x | as long as short |
gTrade (Gains Network) XRP/USD
Pacifica XRP
Kraken Futures PF_XRPUSD
Phoenix XRP
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Aster XRPUSDT
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD