XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Polymarket Perps against gTrade (Gains Network)+0.033%7-day average +0.013% · 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−$283as in the Price arb table

costs, in and out, $10k−$2852.846% of the position

Long on gTrade (Gains Network)Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.096%+$10 on $10k

Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.033%, 7d avg +0.013%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5169	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	22m 49s	$253K	—	150x
Short	Polymarket Perps XRP-USD	1.5174	0.0100	get 0.0013% / 1h	22m 49s	$44K	$452K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket 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 Polymarket PerpsbpOrdersPrice spread, now +0.033%Rate

Funding earned: $20.3
Price spread: +0.033% → +0.013%: $1.95
Slippage, 4 orders: −$266.61
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$262.35
Costs to cover: 2.846%
Break-even: 97.5 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 36 min ago; Polymarket Perps: live order book, 35 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), 36 min ago	130.03 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
Sell Polymarket Perps live order book, 35 min ago	2.31 bp	7.6 bp −$8	10.5 bp −$105	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	1.5187	+0.119%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0071%	1h	1.5172	+0.022%	$14.3M	$73.8M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5176	+0.043%	$1.1M	$111K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5190	+0.138%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5169	long leg	$253K	—	150x
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5177	+0.053%	$7.7M	$25.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.578%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0043% / S +0.0025%	1h	1.5168	−0.009%	$791K	—	200x	as long as short
Orderly PERP_XRP_USDC	+0.0085%	8h	1.5171	+0.013%	$62K	$934K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5185	+0.102%	$2.8M	$14.6M	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	1.5184	+0.099%	$499K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0097%	8h	1.5166	−0.020%	$10K	$326K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5166	−0.016%	$1.1M	$6.0M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5182	+0.086%	$280.8M	$226.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5175	+0.042%	$38.4M	$83.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5175	+0.037%	$609K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5173	+0.023%	$535.5M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5172	+0.020%	$346.9M	$934.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5174	+0.033%	$126.3M	$875.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5174	+0.033%	$564K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5176	+0.046%	$110K	$713K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5174	+0.033%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5175	+0.040%	$370.1M	$154.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5172	+0.020%	$292.4M	$900.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5174	+0.035%	$108.3M	$174.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5170	+0.007%	$268.4M	$384.5M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5173	+0.026%	—	$127.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5179	+0.064%	$5.2M	$37.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5183	+0.090%	$661K	$108.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5178	+0.056%	$1.1M	$36.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5192	+0.152%	$1.2M	$1.1M	50x	as long as short
Polymarket Perps XRP-USDshort	+0.0100%	1h	1.5174	+0.033%	$44K	$452K	20x
Bullet XRP-USD	+0.0100%	1h	1.5172	+0.020%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5176	+0.043%	$817K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5170	+0.009%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5175	+0.040%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5179	+0.063%	$49.6M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5174	+0.033%	$54.2M	$30.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5173	+0.025%	$473K	$55K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5176	+0.045%	—	$11K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5170	+0.004%	$2.0M	$6.8M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5177	+0.053%	$8K	$8K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5172	+0.022%	$58K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0175%	1h	1.5183	+0.092%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0184%	1h	1.5183	+0.092%	$17K	$82K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5177	+0.053%	$5.6M	$47.0M	50x	as long as short
Reya XRPRUSDPERP	+0.0216%	1h	1.5170	+0.008%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5179	+0.066%	$24.2M	$76.2M	125x	as long as short
Kalshi KXXRPPERP	+0.0313%	8h	1.5180	+0.073%	$2.1M	$34.5M	2.9x	as long as short
RISEx XRP/USDC	+0.0352%	1h	1.5177	+0.052%	$517K	$777K	10x	as long as short
Aftermath Perps XRPUSD	+0.0647%	1h	1.5181	+0.082%	$2K	$15K	10x	as long as short