XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: SoDEX against gTrade (Gains Network)+0.024%7-day average −0.006% · 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−$276as in the Price arb table

costs, in and out, $10k−$2792.787% of the position

Long on gTrade (Gains Network)Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.081%+$8 on $10k

Price spread, last 3 days (all we have)−0.213%−$21 · spread now +0.024%, 7d avg −0.006%

Together, before fees−0.131%−$13 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 SoDEX is 0.030% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5511	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	5m 16s	$260K	—	150x
Short	SoDEX XRP-USD	1.5515	0.0100	get 0.0013% / 1h	5m 16s	$32K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.024%Rate

Funding earned: $20.31
Price spread: +0.024% → −0.006%: $2.98
Slippage, 4 orders: −$260.67
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$255.38
Costs to cover: 2.787%
Break-even: 95.0 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 14 min ago; SoDEX: live order book, 4 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), 14 min ago	130.01 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
Sell SoDEX live order book, 4 min ago	0.32 bp	4.3 bp −$4	6.4 bp −$64	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	1.5511	−0.002%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5504	−0.048%	$1.1M	$113K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5516	+0.030%	$9.6M	$25.2M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0001% / S +0.0113%	1h	1.5511	−0.003%	$853K	—	200x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5511	long leg	$260K	—	150x
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.314%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5515	+0.022%	$15.5M	$68.5M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0055%	8h	1.5514	+0.017%	$76K	$909K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5516	+0.031%	$3.0M	$12.5M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5518	+0.043%	$443K	$3.2M	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	1.5512	+0.005%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5514	+0.017%	$39.4M	$79.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5510	−0.008%	$638K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5515	+0.024%	$558.2M	$1.99B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5515	+0.024%	$346.1M	$903.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5514	+0.017%	$127.7M	$881.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5500	−0.073%	$576K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5514	+0.017%	$119K	$746K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5501	−0.064%	$1.7M	$578K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5511	−0.002%	$363.5M	$143.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5514	+0.017%	$300.5M	$868.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5511	+0.001%	$113.1M	$161.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5514	+0.017%	$270.9M	$366.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5512	+0.005%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5512	+0.007%	$11.5M	$30.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5481	−0.196%	$672K	$102.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5513	+0.012%	$1.1M	$41.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5496	−0.099%	$1.0M	$885K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5514	+0.015%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5515	+0.024%	$46K	$449K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5512	+0.004%	$42K	$66K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5517	+0.037%	$835K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5517	+0.040%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USDshort	+0.0100%	1h	1.5515	+0.024%	$32K	$1.9M	10x
HTX XRP-USDT	+0.0100%	8h	1.5502	−0.058%	$50.9M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5514	+0.017%	$55.2M	$29.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5512	+0.006%	$484K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5508	−0.021%	$11K	$261K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5511	−0.003%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5514	+0.015%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5515	+0.024%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5512	+0.002%	$1.4M	$8K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5522	+0.069%	$6.0M	$47.5M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5516	+0.030%	$24.5M	$73.8M	125x	as long as short
Hibachi XRP/USDT-P	+0.0256%	1h	1.5494	−0.110%	$18K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0294%	1h	1.5525	+0.088%	$1.7M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0321%	8h	1.5525	+0.088%	$2.0M	$33.2M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5520	+0.056%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5523	+0.074%	$508K	$630K	10x	as long as short
Hyperliquid XRP	+0.0580%	1h	1.5530	+0.121%	$290.4M	$204.6M	20x	as long as short
Aftermath Perps XRPUSD	+0.0773%	1h	1.5518	+0.046%	$1K	$11K	10x	as long as short