Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against Gate−0.541%96s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$290.291% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 7 days+0.565%+$56 · spread now −0.541%, 7d avg +0.013%
=Together, before fees+0.611%+ Points / potential airdropGRVT: Active · farm board+$61 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.555% cheaper against Gate than usual: you would sell low and buy high, −$55 on $10k if it goes back to its 7-day average of +0.013%. The two prices were read 96 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 | Gate XRP_USDT | 1.5643 | 0.0100 | pay 0.0100% / 8h | 55m 46s | $375.4M | $142.3M | 100x |
| Short | GRVT XRP_USDT_Perp | 1.5558 | 0.0100 | get 0.0100% / 8h | 55m 46s | $1.1M | $41.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Gate. 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
- $0
- Price spread: −0.541% → +0.013%
- −$55.47
- Slippage, 4 orders
- −$5.07
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$84.55
- Costs to cover
- 0.291%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; GRVT: 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 Gate live order book, 3 min ago | 0.64 bp | 9.1 bp −$9 | 12.1 bp −$121 | 28.6 bp −$2,863 | 42.4 bp −$21.2K |
| Sell GRVT live order book, 3 min ago | 0.32 bp | 4.8 bp −$5 | 10.8 bp −$108 | 67.3 bp −$6,730 | 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 | 1.5604 | −0.249% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5606 | −0.238% | $1.1M | $113K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0003% / S +0.0109% | 1h | 1.5621 | −0.138% | $859K | — | 200x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5623 | −0.126% | $261K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0006% | 1h | 1.5635 | −0.051% | $9.6M | $25.4M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0031% | 1h | 1.5636 | −0.046% | $15.7M | $68.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0055% | 8h | 1.5628 | −0.096% | $77K | $909K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | −0.531% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5634 | −0.061% | $3.0M | $12.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5638 | −0.032% | $446K | $3.1M | 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 | 1.5614 | −0.182% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5645 | +0.013% | $39.7M | $79.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5613 | −0.192% | $643K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5645 | +0.010% | $562.4M | $2.00B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5647 | +0.026% | $349.0M | $908.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5647 | +0.026% | $128.1M | $891.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5593 | −0.320% | $580K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5614 | −0.185% | $119K | $748K | 20x | as long as short |
| Gate XRP_USDTlong | +0.0100% | 8h | 1.5643 | long leg | $375.4M | $142.3M | 100x | |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5642 | −0.006% | $308.1M | $857.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5644 | +0.004% | $114.3M | $161.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5649 | +0.038% | $273.7M | $368.1M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5645 | +0.013% | — | $120.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5530 | −0.720% | $11.6M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5558 | −0.545% | $679K | $102.4M | 30x | as long as short |
| GRVT XRP_USDT_Perpshort | +0.0100% | 8h | 1.5558 | −0.541% | $1.1M | $41.0M | 20x | |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5549 | −0.601% | $1.0M | $884K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5606 | −0.236% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5626 | −0.109% | $46K | $449K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5623 | −0.128% | $42K | $66K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5630 | −0.085% | $841K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5637 | −0.038% | $131K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5632 | −0.070% | $31K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5631 | −0.077% | $51.3M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5631 | −0.077% | $55.6M | $29.2M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5562 | −0.521% | $1.7M | $573K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5610 | −0.210% | $487K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5617 | −0.166% | $11K | $261K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5641 | −0.014% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5632 | −0.070% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0144% | 1h | 1.5618 | −0.160% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5624 | −0.118% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5596 | −0.300% | $24.5M | $74.3M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5642 | −0.006% | $6.0M | $48.0M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0280% | 1h | 1.5591 | −0.333% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0319% | 8h | 1.5621 | −0.141% | $2.0M | $33.4M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0390% | 1h | 1.5647 | +0.026% | $1.7M | $1.0M | 25x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5530 | −0.722% | $69K | $89K | 15x | as long as short |
| Hyperliquid XRP | +0.0616% | 1h | 1.5666 | +0.147% | $296.0M | $208.4M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5623 | −0.130% | $509K | $632K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0771% | 1h | 1.5569 | −0.472% | $1K | $11K | 10x | as long as short |
Gate XRP_USDT
GRVT XRP_USDT_Perp
GMX XRP/USD [ETH-USDC]
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
01 Exchange XRPUSD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Phoenix XRP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD