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: Binance against GRVT−0.131%49s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as 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−$210.207% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 7 days+0.124%+$12 · spread now −0.131%, 7d avg −0.015%
=Together, before fees+0.038%+ Points / potential airdropGRVT: Active · farm board+$4 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: Binance is 0.116% cheaper against GRVT than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.015%. The two prices were read 49 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 | GRVT XRP_USDT_Perp | 1.5252 | 0.0100 | pay 0.0100% / 8h | 2h 30m | $1.1M | $41.6M | 20x |
| Short | Binance XRPUSDT | 1.5232 | 0.0100 | get 0.0100% / 8h | 2h 30m | $544.8M | $1.84B | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against GRVT. 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: −0.131% → −0.015%
- −$11.59
- Slippage, 4 orders
- −$1.68
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$32.27
- Costs to cover
- 0.207%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 4 min ago; Binance: live order book, 13 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 GRVT live order book, 4 min ago | 0.33 bp | 5.0 bp −$5 | 13.7 bp −$137 | 52.8 bp −$5,284 | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.33 bp | 5.5 bp −$6 | 7.2 bp −$72 | 13.0 bp −$1,299 | 29.7 bp −$14.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX XRP/USD [ETH-USDC] | L −0.0210% / S +0.0297% | 1h | 1.5205 | −0.307% | $1.6M | — | 200x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5203 | −0.321% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5229 | −0.148% | $1.1M | $99K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5220 | −0.210% | $68K | $89K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5213 | −0.256% | $9.1M | $24.1M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5205 | −0.309% | $254K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0040% | 1h | 1.5290 | +0.249% | $2K | $86K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0046% | 8h | 1.5199 | −0.347% | $177K | $788K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5231 | −0.139% | $2.9M | $11.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5232 | −0.131% | $442K | $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 | 1.5202 | −0.325% | $1.0M | $5.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5223 | −0.187% | $38.7M | $71.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5232 | −0.129% | $663K | $1.0M | 20x | as long as short |
| Binance XRPUSDTshort | +0.0100% | 8h | 1.5232 | −0.131% | $544.8M | $1.84B | 100x | |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5246 | −0.039% | $341.4M | $834.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5242 | −0.066% | $122.8M | $827.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5194 | −0.380% | $566K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5247 | −0.033% | $114K | $646K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5201 | −0.333% | $1.6M | $350K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5243 | −0.059% | $355.9M | $129.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5243 | −0.059% | $291.1M | $803.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5229 | −0.153% | $112.8M | $146.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5245 | −0.046% | $265.3M | $338.5M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5239 | −0.085% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5254 | +0.013% | $6.2M | $24.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5218 | −0.225% | $661K | $95.5M | 30x | as long as short |
| GRVT XRP_USDT_Perplong | +0.0100% | 8h | 1.5252 | long leg | $1.1M | $41.6M | 20x | |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5206 | −0.302% | $1.0M | $848K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5207 | −0.295% | $50K | $474K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5205 | −0.309% | $42K | $59K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5203 | −0.322% | $819K | $70K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5210 | −0.274% | $128K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5210 | −0.275% | $29K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5193 | −0.384% | $50.0M | $14.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5210 | −0.275% | $54.4M | $28.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5244 | −0.052% | $475K | $54K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5204 | −0.317% | — | $10K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5235 | −0.111% | $11K | $235K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5242 | −0.067% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5207 | −0.295% | $71K | $40K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0118% | 1h | 1.5219 | −0.216% | $1.7M | $915K | 25x | as long as short |
| 01 Exchange XRPUSD | +0.0136% | 1h | 1.5241 | −0.072% | $8K | $8K | 10x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0171% | 1h | 1.5211 | −0.270% | $15.2M | $63.3M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5216 | −0.236% | $5.4M | $43.2M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0210% | 8h | 1.5213 | −0.256% | $1.7M | $31.6M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0210% | 1h | 1.5203 | −0.321% | $1.3M | $10K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5207 | −0.295% | $23.8M | $66.3M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0248% | 1h | 1.5209 | −0.284% | $19K | $55K | 7x | as long as short |
| RISEx XRP/USDC | +0.0431% | 1h | 1.5245 | −0.047% | $404K | $496K | 10x | as long as short |
| Hyperliquid XRP | +0.0448% | 1h | 1.5240 | −0.079% | $279.1M | $180.7M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0555% | 1h | 1.5229 | −0.151% | $1K | $10K | 10x | as long as short |
GRVT XRP_USDT_Perp
Binance XRPUSDT
GMX XRP/USD [ETH-USDC]
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Aster XRPUSDT
Pacifica XRP
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
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
Katana Perps XRP-USD
Extended XRP-USD
Backpack XRP_USDC_PERP
01 Exchange XRPUSD
Kraken Futures PF_XRPUSD
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
BloFin XRP-USDT
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD