Funding you earn now, next payment 12:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against GRVT−0.054%68s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2812.807% of the position
Funding, last 4 days (all we have)−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.054%, 7d avg −0.021%
=Together, before fees+0.109%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.033% cheaper against GRVT than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.021%). Swap the legs. The two prices were read 68 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 | 1.5301 | 0.0100 | pay 0.0100% / 8h | 4h 50m | $1.1M | $32.7M | 20x |
| Short | gTrade (Gains Network) XRP/USD | 1.5293 | L +0.0003% / S −0.0004% | get 0.0000% / 1h | 50m 17s | $242K | — | 150x |
GRVT XRP_USDT_Perp
gTrade (Gains Network) XRP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$20.18
- Price spread: −0.054% → −0.021%
- −$3.35
- Slippage, 4 orders
- −$261.72
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$304.25
- Costs to cover
- 2.807%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle exchange), 57 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, 2 min ago | 0.33 bp | 5.4 bp −$5 | 9.5 bp −$95 | 51.4 bp −$5,135 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle exchange), 57 min ago | 130.02 bp | 135.0 bp −$135 | 193.2 bp −$1,932 | 1958.2 bp −$195.8K | doesn't fit |
XRP on 51 exchanges
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 | 1.5360 | +0.385% | $5K | $2K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0077% | 1h | 1.5260 | −0.269% | $13.7M | $68.4M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5260 | −0.265% | $1.1M | $154K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5310 | +0.058% | $68K | $102K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5262 | −0.255% | $7.6M | $19.9M | 50x | as long as short |
| gTrade (Gains Network) XRP/USDshort | L +0.0003% / S −0.0004% | 1h | 1.5293 | −0.054% | $242K | — | 150x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.692% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5283 | −0.118% | $9K | $987 | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0080% | 1h | 1.5261 | −0.260% | $17K | $68K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5254 | −0.306% | $2.7M | $13.4M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Lighter XRPShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5260 | −0.268% | $590K | $3.0M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0096% | 1h | 1.5261 | −0.262% | $5.4M | $41.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5260 | −0.269% | $476K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5268 | −0.216% | $10K | $411K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5292 | −0.063% | $849K | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5300 | −0.007% | $297.1M | $260.6M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5291 | −0.067% | $38.9M | $79.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5259 | −0.277% | $587K | $985K | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5294 | −0.044% | $532.2M | $2.02B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5276 | −0.164% | $359.0M | $853.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5273 | −0.183% | $124.1M | $816.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5273 | −0.183% | $561K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5286 | −0.098% | $163K | $689K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5312 | +0.068% | $1.6M | $66K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5292 | −0.059% | $376.7M | $156.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5293 | −0.053% | $314.8M | $875.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5290 | −0.074% | $104.1M | $179.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5275 | −0.170% | $269.8M | $346.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5287 | −0.092% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5256 | −0.292% | $4.9M | $37.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5305 | +0.025% | $665K | $105.6M | 30x | as long as short |
| GRVT XRP_USDT_Perplong | +0.0100% | 8h | 1.5301 | long leg | $1.1M | $32.7M | 20x | |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5316 | +0.098% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5285 | −0.106% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5294 | −0.046% | $52K | $469K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5292 | −0.061% | $41K | $64K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5274 | −0.177% | $83K | $601K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5276 | −0.162% | $822K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5270 | −0.205% | $128K | $1.4M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5255 | −0.301% | $29K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5259 | −0.275% | $49.7M | $13.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5258 | −0.281% | $54.5M | $33.3M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5264 | −0.240% | $2.2M | $5.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5270 | −0.206% | $59K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0111% | 8h | 1.5275 | −0.170% | $1.9M | $35.5M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0151% | 1h | 1.5268 | −0.216% | $2.0M | $1.2M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5256 | −0.295% | $23.7M | $77.1M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0224% | 1h | 1.5285 | −0.108% | $1.4M | $1K | 15x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0258% / S −0.0512% | 1h | 1.5292 | −0.056% | $880K | — | 200x | as long as short |
| RISEx XRP/USDC | +0.0300% | 1h | 1.5285 | −0.102% | $506K | $723K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0385% | 1h | 1.5296 | −0.034% | $3K | $13K | 10x | as long as short |
Lighter RH XRP
Coinbase International XRP-PERP-INTX
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
GMX XRP/USD [ETH-USDC]
RISEx XRP/USDC
Aftermath Perps XRPUSD