Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against GRVT−0.342%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$310.308% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 7 days+0.343%+$34 · spread now −0.342%, 7d avg −0.014%
=Together, before fees+0.280%+ Points / potential airdropGRVT: Active · farm board+$28 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: Gate is 0.328% cheaper against GRVT than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT XRP_USDT_Perp | 1.5207 | 0.0100 | pay 0.0100% / 8h | 4h 27m | $1.1M | $36.0M | 20x |
| Short | Gate XRP_USDT | 1.5155 | 0.0100 | get 0.0100% / 8h | 4h 27m | $369.5M | $153.8M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.342% → −0.014%
- −$32.79
- Slippage, 4 orders
- −$6.76
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$63.54
- Costs to cover
- 0.308%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 2 min ago; Gate: live order book, 2 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 | 4.8 bp −$5 | 13.8 bp −$138 | 67.5 bp −$6,748 | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.33 bp | 9.9 bp −$10 | 13.7 bp −$137 | 31.1 bp −$3,108 | 42.9 bp −$21.4K |
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 | 1.5160 | −0.309% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5171 | −0.240% | $14.3M | $73.8M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5159 | −0.314% | $1.1M | $111K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5180 | −0.178% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5150 | −0.373% | $253K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5172 | −0.230% | $7.7M | $25.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.321% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0042% / S +0.0026% | 1h | 1.5150 | −0.372% | $791K | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0084% | 8h | 1.5164 | −0.283% | $62K | $934K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5181 | −0.169% | $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 | 1.5180 | −0.178% | $498K | $3.3M | 20x | as long as short |
| 01 Exchange XRPUSD | +0.0096% | 1h | 1.5167 | −0.263% | $8K | $8K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0097% | 8h | 1.5157 | −0.329% | $10K | $325K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5162 | −0.299% | $1.1M | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5170 | −0.243% | $281.6M | $225.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5156 | −0.334% | $38.3M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5169 | −0.249% | $609K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5178 | −0.191% | $535.1M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5161 | −0.303% | $345.0M | $932.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5166 | −0.270% | $126.0M | $875.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5202 | −0.033% | $565K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5164 | −0.283% | $110K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5115 | −0.602% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDTshort | +0.0100% | 8h | 1.5155 | −0.342% | $369.5M | $153.8M | 100x | |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5158 | −0.322% | $290.0M | $900.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5165 | −0.274% | $107.7M | $174.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5170 | −0.243% | $268.5M | $384.5M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5157 | −0.329% | — | $126.9M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5201 | −0.041% | $5.2M | $37.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5199 | −0.050% | $661K | $108.5M | 30x | as long as short |
| GRVT XRP_USDT_Perplong | +0.0100% | 8h | 1.5207 | long leg | $1.1M | $36.0M | 20x | |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5200 | −0.046% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5165 | −0.276% | $44K | $452K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5157 | −0.328% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5165 | −0.275% | $816K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5162 | −0.293% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5173 | −0.224% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5167 | −0.266% | $49.6M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5173 | −0.224% | $54.2M | $30.6M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5171 | −0.239% | $473K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5165 | −0.278% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5165 | −0.278% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5166 | −0.271% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0168% | 1h | 1.5167 | −0.263% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0184% | 1h | 1.5172 | −0.229% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5174 | −0.217% | $5.6M | $47.1M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5155 | −0.341% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5181 | −0.171% | $24.1M | $76.2M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0312% | 8h | 1.5168 | −0.257% | $2.1M | $34.5M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5164 | −0.281% | $516K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0653% | 1h | 1.5171 | −0.237% | $2K | $15K | 10x | as long as short |
GRVT XRP_USDT_Perp
Gate XRP_USDT
Kraken Futures PF_XRPUSD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRP
01 Exchange XRPUSD
Katana Perps XRP-USD
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
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
Paradex XRP-USD-PERP
Extended XRP-USD
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD