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: KuCoin against GRVT+0.340%98s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as 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−0.094%−$9 on $10k
+Price spread, last 7 days−0.351%−$35 · spread now +0.340%, 7d avg −0.010%
=Together, before fees−0.445%+ Points / potential airdropGRVT: Active · farm board−$44 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: KuCoin is 0.350% dearer against GRVT than usual: you sell high and buy low, +$35 on $10k if it goes back to its 7-day average of −0.010%. The two prices were read 98 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 | 1.5115 | 0.0100 | pay 0.0100% / 8h | 19m 53s | $1.1M | $34.8M | 20x |
| Short | KuCoin XRPUSDTM | 1.5166 | 0.0100 | get 0.0100% / 8h | 19m 53s | $106.6M | $183.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.340% → −0.010%
- $35
- Slippage, 4 orders
- −$8.12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $5.89
- Costs to cover
- 0.291%
- Break-even
- from the start
Slippage from GRVT: live order book, 4 min ago; KuCoin: live order book, 9 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 | 5.4 bp −$5 | 11.9 bp −$119 | 70.8 bp −$7,079 | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 0.03 bp | 10.1 bp −$10 | 13.2 bp −$132 | 40.7 bp −$4,065 | 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 | 1.5133 | +0.119% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5143 | +0.184% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5157 | +0.278% | $245K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5159 | +0.291% | $7.8M | $24.1M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.944% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5154 | +0.255% | $14.5M | $73.8M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0088% | 1h | 1.5137 | +0.144% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5155 | +0.267% | $2.8M | $15.2M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5160 | +0.298% | $604K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5144 | +0.192% | $20K | $383K | 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 | 1.5147 | +0.215% | $997K | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5169 | +0.359% | $38.5M | $86.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5146 | +0.204% | $609K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5171 | +0.368% | $529.3M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5167 | +0.344% | $349.4M | $954.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5169 | +0.357% | $127.1M | $866.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5139 | +0.159% | $563K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5155 | +0.265% | $143K | $715K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5164 | +0.324% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5167 | +0.344% | $375.9M | $162.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5170 | +0.364% | $307.3M | $926.8M | 300x | as long as short |
| KuCoin XRPUSDTMshort | +0.0100% | 8h | 1.5166 | +0.340% | $106.6M | $183.6M | 75x | |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5166 | +0.337% | $268.7M | $389.2M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5161 | +0.304% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5131 | +0.105% | $4.8M | $38.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5115 | +0.002% | $657K | $113.6M | 30x | as long as short |
| GRVT XRP_USDT_Perplong | +0.0100% | 8h | 1.5115 | long leg | $1.1M | $34.8M | 20x | |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5118 | +0.020% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5152 | +0.242% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5155 | +0.265% | $52K | $515K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5151 | +0.238% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5153 | +0.251% | $77K | $689K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5138 | +0.150% | $814K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5156 | +0.274% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5153 | +0.251% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5142 | +0.181% | $49.4M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5154 | +0.258% | $54.0M | $32.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5152 | +0.244% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5158 | +0.288% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5154 | +0.258% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5153 | +0.251% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0105% / S −0.0067% | 1h | 1.5155 | +0.263% | $773K | — | 200x | as long as short |
| Hyperliquid XRP | +0.0139% | 1h | 1.5183 | +0.450% | $289.9M | $268.0M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0158% | 1h | 1.5169 | +0.357% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0172% | 8h | 1.5144 | +0.192% | $1.8M | $34.1M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5157 | +0.278% | $5.6M | $48.0M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5135 | +0.132% | $23.7M | $77.6M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5146 | +0.207% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5155 | +0.263% | $521K | $807K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5150 | +0.232% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0615% | 1h | 1.5145 | +0.200% | $2K | $16K | 10x | as long as short |
GRVT XRP_USDT_Perp
KuCoin XRPUSDTM
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
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
Extended XRP-USD
01 Exchange XRPUSD
GMX XRP/USD [ETH-USDC]
Hyperliquid XRP
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD