Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: Pacifica against GRVT−0.110%52s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as 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−$220.217% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.181%−$18 · spread now −0.110%, 7d avg −0.003%
=Together, before fees−0.186%+ Points / potential airdropGRVT: Active · Pacifica: Active · farm board−$19 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: Pacifica is 0.107% cheaper against GRVT than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.003%. The two prices were read 52 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 | 1.5343 | 0.0100 | pay 0.0100% / 8h | 4m 40s | $1.1M | $40.3M | 20x |
| Short | Pacifica XRP | 1.5326 | 0.0100 | get 0.0013% / 1h | 4m 40s | $631K | $1.1M | 20x |
GRVT XRP_USDT_Perp
Pacifica XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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: −0.110% → −0.003%
- −$10.75
- Slippage, 4 orders
- −$4.7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$32.44
- Costs to cover
- 0.217%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 4 min ago; Pacifica: live order book, 4 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 | 7.8 bp −$78 | 45.1 bp −$4,511 | doesn't fit |
| Sell Pacifica live order book, 4 min ago | 0.98 bp | 5.0 bp −$5 | 8.2 bp −$82 | doesn't fit | 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 | 1.5278 | −0.424% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5322 | −0.140% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5330 | −0.085% | $68K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5290 | −0.343% | $256K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0006% / S +0.0091% | 1h | 1.5289 | −0.353% | $838K | — | 200x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5297 | −0.298% | $14.9M | $69.8M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0061% | 8h | 1.5291 | −0.339% | $75K | $910K | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0077% | 1h | 1.5301 | −0.274% | $9.3M | $25.7M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +1.414% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5323 | −0.131% | $2.8M | $13.8M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5325 | −0.117% | $510K | $3.3M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5292 | −0.329% | $1.1M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5320 | −0.147% | $38.8M | $82.4M | 100x | as long as short |
| Pacifica XRPshort | +0.0100% | 1h | 1.5326 | −0.110% | $631K | $1.1M | 20x | |
| Binance XRPUSDT | +0.0100% | 8h | 1.5324 | −0.124% | $543.8M | $2.06B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5325 | −0.117% | $338.9M | $930.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5327 | −0.104% | $125.1M | $882.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5264 | −0.515% | $570K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5290 | −0.345% | $115K | $705K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5333 | −0.065% | $1.7M | $570K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5316 | −0.176% | $361.0M | $149.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5321 | −0.143% | $295.2M | $898.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5316 | −0.174% | $108.4M | $166.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5326 | −0.111% | $267.7M | $377.3M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5318 | −0.163% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5290 | −0.342% | $8.2M | $33.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5317 | −0.166% | $665K | $105.7M | 30x | as long as short |
| GRVT XRP_USDT_Perplong | +0.0100% | 8h | 1.5343 | long leg | $1.1M | $40.3M | 20x | |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5301 | −0.274% | $1.0M | $901K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5292 | −0.333% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5292 | −0.332% | $46K | $456K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5290 | −0.347% | $41K | $69K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5295 | −0.311% | $823K | $82K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5298 | −0.293% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5298 | −0.293% | $29K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5296 | −0.303% | $50.2M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5298 | −0.293% | $54.5M | $29.6M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5323 | −0.128% | $478K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5284 | −0.384% | $11K | $270K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5317 | −0.173% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5294 | −0.319% | $71K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5291 | −0.339% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0213% | 1h | 1.5292 | −0.335% | $1.4M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5301 | −0.274% | $24.1M | $74.7M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5300 | −0.280% | $5.8M | $46.7M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0258% | 1h | 1.5307 | −0.235% | $1.7M | $1.0M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0304% | 1h | 1.5294 | −0.318% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0312% | 8h | 1.5279 | −0.417% | $2.0M | $34.7M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0560% | 1h | 1.5341 | −0.013% | $290.8M | $215.5M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5295 | −0.314% | $528K | $744K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0790% | 1h | 1.5324 | −0.123% | $1K | $11K | 10x | as long as short |
Lighter RH XRP
Nado XRP-PERP
Aster XRPUSDT
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
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
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD