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: GRVT against HTX+0.365%77s7-day average +0.028% · you sell dearer than you buy
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−$270.267% of the position
Funding, last 7 days−0.025%−$3 on $10k
+Price spread, last 3 days (all we have)−0.272%−$27 · spread now +0.365%, 7d avg +0.028%
=Together, before fees−0.297%+ Points / potential airdropGRVT: Active · farm board−$30 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: GRVT is 0.337% dearer against HTX than usual: you sell high and buy low, +$34 on $10k if it goes back to its 7-day average of +0.028%. The two prices were read 77 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 | HTX XRP-USDT | 1.5196 | 0.0100 | pay 0.0100% / 8h | 2h 31m | $50.0M | $14.6M | 75x |
| Short | GRVT XRP_USDT_Perp | 1.5252 | 0.0100 | get 0.0100% / 8h | 2h 31m | $1.1M | $41.6M | 20x |
HTX XRP-USDT
GRVT XRP_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against HTX. 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: +0.365% → +0.028%
- $33.72
- Slippage, 4 orders
- −$5.71
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $7.01
- Costs to cover
- 0.267%
- Break-even
- from the start
Slippage from HTX: live order book, 2 min ago; GRVT: 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 HTX live order book, 2 min ago | 0.03 bp | 8.5 bp −$8 | 11.3 bp −$113 | 32.6 bp −$3,257 | doesn't fit |
| Sell GRVT live order book, 2 min ago | 0.33 bp | 4.8 bp −$5 | 10.8 bp −$108 | 51.8 bp −$5,181 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX XRP/USD [ETH-USDC] | L −0.0210% / S +0.0297% | 1h | 1.5207 | +0.071% | $1.6M | — | 200x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5205 | +0.056% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5211 | +0.098% | $1.1M | $99K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5250 | +0.352% | $68K | $89K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5209 | +0.082% | $9.1M | $24.1M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5208 | +0.078% | $254K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0040% | 1h | 1.5290 | +0.615% | $2K | $86K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0046% | 8h | 1.5202 | +0.036% | $177K | $788K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5206 | +0.065% | $2.9M | $11.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5209 | +0.082% | $441K | $3.1M | 20x | as long as short |
GMX XRP/USD [ETH-USDC]
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5199 | +0.020% | $1.0M | $5.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5201 | +0.030% | $38.6M | $71.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5208 | +0.073% | $662K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5203 | +0.040% | $543.8M | $1.84B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5200 | +0.023% | $340.4M | $834.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5198 | +0.010% | $122.6M | $824.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5192 | −0.030% | $568K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5207 | +0.069% | $114K | $646K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5260 | +0.421% | $1.6M | $350K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5203 | +0.043% | $355.0M | $129.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5206 | +0.063% | $290.7M | $802.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5204 | +0.051% | $112.2M | $147.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5198 | +0.010% | $264.5M | $338.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5203 | +0.043% | — | $113.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5254 | +0.378% | $6.2M | $24.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5255 | +0.385% | $662K | $95.4M | 30x | as long as short |
| GRVT XRP_USDT_Perpshort | +0.0100% | 8h | 1.5252 | +0.365% | $1.1M | $41.6M | 20x | |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5264 | +0.444% | $1.0M | $848K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5203 | +0.044% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5200 | +0.023% | $50K | $474K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5207 | +0.069% | $42K | $59K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5204 | +0.048% | $819K | $70K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5203 | +0.043% | $128K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5203 | +0.043% | $28K | $1.9M | 10x | as long as short |
| HTX XRP-USDTlong | +0.0100% | 8h | 1.5196 | long leg | $50.0M | $14.6M | 75x | |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5206 | +0.063% | $54.4M | $28.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5207 | +0.072% | $474K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5210 | +0.089% | $12K | $245K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5202 | +0.035% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5206 | +0.061% | $71K | $40K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0121% | 1h | 1.5213 | +0.109% | $1.7M | $919K | 25x | as long as short |
| 01 Exchange XRPUSD | +0.0144% | 1h | 1.5203 | +0.043% | $8K | $8K | 10x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0171% | 1h | 1.5203 | +0.042% | $15.2M | $63.3M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5216 | +0.128% | $5.4M | $43.2M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0210% | 1h | 1.5198 | +0.010% | $1.3M | $10K | 15x | as long as short |
| Kalshi KXXRPPERP | +0.0214% | 8h | 1.5218 | +0.141% | $1.7M | $31.6M | 2.9x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5206 | +0.063% | $23.7M | $66.3M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0248% | 1h | 1.5216 | +0.128% | $19K | $55K | 7x | as long as short |
| RISEx XRP/USDC | +0.0431% | 1h | 1.5208 | +0.074% | $403K | $496K | 10x | as long as short |
| Hyperliquid XRP | +0.0444% | 1h | 1.5220 | +0.155% | $279.1M | $180.3M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0550% | 1h | 1.5235 | +0.251% | $1K | $10K | 10x | as long as short |
Nado XRP-PERP
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-USDT
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
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
01 Exchange XRPUSD
Kraken Futures PF_XRPUSD
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
Kalshi KXXRPPERP
BloFin XRP-USDT
Hibachi XRP/USDT-P
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD