XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0176%/8h= +19.2% APRnext payment +$0.22 per $10,000 · paid last 24h −0.044%

Price spread now: gTrade (Gains Network) against Kraken Futures−0.123%7-day average −0.009% · 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−$299as in the Price arb table

costs, in and out, $10k−$2882.879% of the position

Long on Kraken Futures Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.144%−$14 on $10k

Price spread, last 4 days (all we have)+0.714%+$71 · spread now −0.123%, 7d avg −0.009%

Together, before fees+0.569%+$57 on $10k · with fees, hour by hour

Funding pays, the price is against you. gTrade (Gains Network) is 0.115% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of −0.009%). If the spread goes back, that is −$11 on $10k: about 2.2 days of funding at the current rate (+$5 a day). Mind the row above: over the last 4 days funding on this pair cost −0.144%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XRPUSD	1.5173	−0.0172	get 0.0021% / 1h	27m 54s	$14.7M	$74.5M	50x
Short	gTrade (Gains Network) XRP/USD	1.5154	L +0.0003% / S −0.0004%	get 0.0000% / 1h	27m 54s	$246K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.123%Rate

Funding earned: $36.9
Price spread: −0.123% → −0.009%: −$11.46
Slippage, 4 orders: −$267.91
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$262.47
Costs to cover: 2.879%
Break-even: 56.8 days

Slippage from Kraken Futures: live order book, 1 min ago; gTrade (Gains Network): virtual book (oracle venue), 6 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 Kraken Futures live order book, 1 min ago	1.32 bp	6.7 bp −$7	10.8 bp −$108	20.2 bp −$2,018	41.3 bp −$20.7K
Sell gTrade (Gains Network) virtual book (oracle venue), 6 min ago	130.05 bp	135.0 bp −$135	193.2 bp −$1,932	1958.1 bp −$195.8K	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
Kraken Futures PF_XRPUSDlong	−0.0172%	1h	1.5173	long leg	$14.7M	$74.5M	50x
Hotstuff XRP-PERP	−0.0080%	1h	1.5153	−0.132%	$5K	$3K	20x	as long as short
Phoenix XRP	0.0000%	1h	1.5170	−0.020%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USDshort	L +0.0003% / S −0.0004%	1h	1.5154	−0.123%	$246K	—	150x
dYdX XRP-USD	+0.0009%	1h	1.5149	−0.157%	$1.1M	$158K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5171	−0.013%	$7.7M	$23.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.551%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0072%	1h	1.5146	−0.177%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5172	−0.007%	$2.8M	$14.6M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5180	+0.046%	$617K	$3.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange XRPUSD	+0.0096%	1h	1.5141	−0.211%	$8K	$2K	10x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5140	−0.217%	$20K	$381K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5141	−0.207%	$989K	$6.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5184	+0.073%	$38.6M	$84.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5151	−0.148%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5186	+0.083%	$529.0M	$2.17B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5179	+0.040%	$353.3M	$938.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5178	+0.033%	$126.2M	$850.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5125	−0.316%	$556K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5148	−0.165%	$143K	$708K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5141	−0.207%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5181	+0.053%	$377.7M	$154.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5185	+0.079%	$313.4M	$918.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5182	+0.059%	$106.9M	$183.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5179	+0.040%	$268.2M	$380.6M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5178	+0.033%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5142	−0.204%	$4.8M	$38.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5143	−0.198%	$658K	$112.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5143	−0.198%	$1.1M	$33.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5148	−0.165%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5158	−0.096%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5152	−0.138%	$52K	$509K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5155	−0.122%	$41K	$68K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5166	−0.046%	$77K	$648K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5150	−0.154%	$815K	$76K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5161	−0.079%	$127K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5166	−0.046%	$29K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5143	−0.200%	$49.4M	$14.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5180	+0.046%	$54.1M	$32.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5159	−0.094%	$473K	$54K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5182	+0.060%	$2.1M	$6.7M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5166	−0.045%	$58K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0120% / S −0.0086%	1h	1.5154	−0.126%	$786K	—	200x	as long as short
Coinbase International XRP-PERP-INTX	+0.0160%	1h	1.5166	−0.046%	$5.3M	$47.7M	50x	as long as short
Kalshi KXXRPPERP	+0.0168%	8h	1.5161	−0.079%	$1.7M	$33.2M	2.9x	as long as short
Hyperliquid XRP	+0.0177%	1h	1.5187	+0.092%	$290.3M	$268.0M	20x	as long as short
Backpack XRP_USDC_PERP	+0.0194%	1h	1.5188	+0.099%	$2.0M	$1.3M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5154	−0.125%	$23.8M	$77.4M	125x	as long as short
Reya XRPRUSDPERP	+0.0221%	1h	1.5151	−0.147%	$1.3M	$4K	15x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5147	−0.170%	$518K	$788K	10x	as long as short
Aftermath Perps XRPUSD	+0.0555%	1h	1.5168	−0.030%	$2K	$16K	10x	as long as short