Funding you earn now, next payment 04:00 UTC+0.0171%/8h= +18.7% APRnext payment +$0.21 per $10,000 · paid last 24h −0.022%
Price spread now: Nado against Kraken Futures−0.002%7-day average −0.007% · 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−$24as in the Price arb table
costs, in and out, $10k−$240.244% of the position
Funding, last 3 days (all we have)−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)+0.241%+$24 · spread now −0.002%, 7d avg −0.007%
=Together, before fees+0.189%+ Points / potential airdropNado: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.052%, 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 | 1.5138 | −0.0071 | get 0.0009% / 1h | 17m 47s | $14.3M | $73.8M | 50x |
| Short | Nado XRP-PERP | 1.5137 | 0.0100 | get 0.0012% / 1h | 17m 47s | $1.1M | $6.0M | 20x |
Kraken Futures PF_XRPUSD
Nado XRP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $35.87
- Price spread: −0.002% → −0.007%
- $0.5
- Slippage, 4 orders
- −$7.39
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $11.98
- Costs to cover
- 0.244%
- Break-even
- 4.7 days
Slippage from Kraken Futures: live order book, 1 min ago; Nado: live order book, 1 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 | 2.31 bp | 7.7 bp −$8 | 11.3 bp −$113 | 19.9 bp −$1,991 | 41.1 bp −$20.5K |
| Sell Nado live order book, 1 min ago | 0.33 bp | 3.8 bp −$4 | 8.0 bp −$80 | 34.7 bp −$3,466 | 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 | 1.5136 | −0.012% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSDlong | −0.0071% | 1h | 1.5138 | long leg | $14.3M | $73.8M | 50x | |
| dYdX XRP-USD | 0.0000% | 1h | 1.5149 | +0.077% | $1.1M | $111K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5190 | +0.345% | $68K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5140 | +0.014% | $7.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5133 | −0.030% | $253K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.789% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0044% / S +0.0024% | 1h | 1.5133 | −0.034% | $789K | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0087% | 8h | 1.5136 | −0.012% | $62K | $934K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5152 | +0.092% | $2.8M | $14.6M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Orderly PERP_XRP_USDC
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 | 1.5154 | +0.107% | $498K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5135 | −0.019% | $11K | $326K | 20x | as long as short |
| Nado XRP-PERPshort | +0.0100% | 1h | 1.5137 | −0.002% | $1.1M | $6.0M | 20x | |
| Hyperliquid XRP | +0.0100% | 1h | 1.5161 | +0.153% | $280.5M | $227.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5147 | +0.061% | $38.3M | $83.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5155 | +0.111% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5155 | +0.113% | $534.5M | $2.12B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5154 | +0.107% | $347.2M | $934.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5156 | +0.120% | $126.1M | $874.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5132 | −0.039% | $565K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5156 | +0.120% | $110K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5174 | +0.239% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5147 | +0.061% | $369.2M | $154.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5154 | +0.107% | $290.5M | $901.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5151 | +0.089% | $108.0M | $174.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5153 | +0.100% | $268.1M | $384.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5152 | +0.094% | — | $127.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5167 | +0.191% | $5.1M | $37.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5172 | +0.225% | $659K | $108.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5174 | +0.239% | $1.1M | $36.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5169 | +0.206% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5135 | −0.019% | $44K | $454K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5134 | −0.026% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5137 | −0.007% | $814K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5140 | +0.016% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5138 | +0.001% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5138 | +0.002% | $49.5M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5142 | +0.028% | $54.0M | $30.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5155 | +0.113% | $472K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5139 | +0.009% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5145 | +0.051% | $2.0M | $6.8M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5140 | +0.014% | $8K | $8K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5134 | −0.024% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0177% | 1h | 1.5152 | +0.094% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5143 | +0.034% | $5.6M | $47.0M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0200% | 1h | 1.5169 | +0.207% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5130 | −0.052% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5155 | +0.113% | $24.2M | $76.1M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0314% | 8h | 1.5145 | +0.047% | $2.1M | $34.6M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5139 | +0.007% | $515K | $775K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0663% | 1h | 1.5165 | +0.181% | $2K | $15K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Hyperliquid XRP
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
GRVT XRP_USDT_Perp
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
Vest XRP-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD