Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.12 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Nado+0.016%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$510.511% of the position
Funding, last 3 days (all we have)−0.095%−$10 on $10k
+Price spread, last 4 days (all we have)−0.346%−$35 · spread now +0.016%, 7d avg −0.031%
=Together, before fees−0.441%+ Points / potential airdropNado: Active · farm board−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.047% dearer against Nado than usual: you sell high and buy low (spread +0.016% now, against its 7-day average of −0.031%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado XRP-PERP | 1.5382 | 0.0100 | pay 0.0012% / 1h | 25m 59s | $1.1M | $5.5M | 20x |
| Short | dYdX XRP-USD | 1.5384 | 0 | get 0.0000% / 1h | 25m 59s | $1.1M | $113K | 10x |
Nado XRP-PERP
dYdX XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Nado. 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
- −$21
- Price spread: +0.016% → −0.031%
- $4.7
- Slippage, 4 orders
- −$34.08
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$67.37
- Costs to cover
- 0.511%
- Break-even
- never at this rate
Slippage from Nado: live order book, 3 min ago; dYdX: live order book, 3 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 Nado live order book, 3 min ago | 0.32 bp | 4.5 bp −$5 | 9.8 bp −$98 | 46.3 bp −$4,630 | doesn't fit |
| Sell dYdX live order book, 3 min ago | 16.22 bp | 21.2 bp −$21 | 38.8 bp −$388 | 165.5 bp −$16.6K | 346.3 bp −$173.1K |
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 | 1.5388 | +0.041% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USDshort | 0.0000% | 1h | 1.5384 | +0.016% | $1.1M | $113K | 10x | |
| Phoenix XRP | 0.0000% | 1h | 1.5420 | +0.249% | $69K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5378 | −0.022% | $266K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0006% / S +0.0098% | 1h | 1.5377 | −0.027% | $831K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0010% | 1h | 1.5381 | −0.004% | $9.4M | $25.6M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5377 | −0.027% | $15.0M | $69.6M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0058% | 8h | 1.5382 | +0.002% | $76K | $910K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +1.159% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5382 | +0.004% | $2.9M | $12.8M | 20x | as long as short |
Hotstuff XRP-PERP
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
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 | 1.5384 | +0.015% | $438K | $3.2M | 20x | as long as short |
| Nado XRP-PERPlong | +0.0100% | 1h | 1.5382 | long leg | $1.1M | $5.5M | 20x | |
| Aster XRPUSDT | +0.0100% | 8h | 1.5377 | −0.030% | $39.2M | $81.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5388 | +0.041% | $633K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5380 | −0.010% | $547.7M | $2.04B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5379 | −0.017% | $342.1M | $923.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5378 | −0.024% | $125.3M | $881.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5382 | +0.002% | $573K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5390 | +0.054% | $116K | $757K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5410 | +0.184% | $1.7M | $572K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5378 | −0.024% | $361.4M | $147.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5377 | −0.030% | $294.0M | $883.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5376 | −0.035% | $109.9M | $164.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5376 | −0.037% | $268.3M | $373.5M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5379 | −0.017% | — | $121.3M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5385 | +0.020% | $11.4M | $30.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5405 | +0.151% | $669K | $104.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5414 | +0.212% | $1.1M | $40.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5406 | +0.158% | $1.0M | $900K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5385 | +0.022% | $47K | $455K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5381 | −0.003% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5380 | −0.008% | $828K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5388 | +0.043% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5380 | −0.011% | $31K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5379 | −0.019% | $50.5M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5384 | +0.015% | $54.7M | $29.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5384 | +0.012% | $480K | $54K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5389 | +0.045% | — | $10K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5386 | +0.028% | $11K | $268K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5374 | −0.051% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5379 | −0.020% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5387 | +0.035% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5381 | −0.005% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5416 | +0.223% | $24.4M | $74.5M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5386 | +0.028% | $5.8M | $47.3M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0264% | 1h | 1.5406 | +0.161% | $18K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0264% | 1h | 1.5385 | +0.022% | $1.7M | $1.0M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0305% | 8h | 1.5404 | +0.145% | $2.0M | $34.3M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0586% | 1h | 1.5398 | +0.106% | $292.8M | $212.5M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5397 | +0.098% | $500K | $635K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0786% | 1h | 1.5427 | +0.296% | $1K | $11K | 10x | as long as short |
Lighter RH 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
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD