XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Nado−0.089%7-day average −0.001% · 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−$288as in the Price arb table

costs, in and out, $10k−$2792.793% of the position

Long on Nado Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.094%−$9 on $10k

Price spread, last 3 days (all we have)+0.136%+$14 · spread now −0.089%, 7d avg −0.001%

Together, before fees+0.042%+ Points / potential airdropNado: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.088% cheaper against Nado than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.001%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XRP-PERP	1.5149	0.0100	pay 0.0012% / 1h	44m 51s	$864K	$5.8M	20x
Short	gTrade (Gains Network) XRP/USD	1.5136	L +0.0003% / S −0.0004%	get 0.0001% / 1h	44m 51s	$253K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Nado. 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 NadobpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.089%Rate

Funding earned: −$20.13
Price spread: −0.089% → −0.001%: −$8.77
Slippage, 4 orders: −$262.31
Fee Nado: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$308.22
Costs to cover: 2.793%
Break-even: never at this rate

Slippage from Nado: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle venue), 24 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, 4 min ago	0.33 bp	5.0 bp −$5	11.2 bp −$112	45.6 bp −$4,564	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 24 min ago	130.04 bp	135.0 bp −$135	193.1 bp −$1,931	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
Hotstuff XRP-PERP	−0.0080%	1h	1.5152	+0.017%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5145	−0.028%	$1.1M	$120K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5160	+0.069%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USDshort	L +0.0003% / S −0.0004%	1h	1.5136	−0.089%	$253K	—	150x
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5137	−0.083%	$9.0M	$25.0M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0023% / S +0.0065%	1h	1.5136	−0.092%	$830K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.710%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5133	−0.110%	$14.6M	$72.3M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0068%	8h	1.5141	−0.056%	$57K	$945K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5137	−0.084%	$2.8M	$14.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5141	−0.056%	$518K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5141	−0.056%	$11K	$305K	20x	as long as short
Nado XRP-PERPlong	+0.0100%	1h	1.5149	long leg	$864K	$5.8M	20x
Aster XRPUSDT	+0.0100%	8h	1.5146	−0.026%	$38.3M	$84.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5154	+0.029%	$611K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5150	+0.003%	$536.3M	$2.10B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5141	−0.056%	$337.2M	$938.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5142	−0.050%	$123.4M	$870.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5157	+0.050%	$564K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5154	+0.030%	$115K	$722K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5183	+0.220%	$1.6M	$305K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5147	−0.017%	$367.4M	$150.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5150	+0.003%	$290.8M	$898.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5145	−0.032%	$108.3M	$171.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5146	−0.023%	$264.7M	$384.0M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5149	−0.003%	—	$126.8M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5155	+0.037%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5178	+0.189%	$660K	$108.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5207	+0.380%	$1.1M	$38.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5185	+0.234%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5150	+0.001%	—	$12K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5146	−0.023%	$45K	$453K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5142	−0.053%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5142	−0.048%	$815K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5152	+0.016%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5137	−0.083%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5142	−0.048%	$49.6M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5136	−0.089%	$53.7M	$29.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5154	+0.031%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5146	−0.026%	$2.0M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5137	−0.079%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5148	−0.010%	$8K	$8K	10x	as long as short
Hyperliquid XRP	+0.0180%	1h	1.5152	+0.017%	$280.3M	$223.1M	20x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5139	−0.067%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5145	−0.030%	$5.7M	$46.5M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.287%	$24.0M	$75.2M	125x	as long as short
Hibachi XRP/USDT-P	+0.0328%	1h	1.5156	+0.041%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0333%	8h	1.5157	+0.050%	$2.1M	$36.0M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0358%	1h	1.5150	+0.003%	$1.9M	$1.3M	25x	as long as short
RISEx XRP/USDC	+0.0456%	1h	1.5151	+0.011%	$536K	$782K	10x	as long as short
Aftermath Perps XRPUSD	+0.0806%	1h	1.5171	+0.145%	$2K	$14K	10x	as long as short