XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0101%/8h= −11.1% APRnext payment −$0.13 per $10,000 · paid last 24h +0.020%

Price spread now: Kraken Futures against Nado−0.130%7-day average +0.004% · 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−$44as in the Price arb table

costs, in and out, $10k−$300.304% of the position

Long on Nado Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.049%+$5 on $10k

Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.130%, 7d avg +0.004%

Together, before fees+0.132%+ Points / potential airdropNado: Active · farm board+$13 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 Kraken Futures is 0.134% cheaper against Nado than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.004%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XRP-PERP	1.5025	0.0100	pay 0.0012% / 1h	28m 45s	$911K	$6.3M	20x
Short	Kraken Futures PF_XRPUSD	1.5006	−0.0001	pay 0.0000% / 1h	28m 45s	$14.1M	$75.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.130%Rate

Funding earned: −$21.23
Price spread: −0.130% → +0.004%: −$13.42
Slippage, 4 orders: −$13.39
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$65.04
Costs to cover: 0.304%
Break-even: never at this rate

Slippage from Nado: live order book, 5 min ago; Kraken Futures: live order book, 5 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, 5 min ago	0.33 bp	5.8 bp −$6	12.3 bp −$123	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 5 min ago	1.33 bp	9.9 bp −$10	12.5 bp −$125	22.7 bp −$2,267	45.8 bp −$22.9K

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	1.5007	−0.120%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSDshort	−0.0001%	1h	1.5006	−0.130%	$14.1M	$75.1M	50x
dYdX XRP-USD	0.0000%	1h	1.4978	−0.314%	$1.1M	$130K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5030	+0.033%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5010	−0.103%	$257K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0017%	1h	1.5013	−0.080%	$7.6M	$25.7M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.560%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0069% / S −0.0013%	1h	1.5011	−0.092%	$786K	—	200x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5023	−0.014%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.4978	−0.313%	$2.8M	$15.0M	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	1.4981	−0.293%	$543K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.4976	−0.326%	$11K	$363K	20x	as long as short
Nado XRP-PERPlong	+0.0100%	1h	1.5025	long leg	$911K	$6.3M	20x
Hyperliquid XRP	+0.0100%	1h	1.5000	−0.167%	$286.6M	$260.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.4978	−0.315%	$38.2M	$87.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.4981	−0.293%	$599K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.4978	−0.316%	$524.2M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.4975	−0.333%	$339.5M	$964.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.4982	−0.287%	$124.4M	$888.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5006	−0.127%	$559K	$31K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.4988	−0.247%	$143K	$727K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5027	+0.012%	$1.6M	$4K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.4980	−0.300%	$367.8M	$158.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.4977	−0.320%	$283.1M	$916.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.4977	−0.319%	$104.4M	$180.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.4979	−0.306%	$263.7M	$398.2M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.4982	−0.287%	—	$105.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5004	−0.139%	$4.7M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5013	−0.079%	$652K	$112.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5011	−0.092%	$1.1M	$37.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5014	−0.074%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5018	−0.049%	—	$13K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5022	−0.020%	$51K	$493K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5014	−0.072%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5007	−0.120%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5006	−0.124%	$807K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5015	−0.064%	$126K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5005	−0.133%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5007	−0.118%	$49.0M	$15.8M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5005	−0.133%	$53.5M	$31.9M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.4979	−0.304%	$467K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.4977	−0.320%	$1.9M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5008	−0.117%	$58K	$25K	3x	as long as short
Kalshi KXXRPPERP	+0.0133%	8h	1.5018	−0.047%	$1.7M	$35.7M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0165%	1h	1.5014	−0.074%	$2.0M	$1.4M	25x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5009	−0.107%	$5.6M	$48.2M	50x	as long as short
Hibachi XRP/USDT-P	+0.0208%	1h	1.5008	−0.113%	$17K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5016	−0.058%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5011	−0.094%	$23.3M	$76.0M	125x	as long as short
RISEx XRP/USDC	+0.0305%	1h	1.4987	−0.255%	$511K	$780K	10x	as long as short
Aftermath Perps XRPUSD	+0.0604%	1h	1.5031	+0.038%	$2K	$16K	10x	as long as short