Funding you earn now, next payment 11:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Paradex+0.090%7-day average −0.035% · 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−$275as in the Price arb table
costs, in and out, $10k−$2872.871% of the position
Funding, last 4 days (all we have)−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.090%, 7d avg −0.035%
=Together, before fees−0.205%+ Points / potential airdropParadex: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.124% dearer against Paradex than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of −0.035%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XRP-USD-PERP | 1.5343 | 0.0099 | pay 0.0099% / 8h | 5h 51m | $478K | $47K | 50x |
| Short | gTrade (Gains Network) XRP/USD | 1.5357 | L +0.0003% / S −0.0004% | get 0.0000% / 1h | 51m 51s | $246K | — | 150x |
Paradex XRP-USD-PERP
gTrade (Gains Network) XRP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Paradex. 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
- −$20.01
- Price spread: +0.090% → −0.035%
- $12.44
- Slippage, 4 orders
- −$273.11
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$294.68
- Costs to cover
- 2.871%
- Break-even
- never at this rate
Slippage from Paradex: live order book, 60 min ago; gTrade (Gains Network): virtual book (oracle exchange), 60 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 Paradex live order book, 60 min ago | 6.52 bp | 8.5 bp −$9 | 140.9 bp −$1,409 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle exchange), 60 min ago | 130.04 bp | 135.0 bp −$135 | 193.1 bp −$1,931 | 1958.1 bp −$195.8K | doesn't fit |
XRP on 50 exchanges
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 | 1.5403 | +0.391% | $5K | $4K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0062% | 1h | 1.5345 | +0.011% | $14.1M | $71.5M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5343 | +0.002% | $1.1M | $154K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5360 | +0.111% | $69K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5340 | −0.019% | $7.8M | $21.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USDshort | L +0.0003% / S −0.0004% | 1h | 1.5357 | +0.090% | $246K | — | 150x | |
| 01 Exchange XRPUSD | +0.0008% | 1h | 1.5335 | −0.052% | $9K | $987 | 10x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.415% | $2K | $107K | 30x | as long as short |
| SoDEX XRP-USD | +0.0048% | 1h | 1.5345 | +0.013% | $29K | $1.5M | 10x | as long as short |
| Ondo Perps XRP-USD.P | +0.0087% | 1h | 1.5365 | +0.144% | $565K | $37K | 5x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
01 Exchange XRPUSD
Injective XRP/USDC PERP
SoDEX XRP-USD
Ondo Perps XRP-USD.PShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5346 | +0.018% | $2.8M | $14.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5347 | +0.026% | $599K | $3.1M | 20x | as long as short |
| Paradex XRP-USD-PERPlong | +0.0099% | 8h | 1.5343 | long leg | $478K | $47K | 50x | |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5335 | −0.052% | $10K | $402K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5332 | −0.074% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5358 | +0.098% | $299.4M | $266.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5328 | −0.097% | $39.3M | $81.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5342 | −0.006% | $593K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5324 | −0.124% | $534.6M | $2.09B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5326 | −0.111% | $361.8M | $890.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5324 | −0.124% | $124.7M | $837.2M | 100x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5346 | +0.020% | $165K | $681K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5379 | +0.235% | $1.6M | $25K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5334 | −0.058% | $382.6M | $155.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5332 | −0.071% | $312.2M | $888.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5344 | +0.006% | $106.7M | $181.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5335 | −0.052% | $272.1M | $357.5M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5324 | −0.124% | — | $4.2M | — | as long as short |
| Backpack XRP_USDC_PERP | +0.0100% | 1h | 1.5356 | +0.085% | $2.0M | $1.2M | 25x | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5375 | +0.206% | $5.0M | $38.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5375 | +0.210% | $668K | $109.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5368 | +0.163% | $1.1M | $30.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5372 | +0.189% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5342 | −0.003% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5335 | −0.052% | $52K | $475K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5336 | −0.048% | $42K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5335 | −0.052% | $83K | $613K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5339 | −0.024% | $129K | $1.5M | 30x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5341 | −0.012% | $50.0M | $14.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5346 | +0.020% | $54.7M | $33.3M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5329 | −0.089% | $2.2M | $6.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5332 | −0.068% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0112% | 1h | 1.5343 | 0.000% | $5.5M | $44.4M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0120% | 1h | 1.5359 | +0.104% | $17K | $76K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0139% | 8h | 1.5341 | −0.013% | $1.9M | $35.0M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0203% / S −0.0551% | 1h | 1.5345 | +0.012% | $805K | — | 200x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5358 | +0.098% | $23.9M | $78.5M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0223% | 1h | 1.5332 | −0.072% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5344 | +0.009% | $515K | $736K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0430% | 1h | 1.5375 | +0.206% | $3K | $13K | 10x | as long as short |
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Backpack XRP_USDC_PERP
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
SunX XRP-USDT
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Aevo XRP-PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
GMX XRP/USD [ETH-USDC]
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD