Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Phemex−0.013%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.377% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.013%, 7d avg −0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XRPUSDT | 1.5067 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $53.7M | $31.8M | 50x |
| Short | Gate XRP_USDT | 1.5065 | 0.0100 | get 0.0100% / 8h | 2h 37m | $371.3M | $157.2M | 100x |
Phemex XRPUSDT
Gate XRP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Phemex. 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
- $0
- Price spread: −0.013% → −0.003%
- −$0.98
- Slippage, 4 orders
- −$10.73
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$38.71
- Costs to cover
- 0.377%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Gate: live order book, 2 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 Phemex live order book, 2 min ago | 0.33 bp | 10.8 bp −$11 | 14.8 bp −$148 | 23.9 bp −$2,395 | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.33 bp | 9.4 bp −$9 | 14.2 bp −$142 | 30.9 bp −$3,095 | 42.5 bp −$21.2K |
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 | 1.5052 | −0.100% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5066 | −0.004% | $14.2M | $75.2M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5053 | −0.092% | $1.1M | $115K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5050 | −0.113% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5065 | −0.016% | $258K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0015% | 1h | 1.5074 | +0.046% | $7.6M | $25.7M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.272% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.5064 | −0.021% | $788K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5061 | −0.040% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5067 | −0.002% | $2.8M | $14.8M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
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 | 1.5069 | +0.013% | $495K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5052 | −0.100% | $11K | $359K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5060 | −0.044% | $904K | $6.2M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5076 | +0.060% | $289.2M | $258.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5064 | −0.020% | $38.4M | $86.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5062 | −0.031% | $604K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5065 | −0.013% | $529.7M | $2.19B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5068 | +0.007% | $342.3M | $957.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5069 | +0.013% | $124.5M | $892.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5036 | −0.206% | $560K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5069 | +0.013% | $136K | $716K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5057 | −0.067% | $1.6M | $30K | 20x | as long as short |
| Gate XRP_USDTshort | +0.0100% | 8h | 1.5065 | −0.013% | $371.3M | $157.2M | 100x | |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5066 | −0.007% | $289.8M | $910.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5065 | −0.013% | $106.5M | $180.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5067 | 0.000% | $266.5M | $396.2M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5064 | −0.020% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5042 | −0.166% | $4.7M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5018 | −0.327% | $653K | $111.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5041 | −0.170% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5016 | −0.338% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5067 | 0.000% | $51K | $493K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5063 | −0.024% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5065 | −0.013% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5063 | −0.023% | $810K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5068 | +0.009% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5068 | +0.007% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5067 | +0.001% | $49.2M | $15.8M | 75x | as long as short |
| Phemex XRPUSDTlong | +0.0100% | 8h | 1.5067 | long leg | $53.7M | $31.8M | 50x | |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5069 | +0.013% | $470K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5058 | −0.060% | — | $13K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5064 | −0.022% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5067 | 0.000% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0117% | 8h | 1.5069 | +0.013% | $1.7M | $35.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0167% | 1h | 1.5077 | +0.066% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5070 | +0.020% | $5.6M | $48.4M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0216% | 1h | 1.5046 | −0.138% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5061 | −0.037% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5064 | −0.020% | $23.5M | $76.1M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5068 | +0.009% | $514K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0612% | 1h | 1.5067 | +0.002% | $2K | $15K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
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
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Paradex XRP-USD-PERP
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD