XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0236%/8h= −25.8% APRnext payment −$0.29 per $10,000 · paid last 24h −0.139%

Price spread now: gTrade (Gains Network) against RISEx−0.095%7-day average −0.068% · 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−$280as in the Price arb table

costs, in and out, $10k−$2782.775% of the position

Long on RISEx Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.427%−$43 on $10k

Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.095%, 7d avg −0.068%

Together, before fees−0.380%−$38 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and gTrade (Gains Network) is 0.027% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.068%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XRP/USDC	1.5333	0.0239	pay 0.0030% / 1h	5m 53s	$507K	$723K	10x
Short	gTrade (Gains Network) XRP/USD	1.5318	L +0.0003% / S −0.0004%	get 0.0000% / 1h	5m 53s	$242K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against RISEx. 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 RISExbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.095%Rate

Funding earned: −$49.46
Price spread: −0.095% → −0.068%: −$2.7
Slippage, 4 orders: −$261.54
Fee RISEx: 3 bp × 2 orders: −$6
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$329.7
Costs to cover: 2.775%
Break-even: never at this rate

Slippage from RISEx: live order book, 41 min ago; gTrade (Gains Network): virtual book (oracle exchange), 41 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 RISEx live order book, 41 min ago	0.75 bp	3.8 bp −$4	9.4 bp −$94	doesn't fit	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle exchange), 41 min ago	130.02 bp	135.0 bp −$135	193.2 bp −$1,932	1958.2 bp −$195.8K	doesn't fit

XRP on 51 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	1.5395	+0.406%	$5K	$4K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0062%	1h	1.5327	−0.038%	$13.8M	$69.3M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5317	−0.103%	$1.1M	$154K	10x	as long as short
01 Exchange XRPUSD	0.0000%	1h	1.5331	−0.011%	$9K	$987	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5290	−0.278%	$68K	$108K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5327	−0.037%	$7.7M	$20.2M	50x	as long as short
gTrade (Gains Network) XRP/USDshort	L +0.0003% / S −0.0004%	1h	1.5318	−0.095%	$242K	—	150x
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.482%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0088%	1h	1.5312	−0.138%	$17K	$70K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5326	−0.047%	$2.8M	$14.2M	20x	as long as short

Show all 51 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5329	−0.024%	$599K	$3.2M	20x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5324	−0.057%	$478K	$47K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5322	−0.070%	$10K	$410K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5321	−0.075%	$838K	$6.0M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5334	+0.008%	$297.4M	$264.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5322	−0.070%	$38.9M	$79.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5325	−0.050%	$589K	$987K	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5324	−0.057%	$532.9M	$2.04B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5323	−0.063%	$361.3M	$860.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5322	−0.070%	$124.1M	$824.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5267	−0.428%	$562K	$37K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5330	−0.018%	$163K	$694K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5282	−0.330%	$1.6M	$66K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5323	−0.063%	$377.5M	$161.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5322	−0.070%	$316.0M	$908.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5322	−0.068%	$104.9M	$180.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5325	−0.050%	$271.3M	$350.2M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5322	−0.070%	—	$98.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5273	−0.392%	$4.9M	$38.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5277	−0.360%	$664K	$106.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5299	−0.220%	$1.1M	$32.7M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5287	−0.298%	$1.2M	$1.2M	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5330	−0.018%	$52K	$470K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5328	−0.030%	$41K	$64K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5325	−0.050%	$83K	$601K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5303	−0.194%	$823K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5334	+0.007%	$128K	$1.5M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5323	−0.063%	$32K	$1.4M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5316	−0.112%	$49.9M	$13.2M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5324	−0.057%	$54.7M	$33.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5327	−0.037%	—	$15K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5317	−0.106%	$2.2M	$6.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5320	−0.083%	$59K	$25K	3x	as long as short
Coinbase International XRP-PERP-INTX	+0.0112%	1h	1.5326	−0.044%	$5.5M	$42.6M	50x	as long as short
Kalshi KXXRPPERP	+0.0117%	8h	1.5329	−0.024%	$1.9M	$35.4M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0156%	1h	1.5333	+0.002%	$2.0M	$1.2M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5313	−0.128%	$23.7M	$77.5M	125x	as long as short
Reya XRPRUSDPERP	+0.0224%	1h	1.5325	−0.053%	$1.4M	$1K	15x	as long as short
RISEx XRP/USDClong	+0.0239%	1h	1.5333	long leg	$507K	$723K	10x
GMX XRP/USD [ETH-USDC]	L +0.0245% / S −0.0472%	1h	1.5328	−0.032%	$886K	—	200x	as long as short
Aftermath Perps XRPUSD	+0.0362%	1h	1.5299	−0.220%	$3K	$13K	10x	as long as short