Funding you earn now, next payment 23:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Variational Omni−0.617%51s7-day average +0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.088%−$9 on $10k
+Price spread, last 3 days (all we have)+0.994%+$99 · spread now −0.617%, 7d avg +0.015%
=Together, before fees+0.906%+ Points / potential airdropVariational Omni: Active · farm board+$91 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 0.632% cheaper against Variational Omni than usual: you would sell low and buy high (−$63 if the spread goes back to its 7-day average of +0.015%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XRP | 1.5595 | 0.0100 | pay 0.0100% / 8h | 1h 31m | $11.8M | $30.1M | — |
| Short | gTrade (Gains Network) XRP/USD | 1.5498 | L +0.0003% / S −0.0004% | get 0.0001% / 1h | 31m 39s | $259K | — | 150x |
Variational Omni XRP
gTrade (Gains Network) XRP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Variational Omni. 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
- −$20.13
- Price spread: −0.617% → +0.015%
- −$63.16
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$93.29
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 52 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 3 min ago | 2.03 bp | doesn't fit | 2.3 bp −$23 | 18.4 bp −$1,836 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 52 min ago | 130.03 bp | 135.0 bp −$135 | 193.2 bp −$1,932 | 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 | 1.5499 | −0.614% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5497 | −0.625% | $1.1M | $104K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5499 | −0.614% | $9.6M | $25.2M | 50x | as long as short |
| gTrade (Gains Network) XRP/USDshort | L +0.0003% / S −0.0004% | 1h | 1.5498 | −0.617% | $259K | — | 150x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5290 | −1.954% | $2K | $86K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0041% | 1h | 1.5509 | −0.549% | $15.6M | $68.4M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0053% | 8h | 1.5496 | −0.633% | $77K | $941K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0082% / S +0.0128% | 1h | 1.5498 | −0.622% | $913K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5496 | −0.634% | $3.0M | $12.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5498 | −0.620% | $454K | $3.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5498 | −0.617% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5494 | −0.643% | $39.2M | $77.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5497 | −0.627% | $669K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5493 | −0.650% | $557.9M | $1.96B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5492 | −0.659% | $346.9M | $887.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5492 | −0.659% | $127.0M | $871.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5515 | −0.511% | $577K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5498 | −0.620% | $118K | $737K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5683 | +0.566% | $1.7M | $616K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5491 | −0.665% | $373.1M | $139.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5493 | −0.652% | $291.2M | $842.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5493 | −0.652% | $113.4M | $158.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5490 | −0.671% | $270.0M | $360.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5492 | −0.659% | — | $117.2M | — | as long as short |
| Variational Omni XRPlong | +0.0100% | 8h | 1.5595 | long leg | $11.8M | $30.1M | — | |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5564 | −0.200% | $677K | $100.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5554 | −0.258% | $1.1M | $41.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5582 | −0.081% | $1.0M | $881K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5495 | −0.639% | $46K | $445K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5500 | −0.607% | $42K | $65K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5498 | −0.618% | $834K | $79K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5509 | −0.550% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5500 | −0.607% | $32K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5491 | −0.664% | $50.9M | $15.3M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5508 | −0.556% | $55.3M | $29.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5505 | −0.574% | — | $10K | 10x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5491 | −0.662% | $483K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5494 | −0.646% | $12K | $250K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5487 | −0.692% | $2.2M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5496 | −0.633% | $72K | $40K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0160% | 1h | 1.5528 | −0.429% | $18K | $81K | 7x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5498 | −0.620% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0211% | 1h | 1.5497 | −0.629% | $1.4M | $9K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5512 | −0.530% | $5.8M | $46.8M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5518 | −0.492% | $24.6M | $73.3M | 125x | as long as short |
| Backpack XRP_USDC_PERP | +0.0260% | 1h | 1.5501 | −0.601% | $1.8M | $994K | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0317% | 8h | 1.5521 | −0.473% | $1.9M | $32.5M | 2.9x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5570 | −0.158% | $69K | $90K | 15x | as long as short |
| RISEx XRP/USDC | +0.0527% | 1h | 1.5503 | −0.590% | $508K | $626K | 10x | as long as short |
| Hyperliquid XRP | +0.0596% | 1h | 1.5516 | −0.505% | $290.0M | $200.6M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0709% | 1h | 1.5580 | −0.096% | $1K | $11K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Vest XRP-PERP
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
01 Exchange XRPUSD
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Phoenix XRP
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD