XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against ApeX Omni−0.086%173s7-day average −0.037% · 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—prices read too far apart to compare

costs, in and out, $10k−$2852.854% of the position

Long on ApeX Omni Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.102%−$10 on $10k

Price spread, last 4 days (all we have)+0.927%+$93 · spread now −0.086%, 7d avg −0.037%

Together, before fees+0.825%+$83 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 0.050% cheaper against ApeX Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.037%). Swap the legs. The two prices were read 173 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	ApeX Omni XRPUSDT	1.5492	0.0100	pay 0.0013% / 1h	56m 37s	$1.2M	$1.2M	50x
Short	gTrade (Gains Network) XRP/USD	1.5479	L +0.0003% / S −0.0004%	get 0.0000% / 1h	56m 37s	$251K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against ApeX Omni. 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 ApeX OmnibpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.086%Rate

Funding earned: −$20.18
Price spread: −0.086% → −0.037%: −$4.98
Slippage, 4 orders: −$265.35
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$310.5
Costs to cover: 2.854%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 37 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 ApeX Omni live order book, 2 min ago	1.94 bp	7.7 bp −$8	12.3 bp −$123	doesn't fit	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 37 min ago	130.05 bp	135.0 bp −$135	193.2 bp −$1,932	1958.1 bp −$195.8K	doesn't fit

XRP on 50 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	1.5445	−0.303%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5435	−0.367%	$1.1M	$155K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5490	−0.013%	$70K	$108K	15x	as long as short
gTrade (Gains Network) XRP/USDshort	L +0.0003% / S −0.0004%	1h	1.5479	−0.086%	$251K	—	150x
Deribit XRP_USDC-PERPETUAL	+0.0009%	1h	1.5450	−0.271%	$8.0M	$22.1M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0015%	1h	1.5452	−0.257%	$14.1M	$73.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.439%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0064%	1h	1.5436	−0.363%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5439	−0.339%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5452	−0.258%	$622K	$3.1M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5438	−0.349%	$17K	$378K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5453	−0.251%	$482K	$51K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5435	−0.365%	$993K	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5438	−0.349%	$39.2M	$83.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5442	−0.322%	$610K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5440	−0.336%	$538.7M	$2.12B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5436	−0.361%	$360.0M	$904.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5434	−0.374%	$126.6M	$851.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5434	−0.374%	$567K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5444	−0.310%	$167K	$705K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5425	−0.435%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5441	−0.329%	$386.2M	$155.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5439	−0.342%	$309.0M	$894.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5449	−0.276%	$109.6M	$180.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5440	−0.336%	$273.4M	$360.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5435	−0.368%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5471	−0.138%	$4.9M	$38.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5462	−0.194%	$672K	$113.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5484	−0.055%	$1.1M	$32.4M	20x	as long as short
ApeX Omni XRPUSDTlong	+0.0100%	1h	1.5492	long leg	$1.2M	$1.2M	50x
Vest XRP-PERP	+0.0100%	1h	1.5443	−0.314%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5438	−0.349%	$53K	$480K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5438	−0.346%	$41K	$66K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5445	−0.303%	$78K	$623K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5450	−0.269%	$130K	$1.6M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5447	−0.290%	$30K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5436	−0.361%	$50.4M	$14.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5438	−0.349%	$54.8M	$33.3M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5430	−0.399%	$2.1M	$5.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5445	−0.307%	$59K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0120%	1h	1.5440	−0.336%	$9K	$2K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0120%	1h	1.5449	−0.278%	$5.3M	$45.9M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0143% / S −0.0109%	1h	1.5484	−0.050%	$830K	—	200x	as long as short
Backpack XRP_USDC_PERP	+0.0148%	1h	1.5458	−0.219%	$2.0M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0169%	8h	1.5447	−0.290%	$1.7M	$32.9M	2.9x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5443	−0.316%	$23.8M	$79.4M	125x	as long as short
Reya XRPRUSDPERP	+0.0222%	1h	1.5433	−0.382%	$1.4M	$4K	15x	as long as short
RISEx XRP/USDC	+0.0272%	1h	1.5442	−0.320%	$516K	$796K	10x	as long as short
Hyperliquid XRP	+0.0289%	1h	1.5465	−0.174%	$299.0M	$266.9M	20x	as long as short
Aftermath Perps XRPUSD	+0.0482%	1h	1.5461	−0.200%	$3K	$15K	10x	as long as short