XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 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 Bulk−0.158%7-day average −0.034% · 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−$291as in the Price arb table

costs, in and out, $10k−$2782.781% of the position

Long on Bulk Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.101%−$10 on $10k

Price spread, last 4 days (all we have)+0.223%+$22 · spread now −0.158%, 7d avg −0.034%

Together, before fees+0.122%+$12 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 0.124% cheaper against Bulk than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.034%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk XRP-USD	1.5189	0.0100	pay 0.0013% / 1h	4m 23s	$1.6M	$13K	20x
Short	gTrade (Gains Network) XRP/USD	1.5165	L +0.0003% / S −0.0004%	get 0.0000% / 1h	4m 23s	$246K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bulk. 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 BulkbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.158%Rate

Funding earned: −$20.18
Price spread: −0.158% → −0.034%: −$12.43
Slippage, 4 orders: −$261.09
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$310.69
Costs to cover: 2.781%
Break-even: never at this rate

Slippage from Bulk: live order book, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 35 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 Bulk live order book, 5 min ago	0.33 bp	3.8 bp −$4	4.1 bp −$41	7.3 bp −$734	22.6 bp −$11.3K
Sell gTrade (Gains Network) virtual book (oracle venue), 35 min ago	130.05 bp	135.1 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	1.5189	0.000%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5168	−0.139%	$1.1M	$148K	10x	as long as short
gTrade (Gains Network) XRP/USDshort	L +0.0003% / S −0.0004%	1h	1.5165	−0.158%	$246K	—	150x
Deribit XRP_USDC-PERPETUAL	+0.0013%	1h	1.5192	+0.020%	$7.7M	$24.0M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.443%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0078%	1h	1.5185	−0.027%	$14.6M	$73.7M	50x	as long as short
Hibachi XRP/USDT-P	+0.0080%	1h	1.5186	−0.019%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5170	−0.123%	$2.8M	$15.2M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5176	−0.086%	$604K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5167	−0.145%	$20K	$382K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5164	−0.161%	$998K	$6.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5168	−0.138%	$38.5M	$86.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5172	−0.110%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5164	−0.165%	$529.2M	$2.21B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5162	−0.178%	$349.9M	$947.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5163	−0.171%	$127.5M	$862.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5172	−0.112%	$565K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5176	−0.086%	$143K	$714K	20x	as long as short
Bulk XRP-USDlong	+0.0100%	1h	1.5189	long leg	$1.6M	$13K	20x
Gate XRP_USDT	+0.0100%	8h	1.5164	−0.165%	$377.6M	$163.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5164	−0.165%	$309.6M	$930.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5169	−0.132%	$106.7M	$183.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5163	−0.171%	$268.8M	$388.7M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5166	−0.151%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5165	−0.155%	$4.8M	$38.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5174	−0.099%	$659K	$113.2M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5174	−0.099%	$1.1M	$33.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5182	−0.046%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5176	−0.087%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5169	−0.132%	$52K	$515K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5185	−0.024%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5168	−0.138%	$77K	$689K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5185	−0.029%	$817K	$77K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5190	+0.009%	$127K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5184	−0.033%	$29K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5169	−0.131%	$49.5M	$15.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5186	−0.020%	$54.1M	$32.6M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5172	−0.114%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5165	−0.159%	$2.1M	$6.9M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5175	−0.092%	$8K	$2K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5166	−0.153%	$58K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0110% / S −0.0072%	1h	1.5165	−0.158%	$783K	—	200x	as long as short
Hyperliquid XRP	+0.0143%	1h	1.5178	−0.072%	$289.7M	$268.2M	20x	as long as short
Kalshi KXXRPPERP	+0.0164%	8h	1.5189	0.000%	$1.8M	$33.7M	2.9x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5189	0.000%	$5.6M	$48.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0182%	1h	1.5198	+0.059%	$2.0M	$1.4M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5184	−0.033%	$23.6M	$77.8M	125x	as long as short
Reya XRPRUSDPERP	+0.0220%	1h	1.5163	−0.174%	$1.3M	$4K	15x	as long as short
RISEx XRP/USDC	+0.0394%	1h	1.5174	−0.098%	$521K	$798K	10x	as long as short
Phoenix XRP	+0.0526%	1h	1.5190	+0.007%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0575%	1h	1.5175	−0.090%	$2K	$16K	10x	as long as short