XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: gTrade (Gains Network) against dYdX+0.051%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$307as in the Price arb table

costs, in and out, $10k−$3123.120% of the position

Long on dYdX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.003%$0 on $10k

Price spread, last 3 days (all we have)+0.015%+$2 · spread now +0.051%, 7d avg −0.002%

Together, before fees+0.018%+$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: gTrade (Gains Network) is 0.053% dearer against dYdX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XRP-USD	1.5297	0	get 0.0000% / 1h	47m 10s	$1.1M	$113K	10x
Short	gTrade (Gains Network) XRP/USD	1.5305	L +0.0003% / S −0.0004%	get 0.0001% / 1h	47m 10s	$256K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against dYdX. 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 dYdXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.051%Rate

Funding earned: $0.87
Price spread: +0.051% → −0.002%: $5.3
Slippage, 4 orders: −$291.98
Fee dYdX: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$305.82
Costs to cover: 3.120%
Break-even: 2469.6 days

Slippage from dYdX: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 27 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 dYdX live order book, 2 min ago	15.68 bp	21.2 bp −$21	23.7 bp −$237	24.4 bp −$2,442	127.0 bp −$63.5K
Sell gTrade (Gains Network) virtual book (oracle venue), 27 min ago	130.04 bp	135.0 bp −$135	193.2 bp −$1,932	1958.2 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	1.5311	+0.090%	$7K	$2K	20x	as long as short
dYdX XRP-USDlong	0.0000%	1h	1.5297	long leg	$1.1M	$113K	10x
gTrade (Gains Network) XRP/USDshort	L +0.0003% / S −0.0004%	1h	1.5305	+0.051%	$256K	—	150x
GMX XRP/USD [ETH-USDC]	L +0.0010% / S +0.0085%	1h	1.5301	+0.026%	$839K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.718%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0062%	8h	1.5312	+0.097%	$75K	$910K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0077%	1h	1.5309	+0.077%	$9.3M	$25.4M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5316	+0.120%	$2.8M	$13.8M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5316	+0.123%	$511K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5300	+0.018%	$11K	$276K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XRP-USD-PERP	+0.0100%	8h	1.5298	+0.007%	$477K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5297	+0.002%	$1.0M	$5.6M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5311	+0.090%	$38.7M	$83.7M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5304	+0.044%	$619K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5315	+0.115%	$538.1M	$2.07B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5314	+0.110%	$340.5M	$929.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5314	+0.110%	$124.8M	$878.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5292	−0.034%	$572K	$48K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5302	+0.031%	$116K	$710K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5306	+0.055%	$1.6M	$562K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5313	+0.103%	$372.4M	$148.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5314	+0.110%	$296.9M	$895.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5311	+0.091%	$108.6M	$167.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5315	+0.116%	$268.1M	$376.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5308	+0.071%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5329	+0.209%	$6.4M	$35.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5308	+0.067%	$665K	$107.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5305	+0.054%	$1.1M	$39.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5310	+0.084%	$1.0M	$902K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5297	−0.001%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5300	+0.018%	$48K	$443K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5305	+0.051%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5313	+0.101%	$824K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5312	+0.095%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5308	+0.071%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5310	+0.083%	$50.2M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5316	+0.123%	$54.5M	$29.7M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5303	+0.040%	$2.1M	$7.2M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5303	+0.038%	$8K	$8K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5306	+0.057%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5296	−0.006%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5311	+0.090%	$24.0M	$74.4M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5314	+0.110%	$5.8M	$46.3M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0241%	1h	1.5323	+0.169%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0244%	1h	1.5308	+0.068%	$14.5M	$70.6M	50x	as long as short
Hibachi XRP/USDT-P	+0.0296%	1h	1.5295	−0.013%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0316%	8h	1.5313	+0.103%	$2.0M	$35.2M	2.9x	as long as short
Hyperliquid XRP	+0.0419%	1h	1.5327	+0.195%	$290.4M	$216.1M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5320	+0.149%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0799%	1h	1.5332	+0.227%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5303	+0.039%	$506K	$755K	10x	as long as short