Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.030%
Price spread now: Nado against dYdX+0.122%7-day average +0.023% · 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−$49as in the Price arb table
costs, in and out, $10k−$590.590% of the position
Funding, last 3 days (all we have)+0.100%+$10 on $10k
+Price spread, last 7 days−0.181%−$18 · spread now +0.122%, 7d avg +0.023%
=Together, before fees−0.081%+ Points / potential airdropNado: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.100% dearer against dYdX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XRP-USD | 1.5146 | 0 | get 0.0000% / 1h | 37m 45s | $1.1M | $114K | 10x |
| Short | Nado XRP-PERP | 1.5164 | 0.0100 | get 0.0012% / 1h | 37m 45s | $1.0M | $5.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against dYdX. 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
- $21
- Price spread: +0.122% → +0.023%
- $9.97
- Slippage, 4 orders
- −$42.04
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$28.07
- Costs to cover
- 0.590%
- Break-even
- 16.4 days
Slippage from dYdX: live order book, 1 min ago; Nado: live order book, 1 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, 1 min ago | 20.47 bp | 25.9 bp −$26 | 27.9 bp −$279 | 28.3 bp −$2,835 | 77.6 bp −$38.8K |
| Sell Nado live order book, 1 min ago | 0.33 bp | 3.8 bp −$4 | 8.2 bp −$82 | 40.0 bp −$4,001 | 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 | 1.5148 | +0.013% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5159 | +0.088% | $14.3M | $73.8M | 50x | as long as short |
| dYdX XRP-USDlong | 0.0000% | 1h | 1.5146 | long leg | $1.1M | $114K | 10x | |
| Phoenix XRP | 0.0000% | 1h | 1.5150 | +0.027% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5160 | +0.095% | $253K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5165 | +0.126% | $7.7M | $25.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.733% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0040% / S +0.0030% | 1h | 1.5160 | +0.095% | $789K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5159 | +0.086% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0081% | 8h | 1.5163 | +0.112% | $62K | $935K | 50x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5159 | +0.086% | $2.8M | $14.6M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5160 | +0.093% | $510K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0097% | 8h | 1.5153 | +0.046% | $10K | $324K | 20x | as long as short |
| Nado XRP-PERPshort | +0.0100% | 1h | 1.5164 | +0.122% | $1.0M | $5.9M | 20x | |
| Hyperliquid XRP | +0.0100% | 1h | 1.5169 | +0.152% | $281.7M | $225.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5161 | +0.099% | $38.3M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5149 | +0.021% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5162 | +0.106% | $534.2M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5164 | +0.119% | $345.0M | $931.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5160 | +0.093% | $125.9M | $875.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5175 | +0.192% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5107 | −0.257% | $113K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5146 | −0.002% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5161 | +0.099% | $370.0M | $153.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5159 | +0.086% | $289.8M | $897.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5163 | +0.112% | $108.0M | $173.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5160 | +0.093% | $267.9M | $384.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5162 | +0.106% | — | $126.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5148 | +0.011% | $5.4M | $37.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5151 | +0.034% | $658K | $108.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5180 | +0.225% | $1.1M | $35.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5149 | +0.020% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5163 | +0.112% | $44K | $453K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5161 | +0.101% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5166 | +0.130% | $816K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5165 | +0.127% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5161 | +0.099% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5159 | +0.088% | $49.6M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5158 | +0.079% | $54.1M | $30.6M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5148 | +0.013% | $472K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5162 | +0.102% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5155 | +0.058% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5164 | +0.118% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0160% | 1h | 1.5152 | +0.042% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0164% | 1h | 1.5171 | +0.165% | $1.9M | $1.3M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5170 | +0.159% | $5.6M | $47.2M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5161 | +0.100% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5141 | −0.033% | $24.1M | $76.0M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0315% | 8h | 1.5152 | +0.040% | $2.1M | $34.5M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5159 | +0.084% | $516K | $779K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0658% | 1h | 1.5155 | +0.062% | $2K | $15K | 10x | as long as short |
Kraken Futures PF_XRPUSD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
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
Paradex XRP-USD-PERP
Extended XRP-USD
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD