XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Bulk against gTrade (Gains Network)+0.107%7-day average +0.020% · 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−$270as in the Price arb table

costs, in and out, $10k−$2792.789% of the position

Long on gTrade (Gains Network)Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.091%+$9 on $10k

Price spread, last 3 days (all we have)−0.242%−$24 · spread now +0.107%, 7d avg +0.020%

Together, before fees−0.151%−$15 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 Bulk is 0.087% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5489	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	39m 28s	$259K	—	150x
Short	Bulk XRP-USD	1.5506	0.0100	get 0.0013% / 1h	39m 28s	$1.7M	$573K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BulkbpOrdersPrice spread, now +0.107%Rate

Funding earned: $20.31
Price spread: +0.107% → +0.020%: $8.68
Slippage, 4 orders: −$261.95
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$249.96
Costs to cover: 2.789%
Break-even: 93.2 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 40 min ago; Bulk: live order book, 5 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 gTrade (Gains Network) virtual book (oracle venue), 40 min ago	130.01 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
Sell Bulk live order book, 5 min ago	0.96 bp	4.5 bp −$4	4.8 bp −$48	11.8 bp −$1,182	25.9 bp −$12.9K

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	1.5501	+0.076%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5497	+0.051%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5550	+0.392%	$69K	$90K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5495	+0.037%	$9.6M	$25.4M	50x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5489	long leg	$259K	—	150x
GMX XRP/USD [ETH-USDC]	L +0.0007% / S +0.0103%	1h	1.5487	−0.013%	$852K	—	200x	as long as short
Kraken Futures PF_XRPUSD	+0.0032%	1h	1.5492	+0.019%	$15.5M	$68.7M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0057%	8h	1.5491	+0.011%	$76K	$909K	50x	as long as short
Injective XRP/USDC PERP	+0.0089%	1h	1.5560	+0.456%	$2K	$107K	30x	as long as short
Lighter XRP	+0.0096%	1h	1.5504	+0.096%	$3.0M	$12.6M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5505	+0.101%	$441K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5507	+0.118%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5498	+0.056%	$39.4M	$80.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5499	+0.063%	$638K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5490	+0.005%	$554.8M	$2.02B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5491	+0.011%	$346.3M	$918.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5492	+0.017%	$126.7M	$884.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5546	+0.366%	$578K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5499	+0.063%	$116K	$754K	20x	as long as short
Bulk XRP-USDshort	+0.0100%	1h	1.5506	+0.107%	$1.7M	$573K	20x
Gate XRP_USDT	+0.0100%	8h	1.5491	+0.011%	$373.2M	$144.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5493	+0.024%	$295.1M	$872.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5495	+0.037%	$112.9M	$163.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5496	+0.043%	$271.3M	$370.7M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5492	+0.017%	—	$121.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5522	+0.208%	$11.6M	$30.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5529	+0.254%	$674K	$103.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5516	+0.175%	$1.1M	$40.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5524	+0.224%	$1.0M	$899K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5499	+0.064%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5500	+0.069%	$48K	$454K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5490	+0.008%	$42K	$67K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5495	+0.040%	$834K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5498	+0.059%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5493	+0.024%	$33K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5501	+0.077%	$50.9M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5493	+0.024%	$55.1M	$29.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5493	+0.027%	$483K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5501	+0.076%	$12K	$268K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5491	+0.010%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5493	+0.022%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5501	+0.076%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5494	+0.029%	$1.4M	$8K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5514	+0.159%	$24.5M	$74.4M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5504	+0.095%	$5.9M	$47.4M	50x	as long as short
Hibachi XRP/USDT-P	+0.0256%	1h	1.5527	+0.244%	$18K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0312%	8h	1.5507	+0.114%	$2.0M	$34.0M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0331%	1h	1.5503	+0.088%	$1.7M	$1.0M	25x	as long as short
Hyperliquid XRP	+0.0603%	1h	1.5514	+0.159%	$294.8M	$209.4M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5508	+0.122%	$504K	$632K	10x	as long as short
Aftermath Perps XRPUSD	+0.0794%	1h	1.5552	+0.405%	$1K	$11K	10x	as long as short