XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0181%/8h= +19.8% APRnext payment +$0.23 per $10,000 · paid last 24h +0.059%

Price spread now: Coinbase International against gTrade (Gains Network)+0.072%7-day average +0.031% · 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−$281as in the Price arb table

costs, in and out, $10k−$2852.851% of the position

Long on gTrade (Gains Network)Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.143%+$14 on $10k

Price spread, last 4 days (all we have)−0.228%−$23 · spread now +0.072%, 7d avg +0.031%

Together, before fees−0.085%−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.041% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5198	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	43m 07s	$262K	—	150x
Short	Coinbase International XRP-PERP-INTX	1.5209	0.0184	get 0.0023% / 1h	43m 07s	$5.6M	$47.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.072%Rate

Funding earned: $37.94
Price spread: +0.072% → +0.031%: $4.1
Slippage, 4 orders: −$265.1
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$243.05
Costs to cover: 2.851%
Break-even: 51.8 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 11 min ago; Coinbase International: 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 gTrade (Gains Network) virtual book (oracle venue), 11 min ago	130.04 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
Sell Coinbase International live order book, 1 min ago	0.33 bp	6.7 bp −$7	9.5 bp −$95	22.5 bp −$2,251	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	1.5204	+0.039%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5203	+0.034%	$1.1M	$111K	10x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5198	long leg	$262K	—	150x
Deribit XRP_USDC-PERPETUAL	+0.0013%	1h	1.5204	+0.039%	$7.8M	$25.6M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0021%	1h	1.5201	+0.020%	$14.4M	$74.2M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.382%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0051% / S +0.0014%	1h	1.5200	+0.014%	$780K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5207	+0.061%	$2.9M	$14.6M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5208	+0.066%	$498K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5206	+0.053%	$12K	$343K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_XRP_USDC	+0.0099%	8h	1.5197	−0.007%	$62K	$934K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5208	+0.069%	$1.0M	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5206	+0.055%	$38.4M	$84.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5208	+0.066%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5206	+0.051%	$534.2M	$2.14B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5207	+0.059%	$346.8M	$941.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5207	+0.059%	$127.2M	$887.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5193	−0.033%	$566K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5210	+0.079%	$118K	$688K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5203	+0.033%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5206	+0.053%	$371.5M	$154.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5206	+0.053%	$293.7M	$899.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5208	+0.064%	$109.1M	$176.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5203	+0.033%	$269.2M	$388.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5196	−0.013%	—	$127.4M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5202	+0.025%	$4.9M	$38.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5212	+0.093%	$661K	$109.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5201	+0.019%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5199	+0.007%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5208	+0.064%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5210	+0.079%	$45K	$476K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5204	+0.042%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5204	+0.037%	$818K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5211	+0.088%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5203	+0.033%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5201	+0.022%	$49.7M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5203	+0.033%	$54.2M	$31.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5207	+0.058%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5196	−0.011%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5200	+0.012%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5209	+0.072%	$9K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0184%	1h	1.5209	+0.072%	$5.6M	$47.6M	50x
Reya XRPRUSDPERP	+0.0217%	1h	1.5207	+0.061%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5206	+0.053%	$24.1M	$76.1M	125x	as long as short
Hibachi XRP/USDT-P	+0.0256%	1h	1.5206	+0.052%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0296%	8h	1.5210	+0.079%	$2.0M	$35.1M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0296%	1h	1.5215	+0.112%	$2.0M	$1.4M	25x	as long as short
Hyperliquid XRP	+0.0314%	1h	1.5222	+0.158%	$292.9M	$234.7M	20x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5209	+0.076%	$518K	$774K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5210	+0.079%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0664%	1h	1.5212	+0.094%	$2K	$15K	10x	as long as short