XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0241%/8h= +26.4% APRnext payment +$0.30 per $10,000 · paid last 24h +0.045%

Price spread now: Kraken Futures against gTrade (Gains Network)+0.017%7-day average +0.007% · 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−$288as in the Price arb table

costs, in and out, $10k−$2892.889% of the position

Long on gTrade (Gains Network)Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.136%+$14 on $10k

Price spread, last 3 days (all we have)−0.104%−$10 · spread now +0.017%, 7d avg +0.007%

Together, before fees+0.032%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5283	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	45m 20s	$256K	—	150x
Short	Kraken Futures PF_XRPUSD	1.5286	0.0244	get 0.0031% / 1h	45m 20s	$14.5M	$70.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.017%Rate

Funding earned: $50.62
Price spread: +0.017% → +0.007%: $1.04
Slippage, 4 orders: −$268.87
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$237.22
Costs to cover: 2.889%
Break-even: 39.8 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 29 min ago; Kraken Futures: live order book, 4 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), 29 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 Kraken Futures live order book, 4 min ago	2.94 bp	9.4 bp −$9	12.8 bp −$128	23.7 bp −$2,374	48.8 bp −$24.4K

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	1.5292	+0.056%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5289	+0.035%	$1.1M	$113K	10x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5283	long leg	$256K	—	150x
GMX XRP/USD [ETH-USDC]	L +0.0010% / S +0.0085%	1h	1.5282	−0.011%	$838K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.810%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0062%	8h	1.5291	+0.050%	$57K	$909K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0077%	1h	1.5291	+0.050%	$9.3M	$25.3M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5296	+0.080%	$2.8M	$13.8M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5298	+0.096%	$511K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5299	+0.102%	$11K	$274K	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	1.5297	+0.086%	$477K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5295	+0.079%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5294	+0.072%	$38.7M	$83.7M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5300	+0.107%	$619K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5288	+0.031%	$537.2M	$2.06B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5289	+0.037%	$340.2M	$927.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5288	+0.030%	$124.6M	$874.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5292	+0.056%	$569K	$48K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5302	+0.122%	$117K	$710K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5306	+0.145%	$1.6M	$562K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5285	+0.010%	$371.9M	$148.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5288	+0.030%	$295.7M	$896.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5294	+0.072%	$108.5M	$167.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5287	+0.024%	$267.5M	$376.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5284	+0.004%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5300	+0.109%	$6.4M	$35.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5308	+0.158%	$665K	$107.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5305	+0.144%	$1.1M	$39.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5300	+0.109%	$1.0M	$902K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5288	+0.031%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5290	+0.043%	$48K	$443K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5286	+0.020%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5289	+0.039%	$823K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5294	+0.069%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5289	+0.037%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5279	−0.027%	$50.1M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5288	+0.030%	$54.4M	$29.7M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5285	+0.013%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5288	+0.030%	$59K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0112%	1h	1.5300	+0.109%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5285	+0.013%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5311	+0.181%	$24.0M	$74.4M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5293	+0.063%	$5.8M	$46.2M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0242%	1h	1.5295	+0.076%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSDshort	+0.0244%	1h	1.5286	+0.017%	$14.5M	$70.6M	50x
Hibachi XRP/USDT-P	+0.0304%	1h	1.5285	+0.010%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0314%	8h	1.5307	+0.154%	$2.0M	$35.2M	2.9x	as long as short
Hyperliquid XRP	+0.0405%	1h	1.5301	+0.115%	$289.8M	$216.2M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5310	+0.174%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0790%	1h	1.5320	+0.239%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5300	+0.108%	$505K	$755K	10x	as long as short