XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.029%

Price spread now: KuCoin against gTrade (Gains Network)+0.016%7-day average +0.017% · 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−$286as in the Price arb table

costs, in and out, $10k−$2862.861% of the position

Long on gTrade (Gains Network)Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.082%+$8 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.016%, 7d avg +0.017%

Together, before fees+0.022%+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: +$3 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	1.5152	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	9m 02s	$245K	—	150x
Short	KuCoin XRPUSDTM	1.5154	0.0100	get 0.0100% / 8h	2h 09m	$107.2M	$181.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.016%Rate

Funding earned: $20.3
Price spread: +0.016% → +0.017%: −$0.07
Slippage, 4 orders: −$264.14
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$265.91
Costs to cover: 2.861%
Break-even: 98.7 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 40 min ago; KuCoin: 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	130.02 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
Sell KuCoin live order book, 5 min ago	0.53 bp	7.8 bp −$8	15.3 bp −$153	doesn't fit	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	1.5157	+0.033%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5153	+0.004%	$14.2M	$74.6M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5162	+0.064%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5090	−0.409%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5152	long leg	$245K	—	150x
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.693%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0073% / S −0.0018%	1h	1.5157	+0.034%	$799K	—	200x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5156	+0.026%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5149	−0.019%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5151	−0.007%	$547K	$3.3M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0099%	8h	1.5150	−0.013%	$11K	$362K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5165	+0.083%	$985K	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5154	+0.012%	$38.5M	$87.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5170	+0.122%	$603K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5157	+0.033%	$527.5M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5161	+0.059%	$344.6M	$965.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5159	+0.046%	$126.5M	$888.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5137	−0.099%	$563K	$35K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5168	+0.106%	$143K	$715K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5132	−0.133%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5150	−0.013%	$374.2M	$161.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5146	−0.040%	$295.1M	$927.5M	300x	as long as short
KuCoin XRPUSDTMshort	+0.0100%	8h	1.5154	+0.016%	$107.2M	$181.2M	75x
Bitget XRPUSDT	+0.0100%	8h	1.5159	+0.046%	$266.5M	$398.9M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5149	−0.020%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5143	−0.060%	$4.6M	$38.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5138	−0.091%	$657K	$113.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5148	−0.026%	$1.1M	$37.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5147	−0.033%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5162	+0.063%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5163	+0.073%	$51K	$488K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5159	+0.044%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5152	0.000%	$62K	$932K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5155	+0.023%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5162	+0.068%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5151	−0.007%	$29K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5149	−0.018%	$49.6M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5145	−0.046%	$54.0M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5169	+0.113%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5155	+0.019%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5154	+0.010%	$58K	$25K	3x	as long as short
Hyperliquid XRP	+0.0142%	1h	1.5161	+0.059%	$290.2M	$263.4M	20x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0146%	1h	1.5159	+0.046%	$7.8M	$25.4M	50x	as long as short
Hibachi XRP/USDT-P	+0.0176%	1h	1.5158	+0.037%	$17K	$82K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5158	+0.040%	$5.7M	$48.6M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0207%	1h	1.5156	+0.026%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERP	+0.0217%	8h	1.5161	+0.059%	$1.7M	$35.6M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5157	+0.034%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5150	−0.013%	$23.2M	$77.4M	125x	as long as short
RISEx XRP/USDC	+0.0305%	1h	1.5163	+0.075%	$518K	$790K	10x	as long as short
Aftermath Perps XRPUSD	+0.0584%	1h	1.5123	−0.193%	$2K	$16K	10x	as long as short