XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Nado against gTrade (Gains Network)+0.023%7-day average +0.001% · 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−$276as in the Price arb table

costs, in and out, $10k−$2782.784% of the position

Long on gTrade (Gains Network)Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.095%+$9 on $10k

Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.023%, 7d avg +0.001%

Together, before fees−0.028%+ Points / potential airdropNado: Active · farm board−$3 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 0.021% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5108	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	46m 06s	$253K	—	150x
Short	Nado XRP-PERP	1.5111	0.0100	get 0.0012% / 1h	46m 06s	$1.0M	$5.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.023%Rate

Funding earned: $20.3
Price spread: +0.023% → +0.001%: $2.15
Slippage, 4 orders: −$261.4
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$255.95
Costs to cover: 2.784%
Break-even: 95.2 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 18 min ago; Nado: live order book, 3 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), 18 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 Nado live order book, 3 min ago	0.33 bp	4.3 bp −$4	10.0 bp −$100	39.7 bp −$3,974	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	1.5094	−0.092%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5095	−0.087%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5108	long leg	$253K	—	150x
GMX XRP/USD [ETH-USDC]	L +0.0027% / S +0.0048%	1h	1.5110	+0.014%	$798K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.992%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5113	+0.034%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5103	−0.032%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5112	+0.027%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5112	+0.027%	$508K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5095	−0.085%	$10K	$305K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERPshort	+0.0100%	1h	1.5111	+0.023%	$1.0M	$5.9M	20x
Hyperliquid XRP	+0.0100%	1h	1.5122	+0.093%	$280.0M	$221.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5112	+0.027%	$38.4M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5099	−0.056%	$606K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5117	+0.062%	$535.9M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5109	+0.007%	$342.2M	$924.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5111	+0.021%	$125.0M	$863.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5109	+0.007%	$562K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5104	−0.026%	$114K	$707K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5087	−0.142%	$1.6M	$161K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5110	+0.014%	$368.8M	$150.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5111	+0.021%	$293.5M	$893.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5109	+0.009%	$106.5M	$170.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5106	−0.013%	$265.8M	$380.0M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5112	+0.027%	—	$126.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5109	+0.006%	$5.9M	$36.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5108	−0.001%	$656K	$109.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5143	+0.229%	$1.1M	$35.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5110	+0.014%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5109	+0.009%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5112	+0.027%	$42K	$448K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5113	+0.034%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5117	+0.058%	$813K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5118	+0.067%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5112	+0.027%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5113	+0.031%	$49.5M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5111	+0.021%	$53.8M	$29.9M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5094	−0.094%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5110	+0.014%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5114	+0.040%	$58K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0213%	1h	1.5117	+0.060%	$7.6M	$25.3M	50x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5109	+0.009%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5113	+0.034%	$5.6M	$46.3M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0217%	1h	1.5121	+0.087%	$1.9M	$1.3M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5093	−0.099%	—	$74.4M	125x	as long as short
Kraken Futures PF_XRPUSD	+0.0274%	1h	1.5108	−0.001%	$14.4M	$72.8M	50x	as long as short
Hibachi XRP/USDT-P	+0.0304%	1h	1.5100	−0.055%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0355%	8h	1.5108	+0.001%	$2.1M	$35.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5108	−0.002%	$526K	$769K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5130	+0.146%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0723%	1h	1.5116	+0.053%	$2K	$14K	10x	as long as short