XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.018%

Price spread now: Nado against Injective−1.488%49s7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1041.036% of the position

Long on Injective Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.021%+$2 on $10k

Price spread, last 4 days (all we have)+2.231%+$223 · spread now −1.488%, 7d avg −0.016%

Together, before fees+2.253%+ Points / potential airdropNado: Active · farm board+$225 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 1.472% cheaper against Injective than usual: you would sell low and buy high (spread −1.488% now, against its 7-day average of −0.016%). If the spread goes back, that is −$147 on $10k: about 2 months of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.021% in total) that is about 8 months. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective XRP/USDC PERP	1.5560	0.0033	pay 0.0004% / 1h	3m 37s	$2K	$107K	30x
Short	Nado XRP-PERP	1.5328	0.0100	get 0.0012% / 1h	3m 37s	$838K	$6.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Injective. 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 InjectivebpFee NadobpOrdersPrice spread, now −1.488%Rate

Funding earned: $14
Price spread: −1.488% → −0.016%: −$147.22
Slippage, 4 orders: −$96.54
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$236.79
Costs to cover: 1.036%
Break-even: 125.4 days

Slippage from Injective: live order book, 43 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 Injective live order book, 43 min ago	29.33 bp	29.3 bp −$29	38.0 bp −$380	doesn't fit	doesn't fit
Sell Nado live order book, 3 min ago	0.33 bp	3.8 bp −$4	7.1 bp −$71	doesn't fit	doesn't fit

XRP on 51 exchanges

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	1.5387	−1.112%	$5K	$4K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0062%	1h	1.5327	−1.497%	$13.8M	$69.3M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5327	−1.501%	$1.1M	$154K	10x	as long as short
01 Exchange XRPUSD	0.0000%	1h	1.5335	−1.446%	$9K	$987	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5330	−1.478%	$69K	$108K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5327	−1.497%	$7.7M	$20.1M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5323	−1.524%	$242K	—	150x	as long as short
Injective XRP/USDC PERPlong	+0.0033%	1h	1.5560	long leg	$2K	$107K	30x
Hibachi XRP/USDT-P	+0.0080%	1h	1.5326	−1.504%	$17K	$70K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5329	−1.486%	$2.8M	$14.2M	20x	as long as short

Show all 51 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5332	−1.465%	$599K	$3.2M	20x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5329	−1.488%	$478K	$47K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5325	−1.510%	$10K	$410K	20x	as long as short
Nado XRP-PERPshort	+0.0100%	1h	1.5328	−1.488%	$838K	$6.0M	20x
Hyperliquid XRP	+0.0100%	1h	1.5339	−1.420%	$297.5M	$264.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5330	−1.478%	$39.0M	$79.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5328	−1.491%	$589K	$987K	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5330	−1.476%	$533.4M	$2.04B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5326	−1.504%	$361.4M	$859.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5324	−1.517%	$124.1M	$823.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5313	−1.587%	$562K	$37K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5331	−1.472%	$163K	$694K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5326	−1.504%	$377.7M	$161.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5325	−1.510%	$317.5M	$909.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5325	−1.511%	$105.0M	$180.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5327	−1.497%	$271.4M	$349.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5322	−1.530%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5324	−1.514%	$4.9M	$38.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5321	−1.536%	$667K	$107.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5326	−1.507%	$1.1M	$32.7M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5330	−1.478%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5330	−1.479%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5328	−1.491%	$52K	$470K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5322	−1.528%	$41K	$64K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5323	−1.523%	$83K	$601K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5303	−1.652%	$823K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5331	−1.474%	$129K	$1.5M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5324	−1.517%	$32K	$1.4M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5322	−1.530%	$49.9M	$13.2M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5323	−1.523%	$54.7M	$33.2M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5324	−1.513%	$1.6M	$66K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5321	−1.533%	$2.2M	$6.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5318	−1.552%	$59K	$25K	3x	as long as short
Coinbase International XRP-PERP-INTX	+0.0112%	1h	1.5329	−1.485%	$5.5M	$42.6M	50x	as long as short
Kalshi KXXRPPERP	+0.0116%	8h	1.5333	−1.459%	$1.9M	$35.4M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0160%	1h	1.5336	−1.440%	$2.0M	$1.2M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5328	−1.491%	$23.7M	$77.6M	125x	as long as short
Reya XRPRUSDPERP	+0.0224%	1h	1.5320	−1.545%	$1.4M	$1K	15x	as long as short
RISEx XRP/USDC	+0.0239%	1h	1.5329	−1.486%	$507K	$723K	10x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0245% / S −0.0472%	1h	1.5328	−1.492%	$886K	—	200x	as long as short
Aftermath Perps XRPUSD	+0.0370%	1h	1.5312	−1.593%	$3K	$13K	10x	as long as short