Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Katana Perps−0.007%7-day average +0.040% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.029%+$3 on $10k
+Price spread, last 7 days+0.097%+$10 · spread now −0.007%, 7d avg +0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.047% cheaper against Katana Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps XRP-USD | 1.5310 | 0.0100 | pay 0.0100% / 8h | 5h 46m | $10K | $399K | 20x |
| Short | Gate XRP_USDT | 1.5309 | 0.0100 | get 0.0100% / 8h | 5h 46m | $381.4M | $156.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Katana Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.04
- Price spread: −0.007% → +0.040%
- −$4.66
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$23.42
- Costs to cover
- 0.188%
- Break-even
- 3723.9 days
Slippage unknown: Katana Perps: no order-book sample; Gate: live order book, 6 min ago. Net counts fees only.
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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 6 min ago | 0.33 bp | 10.1 bp −$10 | 13.8 bp −$138 | 32.7 bp −$3,271 | 44.0 bp −$22.0K |
Katana Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XRP on 50 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 | 1.5403 | +0.607% | $5K | $4K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0062% | 1h | 1.5311 | +0.009% | $14.0M | $70.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5329 | +0.122% | $1.1M | $154K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5340 | +0.196% | $69K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5313 | +0.020% | $7.8M | $21.3M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5311 | +0.006% | $245K | — | 150x | as long as short |
| 01 Exchange XRPUSD | +0.0008% | 1h | 1.5304 | −0.039% | $9K | $987 | 10x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.633% | $2K | $107K | 30x | as long as short |
| SoDEX XRP-USD | +0.0055% | 1h | 1.5310 | 0.000% | $29K | $1.5M | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5315 | +0.036% | $2.8M | $14.1M | 20x | as long as short |
Show all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5322 | +0.078% | $599K | $3.1M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5318 | +0.050% | $478K | $47K | 50x | as long as short |
| Katana Perps XRP-USDlong | +0.0100% | 8h | 1.5310 | long leg | $10K | $399K | 20x | |
| Nado XRP-PERP | +0.0100% | 1h | 1.5314 | +0.029% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5328 | +0.118% | $298.6M | $266.8M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5318 | +0.052% | $39.3M | $81.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5318 | +0.052% | $591K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5316 | +0.037% | $533.9M | $2.08B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5313 | +0.020% | $361.3M | $887.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5305 | −0.033% | $124.6M | $833.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5321 | +0.072% | $562K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5317 | +0.046% | $165K | $681K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5314 | +0.027% | $1.6M | $26K | 20x | as long as short |
| Gate XRP_USDTshort | +0.0100% | 8h | 1.5309 | −0.007% | $381.4M | $156.2M | 100x | |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5313 | +0.020% | $311.8M | $890.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5316 | +0.038% | $105.8M | $181.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5307 | −0.020% | $271.6M | $356.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5302 | −0.052% | — | $4.2M | — | as long as short |
| Backpack XRP_USDC_PERP | +0.0100% | 1h | 1.5323 | +0.085% | $2.0M | $1.2M | 25x | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5325 | +0.095% | $5.0M | $38.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5326 | +0.107% | $666K | $109.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5328 | +0.118% | $1.1M | $30.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5341 | +0.202% | $1.2M | $1.2M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5311 | +0.007% | $52K | $475K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5310 | −0.003% | $42K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5310 | 0.000% | $83K | $613K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5313 | +0.022% | $128K | $1.5M | 30x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5321 | +0.074% | $50.0M | $14.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5312 | +0.013% | $54.6M | $33.3M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5318 | +0.055% | — | $15K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5307 | −0.018% | $2.2M | $6.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5305 | −0.036% | $59K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0112% | 1h | 1.5321 | +0.074% | $17K | $76K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0112% | 1h | 1.5316 | +0.039% | $5.4M | $43.9M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0135% | 8h | 1.5336 | +0.170% | $1.9M | $35.1M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0209% / S −0.0580% | 1h | 1.5310 | +0.002% | $804K | — | 200x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5315 | +0.033% | $23.9M | $78.1M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0223% | 1h | 1.5306 | −0.025% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5317 | +0.047% | $514K | $736K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0442% | 1h | 1.5346 | +0.237% | $3K | $13K | 10x | as long as short |
Katana Perps XRP-USD
Gate XRP_USDT
Kraken Futures PF_XRPUSD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
01 Exchange XRPUSD
Injective XRP/USDC PERP
SoDEX XRP-USD
Lighter XRP
Lighter RH XRP
Paradex XRP-USD-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Backpack XRP_USDC_PERP
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
SunX XRP-USDT
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
GMX XRP/USD [ETH-USDC]
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD