XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Nado−0.050%54s7-day average −0.001% · 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−$2792.787% of the position

Long on Nado Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.094%−$9 on $10k

Price spread, last 3 days (all we have)+0.096%+$10 · spread now −0.050%, 7d avg −0.001%

Together, before fees+0.002%+ Points / potential airdropNado: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.048% cheaper against Nado than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.001%). Swap the legs. The two prices were read 54 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	Nado XRP-PERP	1.5110	0.0100	pay 0.0012% / 1h	48m 37s	$1.0M	$5.9M	20x
Short	gTrade (Gains Network) XRP/USD	1.5103	L +0.0003% / S −0.0004%	get 0.0001% / 1h	48m 37s	$253K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Nado. 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 NadobpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.050%Rate

Funding earned: −$20.13
Price spread: −0.050% → −0.001%: −$4.82
Slippage, 4 orders: −$261.72
Fee Nado: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$303.67
Costs to cover: 2.787%
Break-even: never at this rate

Slippage from Nado: live order book, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 15 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 Nado live order book, 5 min ago	0.33 bp	4.0 bp −$4	9.2 bp −$92	44.6 bp −$4,462	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 15 min ago	130.04 bp	135.0 bp −$135	193.2 bp −$1,932	1958.1 bp −$195.8K	doesn't fit

XRP on 50 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	1.5105	−0.036%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5102	−0.053%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USDshort	L +0.0003% / S −0.0004%	1h	1.5103	−0.050%	$253K	—	150x
GMX XRP/USD [ETH-USDC]	L +0.0027% / S +0.0049%	1h	1.5103	−0.048%	$798K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.975%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5103	−0.050%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5110	−0.003%	$8K	$8K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0081%	1h	1.5105	−0.036%	$7.7M	$25.2M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5106	−0.027%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5109	−0.010%	$508K	$3.2M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5103	−0.050%	$10K	$305K	20x	as long as short
Nado XRP-PERPlong	+0.0100%	1h	1.5110	long leg	$1.0M	$5.9M	20x
Hyperliquid XRP	+0.0100%	1h	1.5115	+0.030%	$279.7M	$220.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5107	−0.024%	$38.4M	$83.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5110	−0.002%	$607K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5112	+0.009%	$535.9M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5111	+0.003%	$342.2M	$925.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5113	+0.017%	$124.9M	$862.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5113	+0.017%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5115	+0.030%	$116K	$702K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5087	−0.159%	$1.6M	$161K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5112	+0.010%	$369.1M	$150.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5115	+0.030%	$292.7M	$893.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5103	−0.047%	$106.5M	$170.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5111	+0.003%	$266.2M	$379.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5112	+0.010%	—	$126.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5141	+0.199%	$6.0M	$36.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5102	−0.055%	$657K	$108.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5143	+0.212%	$1.1M	$35.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5108	−0.017%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5111	+0.006%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5114	+0.023%	$41K	$447K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5109	−0.013%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5106	−0.032%	$813K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5111	+0.005%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5104	−0.043%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5104	−0.042%	$49.5M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5108	−0.017%	$53.8M	$29.9M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5113	+0.019%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5111	0.000%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5102	−0.060%	$58K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5110	−0.004%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5108	−0.017%	$5.6M	$46.2M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0223%	1h	1.5112	+0.010%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0274%	1h	1.5104	−0.045%	$14.4M	$72.8M	50x	as long as short
Hibachi XRP/USDT-P	+0.0312%	1h	1.5102	−0.059%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0356%	8h	1.5121	+0.069%	$2.1M	$34.9M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5112	+0.007%	$526K	$769K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5130	+0.129%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0724%	1h	1.5117	+0.041%	$2K	$14K	10x	as long as short