XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0174%/8h= +19.0% APRnext payment +$0.22 per $10,000 · paid last 24h +0.017%

Price spread now: Kraken Futures against Nado+0.033%7-day average +0.005% · 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−$28as in the Price arb table

costs, in and out, $10k−$310.308% of the position

Long on Nado Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.050%+$5 on $10k

Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.033%, 7d avg +0.005%

Together, before fees−0.010%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.027% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.005%.

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	47m 35s	$1.0M	$5.9M	20x
Short	Kraken Futures PF_XRPUSD	1.5115	0.0274	get 0.0034% / 1h	47m 35s	$14.4M	$72.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.033%Rate

Funding earned: $36.52
Price spread: +0.033% → +0.005%: $2.72
Slippage, 4 orders: −$13.85
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $8.4
Costs to cover: 0.308%
Break-even: 5.4 days

Slippage from Nado: live order book, 1 min ago; Kraken Futures: live order book, 2 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, 1 min ago	0.33 bp	4.0 bp −$4	8.8 bp −$88	43.1 bp −$4,312	doesn't fit
Sell Kraken Futures live order book, 2 min ago	0.33 bp	11.3 bp −$11	13.0 bp −$130	19.7 bp −$1,972	45.2 bp −$22.6K

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	1.5104	−0.042%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5106	−0.030%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0027% / S +0.0049%	1h	1.5107	−0.026%	$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	1.5112	+0.010%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5095	−0.103%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5106	−0.031%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5104	−0.043%	$508K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5093	−0.116%	$10K	$305K	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERPlong	+0.0100%	1h	1.5110	long leg	$1.0M	$5.9M	20x
Hyperliquid XRP	+0.0100%	1h	1.5114	+0.023%	$279.8M	$220.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5107	−0.021%	$38.4M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5103	−0.053%	$606K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5103	−0.048%	$535.4M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5100	−0.069%	$341.9M	$924.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5102	−0.056%	$124.9M	$862.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5109	−0.010%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5104	−0.043%	$114K	$707K	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	1.5100	−0.069%	$368.5M	$150.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5100	−0.069%	$293.6M	$893.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5102	−0.056%	$106.5M	$170.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5099	−0.076%	$265.9M	$379.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5101	−0.063%	—	$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	1.5111	+0.006%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5113	+0.020%	$813K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5126	+0.105%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5115	+0.030%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5113	+0.019%	$49.5M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5123	+0.083%	$53.8M	$29.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5099	−0.075%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5099	−0.079%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5111	+0.003%	$58K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0147%	1h	1.5119	+0.056%	$7.7M	$25.2M	50x	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	1.5123	+0.083%	$5.6M	$46.3M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0224%	1h	1.5117	+0.043%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSDshort	+0.0274%	1h	1.5115	+0.033%	$14.4M	$72.8M	50x
Hibachi XRP/USDT-P	+0.0312%	1h	1.5109	−0.007%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0356%	8h	1.5116	+0.036%	$2.1M	$35.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5100	−0.072%	$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	+0.0717%	1h	1.5115	+0.027%	$2K	$14K	10x	as long as short