XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 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 Ondo Perps+0.247%7-day average +0.046% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.068%−$7 on $10k

Price spread, last 3 days (all we have)−0.269%−$27 · spread now +0.247%, 7d avg +0.046%

Together, before fees−0.337%+ Points / potential airdropOndo Perps: Active · farm board−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. gTrade (Gains Network) is 0.202% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.247% now, against its 7-day average of +0.046%): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XRP-USD.P	1.5316	0.0100	pay 0.0013% / 1h	23m 31s	$571K	$42K	5x
Short	gTrade (Gains Network) XRP/USD	1.5354	L +0.0003% / S −0.0004%	get 0.0001% / 1h	23m 31s	$257K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Ondo Perps. 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 Ondo PerpsbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.247%Rate

Funding earned: −$20.13
Price spread: +0.247% → +0.046%: $20.16
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$14.97
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 51 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) virtual book (oracle venue), 51 min ago	130.04 bp	135.0 bp −$135	193.2 bp −$1,932	1958.2 bp −$195.8K	doesn't fit

Ondo 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 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	1.5357	+0.268%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5358	+0.276%	$1.1M	$112K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5366	+0.326%	$9.3M	$25.1M	50x	as long as short
gTrade (Gains Network) XRP/USDshort	L +0.0003% / S −0.0004%	1h	1.5354	+0.247%	$257K	—	150x
GMX XRP/USD [ETH-USDC]	L +0.0015% / S +0.0078%	1h	1.5366	+0.324%	$842K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.593%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0063%	8h	1.5367	+0.333%	$58K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5359	+0.281%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5357	+0.269%	$2.8M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5361	+0.294%	$516K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5362	+0.300%	$10K	$279K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5367	+0.332%	$479K	$55K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5359	+0.280%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5356	+0.263%	$38.8M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5360	+0.287%	$621K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5365	+0.322%	$542.4M	$2.05B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5366	+0.326%	$342.8M	$919.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5362	+0.300%	$125.0M	$869.0M	100x	as long as short
Ondo Perps XRP-USD.Plong	+0.0100%	1h	1.5316	long leg	$571K	$42K	5x
Arcus XRP-USD	+0.0100%	1h	1.5364	+0.313%	$118K	$711K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5334	+0.120%	$1.7M	$381K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5359	+0.281%	$375.4M	$150.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5357	+0.268%	$313.3M	$906.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5364	+0.312%	$109.0M	$165.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5363	+0.307%	$268.9M	$374.9M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5358	+0.274%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5352	+0.235%	$6.3M	$35.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5361	+0.296%	$667K	$107.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5372	+0.366%	$1.1M	$38.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5350	+0.222%	$1.2M	$996K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5361	+0.294%	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5367	+0.333%	$49K	$442K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5363	+0.309%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5371	+0.357%	$827K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5368	+0.339%	$129K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5362	+0.300%	$30K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5371	+0.362%	$50.4M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5361	+0.294%	$54.6M	$29.6M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5357	+0.268%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5364	+0.311%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5360	+0.289%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5369	+0.346%	$24.1M	$73.8M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5369	+0.346%	$5.8M	$46.5M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0243%	1h	1.5362	+0.297%	$14.5M	$70.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0299%	1h	1.5369	+0.346%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0311%	8h	1.5373	+0.372%	$2.0M	$34.7M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0320%	1h	1.5367	+0.333%	$17K	$81K	7x	as long as short
Hyperliquid XRP	+0.0388%	1h	1.5377	+0.398%	$290.2M	$214.4M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5350	+0.222%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0794%	1h	1.5352	+0.236%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5367	+0.334%	$544K	$773K	10x	as long as short