XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 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 SoDEX−0.183%66s7-day average +0.003% · 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 SoDEX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.094%−$9 on $10k

Price spread, last 4 days (all we have)+0.775%+$78 · spread now −0.183%, 7d avg +0.003%

Together, before fees+0.682%+$68 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 0.185% cheaper against SoDEX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.003%). Swap the legs. The two prices were read 66 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	SoDEX XRP-USD	1.5315	0.0100	pay 0.0013% / 1h	20m 37s	$29K	$1.5M	10x
Short	gTrade (Gains Network) XRP/USD	1.5287	L +0.0003% / S −0.0004%	get 0.0000% / 1h	20m 37s	$248K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SoDEX. 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 SoDEXbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.183%Rate

Funding earned: −$20.18
Price spread: −0.183% → +0.003%: −$18.54
Slippage, 4 orders: −$260.75
Fee SoDEX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$317.47
Costs to cover: 2.787%
Break-even: never at this rate

Slippage from SoDEX: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 13 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 SoDEX live order book, 3 min ago	0.33 bp	4.3 bp −$4	8.0 bp −$80	doesn't fit	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 13 min ago	130.05 bp	135.0 bp −$135	193.2 bp −$1,932	1958.1 bp −$195.8K	doesn't fit

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
Kraken Futures PF_XRPUSD	−0.0170%	1h	1.5317	+0.012%	$14.8M	$74.0M	50x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5286	−0.189%	$5K	$3K	20x	as long as short
Phoenix XRP	0.0000%	1h	1.5190	−0.816%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USDshort	L +0.0003% / S −0.0004%	1h	1.5287	−0.183%	$248K	—	150x
dYdX XRP-USD	+0.0008%	1h	1.5286	−0.191%	$1.1M	$160K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5320	+0.033%	$7.8M	$23.1M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.600%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5285	−0.196%	$9K	$2K	10x	as long as short
Hibachi XRP/USDT-P	+0.0088%	1h	1.5283	−0.210%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5283	−0.206%	$2.8M	$14.6M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5296	−0.124%	$622K	$3.1M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5290	−0.163%	$20K	$379K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5286	−0.188%	$1.0M	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5291	−0.156%	$38.7M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5292	−0.147%	$615K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5292	−0.150%	$533.1M	$2.15B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5294	−0.137%	$357.0M	$921.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5292	−0.150%	$126.7M	$842.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5302	−0.085%	$561K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5299	−0.104%	$144K	$701K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5141	−1.133%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5292	−0.150%	$374.7M	$155.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5292	−0.150%	$316.5M	$923.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5293	−0.144%	$107.6M	$181.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5294	−0.137%	$270.6M	$372.2M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5290	−0.163%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5309	−0.037%	$4.8M	$38.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5245	−0.455%	$662K	$112.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5273	−0.272%	$1.1M	$32.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5249	−0.431%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5296	−0.124%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5292	−0.150%	$52K	$509K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5304	−0.070%	$41K	$67K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5311	−0.026%	$78K	$647K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5150	−1.080%	$815K	$76K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5320	+0.036%	$128K	$1.7M	30x	as long as short
SoDEX XRP-USDlong	+0.0100%	1h	1.5315	long leg	$29K	$1.5M	10x
HTX XRP-USDT	+0.0100%	8h	1.5316	+0.006%	$50.0M	$14.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5312	−0.020%	$54.4M	$33.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5298	−0.113%	$477K	$53K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5289	−0.171%	$2.1M	$6.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5313	−0.014%	$59K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0131% / S −0.0092%	1h	1.5312	−0.022%	$782K	—	200x	as long as short
Coinbase International XRP-PERP-INTX	+0.0160%	1h	1.5312	−0.020%	$5.4M	$47.3M	50x	as long as short
Kalshi KXXRPPERP	+0.0169%	8h	1.5297	−0.118%	$1.7M	$33.1M	2.9x	as long as short
Hyperliquid XRP	+0.0179%	1h	1.5295	−0.131%	$292.7M	$264.0M	20x	as long as short
Backpack XRP_USDC_PERP	+0.0207%	1h	1.5329	+0.091%	$2.0M	$1.3M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5313	−0.013%	$24.0M	$77.8M	125x	as long as short
Reya XRPRUSDPERP	+0.0221%	1h	1.5292	−0.147%	$1.4M	$4K	15x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5278	−0.243%	$523K	$787K	10x	as long as short
Aftermath Perps XRPUSD	+0.0533%	1h	1.5220	−0.622%	$3K	$16K	10x	as long as short