Funding you earn now, next payment 10:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.14 per $10,000 · paid last 24h −0.058%
Price spread now: gTrade (Gains Network) against Coinbase International−0.040%7-day average −0.045% · 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−$284as in the Price arb table
costs, in and out, $10k−$2842.845% of the position
Funding, last 4 days (all we have)−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)+0.196%+$20 · spread now −0.040%, 7d avg −0.045%
=The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XRP-PERP-INTX | 1.5329 | 0.0112 | pay 0.0014% / 1h | 3m 47s | $5.5M | $42.6M | 50x |
| Short | gTrade (Gains Network) XRP/USD | 1.5323 | L +0.0003% / S −0.0004% | get 0.0000% / 1h | 3m 47s | $242K | — | 150x |
Coinbase International XRP-PERP-INTX
gTrade (Gains Network) XRP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Coinbase International. 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
- −$22.7
- Price spread: −0.040% → −0.045%
- $0.49
- Slippage, 4 orders
- −$264.47
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$306.68
- Costs to cover
- 2.845%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle exchange), 43 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 Coinbase International live order book, 3 min ago | 0.65 bp | 7.4 bp −$7 | 10.0 bp −$100 | 27.2 bp −$2,719 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle exchange), 43 min ago | 130.02 bp | 135.0 bp −$135 | 193.2 bp −$1,932 | 1958.2 bp −$195.8K | doesn't fit |
XRP on 51 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 | 1.5395 | +0.431% | $5K | $4K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0062% | 1h | 1.5327 | −0.012% | $13.8M | $69.3M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5327 | −0.016% | $1.1M | $154K | 10x | as long as short |
| 01 Exchange XRPUSD | 0.0000% | 1h | 1.5332 | +0.020% | $9K | $987 | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5330 | +0.007% | $69K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5327 | −0.013% | $7.7M | $20.1M | 50x | as long as short |
| gTrade (Gains Network) XRP/USDshort | L +0.0003% / S −0.0004% | 1h | 1.5323 | −0.040% | $242K | — | 150x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.507% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0080% | 1h | 1.5326 | −0.020% | $17K | $70K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5329 | −0.001% | $2.8M | $14.2M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
01 Exchange XRPUSD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
Lighter XRPShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5332 | +0.020% | $599K | $3.2M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5332 | +0.022% | $478K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5322 | −0.046% | $10K | $410K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5328 | −0.003% | $838K | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5339 | +0.065% | $297.5M | $264.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5325 | −0.026% | $38.9M | $79.9M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5331 | +0.013% | $590K | $987K | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5326 | −0.020% | $533.3M | $2.04B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5324 | −0.033% | $361.4M | $859.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5323 | −0.039% | $124.1M | $823.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5313 | −0.104% | $562K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5332 | +0.020% | $163K | $695K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5325 | −0.026% | $377.7M | $161.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5322 | −0.046% | $317.4M | $909.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5325 | −0.027% | $104.9M | $180.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5325 | −0.026% | $271.3M | $349.7M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5324 | −0.033% | — | $98.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5324 | −0.030% | $4.9M | $38.0M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5302 | −0.174% | $665K | $107.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5299 | −0.196% | $1.1M | $32.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5287 | −0.274% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5330 | +0.005% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5328 | −0.007% | $52K | $470K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5322 | −0.044% | $41K | $64K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5323 | −0.039% | $83K | $601K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5303 | −0.170% | $823K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5331 | +0.011% | $129K | $1.5M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5324 | −0.033% | $32K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5322 | −0.046% | $49.9M | $13.2M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5323 | −0.039% | $54.7M | $33.2M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5324 | −0.029% | $1.6M | $66K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5316 | −0.085% | $2.2M | $6.0M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5318 | −0.068% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTXlong | +0.0112% | 1h | 1.5329 | long leg | $5.5M | $42.6M | 50x | |
| Kalshi KXXRPPERP | +0.0116% | 8h | 1.5333 | +0.026% | $1.9M | $35.4M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0160% | 1h | 1.5336 | +0.046% | $2.0M | $1.2M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5328 | −0.007% | $23.7M | $77.6M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0224% | 1h | 1.5320 | −0.061% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5329 | −0.001% | $507K | $723K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0245% / S −0.0472% | 1h | 1.5328 | −0.007% | $886K | — | 200x | as long as short |
| Aftermath Perps XRPUSD | +0.0370% | 1h | 1.5312 | −0.110% | $3K | $13K | 10x | as long as short |
Lighter RH XRP
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
GMX XRP/USD [ETH-USDC]
Aftermath Perps XRPUSD