XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.030%

Price spread now: Nado against dYdX+0.061%7-day average +0.031% · 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−$74as in the Price arb table

costs, in and out, $10k−$770.770% of the position

Long on dYdX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.095%+$10 on $10k

Price spread, last 4 days (all we have)+0.269%+$27 · spread now +0.061%, 7d avg +0.031%

Together, before fees+0.364%+ Points / potential airdropNado: Active · farm board+$36 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.030% dearer against dYdX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XRP-USD	1.5485	0	get 0.0000% / 1h	37m 53s	$1.1M	$113K	10x
Short	Nado XRP-PERP	1.5494	0.0100	get 0.0012% / 1h	37m 53s	$1.1M	$5.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against dYdX. 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 dYdXbpFee NadobpOrdersPrice spread, now +0.061%Rate

Funding earned: $21
Price spread: +0.061% → +0.031%: $3.03
Slippage, 4 orders: −$59.96
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$52.93
Costs to cover: 0.770%
Break-even: 24.6 days

Slippage from dYdX: live order book, 1 min ago; Nado: live order book, 1 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 dYdX live order book, 1 min ago	29.05 bp	34.2 bp −$34	43.3 bp −$433	69.8 bp −$6,984	97.5 bp −$48.7K
Sell Nado live order book, 1 min ago	0.32 bp	4.1 bp −$4	9.4 bp −$94	doesn't fit	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
Hotstuff XRP-PERP	−0.0080%	1h	1.5494	+0.060%	$7K	$2K	20x	as long as short
dYdX XRP-USDlong	0.0000%	1h	1.5485	long leg	$1.1M	$113K	10x
Phoenix XRP	0.0000%	1h	1.5550	+0.422%	$69K	$90K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5488	+0.018%	$259K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0007% / S +0.0103%	1h	1.5486	+0.009%	$853K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0008%	1h	1.5490	+0.035%	$9.6M	$25.4M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0032%	1h	1.5486	+0.012%	$15.5M	$68.8M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0057%	8h	1.5489	+0.028%	$76K	$909K	50x	as long as short
Injective XRP/USDC PERP	+0.0089%	1h	1.5560	+0.487%	$2K	$107K	30x	as long as short
Lighter XRP	+0.0096%	1h	1.5482	−0.014%	$3.0M	$12.6M	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	1.5491	+0.041%	$441K	$3.1M	20x	as long as short
Nado XRP-PERPshort	+0.0100%	1h	1.5494	+0.061%	$1.1M	$5.4M	20x
Aster XRPUSDT	+0.0100%	8h	1.5485	+0.003%	$39.4M	$80.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5490	+0.036%	$637K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5479	−0.037%	$553.6M	$2.02B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5482	−0.017%	$346.8M	$919.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5481	−0.024%	$126.9M	$884.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5473	−0.075%	$578K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5497	+0.080%	$116K	$754K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5506	+0.137%	$1.7M	$573K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5478	−0.043%	$373.3M	$144.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5474	−0.069%	$296.8M	$874.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5486	+0.011%	$112.8M	$163.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5478	−0.043%	$270.0M	$372.2M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5478	−0.043%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5522	+0.238%	$11.6M	$30.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5529	+0.284%	$674K	$103.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5516	+0.205%	$1.1M	$40.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5524	+0.254%	$1.0M	$899K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5491	+0.040%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5504	+0.125%	$47K	$454K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5491	+0.041%	$42K	$67K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5489	+0.028%	$834K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5496	+0.077%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5486	+0.009%	$33K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5484	−0.006%	$50.8M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5490	+0.035%	$55.1M	$29.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5494	+0.063%	$483K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5500	+0.099%	$12K	$268K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5489	+0.027%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5485	+0.002%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5502	+0.112%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5487	+0.014%	$1.4M	$8K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5488	+0.022%	$24.5M	$74.3M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5495	+0.067%	$5.9M	$47.4M	50x	as long as short
Hibachi XRP/USDT-P	+0.0264%	1h	1.5494	+0.058%	$18K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0311%	8h	1.5493	+0.054%	$1.9M	$34.1M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0315%	1h	1.5500	+0.099%	$1.7M	$1.0M	25x	as long as short
Hyperliquid XRP	+0.0593%	1h	1.5499	+0.092%	$294.6M	$209.6M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5509	+0.156%	$504K	$633K	10x	as long as short
Aftermath Perps XRPUSD	+0.0789%	1h	1.5540	+0.355%	$1K	$11K	10x	as long as short