XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Arcus against gTrade (Gains Network)+0.124%46s7-day average 0.000% · 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—prices read too far apart to compare

costs, in and out, $10k−$2802.801% of the position

Long on gTrade (Gains Network)Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.095%+$9 on $10k

Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.124%, 7d avg 0.000%

Together, before fees−0.098%−$10 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 Arcus is 0.124% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of 0.000%. The two prices were read 46 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	gTrade (Gains Network) XRP/USD	1.5146	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	26m 31s	$253K	—	150x
Short	Arcus XRP-USD	1.5165	0.0100	get 0.0013% / 1h	26m 31s	$114K	$713K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ArcusbpOrdersPrice spread, now +0.124%Rate

Funding earned: $20.3
Price spread: +0.124% → 0.000%: $12.37
Slippage, 4 orders: −$265.57
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$247.4
Costs to cover: 2.801%
Break-even: 92.3 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 38 min ago; Arcus: live order book, 37 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 gTrade (Gains Network) virtual book (oracle venue), 38 min ago	130.04 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
Sell Arcus live order book, 37 min ago	0.66 bp	5.6 bp −$6	11.5 bp −$115	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	1.5153	+0.045%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5158	+0.077%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5146	long leg	$253K	—	150x
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5150	+0.025%	$7.7M	$25.4M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.732%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0035% / S +0.0042%	1h	1.5146	−0.004%	$818K	—	200x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5168	+0.144%	$8K	$8K	10x	as long as short
Orderly PERP_XRP_USDC	+0.0076%	8h	1.5148	+0.012%	$62K	$935K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5161	+0.098%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5157	+0.071%	$511K	$3.3M	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	1.5158	+0.078%	$10K	$309K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5160	+0.094%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5176	+0.197%	$281.3M	$221.7M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5158	+0.077%	$38.4M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5161	+0.099%	$609K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5169	+0.151%	$537.8M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5167	+0.137%	$344.2M	$926.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5171	+0.164%	$125.9M	$866.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5171	+0.164%	$564K	$28K	5x	as long as short
Arcus XRP-USDshort	+0.0100%	1h	1.5165	+0.124%	$114K	$713K	20x
Bulk XRP-USD	+0.0100%	1h	1.5156	+0.066%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5160	+0.091%	$369.4M	$152.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5161	+0.098%	$293.4M	$899.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5161	+0.098%	$108.2M	$171.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5165	+0.124%	$268.3M	$379.9M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5161	+0.098%	—	$126.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5198	+0.345%	$5.8M	$36.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5184	+0.249%	$659K	$107.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5175	+0.188%	$1.1M	$35.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5208	+0.408%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5163	+0.114%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5167	+0.137%	$42K	$450K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5148	+0.013%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5149	+0.021%	$815K	$73K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5157	+0.075%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5148	+0.012%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5157	+0.075%	$49.6M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5154	+0.051%	$53.9M	$30.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5160	+0.093%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5156	+0.067%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5146	+0.001%	$58K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0186%	1h	1.5160	+0.091%	$1.9M	$1.3M	25x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5164	+0.116%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5153	+0.045%	$5.6M	$46.4M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5154	+0.051%	$24.2M	$74.8M	125x	as long as short
Hibachi XRP/USDT-P	+0.0240%	1h	1.5149	+0.017%	$17K	$82K	7x	as long as short
Kraken Futures PF_XRPUSD	+0.0273%	1h	1.5147	+0.003%	$14.5M	$73.1M	50x	as long as short
Kalshi KXXRPPERP	+0.0352%	8h	1.5158	+0.078%	$2.1M	$35.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5172	+0.173%	$517K	$776K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5190	+0.289%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0685%	1h	1.5167	+0.137%	$2K	$14K	10x	as long as short