XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0213%/8h= +23.3% APRnext payment +$0.27 per $10,000 · paid last 24h +0.052%

Price spread now: Coinbase International against gTrade (Gains Network)+0.026%7-day average +0.028% · 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−$286as in the Price arb table

costs, in and out, $10k−$2852.853% of the position

Long on gTrade (Gains Network)Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.127%+$13 on $10k

Price spread, last 3 days (all we have)−0.181%−$18 · spread now +0.026%, 7d avg +0.028%

Together, before fees−0.054%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5583	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	23m 59s	$261K	—	150x
Short	Coinbase International XRP-PERP-INTX	1.5587	0.0216	get 0.0027% / 1h	23m 59s	$5.8M	$47.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.026%Rate

Funding earned: $44.67
Price spread: +0.026% → +0.028%: −$0.27
Slippage, 4 orders: −$265.32
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$240.93
Costs to cover: 2.853%
Break-even: 44.8 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 60 min ago; Coinbase International: live order book, 5 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), 60 min ago	130.03 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
Sell Coinbase International live order book, 5 min ago	0.64 bp	7.6 bp −$8	12.2 bp −$122	28.4 bp −$2,845	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	1.5536	−0.302%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5565	−0.115%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5583	long leg	$261K	—	150x
Deribit XRP_USDC-PERPETUAL	+0.0007%	1h	1.5587	+0.026%	$9.6M	$25.3M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−1.880%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5583	−0.002%	$15.5M	$68.8M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0053% / S +0.0121%	1h	1.5583	+0.003%	$1.1M	—	200x	as long as short
Orderly PERP_XRP_USDC	+0.0054%	8h	1.5581	−0.013%	$79K	$946K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5583	−0.002%	$3.0M	$12.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5582	−0.006%	$441K	$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
Nado XRP-PERP	+0.0100%	1h	1.5570	−0.087%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5571	−0.075%	$39.6M	$78.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5574	−0.057%	$641K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5572	−0.069%	$560.3M	$1.97B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5578	−0.032%	$348.4M	$895.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5578	−0.032%	$127.7M	$881.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5528	−0.353%	$578K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5576	−0.045%	$119K	$740K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5569	−0.090%	$374.5M	$140.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5569	−0.090%	$297.5M	$853.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5575	−0.051%	$113.8M	$159.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5578	−0.032%	$271.8M	$363.1M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5570	−0.083%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5537	−0.298%	$11.7M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5495	−0.562%	$675K	$101.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5534	−0.316%	$1.1M	$41.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5504	−0.507%	$1.0M	$882K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5579	−0.026%	$46K	$445K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5585	+0.014%	$42K	$65K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5585	+0.011%	$839K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5582	−0.009%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5584	+0.006%	$33K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5577	−0.037%	$51.2M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5574	−0.058%	$55.4M	$29.2M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5477	−0.682%	$1.7M	$578K	20x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5566	−0.108%	—	$10K	10x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5574	−0.057%	$486K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5566	−0.109%	$12K	$259K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5575	−0.054%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5580	−0.020%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5576	−0.045%	$8K	$8K	10x	as long as short
Hibachi XRP/USDT-P	+0.0192%	1h	1.5552	−0.198%	$18K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5575	−0.053%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0216%	1h	1.5587	+0.026%	$5.8M	$47.4M	50x
BloFin XRP-USDT	+0.0220%	8h	1.5554	−0.186%	$24.6M	$73.7M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0287%	1h	1.5580	−0.019%	$1.8M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0322%	8h	1.5586	+0.019%	$1.9M	$32.8M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5480	−0.661%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5582	−0.007%	$511K	$629K	10x	as long as short
Hyperliquid XRP	+0.0599%	1h	1.5588	+0.032%	$291.8M	$202.6M	20x	as long as short
Aftermath Perps XRPUSD	+0.0733%	1h	1.5548	−0.223%	$1K	$11K	10x	as long as short