Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.024%
Price spread now: Derive against gTrade (Gains Network)−0.003%7-day average +0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.088%+$9 on $10k
Price spread, last 3 days (all we have)−0.118%−$12 · spread now −0.003%, 7d avg +0.002%
Together, before fees−0.030%−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XRP/USD1.5143L +0.0003% / S −0.0004%pay 0.0000% / 1h17m 54s$253K150x
ShortDerive XRP-PERP1.51420.0100get 0.0013% / 1h17m 54s$815K$75K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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

Funding earned
$20.3
Price spread: −0.003% → +0.002%
−$0.48
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Derive: 3 bp × 2 orders
−$6
Net
$3.83
Costs to cover
0.160%
Break-even
5.7 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 51 min ago; Derive: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) virtual book (oracle venue), 51 min ago130.04 bp135.0 bp −$135208.0 bp −$2,0801906.1 bp −$190.6K9819.7 bp −$4.91M
Sell Derive no order-book sample
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XRP on 50 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5146+0.022%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5152+0.059%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.180%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDlongL +0.0003% / S −0.0004%1h1.5143long leg$253K150x
GMX XRP/USD [ETH-USDC]L +0.0022% / S +0.0057%1h1.5141−0.013%$800K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.756%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5141−0.014%$14.5M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0072%8h1.5139−0.024%$62K$953K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5146+0.022%$7.6M$25.3M50xas long as short
Lighter XRP+0.0096%1h1.5145+0.014%$2.8M$14.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5146+0.022%$511K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5124−0.123%$10K$307K20xas long as short
Nado XRP-PERP+0.0100%1h1.5137−0.034%$934K$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5130−0.084%$38.5M$84.2M100xas long as short
Pacifica XRP+0.0100%1h1.5156+0.086%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5130−0.084%$536.7M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5131−0.077%$340.7M$940.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5135−0.051%$124.1M$871.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5130−0.084%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5139−0.024%$114K$701K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190+0.309%$1.6M$330K20xas long as short
Gate XRP_USDT+0.0100%8h1.5127−0.104%$368.0M$152.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5130−0.084%$289.6M$915.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5123−0.133%$106.9M$171.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5133−0.064%$266.6M$384.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5124−0.123%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5151+0.053%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5154+0.072%$658K$109.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5186+0.286%$1.1M$37.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5155+0.081%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5141−0.014%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5136−0.044%$44K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5144+0.010%$41K$68K20xas long as short
Derive XRP-PERPshort+0.0100%1h1.5142−0.003%$815K$75K10x
SunX XRP-USDT+0.0100%8h1.5142−0.004%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5143+0.002%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5145+0.013%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5133−0.064%$53.8M$29.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5156+0.089%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5124−0.120%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5139−0.025%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0136%1h1.5131−0.077%$8K$8K10xas long as short
Hyperliquid XRP+0.0189%1h1.5141−0.011%$280.3M$222.0M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5133−0.067%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5149+0.042%$5.7M$46.7M50xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5132−0.070%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0343%1h1.5138−0.031%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0361%8h1.5146+0.022%$2.1M$35.7M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5134−0.060%$529K$787K10xas long as short
Aftermath Perps XRPUSD+0.0756%1h1.5153+0.070%$2K$14K10xas long as short