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: Nado against gTrade (Gains Network)+0.063%7-day average +0.001% · 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−$273as in the Price arb table
costs, in and out, $10k−$2792.787% of the position
Funding, last 3 days (all we have)+0.093%+$9 on $10k
+Price spread, last 3 days (all we have)−0.109%−$11 · spread now +0.063%, 7d avg +0.001%
=Together, before fees−0.016%+ Points / potential airdropNado: Active · farm board−$2 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 0.061% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XRP/USD | 1.5119 | L +0.0003% / S −0.0004% | pay 0.0000% / 1h | 51m 44s | $253K | — | 150x |
| Short | Nado XRP-PERP | 1.5128 | 0.0100 | get 0.0012% / 1h | 51m 44s | $990K | $5.9M | 20x |
gTrade (Gains Network) XRP/USD
Nado XRP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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 itlatest
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: +0.063% → +0.001%
- $6.14
- Slippage, 4 orders
- −$261.72
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$252.28
- Costs to cover
- 2.787%
- Break-even
- 94.0 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 12 min ago; Nado: live order book, 2 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), 12 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 Nado live order book, 2 min ago | 0.33 bp | 4.7 bp −$5 | 9.6 bp −$96 | 38.7 bp −$3,874 | doesn't fit |
XRP on 50 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 | 1.5089 | −0.198% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5129 | +0.065% | $1.1M | $110K | 10x | as long as short |
| gTrade (Gains Network) XRP/USDlong | L +0.0003% / S −0.0004% | 1h | 1.5119 | long leg | $253K | — | 150x | |
| GMX XRP/USD [ETH-USDC] | L +0.0026% / S +0.0050% | 1h | 1.5122 | +0.019% | $799K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.917% | $2K | $107K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0075% | 8h | 1.5118 | −0.007% | $62K | $935K | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5126 | +0.046% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5140 | +0.141% | $2.8M | $14.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5140 | +0.139% | $509K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5112 | −0.046% | $9K | $305K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Orderly PERP_XRP_USDC
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USDShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERPshort | +0.0100% | 1h | 1.5128 | +0.063% | $990K | $5.9M | 20x | |
| Hyperliquid XRP | +0.0100% | 1h | 1.5148 | +0.192% | $280.1M | $220.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5132 | +0.083% | $38.3M | $83.0M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5140 | +0.139% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5138 | +0.128% | $536.8M | $2.09B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5138 | +0.126% | $342.4M | $924.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5139 | +0.132% | $124.9M | $862.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5113 | −0.040% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5143 | +0.159% | $114K | $694K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5087 | −0.215% | $1.6M | $161K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5130 | +0.073% | $369.6M | $150.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5137 | +0.119% | $293.6M | $891.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5136 | +0.115% | $106.6M | $170.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5140 | +0.139% | $266.8M | $379.0M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5124 | +0.033% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5143 | +0.159% | $6.1M | $35.9M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5094 | −0.162% | $655K | $108.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5115 | −0.027% | $1.1M | $35.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5094 | −0.165% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5124 | +0.031% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5127 | +0.053% | $41K | $447K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5129 | +0.067% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5123 | +0.027% | $814K | $75K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5131 | +0.079% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5126 | +0.046% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5123 | +0.027% | $49.5M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5128 | +0.060% | $53.8M | $29.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5137 | +0.122% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5126 | +0.050% | $2.0M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5121 | +0.012% | $58K | $25K | 3x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0147% | 1h | 1.5128 | +0.060% | $7.7M | $25.1M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5120 | +0.008% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5130 | +0.073% | $5.6M | $46.3M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0244% | 1h | 1.5136 | +0.112% | $1.9M | $1.3M | 25x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0274% | 1h | 1.5123 | +0.028% | $14.5M | $72.8M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0312% | 1h | 1.5118 | −0.007% | $17K | $81K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0356% | 8h | 1.5133 | +0.093% | $2.1M | $34.9M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0484% | 1h | 1.5129 | +0.065% | $527K | $787K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5100 | −0.126% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0723% | 1h | 1.5118 | −0.006% | $2K | $14K | 10x | as long as short |
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Deribit XRP_USDC-PERPETUAL
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kraken Futures PF_XRPUSD
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD