Funding you earn now, next payment 08:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.020%
Price spread now: Orderly against gTrade (Gains Network)+0.049%7-day average −0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.049%, 7d avg −0.003%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.052% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XRP/USD | 1.5210 | L +0.0003% / S −0.0004% | pay 0.0000% / 1h | 54m 30s | $246K | — | 150x |
| Short | Orderly PERP_XRP_USDC | 1.5217 | 0.0100 | get 0.0100% / 8h | 54m 30s | $75K | $686K | 50x |
gTrade (Gains Network) XRP/USD
Orderly PERP_XRP_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: +0.049% → −0.003%
- $5.16
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $9.46
- Costs to cover
- 0.160%
- Break-even
- 3.7 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 50 min ago; Orderly: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) virtual book (oracle venue), 50 min ago | 130.02 bp | 135.0 bp −$135 | 208.0 bp −$2,080 | 1906.1 bp −$190.6K | 9819.7 bp −$4.91M |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 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 | 1.5222 | +0.082% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5214 | +0.032% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5180 | −0.195% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USDlong | L +0.0003% / S −0.0004% | 1h | 1.5210 | long leg | $246K | — | 150x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.304% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5216 | +0.043% | $14.5M | $74.2M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0095% / S −0.0052% | 1h | 1.5207 | −0.020% | $785K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5218 | +0.055% | $2.8M | $15.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5220 | +0.068% | $546K | $3.1M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5214 | +0.029% | $10K | $370K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5215 | +0.038% | $1.0M | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5226 | +0.105% | $38.6M | $87.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5220 | +0.066% | $614K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5223 | +0.088% | $533.2M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5223 | +0.088% | $349.5M | $959.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5224 | +0.095% | $127.9M | $885.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5214 | +0.029% | $565K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5229 | +0.128% | $145K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5195 | −0.093% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5222 | +0.082% | $379.8M | $159.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5216 | +0.042% | $313.4M | $916.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5217 | +0.046% | $106.3M | $183.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5222 | +0.082% | $269.2M | $394.9M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5218 | +0.055% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5174 | −0.236% | $4.8M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5183 | −0.174% | $660K | $113.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5194 | −0.099% | $1.1M | $35.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5181 | −0.188% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5224 | +0.095% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5225 | +0.101% | $50K | $510K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5208 | −0.011% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDCshort | +0.0100% | 8h | 1.5217 | +0.049% | $75K | $686K | 50x | |
| Derive XRP-PERP | +0.0100% | 1h | 1.5231 | +0.139% | $819K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5221 | +0.077% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5217 | +0.049% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5211 | +0.007% | $49.7M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5223 | +0.088% | $54.4M | $32.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5223 | +0.086% | $475K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5220 | +0.069% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5215 | +0.037% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0136% | 1h | 1.5206 | −0.023% | $17K | $79K | 7x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0144% | 1h | 1.5222 | +0.082% | $7.8M | $24.4M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0152% | 1h | 1.5226 | +0.108% | $9K | $2K | 10x | as long as short |
| Backpack XRP_USDC_PERP | +0.0153% | 1h | 1.5237 | +0.180% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5220 | +0.068% | $5.6M | $48.3M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0211% | 8h | 1.5216 | +0.042% | $1.8M | $34.6M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5221 | +0.072% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5219 | +0.062% | $23.8M | $78.0M | 125x | as long as short |
| Hyperliquid XRP | +0.0223% | 1h | 1.5240 | +0.200% | $290.2M | $267.3M | 20x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5229 | +0.127% | $530K | $806K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0686% | 1h | 1.5208 | −0.013% | $2K | $16K | 10x | as long as short |
Nado XRP-PERP
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
Hibachi XRP/USDT-P
Deribit XRP_USDC-PERPETUAL
01 Exchange XRPUSD
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD