Funding you earn now, next payment 08:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Katana Perps+0.052%7-day average +0.014% · 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)−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)−0.025%−$3 · spread now +0.052%, 7d avg +0.014%
=The price spread pays, funding is against you. gTrade (Gains Network) is 0.038% dearer against Katana Perps than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of +0.014%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps XRP-USD | 1.5159 | 0.0099 | pay 0.0099% / 8h | 33m 58s | $20K | $380K | 20x |
| Short | gTrade (Gains Network) XRP/USD | 1.5167 | L +0.0003% / S −0.0004% | get 0.0000% / 1h | 33m 58s | $245K | — | 150x |
Katana Perps XRP-USD
gTrade (Gains Network) XRP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Katana Perps. 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
- −$20.02
- Price spread: +0.052% → +0.014%
- $3.82
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$30
- Costs to cover
- 0.138%
- Break-even
- never at this rate
Slippage unknown: Katana Perps: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 5 min ago. 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) virtual book (oracle venue), 5 min ago | 130.05 bp | 135.1 bp −$135 | 193.2 bp −$1,932 | 1958.1 bp −$195.8K | doesn't fit |
Katana Perps: 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 | 1.5138 | −0.139% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5131 | −0.185% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USDshort | L +0.0003% / S −0.0004% | 1h | 1.5167 | +0.052% | $245K | — | 150x | |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5165 | +0.040% | $7.8M | $24.1M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.645% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5160 | +0.009% | $14.6M | $73.9M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5162 | +0.022% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5160 | +0.007% | $603K | $3.2M | 20x | as long as short |
| 01 Exchange XRPUSD | +0.0096% | 1h | 1.5171 | +0.079% | $8K | $2K | 10x | as long as short |
| Katana Perps XRP-USDlong | +0.0099% | 8h | 1.5159 | long leg | $20K | $380K | 20x |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
Lighter RH XRP
01 Exchange XRPUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5165 | +0.043% | $1.0M | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5173 | +0.092% | $38.4M | $86.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5136 | −0.149% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5172 | +0.086% | $530.9M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5172 | +0.086% | $349.7M | $956.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5175 | +0.106% | $127.9M | $869.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5179 | +0.132% | $564K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5170 | +0.073% | $143K | $716K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5190 | +0.204% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5169 | +0.066% | $377.8M | $161.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5169 | +0.066% | $309.1M | $923.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5169 | +0.067% | $106.3M | $184.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5167 | +0.053% | $268.1M | $390.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5167 | +0.053% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5150 | −0.062% | $4.9M | $38.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5179 | +0.132% | $659K | $113.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5210 | +0.336% | $1.1M | $35.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5181 | +0.145% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5162 | +0.019% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5172 | +0.086% | $52K | $513K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5169 | +0.066% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5161 | +0.013% | $77K | $688K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5140 | −0.125% | $814K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5162 | +0.018% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5160 | +0.007% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5168 | +0.058% | $49.5M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5157 | −0.013% | $54.1M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5135 | −0.159% | $472K | $55K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0102% / S −0.0062% | 1h | 1.5155 | −0.027% | $783K | — | 200x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5165 | +0.042% | $2.1M | $6.9M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0104% | 1h | 1.5169 | +0.065% | $17K | $78K | 7x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5156 | −0.016% | $58K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0124% | 1h | 1.5168 | +0.062% | $289.4M | $267.9M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0144% | 1h | 1.5167 | +0.053% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5158 | −0.007% | $5.6M | $48.2M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0188% | 8h | 1.5169 | +0.066% | $1.8M | $34.4M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5164 | +0.034% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5143 | −0.106% | $23.6M | $77.6M | 125x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5170 | +0.072% | $521K | $807K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5230 | +0.468% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0647% | 1h | 1.5188 | +0.194% | $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
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
GMX XRP/USD [ETH-USDC]
Extended XRP-USD
Hibachi XRP/USDT-P
Aevo XRP-PERP
Hyperliquid XRP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD