Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Phemex0.000%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now 0.000%, 7d avg −0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XRPUSDT | 1.5142 | 0.0100 | pay 0.0100% / 8h | 1h 48m | $54.0M | $32.2M | 50x |
| Short | Gate XRP_USDT | 1.5142 | 0.0100 | get 0.0100% / 8h | 1h 48m | $373.1M | $158.9M | 100x |
Phemex XRPUSDT
Gate XRP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Phemex. 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
- $0
- Price spread: 0.000% → −0.003%
- $0.35
- Slippage, 4 orders
- −$13.73
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$40.38
- Costs to cover
- 0.407%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 6 min ago; Gate: live order book, 1 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 Phemex live order book, 6 min ago | 1.98 bp | 10.6 bp −$11 | 15.3 bp −$153 | 23.1 bp −$2,312 | doesn't fit |
| Sell Gate live order book, 1 min ago | 0.33 bp | 10.1 bp −$10 | 13.1 bp −$131 | 27.2 bp −$2,721 | 38.7 bp −$19.3K |
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 | 1.5148 | +0.040% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5146 | +0.027% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.185% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5143 | +0.009% | $245K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5148 | +0.040% | $7.7M | $25.1M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5146 | +0.026% | $14.4M | $75.3M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.761% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5139 | −0.020% | $8K | $8K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0079% / S −0.0026% | 1h | 1.5143 | +0.008% | $798K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5145 | +0.022% | $2.8M | $15.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
GMX XRP/USD [ETH-USDC]
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5147 | +0.033% | $546K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5138 | −0.026% | $12K | $367K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5147 | +0.030% | $994K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5144 | +0.011% | $38.5M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5151 | +0.059% | $606K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5144 | +0.013% | $528.3M | $2.23B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5145 | +0.020% | $344.7M | $967.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5146 | +0.026% | $127.1M | $891.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5146 | +0.026% | $563K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5147 | +0.033% | $143K | $718K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5129 | −0.087% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDTshort | +0.0100% | 8h | 1.5142 | 0.000% | $373.1M | $158.9M | 100x | |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5145 | +0.020% | $298.7M | $918.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5144 | +0.012% | $107.3M | $182.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5145 | +0.020% | $266.9M | $400.1M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5144 | +0.013% | — | $106.4M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5130 | −0.079% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5141 | −0.005% | $658K | $114.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5141 | −0.008% | $1.1M | $36.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5146 | +0.026% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5147 | +0.030% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5144 | +0.013% | $47K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5144 | +0.014% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5144 | +0.013% | $65K | $933K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5144 | +0.016% | $815K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5148 | +0.042% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5143 | +0.007% | $30K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5147 | +0.030% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDTlong | +0.0100% | 8h | 1.5142 | long leg | $54.0M | $32.2M | 50x | |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5153 | +0.073% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5138 | −0.024% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5142 | 0.000% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0163% | 1h | 1.5155 | +0.086% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5163 | +0.138% | $17K | $81K | 7x | as long as short |
| Hyperliquid XRP | +0.0168% | 1h | 1.5159 | +0.112% | $289.2M | $264.2M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5150 | +0.053% | $5.7M | $48.3M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5137 | −0.031% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5146 | +0.026% | $23.5M | $77.9M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0223% | 8h | 1.5155 | +0.086% | $1.7M | $35.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5147 | +0.035% | $522K | $796K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0550% | 1h | 1.5146 | +0.027% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
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
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
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
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD