XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0270%/8h= −29.6% APRnext payment −$0.34 per $10,000 · paid last 24h −0.109%

Price spread now: GMX against ApeX Omni−0.106%52s7-day average −0.008% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.233%−$23 on $10k

Price spread, last 3 days (all we have)+0.608%+$61 · spread now −0.106%, 7d avg −0.008%

Together, before fees+0.376%+$38 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and GMX is 0.098% cheaper against ApeX Omni than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.008%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XRPUSDT	1.5489	0.0100	pay 0.0013% / 1h	9m 33s	$1.0M	$878K	50x
Short	GMX XRP/USD [ETH-USDC]	1.5473	L +0.0075% / S +0.0170%	pay 0.0021% / 1h	9m 33s	$911K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee GMXbpOrdersPrice spread, now −0.106%Rate

Funding earned: −$56.76
Price spread: −0.106% → −0.008%: −$9.84
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$88.6
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 4 min ago; GMX: 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 ApeX Omni live order book, 4 min ago	2.27 bp	7.4 bp −$7	15.0 bp −$150	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	1.5477	−0.077%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5451	−0.247%	$1.1M	$101K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5450	−0.252%	$69K	$89K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5473	−0.103%	$259K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0009%	1h	1.5473	−0.103%	$9.4M	$24.7M	50x	as long as short
Injective XRP/USDC PERP	+0.0040%	1h	1.5290	−1.285%	$2K	$86K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0047%	8h	1.5475	−0.090%	$80K	$933K	50x	as long as short
GMX XRP/USD [ETH-USDC]short	L +0.0075% / S +0.0170%	1h	1.5473	−0.106%	$911K	—	200x
Lighter XRP	+0.0096%	1h	1.5446	−0.280%	$3.0M	$11.5M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5450	−0.252%	$447K	$3.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5442	−0.300%	$1.1M	$5.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5447	−0.271%	$39.3M	$73.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5447	−0.271%	$675K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5442	−0.303%	$555.6M	$1.87B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5439	−0.323%	$347.9M	$851.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5438	−0.329%	$126.4M	$847.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5427	−0.400%	$574K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5449	−0.258%	$120K	$686K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5472	−0.113%	$1.7M	$470K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5441	−0.310%	$368.7M	$133.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5437	−0.336%	$291.8M	$820.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5444	−0.291%	$112.1M	$149.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5437	−0.336%	$267.5M	$346.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5446	−0.278%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5487	−0.012%	$6.7M	$24.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5464	−0.164%	$671K	$95.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5471	−0.114%	$1.1M	$41.5M	20x	as long as short
ApeX Omni XRPUSDTlong	+0.0100%	1h	1.5489	long leg	$1.0M	$878K	50x
Vest XRP-PERP	+0.0100%	1h	1.5442	−0.303%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5445	−0.284%	$50K	$468K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5435	−0.349%	$42K	$60K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5437	−0.337%	$831K	$70K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5478	−0.068%	$129K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5466	−0.148%	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5474	−0.094%	$50.9M	$14.9M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5463	−0.168%	$55.2M	$28.4M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5443	−0.294%	$481K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5443	−0.297%	$12K	$239K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5440	−0.315%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5470	−0.126%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0144%	1h	1.5450	−0.252%	$8K	$8K	10x	as long as short
Kraken Futures PF_XRPUSD	+0.0168%	1h	1.5467	−0.139%	$15.7M	$65.4M	50x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5479	−0.065%	$5.6M	$45.1M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0203%	1h	1.5467	−0.142%	$1.8M	$953K	25x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5436	−0.345%	$1.4M	$9K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5480	−0.058%	$24.2M	$68.7M	125x	as long as short
Kalshi KXXRPPERP	+0.0284%	8h	1.5490	+0.006%	$1.8M	$32.0M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0296%	1h	1.5481	−0.051%	$19K	$66K	7x	as long as short
RISEx XRP/USDC	+0.0431%	1h	1.5453	−0.230%	$406K	$499K	10x	as long as short
Hyperliquid XRP	+0.0507%	1h	1.5455	−0.220%	$284.9M	$190.2M	20x	as long as short
Aftermath Perps XRPUSD	+0.0532%	1h	1.5450	−0.254%	$1K	$11K	10x	as long as short