XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.04 per $10,000 · paid last 24h −0.066%

Price spread now: GMX against dYdX−0.001%7-day average +0.027% · you buy dearer than you sell

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

Long on dYdX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.148%−$15 on $10k

Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.001%, 7d avg +0.027%

Together, before fees−0.093%−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GMX is 0.028% cheaper against dYdX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.027%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XRP-USD	1.5141	0	get 0.0000% / 1h	41m 38s	$1.1M	$114K	10x
Short	GMX XRP/USD [ETH-USDC]	1.5141	L +0.0039% / S +0.0031%	pay 0.0004% / 1h	41m 38s	$788K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against dYdX. 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 dYdXbpFee GMXbpOrdersPrice spread, now −0.001%Rate

Funding earned: −$6.43
Price spread: −0.001% → +0.027%: −$2.79
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$31.22
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: dYdX: live order book, 3 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 dYdX live order book, 3 min ago	18.15 bp	25.5 bp −$25	35.9 bp −$359	41.0 bp −$4,096	87.6 bp −$43.8K
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	1.5148	+0.044%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0071%	1h	1.5137	−0.026%	$14.3M	$73.7M	50x	as long as short
dYdX XRP-USDlong	0.0000%	1h	1.5141	long leg	$1.1M	$114K	10x
Phoenix XRP	0.0000%	1h	1.5140	−0.009%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5142	+0.004%	$253K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5145	+0.024%	$7.7M	$25.6M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.765%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]short	L +0.0039% / S +0.0031%	1h	1.5141	−0.001%	$788K	—	200x
01 Exchange XRPUSD	+0.0064%	1h	1.5153	+0.077%	$8K	$8K	10x	as long as short
Orderly PERP_XRP_USDC	+0.0079%	8h	1.5143	+0.011%	$62K	$935K	50x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XRP	+0.0096%	1h	1.5149	+0.053%	$2.8M	$14.6M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5150	+0.057%	$510K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0097%	8h	1.5138	−0.022%	$10K	$321K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5146	+0.034%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5155	+0.090%	$281.4M	$225.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5147	+0.037%	$38.3M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5149	+0.051%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5147	+0.040%	$533.4M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5146	+0.031%	$344.7M	$931.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5149	+0.051%	$125.9M	$874.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5133	−0.055%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5109	−0.214%	$113K	$717K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5146	+0.029%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5144	+0.018%	$369.7M	$153.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5146	+0.031%	$289.5M	$896.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5145	+0.026%	$107.9M	$173.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5145	+0.024%	$267.8M	$383.6M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5145	+0.024%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5129	−0.083%	$5.4M	$37.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5151	+0.065%	$658K	$108.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5138	−0.022%	$1.1M	$35.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5142	+0.004%	$1.2M	$1.1M	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5148	+0.044%	$43K	$451K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5143	+0.009%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5142	+0.007%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5150	+0.054%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5139	−0.015%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5136	−0.035%	$49.5M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5139	−0.015%	$54.0M	$30.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5148	+0.045%	$472K	$55K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5146	+0.032%	—	$11K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5144	+0.015%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5142	+0.003%	$58K	$25K	3x	as long as short
Hibachi XRP/USDT-P	+0.0160%	1h	1.5150	+0.057%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0167%	1h	1.5150	+0.057%	$1.9M	$1.3M	25x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5154	+0.084%	$5.6M	$47.1M	50x	as long as short
Reya XRPRUSDPERP	+0.0216%	1h	1.5142	+0.005%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5138	−0.022%	$24.1M	$76.0M	125x	as long as short
Kalshi KXXRPPERP	+0.0319%	8h	1.5149	+0.051%	$2.1M	$34.4M	2.9x	as long as short
RISEx XRP/USDC	+0.0352%	1h	1.5151	+0.064%	$516K	$780K	10x	as long as short
Aftermath Perps XRPUSD	+0.0668%	1h	1.5151	+0.063%	$2K	$15K	10x	as long as short