Funding you earn now, next payment 23:00 UTC−0.0224%/8h= −24.5% APRpaid last 24h −0.067%
Price spread now: GMX against edgeX−0.025%70s7-day average +0.050% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.086%−$9 on $10k
+Price spread, last 3 days (all we have)+0.246%+$25 · spread now −0.025%, 7d avg +0.050%
=Together, before fees+0.160%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GMX is 0.075% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.050%). Swap the legs. The two prices were read 70 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 | edgeX XRPUSDC | 1.5531 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $674K | $101.0M | 30x |
| Short | GMX XRP/USD [ETH-USDC] | 1.5527 | L +0.0052% / S +0.0124% | pay 0.0015% / 1h | 28m 02s | $1.1M | — | 200x |
edgeX XRPUSDC
GMX XRP/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against edgeX. 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
- −$47.01
- Price spread: −0.025% → +0.050%
- −$7.48
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$75.49
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 1 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 edgeX live order book, 1 min ago | 1.29 bp | 5.8 bp −$6 | 6.2 bp −$62 | 21.0 bp −$2,103 | 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 | 1.5544 | +0.082% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5536 | +0.031% | $1.1M | $114K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5513 | −0.117% | $9.5M | $25.3M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5527 | −0.026% | $260K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5290 | −1.553% | $2K | $86K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0041% | 1h | 1.5506 | −0.165% | $15.4M | $68.8M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC]short | L +0.0052% / S +0.0124% | 1h | 1.5527 | −0.025% | $1.1M | — | 200x | |
| Orderly PERP_XRP_USDC | +0.0054% | 8h | 1.5517 | −0.092% | $77K | $945K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5513 | −0.119% | $3.0M | $12.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5515 | −0.105% | $439K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5545 | +0.092% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5506 | −0.164% | $39.4M | $78.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5543 | +0.077% | $640K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5497 | −0.220% | $557.6M | $1.97B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5499 | −0.208% | $346.8M | $892.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5496 | −0.227% | $127.1M | $875.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5515 | −0.105% | $577K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5548 | +0.108% | $118K | $739K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5503 | −0.182% | $373.4M | $139.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5500 | −0.201% | $291.7M | $849.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5509 | −0.146% | $113.3M | $158.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5500 | −0.201% | $270.3M | $362.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5500 | −0.201% | — | $117.6M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5485 | −0.300% | $11.7M | $30.1M | — | as long as short |
| edgeX XRPUSDClong | +0.0100% | 4h | 1.5531 | long leg | $674K | $101.0M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5464 | −0.435% | $1.1M | $41.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5529 | −0.014% | $1.0M | $882K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5526 | −0.036% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5549 | +0.114% | $46K | $445K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5525 | −0.040% | $42K | $65K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5520 | −0.075% | $835K | $79K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5524 | −0.044% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5509 | −0.143% | $31K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5516 | −0.097% | $51.0M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5514 | −0.111% | $55.2M | $29.2M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5477 | −0.351% | $1.7M | $578K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5548 | +0.105% | $485K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5542 | +0.069% | $11K | $255K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5514 | −0.114% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5514 | −0.108% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0176% | 1h | 1.5552 | +0.134% | $8K | $8K | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0176% | 1h | 1.5509 | −0.144% | $18K | $81K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0211% | 1h | 1.5530 | −0.006% | $1.4M | $9K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5517 | −0.092% | $5.8M | $47.1M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5510 | −0.137% | $24.6M | $73.4M | 125x | as long as short |
| Backpack XRP_USDC_PERP | +0.0266% | 1h | 1.5510 | −0.137% | $1.8M | $1.0M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0317% | 8h | 1.5556 | +0.159% | $1.9M | $32.7M | 2.9x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5480 | −0.330% | $69K | $90K | 15x | as long as short |
| RISEx XRP/USDC | +0.0527% | 1h | 1.5556 | +0.161% | $509K | $629K | 10x | as long as short |
| Hyperliquid XRP | +0.0596% | 1h | 1.5519 | −0.079% | $290.6M | $202.6M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0727% | 1h | 1.5545 | +0.086% | $1K | $11K | 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
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
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
Bulk XRP-USD
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Phoenix XRP
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD