XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.07 per $10,000 · paid last 24h −0.073%

Price spread now: GMX against gTrade (Gains Network)−0.007%7-day average +0.030% · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.150%−$15 on $10k

Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.007%, 7d avg +0.030%

Together, before fees−0.143%−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GMX is 0.036% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.030%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5103	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	58m 16s	$253K	—	150x
Short	GMX XRP/USD [ETH-USDC]	1.5102	L +0.0025% / S +0.0052%	pay 0.0006% / 1h	58m 16s	$798K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee GMXbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$11.53
Price spread: −0.007% → +0.030%: −$3.63
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$37.16
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 6 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 gTrade (Gains Network) virtual book (oracle venue), 6 min ago	130.04 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
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 50 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	1.5118	+0.099%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5116	+0.086%	$1.1M	$110K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5140	+0.245%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5103	long leg	$253K	—	150x
GMX XRP/USD [ETH-USDC]short	L +0.0025% / S +0.0052%	1h	1.5102	−0.007%	$798K	—	200x
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.026%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0074%	8h	1.5108	+0.033%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5114	+0.073%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5109	+0.042%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5110	+0.046%	$508K	$3.2M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5107	+0.026%	$9K	$305K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5105	+0.017%	$965K	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5116	+0.086%	$279.5M	$220.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5106	+0.021%	$38.3M	$83.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5114	+0.073%	$607K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5104	+0.010%	$535.2M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5096	−0.046%	$340.6M	$924.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5098	−0.033%	$124.5M	$861.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5118	+0.099%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5114	+0.073%	$114K	$694K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5144	+0.271%	$1.6M	$214K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5104	+0.007%	$367.0M	$149.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5107	+0.026%	$293.2M	$889.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5105	+0.010%	$106.5M	$170.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5104	+0.007%	$266.5M	$379.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5107	+0.026%	—	$126.6M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5125	+0.145%	$6.2M	$35.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5125	+0.148%	$657K	$109.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5132	+0.191%	$1.1M	$36.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5131	+0.185%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5113	+0.066%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5115	+0.079%	$41K	$445K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5107	+0.028%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5110	+0.049%	$813K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5118	+0.099%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5108	+0.033%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5106	+0.020%	$49.5M	$15.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5103	0.000%	$53.8M	$29.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5117	+0.092%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5104	+0.006%	$2.0M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5107	+0.023%	$58K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0147%	1h	1.5110	+0.046%	$7.7M	$25.2M	50x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5106	+0.022%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5109	+0.040%	$5.7M	$46.2M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0267%	1h	1.5132	+0.192%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0274%	1h	1.5104	+0.007%	$14.5M	$72.8M	50x	as long as short
Hibachi XRP/USDT-P	+0.0328%	1h	1.5110	+0.049%	$17K	$81K	7x	as long as short
Kalshi KXXRPPERP	+0.0356%	8h	1.5123	+0.132%	$2.1M	$35.1M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5117	+0.096%	$526K	$787K	10x	as long as short
Aftermath Perps XRPUSD	+0.0755%	1h	1.5126	+0.154%	$2K	$14K	10x	as long as short