XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.088%

Price spread now: Arcus against GMX+0.019%7-day average −0.031% · you sell dearer than you buy

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

Long on GMX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.183%+$18 on $10k

Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.019%, 7d avg −0.031%

Together, before fees+0.117%+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Arcus is 0.050% dearer against GMX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX XRP/USD [ETH-USDC]	1.5601	L +0.0004% / S +0.0107%	pay 0.0001% / 1h	50m 17s	$858K	—	200x
Short	Arcus XRP-USD	1.5604	0.0100	get 0.0013% / 1h	50m 17s	$117K	$753K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against GMX. 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 GMXbpFee ArcusbpOrdersPrice spread, now +0.019%Rate

Funding earned: $20.07
Price spread: +0.019% → −0.031%: $5.03
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $8.6
Costs to cover: 0.165%
Break-even: 4.0 days

Slippage unknown: GMX: no order-book sample; Arcus: live order book, 29 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell Arcus live order book, 29 min ago	0.64 bp	5.5 bp −$5	9.2 bp −$92	30.0 bp −$2,996	doesn't fit

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	1.5636	+0.225%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5606	+0.032%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5690	+0.571%	$70K	$90K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5599	−0.013%	$9.7M	$25.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5602	+0.007%	$261K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]long	L +0.0004% / S +0.0107%	1h	1.5601	long leg	$858K	—	200x
Kraken Futures PF_XRPUSD	+0.0031%	1h	1.5595	−0.038%	$15.7M	$68.8M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0056%	8h	1.5601	0.000%	$77K	$909K	50x	as long as short
Injective XRP/USDC PERP	+0.0089%	1h	1.5560	−0.263%	$2K	$107K	30x	as long as short
Lighter XRP	+0.0096%	1h	1.5622	+0.135%	$3.0M	$12.5M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5638	+0.237%	$446K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5598	−0.019%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5607	+0.040%	$39.6M	$79.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5622	+0.134%	$643K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5605	+0.026%	$559.8M	$2.01B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5602	+0.007%	$347.4M	$913.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5599	−0.013%	$127.6M	$890.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5650	+0.314%	$582K	$42K	5x	as long as short
Arcus XRP-USDshort	+0.0100%	1h	1.5604	+0.019%	$117K	$753K	20x
Bulk XRP-USD	+0.0100%	1h	1.5633	+0.206%	$1.7M	$573K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5601	0.000%	$373.2M	$143.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5603	+0.013%	$304.3M	$863.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5603	+0.012%	$113.4M	$162.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5599	−0.013%	$272.5M	$369.2M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5597	−0.025%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5634	+0.209%	$11.7M	$30.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5645	+0.284%	$679K	$102.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5674	+0.470%	$1.1M	$41.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5691	+0.577%	$1.0M	$887K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5615	+0.092%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5609	+0.051%	$45K	$451K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5600	−0.004%	$42K	$66K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5603	+0.015%	$840K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5610	+0.058%	$131K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5593	−0.051%	$30K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5631	+0.192%	$51.3M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5630	+0.186%	$55.6M	$29.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5632	+0.196%	$487K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5621	+0.128%	$13K	$264K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5597	−0.023%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5601	+0.002%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5617	+0.103%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5604	+0.017%	$1.4M	$8K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5625	+0.154%	$24.4M	$74.7M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5603	+0.013%	$5.9M	$47.7M	50x	as long as short
Hibachi XRP/USDT-P	+0.0272%	1h	1.5639	+0.243%	$18K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0321%	8h	1.5659	+0.372%	$2.0M	$33.6M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0399%	1h	1.5633	+0.205%	$1.7M	$1.0M	25x	as long as short
Hyperliquid XRP	+0.0592%	1h	1.5627	+0.164%	$297.4M	$207.6M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5617	+0.104%	$509K	$632K	10x	as long as short
Aftermath Perps XRPUSD	+0.0778%	1h	1.5631	+0.194%	$1K	$11K	10x	as long as short