XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0136%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.098%

Price spread now: Coinbase International against GMX+0.026%7-day average +0.003% · you sell dearer than you buy

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

Long on GMX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.232%+$23 on $10k

Price spread, last 4 days (all we have)−0.286%−$29 · spread now +0.026%, 7d avg +0.003%

Together, before fees−0.054%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.023% dearer against GMX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX XRP/USD [ETH-USDC]	1.5159	L +0.0048% / S +0.0017%	pay 0.0006% / 1h	53m 46s	$791K	—	200x
Short	Coinbase International XRP-PERP-INTX	1.5163	0.0184	get 0.0023% / 1h	53m 46s	$5.6M	$47.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.026%Rate

Funding earned: $28.46
Price spread: +0.026% → +0.003%: $2.27
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $8.73
Costs to cover: 0.220%
Break-even: 4.9 days

Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 5 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 Coinbase International live order book, 5 min ago	0.33 bp	9.1 bp −$9	11.3 bp −$113	24.1 bp −$2,406	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	1.5194	+0.230%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5186	+0.176%	$1.1M	$111K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5150	−0.060%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5160	+0.007%	$253K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5159	−0.001%	$7.7M	$25.5M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5155	−0.029%	$14.3M	$73.9M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.645%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]long	L +0.0048% / S +0.0017%	1h	1.5159	long leg	$791K	—	200x
Lighter XRP	+0.0096%	1h	1.5190	+0.201%	$2.8M	$14.6M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5190	+0.204%	$499K	$3.3M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_XRP_USDC	+0.0096%	8h	1.5159	−0.001%	$62K	$934K	50x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5177	+0.118%	$11K	$337K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5178	+0.125%	$1.1M	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5178	+0.126%	$38.4M	$84.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5198	+0.255%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5192	+0.217%	$534.0M	$2.13B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5193	+0.224%	$348.2M	$939.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5195	+0.237%	$127.9M	$884.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5174	+0.098%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5190	+0.204%	$118K	$706K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5181	+0.145%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5178	+0.125%	$371.6M	$153.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5175	+0.105%	$292.2M	$896.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5179	+0.133%	$108.4M	$176.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5187	+0.184%	$269.0M	$387.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5178	+0.125%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5139	−0.134%	$4.8M	$38.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5141	−0.121%	$657K	$108.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5138	−0.139%	$1.1M	$36.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5147	−0.080%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5171	+0.076%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5176	+0.112%	$44K	$454K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5162	+0.019%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5160	+0.006%	$816K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5168	+0.059%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5156	−0.020%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5161	+0.012%	$49.6M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5154	−0.034%	$54.0M	$31.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5193	+0.222%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5171	+0.080%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5156	−0.018%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0120%	1h	1.5184	+0.164%	$8K	$8K	10x	as long as short
Hyperliquid XRP	+0.0138%	1h	1.5197	+0.250%	$281.1M	$227.6M	20x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0184%	1h	1.5163	+0.026%	$5.6M	$47.2M	50x
Reya XRPRUSDPERP	+0.0216%	1h	1.5163	+0.027%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5192	+0.217%	$24.2M	$76.2M	125x	as long as short
Hibachi XRP/USDT-P	+0.0224%	1h	1.5183	+0.161%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0262%	8h	1.5186	+0.178%	$2.0M	$35.1M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0275%	1h	1.5163	+0.026%	$2.0M	$1.4M	25x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5189	+0.200%	$517K	$774K	10x	as long as short
Aftermath Perps XRPUSD	+0.0656%	1h	1.5156	−0.018%	$2K	$15K	10x	as long as short