Funding you earn now, next payment 04:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.05 per $10,000 · paid last 24h +0.042%
Price spread now: dYdX against GMX+0.008%7-day average −0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.008%, 7d avg −0.027%
=The price spread pays, funding is against you. dYdX is 0.035% dearer against GMX than usual: you sell high and buy low (spread +0.008% now, against its 7-day average of −0.027%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.7 days. Mind the row above: over the last 3 days funding on this pair paid +0.088%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XRP/USD [ETH-USDC] | 1.5174 | L +0.0043% / S +0.0026% | pay 0.0005% / 1h | 23m 27s | $792K | — | 200x |
| Short | dYdX XRP-USD | 1.5176 | 0 | get 0.0000% / 1h | 23m 27s | $1.1M | $111K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against GMX. 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
- −$8.98
- Price spread: +0.008% → −0.027%
- $3.48
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$27.5
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; dYdX: live order book, 1 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 dYdX live order book, 1 min ago | 17.14 bp | 22.1 bp −$22 | 22.1 bp −$221 | 40.1 bp −$4,009 | 110.2 bp −$55.1K |
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 | 1.5187 | +0.084% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5178 | +0.023% | $14.3M | $73.8M | 50x | as long as short |
| dYdX XRP-USDshort | 0.0000% | 1h | 1.5176 | +0.008% | $1.1M | $111K | 10x | |
| Phoenix XRP | 0.0000% | 1h | 1.5190 | +0.103% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5176 | +0.012% | $254K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5177 | +0.018% | $7.7M | $25.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.542% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC]long | L +0.0043% / S +0.0026% | 1h | 1.5174 | long leg | $792K | — | 200x | |
| Orderly PERP_XRP_USDC | +0.0085% | 8h | 1.5177 | +0.018% | $62K | $934K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5175 | +0.004% | $2.8M | $14.6M | 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 | 1.5178 | +0.024% | $498K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0097% | 8h | 1.5166 | −0.055% | $10K | $326K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5166 | −0.052% | $1.1M | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5185 | +0.070% | $281.6M | $226.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5175 | +0.004% | $38.4M | $83.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5175 | +0.002% | $609K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5174 | −0.002% | $535.0M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5175 | +0.004% | $347.0M | $934.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5176 | +0.011% | $126.2M | $875.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5174 | −0.002% | $564K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5176 | +0.011% | $110K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5174 | −0.002% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5170 | −0.028% | $370.0M | $154.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5169 | −0.035% | $292.4M | $900.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5177 | +0.016% | $108.3M | $174.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5173 | −0.009% | $268.5M | $384.5M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5176 | +0.011% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5179 | +0.029% | $5.2M | $37.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5183 | +0.055% | $661K | $108.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5178 | +0.021% | $1.1M | $36.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5192 | +0.117% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5174 | −0.002% | $44K | $452K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5177 | +0.016% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5178 | +0.022% | $817K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5181 | +0.046% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5180 | +0.037% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5191 | +0.111% | $49.7M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5180 | +0.037% | $54.2M | $30.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5173 | −0.010% | $473K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5176 | +0.010% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5171 | −0.025% | $2.0M | $6.8M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5177 | +0.018% | $8K | $8K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5174 | −0.003% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0174% | 1h | 1.5189 | +0.097% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0184% | 1h | 1.5183 | +0.057% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5183 | +0.057% | $5.6M | $47.0M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5170 | −0.027% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5177 | +0.018% | $24.1M | $76.2M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0312% | 8h | 1.5182 | +0.051% | $2.1M | $34.5M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5177 | +0.017% | $517K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0650% | 1h | 1.5183 | +0.059% | $2K | $15K | 10x | as long as short |
GMX XRP/USD [ETH-USDC]
Kraken Futures PF_XRPUSD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD