XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0150%/8h= −16.4% APRnext payment −$0.19 per $10,000 · paid last 24h +0.011%

Price spread now: Hotstuff against GMX+0.042%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hotstuff is 0.042% dearer against GMX than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX XRP/USD [ETH-USDC]	1.5087	L +0.0070% / S −0.0014%	pay 0.0009% / 1h	17m 54s	$794K	—	200x
Short	Hotstuff XRP-PERP	1.5093	−0.0080	pay 0.0010% / 1h	17m 54s	$5K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$31.55
Price spread: +0.042% → 0.000%: $4.2
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$44.34
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Hotstuff: 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 GMX no order-book sample	—	—	—	—	—
Sell Hotstuff no order-book sample	—	—	—	—	—

GMX and Hotstuff: 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-PERPshort	−0.0080%	1h	1.5093	+0.042%	$5K	$3K	20x
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5089	+0.014%	$14.2M	$74.7M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5080	−0.043%	$1.1M	$133K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5080	−0.044%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5088	+0.008%	$244K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.137%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]long	L +0.0070% / S −0.0014%	1h	1.5087	long leg	$794K	—	200x
Deribit XRP_USDC-PERPETUAL	+0.0081%	1h	1.5094	+0.049%	$7.7M	$25.5M	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5083	−0.024%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5090	+0.025%	$2.8M	$15.0M	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	1.5089	+0.016%	$545K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5072	−0.097%	$10K	$361K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5080	−0.041%	$985K	$6.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5080	−0.047%	$38.3M	$87.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5082	−0.032%	$600K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5081	−0.038%	$524.5M	$2.21B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5080	−0.044%	$343.9M	$964.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5078	−0.057%	$125.9M	$882.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5044	−0.283%	$560K	$31K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5086	−0.004%	$144K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5026	−0.399%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5079	−0.051%	$370.5M	$160.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5080	−0.044%	$287.7M	$923.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5082	−0.034%	$105.5M	$180.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5078	−0.057%	$264.8M	$397.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5080	−0.044%	—	$105.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5046	−0.270%	$4.7M	$38.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5054	−0.215%	$654K	$113.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5028	−0.389%	$1.1M	$37.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5002	−0.561%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5088	+0.012%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5090	+0.022%	$51K	$489K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5089	+0.016%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5088	+0.009%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5091	+0.026%	$812K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5087	+0.004%	$126K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5089	+0.016%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5087	0.000%	$49.3M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5083	−0.024%	$53.8M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5088	+0.008%	$470K	$55K	50x	as long as short
Hyperliquid XRP	+0.0101%	1h	1.5096	+0.062%	$288.1M	$262.1M	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5076	−0.073%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5090	+0.021%	$58K	$25K	3x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5098	+0.075%	$5.7M	$48.4M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0190%	1h	1.5092	+0.035%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0192%	1h	1.5071	−0.106%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0193%	8h	1.5091	+0.029%	$1.7M	$35.7M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5087	+0.004%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5093	+0.042%	$23.2M	$77.0M	125x	as long as short
RISEx XRP/USDC	+0.0305%	1h	1.5085	−0.008%	$519K	$786K	10x	as long as short
Aftermath Perps XRPUSD	+0.0599%	1h	1.5048	−0.254%	$2K	$16K	10x	as long as short