XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h +0.090%

Price spread now: Kraken Futures against GMX−0.020%7-day average −0.019% · you buy dearer than you sell

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

Long on GMX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.233%+$23 on $10k

Price spread, last 4 days (all we have)−0.160%−$16 · spread now −0.020%, 7d avg −0.019%

Together, before fees+0.073%+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.233%, 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]	1.5177	L +0.0054% / S +0.0009%	pay 0.0007% / 1h	24m 54s	$792K	—	200x
Short	Kraken Futures PF_XRPUSD	1.5174	0.0022	get 0.0003% / 1h	24m 54s	$14.4M	$74.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.020%Rate

Funding earned: −$6.86
Price spread: −0.020% → −0.019%: −$0.02
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$28.88
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago	0.99 bp	9.3 bp −$9	11.7 bp −$117	21.9 bp −$2,189	46.8 bp −$23.4K

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	1.5184	+0.048%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5188	+0.073%	$1.1M	$115K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5180	+0.021%	$7.8M	$25.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5177	+0.004%	$254K	—	150x	as long as short
Kraken Futures PF_XRPUSDshort	+0.0022%	1h	1.5174	−0.020%	$14.4M	$74.5M	50x
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.525%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]long	L +0.0054% / S +0.0009%	1h	1.5177	long leg	$792K	—	200x
Lighter XRP	+0.0096%	1h	1.5179	+0.012%	$2.9M	$14.7M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5180	+0.021%	$496K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5187	+0.068%	$10K	$347K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5183	+0.044%	$989K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5165	−0.077%	$38.7M	$85.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5188	+0.073%	$609K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5165	−0.077%	$534.7M	$2.15B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5165	−0.077%	$346.2M	$943.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5167	−0.064%	$126.5M	$882.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5182	+0.035%	$565K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5189	+0.081%	$134K	$705K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5212	+0.232%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5166	−0.071%	$368.5M	$155.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5164	−0.084%	$296.0M	$904.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5166	−0.071%	$109.1M	$177.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5160	−0.110%	$268.9M	$389.5M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5166	−0.071%	—	$127.8M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5187	+0.065%	$4.9M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5189	+0.078%	$660K	$110.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5219	+0.278%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5196	+0.127%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5184	+0.048%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5183	+0.041%	$45K	$477K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5178	+0.008%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5178	+0.008%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5179	+0.017%	$817K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5183	+0.042%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5174	−0.018%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5186	+0.064%	$49.6M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5178	+0.008%	$54.0M	$31.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5185	+0.055%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5159	−0.116%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5173	−0.025%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5190	+0.087%	$8K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5184	+0.048%	$5.7M	$47.7M	50x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5176	−0.006%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5179	+0.015%	$24.1M	$76.0M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0264%	1h	1.5182	+0.035%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0280%	1h	1.5191	+0.096%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0331%	8h	1.5185	+0.054%	$1.9M	$35.1M	2.9x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5187	+0.070%	$517K	$776K	10x	as long as short
Hyperliquid XRP	+0.0401%	1h	1.5191	+0.094%	$300.5M	$246.2M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5190	+0.087%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0679%	1h	1.5204	+0.181%	$2K	$15K	10x	as long as short