XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.079%

Price spread now: Lighter RH against GMX+0.036%7-day average −0.020% · you sell dearer than you buy

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

Long on GMX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.181%+$18 on $10k

Price spread, last 3 days (all we have)−0.068%−$7 · spread now +0.036%, 7d avg −0.020%

Together, before fees+0.113%+ Points / potential airdropLighter RH: Points live · farm board+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter RH is 0.056% dearer against GMX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX XRP/USD [ETH-USDC]	1.5136	L +0.0023% / S +0.0065%	pay 0.0003% / 1h	44m 58s	$830K	—	200x
Short	Lighter RH XRP	1.5141	0.0096	get 0.0012% / 1h	44m 58s	$518K	$3.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now +0.036%Rate

Funding earned: $15.41
Price spread: +0.036% → −0.020%: $5.59
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $9
Costs to cover: 0.120%
Break-even: 2.9 days

Slippage unknown: GMX: no order-book sample; Lighter RH: live order book, 3 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 Lighter RH live order book, 3 min ago	1.32 bp	1.3 bp −$1	5.6 bp −$56	37.8 bp −$3,780	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	1.5152	+0.109%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5145	+0.064%	$1.1M	$120K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5160	+0.162%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5136	+0.003%	$253K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5137	+0.010%	$9.0M	$25.0M	50x	as long as short
GMX XRP/USD [ETH-USDC]long	L +0.0023% / S +0.0065%	1h	1.5136	long leg	$830K	—	200x
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.804%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5133	−0.018%	$14.6M	$72.3M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0068%	8h	1.5141	+0.036%	$57K	$945K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5137	+0.008%	$2.8M	$14.1M	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 XRPshort	+0.0096%	1h	1.5141	+0.036%	$518K	$3.3M	20x
Katana Perps XRP-USD	+0.0100%	8h	1.5141	+0.036%	$11K	$305K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5149	+0.092%	$864K	$5.8M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5146	+0.066%	$38.3M	$84.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5154	+0.121%	$611K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5150	+0.096%	$536.3M	$2.10B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5141	+0.036%	$337.2M	$938.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5142	+0.043%	$123.4M	$870.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5157	+0.142%	$564K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5154	+0.122%	$115K	$722K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5183	+0.313%	$1.6M	$305K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5147	+0.076%	$367.4M	$150.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5150	+0.096%	$290.8M	$898.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5145	+0.061%	$108.3M	$171.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5146	+0.069%	$264.7M	$384.0M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5149	+0.089%	—	$126.8M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5155	+0.130%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5178	+0.282%	$660K	$108.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5207	+0.473%	$1.1M	$38.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5185	+0.327%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5150	+0.094%	—	$12K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5146	+0.069%	$45K	$453K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5142	+0.040%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5142	+0.044%	$815K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5152	+0.108%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5137	+0.010%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5142	+0.044%	$49.6M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5136	+0.003%	$53.7M	$29.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5154	+0.123%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5146	+0.066%	$2.0M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5137	+0.013%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5148	+0.082%	$8K	$8K	10x	as long as short
Hyperliquid XRP	+0.0180%	1h	1.5152	+0.109%	$280.3M	$223.1M	20x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5139	+0.025%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5145	+0.063%	$5.7M	$46.5M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.380%	$24.0M	$75.2M	125x	as long as short
Hibachi XRP/USDT-P	+0.0328%	1h	1.5156	+0.133%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0333%	8h	1.5157	+0.142%	$2.1M	$36.0M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0358%	1h	1.5150	+0.096%	$1.9M	$1.3M	25x	as long as short
RISEx XRP/USDC	+0.0456%	1h	1.5151	+0.103%	$536K	$782K	10x	as long as short
Aftermath Perps XRPUSD	+0.0806%	1h	1.5171	+0.237%	$2K	$14K	10x	as long as short