Funding you earn now, next payment 07:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.061%
Price spread now: OKX against GMX+0.018%7-day average −0.026% · 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)+0.178%+$18 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.018%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.044% dearer against GMX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XRP/USD [ETH-USDC] | 1.5225 | L +0.0092% / S −0.0047% | pay 0.0012% / 1h | 5m 20s | $786K | — | 200x |
| Short | OKX XRP-USDT-SWAP | 1.5228 | 0.0100 | get 0.0100% / 8h | 1h 05m | $128.0M | $881.4M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $1.64
- Price spread: +0.018% → −0.026%
- $4.38
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$15.98
- Costs to cover
- 0.220%
- Break-even
- 75.1 days
Slippage unknown: GMX: no order-book sample; OKX: 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 OKX live order book, 4 min ago | 0.33 bp | 5.3 bp −$5 | 6.3 bp −$63 | 12.3 bp −$1,232 | 28.9 bp −$14.4K |
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 | 1.5243 | +0.116% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5225 | −0.002% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5220 | −0.035% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5226 | +0.002% | $246K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0024% | 1h | 1.5238 | +0.083% | $14.5M | $74.6M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.198% | $2K | $107K | 30x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0078% | 1h | 1.5239 | +0.090% | $7.9M | $24.5M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC]long | L +0.0092% / S −0.0047% | 1h | 1.5225 | long leg | $786K | — | 200x | |
| Lighter XRP | +0.0096% | 1h | 1.5227 | +0.009% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5228 | +0.018% | $546K | $3.2M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5214 | −0.074% | $11K | $370K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5227 | +0.008% | $1.0M | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5226 | +0.008% | $38.6M | $87.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5226 | +0.006% | $617K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5228 | +0.018% | $534.6M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5227 | +0.011% | $349.3M | $960.6M | 100x | as long as short |
| OKX XRP-USDT-SWAPshort | +0.0100% | 8h | 1.5228 | +0.018% | $128.0M | $881.4M | 100x | |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5197 | −0.186% | $567K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5230 | +0.031% | $145K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5223 | −0.013% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5227 | +0.011% | $378.1M | $162.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5227 | +0.011% | $313.2M | $933.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5228 | +0.015% | $105.7M | $183.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5222 | −0.022% | $269.0M | $395.5M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5226 | +0.004% | — | $105.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5235 | +0.062% | $4.8M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5218 | −0.046% | $661K | $113.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5212 | −0.087% | $1.1M | $35.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5225 | −0.002% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5233 | +0.052% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5228 | +0.018% | $50K | $510K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5228 | +0.019% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5227 | +0.011% | $75K | $686K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5248 | +0.148% | $820K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5247 | +0.139% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5237 | +0.077% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5239 | +0.087% | $49.8M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5239 | +0.090% | $54.5M | $32.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5225 | +0.001% | $475K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5220 | −0.034% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5225 | −0.003% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0120% | 1h | 1.5226 | +0.004% | $9K | $2K | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0120% | 1h | 1.5241 | +0.100% | $17K | $79K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0175% | 1h | 1.5247 | +0.142% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5240 | +0.096% | $5.7M | $48.3M | 50x | as long as short |
| Hyperliquid XRP | +0.0217% | 1h | 1.5237 | +0.077% | $290.2M | $266.4M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0218% | 8h | 1.5250 | +0.162% | $1.7M | $34.8M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5224 | −0.007% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5246 | +0.136% | $23.8M | $78.0M | 125x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5229 | +0.021% | $530K | $806K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0696% | 1h | 1.5237 | +0.074% | $2K | $16K | 10x | as long as short |
GMX XRP/USD [ETH-USDC]
OKX XRP-USDT-SWAP
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Deribit XRP_USDC-PERPETUAL
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
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
Hyperliquid XRP
Kalshi KXXRPPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD