Funding you earn now, next payment 03:00 UTC+0.0452%/8h= +49.5% APRnext payment +$0.57 per $10,000 · paid last 24h +0.193%
Price spread now: RISEx against GMX+0.099%7-day average +0.022% · 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)+0.483%+$48 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.099%, 7d avg +0.022%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and RISEx is 0.077% dearer against GMX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XRP/USD [ETH-USDC] | 1.5150 | L +0.0031% / S +0.0036% | pay 0.0004% / 1h | 5m 06s | $832K | — | 200x |
| Short | RISEx XRP/USDC | 1.5165 | 0.0484 | get 0.0060% / 1h | 5m 06s | $516K | $780K | 10x |
GMX XRP/USD [ETH-USDC]
RISEx XRP/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $94.99
- Price spread: +0.099% → +0.022%
- $7.69
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $84.68
- Costs to cover
- 0.180%
- Break-even
- 0.8 days
Slippage unknown: GMX: no order-book sample; RISEx: live order book, 58 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 RISEx live order book, 58 min ago | 0.73 bp | 3.7 bp −$4 | 7.1 bp −$71 | doesn't fit | 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 | 1.5156 | +0.039% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5145 | −0.031% | $1.1M | $110K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5152 | +0.012% | $7.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5149 | −0.006% | $253K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC]long | L +0.0031% / S +0.0036% | 1h | 1.5150 | long leg | $832K | — | 200x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.705% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0056% | 1h | 1.5162 | +0.078% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0077% | 8h | 1.5150 | −0.001% | $62K | $935K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5165 | +0.097% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5164 | +0.091% | $511K | $3.3M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5159 | +0.058% | $10K | $311K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5159 | +0.062% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5179 | +0.190% | $281.9M | $223.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5155 | +0.033% | $38.3M | $83.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5152 | +0.011% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5170 | +0.129% | $535.6M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5169 | +0.124% | $346.2M | $930.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5170 | +0.131% | $125.7M | $873.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5169 | +0.124% | $565K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5160 | +0.065% | $114K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5223 | +0.481% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5168 | +0.118% | $368.9M | $154.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5166 | +0.105% | $297.8M | $904.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5153 | +0.017% | $108.5M | $172.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5169 | +0.124% | $269.3M | $381.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5169 | +0.124% | — | $126.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5154 | +0.022% | $5.9M | $36.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5173 | +0.149% | $659K | $107.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5183 | +0.217% | $1.1M | $35.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5189 | +0.256% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5160 | +0.064% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5161 | +0.072% | $42K | $450K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5159 | +0.058% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5151 | +0.008% | $815K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5157 | +0.045% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5154 | +0.025% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5153 | +0.019% | $49.6M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5167 | +0.111% | $53.9M | $30.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5152 | +0.012% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5167 | +0.109% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5149 | −0.007% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0175% | 1h | 1.5175 | +0.164% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0200% | 1h | 1.5161 | +0.073% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5158 | +0.052% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5172 | +0.144% | $5.7M | $46.8M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5167 | +0.111% | $24.2M | $75.7M | 125x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0273% | 1h | 1.5154 | +0.028% | $14.4M | $73.5M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0339% | 8h | 1.5162 | +0.078% | $2.1M | $34.6M | 2.9x | as long as short |
| RISEx XRP/USDCshort | +0.0484% | 1h | 1.5165 | +0.099% | $516K | $780K | 10x | |
| Phoenix XRP | +0.0528% | 1h | 1.5190 | +0.263% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0656% | 1h | 1.5186 | +0.237% | $2K | $14K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
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
Vest XRP-PERP
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
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kraken Futures PF_XRPUSD
Kalshi KXXRPPERP
Phoenix XRP
Aftermath Perps XRPUSD