XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.10 per $10,000 · paid last 24h −0.089%

Price spread now: GMX against Nado−0.010%7-day average +0.024% · you buy dearer than you sell

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

Long on Nado Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.249%−$25 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.010%, 7d avg +0.024%

Together, before fees−0.172%+ Points / potential airdropNado: Active · farm board−$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GMX is 0.034% cheaper against Nado than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.024%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XRP-PERP	1.5160	0.0100	pay 0.0012% / 1h	57m 49s	$998K	$6.4M	20x
Short	GMX XRP/USD [ETH-USDC]	1.5159	L +0.0076% / S −0.0022%	get 0.0003% / 1h	57m 49s	$800K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Nado. 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 NadobpFee GMXbpOrdersPrice spread, now −0.010%Rate

Funding earned: −$16.36
Price spread: −0.010% → +0.024%: −$3.42
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$38.78
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 1 min ago; GMX: 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 Nado live order book, 1 min ago	0.33 bp	3.8 bp −$4	8.0 bp −$80	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	1.5158	−0.016%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5163	+0.014%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5160	−0.003%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5158	−0.015%	$245K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0025%	1h	1.5153	−0.046%	$14.5M	$75.0M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.635%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]short	L +0.0076% / S −0.0022%	1h	1.5159	−0.010%	$800K	—	200x
Deribit XRP_USDC-PERPETUAL	+0.0080%	1h	1.5160	−0.003%	$7.7M	$25.3M	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5172	+0.076%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5167	+0.041%	$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	1.5165	+0.030%	$549K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5162	+0.010%	$11K	$363K	20x	as long as short
Nado XRP-PERPlong	+0.0100%	1h	1.5160	long leg	$998K	$6.4M	20x
Aster XRPUSDT	+0.0100%	8h	1.5167	+0.040%	$38.5M	$87.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5169	+0.056%	$603K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5165	+0.030%	$527.6M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5168	+0.049%	$344.9M	$966.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5172	+0.076%	$126.9M	$892.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5132	−0.188%	$564K	$35K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5175	+0.096%	$143K	$717K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5166	+0.036%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5168	+0.049%	$375.2M	$157.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5168	+0.049%	$298.3M	$915.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5166	+0.034%	$107.4M	$182.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5164	+0.023%	$266.8M	$399.5M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5167	+0.043%	—	$106.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5155	−0.038%	$4.7M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5159	−0.008%	$658K	$114.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5156	−0.031%	$1.1M	$36.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5165	+0.030%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5163	+0.019%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5173	+0.082%	$47K	$491K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5162	+0.008%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5157	−0.023%	$62K	$932K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5159	−0.013%	$816K	$73K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5162	+0.011%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5157	−0.023%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5155	−0.038%	$49.5M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5161	+0.003%	$54.1M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5172	+0.076%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5159	−0.009%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5157	−0.021%	$58K	$25K	3x	as long as short
Hibachi XRP/USDT-P	+0.0176%	1h	1.5137	−0.156%	$17K	$82K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5161	+0.003%	$5.7M	$48.4M	50x	as long as short
Kalshi KXXRPPERP	+0.0209%	8h	1.5168	+0.049%	$1.7M	$35.4M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5162	+0.011%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5138	−0.148%	$23.3M	$77.5M	125x	as long as short
Hyperliquid XRP	+0.0228%	1h	1.5180	+0.129%	$289.7M	$264.5M	20x	as long as short
Backpack XRP_USDC_PERP	+0.0235%	1h	1.5167	+0.043%	$2.0M	$1.4M	25x	as long as short
RISEx XRP/USDC	+0.0316%	1h	1.5175	+0.096%	$518K	$792K	10x	as long as short
Aftermath Perps XRPUSD	+0.0575%	1h	1.5161	+0.002%	$2K	$16K	10x	as long as short