XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0417%/8h= +45.6% APRnext payment +$0.52 per $10,000 · paid last 24h −0.060%

Price spread now: GMX against Ondo Perps+0.016%7-day average +0.059% · you sell dearer than you buy

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

Long on Ondo Perps Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.219%−$22 on $10k

Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.016%, 7d avg +0.059%

Together, before fees−0.290%+ Points / potential airdropOndo Perps: Active · farm board−$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.043% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.016% now, against its 7-day average of +0.059%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$13 a day). Mind the row above: over the last 4 days funding on this pair cost −0.219%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XRP-USD.P	1.5273	0.0100	pay 0.0013% / 1h	48m 18s	$561K	$37K	5x
Short	GMX XRP/USD [ETH-USDC]	1.5275	L +0.0259% / S −0.0517%	get 0.0065% / 1h	48m 18s	$879K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Ondo Perps. 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 Ondo PerpsbpFee GMXbpOrdersPrice spread, now +0.016%Rate

Funding earned: $87.5
Price spread: +0.016% → +0.059%: −$4.29
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: $66.21
Costs to cover: 0.170%
Break-even: 1.7 days

Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Ondo Perps and 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 exchanges

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	1.5360	+0.570%	$5K	$2K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0077%	1h	1.5283	+0.063%	$13.7M	$68.5M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5286	+0.082%	$1.1M	$154K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5270	−0.020%	$68K	$102K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5289	+0.105%	$7.6M	$19.9M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5280	+0.045%	$242K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.879%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0064%	1h	1.5279	+0.039%	$9K	$987	10x	as long as short
Hibachi XRP/USDT-P	+0.0080%	1h	1.5292	+0.127%	$17K	$68K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5286	+0.086%	$2.7M	$13.5M	20x	as long as short

Show all 51 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5290	+0.111%	$590K	$3.1M	20x	as long as short
Coinbase International XRP-PERP-INTX	+0.0096%	1h	1.5286	+0.085%	$5.5M	$41.6M	50x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5286	+0.082%	$477K	$47K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5264	−0.059%	$10K	$412K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5274	+0.010%	$848K	$6.0M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5278	+0.033%	$296.8M	$260.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5277	+0.025%	$38.8M	$79.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5287	+0.092%	$590K	$978K	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5274	+0.007%	$531.5M	$2.02B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5284	+0.072%	$358.8M	$853.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5283	+0.065%	$123.9M	$817.3M	100x	as long as short
Ondo Perps XRP-USD.Plong	+0.0100%	1h	1.5273	long leg	$561K	$37K	5x
Arcus XRP-USD	+0.0100%	1h	1.5276	+0.020%	$160K	$693K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5312	+0.252%	$1.6M	$66K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5276	+0.020%	$375.5M	$156.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5269	−0.026%	$314.9M	$877.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5262	−0.072%	$103.9M	$179.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5283	+0.065%	$269.7M	$346.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5280	+0.046%	—	$94.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5256	−0.108%	$4.9M	$37.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5262	−0.073%	$663K	$105.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5263	−0.065%	$1.1M	$32.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5270	−0.020%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5265	−0.051%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5268	−0.033%	$50K	$471K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5273	0.000%	$41K	$64K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5285	+0.079%	$83K	$601K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5287	+0.092%	$822K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5286	+0.087%	$128K	$1.4M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5282	+0.059%	$30K	$1.4M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5221	−0.341%	$49.6M	$13.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5242	−0.203%	$54.5M	$33.3M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5278	+0.032%	$2.2M	$5.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5254	−0.126%	$59K	$25K	3x	as long as short
Kalshi KXXRPPERP	+0.0109%	8h	1.5250	−0.151%	$1.9M	$35.6M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0132%	1h	1.5255	−0.118%	$2.0M	$1.2M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5236	−0.242%	$23.8M	$77.0M	125x	as long as short
Reya XRPRUSDPERP	+0.0224%	1h	1.5263	−0.068%	$1.3M	$1K	15x	as long as short
GMX XRP/USD [ETH-USDC]short	L +0.0259% / S −0.0517%	1h	1.5275	+0.016%	$879K	—	200x
RISEx XRP/USDC	+0.0300%	1h	1.5280	+0.044%	$506K	$723K	10x	as long as short
Aftermath Perps XRPUSD	+0.0391%	1h	1.5280	+0.046%	$3K	$13K	10x	as long as short