XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0232%/8h= −25.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.109%

Price spread now: GMX against Pacifica−0.066%7-day average +0.014% · you buy dearer than you sell

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

Long on Pacifica Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.234%−$23 on $10k

Price spread, last 3 days (all we have)+0.108%+$11 · spread now −0.066%, 7d avg +0.014%

Together, before fees−0.126%+ Points / potential airdropPacifica: Active · farm board−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GMX is 0.080% cheaper against Pacifica than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.014%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XRP	1.5565	0.0100	pay 0.0013% / 1h	35m 59s	$672K	$1.1M	20x
Short	GMX XRP/USD [ETH-USDC]	1.5554	L +0.0082% / S +0.0132%	pay 0.0017% / 1h	35m 59s	$916K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Pacifica. 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 PacificabpFee GMXbpOrdersPrice spread, now −0.066%Rate

Funding earned: −$48.78
Price spread: −0.066% → +0.014%: −$7.99
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$76.77
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 3 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 Pacifica live order book, 3 min ago	0.96 bp	5.9 bp −$6	doesn't fit	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	1.5603	+0.246%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5557	−0.046%	$1.1M	$104K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5546	−0.120%	$9.6M	$25.2M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5555	−0.060%	$260K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−1.765%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5527	−0.239%	$15.5M	$68.1M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0053%	8h	1.5549	−0.101%	$78K	$941K	50x	as long as short
GMX XRP/USD [ETH-USDC]short	L +0.0082% / S +0.0132%	1h	1.5554	−0.066%	$916K	—	200x
Lighter XRP	+0.0096%	1h	1.5541	−0.150%	$3.0M	$12.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5542	−0.146%	$455K	$3.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5558	−0.040%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5538	−0.171%	$39.5M	$76.7M	100x	as long as short
Pacifica XRPlong	+0.0100%	1h	1.5565	long leg	$672K	$1.1M	20x
Binance XRPUSDT	+0.0100%	8h	1.5538	−0.169%	$560.9M	$1.95B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5540	−0.158%	$348.5M	$882.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5537	−0.178%	$127.1M	$870.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5561	−0.024%	$580K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5570	+0.034%	$119K	$731K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5683	+0.760%	$1.7M	$616K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5541	−0.152%	$373.3M	$138.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5540	−0.158%	$293.5M	$838.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5546	−0.123%	$114.4M	$157.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5537	−0.178%	$270.3M	$358.2M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5540	−0.158%	—	$116.8M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5690	+0.803%	$12.0M	$29.9M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5643	+0.506%	$679K	$99.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5652	+0.562%	$1.1M	$41.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5645	+0.516%	$1.0M	$880K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5564	−0.004%	$46K	$445K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5548	−0.107%	$42K	$64K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5553	−0.074%	$837K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5562	−0.020%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5539	−0.165%	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5526	−0.251%	$51.0M	$15.2M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5537	−0.178%	$55.3M	$29.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5569	+0.029%	—	$10K	10x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5564	−0.004%	$485K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5561	−0.024%	$12K	$249K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5534	−0.198%	$2.2M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5547	−0.114%	$72K	$40K	3x	as long as short
Hibachi XRP/USDT-P	+0.0136%	1h	1.5609	+0.283%	$18K	$81K	7x	as long as short
01 Exchange XRPUSD	+0.0160%	1h	1.5567	+0.015%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5557	−0.051%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5543	−0.139%	$5.8M	$46.7M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5608	+0.278%	$24.6M	$73.3M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0287%	1h	1.5543	−0.139%	$1.8M	$976K	25x	as long as short
Kalshi KXXRPPERP	+0.0320%	8h	1.5578	+0.086%	$1.9M	$32.4M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5730	+1.062%	$70K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5573	+0.054%	$508K	$615K	10x	as long as short
Hyperliquid XRP	+0.0602%	1h	1.5556	−0.057%	$290.2M	$199.8M	20x	as long as short
Aftermath Perps XRPUSD	+0.0679%	1h	1.5636	+0.461%	$1K	$11K	10x	as long as short