XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.105%

Price spread now: GMX against SoDEX−0.038%7-day average +0.034% · you buy dearer than you sell

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

Long on SoDEX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.233%−$23 on $10k

Price spread, last 3 days (all we have)+0.144%+$14 · spread now −0.038%, 7d avg +0.034%

Together, before fees−0.089%−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GMX is 0.072% cheaper against SoDEX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.034%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XRP-USD	1.5336	0.0100	pay 0.0013% / 1h	31m 02s	$29K	$1.8M	10x
Short	GMX XRP/USD [ETH-USDC]	1.5330	L +0.0014% / S +0.0080%	pay 0.0010% / 1h	31m 02s	$841K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against SoDEX. 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 SoDEXbpFee GMXbpOrdersPrice spread, now −0.038%Rate

Funding earned: −$37.82
Price spread: −0.038% → +0.034%: −$7.22
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$65.04
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SoDEX: 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 SoDEX live order book, 3 min ago	0.33 bp	4.3 bp −$4	5.5 bp −$55	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	1.5347	+0.072%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5335	−0.006%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5333	−0.020%	$256K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]short	L +0.0014% / S +0.0080%	1h	1.5330	−0.038%	$841K	—	200x
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.461%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0062%	8h	1.5334	−0.013%	$58K	$935K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0076%	1h	1.5337	+0.007%	$9.3M	$25.1M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5341	+0.030%	$2.8M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5346	+0.065%	$515K	$3.2M	20x	as long as short
01 Exchange XRPUSD	+0.0096%	1h	1.5348	+0.078%	$8K	$8K	10x	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	+0.0100%	8h	1.5344	+0.052%	$10K	$277K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5345	+0.057%	$478K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5345	+0.055%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5340	+0.025%	$38.8M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5340	+0.024%	$621K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5334	−0.013%	$540.0M	$2.05B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5334	−0.013%	$341.9M	$920.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5332	−0.026%	$125.0M	$869.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5316	−0.130%	$570K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5349	+0.085%	$119K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5296	−0.262%	$1.6M	$517K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5341	+0.033%	$374.1M	$149.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5343	+0.046%	$309.8M	$903.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5343	+0.047%	$108.9M	$165.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5339	+0.020%	$268.4M	$374.8M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5338	+0.013%	—	$123.5M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5328	−0.051%	$6.3M	$35.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5313	−0.147%	$665K	$107.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5322	−0.089%	$1.1M	$38.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5321	−0.098%	$1.0M	$892K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5331	−0.034%	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5346	+0.065%	$49K	$441K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5333	−0.020%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5337	+0.009%	$826K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5352	+0.106%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USDlong	+0.0100%	1h	1.5336	long leg	$29K	$1.8M	10x
HTX XRP-USDT	+0.0100%	8h	1.5332	−0.028%	$50.3M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5336	0.000%	$54.6M	$29.5M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5332	−0.024%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5334	−0.012%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5332	−0.024%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5336	0.000%	$24.0M	$73.7M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5345	+0.059%	$5.8M	$46.3M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0243%	1h	1.5343	+0.047%	$14.5M	$70.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0290%	1h	1.5347	+0.072%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0310%	8h	1.5341	+0.033%	$2.1M	$34.9M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0320%	1h	1.5313	−0.150%	$17K	$81K	7x	as long as short
Hyperliquid XRP	+0.0404%	1h	1.5351	+0.098%	$289.9M	$214.6M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5330	−0.039%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0803%	1h	1.5331	−0.034%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5351	+0.095%	$507K	$754K	10x	as long as short