XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0109%/8h= +11.9% APRnext payment +$0.14 per $10,000 · paid last 24h −0.054%

Price spread now: GMX against gTrade (Gains Network)−0.278%241s7-day average +0.027% · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.150%−$15 on $10k

Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.278%, 7d avg +0.027%

Together, before fees+0.129%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.306% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.278% now, against its 7-day average of +0.027%). If the spread goes back, that is −$31 on $10k: about 9.4 days of funding at the current rate (+$3 a day). Mind the row above: over the last 4 days funding on this pair cost −0.150%, so the current rate has only just turned in your favour. The two prices were read 241 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5479	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	56m 24s	$251K	—	150x
Short	GMX XRP/USD [ETH-USDC]	1.5436	L +0.0145% / S −0.0112%	get 0.0014% / 1h	56m 24s	$827K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee GMXbpOrdersPrice spread, now −0.278%Rate

Funding earned: $22.83
Price spread: −0.278% → +0.027%: −$30.56
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$29.73
Costs to cover: 0.220%
Break-even: 16.1 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 38 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 gTrade (Gains Network) virtual book (oracle venue), 38 min ago	130.05 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
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 50 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	1.5445	−0.217%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5437	−0.269%	$1.1M	$155K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5490	+0.074%	$70K	$108K	15x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5479	long leg	$251K	—	150x
Deribit XRP_USDC-PERPETUAL	+0.0009%	1h	1.5450	−0.185%	$8.0M	$22.1M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0015%	1h	1.5452	−0.170%	$14.1M	$73.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.526%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0072%	1h	1.5438	−0.260%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5439	−0.253%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5452	−0.172%	$622K	$3.1M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5438	−0.262%	$17K	$378K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5453	−0.164%	$482K	$51K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5435	−0.278%	$993K	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5438	−0.262%	$39.2M	$83.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5442	−0.235%	$610K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5439	−0.257%	$538.6M	$2.12B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5435	−0.282%	$360.0M	$905.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5432	−0.301%	$126.5M	$851.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5434	−0.288%	$567K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5444	−0.224%	$167K	$705K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5425	−0.349%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5438	−0.262%	$386.1M	$155.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5442	−0.236%	$310.3M	$895.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5439	−0.253%	$109.6M	$180.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5436	−0.275%	$273.3M	$360.5M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5437	−0.269%	—	$105.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5471	−0.051%	$4.9M	$38.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5462	−0.107%	$672K	$113.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5484	+0.032%	$1.1M	$32.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5492	+0.087%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5444	−0.224%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5442	−0.236%	$53K	$480K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5440	−0.251%	$42K	$66K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5437	−0.269%	$78K	$623K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5450	−0.182%	$130K	$1.6M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5447	−0.204%	$30K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5436	−0.275%	$50.4M	$14.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5438	−0.262%	$54.8M	$33.3M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5430	−0.313%	$2.1M	$5.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5445	−0.220%	$59K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0120%	1h	1.5440	−0.249%	$9K	$2K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0120%	1h	1.5449	−0.191%	$5.3M	$45.9M	50x	as long as short
GMX XRP/USD [ETH-USDC]short	L +0.0145% / S −0.0112%	1h	1.5436	−0.278%	$827K	—	200x
Backpack XRP_USDC_PERP	+0.0148%	1h	1.5458	−0.133%	$2.0M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0169%	8h	1.5447	−0.204%	$1.7M	$32.9M	2.9x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5443	−0.230%	$23.8M	$79.4M	125x	as long as short
Reya XRPRUSDPERP	+0.0222%	1h	1.5433	−0.296%	$1.4M	$4K	15x	as long as short
RISEx XRP/USDC	+0.0272%	1h	1.5442	−0.234%	$516K	$796K	10x	as long as short
Hyperliquid XRP	+0.0293%	1h	1.5456	−0.146%	$298.8M	$266.9M	20x	as long as short
Aftermath Perps XRPUSD	+0.0488%	1h	1.5458	−0.132%	$3K	$15K	10x	as long as short