Funding you earn now, next payment 01:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.11 per $10,000 · paid last 24h +0.085%
Price spread now: ApeX Omni against GMX+0.267%68s7-day average −0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.184%+$18 on $10k
+Price spread, last 3 days (all we have)−0.487%−$49 · spread now +0.267%, 7d avg −0.002%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.269% dearer against GMX than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.002%. The two prices were read 68 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 | GMX XRP/USD [ETH-USDC] | 1.5292 | L +0.0010% / S +0.0086% | pay 0.0001% / 1h | 47m 59s | $838K | — | 200x |
| Short | ApeX Omni XRPUSDT | 1.5333 | 0.0100 | get 0.0013% / 1h | 47m 59s | $1.0M | $906K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $18.95
- Price spread: +0.267% → −0.002%
- $26.86
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $23.81
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 1 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 1 min ago | 1.31 bp | 6.4 bp −$6 | 11.0 bp −$110 | doesn't fit | doesn't fit |
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 | 1.5298 | +0.038% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5294 | +0.010% | $1.1M | $113K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5296 | +0.025% | $256K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC]long | L +0.0010% / S +0.0086% | 1h | 1.5292 | long leg | $838K | — | 200x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.751% | $2K | $107K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0061% | 8h | 1.5297 | +0.032% | $75K | $910K | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0077% | 1h | 1.5299 | +0.045% | $9.3M | $25.5M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5294 | +0.009% | $2.8M | $13.7M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5297 | +0.032% | $511K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5301 | +0.058% | $11K | $276K | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5301 | +0.060% | $477K | $54K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5305 | +0.081% | $1.0M | $5.6M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5294 | +0.013% | $38.7M | $83.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5304 | +0.079% | $619K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5303 | +0.072% | $538.1M | $2.07B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5304 | +0.077% | $340.2M | $929.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5307 | +0.097% | $124.7M | $878.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5292 | −0.001% | $572K | $48K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5303 | +0.071% | $116K | $710K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5306 | +0.087% | $1.6M | $562K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5293 | +0.005% | $372.3M | $148.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5314 | +0.143% | $296.4M | $895.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5292 | +0.002% | $108.5M | $167.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5306 | +0.090% | $268.2M | $376.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5295 | +0.019% | — | $123.5M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5329 | +0.242% | $6.4M | $35.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5392 | +0.651% | $668K | $106.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5387 | +0.620% | $1.1M | $39.8M | 20x | as long as short |
| ApeX Omni XRPUSDTshort | +0.0100% | 1h | 1.5333 | +0.267% | $1.0M | $906K | 50x | |
| Vest XRP-PERP | +0.0100% | 1h | 1.5298 | +0.036% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5298 | +0.038% | $48K | $443K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5293 | +0.006% | $41K | $69K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5297 | +0.031% | $823K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5300 | +0.049% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5293 | +0.005% | $29K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5291 | −0.006% | $50.2M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5295 | +0.019% | $54.4M | $29.7M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5308 | +0.106% | $2.1M | $7.2M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5299 | +0.045% | $8K | $8K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5295 | +0.018% | $59K | $25K | 3x | as long as short |
| Reya XRPRUSDPERP | +0.0213% | 1h | 1.5293 | +0.008% | $1.4M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5308 | +0.104% | $23.9M | $74.4M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5297 | +0.032% | $5.8M | $46.2M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0238% | 1h | 1.5303 | +0.071% | $1.9M | $1.3M | 25x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0244% | 1h | 1.5290 | −0.016% | $14.5M | $70.6M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0296% | 1h | 1.5308 | +0.105% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0316% | 8h | 1.5307 | +0.097% | $2.0M | $35.3M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0415% | 1h | 1.5307 | +0.097% | $290.1M | $216.1M | 20x | as long as short |
| Phoenix XRP | +0.0520% | 1h | 1.5400 | +0.705% | $69K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0795% | 1h | 1.5340 | +0.310% | $2K | $12K | 10x | as long as short |
| RISEx XRP/USDC | +0.0828% | 1h | 1.5303 | +0.068% | $506K | $755K | 10x | as long as short |
GMX XRP/USD [ETH-USDC]
ApeX Omni XRPUSDT
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Deribit XRP_USDC-PERPETUAL
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Paradex XRP-USD-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
01 Exchange XRPUSD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kraken Futures PF_XRPUSD
Kalshi KXXRPPERP
Hyperliquid XRP
Phoenix XRP
Aftermath Perps XRPUSD
RISEx XRP/USDC