Funding you earn now, next payment 01:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.11 per $10,000 · paid last 24h +0.085%
Price spread now: Bullet against GMX+0.025%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bullet is 0.025% dearer against GMX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XRP/USD [ETH-USDC] | 1.5365 | L +0.0015% / S +0.0078% | pay 0.0002% / 1h | 25m 10s | $842K | — | 200x |
| Short | Bullet XRP-USD | 1.5369 | 0.0100 | get 0.0013% / 1h | 25m 10s | $41K | $68K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- $17.9
- Price spread: +0.025% → 0.000%
- $2.51
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $0.41
- Costs to cover
- 0.200%
- Break-even
- 6.8 days
Slippage unknown: GMX: no order-book sample; Bullet: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Bullet no order-book sample | — | — | — | — | — |
GMX and Bullet: 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 | 1.5359 | −0.039% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5366 | +0.007% | $1.1M | $112K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5365 | +0.001% | $257K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC]long | L +0.0015% / S +0.0078% | 1h | 1.5365 | long leg | $842K | — | 200x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.269% | $2K | $107K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0063% | 8h | 1.5374 | +0.059% | $58K | $935K | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0075% | 1h | 1.5377 | +0.078% | $9.3M | $25.1M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5356 | −0.059% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5372 | +0.043% | $2.8M | $14.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5373 | +0.052% | $516K | $3.2M | 20x | 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 | 1.5353 | −0.078% | $10K | $279K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5361 | −0.024% | $479K | $55K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5361 | −0.023% | $1.0M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5366 | +0.007% | $38.8M | $83.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5365 | 0.000% | $622K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5371 | +0.038% | $542.2M | $2.05B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5367 | +0.013% | $342.8M | $919.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5365 | 0.000% | $125.0M | $869.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5316 | −0.319% | $571K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5359 | −0.039% | $118K | $711K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5334 | −0.199% | $1.7M | $381K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5366 | +0.007% | $375.4M | $149.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5368 | +0.020% | $314.6M | $905.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5373 | +0.055% | $109.2M | $165.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5365 | 0.000% | $268.8M | $375.0M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5366 | +0.007% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5352 | −0.085% | $6.3M | $35.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5338 | −0.174% | $666K | $107.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5334 | −0.200% | $1.1M | $38.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5350 | −0.098% | $1.2M | $996K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5359 | −0.040% | — | $9K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5368 | +0.020% | $50K | $442K | 20x | as long as short |
| Bullet XRP-USDshort | +0.0100% | 1h | 1.5369 | +0.025% | $41K | $68K | 20x | |
| Derive XRP-PERP | +0.0100% | 1h | 1.5373 | +0.055% | $828K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5369 | +0.025% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5371 | +0.039% | $30K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5374 | +0.060% | $50.4M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5372 | +0.046% | $54.7M | $29.6M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5371 | +0.039% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5373 | +0.050% | $59K | $25K | 3x | as long as short |
| Reya XRPRUSDPERP | +0.0213% | 1h | 1.5360 | −0.030% | $1.4M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5369 | +0.026% | $24.1M | $73.8M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5374 | +0.059% | $5.8M | $46.5M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0243% | 1h | 1.5370 | +0.031% | $14.5M | $70.0M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0299% | 1h | 1.5375 | +0.065% | $1.9M | $1.3M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0310% | 8h | 1.5373 | +0.052% | $2.0M | $34.7M | 2.9x | as long as short |
| Hibachi XRP/USDT-P | +0.0320% | 1h | 1.5352 | −0.087% | $17K | $81K | 7x | as long as short |
| Hyperliquid XRP | +0.0391% | 1h | 1.5379 | +0.091% | $290.0M | $215.3M | 20x | as long as short |
| Phoenix XRP | +0.0520% | 1h | 1.5350 | −0.098% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0804% | 1h | 1.5343 | −0.142% | $2K | $12K | 10x | as long as short |
| RISEx XRP/USDC | +0.0828% | 1h | 1.5361 | −0.029% | $515K | $758K | 10x | as long as short |
GMX XRP/USD [ETH-USDC]
Bullet XRP-USD
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Deribit XRP_USDC-PERPETUAL
01 Exchange XRPUSD
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-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Kraken Futures PF_XRPUSD
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hyperliquid XRP
Phoenix XRP
Aftermath Perps XRPUSD
RISEx XRP/USDC