XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0159%/8h= −17.4% APRnext payment −$0.20 per $10,000 · paid last 24h +0.036%

Price spread now: Hotstuff against GMX−0.202%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Hotstuff

What this pair did over the last

the charts below follow

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—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.202% cheaper against GMX than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX XRP/USD [ETH-USDC]	1.5622	L +0.0079% / S +0.0146%	pay 0.0010% / 1h	47m 39s	$925K	—	200x
Short	Hotstuff XRP-PERP	1.5591	−0.0080	pay 0.0010% / 1h	47m 39s	$7K	$2K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against GMX. 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 GMXbpFee HotstuffbpOrdersPrice spread, now −0.202%Rate

Funding earned: −$33.45
Price spread: −0.202% → 0.000%: −$20.16
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$70.61
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Hotstuff: 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 Hotstuff no order-book sample	—	—	—	—	—

GMX and Hotstuff: 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-PERPshort	−0.0080%	1h	1.5591	−0.202%	$7K	$2K	20x
dYdX XRP-USD	0.0000%	1h	1.5628	+0.035%	$1.1M	$104K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5623	+0.004%	$262K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−2.128%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5631	+0.053%	$15.7M	$67.4M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0052%	8h	1.5629	+0.042%	$82K	$935K	50x	as long as short
Hibachi XRP/USDT-P	+0.0064%	1h	1.5577	−0.294%	$19K	$73K	7x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0070%	1h	1.5631	+0.054%	$9.6M	$24.9M	50x	as long as short
GMX XRP/USD [ETH-USDC]long	L +0.0079% / S +0.0146%	1h	1.5622	long leg	$925K	—	200x
Lighter XRP	+0.0096%	1h	1.5631	+0.054%	$3.0M	$11.7M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5643	+0.131%	$460K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5631	+0.057%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5632	+0.064%	$39.8M	$75.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5638	+0.099%	$676K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5637	+0.092%	$566.9M	$1.92B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5631	+0.054%	$355.1M	$870.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5631	+0.054%	$128.8M	$868.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5541	−0.522%	$579K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5638	+0.099%	$121K	$724K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5527	−0.611%	$1.7M	$572K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5629	+0.042%	$372.7M	$134.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5629	+0.042%	$291.6M	$823.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5628	+0.036%	$113.0M	$153.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5632	+0.061%	$271.4M	$352.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5631	+0.054%	—	$115.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5524	−0.629%	$11.8M	$29.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5540	−0.528%	$675K	$98.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5571	−0.333%	$1.1M	$41.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5590	−0.208%	$1.0M	$882K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5627	+0.029%	$54K	$436K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5627	+0.029%	$42K	$62K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5629	+0.041%	$841K	$71K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5631	+0.052%	$131K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5628	+0.035%	$30K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5630	+0.050%	$51.4M	$15.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5629	+0.042%	$55.6M	$28.8M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5611	−0.073%	—	$10K	10x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5637	+0.092%	$488K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5631	+0.054%	$12K	$248K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5630	+0.049%	$2.2M	$7.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5627	+0.030%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0160%	1h	1.5634	+0.074%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5626	+0.020%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5635	+0.080%	$5.8M	$46.2M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5596	−0.170%	$24.6M	$71.7M	125x	as long as short
Kalshi KXXRPPERP	+0.0338%	8h	1.5628	+0.035%	$1.9M	$32.0M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0372%	1h	1.5631	+0.054%	$1.8M	$977K	25x	as long as short
Phoenix XRP	+0.0516%	1h	1.5590	−0.208%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5639	+0.105%	$409K	$531K	10x	as long as short
Aftermath Perps XRPUSD	+0.0585%	1h	1.5572	−0.322%	$1K	$11K	10x	as long as short
Hyperliquid XRP	+0.0655%	1h	1.5647	+0.157%	$289.6M	$195.5M	20x	as long as short