XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h +0.087%

Price spread now: Reya against GMX+0.007%7-day average −0.035% · you sell dearer than you buy

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

Long on GMX Short on Reya

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.304%+$30 on $10k

Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.007%, 7d avg −0.035%

Together, before fees+0.221%+ Points / potential airdropReya: Active · farm board+$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Reya is 0.042% dearer against GMX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX XRP/USD [ETH-USDC]	1.5382	L +0.0155% / S −0.0126%	pay 0.0019% / 1h	15m 46s	$801K	—	200x
Short	Reya XRPRUSDPERP	1.5383	0.0222	get 0.0028% / 1h	15m 46s	$1.4M	$1K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.007%Rate

Funding earned: $14.22
Price spread: +0.007% → −0.035%: $4.23
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: $0.45
Costs to cover: 0.180%
Break-even: 6.8 days

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

GMX and Reya: 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 exchanges

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	1.5355	−0.178%	$5K	$4K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5379	−0.021%	$1.1M	$155K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5384	+0.011%	$7.9M	$21.7M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5384	+0.008%	$250K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0016%	1h	1.5384	+0.008%	$14.2M	$72.7M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.155%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0048%	1h	1.5386	+0.024%	$9K	$2K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5380	−0.019%	$2.8M	$14.5M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5382	−0.002%	$605K	$3.1M	20x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5382	−0.001%	$480K	$51K	50x	as long as short

Show all 50 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5376	−0.041%	$10K	$396K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5387	+0.031%	$1.0M	$5.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5377	−0.035%	$39.6M	$82.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5383	+0.003%	$590K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5379	−0.022%	$536.3M	$2.10B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5381	−0.009%	$363.2M	$899.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5385	+0.017%	$124.6M	$845.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5340	−0.276%	$563K	$37K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5387	+0.030%	$165K	$692K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5353	−0.194%	$1.6M	$25K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5380	−0.015%	$380.0M	$160.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5381	−0.009%	$315.5M	$917.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5378	−0.025%	$106.9M	$182.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5379	−0.022%	$272.4M	$360.0M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5377	−0.035%	—	$103.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5377	−0.034%	$5.1M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5358	−0.162%	$667K	$111.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5351	−0.204%	$1.1M	$31.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5391	+0.056%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5383	+0.006%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5386	+0.024%	$53K	$479K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5386	+0.024%	$42K	$65K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5380	−0.015%	$68K	$600K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5361	−0.140%	$129K	$1.6M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5381	−0.009%	$31K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5370	−0.080%	$50.1M	$14.2M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5381	−0.009%	$54.9M	$33.3M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5373	−0.063%	$2.1M	$5.8M	50x	as long as short
Hibachi XRP/USDT-P	+0.0104%	1h	1.5354	−0.186%	$17K	$76K	7x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5375	−0.048%	$59K	$25K	3x	as long as short
Coinbase International XRP-PERP-INTX	+0.0120%	1h	1.5385	+0.017%	$5.5M	$45.6M	50x	as long as short
Hyperliquid XRP	+0.0130%	1h	1.5393	+0.069%	$298.9M	$268.4M	20x	as long as short
Kalshi KXXRPPERP	+0.0153%	8h	1.5379	−0.022%	$1.9M	$34.3M	2.9x	as long as short
GMX XRP/USD [ETH-USDC]long	L +0.0155% / S −0.0126%	1h	1.5382	long leg	$801K	—	200x
Backpack XRP_USDC_PERP	+0.0198%	1h	1.5395	+0.082%	$2.0M	$1.3M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5354	−0.184%	$23.8M	$79.3M	125x	as long as short
Reya XRPRUSDPERPshort	+0.0222%	1h	1.5383	+0.007%	$1.4M	$1K	15x
RISEx XRP/USDC	+0.0272%	1h	1.5385	+0.016%	$513K	$786K	10x	as long as short
Aftermath Perps XRPUSD	+0.0459%	1h	1.5376	−0.044%	$3K	$14K	10x	as long as short
Phoenix XRP	+0.0516%	1h	1.5350	−0.211%	$69K	$109K	15x	as long as short