Funding you earn now, next payment 06:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.060%
Price spread now: GMX against gTrade (Gains Network)−0.026%59s7-day average +0.028% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.151%−$15 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.026%, 7d avg +0.028%
=Funding pays, the price is against you. GMX is 0.055% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.028%). If the spread goes back, that is −$5 on $10k: about 19 days of funding at the current rate ($0 a day). Mind the row above: over the last 3 days funding on this pair cost −0.151%, so the current rate has only just turned in your favour. The two prices were read 59 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 | 1.5002 | L +0.0003% / S −0.0004% | pay 0.0000% / 1h | 23m 33s | $243K | — | 150x |
| Short | GMX XRP/USD [ETH-USDC] | 1.4998 | L +0.0069% / S −0.0013% | get 0.0002% / 1h | 23m 33s | $788K | — | 200x |
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $2.05
- Price spread: −0.026% → +0.028%
- −$5.47
- 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
- −$25.42
- Costs to cover
- 0.220%
- Break-even
- 93.8 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 26 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), 26 min ago | 130.02 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 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 | 1.5007 | +0.032% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5010 | +0.054% | $14.1M | $74.9M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5005 | +0.021% | $1.1M | $130K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.4980 | −0.148% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USDlong | L +0.0003% / S −0.0004% | 1h | 1.5002 | long leg | $243K | — | 150x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.718% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC]short | L +0.0069% / S −0.0013% | 1h | 1.4998 | −0.026% | $788K | — | 200x | |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5000 | −0.015% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5003 | +0.008% | $2.8M | $15.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5006 | +0.025% | $543K | $3.3M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Injective XRP/USDC PERP
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0099% | 8h | 1.4991 | −0.075% | $10K | $360K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5004 | +0.011% | $946K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5009 | +0.045% | $286.3M | $261.8M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.4999 | −0.021% | $38.2M | $87.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5004 | +0.015% | $600K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5000 | −0.015% | $521.2M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.4999 | −0.021% | $341.4M | $964.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5000 | −0.015% | $124.5M | $876.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.4996 | −0.041% | $556K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5003 | +0.005% | $143K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5027 | +0.165% | $1.6M | $4K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5003 | +0.005% | $368.3M | $159.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.4997 | −0.035% | $280.5M | $919.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.4999 | −0.019% | $104.6M | $180.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.4995 | −0.048% | $263.3M | $397.1M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.4997 | −0.035% | — | $106.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.4960 | −0.281% | $4.7M | $38.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.4951 | −0.340% | $649K | $112.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.4988 | −0.098% | $1.1M | $37.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.4945 | −0.381% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5000 | −0.015% | $51K | $489K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5001 | −0.005% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5005 | +0.019% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5004 | +0.014% | $807K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5004 | +0.015% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5010 | +0.052% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5007 | +0.029% | $49.0M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5003 | +0.005% | $53.5M | $32.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5011 | +0.057% | $468K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5002 | −0.003% | — | $15K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.4991 | −0.072% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5005 | +0.022% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0148% | 8h | 1.4999 | −0.021% | $1.7M | $35.8M | 2.9x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0150% | 1h | 1.5012 | +0.065% | $7.6M | $25.6M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0165% | 1h | 1.5017 | +0.099% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5014 | +0.079% | $5.5M | $48.2M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0200% | 1h | 1.4994 | −0.056% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.4994 | −0.053% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.4995 | −0.048% | $23.3M | $76.3M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5002 | −0.002% | $515K | $784K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0621% | 1h | 1.5007 | +0.032% | $2K | $16K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
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
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Deribit XRP_USDC-PERPETUAL
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD