Funding you earn now, next payment 07:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.061%
Price spread now: Variational Omni against GMX−0.046%7-day average −0.037% · 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)+0.186%+$19 on $10k
+Price spread, last 4 days (all we have)−0.227%−$23 · spread now −0.046%, 7d avg −0.037%
=Together, before fees−0.041%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XRP/USD [ETH-USDC] | 1.5137 | L +0.0079% / S −0.0027% | pay 0.0010% / 1h | 47m 26s | $798K | — | 200x |
| Short | Variational Omni XRP | 1.5130 | 0.0100 | get 0.0100% / 8h | 1h 47m | $4.7M | $38.5M | — |
GMX XRP/USD [ETH-USDC]
Variational Omni XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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
- $4.33
- Price spread: −0.046% → −0.037%
- −$0.94
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$8.6
- Costs to cover
- 0.120%
- Break-even
- 20.9 days
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago | 2.01 bp | doesn't fit | 4.8 bp −$48 | 19.4 bp −$1,945 | 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 | 1.5146 | +0.059% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5146 | +0.060% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.218% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5137 | +0.001% | $245K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5148 | +0.073% | $7.7M | $25.1M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5146 | +0.059% | $14.4M | $75.3M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.794% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5143 | +0.040% | $8K | $8K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC]long | L +0.0079% / S −0.0027% | 1h | 1.5137 | long leg | $798K | — | 200x | |
| Lighter XRP | +0.0096% | 1h | 1.5146 | +0.061% | $2.8M | $15.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5143 | +0.040% | $545K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5137 | 0.000% | $12K | $367K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5147 | +0.063% | $994K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5140 | +0.020% | $38.5M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5146 | +0.061% | $606K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5137 | 0.000% | $528.1M | $2.23B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5137 | 0.000% | $344.6M | $967.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5137 | 0.000% | $127.0M | $890.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5146 | +0.059% | $563K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5144 | +0.046% | $143K | $718K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5129 | −0.054% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5139 | +0.013% | $372.9M | $158.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5139 | +0.013% | $298.8M | $918.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5141 | +0.026% | $107.3M | $182.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5138 | +0.007% | $266.8M | $400.0M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5143 | +0.040% | — | $4.2M | — | as long as short |
| Variational Omni XRPshort | +0.0100% | 8h | 1.5130 | −0.046% | $4.7M | $38.5M | — | |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5150 | +0.088% | $658K | $114.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5141 | +0.025% | $1.1M | $36.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5154 | +0.112% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5144 | +0.048% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5141 | +0.026% | $47K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5138 | +0.005% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5138 | +0.007% | $65K | $929K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5144 | +0.050% | $815K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5148 | +0.075% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5143 | +0.040% | $30K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5147 | +0.063% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5142 | +0.033% | $54.0M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5150 | +0.085% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5135 | −0.011% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5142 | +0.033% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0163% | 1h | 1.5155 | +0.119% | $2.0M | $1.4M | 25x | as long as short |
| Hyperliquid XRP | +0.0165% | 1h | 1.5152 | +0.102% | $289.1M | $264.2M | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5146 | +0.059% | $17K | $79K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5150 | +0.086% | $5.7M | $48.3M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5135 | −0.011% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5146 | +0.059% | $23.5M | $77.9M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0223% | 8h | 1.5155 | +0.119% | $1.7M | $35.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5146 | +0.062% | $522K | $796K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0553% | 1h | 1.5152 | +0.099% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
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-USDC
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
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
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD