XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0163%/8h= −17.9% APRnext payment −$0.20 per $10,000 · paid last 24h −0.102%

Price spread now: GMX against Nado−0.176%7-day average +0.028% · you buy dearer than you sell

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

Long on Nado Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.243%−$24 on $10k

Price spread, last 3 days (all we have)+0.222%+$22 · spread now −0.176%, 7d avg +0.028%

Together, before fees−0.021%+ Points / potential airdropNado: Active · farm board−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GMX is 0.205% cheaper against Nado than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.028%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XRP-PERP	1.5107	0.0100	pay 0.0012% / 1h	39m 18s	$778K	$5.9M	20x
Short	GMX XRP/USD [ETH-USDC]	1.5081	L +0.0024% / S +0.0063%	pay 0.0008% / 1h	39m 18s	$827K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Nado. 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 NadobpFee GMXbpOrdersPrice spread, now −0.176%Rate

Funding earned: −$34.27
Price spread: −0.176% → +0.028%: −$20.46
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$73.74
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 5 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 Nado live order book, 5 min ago	0.33 bp	4.9 bp −$5	14.0 bp −$140	doesn't fit	doesn't fit
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	1.5060	−0.314%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5091	−0.107%	$1.1M	$120K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5110	+0.017%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5083	−0.165%	$261K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]short	L +0.0024% / S +0.0063%	1h	1.5081	−0.176%	$827K	—	200x
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.995%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5080	−0.184%	$14.4M	$72.6M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0070%	8h	1.5082	−0.169%	$57K	$945K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0082%	1h	1.5083	−0.162%	$7.6M	$25.4M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5100	−0.052%	$2.8M	$14.1M	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	1.5103	−0.030%	$516K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5080	−0.182%	$10K	$306K	20x	as long as short
Nado XRP-PERPlong	+0.0100%	1h	1.5107	long leg	$778K	$5.9M	20x
Aster XRPUSDT	+0.0100%	8h	1.5089	−0.124%	$38.4M	$84.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5102	−0.035%	$609K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5089	−0.119%	$535.9M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5085	−0.149%	$336.3M	$943.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5079	−0.189%	$123.8M	$870.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5098	−0.063%	$562K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5089	−0.122%	$115K	$725K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5183	+0.499%	$1.6M	$305K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5091	−0.109%	$366.4M	$150.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5091	−0.109%	$285.7M	$904.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5106	−0.010%	$106.9M	$172.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5080	−0.182%	$264.6M	$386.1M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5090	−0.116%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5098	−0.062%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5152	+0.297%	$658K	$108.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5080	−0.181%	$1.1M	$38.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5163	+0.367%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5103	−0.033%	—	$12K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5107	−0.003%	$45K	$453K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5091	−0.107%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5083	−0.164%	$812K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5086	−0.144%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5083	−0.162%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5096	−0.073%	$49.5M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5096	−0.076%	$53.6M	$29.6M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5093	−0.094%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5077	−0.201%	$2.0M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5082	−0.172%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5095	−0.083%	$8K	$8K	10x	as long as short
Hyperliquid XRP	+0.0178%	1h	1.5116	+0.054%	$279.4M	$220.6M	20x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5104	−0.021%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5088	−0.129%	$5.7M	$46.3M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.566%	$24.0M	$75.2M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0323%	1h	1.5098	−0.063%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0328%	1h	1.5062	−0.302%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0339%	8h	1.5069	−0.255%	$2.1M	$36.1M	2.9x	as long as short
RISEx XRP/USDC	+0.0456%	1h	1.5092	−0.102%	$534K	$783K	10x	as long as short
Aftermath Perps XRPUSD	+0.0800%	1h	1.5124	+0.111%	$2K	$14K	10x	as long as short