XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.013%

Price spread now: GMX against SoDEX−0.013%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 SoDEX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.215%−$21 on $10k

Price spread, last 4 days (all we have)+0.201%+$20 · spread now −0.013%, 7d avg +0.028%

Together, before fees−0.014%−$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.040% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.028%). If the spread goes back, that is −$4 on $10k: about 36 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 4 days funding on this pair cost −0.215%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XRP-USD	1.5751	0.0100	pay 0.0013% / 1h	14m 35s	$36K	$1.7M	10x
Short	GMX XRP/USD [ETH-USDC]	1.5749	L +0.0294% / S −0.0189%	get 0.0024% / 1h	14m 35s	$1.5M	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against SoDEX. 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 SoDEXbpFee GMXbpOrdersPrice spread, now −0.013%Rate

Funding earned: $18.74
Price spread: −0.013% → +0.028%: −$4.03
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$5.29
Costs to cover: 0.200%
Break-even: 9.0 days

Slippage unknown: SoDEX: live order book, 2 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 SoDEX live order book, 2 min ago	0.32 bp	4.3 bp −$4	8.4 bp −$84	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 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	1.5765	+0.089%	$6K	$2K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0040%	1h	1.5756	+0.029%	$14.7M	$64.8M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5761	+0.061%	$1.2M	$232K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5750	−0.006%	$77K	$48K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5758	+0.044%	$8.4M	$18.4M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5751	−0.003%	$233K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5720	−0.197%	$2K	$97K	30x	as long as short
Coinbase International XRP-PERP-INTX	+0.0040%	1h	1.5750	−0.006%	$4.9M	$52.5M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0094%	8h	1.5751	0.000%	$71K	$277K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5761	+0.063%	$3.4M	$14.1M	20x	as long as short

Show all 51 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5767	+0.102%	$571K	$3.1M	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5768	+0.111%	$489K	$4K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5764	+0.086%	$774K	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5760	+0.060%	$39.6M	$91.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5765	+0.089%	$574K	$995K	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5763	+0.076%	$560.3M	$2.25B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5763	+0.076%	$357.4M	$971.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5760	+0.057%	$130.2M	$979.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5747	−0.025%	$580K	$73K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5769	+0.114%	$159K	$939K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5714	−0.235%	$1.7M	$19K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5763	+0.076%	$403.5M	$205.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5762	+0.070%	$326.4M	$888.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5763	+0.079%	$114.4M	$216.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5760	+0.057%	$274.7M	$392.8M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5760	+0.057%	—	$74.6M	—	as long as short
Backpack XRP_USDC_PERP	+0.0100%	1h	1.5764	+0.083%	$1.8M	$2.2M	25x	as long as short
Variational Omni XRP	+0.0100%	8h	1.5746	−0.032%	$6.9M	$22.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5743	−0.049%	$683K	$119.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5747	−0.024%	$1.1M	$31.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5752	+0.006%	$1.2M	$1.6M	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5766	+0.095%	$51K	$266K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5746	−0.032%	$43K	$45K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5753	+0.015%	$848K	$107K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5748	−0.022%	$132K	$1.3M	30x	as long as short
SoDEX XRP-USDlong	+0.0100%	1h	1.5751	long leg	$36K	$1.7M	10x
HTX XRP-USDT	+0.0100%	8h	1.5739	−0.074%	$50.5M	$14.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5751	0.000%	$57.4M	$32.9M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5761	+0.065%	—	$9K	10x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5759	+0.051%	$10K	$919K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5759	+0.051%	$2.5M	$6.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5751	−0.003%	$60K	$24K	3x	as long as short
Hibachi XRP/USDT-P	+0.0120%	1h	1.5752	+0.006%	$25K	$56K	7x	as long as short
Aftermath Perps XRPUSD	+0.0155%	1h	1.5735	−0.102%	$3K	$15K	10x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5775	+0.152%	$9K	$1K	10x	as long as short
Kalshi KXXRPPERP	+0.0208%	8h	1.5765	+0.089%	$2.1M	$38.7M	2.9x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5754	+0.019%	$25.2M	$79.9M	125x	as long as short
Reya XRPRUSDPERP	+0.0234%	1h	1.5761	+0.065%	$1.4M	$2K	15x	as long as short
Hyperliquid XRP	+0.0244%	1h	1.5781	+0.190%	$305.9M	$255.6M	20x	as long as short
RISEx XRP/USDC	+0.0276%	1h	1.5767	+0.100%	$595K	$831K	10x	as long as short
GMX XRP/USD [ETH-USDC]short	L +0.0294% / S −0.0189%	1h	1.5749	−0.013%	$1.5M	—	200x