XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 19:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.14 per $10,000 · paid last 24h −0.011%

Price spread now: GMX against SoDEX+0.057%7-day average +0.028% · you sell dearer than you buy

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)−0.221%−$22 on $10k

Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.057%, 7d avg +0.028%

Together, before fees−0.172%−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.029% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.028%. Mind the row above: over the last 4 days funding on this pair cost −0.221%, 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	1.5846	0.0100	pay 0.0013% / 1h	3m 58s	$24K	$1.7M	10x
Short	GMX XRP/USD [ETH-USDC]	1.5855	L +0.0295% / S −0.0216%	get 0.0027% / 1h	3m 58s	$1.4M	—	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 +0.057%Rate

Funding earned: $24.32
Price spread: +0.057% → +0.028%: $2.89
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $7.21
Costs to cover: 0.200%
Break-even: 4.9 days

Slippage unknown: SoDEX: live order book, 3 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, 3 min ago	0.32 bp	4.3 bp −$4	6.5 bp −$65	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 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	1.5851	+0.032%	$6K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5843	−0.016%	$1.2M	$232K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5840	−0.038%	$77K	$55K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5855	+0.054%	$254K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5720	−0.795%	$2K	$205K	30x	as long as short
Coinbase International XRP-PERP-INTX	+0.0040%	1h	1.5850	+0.025%	$5.1M	$50.7M	50x	as long as short
Aftermath Perps XRPUSD	+0.0076%	1h	1.5830	−0.104%	$3K	$16K	10x	as long as short
Orderly PERP_XRP_USDC	+0.0091%	8h	1.5851	+0.032%	$73K	$399K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5853	+0.044%	$3.3M	$14.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5855	+0.057%	$561K	$3.6M	20x	as long as short

Show all 50 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XRP-USD-PERP	+0.0099%	8h	1.5840	−0.035%	$491K	$4K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5835	−0.069%	$11K	$945K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5795	−0.319%	$957K	$6.6M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5859	+0.082%	$40.1M	$90.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5844	−0.013%	$604K	$918K	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5861	+0.095%	$563.2M	$2.30B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5859	+0.082%	$363.8M	$984.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5858	+0.076%	$133.5M	$970.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5829	−0.107%	$581K	$51K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5837	−0.057%	$135K	$887K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5834	−0.073%	$1.7M	$266	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5850	+0.025%	$388.0M	$198.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5863	+0.107%	$338.1M	$937.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5862	+0.098%	$131.9M	$218.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5861	+0.095%	$278.2M	$403.1M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5870	+0.151%	—	$88.8M	—	as long as short
Backpack XRP_USDC_PERP	+0.0100%	1h	1.5866	+0.126%	$1.8M	$2.1M	25x	as long as short
Variational Omni XRP	+0.0100%	8h	1.5848	+0.011%	$7.4M	$30.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5797	−0.311%	$685K	$120.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5813	−0.210%	$1.1M	$35.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5800	−0.290%	$1.3M	$1.1M	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5852	+0.038%	$55K	$319K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5851	+0.031%	$44K	$53K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5849	+0.020%	$854K	$102K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5854	+0.050%	$133K	$1.4M	30x	as long as short
SoDEX XRP-USDlong	+0.0100%	1h	1.5846	long leg	$24K	$1.7M	10x
HTX XRP-USDT	+0.0100%	8h	1.5841	−0.033%	$51.1M	$13.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5846	0.000%	$57.0M	$34.5M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5846	−0.002%	—	$9K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5862	+0.100%	$2.4M	$6.4M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5849	+0.019%	$61K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0128%	1h	1.5860	+0.088%	$8.4M	$19.7M	50x	as long as short
01 Exchange XRPUSD	+0.0144%	1h	1.5845	−0.006%	$9K	$796	10x	as long as short
Hyperliquid XRP	+0.0150%	1h	1.5870	+0.151%	$311.3M	$279.5M	20x	as long as short
Kalshi KXXRPPERP	+0.0178%	8h	1.5854	+0.050%	$1.7M	$35.6M	2.9x	as long as short
Kraken Futures PF_XRPUSD	+0.0180%	1h	1.5852	+0.036%	$14.9M	$67.4M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5840	−0.038%	$25.6M	$82.4M	125x	as long as short
Reya XRPRUSDPERP	+0.0231%	1h	1.5849	+0.020%	$1.4M	$2K	15x	as long as short
RISEx XRP/USDC	+0.0241%	1h	1.5843	−0.019%	$557K	$847K	10x	as long as short
GMX XRP/USD [ETH-USDC]short	L +0.0295% / S −0.0216%	1h	1.5855	+0.057%	$1.4M	—	200x