XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%

Price spread now: SunX against BloFin+0.102%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$670.671% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.108%−$11 on $10k

Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.102%, 7d avg +0.008%

Together, before fees−0.169%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.094% dearer against BloFin than usual: you sell high and buy low (spread +0.102% now, against its 7-day average of +0.008%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.6 days. At the pace of the last 7 days (−0.108% in total) that is about 6.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XRP-USDT	1.5549	0.0220	pay 0.0220% / 8h	1h 18m	$24.5M	$73.8M	125x
Short	SunX XRP-USDT	1.5565	0.0100	get 0.0100% / 8h	1h 18m	$131K	$1.8M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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 BloFinbpFee SunXbpOrdersPrice spread, now +0.102%Rate

Funding earned: −$25.2
Price spread: +0.102% → +0.008%: $9.41
Slippage, 4 orders: −$47.09
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$82.88
Costs to cover: 0.671%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; SunX: live order book, 7 min ago.

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 BloFin live order book, 6 min ago	0.32 bp	6.3 bp −$6	6.3 bp −$63	12.3 bp −$1,228	25.4 bp −$12.7K
Sell SunX live order book, 7 min ago	17.58 bp	26.8 bp −$27	33.7 bp −$337	doesn't fit	doesn't fit

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	1.5561	+0.077%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5562	+0.084%	$1.1M	$113K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5552	+0.019%	$9.6M	$25.3M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5558	+0.058%	$260K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.071%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5549	+0.003%	$15.5M	$68.5M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0054%	8h	1.5549	0.000%	$78K	$949K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0118%	1h	1.5559	+0.064%	$1.1M	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5562	+0.082%	$3.0M	$12.3M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5564	+0.096%	$441K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5552	+0.023%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5562	+0.081%	$39.4M	$78.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5565	+0.101%	$641K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5558	+0.057%	$559.6M	$1.98B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5557	+0.051%	$346.5M	$899.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5555	+0.039%	$127.5M	$881.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5554	+0.032%	$580K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5563	+0.090%	$119K	$743K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5567	+0.114%	$1.7M	$578K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5563	+0.090%	$374.3M	$140.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5559	+0.064%	$296.4M	$858.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5558	+0.058%	$113.9M	$159.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5554	+0.032%	$271.7M	$363.7M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5560	+0.071%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5549	−0.003%	$11.8M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5567	+0.115%	$676K	$102.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5574	+0.159%	$1.1M	$41.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5555	+0.039%	$1.0M	$883K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5553	+0.025%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5561	+0.077%	$47K	$447K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5558	+0.057%	$42K	$66K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5551	+0.010%	$837K	$81K	10x	as long as short
SunX XRP-USDTshort	+0.0100%	8h	1.5565	+0.102%	$131K	$1.8M	30x
SoDEX XRP-USD	+0.0100%	1h	1.5550	+0.006%	$33K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5551	+0.012%	$51.1M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5552	+0.019%	$55.3M	$29.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5560	+0.072%	$485K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5556	+0.045%	$11K	$261K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5556	+0.048%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5547	−0.013%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5555	+0.039%	$8K	$8K	10x	as long as short
Hibachi XRP/USDT-P	+0.0208%	1h	1.5560	+0.068%	$18K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5553	+0.024%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5558	+0.058%	$5.8M	$47.2M	50x	as long as short
BloFin XRP-USDTlong	+0.0220%	8h	1.5549	long leg	$24.5M	$73.8M	125x
Backpack XRP_USDC_PERP	+0.0294%	1h	1.5560	+0.071%	$1.8M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0322%	8h	1.5556	+0.045%	$1.9M	$32.9M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5560	+0.071%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5568	+0.124%	$510K	$630K	10x	as long as short
Hyperliquid XRP	+0.0596%	1h	1.5573	+0.154%	$290.4M	$203.7M	20x	as long as short
Aftermath Perps XRPUSD	+0.0764%	1h	1.5563	+0.090%	$1K	$11K	10x	as long as short