Funding you earn now, next payment 06:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h −0.020%
Price spread now: SunX against Kraken Futures+0.079%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$680.678% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.079%, 7d avg +0.018%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.061% dearer against Kraken Futures than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XRPUSD | 1.5007 | −0.0001 | get 0.0000% / 1h | 30m 43s | $14.2M | $75.2M | 50x |
| Short | SunX XRP-USDT | 1.5019 | 0.0100 | get 0.0100% / 8h | 2h 30m | $126K | $1.8M | 30x |
Kraken Futures PF_XRPUSD
SunX XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Kraken Futures. 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
- $21.23
- Price spread: +0.079% → +0.018%
- $6.09
- Slippage, 4 orders
- −$49.79
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$40.48
- Costs to cover
- 0.678%
- Break-even
- 20.3 days
Slippage from Kraken Futures: live order book, 3 min ago; SunX: live order book, 5 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 Kraken Futures live order book, 3 min ago | 1.33 bp | 9.5 bp −$9 | 12.1 bp −$121 | 21.8 bp −$2,179 | 39.9 bp −$19.9K |
| Sell SunX live order book, 5 min ago | 19.03 bp | 25.4 bp −$25 | 36.7 bp −$367 | 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 | 1.5013 | +0.037% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSDlong | −0.0001% | 1h | 1.5007 | long leg | $14.2M | $75.2M | 50x | |
| dYdX XRP-USD | 0.0000% | 1h | 1.5021 | +0.088% | $1.1M | $130K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5030 | +0.150% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5009 | +0.010% | $7.6M | $25.7M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5006 | −0.013% | $257K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.682% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.5004 | −0.023% | $786K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5022 | +0.097% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5006 | −0.009% | $2.8M | $14.9M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
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 | 1.5008 | +0.004% | $494K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5012 | +0.030% | $12K | $363K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5021 | +0.087% | $914K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5017 | +0.063% | $287.3M | $259.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5011 | +0.023% | $38.3M | $86.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5021 | +0.087% | $602K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5012 | +0.027% | $526.2M | $2.20B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5009 | +0.010% | $341.2M | $959.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5010 | +0.017% | $124.5M | $889.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5033 | +0.170% | $559K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5024 | +0.110% | $143K | $723K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5027 | +0.129% | $1.6M | $4K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5012 | +0.030% | $367.8M | $157.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5010 | +0.017% | $288.0M | $913.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5010 | +0.014% | $106.2M | $180.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5003 | −0.030% | $264.7M | $397.0M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5011 | +0.023% | — | $105.9M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5004 | −0.022% | $4.7M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5013 | +0.038% | $652K | $112.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5026 | +0.124% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5014 | +0.043% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5016 | +0.060% | — | $13K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5012 | +0.030% | $51K | $493K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5006 | −0.010% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5006 | −0.010% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5004 | −0.023% | $807K | $72K | 10x | as long as short |
| SunX XRP-USDTshort | +0.0100% | 8h | 1.5019 | +0.079% | $126K | $1.8M | 30x | |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5007 | −0.003% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5005 | −0.019% | $49.0M | $15.8M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5008 | +0.004% | $53.5M | $31.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5022 | +0.100% | $468K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5008 | 0.000% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5006 | −0.010% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0133% | 8h | 1.5025 | +0.117% | $1.7M | $35.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0167% | 1h | 1.5016 | +0.057% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5012 | +0.030% | $5.6M | $48.2M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0216% | 1h | 1.5026 | +0.121% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5006 | −0.007% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5001 | −0.043% | $23.3M | $75.8M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5023 | +0.104% | $512K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0604% | 1h | 1.5042 | +0.231% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
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-USDT
Variational Omni XRP
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
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD