XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.1% APRnext payment +$0.46 per $10,000 · paid last 24h +0.006%

Price spread now: SunX against Orderly+0.029%7-day average +0.026% · you sell dearer than you buy

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

Long on Orderly Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.113%+$11 on $10k

Price spread, last 3 days (all we have)−0.023%−$2 · spread now +0.029%, 7d avg +0.026%

Together, before fees+0.090%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_XRP_USDC	1.5536	0.0054	pay 0.0054% / 8h	1h 26m	$76K	$946K	50x
Short	SunX XRP-USDT	1.5540	0.0100	get 0.0100% / 8h	1h 26m	$130K	$1.8M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Orderly. 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 OrderlybpFee SunXbpOrdersPrice spread, now +0.029%Rate

Funding earned: $9.75
Price spread: +0.029% → +0.026%: $0.29
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: −$3.96
Costs to cover: 0.140%
Break-even: 9.8 days

Slippage unknown: Orderly: no order-book sample; SunX: live order book, 8 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell SunX live order book, 8 min ago	17.60 bp	26.7 bp −$27	41.7 bp −$417	doesn't fit	doesn't fit

Orderly: 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	1.5523	−0.084%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5501	−0.223%	$1.1M	$114K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5541	+0.032%	$9.5M	$25.3M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5531	−0.035%	$260K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−1.583%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5534	−0.013%	$15.4M	$68.8M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0052% / S +0.0123%	1h	1.5530	−0.038%	$1.1M	—	200x	as long as short
Orderly PERP_XRP_USDClong	+0.0054%	8h	1.5536	long leg	$76K	$946K	50x
Lighter XRP	+0.0096%	1h	1.5535	−0.005%	$3.0M	$12.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5535	−0.006%	$440K	$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	1.5532	−0.023%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5533	−0.018%	$39.5M	$78.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5509	−0.174%	$638K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5530	−0.039%	$558.8M	$1.97B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5532	−0.026%	$347.4M	$893.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5531	−0.032%	$127.4M	$877.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5528	−0.051%	$577K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5536	0.000%	$118K	$740K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5530	−0.039%	$373.9M	$140.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5536	0.000%	$293.8M	$851.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5530	−0.039%	$113.5M	$158.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5534	−0.013%	$271.0M	$362.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5530	−0.039%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5485	−0.331%	$11.7M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5495	−0.262%	$675K	$101.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5534	−0.015%	$1.1M	$41.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5504	−0.206%	$1.0M	$882K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5520	−0.101%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5532	−0.026%	$46K	$445K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5529	−0.044%	$42K	$65K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5540	+0.024%	$836K	$79K	10x	as long as short
SunX XRP-USDTshort	+0.0100%	8h	1.5540	+0.029%	$130K	$1.8M	30x
SoDEX XRP-USD	+0.0100%	1h	1.5533	−0.019%	$33K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5522	−0.089%	$51.0M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5536	0.000%	$55.3M	$29.2M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5477	−0.382%	$1.7M	$578K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5521	−0.095%	$484K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5528	−0.051%	$11K	$255K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5532	−0.026%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5540	+0.027%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5531	−0.032%	$8K	$8K	10x	as long as short
Hibachi XRP/USDT-P	+0.0184%	1h	1.5527	−0.059%	$18K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5522	−0.089%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5545	+0.058%	$5.8M	$47.2M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5529	−0.045%	$24.7M	$73.6M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0267%	1h	1.5539	+0.019%	$1.8M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0317%	8h	1.5535	−0.006%	$1.9M	$32.8M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5480	−0.360%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5540	+0.023%	$509K	$629K	10x	as long as short
Hyperliquid XRP	+0.0599%	1h	1.5549	+0.081%	$291.2M	$202.6M	20x	as long as short
Aftermath Perps XRPUSD	+0.0735%	1h	1.5538	+0.016%	$1K	$11K	10x	as long as short