Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Paradex+0.017%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1311.314% of the position

Long on Paradex Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.001%$0 on $10k

Price spread, last 3 days (all we have)−0.100%−$10 · spread now +0.017%, 7d avg +0.007%

Together, before fees−0.099%+ Points / potential airdropParadex: Active · farm board−$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex XRP-USD-PERP	1.5152	0.0100	pay 0.0100% / 8h	6h 42m	$472K	$55K	50x
Short	SunX XRP-USDT	1.5155	0.0100	get 0.0100% / 8h	6h 42m	$127K	$1.8M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Paradex. 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 ParadexbpFee SunXbpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → +0.007%: $0.99
Slippage, 4 orders: −$119.38
Fee Paradex: 2 bp × 2 orders: −$4
Fee SunX: 4 bp × 2 orders: −$8
Net: −$130.39
Costs to cover: 1.314%
Break-even: never at this rate

Slippage from Paradex: live order book, 26 min ago; SunX: live order book, 13 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 Paradex live order book, 26 min ago	5.86 bp	7.9 bp −$8	147.5 bp −$1,475	doesn't fit	doesn't fit
Sell SunX live order book, 13 min ago	44.24 bp	53.5 bp −$53	60.4 bp −$604	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	1.5156	+0.024%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5155	+0.016%	$1.1M	$120K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5160	+0.050%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5139	−0.087%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0023% / S +0.0065%	1h	1.5142	−0.065%	$830K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.690%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5135	−0.113%	$14.6M	$72.4M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0069%	8h	1.5137	−0.101%	$57K	$945K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0080%	1h	1.5139	−0.088%	$9.0M	$25.0M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5139	−0.090%	$2.8M	$14.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5138	−0.095%	$518K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5153	+0.004%	$11K	$305K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5147	−0.032%	$882K	$5.8M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5118	−0.225%	$38.3M	$84.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5153	+0.004%	$611K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5115	−0.245%	$535.1M	$2.10B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5116	−0.240%	$336.9M	$939.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5118	−0.227%	$123.6M	$869.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5157	+0.031%	$564K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5157	+0.031%	$115K	$723K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5183	+0.201%	$1.6M	$305K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5110	−0.280%	$367.5M	$150.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5114	−0.253%	$290.6M	$900.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5103	−0.324%	$108.0M	$171.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5104	−0.319%	$264.0M	$384.1M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5116	−0.240%	—	$127.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5155	+0.018%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5178	+0.170%	$660K	$108.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5150	−0.017%	$1.1M	$38.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5185	+0.215%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5153	+0.001%	—	$12K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5152	−0.002%	$45K	$453K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5150	−0.013%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5139	−0.086%	$815K	$74K	10x	as long as short
SunX XRP-USDTshort	+0.0100%	8h	1.5155	+0.017%	$127K	$1.8M	30x
SoDEX XRP-USD	+0.0100%	1h	1.5139	−0.088%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5135	−0.117%	$49.6M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5130	−0.148%	$53.7M	$29.5M	50x	as long as short
Paradex XRP-USD-PERPlong	+0.0100%	8h	1.5152	long leg	$472K	$55K	50x
Extended XRP-USD	+0.0104%	1h	1.5102	−0.333%	$2.0M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5136	−0.105%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5161	+0.057%	$8K	$8K	10x	as long as short
Hyperliquid XRP	+0.0171%	1h	1.5130	−0.148%	$279.7M	$223.4M	20x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5148	−0.027%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5145	−0.049%	$5.7M	$46.5M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.268%	$24.0M	$75.2M	125x	as long as short
Hibachi XRP/USDT-P	+0.0328%	1h	1.5141	−0.072%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0335%	8h	1.5156	+0.024%	$2.1M	$36.0M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0358%	1h	1.5134	−0.121%	$1.9M	$1.3M	25x	as long as short
RISEx XRP/USDC	+0.0456%	1h	1.5158	+0.034%	$537K	$782K	10x	as long as short
Aftermath Perps XRPUSD	+0.0797%	1h	1.5163	+0.073%	$2K	$14K	10x	as long as short