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 Phemex+0.007%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$730.728% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.007%, 7d avg +0.020%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XRPUSDT | 1.5147 | 0.0100 | pay 0.0100% / 8h | 1h 56m | $54.1M | $32.2M | 50x |
| Short | SunX XRP-USDT | 1.5148 | 0.0100 | get 0.0100% / 8h | 1h 56m | $127K | $1.8M | 30x |
Phemex XRPUSDT
SunX XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Phemex. 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
- $0
- Price spread: +0.007% → +0.020%
- −$1.23
- Slippage, 4 orders
- −$52.78
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$74.01
- Costs to cover
- 0.728%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; SunX: live order book, 9 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 Phemex live order book, 3 min ago | 0.33 bp | 14.1 bp −$14 | 15.7 bp −$157 | 32.5 bp −$3,250 | doesn't fit |
| Sell SunX live order book, 9 min ago | 16.29 bp | 27.6 bp −$28 | 35.5 bp −$355 | 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 | 1.5158 | +0.073% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5136 | −0.071% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5160 | +0.086% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5150 | +0.022% | $245K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5142 | −0.036% | $14.4M | $75.1M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.727% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0077% / S −0.0022% | 1h | 1.5151 | +0.024% | $799K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5141 | −0.040% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5148 | +0.007% | $7.7M | $25.2M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5139 | −0.056% | $2.8M | $15.0M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
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 | 1.5140 | −0.046% | $548K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5134 | −0.086% | $11K | $363K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5145 | −0.010% | $999K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5141 | −0.040% | $38.4M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5139 | −0.055% | $602K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5138 | −0.058% | $526.6M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5138 | −0.059% | $343.8M | $967.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5139 | −0.053% | $126.9M | $890.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5154 | +0.046% | $564K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5150 | +0.020% | $143K | $718K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5166 | +0.125% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5135 | −0.079% | $374.6M | $157.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5143 | −0.026% | $296.8M | $916.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5137 | −0.067% | $107.2M | $182.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5142 | −0.033% | $266.3M | $399.5M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5145 | −0.013% | — | $106.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5155 | +0.051% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5133 | −0.095% | $659K | $114.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5156 | +0.058% | $1.1M | $36.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5165 | +0.119% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5147 | +0.003% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5148 | +0.007% | $46K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5152 | +0.033% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5144 | −0.020% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5147 | 0.000% | $815K | $73K | 10x | as long as short |
| SunX XRP-USDTshort | +0.0100% | 8h | 1.5148 | +0.007% | $127K | $1.8M | 30x | |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5143 | −0.026% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5141 | −0.040% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDTlong | +0.0100% | 8h | 1.5147 | long leg | $54.1M | $32.2M | 50x | |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5153 | +0.038% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5139 | −0.055% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5144 | −0.023% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5152 | +0.030% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5149 | +0.013% | $5.7M | $48.4M | 50x | as long as short |
| Hyperliquid XRP | +0.0196% | 1h | 1.5154 | +0.046% | $289.2M | $264.5M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0207% | 1h | 1.5153 | +0.040% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0209% | 8h | 1.5162 | +0.099% | $1.8M | $35.4M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5142 | −0.032% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5141 | −0.040% | $23.3M | $77.6M | 125x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5146 | −0.009% | $517K | $792K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0579% | 1h | 1.5155 | +0.050% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
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
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Hyperliquid XRP
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD