Funding you earn now, next payment 09:00 UTC−0.0121%/8h= −13.3% APRpaid last 24h −0.033%
Price spread now: SunX against Reya+0.097%7-day average +0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.113%−$11 on $10k
+Price spread, last 4 days (all we have)−0.514%−$51 · spread now +0.097%, 7d avg +0.037%
=Together, before fees−0.627%+ Points / potential airdropReya: Active · farm board−$63 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.060% dearer against Reya than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of +0.037%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya XRPRUSDPERP | 1.5148 | 0.0221 | pay 0.0028% / 1h | 32m 17s | $1.3M | $4K | 15x |
| Short | SunX XRP-USDT | 1.5163 | 0.0100 | get 0.0100% / 8h | 7h 32m | $127K | $1.7M | 30x |
Reya XRPRUSDPERP
SunX XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Reya. 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
- −$25.42
- Price spread: +0.097% → +0.037%
- $6
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$33.42
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; SunX: live order book, 3 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 Reya no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 3 min ago | 19.60 bp | 25.0 bp −$25 | 31.9 bp −$319 | doesn't fit | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XRPUSD | −0.0172% | 1h | 1.5152 | +0.022% | $14.7M | $74.5M | 50x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5161 | +0.085% | $5K | $3K | 20x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.144% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5153 | +0.032% | $7.7M | $23.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5148 | 0.000% | $246K | — | 150x | as long as short |
| dYdX XRP-USD | +0.0011% | 1h | 1.5167 | +0.125% | $1.1M | $154K | 10x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.719% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0072% | 1h | 1.5197 | +0.322% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5148 | +0.002% | $2.8M | $14.6M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5154 | +0.038% | $618K | $3.1M | 20x | as long as short |
Kraken Futures PF_XRPUSD
Hotstuff XRP-PERP
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
dYdX XRP-USD
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5156 | +0.052% | $20K | $381K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5153 | +0.035% | $990K | $6.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5148 | −0.001% | $38.4M | $84.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5168 | +0.132% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5145 | −0.020% | $527.9M | $2.17B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5142 | −0.041% | $353.1M | $939.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5142 | −0.041% | $125.9M | $848.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5175 | +0.177% | $566K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5167 | +0.124% | $143K | $708K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5201 | +0.349% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5150 | +0.012% | $375.6M | $153.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5143 | −0.034% | $311.2M | $916.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5148 | −0.002% | $105.7M | $183.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5140 | −0.054% | $267.9M | $381.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5148 | −0.001% | — | $108.5M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5200 | +0.342% | $4.8M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5198 | +0.329% | $660K | $112.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5198 | +0.329% | $1.1M | $33.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5222 | +0.487% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5166 | +0.117% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5158 | +0.065% | $52K | $509K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5154 | +0.039% | $41K | $68K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5152 | +0.025% | $77K | $648K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5208 | +0.392% | $818K | $76K | 10x | as long as short |
| SunX XRP-USDTshort | +0.0100% | 8h | 1.5163 | +0.097% | $127K | $1.7M | 30x | |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5149 | +0.005% | $30K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5173 | +0.164% | $49.5M | $15.0M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5152 | +0.025% | $54.1M | $32.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5171 | +0.153% | $473K | $54K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5145 | −0.024% | $2.1M | $6.7M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5151 | +0.020% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0112% | 1h | 1.5158 | +0.065% | $8K | $2K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0119% / S −0.0084% | 1h | 1.5148 | −0.003% | $786K | — | 200x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5151 | +0.019% | $5.3M | $47.7M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0170% | 8h | 1.5169 | +0.137% | $1.7M | $33.2M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0182% | 1h | 1.5165 | +0.111% | $289.9M | $267.9M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0214% | 1h | 1.5176 | +0.184% | $2.0M | $1.3M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5170 | +0.144% | $23.7M | $77.5M | 125x | as long as short |
| Reya XRPRUSDPERPlong | +0.0221% | 1h | 1.5148 | long leg | $1.3M | $4K | 15x | |
| RISEx XRP/USDC | +0.0337% | 1h | 1.5163 | +0.101% | $519K | $788K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0558% | 1h | 1.5191 | +0.285% | $2K | $16K | 10x | as long as short |
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
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
GMX XRP/USD [ETH-USDC]
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD