XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against SunX+0.015%55s7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$610.615% of the position

Long on SunX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.108%+$11 on $10k

Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.015%, 7d avg −0.008%

Together, before fees+0.075%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.022% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.008%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XRP-USDT	1.5582	0.0100	pay 0.0100% / 8h	48m 16s	$130K	$1.8M	30x
Short	BloFin XRP-USDT	1.5584	0.0220	get 0.0220% / 8h	48m 16s	$24.4M	$74.5M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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 SunXbpFee BloFinbpOrdersPrice spread, now +0.015%Rate

Funding earned: $25.2
Price spread: +0.015% → −0.008%: $2.23
Slippage, 4 orders: −$41.45
Fee SunX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$34.02
Costs to cover: 0.615%
Break-even: 16.5 days

Slippage from SunX: live order book, 7 min ago; BloFin: live order book, 6 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 SunX live order book, 7 min ago	17.59 bp	21.6 bp −$22	24.3 bp −$243	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	0.64 bp	6.6 bp −$7	8.3 bp −$83	13.5 bp −$1,351	24.5 bp −$12.3K

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	1.5579	−0.017%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5595	+0.088%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5650	+0.438%	$70K	$90K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5576	−0.037%	$9.7M	$25.4M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5573	−0.055%	$261K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0005% / S +0.0106%	1h	1.5573	−0.053%	$856K	—	200x	as long as short
Kraken Futures PF_XRPUSD	+0.0031%	1h	1.5575	−0.042%	$15.6M	$68.7M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0056%	8h	1.5574	−0.049%	$77K	$909K	50x	as long as short
Injective XRP/USDC PERP	+0.0089%	1h	1.5560	−0.139%	$2K	$107K	30x	as long as short
Lighter XRP	+0.0096%	1h	1.5575	−0.041%	$3.0M	$12.5M	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	1.5576	−0.037%	$444K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5591	+0.056%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5576	−0.037%	$39.5M	$79.8M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5594	+0.078%	$642K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5575	−0.046%	$557.7M	$2.01B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5575	−0.043%	$346.6M	$912.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5575	−0.043%	$127.2M	$889.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5650	+0.438%	$582K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5595	+0.085%	$117K	$752K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5633	+0.330%	$1.7M	$573K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5572	−0.062%	$372.2M	$143.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5576	−0.037%	$301.7M	$865.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5574	−0.049%	$113.4M	$162.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5574	−0.049%	$272.4M	$369.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5575	−0.043%	—	$120.3M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5634	+0.333%	$11.7M	$30.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5649	+0.431%	$681K	$103.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5635	+0.339%	$1.1M	$40.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5640	+0.374%	$1.0M	$887K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5591	+0.060%	$49K	$453K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5577	−0.030%	$42K	$67K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5576	−0.038%	$838K	$81K	10x	as long as short
SunX XRP-USDTlong	+0.0100%	8h	1.5582	long leg	$130K	$1.8M	30x
SoDEX XRP-USD	+0.0100%	1h	1.5574	−0.049%	$30K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5574	−0.053%	$51.1M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5575	−0.043%	$55.4M	$29.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5591	+0.057%	$486K	$54K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5588	+0.041%	—	$10K	10x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5596	+0.092%	$13K	$266K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5571	−0.071%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5576	−0.037%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5597	+0.098%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5586	+0.025%	$1.4M	$8K	15x	as long as short
BloFin XRP-USDTshort	+0.0220%	8h	1.5584	+0.015%	$24.4M	$74.5M	125x
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5583	+0.008%	$5.9M	$47.7M	50x	as long as short
Hibachi XRP/USDT-P	+0.0272%	1h	1.5588	+0.037%	$18K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0319%	8h	1.5599	+0.111%	$2.0M	$33.7M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0383%	1h	1.5583	+0.008%	$1.7M	$1.0M	25x	as long as short
Hyperliquid XRP	+0.0596%	1h	1.5595	+0.085%	$297.2M	$208.6M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5604	+0.144%	$509K	$632K	10x	as long as short
Aftermath Perps XRPUSD	+0.0827%	1h	1.5614	+0.207%	$1K	$11K	10x	as long as short