Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against SunX+0.176%7-day average +0.010% · 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−$39as in the Price arb table
costs, in and out, $10k−$560.559% of the position
Funding, last 4 days (all we have)−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.176%, 7d avg +0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.166% dearer against SunX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XRP-USDT | 1.5138 | 0.0100 | pay 0.0100% / 8h | 4h 50m | $127K | $1.8M | 30x |
| Short | Bulk XRP-USD | 1.5164 | 0.0100 | get 0.0013% / 1h | 50m 52s | $1.6M | $49K | 20x |
SunX XRP-USDT
Bulk XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against SunX. 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: +0.176% → +0.010%
- $16.59
- Slippage, 4 orders
- −$40.95
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$39.36
- Costs to cover
- 0.559%
- Break-even
- never at this rate
Slippage from SunX: live order book, 5 min ago; Bulk: live order book, 3 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, 5 min ago | 12.99 bp | 25.5 bp −$26 | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 3 min ago | 0.33 bp | 3.8 bp −$4 | 4.8 bp −$48 | 12.6 bp −$1,258 | 27.5 bp −$13.8K |
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 | 1.5140 | +0.015% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5135 | −0.016% | $14.3M | $73.5M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5133 | −0.033% | $1.1M | $114K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.213% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5134 | −0.024% | $253K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5140 | +0.015% | $7.7M | $25.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.790% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0037% / S +0.0033% | 1h | 1.5136 | −0.011% | $787K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0048% | 1h | 1.5136 | −0.011% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0078% | 8h | 1.5136 | −0.011% | $62K | $935K | 50x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Orderly PERP_XRP_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5139 | +0.012% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5140 | +0.015% | $510K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5126 | −0.077% | $9K | $316K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5133 | −0.028% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5148 | +0.071% | $281.4M | $224.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5141 | +0.025% | $38.3M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5136 | −0.014% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5156 | +0.121% | $533.9M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5153 | +0.101% | $345.1M | $930.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5157 | +0.127% | $125.8M | $873.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5144 | +0.042% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5135 | −0.018% | $113K | $717K | 20x | as long as short |
| Bulk XRP-USDshort | +0.0100% | 1h | 1.5164 | +0.176% | $1.6M | $49K | 20x | |
| Gate XRP_USDT | +0.0100% | 8h | 1.5140 | +0.015% | $369.8M | $152.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5155 | +0.114% | $296.2M | $893.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5154 | +0.107% | $108.3M | $172.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5154 | +0.108% | $267.9M | $382.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5148 | +0.068% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5129 | −0.058% | $5.4M | $37.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5155 | +0.117% | $658K | $108.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5162 | +0.161% | $1.1M | $35.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5157 | +0.127% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5140 | +0.014% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5136 | −0.011% | $42K | $451K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5137 | −0.005% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5136 | −0.009% | $814K | $72K | 10x | as long as short |
| SunX XRP-USDTlong | +0.0100% | 8h | 1.5138 | long leg | $127K | $1.8M | 30x | |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5137 | −0.005% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5131 | −0.042% | $49.5M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5138 | +0.002% | $53.9M | $30.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5131 | −0.041% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5151 | +0.091% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5134 | −0.021% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0155% | 1h | 1.5150 | +0.081% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5160 | +0.151% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5141 | +0.022% | $5.6M | $47.0M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5134 | −0.023% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5138 | +0.002% | $24.2M | $75.8M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0325% | 8h | 1.5138 | +0.002% | $2.1M | $34.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5137 | −0.003% | $515K | $780K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0675% | 1h | 1.5155 | +0.113% | $2K | $14K | 10x | as long as short |
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD