Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: SunX against BloFin−0.049%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$620.617% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.049%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SunX is 0.064% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XRP-USDT | 1.5172 | 0.0220 | pay 0.0220% / 8h | 2m 20s | $23.6M | $77.7M | 125x |
| Short | SunX XRP-USDT | 1.5165 | 0.0100 | get 0.0100% / 8h | 2m 20s | $127K | $1.8M | 30x |
BloFin XRP-USDT
SunX XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against BloFin. 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
- −$25.2
- Price spread: −0.049% → +0.015%
- −$6.36
- Slippage, 4 orders
- −$41.74
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$93.3
- Costs to cover
- 0.617%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; SunX: 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 BloFin live order book, 7 min ago | 0.99 bp | 7.0 bp −$7 | 8.1 bp −$81 | 13.0 bp −$1,305 | 25.6 bp −$12.8K |
| Sell SunX live order book, 3 min ago | 16.62 bp | 25.0 bp −$25 | 33.1 bp −$331 | 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 | 1.5178 | +0.040% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5175 | +0.023% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5164 | −0.053% | $246K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5174 | +0.013% | $7.7M | $24.0M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.557% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5166 | −0.037% | $14.6M | $73.7M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0080% | 1h | 1.5166 | −0.040% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5176 | +0.027% | $2.8M | $15.2M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5180 | +0.053% | $605K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5169 | −0.020% | $20K | $383K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Hibachi XRP/USDT-P
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5174 | +0.016% | $1.0M | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5173 | +0.006% | $38.5M | $86.0M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5178 | +0.040% | $611K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5167 | −0.032% | $529.5M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5164 | −0.053% | $349.9M | $947.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5167 | −0.033% | $127.4M | $862.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5172 | 0.000% | $565K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5182 | +0.066% | $144K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5189 | +0.112% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5170 | −0.013% | $377.6M | $163.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5168 | −0.026% | $309.7M | $931.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5176 | +0.025% | $106.7M | $183.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5165 | −0.046% | $268.9M | $388.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5165 | −0.046% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5165 | −0.043% | $4.8M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5174 | +0.013% | $659K | $113.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5174 | +0.013% | $1.1M | $33.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5182 | +0.066% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5179 | +0.045% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5176 | +0.026% | $52K | $514K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5165 | −0.044% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5169 | −0.020% | $77K | $689K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5185 | +0.083% | $817K | $77K | 10x | as long as short |
| SunX XRP-USDTshort | +0.0100% | 8h | 1.5165 | −0.049% | $127K | $1.8M | 30x | |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5168 | −0.026% | $28K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5169 | −0.022% | $49.5M | $15.3M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5170 | −0.013% | $54.1M | $32.6M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5181 | +0.061% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5171 | −0.008% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5181 | +0.059% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5168 | −0.028% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0110% / S −0.0073% | 1h | 1.5164 | −0.052% | $783K | — | 200x | as long as short |
| Hyperliquid XRP | +0.0145% | 1h | 1.5187 | +0.099% | $289.9M | $268.2M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0163% | 8h | 1.5169 | −0.020% | $1.8M | $33.6M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5174 | +0.013% | $5.6M | $47.9M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0181% | 1h | 1.5184 | +0.079% | $2.0M | $1.4M | 25x | as long as short |
| BloFin XRP-USDTlong | +0.0220% | 8h | 1.5172 | long leg | $23.6M | $77.7M | 125x | |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5157 | −0.101% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5180 | +0.052% | $521K | $798K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5190 | +0.119% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0573% | 1h | 1.5179 | +0.045% | $2K | $16K | 10x | as long as short |
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-USDC
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
01 Exchange XRPUSD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Hyperliquid XRP
Kalshi KXXRPPERP
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Reya XRPRUSDPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD