Funding you earn now, next payment 08:00 UTC−0.0294%/8h= −32.2% APRpaid last 24h −0.116%
Price spread now: SunX against RISEx−0.097%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$590.593% of the position
Funding, last 4 days (all we have)−0.337%−$34 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.097%, 7d avg −0.027%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and SunX is 0.071% cheaper against RISEx than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XRP/USDC | 1.5176 | 0.0394 | pay 0.0049% / 1h | 33m 27s | $521K | $807K | 10x |
| Short | SunX XRP-USDT | 1.5162 | 0.0100 | get 0.0100% / 8h | 33m 27s | $127K | $1.8M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against RISEx. 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
- −$61.81
- Price spread: −0.097% → −0.027%
- −$7.06
- Slippage, 4 orders
- −$45.3
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$128.17
- Costs to cover
- 0.593%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 5 min ago; SunX: live order book, 12 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 RISEx live order book, 5 min ago | 2.90 bp | 5.9 bp −$6 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell SunX live order book, 12 min ago | 17.60 bp | 25.9 bp −$26 | 32.7 bp −$327 | 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 | 1.5172 | −0.029% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5173 | −0.021% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5167 | −0.063% | $245K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5165 | −0.075% | $7.8M | $24.1M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.527% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5160 | −0.106% | $14.6M | $73.9M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5178 | +0.010% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5178 | +0.010% | $604K | $3.2M | 20x | as long as short |
| 01 Exchange XRPUSD | +0.0096% | 1h | 1.5178 | +0.010% | $8K | $2K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5165 | −0.075% | $20K | $383K | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5170 | −0.039% | $1.0M | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5173 | −0.023% | $38.4M | $86.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5178 | +0.009% | $612K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5170 | −0.044% | $530.8M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5165 | −0.075% | $349.5M | $956.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5167 | −0.062% | $127.9M | $868.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5179 | +0.017% | $564K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5178 | +0.010% | $143K | $716K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5190 | +0.089% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5172 | −0.029% | $377.8M | $161.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5173 | −0.023% | $309.3M | $924.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5175 | −0.012% | $106.3M | $184.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5165 | −0.075% | $268.0M | $390.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5171 | −0.036% | — | $107.6M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5150 | −0.177% | $4.9M | $38.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5179 | +0.017% | $659K | $113.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5145 | −0.207% | $1.1M | $34.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5139 | −0.247% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5169 | −0.049% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5168 | −0.056% | $52K | $513K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5169 | −0.049% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5161 | −0.102% | $77K | $688K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5140 | −0.240% | $814K | $74K | 10x | as long as short |
| SunX XRP-USDTshort | +0.0100% | 8h | 1.5162 | −0.097% | $127K | $1.8M | 30x | |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5160 | −0.108% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5168 | −0.057% | $49.5M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5157 | −0.128% | $54.1M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5177 | +0.004% | $473K | $55K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0102% / S −0.0062% | 1h | 1.5155 | −0.142% | $783K | — | 200x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5166 | −0.069% | $2.1M | $6.9M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0104% | 1h | 1.5168 | −0.055% | $17K | $78K | 7x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5156 | −0.131% | $58K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0125% | 1h | 1.5188 | +0.076% | $289.8M | $268.0M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0144% | 1h | 1.5167 | −0.062% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5158 | −0.122% | $5.6M | $48.2M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0188% | 8h | 1.5169 | −0.049% | $1.8M | $34.4M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5164 | −0.083% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5143 | −0.220% | $23.6M | $77.6M | 125x | as long as short |
| RISEx XRP/USDClong | +0.0394% | 1h | 1.5176 | long leg | $521K | $807K | 10x | |
| Phoenix XRP | +0.0526% | 1h | 1.5150 | −0.174% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0647% | 1h | 1.5188 | +0.079% | $2K | $16K | 10x | as long as short |
RISEx XRP/USDC
SunX XRP-USDT
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
Lighter RH XRP
01 Exchange XRPUSD
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
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
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
GMX XRP/USD [ETH-USDC]
Extended XRP-USD
Hyperliquid XRP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
BloFin XRP-USDT
Phoenix XRP
Aftermath Perps XRPUSD