Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Derive against SunX−0.066%7-day average −0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.066%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.047% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XRP-USDT | 1.5156 | 0.0100 | pay 0.0100% / 8h | 4h 14m | $127K | $1.8M | 30x |
| Short | Derive XRP-PERP | 1.5146 | 0.0100 | get 0.0013% / 1h | 14m 39s | $815K | $72K | 10x |
SunX XRP-USDT
Derive XRP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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: −0.066% → −0.019%
- −$4.74
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$18.74
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 11 min ago; Derive: no order-book sample. 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 SunX live order book, 11 min ago | 15.30 bp | 19.3 bp −$19 | 22.0 bp −$220 | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5135 | −0.141% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5142 | −0.095% | $14.3M | $73.8M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5134 | −0.146% | $1.1M | $111K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5150 | −0.042% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5142 | −0.094% | $253K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5148 | −0.055% | $7.7M | $25.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.664% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0044% / S +0.0023% | 1h | 1.5142 | −0.095% | $789K | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0088% | 8h | 1.5146 | −0.068% | $62K | $934K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5137 | −0.129% | $2.8M | $14.6M | 20x | 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]
Orderly PERP_XRP_USDC
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5139 | −0.114% | $498K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5131 | −0.167% | $11K | $329K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5147 | −0.065% | $1.1M | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5148 | −0.055% | $280.3M | $227.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5132 | −0.157% | $38.3M | $83.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5136 | −0.134% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5133 | −0.151% | $533.8M | $2.12B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5134 | −0.147% | $346.6M | $934.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5135 | −0.141% | $126.1M | $873.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5132 | −0.160% | $564K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5134 | −0.147% | $110K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5130 | −0.171% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5131 | −0.167% | $368.9M | $154.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5133 | −0.154% | $291.7M | $902.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5137 | −0.127% | $107.9M | $174.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5131 | −0.167% | $267.7M | $384.8M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5134 | −0.147% | — | $127.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5137 | −0.128% | $5.2M | $37.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5145 | −0.072% | $659K | $108.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5149 | −0.048% | $1.1M | $36.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5156 | −0.002% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5146 | −0.070% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5152 | −0.028% | $44K | $454K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5143 | −0.087% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERPshort | +0.0100% | 1h | 1.5146 | −0.066% | $815K | $72K | 10x | |
| SunX XRP-USDTlong | +0.0100% | 8h | 1.5156 | long leg | $127K | $1.8M | 30x | |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5144 | −0.081% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5140 | −0.110% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5144 | −0.081% | $54.0M | $30.9M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5133 | −0.152% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5128 | −0.184% | $2.0M | $6.8M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5156 | −0.002% | $8K | $8K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5144 | −0.079% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0182% | 1h | 1.5151 | −0.035% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5151 | −0.035% | $5.6M | $47.0M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0208% | 1h | 1.5135 | −0.143% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5141 | −0.100% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5143 | −0.088% | $24.2M | $76.0M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0315% | 8h | 1.5152 | −0.028% | $2.1M | $34.6M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5136 | −0.134% | $515K | $773K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0669% | 1h | 1.5157 | +0.007% | $2K | $15K | 10x | as long as short |
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
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
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD