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Funding arb · Price arb /

XRP

all XRP markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: SunX against Orderly+0.049%7-day average +0.030% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on OrderlyShort on SunX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.116%+$12 on $10k
Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.049%, 7d avg +0.030%
Together, before fees+0.078%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XRP_USDC1.52390.0100pay 0.0100% / 8h1h 15m$76K$685K50x
ShortSunX XRP-USDT1.52470.0100get 0.0100% / 8h1h 15m$128K$1.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Orderly. 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

Funding earned
$0
Price spread: +0.049% → +0.030%
$1.95
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$12.05
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample—————
Sell SunX live order book, 10 min ago13.98 bp23.8 bp −$2430.6 bp −$306doesn't fitdoesn't fit
Orderly: 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 50 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5243+0.026%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5233−0.039%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5260+0.138%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5244+0.033%$247K—150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0012%1h1.5244+0.033%$7.9M$24.8M50xas long as short
Kraken Futures PF_XRPUSD+0.0024%1h1.5238−0.007%$14.5M$75.0M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.106%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0089% / S −0.0042%1h1.5239−0.003%$786K—200xas long as short
Lighter XRP+0.0096%1h1.5235−0.027%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5235−0.026%$548K$3.2M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5221−0.118%$11K$372K20xas long as short
Nado XRP-PERP+0.0100%1h1.5232−0.043%$994K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5226−0.085%$38.6M$87.9M100xas long as short
Pacifica XRP+0.0100%1h1.5235−0.026%$619K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5224−0.096%$534.6M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5221−0.118%$349.2M$965.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5225−0.092%$128.0M$884.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.52390.000%$567K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5231−0.052%$145K$716K20xas long as short
Gate XRP_USDT+0.0100%8h1.5229−0.066%$378.0M$161.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5233−0.039%$311.6M$931.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5234−0.031%$107.9M$182.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5222−0.112%$269.2M$396.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5230−0.059%—$105.8M—as long as short
Variational Omni XRP+0.0100%8h1.5233−0.040%$4.8M$38.5M—as long as short
edgeX XRPUSDC+0.0100%4h1.5248+0.060%$664K$114.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5240+0.004%$1.1M$36.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5258+0.125%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5245+0.040%—$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5241+0.013%$65K$508K20xas long as short
Bullet XRP-USD+0.0100%1h1.5241+0.010%$41K$71K20xas long as short
Orderly PERP_XRP_USDClong+0.0100%8h1.5239long leg$76K$685K50x
SunX XRP-USDTshort+0.0100%8h1.5247+0.049%$128K$1.8M30x
SoDEX XRP-USD+0.0100%1h1.5241+0.013%$30K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5238−0.008%$49.8M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5242+0.020%$54.6M$32.5M50xas long as short
Bulk XRP-USD+0.0100%1h1.5206−0.217%$1.6M$5K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5240+0.003%$475K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5220−0.124%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5240+0.007%$59K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5228−0.072%$9K$2K10xas long as short
Hibachi XRP/USDT-P+0.0136%1h1.5247+0.050%$17K$79K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5247+0.052%$5.7M$48.5M50xas long as short
Backpack XRP_USDC_PERP+0.0188%1h1.5247+0.052%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0215%1h1.5248+0.059%$290.7M$265.6M20xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5249+0.065%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5245+0.039%$23.7M$78.4M125xas long as short
Kalshi KXXRPPERP+0.0225%8h1.5245+0.039%$1.8M$35.2M2.9xas long as short
RISEx XRP/USDC+0.0316%1h1.5243+0.028%$529K$806K10xas long as short
Aftermath Perps XRPUSD+0.0657%1h1.5232−0.045%$2K$16K10xas long as short