Funding you earn now, next payment 06:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against ApeX Omni−0.178%103s7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$260.262% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)+0.321%+$32 · spread now −0.178%, 7d avg −0.023%
=Funding pays, the price is against you. BloFin is 0.155% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.178% now, against its 7-day average of −0.023%). If the spread goes back, that is −$15 on $10k: about 4.3 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.116% in total) that is about 9.4 days. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XRPUSDT | 1.5165 | 0.0100 | pay 0.0013% / 1h | 57m 22s | $1.2M | $1.1M | 50x |
| Short | BloFin XRP-USDT | 1.5138 | 0.0220 | get 0.0220% / 8h | 1h 57m | $23.3M | $77.5M | 125x |
ApeX Omni XRPUSDT
BloFin XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against ApeX Omni. 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: −0.178% → −0.023%
- −$15.49
- Slippage, 4 orders
- −$4.15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$16.45
- Costs to cover
- 0.262%
- Break-even
- 11.6 days
Slippage from ApeX Omni: live order book, 2 min ago; BloFin: live order book, 7 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 ApeX Omni live order book, 2 min ago | 1.32 bp | 6.5 bp −$7 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 0.66 bp | 6.7 bp −$7 | 6.7 bp −$67 | 8.5 bp −$853 | 17.6 bp −$8,809 |
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 | 1.5158 | −0.046% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5162 | −0.020% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5160 | −0.033% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5150 | −0.096% | $245K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5153 | −0.076% | $14.5M | $75.0M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.605% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0077% / S −0.0022% | 1h | 1.5151 | −0.095% | $799K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5160 | −0.033% | $7.7M | $25.3M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5152 | −0.086% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5167 | +0.011% | $2.8M | $15.0M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
01 Exchange XRPUSD
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 | 1.5165 | 0.000% | $549K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5144 | −0.138% | $11K | $363K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5151 | −0.089% | $997K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5152 | −0.083% | $38.4M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5168 | +0.022% | $603K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5154 | −0.073% | $527.2M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5152 | −0.086% | $344.4M | $967.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5145 | −0.132% | $126.8M | $890.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5154 | −0.073% | $564K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5156 | −0.059% | $143K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5166 | +0.007% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5153 | −0.079% | $374.8M | $157.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5155 | −0.066% | $299.4M | $915.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5155 | −0.069% | $107.4M | $182.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5141 | −0.158% | $266.3M | $399.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5152 | −0.086% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5155 | −0.068% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5133 | −0.214% | $659K | $114.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5156 | −0.061% | $1.1M | $36.4M | 20x | as long as short |
| ApeX Omni XRPUSDTlong | +0.0100% | 1h | 1.5165 | long leg | $1.2M | $1.1M | 50x | |
| Vest XRP-PERP | +0.0100% | 1h | 1.5158 | −0.045% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5156 | −0.059% | $46K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5152 | −0.086% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5144 | −0.138% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5159 | −0.043% | $816K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5162 | −0.019% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5157 | −0.053% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5155 | −0.068% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5161 | −0.026% | $54.1M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5173 | +0.053% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5144 | −0.138% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5144 | −0.142% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0176% | 1h | 1.5137 | −0.186% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5161 | −0.026% | $5.7M | $48.4M | 50x | as long as short |
| Hyperliquid XRP | +0.0196% | 1h | 1.5167 | +0.013% | $289.4M | $264.5M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0209% | 8h | 1.5168 | +0.020% | $1.7M | $35.4M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5151 | −0.091% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDTshort | +0.0220% | 8h | 1.5138 | −0.178% | $23.3M | $77.5M | 125x | |
| Backpack XRP_USDC_PERP | +0.0235% | 1h | 1.5167 | +0.013% | $2.0M | $1.4M | 25x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5153 | −0.079% | $517K | $792K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0579% | 1h | 1.5155 | −0.069% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
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
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Hyperliquid XRP
Kalshi KXXRPPERP
Reya XRPRUSDPERP
Backpack XRP_USDC_PERP
RISEx XRP/USDC
Aftermath Perps XRPUSD