Funding you earn now, next payment 09:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against Arcus−0.046%7-day average +0.006% · 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−$28as in the Price arb table
costs, in and out, $10k−$230.226% of the position
Funding, last 4 days (all we have)+0.114%+$11 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.046%, 7d avg +0.006%
=Funding pays, the price is against you. BloFin is 0.051% cheaper against Arcus than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.006%). If the spread goes back, that is −$5 on $10k: about 34 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus XRP-USD | 1.5225 | 0.0100 | pay 0.0013% / 1h | 51m 48s | $144K | $715K | 20x |
| Short | BloFin XRP-USDT | 1.5218 | 0.0220 | get 0.0220% / 8h | 7h 51m | $23.9M | $77.9M | 125x |
Arcus XRP-USD
BloFin XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Arcus. 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: −0.046% → +0.006%
- −$5.15
- Slippage, 4 orders
- −$6.11
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$2.56
- Costs to cover
- 0.226%
- Break-even
- 7.7 days
Slippage from Arcus: live order book, 47 min ago; BloFin: live order book, 2 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 Arcus live order book, 47 min ago | 0.99 bp | 5.1 bp −$5 | 8.0 bp −$80 | 29.3 bp −$2,927 | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.33 bp | 6.3 bp −$6 | 6.7 bp −$67 | 11.8 bp −$1,183 | 28.2 bp −$14.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XRPUSD | −0.0171% | 1h | 1.5208 | −0.115% | $14.8M | $76.0M | 50x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5206 | −0.125% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5217 | −0.052% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5200 | −0.164% | $68K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5209 | −0.105% | $7.7M | $23.9M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5204 | −0.141% | $247K | — | 150x | as long as short |
| Phemex XRPUSDT | +0.0010% | 8h | 1.5207 | −0.118% | $54.3M | $32.6M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.200% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0064% | 1h | 1.5220 | −0.031% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5207 | −0.116% | $2.8M | $14.5M | 20x | as long as short |
Kraken Futures PF_XRPUSD
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Phemex XRPUSDT
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
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 | 1.5210 | −0.099% | $607K | $3.1M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5217 | −0.053% | $20K | $382K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5221 | −0.023% | $999K | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5210 | −0.100% | $38.6M | $85.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5215 | −0.065% | $612K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5211 | −0.092% | $530.6M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5210 | −0.099% | $353.1M | $947.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5212 | −0.085% | $126.9M | $861.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5203 | −0.144% | $565K | $33K | 5x | as long as short |
| Arcus XRP-USDlong | +0.0100% | 1h | 1.5225 | long leg | $144K | $715K | 20x | |
| Bulk XRP-USD | +0.0100% | 1h | 1.5190 | −0.233% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5209 | −0.105% | $379.3M | $151.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5210 | −0.099% | $312.8M | $911.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5209 | −0.108% | $106.6M | $183.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5217 | −0.053% | $269.9M | $387.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5204 | −0.138% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5181 | −0.289% | $4.8M | $38.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5166 | −0.385% | $660K | $112.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5217 | −0.054% | $1.1M | $33.6M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5166 | −0.388% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5225 | −0.001% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5223 | −0.013% | $52K | $514K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5217 | −0.053% | $41K | $68K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5213 | −0.079% | $78K | $689K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5206 | −0.122% | $818K | $77K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5225 | +0.003% | $128K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5205 | −0.131% | $28K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5213 | −0.080% | $49.7M | $15.2M | 75x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5217 | −0.052% | $474K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5206 | −0.127% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5209 | −0.107% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0113% / S −0.0077% | 1h | 1.5213 | −0.079% | $789K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0128% | 1h | 1.5229 | +0.026% | $9K | $2K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5213 | −0.079% | $5.6M | $48.0M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0168% | 8h | 1.5220 | −0.033% | $1.7M | $33.5M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0205% | 1h | 1.5226 | +0.007% | $290.8M | $267.7M | 20x | as long as short |
| BloFin XRP-USDTshort | +0.0220% | 8h | 1.5218 | −0.046% | $23.9M | $77.9M | 125x | |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5217 | −0.051% | $1.3M | $4K | 15x | as long as short |
| Backpack XRP_USDC_PERP | +0.0274% | 1h | 1.5223 | −0.013% | $2.0M | $1.4M | 25x | as long as short |
| RISEx XRP/USDC | +0.0337% | 1h | 1.5227 | +0.014% | $522K | $796K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0541% | 1h | 1.5198 | −0.177% | $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
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
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
Reya XRPRUSDPERP
Backpack XRP_USDC_PERP
RISEx XRP/USDC
Aftermath Perps XRPUSD