XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against Binance+0.035%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$230.233% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.220%+$22 on $10k

Price spread, last 4 days (all we have)−0.434%−$43 · spread now +0.035%, 7d avg +0.003%

Together, before fees−0.214%−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.032% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XRPUSDT	1.5228	0.0100	pay 0.0100% / 8h	7h 50m	$530.8M	$2.21B	100x
Short	BloFin XRP-USDT	1.5233	0.0220	get 0.0220% / 8h	7h 50m	$23.7M	$78.0M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BloFinbpOrdersPrice spread, now +0.035%Rate

Funding earned: $25.2
Price spread: +0.035% → +0.003%: $3.17
Slippage, 4 orders: −$1.32
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $5.05
Costs to cover: 0.233%
Break-even: 5.6 days

Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 3 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 Binance live order book, 8 min ago	0.33 bp	5.3 bp −$5	6.5 bp −$65	13.2 bp −$1,321	27.5 bp −$13.8K
Sell BloFin live order book, 3 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	1.5238	+0.066%	$14.8M	$76.0M	50x	as long as short
Phemex XRPUSDT	−0.0116%	8h	1.5229	+0.008%	$54.4M	$32.6M	50x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5228	+0.002%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5226	−0.010%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5200	−0.182%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5233	+0.032%	$247K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0013%	1h	1.5237	+0.061%	$7.7M	$23.9M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.182%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0064%	1h	1.5220	−0.049%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5230	+0.015%	$2.8M	$14.5M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5235	+0.048%	$608K	$3.1M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5229	+0.008%	$20K	$382K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5229	+0.012%	$999K	$6.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5228	+0.004%	$38.6M	$85.7M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5218	−0.061%	$612K	$1.1M	20x	as long as short
Binance XRPUSDTlong	+0.0100%	8h	1.5228	long leg	$530.8M	$2.21B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5223	−0.031%	$353.3M	$946.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5225	−0.018%	$127.1M	$861.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5207	−0.136%	$566K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5242	+0.094%	$144K	$715K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5190	−0.251%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5230	+0.015%	$379.7M	$151.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5232	+0.028%	$314.4M	$912.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5230	+0.016%	$106.7M	$183.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5228	+0.002%	$270.1M	$386.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5229	+0.008%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5226	−0.011%	$4.8M	$38.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5214	−0.089%	$661K	$112.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5218	−0.064%	$1.1M	$33.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5223	−0.031%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5237	+0.061%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5239	+0.074%	$52K	$514K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5234	+0.041%	$41K	$68K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5234	+0.041%	$78K	$689K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5206	−0.140%	$818K	$77K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5240	+0.083%	$128K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5234	+0.041%	$28K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5236	+0.056%	$49.7M	$15.2M	75x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5222	−0.035%	$475K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5223	−0.033%	$2.1M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5232	+0.027%	$58K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0114% / S −0.0077%	1h	1.5232	+0.025%	$789K	—	200x	as long as short
01 Exchange XRPUSD	+0.0144%	1h	1.5241	+0.087%	$9K	$2K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0160%	1h	1.5239	+0.074%	$5.6M	$48.1M	50x	as long as short
Kalshi KXXRPPERP	+0.0169%	8h	1.5229	+0.008%	$1.7M	$33.5M	2.9x	as long as short
Hyperliquid XRP	+0.0219%	1h	1.5243	+0.100%	$291.1M	$267.7M	20x	as long as short
BloFin XRP-USDTshort	+0.0220%	8h	1.5233	+0.035%	$23.7M	$78.0M	125x
Reya XRPRUSDPERP	+0.0221%	1h	1.5234	+0.043%	$1.3M	$4K	15x	as long as short
Backpack XRP_USDC_PERP	+0.0275%	1h	1.5241	+0.087%	$2.0M	$1.4M	25x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5239	+0.074%	$523K	$796K	10x	as long as short
Aftermath Perps XRPUSD	+0.0538%	1h	1.5205	−0.152%	$2K	$16K	10x	as long as short