Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against BingX−0.126%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$290.286% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)−0.294%−$29 · spread now −0.126%, 7d avg +0.010%
=Funding pays, the price is against you. BloFin is 0.135% cheaper against BingX than usual: you would sell low and buy high (spread −0.126% now, against its 7-day average of +0.010%). If the spread goes back, that is −$14 on $10k: about 3.8 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XRP-USDT | 1.5130 | 0.0100 | pay 0.0100% / 8h | 4h 46m | — | $126.5M | — |
| Short | BloFin XRP-USDT | 1.5111 | 0.0220 | get 0.0220% / 8h | 4h 46m | $24.2M | $75.8M | 125x |
BingX XRP-USDT
BloFin XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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: −0.126% → +0.010%
- −$13.54
- Slippage, 4 orders
- −$6.61
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$16.95
- Costs to cover
- 0.286%
- Break-even
- 11.7 days
Slippage from BingX: live order book, 7 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 BingX live order book, 7 min ago | 0.99 bp | 6.0 bp −$6 | 6.0 bp −$60 | 7.1 bp −$713 | 14.0 bp −$6,979 |
| Sell BloFin live order book, 2 min ago | 2.32 bp | 8.3 bp −$8 | 9.1 bp −$91 | 13.4 bp −$1,340 | 23.9 bp −$12.0K |
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 | 1.5106 | −0.159% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5110 | −0.135% | $14.2M | $73.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5125 | −0.032% | $1.1M | $114K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5120 | −0.066% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5113 | −0.112% | $7.7M | $25.6M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5116 | −0.091% | $253K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.842% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0038% / S +0.0032% | 1h | 1.5119 | −0.073% | $787K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0048% | 1h | 1.5137 | +0.046% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0079% | 8h | 1.5114 | −0.106% | $62K | $935K | 50x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Orderly PERP_XRP_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5125 | −0.030% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5136 | +0.040% | $509K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0097% | 8h | 1.5118 | −0.079% | $10K | $318K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5118 | −0.076% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5126 | −0.026% | $280.8M | $224.8M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5124 | −0.040% | $38.3M | $83.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5133 | +0.018% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5134 | +0.026% | $533.1M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5131 | +0.007% | $344.4M | $931.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5131 | +0.007% | $125.5M | $873.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5108 | −0.145% | $562K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5114 | −0.106% | $113K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5164 | +0.227% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5129 | −0.007% | $369.1M | $152.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5131 | +0.007% | $296.9M | $895.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5118 | −0.081% | $107.8M | $173.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5127 | −0.020% | $267.4M | $383.4M | 125x | as long as short |
| BingX XRP-USDTlong | +0.0100% | 8h | 1.5130 | long leg | — | $126.5M | — | |
| Variational Omni XRP | +0.0100% | 8h | 1.5129 | −0.008% | $5.4M | $37.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5107 | −0.152% | $656K | $108.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5112 | −0.120% | $1.1M | $35.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5111 | −0.126% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5117 | −0.086% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5130 | 0.000% | $42K | $452K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5120 | −0.064% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5115 | −0.100% | $813K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5123 | −0.050% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5112 | −0.119% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5117 | −0.087% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5120 | −0.066% | $54.0M | $30.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5131 | +0.009% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5125 | −0.036% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5108 | −0.145% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0149% | 1h | 1.5131 | +0.007% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0152% | 1h | 1.5109 | −0.139% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5119 | −0.073% | $5.6M | $47.0M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5116 | −0.091% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDTshort | +0.0220% | 8h | 1.5111 | −0.126% | $24.2M | $75.8M | 125x | |
| Kalshi KXXRPPERP | +0.0321% | 8h | 1.5120 | −0.066% | $2.1M | $34.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5131 | +0.006% | $515K | $780K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0678% | 1h | 1.5133 | +0.018% | $2K | $15K | 10x | as long as short |
Lighter XRP
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
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD