Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.020%
Price spread now: Injective against BingX−0.797%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1021.019% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Injective is 0.797% cheaper against BingX than usual: you would sell low and buy high (−$80 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.116%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XRP-USDT | 1.5685 | 0.0100 | pay 0.0100% / 8h | 52m 40s | — | $120.1M | — |
| Short | Injective XRP/USDC PERP | 1.5560 | 0.0089 | get 0.0011% / 1h | 52m 40s | $2K | $107K | 30x |
BingX XRP-USDT
Injective XRP/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$2.27
- Price spread: −0.797% → 0.000%
- −$79.69
- Slippage, 4 orders
- −$91.9
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$183.89
- Costs to cover
- 1.019%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Injective: live order book, 26 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, 11 min ago | 0.96 bp | 6.0 bp −$6 | 6.0 bp −$60 | 7.5 bp −$753 | 13.8 bp −$6,883 |
| Sell Injective live order book, 26 min ago | 44.99 bp | 45.0 bp −$45 | 57.7 bp −$577 | doesn't fit | doesn't fit |
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 | 1.5671 | −0.089% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5663 | −0.137% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5600 | −0.542% | $69K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5684 | −0.006% | $262K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0004% / S +0.0108% | 1h | 1.5684 | −0.008% | $863K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0005% | 1h | 1.5693 | +0.051% | $9.8M | $25.5M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0031% | 1h | 1.5693 | +0.050% | $15.8M | $68.8M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0056% | 8h | 1.5687 | +0.013% | $77K | $909K | 50x | as long as short |
| ApeX Omni XRPUSDT | +0.0081% | 1h | 1.5590 | −0.606% | $1.0M | $886K | 50x | as long as short |
| Injective XRP/USDC PERPshort | +0.0089% | 1h | 1.5560 | −0.797% | $2K | $107K | 30x |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
ApeX Omni XRPUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5661 | −0.154% | $3.0M | $12.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5682 | −0.019% | $447K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5684 | −0.008% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5685 | 0.000% | $39.8M | $79.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5663 | −0.140% | $645K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5661 | −0.154% | $561.8M | $2.01B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5665 | −0.128% | $349.0M | $911.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5661 | −0.153% | $128.2M | $893.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5593 | −0.587% | $580K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5668 | −0.108% | $119K | $748K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5684 | −0.006% | $375.5M | $142.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5667 | −0.115% | $302.7M | $860.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5673 | −0.079% | $114.3M | $162.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5663 | −0.140% | $273.6M | $369.0M | 125x | as long as short |
| BingX XRP-USDTlong | +0.0100% | 8h | 1.5685 | long leg | — | $120.1M | — | |
| Variational Omni XRP | +0.0100% | 8h | 1.5607 | −0.495% | $11.7M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5645 | −0.253% | $679K | $102.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5674 | −0.068% | $1.1M | $41.0M | 20x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5679 | −0.041% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5691 | +0.038% | $46K | $449K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5686 | +0.006% | $42K | $66K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5689 | +0.027% | $844K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5693 | +0.052% | $132K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5692 | +0.045% | $30K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5687 | +0.010% | $51.5M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5689 | +0.026% | $55.8M | $29.3M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5562 | −0.787% | $1.7M | $573K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5662 | −0.148% | $488K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5687 | +0.013% | $11K | $261K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5680 | −0.029% | $2.2M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5688 | +0.022% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0160% | 1h | 1.5684 | −0.006% | $9K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5686 | +0.003% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5690 | +0.032% | $24.6M | $75.0M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5700 | +0.096% | $6.0M | $48.3M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0272% | 1h | 1.5659 | −0.163% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0319% | 8h | 1.5682 | −0.019% | $2.0M | $33.5M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0419% | 1h | 1.5698 | +0.083% | $1.7M | $1.0M | 25x | as long as short |
| Hyperliquid XRP | +0.0609% | 1h | 1.5702 | +0.108% | $297.7M | $206.7M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5701 | +0.105% | $512K | $632K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0765% | 1h | 1.5614 | −0.455% | $1K | $11K | 10x | as long as short |
Lighter XRP
Lighter RH XRP
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD