XRP

Alert: funding

Alert: spread

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 Bitget−0.245%115s7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$9as 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−$260.261% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.173%+$17 on $10k

Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.245%, 7d avg +0.006%

Together, before fees+0.336%+$34 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.251% cheaper against Bitget than usual: you would sell low and buy high (spread −0.245% now, against its 7-day average of +0.006%). If the spread goes back, that is −$25 on $10k: about 7.0 days of funding at the current rate (+$4 a day). The two prices were read 115 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	Bitget XRPUSDT	1.5088	0.0100	pay 0.0100% / 8h	2h 19m	$264.9M	$397.5M	125x
Short	BloFin XRP-USDT	1.5051	0.0220	get 0.0220% / 8h	2h 19m	$23.3M	$76.7M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now −0.245%Rate

Funding earned: $25.2
Price spread: −0.245% → +0.006%: −$25.13
Slippage, 4 orders: −$2.09
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$26.02
Costs to cover: 0.261%
Break-even: 14.2 days

Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 5 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 Bitget live order book, 5 min ago	0.33 bp	7.1 bp −$7	10.1 bp −$101	19.8 bp −$1,977	29.6 bp −$14.8K
Sell BloFin live order book, 5 min ago	0.33 bp	6.3 bp −$6	7.3 bp −$73	10.9 bp −$1,086	24.0 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	1.5080	−0.053%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5088	−0.003%	$14.2M	$74.7M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5075	−0.088%	$1.1M	$133K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5080	−0.053%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5087	−0.009%	$244K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.128%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0070% / S −0.0014%	1h	1.5086	−0.015%	$794K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0081%	1h	1.5093	+0.033%	$7.7M	$25.5M	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5088	0.000%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5083	−0.031%	$2.8M	$15.0M	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	1.5086	−0.013%	$545K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5076	−0.080%	$10K	$361K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5085	−0.017%	$987K	$6.3M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5100	+0.080%	$288.1M	$262.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5090	+0.016%	$38.4M	$87.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5085	−0.023%	$600K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5090	+0.016%	$524.3M	$2.21B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5089	+0.007%	$343.5M	$963.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5090	+0.013%	$125.8M	$883.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5044	−0.292%	$560K	$31K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5093	+0.033%	$144K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5026	−0.408%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5087	−0.007%	$370.8M	$160.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5090	+0.013%	$286.1M	$922.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5087	−0.005%	$105.4M	$180.9M	75x	as long as short
Bitget XRPUSDTlong	+0.0100%	8h	1.5088	long leg	$264.9M	$397.5M	125x
BingX XRP-USDC	+0.0100%	8h	1.5085	−0.020%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5046	−0.279%	$4.7M	$38.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5054	−0.224%	$654K	$113.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5028	−0.398%	$1.1M	$37.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5002	−0.570%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5086	−0.010%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5091	+0.020%	$51K	$489K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5089	+0.007%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5088	0.000%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5088	+0.002%	$812K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5094	+0.041%	$126K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5088	0.000%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5070	−0.122%	$49.2M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5074	−0.093%	$53.8M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5091	+0.017%	$470K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5085	−0.021%	$1.9M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5089	+0.003%	$58K	$25K	3x	as long as short
Kalshi KXXRPPERP	+0.0174%	8h	1.5069	−0.126%	$1.7M	$35.7M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0184%	1h	1.5087	−0.007%	$2.0M	$1.4M	25x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5093	+0.033%	$5.7M	$48.4M	50x	as long as short
Hibachi XRP/USDT-P	+0.0192%	1h	1.5071	−0.115%	$17K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5085	−0.018%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDTshort	+0.0220%	8h	1.5051	−0.245%	$23.3M	$76.7M	125x
RISEx XRP/USDC	+0.0305%	1h	1.5091	+0.018%	$520K	$786K	10x	as long as short
Aftermath Perps XRPUSD	+0.0595%	1h	1.5036	−0.346%	$2K	$16K	10x	as long as short