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: Binance against BloFin+0.090%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$260.260% of the position

Long on BloFin Short on Binance

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)+0.009%+$1 · spread now +0.090%, 7d avg −0.004%

Together, before fees−0.211%−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.093% dearer against BloFin than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of −0.004%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XRP-USDT	1.5086	0.0220	pay 0.0220% / 8h	2h 14m	$23.2M	$77.1M	125x
Short	Binance XRPUSDT	1.5100	0.0100	get 0.0100% / 8h	2h 14m	$525.2M	$2.21B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.090%Rate

Funding earned: −$25.2
Price spread: +0.090% → −0.004%: $9.33
Slippage, 4 orders: −$3.98
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$41.85
Costs to cover: 0.260%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; Binance: live order book, 15 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 BloFin live order book, 5 min ago	1.66 bp	7.7 bp −$8	8.9 bp −$89	14.3 bp −$1,427	23.3 bp −$11.7K
Sell Binance live order book, 15 min ago	0.33 bp	5.3 bp −$5	6.9 bp −$69	11.6 bp −$1,161	33.1 bp −$16.5K

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	1.5085	−0.007%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5083	−0.020%	$14.2M	$74.9M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5088	+0.013%	$1.1M	$133K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5090	+0.027%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5078	−0.052%	$244K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.142%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0071% / S −0.0015%	1h	1.5078	−0.056%	$795K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0081%	1h	1.5088	+0.013%	$7.7M	$25.5M	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5099	+0.086%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5096	+0.069%	$2.8M	$15.1M	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	1.5098	+0.080%	$546K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5090	+0.027%	$10K	$361K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5098	+0.083%	$977K	$6.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5097	+0.075%	$38.3M	$87.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5097	+0.070%	$600K	$1.1M	20x	as long as short
Binance XRPUSDTshort	+0.0100%	8h	1.5100	+0.090%	$525.2M	$2.21B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5099	+0.086%	$344.0M	$964.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5101	+0.099%	$126.1M	$884.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5088	+0.013%	$561K	$34K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5103	+0.113%	$144K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5026	−0.395%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5098	+0.080%	$370.9M	$160.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5097	+0.073%	$288.4M	$923.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5100	+0.092%	$106.6M	$181.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5098	+0.080%	$265.4M	$398.1M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5089	+0.020%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5072	−0.093%	$4.7M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5079	−0.048%	$655K	$113.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5083	−0.019%	$1.1M	$37.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5086	0.000%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5099	+0.083%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5102	+0.106%	$51K	$489K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5080	−0.038%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5080	−0.040%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5081	−0.036%	$811K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5091	+0.036%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5084	−0.013%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5088	+0.013%	$49.3M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5085	−0.007%	$53.8M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5106	+0.134%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5095	+0.063%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5081	−0.035%	$58K	$25K	3x	as long as short
Hyperliquid XRP	+0.0118%	1h	1.5113	+0.179%	$288.5M	$262.2M	20x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5087	+0.007%	$5.7M	$48.5M	50x	as long as short
Hibachi XRP/USDT-P	+0.0192%	1h	1.5077	−0.062%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0193%	1h	1.5097	+0.073%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERP	+0.0198%	8h	1.5086	0.000%	$1.7M	$35.7M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5098	+0.082%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDTlong	+0.0220%	8h	1.5086	long leg	$23.2M	$77.1M	125x
RISEx XRP/USDC	+0.0305%	1h	1.5103	+0.110%	$519K	$787K	10x	as long as short
Aftermath Perps XRPUSD	+0.0600%	1h	1.5068	−0.122%	$2K	$16K	10x	as long as short