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: BingX against BloFin−0.098%96s7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as 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−$290.287% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.163%−$16 on $10k

Price spread, last 4 days (all we have)+0.525%+$52 · spread now −0.098%, 7d avg −0.021%

Together, before fees+0.362%+$36 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.077% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.021%). Swap the legs. The two prices were read 96 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	BloFin XRP-USDT	1.5233	0.0220	pay 0.0220% / 8h	7h 49m	$23.7M	$78.0M	125x
Short	BingX XRP-USDC	1.5218	0.0100	get 0.0100% / 8h	7h 49m	—	$4.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.098%Rate

Funding earned: −$25.2
Price spread: −0.098% → −0.021%: −$7.73
Slippage, 4 orders: −$6.65
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$61.58
Costs to cover: 0.287%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; BingX: 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	0.33 bp	6.3 bp −$6	6.5 bp −$65	12.1 bp −$1,210	23.2 bp −$11.6K
Sell BingX live order book, 15 min ago	0.33 bp	7.7 bp −$8	10.0 bp −$100	24.5 bp −$2,448	92.2 bp −$46.1K

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	1.5206	−0.176%	$14.8M	$76.0M	50x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5218	−0.098%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5226	−0.045%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5200	−0.217%	$67K	$110K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5208	−0.164%	$7.7M	$23.9M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5233	−0.003%	$247K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.147%	$2K	$107K	30x	as long as short
Phemex XRPUSDT	+0.0035%	8h	1.5205	−0.184%	$54.3M	$32.6M	50x	as long as short
Hibachi XRP/USDT-P	+0.0072%	1h	1.5233	−0.003%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5224	−0.059%	$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	1.5228	−0.033%	$608K	$3.1M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5222	−0.072%	$20K	$382K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5225	−0.054%	$999K	$6.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5222	−0.073%	$38.6M	$85.7M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5225	−0.055%	$613K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5224	−0.061%	$530.7M	$2.21B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5220	−0.085%	$352.9M	$946.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5226	−0.046%	$127.0M	$860.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5207	−0.171%	$566K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5234	+0.007%	$143K	$713K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5190	−0.286%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5225	−0.053%	$379.6M	$151.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5223	−0.066%	$314.3M	$912.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5221	−0.079%	$106.6M	$183.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5228	−0.033%	$270.1M	$385.0M	125x	as long as short
BingX XRP-USDCshort	+0.0100%	8h	1.5218	−0.098%	—	$4.2M	—
Variational Omni XRP	+0.0100%	8h	1.5226	−0.046%	$4.8M	$38.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5214	−0.123%	$661K	$112.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5218	−0.098%	$1.1M	$33.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5223	−0.066%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5226	−0.049%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5221	−0.079%	$52K	$514K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5213	−0.133%	$41K	$68K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5210	−0.151%	$78K	$689K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5206	−0.174%	$818K	$77K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5209	−0.156%	$128K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5204	−0.190%	$28K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5231	−0.014%	$49.7M	$15.2M	75x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5229	−0.028%	$475K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5225	−0.055%	$2.1M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5204	−0.187%	$58K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0114% / S −0.0077%	1h	1.5209	−0.158%	$788K	—	200x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5230	−0.020%	$9K	$2K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0160%	1h	1.5210	−0.151%	$5.6M	$48.0M	50x	as long as short
Kalshi KXXRPPERP	+0.0169%	8h	1.5229	−0.026%	$1.7M	$33.5M	2.9x	as long as short
Hyperliquid XRP	+0.0207%	1h	1.5235	+0.013%	$291.0M	$267.7M	20x	as long as short
BloFin XRP-USDTlong	+0.0220%	8h	1.5233	long leg	$23.7M	$78.0M	125x
Reya XRPRUSDPERP	+0.0221%	1h	1.5211	−0.143%	$1.3M	$4K	15x	as long as short
Backpack XRP_USDC_PERP	+0.0273%	1h	1.5212	−0.138%	$2.0M	$1.4M	25x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5232	−0.007%	$523K	$796K	10x	as long as short
Aftermath Perps XRPUSD	+0.0537%	1h	1.5212	−0.136%	$3K	$16K	10x	as long as short