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: Bitget against BloFin−0.059%45s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as 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−$310.313% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 3 days (all we have)+0.121%+$12 · spread now −0.059%, 7d avg −0.011%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.048% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.011%). Swap the legs. The two prices were read 45 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 | 1.5366 | 0.0220 | pay 0.0220% / 8h | 7h 12m | $24.1M | $74.1M | 125x |
| Short | Bitget XRPUSDT | 1.5357 | 0.0100 | get 0.0100% / 8h | 7h 12m | $269.5M | $375.0M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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: −0.059% → −0.011%
- −$4.79
- Slippage, 4 orders
- −$7.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$61.32
- Costs to cover
- 0.313%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; Bitget: 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 BloFin live order book, 7 min ago | 2.62 bp | 8.6 bp −$9 | 8.7 bp −$87 | 15.3 bp −$1,533 | 29.0 bp −$14.5K |
| Sell Bitget live order book, 2 min ago | 0.32 bp | 6.3 bp −$6 | 8.1 bp −$81 | 19.7 bp −$1,971 | 34.9 bp −$17.4K |
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 | 1.5369 | +0.020% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5360 | −0.039% | $1.1M | $112K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5360 | −0.036% | $257K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0017% / S +0.0074% | 1h | 1.5358 | −0.055% | $843K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.263% | $2K | $107K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0063% | 8h | 1.5362 | −0.026% | $58K | $935K | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5356 | −0.065% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0076% | 1h | 1.5364 | −0.013% | $9.3M | $25.1M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5361 | −0.031% | $2.8M | $14.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5371 | +0.033% | $515K | $3.2M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5354 | −0.078% | $9K | $281K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5366 | −0.003% | $479K | $55K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5368 | +0.016% | $1.0M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5366 | 0.000% | $38.8M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5366 | +0.001% | $635K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5362 | −0.026% | $542.7M | $2.05B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5361 | −0.033% | $342.2M | $919.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5358 | −0.052% | $124.8M | $867.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5366 | 0.000% | $570K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5363 | −0.020% | $118K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5274 | −0.595% | $1.6M | $378K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5363 | −0.020% | $374.9M | $151.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5358 | −0.052% | $306.0M | $913.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5358 | −0.049% | $111.0M | $166.9M | 75x | as long as short |
| Bitget XRPUSDTshort | +0.0100% | 8h | 1.5357 | −0.059% | $269.5M | $375.0M | 125x | |
| BingX XRP-USDT | +0.0100% | 8h | 1.5361 | −0.033% | — | $124.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5332 | −0.220% | $6.4M | $35.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5358 | −0.052% | $668K | $107.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5366 | −0.001% | $1.1M | $37.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5374 | +0.052% | $1.2M | $997K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5367 | +0.007% | $48K | $445K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5364 | −0.011% | $41K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5366 | +0.002% | $827K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5371 | +0.034% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5359 | −0.046% | $29K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5359 | −0.045% | $50.4M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5359 | −0.046% | $54.6M | $29.5M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5359 | −0.047% | — | $9K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5361 | −0.032% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5362 | −0.025% | $59K | $25K | 3x | as long as short |
| Reya XRPRUSDPERP | +0.0213% | 1h | 1.5354 | −0.076% | $1.4M | $7K | 15x | as long as short |
| BloFin XRP-USDTlong | +0.0220% | 8h | 1.5366 | long leg | $24.1M | $74.1M | 125x | |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5367 | +0.007% | $5.7M | $46.7M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0243% | 1h | 1.5357 | −0.058% | $14.5M | $70.4M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0309% | 1h | 1.5364 | −0.013% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0312% | 1h | 1.5361 | −0.032% | $17K | $81K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0314% | 8h | 1.5385 | +0.124% | $2.0M | $34.7M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0382% | 1h | 1.5373 | +0.046% | $290.3M | $215.6M | 20x | as long as short |
| Phoenix XRP | +0.0520% | 1h | 1.5320 | −0.299% | $68K | $110K | 15x | as long as short |
| RISEx XRP/USDC | +0.0828% | 1h | 1.5363 | −0.021% | $543K | $773K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0831% | 1h | 1.5364 | −0.012% | $2K | $13K | 10x | as long as short |
BloFin XRP-USDT
Bitget XRPUSDT
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Paradex XRP-USD-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Coinbase International XRP-PERP-INTX
Kraken Futures PF_XRPUSD
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hyperliquid XRP
Phoenix XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD