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: Bybit against BloFin+0.079%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$270.272% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.184%−$18 on $10k

Price spread, last 4 days (all we have)+0.127%+$13 · spread now +0.079%, 7d avg −0.015%

Together, before fees−0.057%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.094% dearer against BloFin than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of −0.015%): +$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	1.5177	0.0220	pay 0.0220% / 8h	4h 25m	$24.1M	$76.2M	125x
Short	Bybit XRPUSDT	1.5189	0.0100	get 0.0100% / 8h	4h 25m	$347.3M	$933.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.079%Rate

Funding earned: −$25.2
Price spread: +0.079% → −0.015%: $9.37
Slippage, 4 orders: −$4.15
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$42.98
Costs to cover: 0.272%
Break-even: never at this rate

Slippage from BloFin: live order book, 9 min ago; Bybit: live order book, 4 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, 9 min ago	1.32 bp	7.6 bp −$8	8.5 bp −$85	11.1 bp −$1,114	19.6 bp −$9,806
Sell Bybit live order book, 4 min ago	0.33 bp	5.8 bp −$6	6.9 bp −$69	13.3 bp −$1,330	21.5 bp −$10.8K

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	1.5179	+0.013%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0071%	1h	1.5185	+0.055%	$14.3M	$73.8M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5177	+0.001%	$1.1M	$111K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5180	+0.020%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5183	+0.040%	$254K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0013%	1h	1.5190	+0.086%	$7.7M	$25.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.524%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0043% / S +0.0026%	1h	1.5182	+0.034%	$792K	—	200x	as long as short
Orderly PERP_XRP_USDC	+0.0084%	8h	1.5186	+0.059%	$62K	$934K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5184	+0.049%	$2.8M	$14.6M	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	1.5178	+0.007%	$498K	$3.3M	20x	as long as short
01 Exchange XRPUSD	+0.0096%	1h	1.5194	+0.112%	$8K	$8K	10x	as long as short
Katana Perps XRP-USD	+0.0097%	8h	1.5186	+0.059%	$10K	$325K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5181	+0.028%	$1.1M	$6.0M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5202	+0.165%	$282.1M	$226.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5188	+0.070%	$38.4M	$83.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5189	+0.077%	$609K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5187	+0.066%	$535.5M	$2.11B	100x	as long as short
Bybit XRPUSDTshort	+0.0100%	8h	1.5189	+0.079%	$347.3M	$933.9M	100x
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5189	+0.079%	$126.3M	$876.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5174	−0.020%	$564K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5192	+0.099%	$110K	$713K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5115	−0.406%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5186	+0.059%	$370.3M	$154.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5187	+0.066%	$291.5M	$900.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5192	+0.097%	$108.0M	$174.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5187	+0.066%	$268.7M	$384.7M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5184	+0.046%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5179	+0.011%	$5.2M	$37.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5159	−0.116%	$658K	$108.2M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5178	+0.004%	$1.1M	$36.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5164	−0.086%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5187	+0.067%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5195	+0.119%	$44K	$452K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5185	+0.054%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5189	+0.078%	$817K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5194	+0.115%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5189	+0.079%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5191	+0.093%	$49.7M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5180	+0.020%	$54.2M	$30.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5185	+0.052%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5184	+0.049%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5185	+0.053%	$58K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0171%	1h	1.5195	+0.119%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0184%	1h	1.5178	+0.008%	$17K	$82K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5194	+0.112%	$5.6M	$47.2M	50x	as long as short
Reya XRPRUSDPERP	+0.0216%	1h	1.5188	+0.072%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDTlong	+0.0220%	8h	1.5177	long leg	$24.1M	$76.2M	125x
Kalshi KXXRPPERP	+0.0311%	8h	1.5194	+0.112%	$2.1M	$34.5M	2.9x	as long as short
RISEx XRP/USDC	+0.0352%	1h	1.5195	+0.116%	$517K	$777K	10x	as long as short
Aftermath Perps XRPUSD	+0.0649%	1h	1.5181	+0.029%	$2K	$15K	10x	as long as short