XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%

Price spread now: Gate against BloFin−0.187%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$340.344% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.179%−$18 on $10k

Price spread, last 3 days (all we have)+0.308%+$31 · spread now −0.187%, 7d avg −0.013%

Together, before fees+0.129%+$13 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 Gate is 0.174% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.013%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XRP-USDT	1.5514	0.0220	pay 0.0220% / 8h	1h 08m	$24.6M	$73.6M	125x
Short	Gate XRP_USDT	1.5485	0.0100	get 0.0100% / 8h	1h 08m	$371.8M	$141.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.187%Rate

Funding earned: −$25.2
Price spread: −0.187% → −0.013%: −$17.38
Slippage, 4 orders: −$7.45
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$77.02
Costs to cover: 0.344%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; Gate: 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 BloFin live order book, 5 min ago	0.32 bp	6.3 bp −$6	7.2 bp −$72	12.6 bp −$1,264	25.1 bp −$12.5K
Sell Gate live order book, 5 min ago	0.32 bp	12.0 bp −$12	14.6 bp −$146	29.8 bp −$2,977	41.5 bp −$20.8K

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	1.5500	−0.090%	$7K	$2K	20x	as long as short
GMX XRP/USD [ETH-USDC]	L −0.0001% / S +0.0114%	1h	1.5501	−0.087%	$850K	—	200x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5497	−0.110%	$1.1M	$113K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5503	−0.073%	$259K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.297%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5512	−0.010%	$15.5M	$68.6M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0054%	8h	1.5505	−0.058%	$78K	$910K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0072%	1h	1.5513	−0.006%	$9.5M	$25.2M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5505	−0.060%	$3.0M	$12.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5510	−0.026%	$440K	$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
Nado XRP-PERP	+0.0100%	1h	1.5504	−0.064%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5505	−0.056%	$39.3M	$79.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5502	−0.075%	$638K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5497	−0.107%	$557.8M	$1.99B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5498	−0.103%	$344.4M	$901.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5489	−0.161%	$127.4M	$879.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5467	−0.303%	$578K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5494	−0.129%	$119K	$745K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5501	−0.082%	$1.7M	$578K	20x	as long as short
Gate XRP_USDTshort	+0.0100%	8h	1.5485	−0.187%	$371.8M	$141.3M	100x
MEXC XRP_USDT	+0.0100%	8h	1.5498	−0.103%	$297.9M	$866.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5497	−0.108%	$113.3M	$160.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5485	−0.187%	$270.2M	$365.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5492	−0.142%	—	$119.5M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5501	−0.081%	$11.8M	$30.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5508	−0.038%	$673K	$101.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5528	+0.090%	$1.1M	$41.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5520	+0.039%	$1.0M	$884K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5502	−0.080%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5510	−0.026%	$46K	$447K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5503	−0.070%	$42K	$65K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5507	−0.043%	$835K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5514	+0.003%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5510	−0.026%	$33K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5514	+0.001%	$50.9M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5510	−0.026%	$55.2M	$29.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5495	−0.121%	$483K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5482	−0.206%	$11K	$261K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5478	−0.230%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5505	−0.058%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5513	−0.006%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5506	−0.053%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5513	−0.006%	$5.9M	$47.3M	50x	as long as short
BloFin XRP-USDTlong	+0.0220%	8h	1.5514	long leg	$24.6M	$73.6M	125x
Hibachi XRP/USDT-P	+0.0248%	1h	1.5486	−0.178%	$18K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0291%	1h	1.5518	+0.026%	$1.7M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0321%	8h	1.5509	−0.032%	$1.9M	$33.2M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5500	−0.090%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5490	−0.152%	$507K	$631K	10x	as long as short
Hyperliquid XRP	+0.0584%	1h	1.5523	+0.058%	$290.1M	$204.4M	20x	as long as short
Aftermath Perps XRPUSD	+0.0766%	1h	1.5525	+0.069%	$1K	$11K	10x	as long as short