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: HTX against BloFin+0.185%59s7-day average −0.051% · 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—prices read too far apart to compare
costs, in and out, $10k−$360.357% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.185%, 7d avg −0.051%
=The price spread pays, funding is against you. HTX is 0.237% dearer against BloFin than usual: you sell high and buy low (spread +0.185% now, against its 7-day average of −0.051%): +$24 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.6 days. At the pace of the last 7 days (−0.108% in total) that is about 15 days. The two prices were read 59 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 | 1.5203 | 0.0220 | pay 0.0220% / 8h | 3h 47m | $24.2M | $75.9M | 125x |
| Short | HTX XRP-USDT | 1.5231 | 0.0100 | get 0.0100% / 8h | 3h 47m | $49.8M | $15.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: +0.185% → −0.051%
- $23.67
- Slippage, 4 orders
- −$11.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$37.19
- Costs to cover
- 0.357%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; HTX: 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 | 0.99 bp | 7.0 bp −$7 | 7.5 bp −$75 | 10.8 bp −$1,076 | 22.5 bp −$11.2K |
| Sell HTX live order book, 2 min ago | 0.03 bp | 11.6 bp −$12 | 17.3 bp −$173 | 40.9 bp −$4,088 | doesn't fit |
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 | 1.5216 | +0.086% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5221 | +0.118% | $1.1M | $111K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5207 | +0.028% | $262K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0021% | 1h | 1.5211 | +0.050% | $14.4M | $74.2M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.348% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0050% / S +0.0015% | 1h | 1.5207 | +0.029% | $781K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0079% | 1h | 1.5216 | +0.086% | $7.8M | $25.6M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5221 | +0.121% | $2.9M | $14.6M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5224 | +0.138% | $499K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5211 | +0.053% | $12K | $343K | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_XRP_USDC | +0.0098% | 8h | 1.5215 | +0.079% | $62K | $934K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5217 | +0.093% | $1.0M | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5220 | +0.112% | $38.5M | $84.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5219 | +0.105% | $611K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5214 | +0.071% | $534.9M | $2.14B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5213 | +0.066% | $347.5M | $941.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5212 | +0.059% | $127.4M | $887.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5232 | +0.191% | $566K | $29K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5219 | +0.105% | $118K | $706K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5181 | −0.145% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5215 | +0.079% | $371.8M | $153.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5210 | +0.046% | $294.0M | $898.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5213 | +0.068% | $108.9M | $176.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5209 | +0.039% | $269.4M | $388.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5219 | +0.105% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5243 | +0.262% | $4.8M | $38.2M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5208 | +0.033% | $660K | $109.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5208 | +0.034% | $1.1M | $36.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5214 | +0.072% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5214 | +0.073% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5212 | +0.059% | $44K | $456K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5210 | +0.047% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5219 | +0.102% | $819K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5242 | +0.258% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5214 | +0.072% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDTshort | +0.0100% | 8h | 1.5231 | +0.185% | $49.8M | $15.7M | 75x | |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5216 | +0.086% | $54.3M | $31.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5217 | +0.094% | $474K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5213 | +0.068% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5213 | +0.063% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0160% | 1h | 1.5222 | +0.125% | $9K | $8K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5221 | +0.118% | $5.6M | $47.6M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5209 | +0.041% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDTlong | +0.0220% | 8h | 1.5203 | long leg | $24.2M | $75.9M | 125x | |
| Hibachi XRP/USDT-P | +0.0248% | 1h | 1.5214 | +0.071% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0262% | 8h | 1.5228 | +0.164% | $2.0M | $35.1M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0282% | 1h | 1.5227 | +0.158% | $292.9M | $234.6M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0323% | 1h | 1.5228 | +0.164% | $2.0M | $1.4M | 25x | as long as short |
| RISEx XRP/USDC | +0.0358% | 1h | 1.5220 | +0.115% | $518K | $773K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5220 | +0.112% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0650% | 1h | 1.5212 | +0.056% | $2K | $15K | 10x | as long as short |
BloFin XRP-USDT
HTX XRP-USDT
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
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
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
Backpack XRP_USDC_PERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD