Funding you earn now, next payment 23:00 UTC−0.0187%/8h= −20.4% APRpaid last 24h −0.056%
Price spread now: Injective against BloFin−1.418%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Injective is 1.418% cheaper against BloFin than usual: you would sell low and buy high (−$142 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XRP-USDT | 1.5510 | 0.0220 | pay 0.0220% / 8h | 1h 29m | $24.6M | $73.4M | 125x |
| Short | Injective XRP/USDC PERP | 1.5290 | 0.0033 | get 0.0004% / 1h | 29m 08s | $2K | $86K | 30x |
BloFin XRP-USDT
Injective XRP/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$39.2
- Price spread: −1.418% → 0.000%
- −$141.84
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$193.06
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
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 | 3.86 bp | 9.9 bp −$10 | 10.0 bp −$100 | 16.9 bp −$1,687 | 30.6 bp −$15.3K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1.5461 | −0.316% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5494 | −0.105% | $1.1M | $104K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5505 | −0.032% | $259K | — | 150x | as long as short |
| Injective XRP/USDC PERPshort | +0.0033% | 1h | 1.5290 | −1.418% | $2K | $86K | 30x | |
| Kraken Futures PF_XRPUSD | +0.0041% | 1h | 1.5511 | +0.008% | $15.4M | $68.8M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0051% / S +0.0124% | 1h | 1.5504 | −0.037% | $1.1M | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0054% | 8h | 1.5510 | 0.000% | $77K | $942K | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0072% | 1h | 1.5514 | +0.026% | $9.5M | $25.3M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5521 | +0.069% | $3.0M | $12.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5520 | +0.064% | $439K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
GMX XRP/USD [ETH-USDC]
Orderly PERP_XRP_USDC
Deribit XRP_USDC-PERPETUAL
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5502 | −0.050% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5508 | −0.011% | $39.2M | $78.0M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5504 | −0.039% | $638K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5518 | +0.054% | $558.3M | $1.96B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5523 | +0.084% | $347.0M | $891.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5523 | +0.084% | $127.1M | $876.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5515 | +0.032% | $577K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5506 | −0.026% | $118K | $739K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5520 | +0.064% | $373.9M | $139.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5522 | +0.077% | $290.5M | $847.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5517 | +0.048% | $113.3M | $158.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5521 | +0.071% | $270.6M | $361.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5521 | +0.071% | — | $117.5M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5485 | −0.164% | $11.7M | $30.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5531 | +0.137% | $674K | $101.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5464 | −0.299% | $1.1M | $41.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5529 | +0.123% | $1.0M | $882K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5494 | −0.103% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5512 | +0.013% | $45K | $445K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5506 | −0.025% | $42K | $65K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5514 | +0.023% | $835K | $79K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5518 | +0.053% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5513 | +0.019% | $29K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5499 | −0.072% | $50.9M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5520 | +0.064% | $55.3M | $29.2M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5477 | −0.215% | $1.7M | $578K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5492 | −0.115% | $483K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5505 | −0.032% | $11K | $255K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5510 | −0.002% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5511 | +0.006% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0176% | 1h | 1.5510 | 0.000% | $8K | $8K | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0176% | 1h | 1.5475 | −0.223% | $18K | $81K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0211% | 1h | 1.5502 | −0.053% | $1.4M | $9K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5516 | +0.039% | $5.9M | $47.0M | 50x | as long as short |
| BloFin XRP-USDTlong | +0.0220% | 8h | 1.5510 | long leg | $24.6M | $73.4M | 125x | |
| Backpack XRP_USDC_PERP | +0.0253% | 1h | 1.5530 | +0.129% | $1.8M | $1.0M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0313% | 8h | 1.5503 | −0.045% | $1.9M | $32.7M | 2.9x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5480 | −0.193% | $69K | $90K | 15x | as long as short |
| RISEx XRP/USDC | +0.0527% | 1h | 1.5515 | +0.030% | $508K | $629K | 10x | as long as short |
| Hyperliquid XRP | +0.0599% | 1h | 1.5539 | +0.187% | $290.8M | $202.4M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0731% | 1h | 1.5535 | +0.159% | $1K | $11K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Phoenix XRP
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD