Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.2% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Katana Perps against BloFin+0.169%7-day average −0.030% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.132%−$13 on $10k
+Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.169%, 7d avg −0.030%
=The price spread pays, funding is against you. Katana Perps is 0.199% dearer against BloFin than usual: you sell high and buy low (spread +0.169% now, against its 7-day average of −0.030%): +$20 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XRP-USDT | 1.5371 | 0.0220 | pay 0.0220% / 8h | 7h 54m | $23.9M | $74.8M | 125x |
| Short | Katana Perps XRP-USD | 1.5397 | 0.0100 | get 0.0100% / 8h | 7h 54m | $12K | $271K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps 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
- −$25.24
- Price spread: +0.169% → −0.030%
- $19.89
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$21.15
- Costs to cover
- 0.158%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 5 min ago; Katana Perps: 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 | 0.98 bp | 7.0 bp −$7 | 7.6 bp −$76 | 13.8 bp −$1,375 | 23.6 bp −$11.8K |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Katana Perps: 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 | 1.5389 | +0.117% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5377 | +0.040% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5400 | +0.189% | $69K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5394 | +0.149% | $258K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0009% / S +0.0088% | 1h | 1.5356 | −0.096% | $842K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.230% | $2K | $107K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0061% | 8h | 1.5361 | −0.065% | $75K | $910K | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5402 | +0.202% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5381 | +0.065% | $2.9M | $13.7M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5388 | +0.111% | $514K | $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-USDshort | +0.0100% | 8h | 1.5397 | +0.169% | $12K | $271K | 20x | |
| Nado XRP-PERP | +0.0100% | 1h | 1.5396 | +0.166% | $1.0M | $5.6M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5382 | +0.074% | $38.9M | $83.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5385 | +0.089% | $636K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5398 | +0.173% | $542.0M | $2.07B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5392 | +0.137% | $341.2M | $932.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5391 | +0.130% | $125.7M | $885.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5339 | −0.208% | $572K | $47K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5397 | +0.169% | $117K | $707K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5337 | −0.221% | $1.7M | $565K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5392 | +0.137% | $375.9M | $147.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5394 | +0.150% | $300.8M | $891.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5396 | +0.165% | $109.9M | $167.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5394 | +0.150% | $269.9M | $377.2M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5376 | +0.033% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5388 | +0.113% | $6.5M | $35.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5360 | −0.068% | $669K | $106.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5389 | +0.117% | $1.1M | $40.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5367 | −0.026% | $1.0M | $906K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5386 | +0.097% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5397 | +0.169% | $48K | $459K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5392 | +0.137% | $41K | $69K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5364 | −0.047% | $827K | $82K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5369 | −0.013% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5365 | −0.039% | $30K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5362 | −0.061% | $50.4M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5375 | +0.026% | $54.7M | $29.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5389 | +0.119% | $480K | $54K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5390 | +0.121% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5358 | −0.088% | $55K | $18K | 3x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0141% | 1h | 1.5367 | −0.026% | $9.3M | $25.6M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0213% | 1h | 1.5392 | +0.139% | $1.4M | $7K | 15x | as long as short |
| BloFin XRP-USDTlong | +0.0220% | 8h | 1.5371 | long leg | $23.9M | $74.8M | 125x | |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5369 | −0.013% | $5.8M | $47.0M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0243% | 1h | 1.5364 | −0.043% | $14.9M | $70.2M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0302% | 1h | 1.5385 | +0.091% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0304% | 1h | 1.5371 | +0.002% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0318% | 8h | 1.5385 | +0.091% | $2.1M | $35.4M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0555% | 1h | 1.5409 | +0.247% | $292.3M | $214.9M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0765% | 1h | 1.5367 | −0.023% | $1K | $11K | 10x | as long as short |
| RISEx XRP/USDC | +0.0828% | 1h | 1.5401 | +0.196% | $510K | $755K | 10x | as long as short |
BloFin XRP-USDT
Katana Perps XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
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
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Deribit XRP_USDC-PERPETUAL
Coinbase International XRP-PERP-INTX
Kraken Futures PF_XRPUSD
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hyperliquid XRP
Aftermath Perps XRPUSD
RISEx XRP/USDC