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: MEXC against BloFin−0.007%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$140.140% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.220%−$22 on $10k

Price spread, last 3 days (all we have)+0.088%+$9 · spread now −0.007%, 7d avg −0.012%

Together, before fees−0.132%−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XRP-USDT	1.5317	0.0220	pay 0.0220% / 8h	7h 32m	$24.0M	$73.7M	125x
Short	MEXC XRP_USDT	1.5316	0.0100	get 0.0100% / 8h	7h 32m	$308.1M	$902.4M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$25.2
Price spread: −0.007% → −0.012%: $0.59
Slippage, 4 orders: −$1.96
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$38.57
Costs to cover: 0.140%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; MEXC: live order book, 1 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, 6 min ago	0.65 bp	6.7 bp −$7	9.9 bp −$99	13.7 bp −$1,366	27.2 bp −$13.6K
Sell MEXC live order book, 1 min ago	0.33 bp	0.3 bp $0	0.5 bp −$5	5.3 bp −$532	20.7 bp −$10.4K

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	1.5327	+0.065%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5315	−0.012%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5310	−0.046%	$256K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0013% / S +0.0081%	1h	1.5307	−0.064%	$840K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.586%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0062%	8h	1.5313	−0.026%	$58K	$935K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0077%	1h	1.5316	−0.007%	$9.3M	$25.1M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5316	−0.005%	$2.8M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5321	+0.026%	$514K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5313	−0.026%	$10K	$277K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XRP-USD-PERP	+0.0100%	8h	1.5326	+0.057%	$478K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5324	+0.049%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5314	−0.022%	$38.7M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5325	+0.054%	$620K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5306	−0.072%	$539.0M	$2.06B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5306	−0.072%	$341.0M	$920.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5304	−0.085%	$124.7M	$868.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5316	−0.007%	$571K	$48K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5330	+0.085%	$118K	$711K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5296	−0.138%	$1.6M	$517K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5313	−0.026%	$373.5M	$149.5M	100x	as long as short
MEXC XRP_USDTshort	+0.0100%	8h	1.5316	−0.007%	$308.1M	$902.4M	300x
KuCoin XRPUSDTM	+0.0100%	8h	1.5313	−0.027%	$108.6M	$165.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5305	−0.078%	$267.7M	$374.8M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5311	−0.039%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5328	+0.073%	$6.3M	$35.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5313	−0.023%	$665K	$107.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5322	+0.035%	$1.1M	$38.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5333	+0.104%	$1.0M	$892K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5324	+0.046%	$49K	$441K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5312	−0.033%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5315	−0.011%	$824K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5326	+0.058%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5315	−0.013%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5318	+0.010%	$50.3M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5313	−0.026%	$54.5M	$29.5M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5319	+0.013%	—	$9K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5312	−0.030%	$2.1M	$7.1M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5308	−0.059%	$8K	$8K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5313	−0.024%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5318	+0.009%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDTlong	+0.0220%	8h	1.5317	long leg	$24.0M	$73.7M	125x
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5319	+0.013%	$5.8M	$46.2M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0244%	1h	1.5314	−0.020%	$14.5M	$70.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0284%	1h	1.5322	+0.033%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0310%	8h	1.5327	+0.065%	$2.1M	$34.9M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0312%	1h	1.5328	+0.069%	$17K	$81K	7x	as long as short
Hyperliquid XRP	+0.0402%	1h	1.5327	+0.065%	$289.4M	$214.5M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5330	+0.085%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0805%	1h	1.5328	+0.070%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5323	+0.040%	$506K	$754K	10x	as long as short