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: OKX against BloFin+0.026%7-day average −0.011% · 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−$24as in the Price arb table
costs, in and out, $10k−$280.276% of the position
Funding, last 7 days−0.179%−$18 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.026%, 7d avg −0.011%
=The price spread pays, funding is against you. OKX is 0.038% dearer against BloFin than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.011%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XRP-USDT | 1.5142 | 0.0220 | pay 0.0220% / 8h | 1h 55m | $23.5M | $77.7M | 125x |
| Short | OKX XRP-USDT-SWAP | 1.5146 | 0.0100 | get 0.0100% / 8h | 1h 55m | $127.0M | $891.0M | 100x |
BloFin XRP-USDT
OKX XRP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.026% → −0.011%
- $3.78
- Slippage, 4 orders
- −$5.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$49.02
- Costs to cover
- 0.276%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 2.31 bp | 8.3 bp −$8 | 8.9 bp −$89 | 12.5 bp −$1,247 | 23.1 bp −$11.5K |
| Sell OKX live order book, 4 min ago | 0.33 bp | 5.7 bp −$6 | 7.4 bp −$74 | 17.1 bp −$1,712 | 37.8 bp −$18.9K |
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 | 1.5158 | +0.106% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5145 | +0.018% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5150 | +0.053% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5145 | +0.019% | $245K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5147 | +0.032% | $14.4M | $75.1M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.761% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5146 | +0.026% | $8K | $8K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0077% / S −0.0023% | 1h | 1.5143 | +0.007% | $799K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5150 | +0.053% | $7.7M | $25.2M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5147 | +0.033% | $2.8M | $15.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5150 | +0.053% | $546K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5136 | −0.040% | $11K | $363K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5150 | +0.056% | $999K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5146 | +0.024% | $38.4M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5154 | +0.081% | $603K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5149 | +0.046% | $528.5M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5144 | +0.013% | $343.9M | $967.1M | 100x | as long as short |
| OKX XRP-USDT-SWAPshort | +0.0100% | 8h | 1.5146 | +0.026% | $127.0M | $891.0M | 100x | |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5154 | +0.079% | $564K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5150 | +0.053% | $143K | $718K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5166 | +0.158% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5144 | +0.013% | $374.9M | $157.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5146 | +0.026% | $297.1M | $916.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5148 | +0.038% | $107.3M | $182.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5144 | +0.013% | $266.5M | $399.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5144 | +0.013% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5135 | −0.047% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5133 | −0.062% | $659K | $114.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5133 | −0.060% | $1.1M | $36.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5156 | +0.092% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5150 | +0.052% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5150 | +0.053% | $46K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5140 | −0.014% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5145 | +0.020% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5147 | +0.031% | $815K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5150 | +0.053% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5145 | +0.020% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5149 | +0.047% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5150 | +0.053% | $54.1M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5158 | +0.105% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5141 | −0.009% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5143 | +0.009% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5152 | +0.063% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0169% | 1h | 1.5156 | +0.092% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5151 | +0.059% | $5.7M | $48.4M | 50x | as long as short |
| Hyperliquid XRP | +0.0196% | 1h | 1.5160 | +0.119% | $289.2M | $264.6M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0212% | 8h | 1.5153 | +0.073% | $1.8M | $35.4M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5143 | +0.009% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDTlong | +0.0220% | 8h | 1.5142 | long leg | $23.5M | $77.7M | 125x | |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5150 | +0.056% | $517K | $792K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0571% | 1h | 1.5154 | +0.077% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
Ondo Perps XRP-USD.P
Arcus XRP-USD
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
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hyperliquid XRP
Kalshi KXXRPPERP
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD