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 −0.045%

Price spread now: Orderly against BloFin−0.119%52s7-day average −0.015% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.223%−$22 on $10k

Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.119%, 7d avg −0.015%

Together, before fees−0.093%−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Orderly is 0.103% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.015%). Swap the legs. The two prices were read 52 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	1.5170	0.0220	pay 0.0220% / 8h	1h 31m	$23.6M	$77.9M	125x
Short	Orderly PERP_XRP_USDC	1.5152	0.0100	get 0.0100% / 8h	1h 31m	$65K	$774K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.119%Rate

Funding earned: −$25.2
Price spread: −0.119% → −0.015%: −$10.34
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$53.54
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 3 min ago; Orderly: 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, 3 min ago	0.66 bp	6.7 bp −$7	7.1 bp −$71	10.6 bp −$1,057	20.8 bp −$10.4K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	1.5168	−0.013%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5150	−0.130%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5170	0.000%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5147	−0.155%	$245K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5152	−0.119%	$7.7M	$24.9M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0025%	1h	1.5150	−0.135%	$14.4M	$75.1M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.571%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0084% / S −0.0033%	1h	1.5152	−0.120%	$799K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5156	−0.095%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5154	−0.105%	$545K	$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
01 Exchange XRPUSD	+0.0096%	1h	1.5163	−0.046%	$8K	$2K	10x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5158	−0.079%	$10K	$371K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5149	−0.135%	$978K	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5157	−0.083%	$38.5M	$87.8M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5159	−0.071%	$616K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5161	−0.063%	$531.5M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5160	−0.066%	$345.7M	$962.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5161	−0.059%	$127.1M	$882.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5151	−0.125%	$564K	$32K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5166	−0.026%	$143K	$714K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5158	−0.079%	$376.2M	$160.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5164	−0.040%	$300.1M	$923.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5156	−0.089%	$107.4M	$181.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5162	−0.053%	$267.5M	$396.9M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5158	−0.079%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5146	−0.159%	$4.7M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5160	−0.066%	$660K	$113.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5158	−0.079%	$1.1M	$36.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5169	−0.007%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5158	−0.077%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5156	−0.092%	$47K	$489K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5156	−0.091%	$41K	$71K	20x	as long as short
Orderly PERP_XRP_USDCshort	+0.0100%	8h	1.5152	−0.119%	$65K	$774K	50x
Derive XRP-PERP	+0.0100%	1h	1.5148	−0.142%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5159	−0.073%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5149	−0.138%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5169	−0.009%	$49.5M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5150	−0.132%	$54.2M	$32.5M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5157	−0.086%	$1.6M	$5K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5163	−0.049%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5156	−0.093%	$2.1M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5149	−0.140%	$58K	$25K	3x	as long as short
Hibachi XRP/USDT-P	+0.0152%	1h	1.5142	−0.182%	$17K	$79K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0168%	1h	1.5158	−0.079%	$2.0M	$1.4M	25x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5159	−0.073%	$5.7M	$48.3M	50x	as long as short
Hyperliquid XRP	+0.0180%	1h	1.5165	−0.033%	$288.4M	$264.7M	20x	as long as short
Kalshi KXXRPPERP	+0.0206%	8h	1.5159	−0.073%	$1.7M	$35.2M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0219%	1h	1.5149	−0.136%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDTlong	+0.0220%	8h	1.5170	long leg	$23.6M	$77.9M	125x
RISEx XRP/USDC	+0.0316%	1h	1.5166	−0.026%	$524K	$798K	10x	as long as short
Aftermath Perps XRPUSD	+0.0599%	1h	1.5161	−0.061%	$2K	$16K	10x	as long as short