Funding you earn now, next payment 06:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: SoDEX against BloFin−0.040%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$230.227% of the position
Funding, last 3 days (all we have)−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.040%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SoDEX is 0.025% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XRP-USDT | 1.5011 | 0.0220 | pay 0.0220% / 8h | 2h 28m | $23.3M | $76.0M | 125x |
| Short | SoDEX XRP-USD | 1.5005 | 0.0100 | get 0.0013% / 1h | 28m 38s | $29K | $1.7M | 10x |
BloFin XRP-USDT
SoDEX XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.040% → −0.015%
- −$2.46
- Slippage, 4 orders
- −$2.67
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$50.33
- Costs to cover
- 0.227%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; SoDEX: live order book, just now.
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 | 1.00 bp | 7.0 bp −$7 | 7.4 bp −$74 | 12.5 bp −$1,250 | 27.8 bp −$13.9K |
| Sell SoDEX live order book, just now | 0.33 bp | 4.3 bp −$4 | 6.7 bp −$67 | doesn't fit | doesn't fit |
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 | 1.5007 | −0.027% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5006 | −0.036% | $14.1M | $75.1M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.4978 | −0.221% | $1.1M | $130K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5030 | +0.127% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5010 | −0.010% | $257K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0017% | 1h | 1.5013 | +0.013% | $7.6M | $25.7M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.657% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.5011 | +0.002% | $786K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5023 | +0.080% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.4978 | −0.220% | $2.8M | $15.0M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
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 | 1.4981 | −0.200% | $543K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.4976 | −0.233% | $11K | $363K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5025 | +0.094% | $911K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5000 | −0.073% | $286.6M | $260.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.4978 | −0.221% | $38.2M | $87.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.4981 | −0.200% | $599K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.4978 | −0.222% | $524.2M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.4975 | −0.240% | $339.5M | $964.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.4982 | −0.193% | $124.4M | $888.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5006 | −0.033% | $559K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.4988 | −0.153% | $143K | $727K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5027 | +0.106% | $1.6M | $4K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.4980 | −0.207% | $367.8M | $158.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.4977 | −0.227% | $283.1M | $916.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.4977 | −0.226% | $104.4M | $180.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.4979 | −0.213% | $263.7M | $398.2M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.4982 | −0.193% | — | $105.9M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5004 | −0.045% | $4.7M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5013 | +0.014% | $652K | $112.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5011 | +0.002% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5014 | +0.020% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5018 | +0.044% | — | $13K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5022 | +0.073% | $51K | $493K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5014 | +0.021% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5007 | −0.027% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5006 | −0.031% | $807K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5015 | +0.029% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USDshort | +0.0100% | 1h | 1.5005 | −0.040% | $29K | $1.7M | 10x | |
| HTX XRP-USDT | +0.0100% | 8h | 1.5007 | −0.025% | $49.0M | $15.8M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5005 | −0.040% | $53.5M | $31.9M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.4979 | −0.211% | $467K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.4977 | −0.226% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5008 | −0.023% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0133% | 8h | 1.5018 | +0.047% | $1.7M | $35.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0165% | 1h | 1.5014 | +0.020% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5009 | −0.013% | $5.6M | $48.2M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0208% | 1h | 1.5008 | −0.020% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5016 | +0.036% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDTlong | +0.0220% | 8h | 1.5011 | long leg | $23.3M | $76.0M | 125x | |
| RISEx XRP/USDC | +0.0305% | 1h | 1.4987 | −0.161% | $511K | $780K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0604% | 1h | 1.5031 | +0.131% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk 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
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD