Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Gate−0.091%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 4 days (all we have)−0.328%−$33 · spread now −0.091%, 7d avg +0.008%
=Funding pays, the price is against you. BloFin is 0.100% cheaper against Gate than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of +0.008%). If the spread goes back, that is −$10 on $10k: about 2.8 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XRP_USDT | 1.5359 | 0.0100 | pay 0.0100% / 8h | 7h 14m | $377.9M | $156.3M | 100x |
| Short | BloFin XRP-USDT | 1.5345 | 0.0220 | get 0.0220% / 8h | 7h 14m | $23.8M | $78.1M | 125x |
Gate XRP_USDT
BloFin XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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: −0.091% → +0.008%
- −$9.96
- Slippage, 4 orders
- −$8.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$20.06
- Costs to cover
- 0.353%
- Break-even
- 12.6 days
Slippage from Gate: live order book, 4 min ago; BloFin: 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 Gate live order book, 4 min ago | 0.33 bp | 10.4 bp −$10 | 15.1 bp −$151 | 31.1 bp −$3,114 | 42.7 bp −$21.3K |
| Sell BloFin live order book, 4 min ago | 1.31 bp | 7.3 bp −$7 | 8.0 bp −$80 | 12.4 bp −$1,237 | 25.7 bp −$12.8K |
XRP on 50 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XRPUSD | −0.0170% | 1h | 1.5346 | −0.086% | $14.0M | $75.0M | 50x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5346 | −0.085% | $5K | $3K | 20x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5310 | −0.319% | $69K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5348 | −0.072% | $7.8M | $22.4M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5343 | −0.105% | $249K | — | 150x | as long as short |
| dYdX XRP-USD | +0.0007% | 1h | 1.5341 | −0.118% | $1.1M | $123K | 10x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.309% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5340 | −0.124% | $9K | $2K | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0080% | 1h | 1.5317 | −0.271% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5347 | −0.078% | $2.8M | $14.7M | 20x | as long as short |
Kraken Futures PF_XRPUSD
Hotstuff XRP-PERP
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
dYdX XRP-USD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Lighter XRPShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5352 | −0.046% | $624K | $3.1M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5336 | −0.150% | $20K | $378K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5339 | −0.127% | $1.0M | $6.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5358 | −0.007% | $38.9M | $82.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5352 | −0.046% | $618K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5358 | −0.006% | $536.6M | $2.13B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5356 | −0.020% | $358.1M | $917.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5358 | −0.007% | $127.9M | $840.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5326 | −0.215% | $562K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5347 | −0.078% | $159K | $711K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5316 | −0.281% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDTlong | +0.0100% | 8h | 1.5359 | long leg | $377.9M | $156.3M | 100x | |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5359 | 0.000% | $318.0M | $928.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5353 | −0.039% | $108.5M | $180.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5359 | 0.000% | $272.3M | $366.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5355 | −0.026% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5344 | −0.096% | $4.8M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5313 | −0.301% | $665K | $113.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5305 | −0.349% | $1.1M | $33.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5316 | −0.280% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5344 | −0.099% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5340 | −0.124% | $52K | $504K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5341 | −0.117% | $41K | $66K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5345 | −0.091% | $78K | $646K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5346 | −0.083% | $128K | $1.6M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5343 | −0.104% | $31K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5345 | −0.091% | $50.1M | $14.0M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5347 | −0.078% | $54.5M | $33.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5357 | −0.016% | $479K | $52K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5353 | −0.042% | $2.1M | $6.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5342 | −0.112% | $59K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0133% / S −0.0094% | 1h | 1.5344 | −0.100% | $785K | — | 200x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5345 | −0.091% | $5.3M | $46.8M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0172% | 8h | 1.5353 | −0.039% | $1.7M | $32.9M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0179% | 1h | 1.5373 | +0.091% | $294.2M | $265.4M | 20x | as long as short |
| BloFin XRP-USDTshort | +0.0220% | 8h | 1.5345 | −0.091% | $23.8M | $78.1M | 125x | |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5334 | −0.160% | $1.4M | $4K | 15x | as long as short |
| Backpack XRP_USDC_PERP | +0.0223% | 1h | 1.5352 | −0.046% | $2.0M | $1.3M | 25x | as long as short |
| RISEx XRP/USDC | +0.0337% | 1h | 1.5345 | −0.092% | $525K | $784K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0519% | 1h | 1.5297 | −0.401% | $3K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
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
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
Reya XRPRUSDPERP
Backpack XRP_USDC_PERP
RISEx XRP/USDC
Aftermath Perps XRPUSD