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: BloFin against GRVT+0.409%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs+$15as in the Price arb table

costs, in and out, $10k−$240.242% of the position

Long on GRVT Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.113%+$11 on $10k

Price spread, last 4 days (all we have)−0.508%−$51 · spread now +0.409%, 7d avg +0.022%

Together, before fees−0.395%+ Points / potential airdropGRVT: Active · farm board−$40 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.388% dearer against GRVT than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT XRP_USDT_Perp	1.5138	0.0100	pay 0.0100% / 8h	3h 53m	$1.1M	$36.0M	20x
Short	BloFin XRP-USDT	1.5200	0.0220	get 0.0220% / 8h	3h 53m	$24.2M	$76.2M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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 GRVTbpFee BloFinbpOrdersPrice spread, now +0.409%Rate

Funding earned: $25.2
Price spread: +0.409% → +0.022%: $38.79
Slippage, 4 orders: −$3.17
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: $39.83
Costs to cover: 0.242%
Break-even: from the start

Slippage from GRVT: live order book, 6 min ago; BloFin: live order book, 6 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 GRVT live order book, 6 min ago	0.33 bp	4.8 bp −$5	5.0 bp −$50	65.1 bp −$6,514	doesn't fit
Sell BloFin live order book, 6 min ago	0.66 bp	7.0 bp −$7	7.3 bp −$73	10.2 bp −$1,020	16.1 bp −$8,050

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	1.5176	+0.251%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5186	+0.315%	$1.1M	$111K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5207	+0.456%	$254K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0021%	1h	1.5210	+0.477%	$14.4M	$74.0M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.788%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0049% / S +0.0017%	1h	1.5206	+0.447%	$780K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0079%	1h	1.5212	+0.489%	$7.7M	$25.5M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5214	+0.499%	$2.8M	$14.6M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5214	+0.502%	$499K	$3.3M	20x	as long as short
Orderly PERP_XRP_USDC	+0.0096%	8h	1.5209	+0.469%	$62K	$934K	50x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0098%	8h	1.5201	+0.416%	$12K	$337K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5210	+0.479%	$1.1M	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5212	+0.489%	$38.5M	$84.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5192	+0.359%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5210	+0.476%	$534.6M	$2.13B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5212	+0.489%	$348.5M	$940.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5212	+0.489%	$127.8M	$885.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5174	+0.238%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5202	+0.423%	$118K	$706K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5181	+0.284%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5209	+0.469%	$372.2M	$153.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5209	+0.469%	$293.5M	$896.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5211	+0.484%	$108.7M	$176.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5210	+0.476%	$269.5M	$387.6M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5207	+0.456%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5139	+0.006%	$4.8M	$38.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5166	+0.188%	$659K	$109.0M	30x	as long as short
GRVT XRP_USDT_Perplong	+0.0100%	8h	1.5138	long leg	$1.1M	$36.0M	20x
ApeX Omni XRPUSDT	+0.0100%	1h	1.5184	+0.304%	$1.2M	$1.1M	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5211	+0.482%	$44K	$455K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5207	+0.456%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5211	+0.482%	$818K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5212	+0.488%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5209	+0.469%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5212	+0.489%	$49.8M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5209	+0.469%	$54.2M	$31.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5192	+0.355%	$474K	$55K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5199	+0.403%	—	$11K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5203	+0.433%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5207	+0.452%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0120%	1h	1.5203	+0.429%	$9K	$8K	10x	as long as short
Hyperliquid XRP	+0.0145%	1h	1.5218	+0.528%	$281.5M	$227.7M	20x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5215	+0.509%	$5.6M	$47.4M	50x	as long as short
Reya XRPRUSDPERP	+0.0216%	1h	1.5209	+0.470%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDTshort	+0.0220%	8h	1.5200	+0.409%	$24.2M	$76.2M	125x
Hibachi XRP/USDT-P	+0.0224%	1h	1.5183	+0.300%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0290%	1h	1.5221	+0.548%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERP	+0.0309%	8h	1.5202	+0.423%	$2.0M	$35.1M	2.9x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5203	+0.430%	$518K	$773K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5160	+0.145%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0654%	1h	1.5161	+0.151%	$2K	$15K	10x	as long as short