Funding you earn now, next payment 08:00 UTC+0.0121%/8h= +13.3% APRnext payment +$1.21 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Katana Perps+0.234%7-day average +0.026% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)−0.342%−$34 · spread now +0.234%, 7d avg +0.026%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.208% dearer against Katana Perps than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps XRP-USD | 1.4976 | 0.0099 | pay 0.0099% / 8h | 2h 28m | $11K | $363K | 20x |
| Short | BloFin XRP-USDT | 1.5011 | 0.0220 | get 0.0220% / 8h | 2h 28m | $23.3M | $76.0M | 125x |
Katana Perps XRP-USD
BloFin XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Katana Perps. 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
- $25.45
- Price spread: +0.234% → +0.026%
- $20.79
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $30.45
- Costs to cover
- 0.158%
- Break-even
- from the start
Slippage unknown: Katana Perps: no order-book sample; BloFin: live order book, 6 min ago. 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 6 min ago | 1.00 bp | 7.0 bp −$7 | 7.8 bp −$78 | 10.4 bp −$1,043 | 14.8 bp −$7,405 |
Katana Perps: 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 | 1.5009 | +0.220% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.4968 | −0.051% | $14.1M | $75.3M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.4978 | +0.012% | $1.1M | $130K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5030 | +0.361% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.4969 | −0.047% | $7.6M | $25.7M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.4962 | −0.094% | $244K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.900% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0070% / S −0.0013% | 1h | 1.4961 | −0.101% | $784K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.4981 | +0.033% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.4978 | +0.013% | $2.8M | $15.0M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
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 | +0.033% | $543K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USDlong | +0.0099% | 8h | 1.4976 | long leg | $11K | $363K | 20x | |
| Nado XRP-PERP | +0.0100% | 1h | 1.4970 | −0.043% | $941K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.4983 | +0.047% | $286.0M | $260.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.4965 | −0.073% | $38.2M | $87.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.4981 | +0.033% | $599K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.4964 | −0.079% | $523.7M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.4964 | −0.080% | $339.2M | $965.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.4968 | −0.053% | $123.7M | $889.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5006 | +0.200% | $559K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.4988 | +0.080% | $143K | $727K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5027 | +0.340% | $1.6M | $4K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.4969 | −0.047% | $367.4M | $158.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.4969 | −0.047% | $282.0M | $916.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.4978 | +0.016% | $104.4M | $180.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.4964 | −0.080% | $262.9M | $398.8M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.4963 | −0.087% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5004 | +0.188% | $4.7M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5013 | +0.248% | $652K | $112.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5011 | +0.235% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5014 | +0.254% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.4984 | +0.056% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.4972 | −0.027% | $51K | $493K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.4968 | −0.056% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.4966 | −0.067% | $61K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.4965 | −0.076% | $805K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.4974 | −0.011% | $125K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.4969 | −0.047% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.4971 | −0.034% | $48.9M | $15.8M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.4975 | −0.007% | $53.4M | $32.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.4979 | +0.022% | $467K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.4964 | −0.079% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.4967 | −0.060% | $57K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0133% | 8h | 1.5018 | +0.280% | $1.7M | $35.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0165% | 1h | 1.5014 | +0.254% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.4974 | −0.013% | $5.5M | $48.1M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0216% | 1h | 1.5014 | +0.253% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.4965 | −0.076% | $1.3M | $6K | 15x | as long as short |
| BloFin XRP-USDTshort | +0.0220% | 8h | 1.5011 | +0.234% | $23.3M | $76.0M | 125x | |
| RISEx XRP/USDC | +0.0305% | 1h | 1.4987 | +0.072% | $511K | $780K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0616% | 1h | 1.5023 | +0.312% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
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-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
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD