XRP

Alert: funding

Alert: spread

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 KuCoin−0.117%65s7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$350.351% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.213%+$21 on $10k

Price spread, last 4 days (all we have)−0.320%−$32 · spread now −0.117%, 7d avg −0.005%

Together, before fees−0.107%−$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.112% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.005%). If the spread goes back, that is −$11 on $10k: about 3.1 days of funding at the current rate (+$4 a day). The two prices were read 65 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	KuCoin XRPUSDTM	1.5286	0.0100	pay 0.0100% / 8h	7h 22m	$107.6M	$181.8M	75x
Short	BloFin XRP-USDT	1.5268	0.0220	get 0.0220% / 8h	7h 22m	$23.9M	$77.5M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.117%Rate

Funding earned: $25.2
Price spread: −0.117% → −0.005%: −$11.21
Slippage, 4 orders: −$11.14
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$21.14
Costs to cover: 0.351%
Break-even: 12.9 days

Slippage from KuCoin: live order book, 7 min ago; BloFin: live order book, 7 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 KuCoin live order book, 7 min ago	0.66 bp	8.0 bp −$8	9.8 bp −$98	doesn't fit	doesn't fit
Sell BloFin live order book, 7 min ago	1.98 bp	8.0 bp −$8	8.6 bp −$86	12.4 bp −$1,243	24.7 bp −$12.4K

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
Kraken Futures PF_XRPUSD	−0.0170%	1h	1.5287	+0.009%	$14.8M	$74.1M	50x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5280	−0.039%	$5K	$3K	20x	as long as short
Phoenix XRP	0.0000%	1h	1.5190	−0.627%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5287	+0.007%	$248K	—	150x	as long as short
dYdX XRP-USD	+0.0008%	1h	1.5277	−0.056%	$1.1M	$158K	10x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.793%	$2K	$107K	30x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0077%	1h	1.5297	+0.073%	$7.8M	$23.1M	50x	as long as short
Hibachi XRP/USDT-P	+0.0080%	1h	1.5262	−0.154%	$17K	$78K	7x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5276	−0.065%	$9K	$2K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5286	+0.003%	$2.8M	$14.6M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5292	+0.040%	$621K	$3.1M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5270	−0.104%	$20K	$380K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5281	−0.029%	$1.0M	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5289	+0.020%	$38.7M	$84.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5285	−0.004%	$615K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5287	+0.005%	$532.9M	$2.16B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5291	+0.033%	$357.2M	$931.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5291	+0.033%	$126.9M	$851.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5193	−0.608%	$557K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5282	−0.026%	$144K	$703K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5141	−0.945%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5290	+0.027%	$375.9M	$155.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5292	+0.040%	$316.7M	$922.6M	300x	as long as short
KuCoin XRPUSDTMlong	+0.0100%	8h	1.5286	long leg	$107.6M	$181.8M	75x
Bitget XRPUSDT	+0.0100%	8h	1.5291	+0.033%	$270.2M	$376.2M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5292	+0.040%	—	$108.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5155	−0.859%	$4.8M	$38.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5184	−0.668%	$659K	$112.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5198	−0.577%	$1.1M	$33.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5177	−0.712%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5281	−0.029%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5276	−0.065%	$52K	$509K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5289	+0.023%	$41K	$67K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5290	+0.027%	$78K	$647K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5150	−0.892%	$815K	$76K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5294	+0.051%	$128K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5291	+0.033%	$29K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5288	+0.010%	$49.9M	$14.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5289	+0.020%	$54.3M	$33.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5284	−0.011%	$477K	$54K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5287	+0.005%	$2.1M	$6.6M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5291	+0.031%	$59K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0122% / S −0.0091%	1h	1.5268	−0.116%	$781K	—	200x	as long as short
Coinbase International XRP-PERP-INTX	+0.0160%	1h	1.5293	+0.046%	$5.4M	$47.6M	50x	as long as short
Kalshi KXXRPPERP	+0.0169%	8h	1.5287	+0.007%	$1.7M	$33.2M	2.9x	as long as short
Hyperliquid XRP	+0.0180%	1h	1.5304	+0.118%	$292.7M	$263.8M	20x	as long as short
Backpack XRP_USDC_PERP	+0.0204%	1h	1.5303	+0.112%	$2.0M	$1.3M	25x	as long as short
BloFin XRP-USDTshort	+0.0220%	8h	1.5268	−0.117%	$23.9M	$77.5M	125x
Reya XRPRUSDPERP	+0.0221%	1h	1.5280	−0.036%	$1.4M	$4K	15x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5278	−0.053%	$523K	$787K	10x	as long as short
Aftermath Perps XRPUSD	+0.0543%	1h	1.5206	−0.520%	$2K	$16K	10x	as long as short