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 MEXC+0.224%109s7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs+$9as 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−$130.133% of the position
Funding, last 7 days+0.220%+$22 on $10k
+Price spread, last 4 days (all we have)−0.356%−$36 · spread now +0.224%, 7d avg +0.009%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.214% dearer against MEXC than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.009%. The two prices were read 109 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 | MEXC XRP_USDT | 1.5192 | 0.0100 | pay 0.0100% / 8h | 3h 27m | $295.7M | $903.7M | 300x |
| Short | BloFin XRP-USDT | 1.5226 | 0.0220 | get 0.0220% / 8h | 3h 27m | $24.2M | $76.3M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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: +0.224% → +0.009%
- $21.43
- Slippage, 4 orders
- −$1.32
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $33.32
- Costs to cover
- 0.133%
- Break-even
- from the start
Slippage from MEXC: live order book, 2 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 MEXC live order book, 2 min ago | 0.33 bp | 0.3 bp $0 | 0.3 bp −$3 | 5.5 bp −$554 | 25.7 bp −$12.8K |
| Sell BloFin live order book, 7 min ago | 0.33 bp | 6.3 bp −$6 | 6.3 bp −$63 | 10.8 bp −$1,083 | 20.2 bp −$10.1K |
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 | 1.5192 | 0.000% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5187 | −0.030% | $1.1M | $115K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5199 | +0.046% | $7.8M | $25.4M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5190 | −0.016% | $254K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0022% | 1h | 1.5195 | +0.018% | $14.4M | $74.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.422% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0054% / S +0.0009% | 1h | 1.5190 | −0.016% | $793K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5198 | +0.043% | $2.9M | $14.7M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5200 | +0.053% | $497K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5196 | +0.026% | $10K | $347K | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5193 | +0.010% | $989K | $6.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5192 | 0.000% | $38.5M | $85.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5197 | +0.035% | $609K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5190 | −0.013% | $535.1M | $2.15B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5190 | −0.013% | $347.1M | $943.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5187 | −0.033% | $126.9M | $887.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5182 | −0.066% | $566K | $27K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5199 | +0.046% | $134K | $705K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5212 | +0.132% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5193 | +0.007% | $369.7M | $155.4M | 100x | as long as short |
| MEXC XRP_USDTlong | +0.0100% | 8h | 1.5192 | long leg | $295.7M | $903.7M | 300x | |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5195 | +0.018% | $109.2M | $177.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5194 | +0.013% | $269.6M | $389.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5194 | +0.013% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5245 | +0.348% | $4.9M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5228 | +0.235% | $661K | $110.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5219 | +0.178% | $1.1M | $36.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5252 | +0.395% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5197 | +0.033% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5196 | +0.026% | $45K | $477K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5189 | −0.020% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5187 | −0.033% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5198 | +0.037% | $818K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5210 | +0.119% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5198 | +0.039% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5202 | +0.066% | $49.7M | $15.8M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5197 | +0.033% | $54.1M | $31.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5194 | +0.012% | $474K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5189 | −0.019% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5187 | −0.036% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5197 | +0.033% | $8K | $8K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5204 | +0.079% | $5.7M | $47.8M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0217% | 1h | 1.5192 | −0.001% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDTshort | +0.0220% | 8h | 1.5226 | +0.224% | $24.2M | $76.3M | 125x | |
| Backpack XRP_USDC_PERP | +0.0278% | 1h | 1.5200 | +0.053% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0280% | 1h | 1.5231 | +0.259% | $17K | $82K | 7x | as long as short |
| RISEx XRP/USDC | +0.0358% | 1h | 1.5198 | +0.040% | $518K | $776K | 10x | as long as short |
| Kalshi KXXRPPERP | +0.0359% | 8h | 1.5226 | +0.224% | $1.9M | $35.2M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0395% | 1h | 1.5213 | +0.138% | $301.2M | $245.9M | 20x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5230 | +0.250% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0677% | 1h | 1.5213 | +0.138% | $2K | $15K | 10x | as long as short |
MEXC XRP_USDT
BloFin XRP-USDT
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
RISEx XRP/USDC
Kalshi KXXRPPERP
Hyperliquid XRP
Phoenix XRP
Aftermath Perps XRPUSD