Funding you earn now, next payment 23:00 UTC−0.0427%/8h= −46.8% APRpaid last 24h −0.101%
Price spread now: BingX against RISEx−0.199%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 3 days (all we have)−0.292%−$29 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.199%, 7d avg −0.067%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and BingX is 0.133% cheaper against RISEx than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.067%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XRP/USDC | 1.5574 | 0.0527 | pay 0.0066% / 1h | 19m 56s | $510K | $630K | 10x |
| Short | BingX XRP-USDC | 1.5543 | 0.0100 | get 0.0100% / 8h | 1h 19m | — | $3.7M | — |
RISEx XRP/USDC
BingX XRP-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against RISEx. 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
- −$89.69
- Price spread: −0.199% → −0.067%
- −$13.27
- Slippage, 4 orders
- −$14.63
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$133.59
- Costs to cover
- 0.306%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 64 min ago; BingX: live order book, 5 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 RISEx live order book, 64 min ago | 3.44 bp | 6.4 bp −$6 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 0.64 bp | 7.6 bp −$8 | 11.8 bp −$118 | 25.5 bp −$2,546 | 75.7 bp −$37.9K |
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 | 1.5577 | +0.019% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5569 | −0.034% | $1.1M | $113K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5535 | −0.251% | $9.5M | $25.3M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5545 | −0.187% | $260K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | −0.090% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0041% | 1h | 1.5538 | −0.233% | $15.4M | $68.7M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0054% / S +0.0119% | 1h | 1.5544 | −0.195% | $1.1M | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0054% | 8h | 1.5534 | −0.257% | $78K | $949K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5546 | −0.182% | $3.0M | $12.3M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5545 | −0.187% | $440K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
GMX XRP/USD [ETH-USDC]
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5554 | −0.132% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5547 | −0.174% | $39.4M | $78.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5573 | −0.007% | $641K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5549 | −0.161% | $559.3M | $1.98B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5550 | −0.154% | $346.6M | $900.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5545 | −0.187% | $127.5M | $881.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5556 | −0.116% | $580K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5572 | −0.013% | $119K | $742K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5567 | −0.047% | $1.7M | $578K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5547 | −0.174% | $373.8M | $140.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5547 | −0.174% | $296.5M | $857.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5548 | −0.169% | $113.9M | $159.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5546 | −0.180% | $271.6M | $363.9M | 125x | as long as short |
| BingX XRP-USDCshort | +0.0100% | 8h | 1.5543 | −0.199% | — | $3.7M | — | |
| Variational Omni XRP | +0.0100% | 8h | 1.5549 | −0.164% | $11.8M | $30.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5544 | −0.190% | $676K | $101.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5571 | −0.020% | $1.1M | $41.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5557 | −0.109% | $1.0M | $883K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5556 | −0.113% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5557 | −0.109% | $47K | $447K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5544 | −0.192% | $42K | $66K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5535 | −0.252% | $836K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5544 | −0.194% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5537 | −0.238% | $33K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5543 | −0.197% | $51.0M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5543 | −0.199% | $55.3M | $29.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5571 | −0.023% | $485K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5561 | −0.084% | $11K | $261K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5543 | −0.196% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5534 | −0.258% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0176% | 1h | 1.5573 | −0.007% | $8K | $8K | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0208% | 1h | 1.5566 | −0.054% | $18K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5549 | −0.163% | $1.4M | $9K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5544 | −0.193% | $5.8M | $47.4M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5570 | −0.026% | $24.5M | $74.0M | 125x | as long as short |
| Backpack XRP_USDC_PERP | +0.0297% | 1h | 1.5552 | −0.142% | $1.8M | $1.0M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0322% | 8h | 1.5569 | −0.032% | $1.9M | $33.0M | 2.9x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5560 | −0.090% | $69K | $90K | 15x | as long as short |
| RISEx XRP/USDClong | +0.0527% | 1h | 1.5574 | long leg | $510K | $630K | 10x | |
| Hyperliquid XRP | +0.0598% | 1h | 1.5564 | −0.065% | $290.2M | $203.6M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0745% | 1h | 1.5559 | −0.099% | $1K | $11K | 10x | as long as short |
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
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
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
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Phoenix XRP
Hyperliquid XRP
Aftermath Perps XRPUSD