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 Binance+0.031%61s7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2as 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−$240.240% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.220%+$22 on $10k

Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.031%, 7d avg +0.004%

Together, before fees+0.105%+$11 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 0.027% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.004%. The two prices were read 61 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	Binance XRPUSDT	1.5240	0.0100	pay 0.0100% / 8h	1h 16m	$535.1M	$2.23B	100x
Short	BloFin XRP-USDT	1.5245	0.0220	get 0.0220% / 8h	1h 16m	$23.7M	$78.4M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now +0.031%Rate

Funding earned: $25.2
Price spread: +0.031% → +0.004%: $2.73
Slippage, 4 orders: −$1.98
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $3.96
Costs to cover: 0.240%
Break-even: 5.9 days

Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 8 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 Binance live order book, 13 min ago	0.33 bp	5.3 bp −$5	6.4 bp −$64	11.8 bp −$1,178	26.9 bp −$13.5K
Sell BloFin live order book, 8 min ago	0.66 bp	6.7 bp −$7	6.7 bp −$67	9.9 bp −$986	18.4 bp −$9,221

XRP on 50 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	1.5243	+0.018%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5241	+0.008%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5260	+0.130%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5244	+0.025%	$247K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0012%	1h	1.5244	+0.025%	$7.9M	$24.8M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0024%	1h	1.5238	−0.015%	$14.5M	$75.0M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.098%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0089% / S −0.0042%	1h	1.5239	−0.011%	$786K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5240	+0.001%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5240	−0.002%	$548K	$3.2M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0099%	8h	1.5234	−0.041%	$11K	$372K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5244	+0.021%	$991K	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5240	0.000%	$38.7M	$87.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5243	+0.020%	$620K	$1.1M	20x	as long as short
Binance XRPUSDTlong	+0.0100%	8h	1.5240	long leg	$535.1M	$2.23B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5236	−0.028%	$349.6M	$965.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5239	−0.008%	$128.0M	$885.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5239	−0.008%	$567K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5244	+0.025%	$145K	$716K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5238	−0.015%	$378.3M	$161.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5240	−0.002%	$311.4M	$931.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5241	+0.003%	$107.8M	$182.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5237	−0.021%	$269.5M	$397.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5235	−0.034%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5198	−0.278%	$4.8M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5231	−0.057%	$662K	$114.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5240	−0.004%	$1.1M	$36.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5204	−0.238%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5245	+0.031%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5241	+0.005%	$65K	$508K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5241	+0.002%	$41K	$71K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5239	−0.008%	$76K	$685K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5247	+0.041%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5241	+0.005%	$30K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5238	−0.016%	$49.8M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5242	+0.012%	$54.6M	$32.5M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5206	−0.225%	$1.6M	$5K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5247	+0.045%	$475K	$54K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5235	−0.033%	$2.1M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5240	−0.001%	$59K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0112%	1h	1.5248	+0.051%	$9K	$2K	10x	as long as short
Hibachi XRP/USDT-P	+0.0136%	1h	1.5247	+0.042%	$17K	$79K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5247	+0.044%	$5.7M	$48.5M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0190%	1h	1.5254	+0.090%	$2.0M	$1.4M	25x	as long as short
Hyperliquid XRP	+0.0216%	1h	1.5253	+0.084%	$290.8M	$265.6M	20x	as long as short
Reya XRPRUSDPERP	+0.0219%	1h	1.5249	+0.057%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDTshort	+0.0220%	8h	1.5245	+0.031%	$23.7M	$78.4M	125x
Kalshi KXXRPPERP	+0.0225%	8h	1.5245	+0.031%	$1.8M	$35.2M	2.9x	as long as short
RISEx XRP/USDC	+0.0316%	1h	1.5243	+0.020%	$529K	$806K	10x	as long as short
Aftermath Perps XRPUSD	+0.0657%	1h	1.5232	−0.053%	$2K	$16K	10x	as long as short