Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against Binance+0.002%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$190.185% of the position
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 7 days−0.004%$0 · spread now +0.002%, 7d avg +0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XRPUSDT | 1.5164 | 0.0100 | pay 0.0100% / 8h | 5h 04m | $535.4M | $2.10B | 100x |
| Short | Bulk XRP-USD | 1.5164 | 0.0100 | get 0.0013% / 1h | 4m 27s | $1.6M | $49K | 20x |
Binance XRPUSDT
Bulk XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Binance. 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
- $0
- Price spread: +0.002% → +0.013%
- −$1.07
- Slippage, 4 orders
- −$1.54
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$19.61
- Costs to cover
- 0.185%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Bulk: 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 Binance live order book, 10 min ago | 0.33 bp | 5.3 bp −$5 | 6.4 bp −$64 | 12.1 bp −$1,210 | 29.3 bp −$14.6K |
| Sell Bulk live order book, 5 min ago | 0.33 bp | 4.0 bp −$4 | 5.3 bp −$53 | 9.7 bp −$971 | 20.0 bp −$9,983 |
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 | 1.5170 | +0.040% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5173 | +0.060% | $1.1M | $110K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5152 | −0.079% | $7.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5149 | −0.097% | $253K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0031% / S +0.0036% | 1h | 1.5150 | −0.091% | $832K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.612% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0056% | 1h | 1.5170 | +0.040% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0077% | 8h | 1.5150 | −0.092% | $62K | $935K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5175 | +0.075% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5171 | +0.047% | $511K | $3.3M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
01 Exchange XRPUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5162 | −0.013% | $10K | $311K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5166 | +0.013% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5173 | +0.058% | $281.8M | $223.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5176 | +0.080% | $38.3M | $83.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5175 | +0.072% | $609K | $1.1M | 20x | as long as short |
| Binance XRPUSDTlong | +0.0100% | 8h | 1.5164 | long leg | $535.4M | $2.10B | 100x | |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5158 | −0.039% | $345.9M | $931.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5159 | −0.033% | $125.6M | $872.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5169 | +0.033% | $565K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5169 | +0.033% | $114K | $714K | 20x | as long as short |
| Bulk XRP-USDshort | +0.0100% | 1h | 1.5164 | +0.002% | $1.6M | $49K | 20x | |
| Gate XRP_USDT | +0.0100% | 8h | 1.5169 | +0.033% | $369.0M | $154.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5166 | +0.014% | $298.0M | $905.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5166 | +0.014% | $108.3M | $172.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5161 | −0.019% | $269.1M | $381.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5169 | +0.033% | — | $126.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5154 | −0.068% | $5.9M | $36.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5173 | +0.058% | $659K | $107.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5183 | +0.126% | $1.1M | $35.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5189 | +0.165% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5164 | +0.004% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5168 | +0.027% | $42K | $450K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5165 | +0.007% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5151 | −0.083% | $815K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5157 | −0.046% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5154 | −0.065% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5153 | −0.072% | $49.6M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5167 | +0.020% | $53.9M | $30.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5169 | +0.034% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5163 | −0.009% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5149 | −0.098% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0175% | 1h | 1.5175 | +0.073% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0192% | 1h | 1.5155 | −0.058% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5161 | −0.019% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5172 | +0.053% | $5.7M | $46.8M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5167 | +0.020% | $24.2M | $75.7M | 125x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0273% | 1h | 1.5154 | −0.063% | $14.4M | $73.5M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0339% | 8h | 1.5162 | −0.013% | $2.1M | $34.6M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0484% | 1h | 1.5172 | +0.050% | $517K | $780K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5190 | +0.172% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0655% | 1h | 1.5182 | +0.120% | $2K | $14K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
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
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kraken Futures PF_XRPUSD
Kalshi KXXRPPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD