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 BingX−0.059%51s7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as 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−$290.286% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.157%+$16 on $10k

Price spread, last 4 days (all we have)−0.143%−$14 · spread now −0.059%, 7d avg +0.026%

Together, before fees+0.014%+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.085% cheaper against BingX than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of +0.026%). If the spread goes back, that is −$9 on $10k: about 2.4 days of funding at the current rate (+$4 a day). The two prices were read 51 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	BingX XRP-USDC	1.5168	0.0100	pay 0.0100% / 8h	4h 40m	—	$4.2M	—
Short	BloFin XRP-USDT	1.5159	0.0220	get 0.0220% / 8h	4h 40m	$24.2M	$76.1M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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 BingXbpFee BloFinbpOrdersPrice spread, now −0.059%Rate

Funding earned: $25.2
Price spread: −0.059% → +0.026%: −$8.51
Slippage, 4 orders: −$6.65
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$11.95
Costs to cover: 0.286%
Break-even: 10.3 days

Slippage from BingX: live order book, 10 min ago; BloFin: live order book, 4 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 BingX live order book, 10 min ago	0.66 bp	8.5 bp −$9	12.7 bp −$127	24.1 bp −$2,413	59.2 bp −$29.6K
Sell BloFin live order book, 4 min ago	0.99 bp	7.0 bp −$7	8.7 bp −$87	14.3 bp −$1,430	26.3 bp −$13.1K

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	1.5179	+0.073%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0071%	1h	1.5162	−0.042%	$14.3M	$73.8M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5172	+0.028%	$1.1M	$114K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5150	−0.119%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5165	−0.020%	$253K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.584%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0039% / S +0.0030%	1h	1.5168	−0.003%	$789K	—	200x	as long as short
01 Exchange XRPUSD	+0.0064%	1h	1.5184	+0.105%	$8K	$8K	10x	as long as short
Orderly PERP_XRP_USDC	+0.0080%	8h	1.5168	0.000%	$62K	$935K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0080%	1h	1.5170	+0.013%	$7.7M	$25.6M	50x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XRP	+0.0096%	1h	1.5163	−0.032%	$2.8M	$14.6M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5165	−0.020%	$510K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0097%	8h	1.5171	+0.020%	$10K	$321K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5177	+0.063%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5184	+0.105%	$281.9M	$225.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5178	+0.066%	$38.4M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5181	+0.083%	$609K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5166	−0.011%	$534.4M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5165	−0.020%	$345.1M	$931.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5170	+0.013%	$126.1M	$875.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5133	−0.231%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5121	−0.310%	$113K	$717K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5146	−0.147%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5172	+0.026%	$370.5M	$153.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5175	+0.046%	$289.9M	$897.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5179	+0.073%	$108.2M	$173.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5166	−0.013%	$268.0M	$384.0M	125x	as long as short
BingX XRP-USDClong	+0.0100%	8h	1.5168	long leg	—	$4.2M	—
Variational Omni XRP	+0.0100%	8h	1.5148	−0.134%	$5.4M	$37.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5151	−0.111%	$658K	$108.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5138	−0.198%	$1.1M	$35.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5142	−0.171%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5171	+0.021%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5178	+0.066%	$43K	$452K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5170	+0.013%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5170	+0.011%	$816K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5169	+0.009%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5166	−0.013%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5159	−0.062%	$49.6M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5159	−0.059%	$54.1M	$30.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5178	+0.068%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5165	−0.022%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5170	+0.011%	$58K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0164%	1h	1.5170	+0.013%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0168%	1h	1.5149	−0.124%	$17K	$82K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5174	+0.040%	$5.6M	$47.2M	50x	as long as short
Reya XRPRUSDPERP	+0.0216%	1h	1.5171	+0.020%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDTshort	+0.0220%	8h	1.5159	−0.059%	$24.2M	$76.1M	125x
Kalshi KXXRPPERP	+0.0316%	8h	1.5174	+0.040%	$2.1M	$34.4M	2.9x	as long as short
RISEx XRP/USDC	+0.0352%	1h	1.5184	+0.106%	$517K	$780K	10x	as long as short
Aftermath Perps XRPUSD	+0.0665%	1h	1.5154	−0.092%	$2K	$15K	10x	as long as short