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: Binance against BloFin+0.040%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$250.253% of the position

Long on BloFin Short on Binance

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)+0.058%+$6 · spread now +0.040%, 7d avg −0.004%

Together, before fees−0.162%−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.044% dearer against BloFin than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of −0.004%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XRP-USDT	1.5159	0.0220	pay 0.0220% / 8h	2h 04m	$23.2M	$77.6M	125x
Short	Binance XRPUSDT	1.5165	0.0100	get 0.0100% / 8h	2h 04m	$527.2M	$2.22B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.040%Rate

Funding earned: −$25.2
Price spread: +0.040% → −0.004%: $4.41
Slippage, 4 orders: −$3.3
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$46.09
Costs to cover: 0.253%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Binance: live order book, 9 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 BloFin live order book, 4 min ago	1.32 bp	7.3 bp −$7	7.7 bp −$77	12.0 bp −$1,198	20.7 bp −$10.4K
Sell Binance live order book, 9 min ago	0.33 bp	5.3 bp −$5	6.4 bp −$64	11.5 bp −$1,153	28.0 bp −$14.0K

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	1.5172	+0.086%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5160	+0.003%	$14.4M	$74.9M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5168	+0.061%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5180	+0.139%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5160	+0.006%	$245K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.645%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0074% / S −0.0019%	1h	1.5160	+0.009%	$799K	—	200x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5159	0.000%	$8K	$8K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0080%	1h	1.5164	+0.033%	$7.7M	$25.3M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5164	+0.033%	$2.8M	$15.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5165	+0.040%	$548K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5155	−0.026%	$11K	$361K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5164	+0.036%	$1.0M	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5163	+0.028%	$38.5M	$87.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5167	+0.052%	$603K	$1.1M	20x	as long as short
Binance XRPUSDTshort	+0.0100%	8h	1.5165	+0.040%	$527.2M	$2.22B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5163	+0.026%	$344.3M	$965.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5160	+0.007%	$126.5M	$890.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5159	0.000%	$564K	$35K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5166	+0.046%	$143K	$717K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5132	−0.179%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5163	+0.026%	$374.7M	$162.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5165	+0.040%	$298.4M	$929.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5166	+0.047%	$107.2M	$181.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5162	+0.020%	$266.5M	$399.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5165	+0.040%	—	$106.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5166	+0.045%	$4.7M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5167	+0.052%	$659K	$114.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5163	+0.026%	$1.1M	$36.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5174	+0.099%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5164	+0.030%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5163	+0.026%	$51K	$488K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5161	+0.016%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5159	0.000%	$62K	$932K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5161	+0.014%	$816K	$73K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5163	+0.026%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5159	0.000%	$29K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5162	+0.022%	$49.5M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5159	0.000%	$54.1M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5167	+0.054%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5161	+0.014%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5158	−0.003%	$58K	$25K	3x	as long as short
Hyperliquid XRP	+0.0145%	1h	1.5175	+0.106%	$289.6M	$264.2M	20x	as long as short
Hibachi XRP/USDT-P	+0.0184%	1h	1.5172	+0.085%	$17K	$82K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5168	+0.059%	$5.7M	$48.6M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0208%	1h	1.5172	+0.086%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERP	+0.0218%	8h	1.5170	+0.073%	$1.7M	$35.5M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5153	−0.038%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDTlong	+0.0220%	8h	1.5159	long leg	$23.2M	$77.6M	125x
RISEx XRP/USDC	+0.0305%	1h	1.5164	+0.030%	$518K	$790K	10x	as long as short
Aftermath Perps XRPUSD	+0.0581%	1h	1.5151	−0.054%	$2K	$16K	10x	as long as short