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: BingX against BloFin−0.053%81s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as 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−$310.312% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 4 days (all we have)+0.472%+$47 · spread now −0.053%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.043% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.010%). Swap the legs. The two prices were read 81 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 | BloFin XRP-USDT | 1.5167 | 0.0220 | pay 0.0220% / 8h | 5h 03m | $24.2M | $75.7M | 125x |
| Short | BingX XRP-USDT | 1.5159 | 0.0100 | get 0.0100% / 8h | 5h 03m | — | $126.0M | — |
BloFin XRP-USDT
BingX XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$25.2
- Price spread: −0.053% → −0.010%
- −$4.29
- Slippage, 4 orders
- −$9.22
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$60.71
- Costs to cover
- 0.312%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 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 BloFin live order book, 5 min ago | 3.62 bp | 9.6 bp −$10 | 9.7 bp −$97 | 13.0 bp −$1,298 | 26.9 bp −$13.5K |
| Sell BingX live order book, 5 min ago | 0.66 bp | 6.3 bp −$6 | 7.1 bp −$71 | 9.1 bp −$914 | 15.7 bp −$7,832 |
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 | +0.020% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5173 | +0.039% | $1.1M | $110K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5168 | +0.007% | $7.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5162 | −0.031% | $253K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0032% / S +0.0036% | 1h | 1.5162 | −0.034% | $832K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.591% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0056% | 1h | 1.5170 | +0.020% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0077% | 8h | 1.5163 | −0.026% | $62K | $935K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5142 | −0.163% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5146 | −0.138% | $510K | $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 | −0.033% | $10K | $311K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5166 | −0.007% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5152 | −0.099% | $281.4M | $223.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5164 | −0.018% | $38.3M | $83.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5175 | +0.052% | $609K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5141 | −0.171% | $534.6M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5155 | −0.079% | $345.8M | $931.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5150 | −0.112% | $125.7M | $872.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5169 | +0.013% | $565K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5169 | +0.013% | $114K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5164 | −0.018% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5165 | −0.013% | $368.9M | $154.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5163 | −0.026% | $298.0M | $905.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5166 | −0.004% | $108.3M | $172.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5145 | −0.145% | $268.8M | $381.6M | 125x | as long as short |
| BingX XRP-USDTshort | +0.0100% | 8h | 1.5159 | −0.053% | — | $126.0M | — | |
| Variational Omni XRP | +0.0100% | 8h | 1.5154 | −0.089% | $5.9M | $36.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5173 | +0.038% | $659K | $107.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5183 | +0.105% | $1.1M | $35.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5189 | +0.145% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5164 | −0.017% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5168 | +0.007% | $42K | $450K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5165 | −0.013% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5163 | −0.026% | $816K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5169 | +0.013% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5165 | −0.013% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5165 | −0.013% | $49.6M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5168 | +0.007% | $53.9M | $30.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5169 | +0.014% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5163 | −0.029% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5163 | −0.026% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0175% | 1h | 1.5175 | +0.053% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0192% | 1h | 1.5155 | −0.078% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5161 | −0.039% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5171 | +0.026% | $5.7M | $46.9M | 50x | as long as short |
| BloFin XRP-USDTlong | +0.0220% | 8h | 1.5167 | long leg | $24.2M | $75.7M | 125x | |
| Kraken Futures PF_XRPUSD | +0.0273% | 1h | 1.5167 | +0.002% | $14.4M | $73.5M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0337% | 8h | 1.5178 | +0.073% | $2.1M | $34.6M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0484% | 1h | 1.5172 | +0.030% | $517K | $780K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5190 | +0.152% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0655% | 1h | 1.5182 | +0.100% | $2K | $14K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
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
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
Kraken Futures PF_XRPUSD
Kalshi KXXRPPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD