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: HTX against BloFin−0.019%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.019%, 7d avg −0.051%
=The price spread pays, funding is against you. HTX is 0.032% dearer against BloFin than usual: you sell high and buy low (spread −0.019% now, against its 7-day average of −0.051%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.108% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XRP-USDT | 1.5176 | 0.0220 | pay 0.0220% / 8h | 3h 41m | $24.1M | $76.0M | 125x |
| Short | HTX XRP-USDT | 1.5173 | 0.0100 | get 0.0100% / 8h | 3h 41m | $49.6M | $15.7M | 75x |
BloFin XRP-USDT
HTX XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: −0.019% → −0.051%
- $3.21
- Slippage, 4 orders
- −$10.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$56.83
- Costs to cover
- 0.348%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; HTX: live order book, 3 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, 3 min ago | 2.30 bp | 8.3 bp −$8 | 8.6 bp −$86 | 10.6 bp −$1,057 | 19.5 bp −$9,728 |
| Sell HTX live order book, 3 min ago | 0.03 bp | 9.1 bp −$9 | 12.5 bp −$125 | 30.5 bp −$3,046 | 106.4 bp −$53.2K |
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 | 1.5164 | −0.079% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5159 | −0.109% | $1.1M | $111K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5172 | −0.027% | $261K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0022% | 1h | 1.5182 | +0.039% | $14.4M | $74.2M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.530% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0052% / S +0.0013% | 1h | 1.5172 | −0.026% | $778K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0079% | 1h | 1.5186 | +0.066% | $7.8M | $25.6M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5186 | +0.066% | $2.8M | $14.6M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5186 | +0.066% | $498K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5161 | −0.099% | $12K | $343K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5177 | +0.007% | $62K | $934K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5162 | −0.096% | $1.0M | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5176 | 0.000% | $38.3M | $84.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5161 | −0.099% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5180 | +0.028% | $533.3M | $2.14B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5183 | +0.046% | $346.0M | $942.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5181 | +0.033% | $127.0M | $886.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5151 | −0.165% | $564K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5163 | −0.086% | $118K | $688K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5203 | +0.178% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5180 | +0.026% | $370.6M | $154.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5177 | +0.007% | $292.7M | $900.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5182 | +0.040% | $108.9M | $176.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5177 | +0.007% | $268.8M | $388.9M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5173 | −0.020% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5173 | −0.021% | $4.9M | $38.2M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5203 | +0.178% | $661K | $109.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5201 | +0.164% | $1.1M | $36.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5209 | +0.217% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5168 | −0.053% | $44K | $476K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5172 | −0.026% | $41K | $69K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5180 | +0.029% | $817K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5186 | +0.068% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5184 | +0.053% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDTshort | +0.0100% | 8h | 1.5173 | −0.019% | $49.6M | $15.7M | 75x | |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5180 | +0.026% | $54.1M | $31.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5157 | −0.127% | $473K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5166 | −0.064% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5176 | +0.001% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5178 | +0.014% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5163 | −0.086% | $8K | $8K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5187 | +0.072% | $5.6M | $47.6M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0217% | 1h | 1.5169 | −0.045% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDTlong | +0.0220% | 8h | 1.5176 | long leg | $24.1M | $76.0M | 125x | |
| Hibachi XRP/USDT-P | +0.0256% | 1h | 1.5170 | −0.038% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0279% | 8h | 1.5178 | +0.013% | $2.0M | $35.1M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0281% | 1h | 1.5193 | +0.112% | $2.0M | $1.4M | 25x | as long as short |
| Hyperliquid XRP | +0.0316% | 1h | 1.5195 | +0.125% | $292.1M | $235.4M | 20x | as long as short |
| RISEx XRP/USDC | +0.0358% | 1h | 1.5165 | −0.074% | $516K | $774K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5170 | −0.040% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0669% | 1h | 1.5191 | +0.102% | $2K | $15K | 10x | as long as short |
Orderly PERP_XRP_USDC
Nado XRP-PERP
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
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
Phemex XRPUSDT
Paradex XRP-USD-PERP
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD