Funding you earn now, next payment 12:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against Bulk−0.154%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$220.216% of the position
Funding, last 4 days (all we have)+0.131%+$13 on $10k
+Price spread, last 4 days (all we have)+0.152%+$15 · spread now −0.154%, 7d avg −0.018%
=Funding pays, the price is against you. BloFin is 0.135% cheaper against Bulk than usual: you would sell low and buy high (spread −0.154% now, against its 7-day average of −0.018%). If the spread goes back, that is −$14 on $10k: about 3.8 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk XRP-USD | 1.5312 | 0.0100 | pay 0.0013% / 1h | 45m 30s | $1.6M | $66K | 20x |
| Short | BloFin XRP-USDT | 1.5288 | 0.0220 | get 0.0220% / 8h | 4h 45m | $23.8M | $77.3M | 125x |
Bulk XRP-USD
BloFin XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bulk. 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: −0.154% → −0.018%
- −$13.54
- Slippage, 4 orders
- −$2.62
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$9.96
- Costs to cover
- 0.216%
- Break-even
- 9.8 days
Slippage from Bulk: live order book, 2 min ago; BloFin: live order book, 7 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 Bulk live order book, 2 min ago | 0.65 bp | 4.2 bp −$4 | 4.8 bp −$48 | 14.1 bp −$1,410 | 31.5 bp −$15.8K |
| Sell BloFin live order book, 7 min ago | 0.65 bp | 6.7 bp −$7 | 8.3 bp −$83 | 10.8 bp −$1,080 | 20.5 bp −$10.3K |
XRP on 51 exchanges
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 | 1.5360 | +0.317% | $5K | $2K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0077% | 1h | 1.5282 | −0.194% | $13.7M | $68.5M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5295 | −0.108% | $1.1M | $154K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5290 | −0.141% | $68K | $102K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5274 | −0.245% | $7.6M | $19.9M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5267 | −0.291% | $242K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.623% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5299 | −0.082% | $9K | $987 | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0080% | 1h | 1.5294 | −0.112% | $17K | $68K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5291 | −0.135% | $2.7M | $13.5M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Lighter XRPShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5292 | −0.128% | $573K | $3.1M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0096% | 1h | 1.5285 | −0.173% | $5.5M | $41.6M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5292 | −0.129% | $477K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5286 | −0.167% | $10K | $412K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5295 | −0.105% | $849K | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5302 | −0.062% | $297.4M | $261.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5294 | −0.115% | $39.0M | $79.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5295 | −0.111% | $590K | $978K | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5295 | −0.108% | $532.2M | $2.02B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5298 | −0.088% | $361.4M | $854.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5296 | −0.101% | $123.7M | $817.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5259 | −0.343% | $561K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5293 | −0.121% | $161K | $692K | 20x | as long as short |
| Bulk XRP-USDlong | +0.0100% | 1h | 1.5312 | long leg | $1.6M | $66K | 20x | |
| Gate XRP_USDT | +0.0100% | 8h | 1.5293 | −0.121% | $375.8M | $156.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5292 | −0.128% | $316.9M | $879.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5292 | −0.131% | $104.0M | $180.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5295 | −0.108% | $269.7M | $347.2M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5291 | −0.134% | — | $94.9M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5263 | −0.320% | $4.9M | $37.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5240 | −0.465% | $662K | $105.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5289 | −0.147% | $1.1M | $32.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5262 | −0.324% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5295 | −0.107% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5299 | −0.082% | $50K | $471K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5276 | −0.232% | $41K | $64K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5268 | −0.284% | $83K | $602K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5270 | −0.274% | $821K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5278 | −0.217% | $128K | $1.4M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5279 | −0.212% | $30K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5265 | −0.307% | $49.7M | $13.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5282 | −0.193% | $54.6M | $33.2M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5285 | −0.174% | $2.2M | $5.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5263 | −0.320% | $59K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0109% | 8h | 1.5288 | −0.154% | $1.9M | $35.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0157% | 1h | 1.5301 | −0.069% | $2.0M | $1.2M | 25x | as long as short |
| BloFin XRP-USDTshort | +0.0220% | 8h | 1.5288 | −0.154% | $23.8M | $77.3M | 125x | |
| Reya XRPRUSDPERP | +0.0224% | 1h | 1.5290 | −0.142% | $1.4M | $1K | 15x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0261% / S −0.0522% | 1h | 1.5275 | −0.236% | $880K | — | 200x | as long as short |
| RISEx XRP/USDC | +0.0300% | 1h | 1.5297 | −0.092% | $506K | $723K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0391% | 1h | 1.5284 | −0.181% | $3K | $13K | 10x | as long as short |
Lighter RH XRP
Coinbase International XRP-PERP-INTX
Paradex XRP-USD-PERP
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
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
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Reya XRPRUSDPERP
GMX XRP/USD [ETH-USDC]
RISEx XRP/USDC
Aftermath Perps XRPUSD