Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.014%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now +0.014%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XRPUSDT | 1.5191 | 0.0100 | pay 0.0100% / 8h | 7h 40m | $354.6M | $945.4M | 100x |
| Short | Binance XRPUSDT | 1.5193 | 0.0100 | get 0.0100% / 8h | 7h 40m | $529.9M | $2.18B | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: +0.014% → +0.004%
- $0.97
- Slippage, 4 orders
- −$2.17
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.2
- Costs to cover
- 0.232%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: 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 Bybit live order book, 3 min ago | 0.33 bp | 6.7 bp −$7 | 8.4 bp −$84 | 14.8 bp −$1,475 | 28.1 bp −$14.0K |
| Sell Binance live order book, 3 min ago | 0.33 bp | 5.3 bp −$5 | 6.0 bp −$60 | 10.4 bp −$1,043 | 27.9 bp −$13.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XRPUSD | −0.0172% | 1h | 1.5193 | +0.016% | $14.7M | $75.5M | 50x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5222 | +0.204% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5194 | +0.017% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5230 | +0.257% | $68K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5198 | +0.046% | $7.7M | $23.9M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5190 | −0.009% | $247K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.429% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0072% | 1h | 1.5214 | +0.150% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5194 | +0.020% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5198 | +0.046% | $620K | $3.1M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5195 | +0.026% | $20K | $380K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5203 | +0.082% | $994K | $6.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5193 | +0.011% | $38.5M | $84.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5195 | +0.026% | $611K | $1.1M | 20x | as long as short |
| Binance XRPUSDTshort | +0.0100% | 8h | 1.5193 | +0.014% | $529.9M | $2.18B | 100x | |
| Bybit XRPUSDTlong | +0.0100% | 8h | 1.5191 | long leg | $354.6M | $945.4M | 100x | |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5193 | +0.013% | $126.8M | $854.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5204 | +0.086% | $566K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5206 | +0.099% | $143K | $709K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5227 | +0.240% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5196 | +0.033% | $374.8M | $152.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5201 | +0.066% | $311.9M | $913.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5202 | +0.070% | $106.6M | $183.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5191 | 0.000% | $269.2M | $383.5M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5199 | +0.053% | — | $108.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5191 | 0.000% | $4.8M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5218 | +0.175% | $661K | $113.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5210 | +0.125% | $1.1M | $33.6M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5223 | +0.211% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5206 | +0.096% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5200 | +0.059% | $52K | $512K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5198 | +0.049% | $41K | $68K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5196 | +0.033% | $77K | $648K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5195 | +0.024% | $817K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5202 | +0.074% | $128K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5193 | +0.013% | $29K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5206 | +0.097% | $49.6M | $15.2M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5193 | +0.013% | $54.3M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5207 | +0.103% | $474K | $54K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5197 | +0.037% | $2.1M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5192 | +0.010% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0116% / S −0.0080% | 1h | 1.5213 | +0.143% | $789K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0128% | 1h | 1.5200 | +0.059% | $8K | $2K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5200 | +0.059% | $5.6M | $47.7M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0174% | 8h | 1.5202 | +0.072% | $1.7M | $33.3M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0177% | 1h | 1.5205 | +0.092% | $290.4M | $267.9M | 20x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5194 | +0.020% | $23.6M | $77.9M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5195 | +0.028% | $1.3M | $4K | 15x | as long as short |
| Backpack XRP_USDC_PERP | +0.0238% | 1h | 1.5204 | +0.086% | $2.0M | $1.4M | 25x | as long as short |
| RISEx XRP/USDC | +0.0337% | 1h | 1.5202 | +0.074% | $522K | $798K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0549% | 1h | 1.5212 | +0.139% | $3K | $16K | 10x | as long as short |
Bybit XRPUSDT
Binance XRPUSDT
Kraken Futures PF_XRPUSD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
OKX XRP-USDT-SWAP
Bulk 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
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
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
BloFin XRP-USDT
Backpack XRP_USDC_PERP
RISEx XRP/USDC
Aftermath Perps XRPUSD