Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against Bybit−0.003%7-day average +0.016% · 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−$22as in the Price arb table
costs, in and out, $10k−$200.198% of the position
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now −0.003%, 7d avg +0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XRPUSDT | 1.5165 | 0.0100 | pay 0.0100% / 8h | 3h 19m | $344.9M | $945.2M | 100x |
| Short | Bulk XRP-USD | 1.5164 | 0.0100 | get 0.0013% / 1h | 19m 29s | $1.6M | $49K | 20x |
Bybit XRPUSDT
Bulk XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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: −0.003% → +0.016%
- −$1.88
- Slippage, 4 orders
- −$1.84
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$21.72
- Costs to cover
- 0.198%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Bulk: 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 Bybit live order book, 5 min ago | 0.33 bp | 5.9 bp −$6 | 7.0 bp −$70 | 12.9 bp −$1,292 | 26.1 bp −$13.0K |
| Sell Bulk live order book, 5 min ago | 0.33 bp | 3.8 bp −$4 | 4.7 bp −$47 | 7.6 bp −$764 | 17.5 bp −$8,765 |
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 | 1.5188 | +0.152% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5159 | −0.042% | $1.1M | $115K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5184 | +0.125% | $259K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0013% | 1h | 1.5186 | +0.138% | $7.8M | $25.5M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0022% | 1h | 1.5181 | +0.105% | $14.5M | $74.6M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.605% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0054% / S +0.0009% | 1h | 1.5184 | +0.122% | $779K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5168 | +0.019% | $2.9M | $14.7M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5170 | +0.033% | $496K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5165 | 0.000% | $9K | $350K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5161 | −0.025% | $984K | $6.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5162 | −0.020% | $38.9M | $85.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5157 | −0.052% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5162 | −0.020% | $535.4M | $2.16B | 100x | as long as short |
| Bybit XRPUSDTlong | +0.0100% | 8h | 1.5165 | long leg | $344.9M | $945.2M | 100x | |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5167 | +0.013% | $126.3M | $883.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5187 | +0.145% | $564K | $27K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5171 | +0.040% | $137K | $721K | 20x | as long as short |
| Bulk XRP-USDshort | +0.0100% | 1h | 1.5164 | −0.003% | $1.6M | $49K | 20x | |
| Gate XRP_USDT | +0.0100% | 8h | 1.5159 | −0.040% | $372.3M | $156.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5155 | −0.066% | $295.2M | $906.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5162 | −0.023% | $109.3M | $177.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5163 | −0.013% | $269.3M | $390.2M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5153 | −0.079% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5187 | +0.144% | $4.9M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5180 | +0.102% | $659K | $110.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5170 | +0.032% | $1.1M | $36.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5199 | +0.224% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5166 | +0.007% | $46K | $478K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5183 | +0.119% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5185 | +0.132% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5186 | +0.137% | $817K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5184 | +0.126% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5184 | +0.125% | $30K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5186 | +0.135% | $49.6M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5180 | +0.099% | $54.0M | $31.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5158 | −0.045% | $473K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5165 | −0.003% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5159 | −0.038% | $2.0M | $6.7M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5183 | +0.118% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5172 | +0.046% | $8K | $8K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5188 | +0.152% | $5.8M | $48.0M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0217% | 1h | 1.5160 | −0.032% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5181 | +0.106% | $24.2M | $75.8M | 125x | as long as short |
| Backpack XRP_USDC_PERP | +0.0256% | 1h | 1.5184 | +0.125% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0272% | 1h | 1.5191 | +0.169% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0277% | 8h | 1.5186 | +0.138% | $1.9M | $35.2M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0358% | 1h | 1.5168 | +0.021% | $516K | $776K | 10x | as long as short |
| Hyperliquid XRP | +0.0411% | 1h | 1.5184 | +0.125% | $298.6M | $251.1M | 20x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5190 | +0.165% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0644% | 1h | 1.5187 | +0.142% | $2K | $15K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance 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-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
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
Paradex XRP-USD-PERP
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
RISEx XRP/USDC
Hyperliquid XRP
Phoenix XRP
Aftermath Perps XRPUSD