XRP

Alert: funding

Alert: spread

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: BloFin against Gate+0.105%93s7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as 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−$310.311% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.176%+$18 on $10k

Price spread, last 4 days (all we have)−0.226%−$23 · spread now +0.105%, 7d avg +0.012%

Together, before fees−0.050%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.093% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.012%. The two prices were read 93 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	Gate XRP_USDT	1.5196	0.0100	pay 0.0100% / 8h	3h 45m	$371.2M	$153.9M	100x
Short	BloFin XRP-USDT	1.5212	0.0220	get 0.0220% / 8h	3h 45m	$24.1M	$76.0M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BloFinbpOrdersPrice spread, now +0.105%Rate

Funding earned: $25.2
Price spread: +0.105% → +0.012%: $9.35
Slippage, 4 orders: −$4.12
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: $3.43
Costs to cover: 0.311%
Break-even: 6.0 days

Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 4 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 Gate live order book, 4 min ago	0.33 bp	9.3 bp −$9	15.9 bp −$159	27.2 bp −$2,719	36.6 bp −$18.3K
Sell BloFin live order book, 4 min ago	0.33 bp	6.3 bp −$6	7.6 bp −$76	14.1 bp −$1,415	22.9 bp −$11.5K

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	1.5203	+0.046%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5203	+0.045%	$1.1M	$111K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5201	+0.033%	$262K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0013%	1h	1.5205	+0.059%	$7.8M	$25.6M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0021%	1h	1.5199	+0.021%	$14.4M	$74.1M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.395%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0051% / S +0.0015%	1h	1.5201	+0.032%	$780K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5200	+0.025%	$2.9M	$14.6M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5201	+0.033%	$498K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5198	+0.013%	$12K	$343K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_XRP_USDC	+0.0099%	8h	1.5203	+0.046%	$62K	$934K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5196	+0.003%	$1.0M	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5197	+0.007%	$38.3M	$84.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5199	+0.020%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5197	+0.007%	$534.3M	$2.14B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5198	+0.013%	$346.7M	$941.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5200	+0.026%	$127.2M	$886.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5193	−0.020%	$566K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5202	+0.039%	$118K	$702K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5181	−0.099%	$1.6M	$49K	20x	as long as short
Gate XRP_USDTlong	+0.0100%	8h	1.5196	long leg	$371.2M	$153.9M	100x
MEXC XRP_USDT	+0.0100%	8h	1.5197	+0.007%	$293.3M	$899.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5199	+0.018%	$108.9M	$176.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5198	+0.013%	$269.1M	$388.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5198	+0.013%	—	$127.4M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5202	+0.038%	$4.9M	$38.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5212	+0.107%	$661K	$109.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5208	+0.080%	$1.1M	$36.7M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5213	+0.112%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5202	+0.037%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5200	+0.026%	$45K	$476K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5203	+0.046%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5205	+0.056%	$818K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5201	+0.035%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5203	+0.046%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5202	+0.041%	$49.7M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5202	+0.039%	$54.2M	$31.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5198	+0.016%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5194	−0.012%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5202	+0.041%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0160%	1h	1.5203	+0.046%	$9K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5207	+0.072%	$5.6M	$47.6M	50x	as long as short
Reya XRPRUSDPERP	+0.0216%	1h	1.5199	+0.021%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDTshort	+0.0220%	8h	1.5212	+0.105%	$24.1M	$76.0M	125x
Hibachi XRP/USDT-P	+0.0256%	1h	1.5206	+0.068%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0277%	8h	1.5212	+0.105%	$2.0M	$35.1M	2.9x	as long as short
Hyperliquid XRP	+0.0302%	1h	1.5216	+0.132%	$292.8M	$234.6M	20x	as long as short
Backpack XRP_USDC_PERP	+0.0303%	1h	1.5209	+0.086%	$2.0M	$1.4M	25x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5203	+0.048%	$518K	$773K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5220	+0.158%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0650%	1h	1.5212	+0.108%	$2K	$15K	10x	as long as short