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 KuCoin−0.208%95s7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$7as 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−$280.278% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.207%+$21 on $10k

Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.208%, 7d avg −0.005%

Together, before fees+0.360%+$36 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.204% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.208% now, against its 7-day average of −0.005%). If the spread goes back, that is −$20 on $10k: about 5.7 days of funding at the current rate (+$4 a day). The two prices were read 95 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	KuCoin XRPUSDTM	1.5175	0.0100	pay 0.0100% / 8h	33m 29s	$106.3M	$184.0M	75x
Short	BloFin XRP-USDT	1.5143	0.0220	get 0.0220% / 8h	33m 29s	$23.6M	$77.6M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.208%Rate

Funding earned: $25.2
Price spread: −0.208% → −0.005%: −$20.37
Slippage, 4 orders: −$3.79
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$22.96
Costs to cover: 0.278%
Break-even: 13.4 days

Slippage from KuCoin: live order book, 6 min ago; BloFin: live order book, 6 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 KuCoin live order book, 6 min ago	0.03 bp	7.6 bp −$8	9.5 bp −$95	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	0.33 bp	6.3 bp −$6	6.9 bp −$69	11.1 bp −$1,109	17.9 bp −$8,938

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	1.5172	−0.017%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5173	−0.009%	$1.1M	$148K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5167	−0.051%	$245K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5165	−0.063%	$7.8M	$24.1M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.540%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0078%	1h	1.5160	−0.094%	$14.6M	$73.9M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5178	+0.022%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5178	+0.022%	$604K	$3.2M	20x	as long as short
01 Exchange XRPUSD	+0.0096%	1h	1.5178	+0.022%	$8K	$2K	10x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5165	−0.063%	$20K	$383K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5170	−0.027%	$1.0M	$6.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5173	−0.011%	$38.4M	$86.8M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5178	+0.021%	$612K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5170	−0.032%	$530.8M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5165	−0.063%	$349.5M	$956.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5167	−0.050%	$127.9M	$868.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5179	+0.029%	$564K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5178	+0.022%	$143K	$716K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5190	+0.101%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5172	−0.017%	$377.8M	$161.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5173	−0.011%	$309.3M	$924.0M	300x	as long as short
KuCoin XRPUSDTMlong	+0.0100%	8h	1.5175	long leg	$106.3M	$184.0M	75x
Bitget XRPUSDT	+0.0100%	8h	1.5165	−0.063%	$268.0M	$390.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5171	−0.024%	—	$107.6M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5150	−0.165%	$4.9M	$38.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5179	+0.029%	$659K	$113.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5145	−0.195%	$1.1M	$34.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5139	−0.235%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5169	−0.037%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5168	−0.043%	$52K	$513K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5169	−0.037%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5161	−0.090%	$77K	$688K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5140	−0.228%	$814K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5162	−0.085%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5160	−0.096%	$29K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5168	−0.045%	$49.5M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5157	−0.116%	$54.1M	$32.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5177	+0.016%	$473K	$55K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0102% / S −0.0062%	1h	1.5155	−0.130%	$783K	—	200x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5166	−0.057%	$2.1M	$6.9M	50x	as long as short
Hibachi XRP/USDT-P	+0.0104%	1h	1.5168	−0.043%	$17K	$78K	7x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5156	−0.119%	$58K	$25K	3x	as long as short
Hyperliquid XRP	+0.0125%	1h	1.5188	+0.088%	$289.8M	$268.0M	20x	as long as short
Backpack XRP_USDC_PERP	+0.0144%	1h	1.5167	−0.050%	$2.0M	$1.4M	25x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5158	−0.109%	$5.6M	$48.2M	50x	as long as short
Kalshi KXXRPPERP	+0.0188%	8h	1.5169	−0.037%	$1.8M	$34.4M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0220%	1h	1.5164	−0.071%	$1.3M	$4K	15x	as long as short
BloFin XRP-USDTshort	+0.0220%	8h	1.5143	−0.208%	$23.6M	$77.6M	125x
RISEx XRP/USDC	+0.0394%	1h	1.5176	+0.012%	$521K	$807K	10x	as long as short
Phoenix XRP	+0.0526%	1h	1.5150	−0.162%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0647%	1h	1.5188	+0.091%	$2K	$16K	10x	as long as short