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: Gate against BloFin+0.026%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$330.325% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.026%, 7d avg −0.009%
=The price spread pays, funding is against you. Gate is 0.035% dearer against BloFin than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.009%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XRP-USDT | 1.5198 | 0.0220 | pay 0.0220% / 8h | 1h 00m | $23.7M | $77.9M | 125x |
| Short | Gate XRP_USDT | 1.5202 | 0.0100 | get 0.0100% / 8h | 1h 00m | $378.2M | $162.4M | 100x |
BloFin XRP-USDT
Gate XRP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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: +0.026% → −0.009%
- $3.53
- Slippage, 4 orders
- −$5.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$54.18
- Costs to cover
- 0.325%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Gate: 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 BloFin live order book, 3 min ago | 0.33 bp | 6.3 bp −$6 | 7.7 bp −$77 | 11.2 bp −$1,121 | 21.9 bp −$11.0K |
| Sell Gate live order book, 3 min ago | 0.33 bp | 10.7 bp −$11 | 13.5 bp −$135 | 28.1 bp −$2,815 | 39.4 bp −$19.7K |
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 | 1.5227 | +0.191% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5193 | −0.032% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5220 | +0.145% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5200 | +0.013% | $246K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0024% | 1h | 1.5199 | +0.007% | $14.5M | $74.3M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.382% | $2K | $107K | 30x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0079% | 1h | 1.5207 | +0.059% | $7.8M | $24.4M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0093% / S −0.0049% | 1h | 1.5200 | +0.010% | $784K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5198 | −0.003% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5197 | −0.007% | $545K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Deribit XRP_USDC-PERPETUAL
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5201 | +0.020% | $10K | $370K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5210 | +0.082% | $1.0M | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5196 | −0.013% | $38.5M | $87.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5197 | −0.005% | $615K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5196 | −0.013% | $533.2M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5199 | +0.007% | $348.6M | $961.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5202 | +0.026% | $129.4M | $883.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5193 | −0.033% | $565K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5212 | +0.092% | $145K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5195 | −0.017% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDTshort | +0.0100% | 8h | 1.5202 | +0.026% | $378.2M | $162.4M | 100x | |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5201 | +0.020% | $312.4M | $934.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5195 | −0.022% | $107.6M | $183.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5200 | +0.013% | $268.8M | $395.7M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5198 | 0.000% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5187 | −0.073% | $4.8M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5224 | +0.170% | $661K | $114.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5219 | +0.138% | $1.1M | $35.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5227 | +0.191% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5210 | +0.081% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5205 | +0.046% | $50K | $510K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5194 | −0.026% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5204 | +0.039% | $75K | $686K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5224 | +0.172% | $819K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5215 | +0.110% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5202 | +0.026% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5191 | −0.049% | $49.6M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5197 | −0.007% | $54.4M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5207 | +0.061% | $474K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5197 | −0.004% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5201 | +0.023% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0120% | 1h | 1.5211 | +0.086% | $9K | $2K | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0128% | 1h | 1.5207 | +0.056% | $17K | $79K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0170% | 1h | 1.5203 | +0.033% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5207 | +0.059% | $5.7M | $48.2M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0216% | 8h | 1.5208 | +0.066% | $1.8M | $34.7M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0219% | 1h | 1.5208 | +0.066% | $289.8M | $266.9M | 20x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5200 | +0.010% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDTlong | +0.0220% | 8h | 1.5198 | long leg | $23.7M | $77.9M | 125x | |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5211 | +0.085% | $529K | $806K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0710% | 1h | 1.5220 | +0.143% | $2K | $16K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
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
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD