Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: OKX against BloFin−0.013%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$230.233% of the position
Funding, last 7 days−0.185%−$19 on $10k
+Price spread, last 4 days (all we have)+0.411%+$41 · spread now −0.013%, 7d avg −0.011%
=The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XRP-USDT | 1.5209 | 0.0220 | pay 0.0220% / 8h | 7h 37m | $23.7M | $78.0M | 125x |
| Short | OKX XRP-USDT-SWAP | 1.5207 | 0.0100 | get 0.0100% / 8h | 7h 37m | $126.8M | $854.2M | 100x |
BloFin XRP-USDT
OKX XRP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.013% → −0.011%
- −$0.24
- Slippage, 4 orders
- −$1.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$48.76
- Costs to cover
- 0.233%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; OKX: live order book, 2 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, 7 min ago | 0.33 bp | 6.3 bp −$6 | 7.7 bp −$77 | 11.1 bp −$1,111 | 24.5 bp −$12.3K |
| Sell OKX live order book, 2 min ago | 0.33 bp | 5.3 bp −$5 | 6.7 bp −$67 | 12.9 bp −$1,293 | 30.9 bp −$15.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XRPUSD | −0.0171% | 1h | 1.5211 | +0.011% | $14.7M | $75.3M | 50x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5218 | +0.059% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5216 | +0.047% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5220 | +0.072% | $68K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5213 | +0.026% | $7.7M | $23.8M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5211 | +0.014% | $247K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.308% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0072% | 1h | 1.5204 | −0.035% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5210 | +0.009% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5213 | +0.026% | $620K | $3.1M | 20x | as long as short |
Kraken Futures PF_XRPUSD
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
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 | +0.0100% | 8h | 1.5216 | +0.046% | $20K | $380K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5215 | +0.043% | $995K | $6.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5209 | 0.000% | $38.5M | $84.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5221 | +0.080% | $613K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5208 | −0.010% | $530.1M | $2.18B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5207 | −0.013% | $354.8M | $943.0M | 100x | as long as short |
| OKX XRP-USDT-SWAPshort | +0.0100% | 8h | 1.5207 | −0.013% | $126.8M | $854.2M | 100x | |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5173 | −0.237% | $566K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5225 | +0.105% | $144K | $709K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5201 | −0.053% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5208 | −0.007% | $374.9M | $153.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5210 | +0.007% | $313.3M | $914.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5212 | +0.022% | $106.2M | $183.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5208 | −0.007% | $269.3M | $382.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5210 | +0.007% | — | $108.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5191 | −0.118% | $4.8M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5194 | −0.099% | $662K | $112.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5186 | −0.148% | $1.1M | $33.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5199 | −0.066% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5220 | +0.070% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5219 | +0.066% | $52K | $511K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5216 | +0.048% | $41K | $68K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5213 | +0.026% | $78K | $648K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5214 | +0.033% | $818K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5223 | +0.093% | $128K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5209 | 0.000% | $30K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5211 | +0.013% | $49.7M | $15.2M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5211 | +0.013% | $54.3M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5224 | +0.099% | $475K | $54K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5203 | −0.037% | $2.1M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5211 | +0.013% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0118% / S −0.0083% | 1h | 1.5212 | +0.022% | $789K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0120% | 1h | 1.5221 | +0.079% | $9K | $2K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5210 | +0.007% | $5.5M | $47.8M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0171% | 8h | 1.5224 | +0.099% | $1.7M | $33.3M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0188% | 1h | 1.5223 | +0.092% | $290.9M | $267.2M | 20x | as long as short |
| BloFin XRP-USDTlong | +0.0220% | 8h | 1.5209 | long leg | $23.7M | $78.0M | 125x | |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5213 | +0.028% | $1.3M | $4K | 15x | as long as short |
| Backpack XRP_USDC_PERP | +0.0233% | 1h | 1.5220 | +0.072% | $2.0M | $1.4M | 25x | as long as short |
| RISEx XRP/USDC | +0.0337% | 1h | 1.5224 | +0.100% | $522K | $798K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0549% | 1h | 1.5214 | +0.030% | $3K | $16K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
Ondo Perps XRP-USD.P
Arcus XRP-USD
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
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
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
Reya XRPRUSDPERP
Backpack XRP_USDC_PERP
RISEx XRP/USDC
Aftermath Perps XRPUSD