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: Paradex against BloFin+0.066%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$250.254% of the position
Funding, last 4 days (all we have)−0.116%−$12 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now +0.066%, 7d avg +0.008%
=Together, before fees−0.049%+ Points / potential airdropParadex: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Paradex is 0.059% dearer against BloFin than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of +0.008%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XRP-USDT | 1.5145 | 0.0220 | pay 0.0220% / 8h | 1h 51m | $23.5M | $77.7M | 125x |
| Short | Paradex XRP-USD-PERP | 1.5155 | 0.0100 | get 0.0100% / 8h | 1h 51m | $472K | $55K | 50x |
BloFin XRP-USDT
Paradex XRP-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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: +0.066% → +0.008%
- $5.85
- Slippage, 4 orders
- −$9.44
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$44.79
- Costs to cover
- 0.254%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Paradex: live order book, 57 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, 2 min ago | 0.33 bp | 6.5 bp −$7 | 8.0 bp −$80 | 11.7 bp −$1,170 | 22.0 bp −$11.0K |
| Sell Paradex live order book, 57 min ago | 4.30 bp | 6.3 bp −$6 | 142.9 bp −$1,429 | doesn't fit | doesn't fit |
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 | 1.5138 | −0.046% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5149 | +0.025% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5140 | −0.033% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5123 | −0.145% | $245K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5125 | −0.130% | $14.4M | $75.2M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.740% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5131 | −0.092% | $8K | $8K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0078% / S −0.0025% | 1h | 1.5122 | −0.151% | $797K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0081% | 1h | 1.5129 | −0.106% | $7.7M | $25.1M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5127 | −0.122% | $2.8M | $15.1M | 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
01 Exchange XRPUSD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5128 | −0.112% | $545K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5123 | −0.145% | $12K | $367K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5127 | −0.118% | $994K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5123 | −0.145% | $38.4M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5148 | +0.022% | $603K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5121 | −0.156% | $527.5M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5121 | −0.158% | $343.7M | $966.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5122 | −0.152% | $126.8M | $889.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5129 | −0.106% | $564K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5154 | +0.059% | $143K | $718K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5129 | −0.106% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5121 | −0.158% | $371.9M | $158.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5123 | −0.145% | $297.8M | $917.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5124 | −0.141% | $107.2M | $182.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5120 | −0.165% | $266.2M | $399.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5124 | −0.139% | — | $106.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5135 | −0.067% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5144 | −0.008% | $658K | $114.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5131 | −0.091% | $1.1M | $36.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5156 | +0.073% | $1.2M | $1.2M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5126 | −0.125% | $46K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5123 | −0.144% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5124 | −0.139% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5125 | −0.130% | $814K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5129 | −0.105% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5125 | −0.132% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5151 | +0.040% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5128 | −0.112% | $54.0M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERPshort | +0.0100% | 8h | 1.5155 | +0.066% | $472K | $55K | 50x | |
| Vest XRP-PERP | +0.0100% | 1h | 1.5134 | −0.075% | — | $15K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5118 | −0.176% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5124 | −0.142% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0155% | 1h | 1.5131 | −0.092% | $2.0M | $1.4M | 25x | as long as short |
| Hyperliquid XRP | +0.0162% | 1h | 1.5136 | −0.059% | $288.7M | $264.1M | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5145 | 0.000% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5130 | −0.099% | $5.7M | $48.2M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5120 | −0.163% | $1.3M | $5K | 15x | as long as short |
| Kalshi KXXRPPERP | +0.0219% | 8h | 1.5148 | +0.020% | $1.8M | $35.4M | 2.9x | as long as short |
| BloFin XRP-USDTlong | +0.0220% | 8h | 1.5145 | long leg | $23.5M | $77.7M | 125x | |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5132 | −0.083% | $522K | $796K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0558% | 1h | 1.5147 | +0.016% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
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
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
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
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD