Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.004%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.236% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now +0.004%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XRPUSDT | 1.5100 | 0.0100 | pay 0.0100% / 8h | 5h 53m | $341.2M | $924.4M | 100x |
| Short | Binance XRPUSDT | 1.5101 | 0.0100 | get 0.0100% / 8h | 5h 53m | $535.5M | $2.09B | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: +0.004% → +0.004%
- $0.02
- Slippage, 4 orders
- −$2.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$23.62
- Costs to cover
- 0.236%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 5 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 Bybit live order book, 5 min ago | 0.33 bp | 5.8 bp −$6 | 6.7 bp −$67 | 12.0 bp −$1,204 | 25.2 bp −$12.6K |
| Sell Binance live order book, 5 min ago | 0.33 bp | 5.4 bp −$5 | 7.1 bp −$71 | 13.9 bp −$1,394 | 26.7 bp −$13.3K |
XRP on 50 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 | 1.5089 | −0.073% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5090 | −0.064% | $1.1M | $110K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5130 | +0.199% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5087 | −0.084% | $252K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0025% / S +0.0051% | 1h | 1.5087 | −0.089% | $797K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.046% | $2K | $107K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0075% | 8h | 1.5097 | −0.020% | $62K | $935K | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5088 | −0.079% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5099 | −0.005% | $2.8M | $14.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5097 | −0.020% | $508K | $3.2M | 20x | as long as short |
Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5075 | −0.166% | $9K | $305K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5088 | −0.083% | $983K | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5108 | +0.052% | $279.1M | $219.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5091 | −0.058% | $38.2M | $83.0M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5089 | −0.073% | $606K | $1.1M | 20x | as long as short |
| Binance XRPUSDTshort | +0.0100% | 8h | 1.5101 | +0.004% | $535.5M | $2.09B | 100x | |
| Bybit XRPUSDTlong | +0.0100% | 8h | 1.5100 | long leg | $341.2M | $924.4M | 100x | |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5101 | +0.007% | $124.6M | $860.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5072 | −0.185% | $561K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5092 | −0.053% | $114K | $694K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5087 | −0.089% | $1.6M | $161K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5095 | −0.033% | $368.2M | $150.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5097 | −0.020% | $292.2M | $891.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5097 | −0.020% | $106.3M | $170.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5093 | −0.046% | $266.0M | $379.2M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5091 | −0.060% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5143 | +0.285% | $6.1M | $35.9M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5088 | −0.076% | $655K | $108.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5115 | +0.099% | $1.1M | $35.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5094 | −0.040% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5093 | −0.047% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5084 | −0.106% | $41K | $447K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5091 | −0.061% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5098 | −0.011% | $812K | $75K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5092 | −0.053% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5101 | +0.007% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5088 | −0.082% | $49.4M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5094 | −0.040% | $53.7M | $29.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5089 | −0.070% | $470K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5092 | −0.054% | $2.0M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5098 | −0.015% | $58K | $25K | 3x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0214% | 1h | 1.5104 | +0.026% | $7.7M | $25.1M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5086 | −0.092% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5099 | −0.007% | $5.6M | $46.2M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0219% | 1h | 1.5097 | −0.020% | $1.9M | $1.3M | 25x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0274% | 1h | 1.5097 | −0.020% | $14.4M | $72.8M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0320% | 1h | 1.5139 | +0.261% | $17K | $81K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0356% | 8h | 1.5093 | −0.046% | $2.1M | $34.9M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0484% | 1h | 1.5092 | −0.054% | $525K | $787K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0751% | 1h | 1.5112 | +0.076% | $2K | $14K | 10x | as long as short |
Bybit XRPUSDT
Binance XRPUSDT
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Deribit XRP_USDC-PERPETUAL
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kraken Futures PF_XRPUSD
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD