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 Bybit+0.144%102s7-day average +0.017% · you sell dearer than you buy

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−$250.252% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.184%+$18 on $10k

Price spread, last 3 days (all we have)−0.220%−$22 · spread now +0.144%, 7d avg +0.017%

Together, before fees−0.036%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.127% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 102 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	Bybit XRPUSDT	1.5308	0.0100	pay 0.0100% / 8h	7h 49m	$340.3M	$929.4M	100x
Short	BloFin XRP-USDT	1.5330	0.0220	get 0.0220% / 8h	7h 49m	$23.9M	$74.5M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.144%Rate

Funding earned: $25.2
Price spread: +0.144% → +0.017%: $12.69
Slippage, 4 orders: −$2.17
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: $12.72
Costs to cover: 0.252%
Break-even: 3.5 days

Slippage from Bybit: live order book, 5 min ago; BloFin: 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	0.32 bp	5.8 bp −$6	6.8 bp −$68	13.6 bp −$1,364	24.2 bp −$12.1K
Sell BloFin live order book, 5 min ago	0.32 bp	6.3 bp −$6	6.5 bp −$65	11.7 bp −$1,168	24.7 bp −$12.3K

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	1.5307	−0.007%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5313	+0.031%	$1.1M	$113K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5303	−0.031%	$256K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0010% / S +0.0086%	1h	1.5304	−0.026%	$839K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.646%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0061%	8h	1.5306	−0.013%	$75K	$910K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0077%	1h	1.5310	+0.013%	$9.3M	$25.5M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5311	+0.018%	$2.9M	$13.7M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5313	+0.033%	$511K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5310	+0.013%	$11K	$276K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XRP-USD-PERP	+0.0100%	8h	1.5309	+0.003%	$477K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5313	+0.029%	$1.0M	$5.6M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5306	−0.013%	$38.7M	$83.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5311	+0.021%	$619K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5307	−0.008%	$538.3M	$2.07B	100x	as long as short
Bybit XRPUSDTlong	+0.0100%	8h	1.5308	long leg	$340.3M	$929.4M	100x
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5309	+0.007%	$124.7M	$879.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5320	+0.078%	$572K	$48K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5312	+0.026%	$116K	$709K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5337	+0.189%	$1.7M	$565K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5306	−0.013%	$373.3M	$148.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5309	+0.007%	$295.8M	$894.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5306	−0.010%	$108.6M	$167.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5307	−0.007%	$268.3M	$376.2M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5303	−0.033%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5329	+0.138%	$6.4M	$35.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5392	+0.547%	$668K	$106.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5387	+0.516%	$1.1M	$39.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5333	+0.163%	$1.0M	$906K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5308	+0.002%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5310	+0.013%	$48K	$458K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5307	−0.005%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5306	−0.011%	$824K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5317	+0.060%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5311	+0.020%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5302	−0.040%	$50.2M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5314	+0.039%	$54.5M	$29.8M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5304	−0.024%	$2.1M	$7.2M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5312	+0.026%	$8K	$8K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5305	−0.018%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5307	−0.004%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDTshort	+0.0220%	8h	1.5330	+0.144%	$23.9M	$74.5M	125x
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5317	+0.059%	$5.8M	$46.3M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0244%	1h	1.5319	+0.072%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0244%	1h	1.5308	+0.001%	$14.5M	$70.6M	50x	as long as short
Hibachi XRP/USDT-P	+0.0296%	1h	1.5315	+0.048%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0317%	8h	1.5328	+0.131%	$2.0M	$35.3M	2.9x	as long as short
Hyperliquid XRP	+0.0427%	1h	1.5320	+0.078%	$290.3M	$215.9M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5400	+0.601%	$69K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0796%	1h	1.5348	+0.261%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5313	+0.031%	$506K	$755K	10x	as long as short