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 Gate+0.073%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)−0.275%−$28 · spread now +0.073%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.060% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XRP_USDT | 1.5141 | 0.0100 | pay 0.0100% / 8h | 4h 16m | $369.0M | $154.3M | 100x |
| Short | BloFin XRP-USDT | 1.5152 | 0.0220 | get 0.0220% / 8h | 4h 16m | $24.2M | $76.1M | 125x |
Gate XRP_USDT
BloFin XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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: +0.073% → +0.013%
- $5.96
- Slippage, 4 orders
- −$8.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$4.03
- Costs to cover
- 0.352%
- Break-even
- 8.1 days
Slippage from Gate: live order book, 3 min ago; BloFin: 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 Gate live order book, 3 min ago | 0.33 bp | 10.9 bp −$11 | 14.0 bp −$140 | 30.8 bp −$3,076 | 42.4 bp −$21.2K |
| Sell BloFin live order book, 3 min ago | 0.33 bp | 7.0 bp −$7 | 7.3 bp −$73 | 9.5 bp −$949 | 17.6 bp −$8,800 |
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 | 1.5143 | +0.013% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5151 | +0.067% | $14.3M | $73.8M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5141 | +0.002% | $1.1M | $111K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5150 | +0.059% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5154 | +0.086% | $7.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5136 | −0.033% | $253K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.767% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0044% / S +0.0024% | 1h | 1.5150 | +0.057% | $790K | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0088% | 8h | 1.5148 | +0.046% | $62K | $934K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5145 | +0.026% | $2.8M | $14.6M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Orderly PERP_XRP_USDC
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 | 1.5145 | +0.026% | $498K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5137 | −0.026% | $11K | $329K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5138 | −0.021% | $1.1M | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5152 | +0.073% | $280.3M | $227.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5142 | +0.007% | $38.3M | $83.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5143 | +0.013% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5142 | +0.007% | $534.1M | $2.12B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5139 | −0.013% | $346.8M | $934.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5140 | −0.007% | $126.0M | $873.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5132 | −0.059% | $564K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5144 | +0.020% | $110K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5174 | +0.218% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDTlong | +0.0100% | 8h | 1.5141 | long leg | $369.0M | $154.3M | 100x | |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5133 | −0.053% | $290.1M | $901.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5141 | −0.002% | $108.0M | $174.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5138 | −0.020% | $267.9M | $384.9M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5138 | −0.020% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5167 | +0.170% | $5.1M | $37.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5159 | +0.119% | $660K | $108.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5139 | −0.015% | $1.1M | $36.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5164 | +0.152% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5139 | −0.013% | $44K | $454K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5134 | −0.047% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5150 | +0.061% | $815K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5151 | +0.067% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5153 | +0.079% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5150 | +0.059% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5153 | +0.079% | $54.0M | $30.9M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5142 | +0.005% | $472K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5142 | +0.005% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5138 | −0.017% | $2.0M | $6.8M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5146 | +0.033% | $8K | $8K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5149 | +0.055% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0180% | 1h | 1.5162 | +0.139% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5154 | +0.086% | $5.6M | $47.0M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0200% | 1h | 1.5150 | +0.061% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5136 | −0.032% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDTshort | +0.0220% | 8h | 1.5152 | +0.073% | $24.2M | $76.1M | 125x | |
| Kalshi KXXRPPERP | +0.0314% | 8h | 1.5157 | +0.106% | $2.1M | $34.6M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5147 | +0.036% | $516K | $774K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0669% | 1h | 1.5158 | +0.112% | $2K | $15K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
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
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
Vest XRP-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD