Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against OKX−0.084%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$250.247% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 3 days (all we have)−0.005%$0 · spread now −0.084%, 7d avg +0.018%
=Funding pays, the price is against you. BloFin is 0.102% cheaper against OKX than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of +0.018%). If the spread goes back, that is −$10 on $10k: about 2.8 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XRP-USDT-SWAP | 1.5501 | 0.0100 | pay 0.0100% / 8h | 38m 28s | $126.8M | $885.8M | 100x |
| Short | BloFin XRP-USDT | 1.5488 | 0.0220 | get 0.0220% / 8h | 38m 28s | $24.5M | $74.3M | 125x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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: −0.084% → +0.018%
- −$10.2
- Slippage, 4 orders
- −$2.65
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$9.65
- Costs to cover
- 0.247%
- Break-even
- 9.7 days
Slippage from OKX: live order book, 6 min ago; BloFin: live order book, 6 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 OKX live order book, 6 min ago | 0.32 bp | 5.3 bp −$5 | 5.9 bp −$59 | 13.5 bp −$1,351 | 32.6 bp −$16.3K |
| Sell BloFin live order book, 6 min ago | 0.64 bp | 6.6 bp −$7 | 7.1 bp −$71 | 10.7 bp −$1,074 | 18.3 bp −$9,148 |
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 | 1.5494 | −0.045% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5485 | −0.105% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5550 | +0.316% | $69K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5489 | −0.075% | $259K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0007% / S +0.0103% | 1h | 1.5487 | −0.089% | $852K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0008% | 1h | 1.5490 | −0.071% | $9.6M | $25.4M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5484 | −0.109% | $15.5M | $68.8M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0057% | 8h | 1.5491 | −0.065% | $76K | $909K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +0.381% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5487 | −0.090% | $3.0M | $12.6M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5491 | −0.065% | $441K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5494 | −0.045% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5488 | −0.083% | $39.4M | $80.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5490 | −0.070% | $637K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5503 | +0.013% | $554.4M | $2.02B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5503 | +0.013% | $347.3M | $918.9M | 100x | as long as short |
| OKX XRP-USDT-SWAPlong | +0.0100% | 8h | 1.5501 | long leg | $126.8M | $885.8M | 100x | |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5473 | −0.181% | $578K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5497 | −0.026% | $116K | $754K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5506 | +0.031% | $1.7M | $573K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5493 | −0.052% | $373.3M | $144.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5496 | −0.032% | $296.7M | $873.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5485 | −0.103% | $112.8M | $163.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5489 | −0.077% | $270.3M | $372.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5484 | −0.110% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5522 | +0.133% | $11.6M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5529 | +0.179% | $674K | $103.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5516 | +0.099% | $1.1M | $40.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5524 | +0.148% | $1.0M | $899K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5491 | −0.065% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5504 | +0.019% | $47K | $454K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5490 | −0.068% | $42K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5492 | −0.055% | $834K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5495 | −0.035% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5486 | −0.097% | $32K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5490 | −0.072% | $50.8M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5482 | −0.123% | $55.1M | $29.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5494 | −0.042% | $483K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5500 | −0.006% | $12K | $268K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5487 | −0.091% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5490 | −0.069% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5502 | +0.006% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5487 | −0.092% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDTshort | +0.0220% | 8h | 1.5488 | −0.084% | $24.5M | $74.3M | 125x | |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5493 | −0.052% | $5.9M | $47.4M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0264% | 1h | 1.5494 | −0.048% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0311% | 8h | 1.5508 | +0.045% | $2.0M | $34.1M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0323% | 1h | 1.5492 | −0.058% | $1.7M | $1.0M | 25x | as long as short |
| Hyperliquid XRP | +0.0599% | 1h | 1.5510 | +0.058% | $294.8M | $209.6M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5509 | +0.050% | $504K | $633K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0794% | 1h | 1.5552 | +0.329% | $1K | $11K | 10x | as long as short |
OKX XRP-USDT-SWAP
BloFin XRP-USDT
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
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
Katana Perps XRP-USD
Extended XRP-USD
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD