XRP funding rates and arbitrage
Updated 2026-10-29 13:25 UTC
Best XRP arbitrage after every cost
| Coin | Pair | Long | Short | Net · 168 h | Net APR | Max size | Status |
|---|---|---|---|---|---|---|---|
| XRP | Perp ↔ perp | Bybit XRPUSDT | BloFin XRP-USDT | +$20.10 † | +10.5% | — | Watch |
| XRP | Spot ↔ perp | Binance XRPUSDT (spot) | BloFin XRP-USDT | +$11.09 † | +5.8% | — | Watch |
| XRP | Perp ↔ perp | Bitget XRPUSDT | BloFin XRP-USDT | +$10.92 † | +5.7% | — | Watch |
| XRP | Perp ↔ perp | BingX XRP-USDT | BloFin XRP-USDT | +$0.11 † | +0.1% | — | Watch |
| XRP | Perp ↔ perp | OKX XRP-USDT-SWAP | BloFin XRP-USDT | +$0.11 † | +0.1% | — | Watch |
| XRP | Perp ↔ perp | Bybit XRPUSDT | OKX XRP-USDT-SWAP | −$1.55 † | −0.8% | — | Watch |
| XRP | Perp ↔ perp | Bybit XRPUSDT | BingX XRP-USDT | −$1.55 † | −0.8% | — | Watch |
| XRP | Perp ↔ perp | Binance XRPUSDT | BloFin XRP-USDT | — | — | — | Watch |
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry. † slippage estimated from the top of the book (no live order book for this pair); ‡ before slippage (no order book at all).
XRP funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| RISEx | XRP/USDC | 0.0035% | 1 h | +30.3% | — | $1.3M | 2026-10-29 14:00 |
| Hibachi | XRP/USDT-P | 0.0029% | 1 h | +25.4% | +28.8% | $36.5K | 2026-10-29 14:00 |
| BloFin | XRP-USDT | 0.0220% | 8 h | +24.1% | +21.7% | $16.3M | 2026-10-29 16:00 |
| Bitunix | XRPUSDT | 0.0150% | 8 h | +16.4% | +14.7% | — | 2026-10-29 16:00 |
| Kraken | PF_XRPUSD | 0.0015% | 1 h | +13.1% | +15.8% | $23.2M | 2026-10-29 14:00 |
| Extended | XRP-USD | 0.0013% | 1 h | +11.4% | +11.1% | $1.6M | 2026-10-29 14:00 |
| Ondo Perps | XRP-USD.P | 0.0013% | 1 h | +10.9% | — | $706.5K | 2026-10-29 14:00 |
| Phemex | XRPUSDT | 0.0100% | 8 h | +10.9% | — | $49M | 2026-10-29 16:00 |
| Phemex | XRPUSDC | 0.0100% | 8 h | +10.9% | — | $1.8M | 2026-10-29 16:00 |
| Arcus | XRP-USD | 0.0013% | 1 h | +10.9% | +11.0% | $405.6K | 2026-10-29 14:00 |
| Nado | XRP-PERP_USDT0 | 0.0013% | 1 h | +10.9% | — | $730.9K | 2026-10-29 14:00 |
| Bulk | XRP-USD | 0.0013% | 1 h | +10.9% | — | $137.7K | 2026-10-29 14:00 |
| PopDEX | XRPUSDT | 0.0013% | 1 h | +10.9% | +11.0% | — | 2026-10-29 14:00 |
| Bitunix | XRPUSDC | 0.0100% | 8 h | +10.9% | +8.2% | — | 2026-10-29 16:00 |
| MEXC | XRP_USDT | 0.0100% | 8 h | +10.9% | +8.7% | $294.2M | 2026-10-29 16:00 |
| WhiteBIT | XRP_PERP | 0.0100% | 8 h | +10.9% | +9.6% | $91.8M | 2026-10-29 16:00 |
| Backpack | XRP_USDC_PERP | 0.0013% | 1 h | +10.9% | +9.9% | $1.2M | 2026-10-29 14:00 |
| Pacifica | XRP | 0.0013% | 1 h | +10.9% | +10.3% | $385.6K | 2026-10-29 14:00 |
| ApeX | XRP-USDT | 0.0013% | 1 h | +10.9% | +11.0% | $2.2M | 2026-10-29 14:00 |
| OKX | XRP-USDT-SWAP | 0.0100% | 8 h | +10.9% | +8.0% | $94.9M | 2026-10-29 16:00 |
| WOO X | PERP_XRP_USDT | 0.0100% | 8 h | +10.9% | +8.7% | $42.5K | 2026-10-29 16:00 |
| LBank | XRPUSDT | 0.0100% | 8 h | +10.9% | — | — | 2026-10-29 16:00 |
| HTX | XRP-USDT | 0.0100% | 8 h | +10.9% | +11.1% | $29.7M | 2026-10-29 16:00 |
| BingX | XRP-USDT | 0.0100% | 8 h | +10.9% | +9.9% | $24.6M | 2026-10-29 16:00 |
| GRVT | XRP_USDT_Perp | 0.0100% | 8 h | +10.9% | +11.1% | $996.5K | 2026-10-29 16:00 |
| Aster | XRPUSDT | 0.0100% | 8 h | +10.9% | +9.2% | $33.6M | 2026-10-29 16:00 |
| Bullet | XRP-USD | 0.0013% | 1 h | +10.9% | — | $56.5K | 2026-10-29 14:00 |
| Variational | XRP-PERP | 0.0100% | 8 h | +10.9% | — | $3.2M | 2026-10-29 16:00 |
| Binance | XRPUSDT | 0.0100% | 8 h | +10.9% | +8.7% | $400.2M | 2026-10-29 16:00 |
| Hyperliquid | XRP | 0.0013% | 1 h | +10.9% | +10.8% | $225.1M | 2026-10-29 14:00 |
| Katana Perps | XRP-USD | 0.0100% | 8 h | +10.9% | +11.1% | $8.4K | 2026-10-29 16:00 |
| KuCoin | XRPUSDTM | 0.0099% | 8 h | +10.8% | +8.7% | $121.5M | 2026-10-29 16:00 |
| Paradex | XRP-USD-PERP | 0.0098% | 8 h | +10.8% | — | $11.5K | 2026-10-29 16:00 |
| Lighter RH | XRP | 0.0012% | 1 h | +10.5% | +7.0% | $612.8K | 2026-10-29 14:00 |
| Lighter | XRP | 0.0012% | 1 h | +10.5% | +9.9% | $2.2M | 2026-10-29 14:00 |
| Gate | XRP_USDT | 0.0090% | 8 h | +9.9% | +7.1% | $146M | 2026-10-29 16:00 |
| TXFlow | XRP-USDC | 0.0011% | 1 h | +9.8% | — | $780.1K | 2026-10-29 13:00 |
| Bitget | XRPUSDT | 0.0039% | 8 h | +4.3% | +6.2% | $241.4M | 2026-10-29 16:00 |
| Coinbase Derivatives | XPP-20DEC30-CDE | 0.0002% | 1 h | +1.8% | — | $25.9M | 2026-10-29 14:00 |
| Crypto.com | XRPUSD-PERP | 0.0001% | 1 h | +0.7% | +3.0% | $1.3M | 2026-10-29 14:00 |
| Bybit | XRPUSDT | 0.0001% | 8 h | +0.1% | +5.0% | $283.3M | 2026-10-29 16:00 |
| Bitfinex | tXRPF0:USTF0 | 0.0000% | 8 h | 0.0% | — | $2.5M | 2026-10-29 16:00 |
| dYdX | XRP-USD | 0.0000% | 1 h | 0.0% | −0.1% | $598.9K | 2026-10-29 14:00 |
| Phoenix | XRP | 0.0000% | 1 h | 0.0% | −3.2% | — | 2026-10-29 14:00 |
Borrow XRP to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| OKX | 1.01% | — |
| Bitget | 1.08% | — |
| Binance | 3.27% | — |
| Bybit | 3.35% | — |
| Gate | 3.39% | $6M |
Cost to enter $10,000 of XRP
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter | XRP | 1.1 bp | order-book snapshot, 29 min old |
| Lighter RH | XRP | 1.5 bp | order-book snapshot, 21 min old |
| MEXC | XRP_USDT | 2.4 bp | order-book snapshot, 5 min old |
| Extended | XRP-USD | 2.9 bp | order-book snapshot, 28 min old |
| Nado | XRP-PERP_USDT0 | 3.9 bp | order-book snapshot, 31 min old |
| Aster | XRPUSDT | 4.6 bp | order-book snapshot, 42 min old |
| GRVT | XRP_USDT_Perp | 4.9 bp | order-book snapshot, 46 min old |
| OKX | XRP-USDT-SWAP | 5.4 bp | order-book snapshot, 13 min old |
| Binance | XRPUSDT | 5.4 bp | order-book snapshot, 15 min old |
| Backpack | XRP_USDC_PERP | 5.4 bp * | order-book snapshot, 48 min old |
| Bybit | XRPUSDT | 5.9 bp | live order book |
| Hyperliquid | XRP | 6.0 bp | order-book snapshot, 56 min old |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
More on XRP
Questions
Is XRP funding-rate arbitrage profitable right now?
Not right now. At $10,000 per side for 7 days the best XRP pair (Bybit / BloFin) would net +$20.10 after taker fees, order-book slippage and carry, but it is on watch rather than actionable; the live page shows what holds it back.
Which exchange has the highest XRP funding rate?
RISEx at +30.3% a year (0.0035% every 1 h); the lowest is Phoenix at 0.0%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.