# XRP funding rates and arbitrage

Updated 2026-10-29 17:57 UTC · https://afterfees.xyz/coin/XRP

## Best XRP arbitrage after every cost

| Coin | Pair | Long | Short | Net · 168 h | Net APR | Max size | Status |
|---|---|---|---|---|---|---|---|
| [XRP](https://afterfees.xyz/coin/XRP) | Spot ↔ perp | [Binance](https://afterfees.xyz/venues/binance) XRPUSDT (spot) | [BloFin](https://afterfees.xyz/venues/blofin) XRP-USDT | — | — | — | Watch |
| [XRP](https://afterfees.xyz/coin/XRP) | Perp ↔ perp | [Bitget](https://afterfees.xyz/venues/bitget) XRPUSDT | [BloFin](https://afterfees.xyz/venues/blofin) XRP-USDT | — | — | — | Watch |
| [XRP](https://afterfees.xyz/coin/XRP) | Perp ↔ perp | [Bybit](https://afterfees.xyz/venues/bybit) XRPUSDT | [BloFin](https://afterfees.xyz/venues/blofin) XRP-USDT | — | — | — | Watch |
| [XRP](https://afterfees.xyz/coin/XRP) | Perp ↔ perp | [Aster](https://afterfees.xyz/venues/aster) XRPUSDT | [BloFin](https://afterfees.xyz/venues/blofin) XRP-USDT | — | — | — | Watch |
| [XRP](https://afterfees.xyz/coin/XRP) | Perp ↔ perp | [OKX](https://afterfees.xyz/venues/okx) XRP-USDT-SWAP | [BloFin](https://afterfees.xyz/venues/blofin) XRP-USDT | — | — | — | Watch |
| [XRP](https://afterfees.xyz/coin/XRP) | Perp ↔ perp | [BingX](https://afterfees.xyz/venues/bingx) XRP-USDT | [BloFin](https://afterfees.xyz/venues/blofin) XRP-USDT | — | — | — | Watch |
| [XRP](https://afterfees.xyz/coin/XRP) | Perp ↔ perp | [Binance](https://afterfees.xyz/venues/binance) XRPUSDT | [BloFin](https://afterfees.xyz/venues/blofin) XRP-USDT | — | — | — | Watch |

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## XRP funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Hibachi](https://afterfees.xyz/venues/hibachi) | XRP/USDT-P | 0.0036% | 1 h | +31.5% | +29.5% | $35.8K | 2026-10-29 19:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | XRP-USDT | 0.0220% | 8 h | +24.1% | +22.8% | $15.7M | 2026-10-30 00:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | XRPUSDT | 0.0150% | 8 h | +16.4% | +15.4% | — | 2026-10-30 00:00 |
| [RISEx](https://afterfees.xyz/venues/risex) | XRP/USDC | 0.0015% | 1 h | +13.3% | — | $1.2M | 2026-10-29 19:00 |
| [Extended](https://afterfees.xyz/venues/extended) | XRP-USD | 0.0013% | 1 h | +11.4% | +11.1% | $1.6M | 2026-10-29 19:00 |
| [Phemex](https://afterfees.xyz/venues/phemex) | XRPUSDT | 0.0100% | 8 h | +10.9% | — | $49.5M | 2026-10-30 00:00 |
| [Phemex](https://afterfees.xyz/venues/phemex) | XRPUSDC | 0.0100% | 8 h | +10.9% | — | $1.8M | 2026-10-30 00:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | XRPUSDTM | 0.0100% | 8 h | +10.9% | +9.2% | $122M | 2026-10-30 00:00 |
| [Arcus](https://afterfees.xyz/venues/arcus) | XRP-USD | 0.0013% | 1 h | +10.9% | +10.9% | $452.3K | 2026-10-29 19:00 |
| [Nado](https://afterfees.xyz/venues/nado) | XRP-PERP_USDT0 | 0.0013% | 1 h | +10.9% | — | $725.5K | 2026-10-29 19:00 |
| [Bulk](https://afterfees.xyz/venues/bulk) | XRP-USD | 0.0013% | 1 h | +10.9% | — | $142.2K | 2026-10-29 19:00 |
| [PopDEX](https://afterfees.xyz/venues/popdex) | XRPUSDT | 0.0013% | 1 h | +10.9% | +10.9% | — | 2026-10-29 19:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | XRPUSDC | 0.0100% | 8 h | +10.9% | +8.8% | — | 2026-10-30 00:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | XRP_USDT | 0.0100% | 8 h | +10.9% | +9.3% | $306.4M | 2026-10-30 00:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | XRP_PERP | 0.0100% | 8 h | +10.9% | +9.8% | $91.7M | 2026-10-30 00:00 |
| [Backpack](https://afterfees.xyz/venues/backpack) | XRP_USDC_PERP | 0.0013% | 1 h | +10.9% | +9.9% | $1.2M | 2026-10-29 19:00 |
| [Pacifica](https://afterfees.xyz/venues/pacifica) | XRP | 0.0013% | 1 h | +10.9% | +10.2% | $389.7K | 2026-10-29 19:00 |
| [ApeX](https://afterfees.xyz/venues/apex) | XRP-USDT | 0.0013% | 1 h | +10.9% | +10.9% | $2.2M | 2026-10-29 19:00 |
| [OKX](https://afterfees.xyz/venues/okx) | XRP-USDT-SWAP | 0.0100% | 8 h | +10.9% | +8.5% | $90.8M | 2026-10-30 00:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_XRP_USDT | 0.0100% | 8 h | +10.9% | +9.3% | $42.7K | 2026-10-30 00:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | XRPUSDT | 0.0100% | 8 h | +10.9% | — | — | 2026-10-30 00:00 |
| [HTX](https://afterfees.xyz/venues/htx) | XRP-USDT | 0.0100% | 8 h | +10.9% | +11.4% | $29.7M | 2026-10-30 00:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | XRP-USDT | 0.0100% | 8 h | +10.9% | +10.3% | $30M | 2026-10-30 00:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | XRP_USDT_Perp | 0.0100% | 8 h | +10.9% | +11.3% | $989.2K | 2026-10-30 00:00 |
| [Aster](https://afterfees.xyz/venues/aster) | XRPUSDT | 0.0100% | 8 h | +10.9% | +9.6% | $34.1M | 2026-10-30 00:00 |
| [Bullet](https://afterfees.xyz/venues/bullet) | XRP-USD | 0.0013% | 1 h | +10.9% | — | $65.5K | 2026-10-29 19:00 |
| [Variational](https://afterfees.xyz/venues/variational) | XRP-PERP | 0.0100% | 8 h | +10.9% | — | $3.2M | 2026-10-30 00:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | XRP-USDC | 0.0013% | 1 h | +10.9% | — | $785.4K | 2026-10-29 18:00 |
| [Binance](https://afterfees.xyz/venues/binance) | XRPUSDT | 0.0100% | 8 h | +10.9% | +9.3% | $403.8M | 2026-10-30 00:00 |
| [Gate](https://afterfees.xyz/venues/gate) | XRP_USDT | 0.0100% | 8 h | +10.9% | +7.5% | $145.3M | 2026-10-30 00:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | XRP | 0.0013% | 1 h | +10.9% | +10.8% | $226.8M | 2026-10-29 19:00 |
| [Katana Perps](https://afterfees.xyz/venues/katana) | XRP-USD | 0.0100% | 8 h | +10.9% | +11.4% | $9.7K | 2026-10-30 00:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | XRP | 0.0012% | 1 h | +10.5% | +9.9% | $2.2M | 2026-10-29 19:00 |
| [Paradex](https://afterfees.xyz/venues/paradex) | XRP-USD-PERP | 0.0092% | 8 h | +10.1% | — | $11.5K | 2026-10-30 00:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | XRPUSDT | 0.0072% | 8 h | +7.9% | +4.8% | $280.5M | 2026-10-30 00:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | XRPUSDT | 0.0044% | 8 h | +4.8% | +6.6% | $241.5M | 2026-10-30 00:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | XRPUSD-PERP | 0.0002% | 1 h | +1.6% | +3.5% | $1.3M | 2026-10-29 19:00 |
| [Coinbase Derivatives](https://afterfees.xyz/venues/coinbaseus) | XPP-20DEC30-CDE | 0.0001% | 1 h | +0.9% | — | $25.9M | 2026-10-29 19:00 |
| [Bitfinex](https://afterfees.xyz/venues/bitfinex) | tXRPF0:USTF0 | 0.0000% | 8 h | 0.0% | — | $2.5M | 2026-10-30 00:00 |
| [dYdX](https://afterfees.xyz/venues/dydx) | XRP-USD | 0.0000% | 1 h | 0.0% | −0.1% | $601.6K | 2026-10-29 19:00 |
| [Phoenix](https://afterfees.xyz/venues/phoenix) | XRP | 0.0000% | 1 h | 0.0% | −3.6% | — | 2026-10-29 19:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_XRPUSD | -0.0002% | 1 h | −1.7% | +15.9% | $23.4M | 2026-10-29 19:00 |
| [Lighter RH](https://afterfees.xyz/venues/lighterrh) | XRP | -0.0002% | 1 h | −1.8% | +7.1% | $610.6K | 2026-10-29 19:00 |
| [Ondo Perps](https://afterfees.xyz/venues/ondo) | XRP-USD.P | -0.0025% | 1 h | −22.2% | — | $717.3K | 2026-10-29 18:00 |

## Borrow XRP to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| OKX | 1.01% | — |
| Bitget | 1.08% | — |
| Bybit | 3.25% | — |
| Binance | 3.30% | — |
| Gate | 3.36% | $6M |

## Cost to enter $10,000 of XRP

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter | XRP | 0.9 bp | order-book snapshot, 3 min old |
| Lighter RH | XRP | 1.6 bp | order-book snapshot, 56 min old |
| MEXC | XRP_USDT | 2.4 bp | order-book snapshot, 39 min old |
| Extended | XRP-USD | 3.7 bp | order-book snapshot, 2 min old |
| Nado | XRP-PERP_USDT0 | 3.9 bp | order-book snapshot, 5 min old |
| Aster | XRPUSDT | 5.2 bp | order-book snapshot, 16 min old |
| OKX | XRP-USDT-SWAP | 5.4 bp | order-book snapshot, 47 min old |
| Binance | XRPUSDT | 5.4 bp | order-book snapshot, 49 min old |
| Backpack | XRP_USDC_PERP | 5.4 bp * | order-book snapshot, 22 min old |
| Hyperliquid | XRP | 5.6 bp | order-book snapshot, 30 min old |
| GRVT | XRP_USDT_Perp | 5.7 bp | order-book snapshot, 20 min old |
| BingX | XRP-USDT | 5.8 bp | order-book snapshot, 34 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

- [Borrow XRP: rates on every exchange](https://afterfees.xyz/borrow/XRP)

## Questions

**Is XRP funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no XRP pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest XRP funding rate?**

Hibachi at +31.5% a year (0.0036% every 1 h); the lowest is Ondo Perps at −22.2%. 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._