XRP funding rates and arbitrage
Updated 2026-11-11 22:52 UTC
Best XRP arbitrage after every cost
| Coin | Pair | Long | Short | Net · 168 h | Net APR | Max size | Status |
|---|---|---|---|---|---|---|---|
| XRP | Perp ↔ perp | Bitget XRPUSDT | Kraken PF_XRPUSD | — | — | — | Watch |
| XRP | Perp ↔ perp | Aster XRPUSDT | Kraken PF_XRPUSD | — | — | — | Watch |
| XRP | Perp ↔ perp | BloFin XRP-USDT | Kraken PF_XRPUSD | — | — | — | Watch |
| XRP | Perp ↔ perp | Gate XRP_USDT | Kraken PF_XRPUSD | — | — | — | 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 | XRP/USDT-P | 0.0033% | 1 h | +28.9% | +45.5% | $71.4K | 2026-11-11 23:00 |
| Kraken | PF_XRPUSD | 0.0028% | 1 h | +24.6% | +6.3% | $12.8M | 2026-11-11 23:00 |
| Bitunix | XRPUSDT | 0.0127% | 8 h | +13.9% | +15.0% | — | 2026-11-12 00:00 |
| Extended | XRP-USD | 0.0013% | 1 h | +11.4% | +10.7% | $1.1M | 2026-11-11 23:00 |
| Pacifica | XRP | 0.0013% | 1 h | +10.9% | +11.0% | $322.2K | 2026-11-11 23:00 |
| Bulk | XRP-USD | 0.0013% | 1 h | +10.9% | — | $95.2K | 2026-11-11 23:00 |
| Bullet | XRP-USD | 0.0013% | 1 h | +10.9% | — | $78.3K | 2026-11-11 23:00 |
| KuCoin | XRPUSDTM | 0.0100% | 8 h | +10.9% | +7.3% | $88.5M | 2026-11-12 00:00 |
| Ondo Perps | XRP-USD.P | 0.0013% | 1 h | +10.9% | — | $319.8K | 2026-11-11 23:00 |
| Phemex | XRPUSDT | 0.0100% | 8 h | +10.9% | — | $43.8M | 2026-11-12 00:00 |
| Phemex | XRPUSDC | 0.0100% | 8 h | +10.9% | — | $1.7M | 2026-11-12 00:00 |
| WhiteBIT | XRP_PERP | 0.0100% | 8 h | +10.9% | +10.3% | $74.3M | 2026-11-12 00:00 |
| ApeX | XRP-USDT | 0.0013% | 1 h | +10.9% | +10.8% | $749.6K | 2026-11-11 23:00 |
| HTX | XRP-USDT | 0.0100% | 8 h | +10.9% | +11.0% | $21.7M | 2026-11-12 00:00 |
| Nado | XRP-PERP_USDT0 | 0.0013% | 1 h | +10.9% | +11.0% | $588.2K | 2026-11-11 23:00 |
| PopDEX | XRPUSDT | 0.0013% | 1 h | +10.9% | +11.0% | — | 2026-11-11 23:00 |
| GRVT | XRP_USDT_Perp | 0.0100% | 8 h | +10.9% | +11.0% | $618.4K | 2026-11-12 00:00 |
| TXFlow | XRP-USDC | 0.0013% | 1 h | +10.9% | — | $349.7K | 2026-11-11 23:00 |
| Arcus | XRP-USD | 0.0013% | 1 h | +10.9% | +10.6% | $131.9K | 2026-11-11 23:00 |
| Variational | XRP-PERP | 0.0100% | 8 h | +10.9% | +12.7% | $2.1M | 2026-11-12 00:00 |
| Katana Perps | XRP-USD | 0.0099% | 8 h | +10.8% | +11.0% | $10.4K | 2026-11-12 00:00 |
| Aster | XRPUSDT | 0.0098% | 8 h | +10.8% | +9.1% | $28.3M | 2026-11-12 00:00 |
| Lighter RH | XRP | 0.0012% | 1 h | +10.5% | +8.6% | $603K | 2026-11-11 23:00 |
| Lighter | XRP | 0.0012% | 1 h | +10.5% | +6.7% | $2.1M | 2026-11-11 23:00 |
| BingX | XRP-USDT | 0.0095% | 8 h | +10.4% | +9.6% | $25M | 2026-11-12 00:00 |
| OKX | XRP-USDT-SWAP | 0.0095% | 8 h | +10.4% | +6.4% | $81.2M | 2026-11-12 00:00 |
| BloFin | XRP-USDT | 0.0093% | 8 h | +10.2% | +19.1% | $14.4M | 2026-11-12 00:00 |
| Bybit | XRPUSDT | 0.0087% | 8 h | +9.5% | +5.0% | $259.1M | 2026-11-12 00:00 |
| Gate | XRP_USDT | 0.0083% | 8 h | +9.1% | +8.5% | $124.6M | 2026-11-12 00:00 |
| Paradex | XRP-USD-PERP | 0.0081% | 8 h | +8.9% | — | $9K | 2026-11-12 00:00 |
| RISEx | XRP/USDC | 0.0010% | 1 h | +8.7% | — | $534.5K | 2026-11-11 23:00 |
| Bitunix | XRPUSDC | 0.0076% | 8 h | +8.3% | +8.9% | — | 2026-11-12 00:00 |
| Hyperliquid | XRP | 0.0009% | 1 h | +8.0% | +5.5% | $98.8M | 2026-11-11 23:00 |
| Binance | XRPUSDT | 0.0072% | 8 h | +7.9% | +9.4% | $319.1M | 2026-11-12 00:00 |
| LBank | XRPUSDT | 0.0072% | 8 h | +7.9% | +12.7% | — | 2026-11-12 00:00 |
| WOO X | PERP_XRP_USDT | 0.0072% | 8 h | +7.9% | +9.4% | $44.6K | 2026-11-12 00:00 |
| MEXC | XRP_USDT | 0.0071% | 8 h | +7.8% | +9.4% | $208.5M | 2026-11-12 00:00 |
| Bitget | XRPUSDT | 0.0070% | 8 h | +7.7% | +2.0% | $191.7M | 2026-11-12 00:00 |
| Coinbase Derivatives | XPP-20DEC30-CDE | 0.0006% | 1 h | +5.3% | — | $21M | 2026-11-11 23:00 |
| Bitfinex | tXRPF0:USTF0 | 0.0000% | 8 h | 0.0% | — | $2.6M | 2026-11-12 00:00 |
| Phoenix | XRP | 0.0000% | 1 h | 0.0% | +10.9% | — | 2026-11-11 23:00 |
| dYdX | XRP-USD | -0.0002% | 1 h | −2.0% | −0.1% | $356.2K | 2026-11-11 23:00 |
| Backpack | XRP_USDC_PERP | -0.0008% | 1 h | −6.7% | −3.9% | $1M | 2026-11-11 23:00 |
| Crypto.com | XRPUSD-PERP | -0.0008% | 1 h | −7.2% | −3.1% | $1.1M | 2026-11-11 23:00 |
Borrow XRP to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| OKX | 1.01% | — |
| Bitget | 1.08% | — |
| Bybit | 3.24% | — |
| Binance | 3.42% | — |
| Gate | 4.00% | $6M |
Cost to enter $10,000 of XRP
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter | XRP | 1.1 bp | order-book snapshot, 45 min old |
| Lighter RH | XRP | 1.4 bp | order-book snapshot, 24 min old |
| MEXC | XRP_USDT | 2.5 bp | order-book snapshot, 11 min old |
| Nado | XRP-PERP_USDT0 | 4.0 bp | order-book snapshot, 33 min old |
| Aster | XRPUSDT | 4.5 bp | order-book snapshot, 52 min old |
| Hyperliquid | XRP | 5.0 bp | order-book snapshot, 4 min old |
| GRVT | XRP_USDT_Perp | 5.4 bp | order-book snapshot, 56 min old |
| Backpack | XRP_USDC_PERP | 5.5 bp * | order-book snapshot, 57 min old |
| Binance | XRPUSDT | 5.5 bp | order-book snapshot, 20 min old |
| Kraken | PF_XRPUSD | 5.5 bp | order-book snapshot, 1 min old |
| Pacifica | XRP | 5.5 bp | order-book snapshot, 43 min old |
| BingX | XRP-USDT | 6.4 bp | order-book snapshot, 8 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 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 +28.9% a year (0.0033% every 1 h); the lowest is Crypto.com at −7.2%. 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.