Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0112%/8h= +12.2% APRnext payment +$0.14 per $10,000 · paid last 24h +0.031%
Price spread now: Reya against ApeX Omni−0.426%7-day average −0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.102%+$10 on $10k
Price spread, last 3 days (all we have)+0.765%+$76 · spread now −0.426%, 7d avg −0.037%
Together, before fees+0.867%+ Points / potential airdropReya: Active · farm board+$87 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.390% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.426% now, against its 7-day average of −0.037%). If the spread goes back, that is −$39 on $10k: about 12 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni XRPUSDT1.55810.0100pay 0.0013% / 1h13m 20s$1.0M$884K50x
ShortReya XRPRUSDPERP1.55150.0212get 0.0026% / 1h13m 20s$1.4M$9K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$23.44
Price spread: −0.426% → −0.037%
−$38.96
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
−$31.52
Costs to cover
0.160%
Break-even
16.4 days
Slippage unknown: ApeX Omni: live order book, 1 min ago; Reya: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 1 min ago2.90 bp8.2 bp −$813.0 bp −$130doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5538−0.276%$7K$2K20xas long as short
GMX XRP/USD [ETH-USDC]L −0.0002% / S +0.0116%1h1.5516−0.418%$849K200xas long as short
dYdX XRP-USD0.0000%1h1.5532−0.314%$1.1M$113K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5517−0.411%$260K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0008%1h1.5524−0.366%$9.5M$25.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560−0.135%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5521−0.386%$15.5M$68.6M50xas long as short
Orderly PERP_XRP_USDC+0.0054%8h1.5520−0.392%$78K$910K50xas long as short
Lighter XRP+0.0096%1h1.5524−0.368%$3.0M$12.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5540−0.263%$440K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5530−0.324%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5519−0.401%$39.4M$78.7M100xas long as short
Pacifica XRP+0.0100%1h1.5533−0.307%$639K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5519−0.398%$558.4M$1.98B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5519−0.398%$345.4M$901.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5518−0.404%$127.3M$880.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5556−0.160%$579K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5526−0.353%$119K$745K20xas long as short
Bulk XRP-USD+0.0100%1h1.5567−0.092%$1.7M$578K20xas long as short
Gate XRP_USDT+0.0100%8h1.5516−0.417%$373.0M$140.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5518−0.404%$296.4M$862.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5519−0.395%$113.7M$160.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5519−0.398%$271.2M$364.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5517−0.411%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5575−0.041%$11.8M$30.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5570−0.068%$676K$102.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5572−0.060%$1.1M$41.2M20xas long as short
ApeX Omni XRPUSDTlong+0.0100%1h1.5581long leg$1.0M$884K50x
Vest XRP-PERP+0.0100%1h1.5524−0.365%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5521−0.385%$47K$446K20xas long as short
Bullet XRP-USD+0.0100%1h1.5519−0.398%$42K$65K20xas long as short
Derive XRP-PERP+0.0100%1h1.5519−0.397%$835K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5528−0.340%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5522−0.379%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5520−0.389%$51.0M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5522−0.379%$55.2M$29.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5541−0.256%$485K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5526−0.353%$11K$261K20xas long as short
Extended XRP-USD+0.0104%1h1.5518−0.405%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5519−0.395%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0176%1h1.5530−0.327%$8K$8K10xas long as short
Reya XRPRUSDPERPshort+0.0212%1h1.5515−0.426%$1.4M$9K15x
Coinbase International XRP-PERP-INTX+0.0216%1h1.5529−0.334%$5.9M$47.3M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5524−0.366%$24.4M$73.5M125xas long as short
Hibachi XRP/USDT-P+0.0224%1h1.5552−0.184%$18K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0292%1h1.5550−0.199%$1.7M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0325%8h1.5552−0.186%$1.9M$33.1M2.9xas long as short
Phoenix XRP+0.0516%1h1.5560−0.135%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5535−0.295%$509K$630K10xas long as short
Hyperliquid XRP+0.0588%1h1.5535−0.295%$290.3M$204.5M20xas long as short
Aftermath Perps XRPUSD+0.0754%1h1.5552−0.187%$1K$11K10xas long as short