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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.8% APRpaid last 24h −0.005%
Price spread now: Reya against BloFin−0.050%46s7-day average −0.025% · 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)+0.017%+$2 on $10k
Price spread, last 3 days (all we have)+0.147%+$15 · spread now −0.050%, 7d avg −0.025%
Together, before fees+0.164%+ Points / potential airdropReya: Active · farm board+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Reya is 0.025% cheaper against BloFin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.025%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.53670.0220pay 0.0220% / 8h20m 29s$24.3M$74.8M125x
ShortReya XRPRUSDPERP1.53590.0212get 0.0027% / 1h20m 29s$1.4M$8K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against BloFin. 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
−$1.6
Price spread: −0.050% → −0.025%
−$2.5
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
−$22.1
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 4 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 BloFin live order book, 4 min ago0.65 bp6.7 bp −$76.9 bp −$6910.5 bp −$1,05322.4 bp −$11.2K
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%1h1.53670.000%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5366−0.004%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5370+0.020%$68K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5360−0.044%$266K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0005% / S +0.0096%1h1.5360−0.045%$844K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0010%1h1.5361−0.039%$9.4M$25.6M50xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5359−0.050%$15.0M$69.6M50xas long as short
Orderly PERP_XRP_USDC+0.0059%8h1.5363−0.026%$75K$910K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+1.256%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5376+0.056%$2.9M$13.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5377+0.065%$440K$3.2M20xas long as short
Nado XRP-PERP+0.0100%1h1.5359−0.049%$1.1M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5365−0.012%$39.1M$81.6M100xas long as short
Pacifica XRP+0.0100%1h1.5368+0.007%$632K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5363−0.026%$546.6M$2.04B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5361−0.039%$341.9M$924.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5361−0.039%$125.3M$879.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5356−0.072%$572K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5370+0.020%$117K$758K20xas long as short
Bulk XRP-USD+0.0100%1h1.5410+0.280%$1.7M$572K20xas long as short
Gate XRP_USDT+0.0100%8h1.5362−0.033%$361.4M$147.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5363−0.026%$296.7M$887.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5364−0.021%$110.2M$165.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5360−0.046%$267.3M$375.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5363−0.026%$121.8Mas long as short
Variational Omni XRP+0.0100%8h1.5364−0.017%$11.5M$30.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5360−0.043%$667K$105.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5364−0.020%$1.1M$40.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5364−0.020%$1.0M$900K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5366−0.007%$47K$455K20xas long as short
Bullet XRP-USD+0.0100%1h1.5364−0.020%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5360−0.044%$827K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5365−0.014%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5361−0.039%$31K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5366−0.008%$50.4M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5365−0.013%$54.7M$29.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5368+0.004%$479K$54K50xas long as short
Vest XRP-PERP+0.0100%1h1.5363−0.028%$10K10xas long as short
Katana Perps XRP-USD+0.0101%8h1.5366−0.007%$12K$269K20xas long as short
Extended XRP-USD+0.0104%1h1.5362−0.035%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5358−0.057%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5370+0.020%$8K$8K10xas long as short
Reya XRPRUSDPERPshort+0.0212%1h1.5359−0.050%$1.4M$8K15x
BloFin XRP-USDTlong+0.0220%8h1.5367long leg$24.3M$74.8M125x
Coinbase International XRP-PERP-INTX+0.0224%1h1.5366−0.007%$5.8M$47.1M50xas long as short
Backpack XRP_USDC_PERP+0.0258%1h1.5376+0.059%$1.7M$1.0M25xas long as short
Hibachi XRP/USDT-P+0.0272%1h1.5378+0.072%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0308%8h1.5371+0.026%$2.0M$34.5M2.9xas long as short
Hyperliquid XRP+0.0587%1h1.5378+0.072%$293.5M$213.4M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5376+0.061%$500K$638K10xas long as short
Aftermath Perps XRPUSD+0.0781%1h1.5382+0.101%$1K$11K10xas long as short