XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.02 per $10,000 · paid last 24h +0.009%

Price spread now: Reya against Coinbase International−0.104%7-day average −0.042% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.064%+$6 on $10k

Price spread, last 3 days (all we have)+0.288%+$29 · spread now −0.104%, 7d avg −0.042%

Together, before fees+0.352%+ Points / potential airdropReya: Active · farm board+$35 on $10k · with fees, hour by hour

Funding pays, the price is against you. Reya is 0.062% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of −0.042%). If the spread goes back, that is −$6 on $10k: about 11 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.064% in total) that is about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International XRP-PERP-INTX	1.5495	0.0192	pay 0.0024% / 1h	11m 08s	$5.7M	$45.1M	50x
Short	Reya XRPRUSDPERP	1.5479	0.0211	get 0.0026% / 1h	11m 08s	$1.4M	$10K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee ReyabpOrdersPrice spread, now −0.104%Rate

Funding earned: $3.94
Price spread: −0.104% → −0.042%: −$6.19
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$18.25
Costs to cover: 0.160%
Break-even: 39.5 days

Slippage unknown: Coinbase International: live order book, 3 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 3 min ago	1.62 bp	8.7 bp −$9	11.1 bp −$111	24.1 bp −$2,408	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5439	−0.361%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5452	−0.277%	$1.1M	$101K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5470	−0.161%	$69K	$89K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5468	−0.172%	$259K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0009%	1h	1.5466	−0.187%	$9.4M	$24.7M	50x	as long as short
Injective XRP/USDC PERP	+0.0040%	1h	1.5290	−1.323%	$2K	$86K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0047%	8h	1.5473	−0.142%	$80K	$933K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0075% / S +0.0171%	1h	1.5471	−0.158%	$911K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5469	−0.166%	$3.0M	$11.5M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5471	−0.155%	$447K	$3.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5486	−0.055%	$1.1M	$5.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5469	−0.169%	$39.4M	$73.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5459	−0.234%	$671K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5481	−0.093%	$556.9M	$1.87B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5477	−0.116%	$348.9M	$850.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5472	−0.148%	$126.4M	$849.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5427	−0.439%	$574K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5475	−0.129%	$119K	$685K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5472	−0.151%	$1.7M	$470K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5469	−0.168%	$369.2M	$133.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5471	−0.155%	$292.7M	$818.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5471	−0.153%	$112.1M	$149.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5472	−0.148%	$268.0M	$346.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5472	−0.148%	—	$114.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5430	−0.421%	$6.7M	$24.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5464	−0.203%	$671K	$97.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5436	−0.379%	$1.1M	$41.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5464	−0.200%	$1.0M	$871K	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5491	−0.026%	$50K	$468K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5473	−0.145%	$42K	$60K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5437	−0.376%	$831K	$70K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5459	−0.234%	$130K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5460	−0.226%	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5469	−0.166%	$50.9M	$14.9M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5473	−0.142%	$55.3M	$28.4M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5469	−0.165%	—	$10K	10x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5470	−0.160%	$482K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5481	−0.090%	$12K	$239K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5458	−0.242%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5463	−0.205%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0144%	1h	1.5487	−0.052%	$8K	$8K	10x	as long as short
Kraken Futures PF_XRPUSD	+0.0168%	1h	1.5466	−0.190%	$15.7M	$65.4M	50x	as long as short
Coinbase International XRP-PERP-INTXlong	+0.0192%	1h	1.5495	long leg	$5.7M	$45.1M	50x
Backpack XRP_USDC_PERP	+0.0199%	1h	1.5486	−0.058%	$1.8M	$953K	25x	as long as short
Reya XRPRUSDPERPshort	+0.0211%	1h	1.5479	−0.104%	$1.4M	$10K	15x
BloFin XRP-USDT	+0.0220%	8h	1.5480	−0.097%	$24.2M	$68.7M	125x	as long as short
Kalshi KXXRPPERP	+0.0284%	8h	1.5491	−0.026%	$1.8M	$32.0M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0288%	1h	1.5441	−0.351%	$19K	$66K	7x	as long as short
RISEx XRP/USDC	+0.0431%	1h	1.5487	−0.051%	$407K	$499K	10x	as long as short
Hyperliquid XRP	+0.0505%	1h	1.5488	−0.045%	$285.4M	$190.4M	20x	as long as short
Aftermath Perps XRPUSD	+0.0527%	1h	1.5444	−0.331%	$1K	$11K	10x	as long as short