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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0215%/8h= +23.6% APRnext payment +$0.27 per $10,000 · paid last 24h +0.062%
Price spread now: Reya against dYdX+0.011%7-day average −0.033% · you sell dearer than you buy
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)+0.207%+$21 on $10k
Price spread, last 7 days−0.143%−$14 · spread now +0.011%, 7d avg −0.033%
Together, before fees+0.064%+ Points / potential airdropReya: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Reya is 0.044% dearer against dYdX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XRP-USD1.51840get 0.0000% / 1h9m 33s$1.1M$110K10x
ShortReya XRPRUSDPERP1.51860.0215get 0.0027% / 1h9m 33s$1.3M$7K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against dYdX. 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
$45.19
Price spread: +0.011% → −0.033%
$4.41
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$33.6
Costs to cover
0.160%
Break-even
1.8 days
Slippage unknown: dYdX: live order book, 5 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 dYdX live order book, 5 min ago15.78 bp20.8 bp −$2120.8 bp −$20895.2 bp −$9,516300.9 bp −$150.4K
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%1h1.5192+0.053%$5K$3K20xas long as short
dYdX XRP-USDlong0.0000%1h1.5184long leg$1.1M$110K10x
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5189+0.033%$254K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5211+0.178%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.476%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0034% / S +0.0038%1h1.5203+0.126%$798K200xas long as short
01 Exchange XRPUSD+0.0064%1h1.5186+0.013%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0077%8h1.5208+0.158%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5190+0.040%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5189+0.033%$512K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5182−0.013%$10K$311K20xas long as short
Nado XRP-PERP+0.0100%1h1.5185+0.010%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5197+0.085%$282.4M$223.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5197+0.085%$38.4M$83.6M100xas long as short
Pacifica XRP+0.0100%1h1.5189+0.032%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5189+0.031%$536.4M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5186+0.013%$346.6M$930.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5186+0.013%$126.0M$872.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5180−0.027%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5190+0.039%$114K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5223+0.257%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5188+0.026%$368.6M$153.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5188+0.026%$297.0M$903.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5189+0.032%$109.0M$171.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5185+0.006%$269.5M$381.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.51840.000%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5200+0.102%$5.9M$36.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5202+0.117%$660K$107.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5227+0.283%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5221+0.244%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5192+0.055%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5187+0.020%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5192+0.053%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5208+0.157%$818K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5228+0.290%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5210+0.171%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5224+0.263%$49.8M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5208+0.158%$54.1M$30.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5188+0.027%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5182−0.016%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5206+0.145%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0190%1h1.5211+0.178%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.5207+0.149%$17K$82K7xas long as short
Reya XRPRUSDPERPshort+0.0215%1h1.5186+0.011%$1.3M$7K15x
Coinbase International XRP-PERP-INTX+0.0216%1h1.5212+0.184%$5.6M$46.6M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5225+0.270%$24.3M$75.5M125xas long as short
Kraken Futures PF_XRPUSD+0.0272%1h1.5205+0.139%$14.4M$73.3M50xas long as short
Kalshi KXXRPPERP+0.0344%8h1.5217+0.217%$2.1M$34.7M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5191+0.049%$517K$778K10xas long as short
Phoenix XRP+0.0528%1h1.5220+0.237%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0657%1h1.5210+0.174%$2K$14K10xas long as short