Funding you earn now, next payment 03:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.063%
Price spread now: Reya against edgeX−0.268%65s7-day average +0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.254%+$25 on $10k
+Price spread, last 7 days+0.274%+$27 · spread now −0.268%, 7d avg +0.007%
=Together, before fees+0.528%+ Points / potential airdropedgeX: Active · Reya: Active · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.275% cheaper against edgeX than usual: you would sell low and buy high (spread −0.268% now, against its 7-day average of +0.007%). If the spread goes back, that is −$28 on $10k: about 8.0 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.254% in total) that is about 3.6 days. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XRPUSDC | 1.5237 | 0.0100 | pay 0.0050% / 4h | 1h 12m | $662K | $108.2M | 30x |
| Short | Reya XRPRUSDPERP | 1.5196 | 0.0215 | get 0.0027% / 1h | 12m 19s | $1.3M | $7K | 15x |
edgeX XRPUSDC
Reya XRPRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $24.18
- Price spread: −0.268% → +0.007%
- −$27.55
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$18.37
- Costs to cover
- 0.150%
- Break-even
- 12.3 days
Slippage unknown: edgeX: live order book, 2 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 edgeX live order book, 2 min ago | 0.99 bp | 5.5 bp −$5 | 5.7 bp −$57 | 8.9 bp −$892 | 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 | 1.5204 | −0.215% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5203 | −0.222% | $1.1M | $110K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5198 | −0.255% | $7.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5197 | −0.261% | $254K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0033% / S +0.0038% | 1h | 1.5198 | −0.256% | $796K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.121% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5199 | −0.248% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0076% | 8h | 1.5198 | −0.255% | $62K | $935K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5206 | −0.202% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5211 | −0.169% | $514K | $3.3M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
01 Exchange XRPUSD
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5191 | −0.301% | $10K | $311K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5209 | −0.180% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5210 | −0.176% | $282.8M | $223.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5199 | −0.246% | $38.5M | $83.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5205 | −0.207% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5200 | −0.241% | $536.8M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5199 | −0.248% | $346.7M | $929.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5201 | −0.235% | $126.1M | $872.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5195 | −0.274% | $567K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5203 | −0.222% | $114K | $712K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5223 | −0.091% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5199 | −0.248% | $368.7M | $153.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5199 | −0.248% | $295.3M | $903.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5198 | −0.252% | $109.0M | $171.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5195 | −0.274% | $269.6M | $380.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5197 | −0.261% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5260 | +0.149% | $6.0M | $36.5M | — | as long as short |
| edgeX XRPUSDClong | +0.0100% | 4h | 1.5237 | long leg | $662K | $108.2M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5251 | +0.093% | $1.1M | $35.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5246 | +0.060% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5201 | −0.235% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5200 | −0.241% | $42K | $450K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5199 | −0.249% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5200 | −0.240% | $818K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5204 | −0.215% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5196 | −0.268% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5194 | −0.282% | $49.7M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5193 | −0.287% | $54.1M | $30.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5203 | −0.223% | $474K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5192 | −0.297% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5198 | −0.256% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0191% | 1h | 1.5209 | −0.182% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0208% | 1h | 1.5207 | −0.193% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERPshort | +0.0215% | 1h | 1.5196 | −0.268% | $1.3M | $7K | 15x | |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5203 | −0.222% | $5.6M | $46.6M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5201 | −0.235% | $24.3M | $75.3M | 125x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0272% | 1h | 1.5195 | −0.276% | $14.4M | $73.2M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0347% | 8h | 1.5223 | −0.091% | $2.1M | $34.7M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0484% | 1h | 1.5203 | −0.222% | $518K | $778K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5220 | −0.110% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0665% | 1h | 1.5217 | −0.133% | $2K | $14K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kraken Futures PF_XRPUSD
Kalshi KXXRPPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD