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+0.0107%/8h= +11.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Reya against Extended−0.082%7-day average +0.011% · 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)+0.091%+$9 on $10k
Price spread, last 7 days+0.107%+$11 · spread now −0.082%, 7d avg +0.011%
Together, before fees+0.198%+ Points / potential airdropExtended: Active · Reya: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.093% cheaper against Extended than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of +0.011%). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XRP-USD1.55690.0104pay 0.0013% / 1h20m 56s$2.1M$7.1M50x
ShortReya XRPRUSDPERP1.55570.0211get 0.0026% / 1h20m 56s$1.4M$9K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Extended. 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
$22.57
Price spread: −0.082% → +0.011%
−$9.32
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Reya: 3 bp × 2 orders
−$6
Net
$2.25
Costs to cover
0.110%
Break-even
6.3 days
Slippage unknown: Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago0.32 bp4.1 bp −$46.7 bp −$67doesn'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%1h1.5587+0.113%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5587+0.116%$1.1M$113K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5563−0.042%$9.6M$25.3M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5560−0.061%$260K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560−0.061%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5565−0.030%$15.5M$68.7M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0053% / S +0.0119%1h1.5560−0.061%$1.1M200xas long as short
Orderly PERP_XRP_USDC+0.0054%8h1.5562−0.048%$78K$949K50xas long as short
Lighter XRP+0.0096%1h1.5565−0.026%$3.0M$12.3M20xas long as short
Lighter RH XRP+0.0096%1h1.5569−0.003%$441K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5553−0.106%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5578+0.052%$39.5M$78.5M100xas long as short
Pacifica XRP+0.0100%1h1.5583+0.086%$641K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5576+0.042%$560.2M$1.98B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5576+0.042%$348.1M$898.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5575+0.036%$127.7M$883.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5556−0.086%$580K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5573+0.023%$119K$742K20xas long as short
Gate XRP_USDT+0.0100%8h1.5566−0.022%$374.3M$140.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5575+0.036%$297.3M$856.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5573+0.021%$114.1M$159.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5574+0.029%$272.0M$363.9M125xas long as short
BingX XRP-USDT+0.0100%8h1.5575+0.036%$118.3Mas long as short
Variational Omni XRP+0.0100%8h1.5537−0.211%$11.7M$30.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5544−0.161%$676K$101.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5571+0.010%$1.1M$41.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5557−0.080%$1.0M$883K50xas long as short
Vest XRP-PERP+0.0100%1h1.5562−0.049%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5560−0.061%$46K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5561−0.054%$42K$66K20xas long as short
Derive XRP-PERP+0.0100%1h1.5564−0.037%$838K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5564−0.038%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5561−0.054%$33K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5557−0.082%$51.1M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5564−0.035%$55.4M$29.1M50xas long as short
Bulk XRP-USD+0.0100%1h1.5477−0.596%$1.7M$578K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5574+0.030%$486K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5570+0.003%$11K$260K20xas long as short
Extended XRP-USDlong+0.0104%1h1.5569long leg$2.1M$7.1M50x
Aevo XRP-PERP+0.0104%1h1.5559−0.064%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0176%1h1.5572+0.016%$8K$8K10xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.5566−0.025%$18K$82K7xas long as short
Reya XRPRUSDPERPshort+0.0211%1h1.5557−0.082%$1.4M$9K15x
Coinbase International XRP-PERP-INTX+0.0216%1h1.5573+0.023%$5.8M$47.4M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5570+0.003%$24.5M$74.0M125xas long as short
Backpack XRP_USDC_PERP+0.0296%1h1.5572+0.016%$1.8M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0323%8h1.5588+0.119%$1.9M$33.0M2.9xas long as short
Phoenix XRP+0.0516%1h1.5560−0.061%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5580+0.065%$510K$630K10xas long as short
Hyperliquid XRP+0.0598%1h1.5584+0.093%$291.9M$202.8M20xas long as short
Aftermath Perps XRPUSD+0.0747%1h1.5563−0.043%$1K$11K10xas long as short