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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.125%
Price spread now: Reya against GMX+0.012%7-day average −0.044% · 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)+0.280%+$28 on $10k
Price spread, last 3 days (all we have)−0.088%−$9 · spread now +0.012%, 7d avg −0.044%
Together, before fees+0.193%+ Points / potential airdropReya: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Reya is 0.056% dearer against GMX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XRP/USD [ETH-USDC]1.5390L +0.0076% / S +0.0164%pay 0.0009% / 1h4m 15s$906K200x
ShortReya XRPRUSDPERP1.53920.0211get 0.0026% / 1h4m 15s$1.4M$9K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against GMX. 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
$28.38
Price spread: +0.012% → −0.044%
$5.6
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
$15.98
Costs to cover
0.180%
Break-even
3.1 days
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample
Sell Reya no order-book sample
GMX and 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%1h1.5398+0.051%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5391+0.003%$1.1M$101K10xas long as short
Phoenix XRP0.0000%1h1.5450+0.388%$69K$89K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5391+0.007%$258K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0010%1h1.5397+0.044%$9.4M$24.8M50xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290−0.651%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0048%8h1.5395+0.031%$80K$933K50xas long as short
GMX XRP/USD [ETH-USDC]longL +0.0076% / S +0.0164%1h1.5390long leg$906K200x
Lighter XRP+0.0096%1h1.5395+0.032%$3.0M$11.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5397+0.044%$445K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5391+0.008%$1.1M$5.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5393+0.018%$39.2M$73.3M100xas long as short
Pacifica XRP+0.0100%1h1.53900.000%$672K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5393+0.016%$553.8M$1.87B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5393+0.018%$346.4M$853.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5393+0.018%$125.4M$847.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5409+0.122%$573K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5393+0.018%$120K$688K20xas long as short
Bulk XRP-USD+0.0100%1h1.5472+0.528%$1.7M$470K20xas long as short
Gate XRP_USDT+0.0100%8h1.5391+0.005%$367.2M$134.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5392+0.012%$286.5M$825.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5392+0.009%$112.0M$149.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5391+0.005%$266.9M$347.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5393+0.018%$114.8Mas long as short
Variational Omni XRP+0.0100%8h1.5410+0.127%$6.6M$24.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5443+0.344%$671K$95.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5404+0.093%$1.1M$41.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5410+0.129%$1.0M$879K50xas long as short
Vest XRP-PERP+0.0100%1h1.5392+0.013%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5396+0.038%$51K$438K20xas long as short
Bullet XRP-USD+0.0100%1h1.5394+0.023%$42K$60K20xas long as short
Derive XRP-PERP+0.0100%1h1.5392+0.009%$829K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5398+0.052%$129K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5393+0.018%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5389−0.009%$50.6M$14.9M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5393+0.018%$55.0M$28.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5391+0.005%$480K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5398+0.051%$12K$240K20xas long as short
Extended XRP-USD+0.0104%1h1.5391+0.004%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5393+0.015%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0152%1h1.5400+0.064%$8K$8K10xas long as short
Kraken Futures PF_XRPUSD+0.0169%1h1.5393+0.016%$15.7M$65.4M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5401+0.070%$5.6M$44.9M50xas long as short
Backpack XRP_USDC_PERP+0.0199%1h1.5409+0.122%$1.8M$953K25xas long as short
Reya XRPRUSDPERPshort+0.0211%1h1.5392+0.012%$1.4M$9K15x
BloFin XRP-USDT+0.0220%8h1.5396+0.038%$24.2M$69.0M125xas long as short
Kalshi KXXRPPERP+0.0302%8h1.5414+0.155%$1.8M$31.9M2.9xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5387−0.019%$19K$66K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5395+0.034%$404K$498K10xas long as short
Hyperliquid XRP+0.0513%1h1.5411+0.135%$283.8M$190.5M20xas long as short
Aftermath Perps XRPUSD+0.0570%1h1.5417+0.171%$1K$11K10xas long as short