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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.031%
Price spread now: Reya against HTX−0.031%7-day average +0.031% · 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)+0.109%+$11 on $10k
Price spread, last 3 days (all we have)+0.166%+$17 · spread now −0.031%, 7d avg +0.031%
Together, before fees+0.274%+ Points / potential airdropReya: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.062% cheaper against HTX than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.031%). If the spread goes back, that is −$6 on $10k: about 45 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX XRP-USDT1.55670.0100pay 0.0100% / 8h46m 48s$51.1M$15.5M75x
ShortReya XRPRUSDPERP1.55620.0212get 0.0026% / 1h46m 48s$1.4M$8K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against HTX. 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
$23.52
Price spread: −0.031% → +0.031%
−$6.24
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
−$0.73
Costs to cover
0.180%
Break-even
7.2 days
Slippage unknown: HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 2 min ago1.44 bp8.8 bp −$914.2 bp −$14231.7 bp −$3,171doesn'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%1h1.5571+0.029%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5603+0.234%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5650+0.536%$70K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5567+0.003%$260K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0005% / S +0.0106%1h1.5568+0.010%$856K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0007%1h1.5576+0.061%$9.7M$25.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0031%1h1.5584+0.112%$15.6M$68.7M50xas long as short
Orderly PERP_XRP_USDC+0.0056%8h1.5570+0.022%$77K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560−0.042%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5611+0.289%$3.0M$12.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5619+0.337%$445K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5571+0.026%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5611+0.286%$39.7M$79.9M100xas long as short
Pacifica XRP+0.0100%1h1.5579+0.078%$641K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5617+0.327%$559.2M$2.01B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5621+0.350%$348.1M$913.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5623+0.363%$127.4M$892.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5568+0.010%$582K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5572+0.035%$117K$752K20xas long as short
Bulk XRP-USD+0.0100%1h1.5633+0.428%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5609+0.273%$373.0M$143.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5610+0.279%$302.5M$867.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5611+0.288%$113.6M$163.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5611+0.286%$273.0M$369.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5596+0.190%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5634+0.431%$11.7M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5593+0.170%$677K$103.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5605+0.247%$1.1M$40.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5640+0.472%$1.0M$887K50xas long as short
Vest XRP-PERP+0.0100%1h1.5569+0.015%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5570+0.022%$48K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5571+0.029%$42K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5573+0.044%$838K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5578+0.073%$131K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5579+0.080%$30K$1.9M10xas long as short
HTX XRP-USDTlong+0.0100%8h1.5567long leg$51.1M$15.5M75x
Phemex XRPUSDT+0.0100%8h1.5580+0.087%$55.4M$29.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5570+0.021%$485K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5574+0.048%$13K$266K20xas long as short
Extended XRP-USD+0.0104%1h1.5607+0.258%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5575+0.051%$73K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5571+0.029%$8K$8K10xas long as short
Reya XRPRUSDPERPshort+0.0212%1h1.5562−0.031%$1.4M$8K15x
BloFin XRP-USDT+0.0220%8h1.5585+0.119%$24.5M$74.5M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5588+0.138%$5.9M$47.7M50xas long as short
Hibachi XRP/USDT-P+0.0272%1h1.5580+0.090%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0319%8h1.5568+0.010%$1.9M$33.8M2.9xas long as short
Backpack XRP_USDC_PERP+0.0378%1h1.5597+0.196%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0620%1h1.5632+0.421%$297.8M$208.7M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5579+0.077%$508K$632K10xas long as short
Aftermath Perps XRPUSD+0.0831%1h1.5606+0.254%$1K$11K10xas long as short