Funding you earn now, next payment 07:00 UTC+0.0194%/8h= +21.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.014%
Price spread now: Reya against Kraken Futures−0.057%7-day average −0.018% · 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)+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)+0.131%+$13 · spread now −0.057%, 7d avg −0.018%
=Together, before fees+0.194%+ Points / potential airdropReya: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.038% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of −0.018%). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.063% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.063% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XRPUSD | 1.5146 | 0.0025 | pay 0.0003% / 1h | 48m 19s | $14.4M | $75.3M | 50x |
| Short | Reya XRPRUSDPERP | 1.5137 | 0.0219 | get 0.0027% / 1h | 48m 19s | $1.3M | $5K | 15x |
Kraken Futures PF_XRPUSD
Reya XRPRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Kraken Futures. 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
- $40.75
- Price spread: −0.057% → −0.018%
- −$3.84
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $20.9
- Costs to cover
- 0.160%
- Break-even
- 3.4 days
Slippage unknown: Kraken Futures: live order book, 6 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 Kraken Futures live order book, 6 min ago | 1.32 bp | 7.7 bp −$8 | 10.4 bp −$104 | 20.0 bp −$2,000 | 38.3 bp −$19.1K |
| 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 | 1.5148 | +0.014% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5146 | +0.002% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.159% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5143 | −0.017% | $245K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5148 | +0.014% | $7.7M | $25.1M | 50x | as long as short |
| Kraken Futures PF_XRPUSDlong | +0.0025% | 1h | 1.5146 | long leg | $14.4M | $75.3M | 50x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.734% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5139 | −0.045% | $8K | $8K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0079% / S −0.0026% | 1h | 1.5143 | −0.017% | $798K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5145 | −0.004% | $2.8M | $15.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
01 Exchange XRPUSD
GMX XRP/USD [ETH-USDC]
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5149 | +0.021% | $546K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5138 | −0.052% | $12K | $367K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5147 | +0.004% | $994K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5144 | −0.014% | $38.5M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5151 | +0.034% | $606K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5144 | −0.012% | $528.3M | $2.23B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5144 | −0.012% | $344.6M | $967.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5142 | −0.026% | $127.1M | $891.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5146 | +0.001% | $563K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5147 | +0.007% | $143K | $718K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5129 | −0.112% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5143 | −0.019% | $373.2M | $158.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5142 | −0.026% | $298.6M | $918.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5139 | −0.045% | $107.2M | $182.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5143 | −0.019% | $266.9M | $400.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5146 | +0.001% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5130 | −0.105% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5141 | −0.031% | $658K | $114.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5141 | −0.034% | $1.1M | $36.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5146 | +0.001% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5147 | +0.004% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5144 | −0.012% | $47K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5144 | −0.012% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5144 | −0.012% | $65K | $933K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5144 | −0.009% | $815K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5148 | +0.017% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5143 | −0.019% | $30K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5147 | +0.004% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5142 | −0.026% | $54.0M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5153 | +0.048% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5138 | −0.049% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5142 | −0.026% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0166% | 1h | 1.5163 | +0.113% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5163 | +0.113% | $17K | $81K | 7x | as long as short |
| Hyperliquid XRP | +0.0169% | 1h | 1.5155 | +0.060% | $289.1M | $264.2M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5150 | +0.027% | $5.7M | $48.3M | 50x | as long as short |
| Reya XRPRUSDPERPshort | +0.0219% | 1h | 1.5137 | −0.057% | $1.3M | $5K | 15x | |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5146 | +0.001% | $23.5M | $77.9M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0221% | 8h | 1.5153 | +0.047% | $1.7M | $35.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5147 | +0.010% | $522K | $796K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0550% | 1h | 1.5146 | +0.002% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
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
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
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
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD