Funding you earn now, next payment 06:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h +0.032%
Price spread now: Reya against Paradex−0.107%7-day average −0.002% · 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)+0.115%+$12 on $10k
+Price spread, last 4 days (all we have)+0.394%+$39 · spread now −0.107%, 7d avg −0.002%
=Together, before fees+0.509%+ Points / potential airdropParadex: Active · Reya: Active · farm board+$51 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.104% cheaper against Paradex than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.002%). If the spread goes back, that is −$10 on $10k: about 3.0 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XRP-USD-PERP | 1.5022 | 0.0100 | pay 0.0100% / 8h | 2h 30m | $468K | $55K | 50x |
| Short | Reya XRPRUSDPERP | 1.5006 | 0.0218 | get 0.0027% / 1h | 30m 56s | $1.3M | $7K | 15x |
Paradex XRP-USD-PERP
Reya XRPRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Paradex. 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
- $24.74
- Price spread: −0.107% → −0.002%
- −$10.45
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $4.29
- Costs to cover
- 0.100%
- Break-even
- 5.8 days
Slippage unknown: Paradex: live order book, 18 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 Paradex live order book, 18 min ago | 4.30 bp | 6.3 bp −$6 | 150.9 bp −$1,509 | doesn't fit | 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 | 1.5013 | −0.063% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5007 | −0.100% | $14.2M | $75.2M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5021 | −0.012% | $1.1M | $130K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5030 | +0.050% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5009 | −0.089% | $7.6M | $25.7M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5006 | −0.113% | $257K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.578% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.5004 | −0.122% | $786K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5022 | −0.003% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5008 | −0.097% | $2.8M | $14.9M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
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 | 1.5010 | −0.083% | $494K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5012 | −0.069% | $12K | $363K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5021 | −0.013% | $914K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5019 | −0.023% | $287.4M | $259.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5008 | −0.099% | $38.3M | $86.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5021 | −0.013% | $602K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5011 | −0.076% | $526.2M | $2.20B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5011 | −0.076% | $341.2M | $959.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5012 | −0.069% | $124.4M | $889.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5033 | +0.070% | $559K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5024 | +0.010% | $143K | $723K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5027 | +0.030% | $1.6M | $4K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5009 | −0.089% | $367.8M | $157.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5010 | −0.083% | $288.0M | $913.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5010 | −0.086% | $106.2M | $180.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5010 | −0.083% | $264.8M | $396.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5009 | −0.089% | — | $105.9M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5004 | −0.121% | $4.7M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5013 | −0.062% | $652K | $112.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5026 | +0.024% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5014 | −0.056% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5016 | −0.040% | — | $13K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5012 | −0.069% | $51K | $493K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5006 | −0.109% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5006 | −0.109% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5004 | −0.122% | $807K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5019 | −0.021% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5007 | −0.103% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5005 | −0.119% | $49.0M | $15.8M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5008 | −0.096% | $53.5M | $31.8M | 50x | as long as short |
| Paradex XRP-USD-PERPlong | +0.0100% | 8h | 1.5022 | long leg | $468K | $55K | 50x | |
| Extended XRP-USD | +0.0104% | 1h | 1.5008 | −0.099% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5006 | −0.109% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0133% | 8h | 1.5025 | +0.017% | $1.7M | $35.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0167% | 1h | 1.5016 | −0.043% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5012 | −0.069% | $5.6M | $48.2M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0216% | 1h | 1.5026 | +0.021% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERPshort | +0.0218% | 1h | 1.5006 | −0.107% | $1.3M | $7K | 15x | |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5001 | −0.143% | $23.3M | $75.8M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5023 | +0.004% | $512K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0604% | 1h | 1.5042 | +0.131% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
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-USDT
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
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD