Funding you earn now, next payment 22:00 UTC−0.0111%/8h= −12.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.031%
Price spread now: Arcus against Reya−0.012%50s7-day average −0.020% · 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)−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)−0.366%−$37 · spread now −0.012%, 7d avg −0.020%
=Together, before fees−0.467%+ Points / potential airdropReya: Active · farm board−$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya XRPRUSDPERP | 1.5479 | 0.0211 | pay 0.0026% / 1h | 10m 37s | $1.4M | $10K | 15x |
| Short | Arcus XRP-USD | 1.5477 | 0.0100 | get 0.0013% / 1h | 10m 37s | $120K | $686K | 20x |
Reya XRPRUSDPERP
Arcus XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Reya. 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
- −$23.26
- Price spread: −0.012% → −0.020%
- $0.76
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$33
- Costs to cover
- 0.105%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Arcus: live order book, 13 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 13 min ago | 1.30 bp | 5.0 bp −$5 | 16.5 bp −$165 | 43.7 bp −$4,367 | doesn't fit |
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 | 1.5439 | −0.258% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5471 | −0.054% | $1.1M | $101K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5470 | −0.058% | $69K | $89K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5468 | −0.069% | $259K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0009% | 1h | 1.5466 | −0.083% | $9.4M | $24.7M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0040% | 1h | 1.5290 | −1.220% | $2K | $86K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0047% | 8h | 1.5473 | −0.038% | $80K | $933K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0075% / S +0.0171% | 1h | 1.5471 | −0.054% | $911K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5475 | −0.026% | $3.0M | $11.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5478 | −0.006% | $448K | $3.1M | 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
Orderly PERP_XRP_USDC
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5469 | −0.063% | $1.1M | $5.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5471 | −0.053% | $39.4M | $73.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5472 | −0.045% | $672K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5473 | −0.038% | $556.7M | $1.87B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5477 | −0.012% | $348.6M | $851.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5474 | −0.032% | $126.6M | $849.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5427 | −0.335% | $574K | $40K | 5x | as long as short |
| Arcus XRP-USDshort | +0.0100% | 1h | 1.5477 | −0.012% | $120K | $686K | 20x | |
| Bulk XRP-USD | +0.0100% | 1h | 1.5472 | −0.048% | $1.7M | $470K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5467 | −0.077% | $369.2M | $133.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5467 | −0.077% | $292.3M | $819.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5469 | −0.065% | $112.2M | $149.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5467 | −0.077% | $268.0M | $346.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5469 | −0.064% | — | $114.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5430 | −0.317% | $6.7M | $24.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5464 | −0.100% | $671K | $97.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5436 | −0.275% | $1.1M | $41.6M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5464 | −0.096% | $1.0M | $871K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5470 | −0.056% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5491 | +0.078% | $50K | $468K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5473 | −0.041% | $42K | $60K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5437 | −0.272% | $831K | $70K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5459 | −0.131% | $130K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5460 | −0.122% | $32K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5469 | −0.062% | $50.9M | $14.9M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5473 | −0.038% | $55.3M | $28.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5468 | −0.069% | $482K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5467 | −0.077% | $12K | $239K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5467 | −0.079% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5463 | −0.101% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0144% | 1h | 1.5479 | +0.001% | $8K | $8K | 10x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0168% | 1h | 1.5466 | −0.086% | $15.7M | $65.4M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5495 | +0.104% | $5.7M | $45.1M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0199% | 1h | 1.5486 | +0.046% | $1.8M | $953K | 25x | as long as short |
| Reya XRPRUSDPERPlong | +0.0211% | 1h | 1.5479 | long leg | $1.4M | $10K | 15x | |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5480 | +0.007% | $24.2M | $68.7M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0284% | 8h | 1.5491 | +0.078% | $1.8M | $32.0M | 2.9x | as long as short |
| Hibachi XRP/USDT-P | +0.0288% | 1h | 1.5441 | −0.247% | $19K | $66K | 7x | as long as short |
| RISEx XRP/USDC | +0.0431% | 1h | 1.5479 | −0.001% | $407K | $499K | 10x | as long as short |
| Hyperliquid XRP | +0.0507% | 1h | 1.5491 | +0.078% | $285.6M | $190.5M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0527% | 1h | 1.5444 | −0.227% | $1K | $11K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
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
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Kraken Futures PF_XRPUSD
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Kalshi KXXRPPERP
Hibachi XRP/USDT-P
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD