Funding you earn now, next payment 12:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.036%
Price spread now: Derive against Reya+0.022%7-day average +0.014% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.022%, 7d avg +0.014%
=Together, before fees−0.313%+ Points / potential airdropReya: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya XRPRUSDPERP | 1.5257 | 0.0224 | pay 0.0028% / 1h | 50m 34s | $1.3M | $1K | 15x |
| Short | Derive XRP-PERP | 1.5260 | 0.0100 | get 0.0013% / 1h | 50m 34s | $821K | $81K | 10x |
Reya XRPRUSDPERP
Derive XRP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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
- −$26.02
- Price spread: +0.022% → +0.014%
- $0.81
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$37.2
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Derive: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
Reya and Derive: 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 exchanges
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 | 1.5360 | +0.678% | $5K | $2K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0077% | 1h | 1.5260 | +0.022% | $13.7M | $68.4M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5260 | +0.025% | $1.1M | $154K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5310 | +0.350% | $68K | $102K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5262 | +0.035% | $7.6M | $19.9M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5260 | +0.023% | $241K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.988% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5283 | +0.173% | $9K | $987 | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0080% | 1h | 1.5281 | +0.160% | $17K | $69K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5254 | −0.016% | $2.7M | $13.4M | 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
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Lighter XRPShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5260 | +0.022% | $590K | $3.0M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0096% | 1h | 1.5261 | +0.029% | $5.4M | $41.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5260 | +0.021% | $476K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5268 | +0.075% | $10K | $411K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5265 | +0.052% | $845K | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5265 | +0.055% | $296.4M | $260.6M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5287 | +0.202% | $38.8M | $79.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5259 | +0.014% | $587K | $985K | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5291 | +0.225% | $532.1M | $2.02B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5292 | +0.232% | $359.3M | $852.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5291 | +0.225% | $123.7M | $816.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5273 | +0.107% | $561K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5286 | +0.193% | $163K | $689K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5312 | +0.360% | $1.6M | $66K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5258 | +0.009% | $376.0M | $156.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5257 | +0.002% | $314.6M | $875.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5257 | +0.003% | $103.9M | $179.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5270 | +0.088% | $269.7M | $346.2M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5272 | +0.101% | — | $98.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5256 | −0.001% | $4.9M | $37.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5305 | +0.317% | $665K | $105.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5301 | +0.291% | $1.1M | $32.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5316 | +0.389% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5270 | +0.087% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5264 | +0.048% | $52K | $469K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5261 | +0.026% | $41K | $64K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5258 | +0.009% | $83K | $601K | 50x | as long as short |
| Derive XRP-PERPshort | +0.0100% | 1h | 1.5260 | +0.022% | $821K | $81K | 10x | |
| SunX XRP-USDT | +0.0100% | 8h | 1.5270 | +0.086% | $128K | $1.4M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5255 | −0.011% | $29K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5259 | +0.016% | $49.7M | $13.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5258 | +0.009% | $54.5M | $33.3M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5264 | +0.050% | $2.2M | $5.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5253 | −0.024% | $59K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0111% | 8h | 1.5275 | +0.120% | $1.9M | $35.5M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0151% | 1h | 1.5268 | +0.075% | $2.0M | $1.2M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5256 | −0.004% | $23.7M | $77.1M | 125x | as long as short |
| Reya XRPRUSDPERPlong | +0.0224% | 1h | 1.5257 | long leg | $1.3M | $1K | 15x | |
| GMX XRP/USD [ETH-USDC] | L +0.0257% / S −0.0509% | 1h | 1.5260 | +0.024% | $877K | — | 200x | as long as short |
| RISEx XRP/USDC | +0.0300% | 1h | 1.5285 | +0.189% | $506K | $723K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0393% | 1h | 1.5297 | +0.267% | $3K | $13K | 10x | as long as short |
Lighter RH XRP
Coinbase International XRP-PERP-INTX
Paradex XRP-USD-PERP
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
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
GMX XRP/USD [ETH-USDC]
RISEx XRP/USDC
Aftermath Perps XRPUSD