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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0211%/8h= −23.1% APRnext payment $0.26 per $10,000 · paid last 24h −0.063%
Price spread now: dYdX against Reya+0.051%7-day average +0.031% · you sell dearer than you buy
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 4 days (all we have)−0.223%−$22 on $10k
Price spread, last 7 days+0.004%$0 · spread now +0.051%, 7d avg +0.031%
Together, before fees−0.219%+ Points / potential airdropReya: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.021% dearer against Reya than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of +0.031%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya XRPRUSDPERP1.51410.0221pay 0.0028% / 1h30m 54s$1.3M$4K15x
ShortdYdX XRP-USD1.51490.0010get 0.0001% / 1h30m 54s$1.1M$157K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Reya. 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
−$44.23
Price spread: +0.051% → +0.031%
$2.06
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$58.17
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; dYdX: live order book, 3 min ago. 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 Reya no order-book sample
Sell dYdX live order book, 3 min ago11.52 bp24.9 bp −$2531.6 bp −$31639.5 bp −$3,95290.1 bp −$45.0K
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
Kraken Futures PF_XRPUSD−0.0172%1h1.5146+0.032%$14.7M$74.5M50xas long as short
Hotstuff XRP-PERP−0.0080%1h1.5143+0.011%$5K$3K20xas long as short
Phoenix XRP0.0000%1h1.5170+0.190%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5142+0.006%$246K150xas long as short
dYdX XRP-USDshort+0.0010%1h1.5149+0.051%$1.1M$157K10x
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5148+0.044%$7.7M$23.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.765%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0072%1h1.5149+0.052%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5146+0.032%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5151+0.064%$617K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5142+0.005%$20K$381K20xas long as short
Nado XRP-PERP+0.0100%1h1.5147+0.034%$990K$6.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5144+0.018%$38.4M$84.3M100xas long as short
Pacifica XRP+0.0100%1h1.5147+0.040%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5143+0.011%$527.8M$2.17B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5140−0.009%$352.5M$939.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5142+0.005%$125.8M$848.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5150+0.057%$556K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5154+0.084%$143K$708K20xas long as short
Bulk XRP-USD+0.0100%1h1.5201+0.394%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5144+0.018%$377.0M$153.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5142+0.005%$310.6M$917.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5143+0.013%$105.8M$183.3M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5141−0.002%$267.9M$380.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5142+0.005%$108.5Mas long as short
Variational Omni XRP+0.0100%8h1.5200+0.388%$4.8M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5161+0.131%$659K$112.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5198+0.374%$1.1M$33.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5155+0.090%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5154+0.082%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5149+0.051%$52K$509K20xas long as short
Bullet XRP-USD+0.0100%1h1.5146+0.032%$41K$68K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5145+0.024%$77K$648K50xas long as short
Derive XRP-PERP+0.0100%1h1.5145+0.022%$815K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5152+0.071%$127K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5144+0.018%$30K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5146+0.029%$49.4M$14.9M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5151+0.064%$54.0M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5149+0.053%$472K$54K50xas long as short
Extended XRP-USD+0.0104%1h1.5137−0.025%$2.1M$6.7M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5149+0.051%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5144+0.017%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0119% / S −0.0085%1h1.5145+0.022%$785K200xas long as short
Coinbase International XRP-PERP-INTX+0.0160%1h1.5150+0.057%$5.3M$47.7M50xas long as short
Kalshi KXXRPPERP+0.0169%8h1.5155+0.090%$1.7M$33.2M2.9xas long as short
Hyperliquid XRP+0.0178%1h1.5159+0.117%$289.7M$267.9M20xas long as short
Backpack XRP_USDC_PERP+0.0204%1h1.5156+0.097%$2.0M$1.3M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5144+0.018%$23.7M$77.4M125xas long as short
Reya XRPRUSDPERPlong+0.0221%1h1.5141long leg$1.3M$4K15x
RISEx XRP/USDC+0.0337%1h1.5149+0.048%$518K$788K10xas long as short
Aftermath Perps XRPUSD+0.0560%1h1.5183+0.276%$2K$16K10xas long as short