Funding you earn now, next payment 01:00 UTC−0.0113%/8h= −12.4% APRpaid last 24h −0.063%
Price spread now: edgeX against Reya+0.063%65s7-day average −0.010% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.248%−$25 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now +0.063%, 7d avg −0.010%
=Together, before fees−0.318%+ Points / potential airdropReya: Active · edgeX: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.073% dearer against Reya than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of −0.010%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 3 days (−0.248% in total) that is about 23 hours. The two prices were read 65 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 | 1.5304 | 0.0213 | pay 0.0027% / 1h | 32m 00s | $1.4M | $7K | 15x |
| Short | edgeX XRPUSDC | 1.5313 | 0.0100 | get 0.0050% / 4h | 3h 32m | $665K | $107.4M | 30x |
Reya XRPRUSDPERP
edgeX XRPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$23.75
- Price spread: +0.063% → −0.010%
- $7.26
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$31.49
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; edgeX: live order book, 2 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 edgeX live order book, 2 min ago | 1.31 bp | 5.8 bp −$6 | 5.9 bp −$59 | 9.1 bp −$910 | 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 | 1.5308 | +0.027% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5303 | −0.003% | $1.1M | $112K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5311 | +0.047% | $256K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0013% / S +0.0080% | 1h | 1.5309 | +0.032% | $839K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.674% | $2K | $107K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0062% | 8h | 1.5319 | +0.099% | $58K | $935K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5321 | +0.112% | $2.8M | $14.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5325 | +0.138% | $514K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5293 | −0.071% | $10K | $277K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5300 | −0.027% | $477K | $54K | 50x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Paradex XRP-USD-PERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5296 | −0.048% | $1.0M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5319 | +0.102% | $38.7M | $83.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5306 | +0.014% | $619K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5338 | +0.223% | $540.1M | $2.05B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5338 | +0.223% | $341.9M | $920.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5338 | +0.223% | $124.9M | $869.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5316 | +0.079% | $571K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5302 | −0.012% | $118K | $711K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5296 | −0.052% | $1.6M | $517K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5324 | +0.132% | $373.7M | $149.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5333 | +0.190% | $309.3M | $902.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5336 | +0.213% | $108.8M | $165.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5336 | +0.210% | $268.3M | $374.7M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5318 | +0.092% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5328 | +0.158% | $6.3M | $35.5M | — | as long as short |
| edgeX XRPUSDCshort | +0.0100% | 4h | 1.5313 | +0.063% | $665K | $107.4M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5322 | +0.121% | $1.1M | $38.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5333 | +0.190% | $1.0M | $892K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5306 | +0.014% | $49K | $441K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5311 | +0.044% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5321 | +0.112% | $825K | $79K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5327 | +0.152% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5320 | +0.105% | $29K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5318 | +0.095% | $50.3M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5319 | +0.099% | $54.5M | $29.5M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5304 | −0.001% | — | $9K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5330 | +0.173% | $2.1M | $7.1M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5295 | −0.058% | $8K | $8K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5320 | +0.107% | $59K | $25K | 3x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0142% | 1h | 1.5323 | +0.125% | $9.3M | $25.1M | 50x | as long as short |
| Reya XRPRUSDPERPlong | +0.0213% | 1h | 1.5304 | long leg | $1.4M | $7K | 15x | |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5317 | +0.086% | $24.0M | $73.7M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5322 | +0.118% | $5.8M | $46.2M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0244% | 1h | 1.5318 | +0.092% | $14.5M | $70.0M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0282% | 1h | 1.5334 | +0.197% | $1.9M | $1.3M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0310% | 8h | 1.5319 | +0.099% | $2.1M | $34.9M | 2.9x | as long as short |
| Hibachi XRP/USDT-P | +0.0312% | 1h | 1.5328 | +0.155% | $17K | $81K | 7x | as long as short |
| Hyperliquid XRP | +0.0405% | 1h | 1.5336 | +0.210% | $289.6M | $214.5M | 20x | as long as short |
| Phoenix XRP | +0.0520% | 1h | 1.5330 | +0.171% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0805% | 1h | 1.5319 | +0.100% | $2K | $12K | 10x | as long as short |
| RISEx XRP/USDC | +0.0828% | 1h | 1.5299 | −0.030% | $505K | $754K | 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
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Vest XRP-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
Deribit XRP_USDC-PERPETUAL
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Kraken Futures PF_XRPUSD
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hibachi XRP/USDT-P
Hyperliquid XRP
Phoenix XRP
Aftermath Perps XRPUSD
RISEx XRP/USDC