Funding you earn now, next payment 23:00 UTC−0.0208%/8h= −22.7% APRnext payment −$0.26 per $10,000 · paid last 24h −0.060%
Price spread now: gTrade (Gains Network) against Reya−0.165%56s7-day average +0.011% · 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)−0.191%−$19 on $10k
+Price spread, last 3 days (all we have)+0.218%+$22 · spread now −0.165%, 7d avg +0.011%
=Together, before fees+0.027%+ Points / potential airdropReya: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and gTrade (Gains Network) is 0.177% cheaper against Reya than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.011%). Swap the legs. The two prices were read 56 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 | 1.5521 | 0.0212 | pay 0.0026% / 1h | 6m 27s | $1.4M | $8K | 15x |
| Short | gTrade (Gains Network) XRP/USD | 1.5495 | L +0.0003% / S −0.0004% | get 0.0001% / 1h | 6m 27s | $259K | — | 150x |
Reya XRPRUSDPERP
gTrade (Gains Network) XRP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$43.59
- Price spread: −0.165% → +0.011%
- −$17.66
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$77.26
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 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 gTrade (Gains Network) virtual book (oracle venue), 13 min ago | 130.01 bp | 135.0 bp −$135 | 193.2 bp −$1,932 | 1958.2 bp −$195.8K | 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 | 1.5513 | −0.049% | $7K | $2K | 20x | as long as short |
| GMX XRP/USD [ETH-USDC] | L 0.0000% / S +0.0113% | 1h | 1.5494 | −0.174% | $849K | — | 200x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5506 | −0.091% | $1.1M | $113K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5504 | −0.107% | $9.5M | $25.1M | 50x | as long as short |
| gTrade (Gains Network) XRP/USDshort | L +0.0003% / S −0.0004% | 1h | 1.5495 | −0.165% | $259K | — | 150x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +0.254% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0041% | 1h | 1.5505 | −0.099% | $15.5M | $68.5M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0054% | 8h | 1.5496 | −0.158% | $76K | $909K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5516 | −0.030% | $3.0M | $12.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5518 | −0.016% | $443K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
GMX XRP/USD [ETH-USDC]
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_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 | 1.5520 | −0.006% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5516 | −0.028% | $39.4M | $79.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5518 | −0.018% | $639K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5522 | +0.012% | $558.5M | $1.99B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5523 | +0.016% | $346.5M | $903.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5522 | +0.009% | $127.8M | $882.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5467 | −0.345% | $576K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5522 | +0.009% | $119K | $746K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5501 | −0.124% | $1.7M | $578K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5519 | −0.010% | $363.7M | $143.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5518 | −0.016% | $298.7M | $868.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5518 | −0.019% | $113.4M | $160.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5523 | +0.016% | $271.0M | $366.2M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5522 | +0.009% | — | $119.6M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5501 | −0.123% | $11.8M | $30.2M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5508 | −0.080% | $673K | $101.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5513 | −0.048% | $1.1M | $41.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5507 | −0.087% | $1.0M | $884K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5526 | +0.035% | $46K | $449K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5496 | −0.161% | $42K | $66K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5498 | −0.146% | $834K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5503 | −0.110% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5501 | −0.126% | $33K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5488 | −0.212% | $50.9M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5502 | −0.120% | $55.1M | $29.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5514 | −0.044% | — | $10K | 10x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5517 | −0.024% | $484K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5519 | −0.010% | $11K | $261K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5519 | −0.013% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5496 | −0.157% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0176% | 1h | 1.5527 | +0.041% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERPlong | +0.0212% | 1h | 1.5521 | long leg | $1.4M | $8K | 15x | |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5507 | −0.087% | $6.0M | $47.4M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5499 | −0.139% | $24.6M | $73.6M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0256% | 1h | 1.5494 | −0.169% | $18K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0290% | 1h | 1.5515 | −0.036% | $1.7M | $1.0M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0321% | 8h | 1.5485 | −0.229% | $1.9M | $33.2M | 2.9x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5500 | −0.132% | $69K | $90K | 15x | as long as short |
| RISEx XRP/USDC | +0.0527% | 1h | 1.5534 | +0.089% | $509K | $631K | 10x | as long as short |
| Hyperliquid XRP | +0.0582% | 1h | 1.5539 | +0.119% | $290.5M | $204.6M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0774% | 1h | 1.5510 | −0.065% | $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
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
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Vest XRP-PERP
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Phoenix XRP
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD