Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.2% APRpaid last 24h −0.033%
Price spread now: Paradex against Reya+0.104%7-day average +0.004% · 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)−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)−0.475%−$48 · spread now +0.104%, 7d avg +0.004%
=Together, before fees−0.596%+ Points / potential airdropReya: Active · Paradex: Active · farm board−$60 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Paradex is 0.100% dearer against Reya than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of +0.004%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya XRPRUSDPERP | 1.5180 | 0.0220 | pay 0.0028% / 1h | 8m 19s | $1.3M | $4K | 15x |
| Short | Paradex XRP-USD-PERP | 1.5196 | 0.0100 | get 0.0100% / 8h | 8m 19s | $474K | $55K | 50x |
Reya XRPRUSDPERP
Paradex XRP-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$25.28
- Price spread: +0.104% → +0.004%
- $10.03
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$25.25
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Paradex: live order book, 31 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 Paradex live order book, 31 min ago | 4.93 bp | 6.9 bp −$7 | 152.6 bp −$1,526 | doesn't fit | 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 | 1.5189 | +0.060% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5185 | +0.035% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5185 | +0.034% | $247K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0013% | 1h | 1.5190 | +0.067% | $7.7M | $24.0M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.504% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5187 | +0.048% | $14.6M | $73.6M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0088% | 1h | 1.5190 | +0.069% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5190 | +0.064% | $2.8M | $15.2M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5193 | +0.087% | $605K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5180 | +0.001% | $20K | $382K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Hibachi XRP/USDT-P
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5179 | −0.004% | $999K | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5188 | +0.054% | $38.6M | $86.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5191 | +0.076% | $611K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5186 | +0.040% | $529.7M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5182 | +0.014% | $349.9M | $948.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5180 | +0.001% | $127.3M | $863.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5172 | −0.052% | $564K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5193 | +0.087% | $144K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5189 | +0.060% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5184 | +0.027% | $378.2M | $162.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5184 | +0.027% | $310.0M | $929.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5182 | +0.012% | $106.7M | $183.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5178 | −0.012% | $268.8M | $388.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5181 | +0.007% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5163 | −0.114% | $4.8M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5164 | −0.107% | $660K | $113.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5172 | −0.052% | $1.1M | $34.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5168 | −0.078% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5188 | +0.055% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5186 | +0.040% | $52K | $514K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5186 | +0.038% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5186 | +0.040% | $77K | $689K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5185 | +0.031% | $817K | $77K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5189 | +0.062% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5187 | +0.047% | $30K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5183 | +0.019% | $49.6M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5190 | +0.067% | $54.1M | $32.6M | 50x | as long as short |
| Paradex XRP-USD-PERPshort | +0.0100% | 8h | 1.5196 | +0.104% | $474K | $55K | 50x | |
| Extended XRP-USD | +0.0104% | 1h | 1.5176 | −0.026% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5190 | +0.067% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5182 | +0.016% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0109% / S −0.0071% | 1h | 1.5185 | +0.033% | $784K | — | 200x | as long as short |
| Hyperliquid XRP | +0.0143% | 1h | 1.5194 | +0.093% | $290.0M | $268.1M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0166% | 8h | 1.5190 | +0.067% | $1.8M | $33.7M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5189 | +0.060% | $5.6M | $48.0M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0179% | 1h | 1.5200 | +0.133% | $2.0M | $1.4M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5184 | +0.027% | $23.6M | $77.7M | 125x | as long as short |
| Reya XRPRUSDPERPlong | +0.0220% | 1h | 1.5180 | long leg | $1.3M | $4K | 15x | |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5191 | +0.071% | $521K | $798K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5170 | −0.065% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0580% | 1h | 1.5179 | −0.004% | $2K | $16K | 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
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Hyperliquid XRP
Kalshi KXXRPPERP
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
BloFin XRP-USDT
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD