Funding you earn now, next payment 04:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.14 per $10,000 · paid last 24h −0.032%
Price spread now: Polymarket Perps against Reya+0.039%7-day average +0.025% · 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)−0.109%−$11 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.039%, 7d avg +0.025%
=Together, before fees−0.128%+ Points / potential airdropReya: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: −$3 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 | 1.5183 | 0.0216 | pay 0.0027% / 1h | 21m 59s | $1.3M | $7K | 15x |
| Short | Polymarket Perps XRP-USD | 1.5189 | 0.0100 | get 0.0013% / 1h | 21m 59s | $44K | $452K | 20x |
Reya XRPRUSDPERP
Polymarket Perps XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$24.34
- Price spread: +0.039% → +0.025%
- $1.39
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$36.95
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Polymarket Perps: live order book, 36 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 Polymarket Perps live order book, 36 min ago | 2.31 bp | 7.6 bp −$8 | 10.5 bp −$105 | 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 | 1.5174 | −0.060% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5178 | −0.033% | $14.3M | $73.8M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5176 | −0.049% | $1.1M | $111K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5190 | +0.046% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5181 | −0.012% | $254K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0013% | 1h | 1.5186 | +0.019% | $7.7M | $25.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.483% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0043% / S +0.0025% | 1h | 1.5180 | −0.021% | $792K | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0086% | 8h | 1.5184 | +0.006% | $62K | $934K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5182 | −0.007% | $2.8M | $14.6M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Orderly PERP_XRP_USDC
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5181 | −0.014% | $498K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0097% | 8h | 1.5182 | −0.007% | $11K | $326K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5185 | +0.009% | $1.1M | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5182 | −0.007% | $280.8M | $226.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5175 | −0.056% | $38.4M | $83.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5184 | +0.009% | $609K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5180 | −0.020% | $535.7M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5181 | −0.014% | $347.8M | $934.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5179 | −0.027% | $126.3M | $875.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5174 | −0.060% | $564K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5192 | +0.059% | $110K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5174 | −0.059% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5179 | −0.027% | $370.2M | $154.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5178 | −0.033% | $291.3M | $901.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5180 | −0.019% | $108.3M | $174.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5179 | −0.027% | $268.6M | $384.5M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5180 | −0.020% | — | $127.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5179 | −0.029% | $5.2M | $37.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5183 | −0.002% | $661K | $108.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5178 | −0.036% | $1.1M | $36.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5192 | +0.059% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USDshort | +0.0100% | 1h | 1.5189 | +0.039% | $44K | $452K | 20x | |
| Bullet XRP-USD | +0.0100% | 1h | 1.5182 | −0.009% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5186 | +0.021% | $817K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5193 | +0.067% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5182 | −0.007% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5176 | −0.049% | $49.6M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5173 | −0.066% | $54.2M | $30.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5186 | +0.020% | $473K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5184 | +0.007% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5176 | −0.050% | $2.0M | $6.8M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5193 | +0.065% | $8K | $8K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5183 | −0.001% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0178% | 1h | 1.5182 | −0.007% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0192% | 1h | 1.5174 | −0.061% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5188 | +0.032% | $5.6M | $47.1M | 50x | as long as short |
| Reya XRPRUSDPERPlong | +0.0216% | 1h | 1.5183 | long leg | $1.3M | $7K | 15x | |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5179 | −0.027% | $24.2M | $76.2M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0313% | 8h | 1.5184 | +0.006% | $2.1M | $34.5M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5193 | +0.064% | $517K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0647% | 1h | 1.5184 | +0.007% | $2K | $15K | 10x | as long as short |
Lighter RH XRP
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
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Vest XRP-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD