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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.076%
Price spread now: RISEx against Reya+0.041%51s7-day average +0.037% · 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)+0.207%+$21 on $10k
Price spread, last 4 days (all we have)−0.105%−$11 · spread now +0.041%, 7d avg +0.037%
Together, before fees+0.101%+ Points / potential airdropReya: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya XRPRUSDPERP1.52550.0223pay 0.0028% / 1h27m 39s$1.3M$1K15x
ShortRISEx XRP/USDC1.52610.0239get 0.0030% / 1h27m 39s$513K$726K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$3.39
Price spread: +0.041% → +0.037%
$0.33
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$8.27
Costs to cover
0.120%
Break-even
24.1 days
Slippage unknown: Reya: no order-book sample; RISEx: live order book, 19 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 RISEx live order book, 19 min ago0.75 bp3.8 bp −$46.6 bp −$66doesn't fitdoesn'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 50 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5374+0.779%$5K$4K20xas long as short
01 Exchange XRPUSD−0.0072%1h1.5257+0.012%$9K$98710xas long as short
Kraken Futures PF_XRPUSD−0.0063%1h1.5265+0.063%$13.8M$69.7M50xas long as short
dYdX XRP-USD0.0000%1h1.5255+0.002%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5260+0.032%$68K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5265+0.065%$7.6M$20.9M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5258+0.020%$241K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.999%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5265+0.062%$17K$75K7xas long as short
Lighter XRP+0.0096%1h1.5253−0.011%$2.8M$14.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5257+0.012%$591K$3.1M20xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5252−0.020%$476K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5253−0.014%$11K$406K20xas long as short
Nado XRP-PERP+0.0100%1h1.5254−0.004%$1.1M$5.8M20xas long as short
Hyperliquid XRP+0.0100%1h1.5264+0.058%$295.7M$267.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5252−0.020%$38.8M$80.2M100xas long as short
Pacifica XRP+0.0100%1h1.5255−0.003%$587K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5254−0.010%$529.8M$2.06B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5248−0.047%$357.8M$869.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5249−0.040%$123.6M$821.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5242−0.086%$560K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5262+0.045%$162K$696K20xas long as short
Gate XRP_USDT+0.0100%8h1.5256+0.006%$379.7M$158.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5251−0.027%$307.4M$901.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5252−0.020%$104.4M$181.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5249−0.040%$269.8M$353.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5248−0.047%$99.1Mas long as short
Variational Omni XRP+0.0100%8h1.5257+0.012%$4.9M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5257+0.012%$663K$107.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5255−0.001%$1.1M$32.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5264+0.058%$1.2M$1.2M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5258+0.019%$52K$473K20xas long as short
Bullet XRP-USD+0.0100%1h1.5258+0.017%$41K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5258+0.019%$83K$601K50xas long as short
SunX XRP-USDT+0.0100%8h1.5261+0.042%$128K$1.5M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5261+0.039%$33K$1.4M10xas long as short
HTX XRP-USDT+0.0100%8h1.5254−0.007%$49.7M$13.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5261+0.039%$54.4M$33.3M50xas long as short
Bulk XRP-USD+0.0100%1h1.5287+0.206%$1.6M$32K20xas long as short
Vest XRP-PERP+0.0100%1h1.5254−0.009%$15K10xas long as short
Extended XRP-USD+0.0104%1h1.5244−0.070%$2.2M$6.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5256+0.005%$59K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0104%1h1.5273+0.117%$2.0M$1.2M25xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5264+0.058%$5.5M$42.8M50xas long as short
Kalshi KXXRPPERP+0.0127%8h1.5259+0.026%$1.9M$35.4M2.9xas long as short
BloFin XRP-USDT+0.0220%8h1.5257+0.012%$23.7M$77.6M125xas long as short
Reya XRPRUSDPERPlong+0.0223%1h1.5255long leg$1.3M$1K15x
GMX XRP/USD [ETH-USDC]L +0.0226% / S −0.0461%1h1.5265+0.065%$859K200xas long as short
RISEx XRP/USDCshort+0.0239%1h1.5261+0.041%$513K$726K10x
Aftermath Perps XRPUSD+0.0338%1h1.5265+0.062%$3K$13K10xas long as short