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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.2% APRnext payment +$0.15 per $10,000 · paid last 24h +0.033%
Price spread now: Reya against SoDEX−0.015%7-day average −0.007% · you buy dearer than you sell
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 3 days (all we have)+0.122%+$12 on $10k
Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.015%, 7d avg −0.007%
Together, before fees+0.193%+ Points / potential airdropReya: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XRP-USD1.51780.0100pay 0.0013% / 1h12m 46s$29K$1.6M10x
ShortReya XRPRUSDPERP1.51760.0220get 0.0028% / 1h12m 46s$1.3M$4K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against SoDEX. 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
$25.26
Price spread: −0.015% → −0.007%
−$0.72
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$10.54
Costs to cover
0.140%
Break-even
4.1 days
Slippage unknown: SoDEX: live order book, 1 min ago; Reya: no order-book sample. 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 SoDEX live order book, 1 min ago0.33 bp4.3 bp −$48.0 bp −$80doesn't fitdoesn't fit
Sell Reya no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5157−0.138%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5169−0.060%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5178−0.001%$247K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5183+0.033%$7.7M$24.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.517%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5177−0.008%$14.5M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5179+0.003%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5181+0.020%$605K$3.2M20xas long as short
Hibachi XRP/USDT-P+0.0096%1h1.5165−0.088%$17K$78K7xas long as short
Katana Perps XRP-USD+0.0099%8h1.5173−0.033%$20K$384K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5170−0.050%$998K$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5179+0.007%$38.5M$86.6M100xas long as short
Pacifica XRP+0.0100%1h1.5172−0.043%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5179+0.007%$529.5M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5177−0.007%$349.9M$950.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5177−0.007%$127.3M$864.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5145−0.217%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5184+0.040%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.51780.000%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5177−0.007%$377.9M$162.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5180+0.013%$311.8M$928.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5173−0.031%$106.6M$183.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5177−0.007%$268.9M$389.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.51780.000%$107.8Mas long as short
Variational Omni XRP+0.0100%8h1.5148−0.197%$4.8M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5151−0.178%$658K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5160−0.117%$1.1M$34.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5156−0.145%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5180+0.011%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5181+0.020%$52K$515K20xas long as short
Bullet XRP-USD+0.0100%1h1.5180+0.013%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5180+0.013%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.51780.000%$816K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5185+0.043%$127K$1.8M30xas long as short
SoDEX XRP-USDlong+0.0100%1h1.5178long leg$29K$1.6M10x
HTX XRP-USDT+0.0100%8h1.5180+0.013%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5173−0.033%$54.1M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5174−0.026%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5172−0.041%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5184+0.040%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5177−0.007%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0107% / S −0.0070%1h1.5151−0.176%$773K200xas long as short
Hyperliquid XRP+0.0141%1h1.5190+0.079%$290.1M$268.2M20xas long as short
Kalshi KXXRPPERP+0.0168%8h1.5180+0.013%$1.8M$33.9M2.9xas long as short
Backpack XRP_USDC_PERP+0.0174%1h1.5184+0.040%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5184+0.040%$5.6M$48.0M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5177−0.007%$23.6M$77.8M125xas long as short
Reya XRPRUSDPERPshort+0.0220%1h1.5176−0.015%$1.3M$4K15x
RISEx XRP/USDC+0.0394%1h1.5184+0.036%$522K$798K10xas long as short
Phoenix XRP+0.0526%1h1.5180+0.013%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0591%1h1.5164−0.090%$2K$16K10xas long as short