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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.003%
Price spread now: Reya against BloFin−0.172%46s7-day average −0.023% · 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 4 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.670%+$67 · spread now −0.172%, 7d avg −0.023%
Together, before fees+0.667%+ Points / potential airdropReya: Active · farm board+$67 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Reya is 0.149% cheaper against BloFin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.023%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XRP-USDT1.53430.0220pay 0.0220% / 8h6h 53m$23.8M$79.0M125x
ShortReya XRPRUSDPERP1.53170.0222get 0.0028% / 1h53m 55s$1.4M$4K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against BloFin. 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
$0.36
Price spread: −0.172% → −0.023%
−$14.94
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
−$32.58
Costs to cover
0.180%
Break-even
641.5 days
Slippage unknown: BloFin: live order book, 10 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 BloFin live order book, 10 min ago2.25 bp8.3 bp −$89.1 bp −$9113.3 bp −$1,33126.1 bp −$13.0K
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 50 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%1h1.5321−0.143%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5300−0.281%$1.1M$155K10xas long as short
Phoenix XRP0.0000%1h1.5430+0.567%$69K$109K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5325−0.117%$7.9M$22.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5479+0.884%$251K150xas long as short
Kraken Futures PF_XRPUSD+0.0016%1h1.5335−0.050%$14.0M$73.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.414%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0072%1h1.5351+0.051%$17K$78K7xas long as short
01 Exchange XRPUSD+0.0088%1h1.5320−0.150%$9K$2K10xas long as short
Lighter XRP+0.0096%1h1.5339−0.026%$2.8M$14.4M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.53430.000%$616K$3.1M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5318−0.163%$16K$378K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5319−0.158%$478K$51K50xas long as short
Nado XRP-PERP+0.0100%1h1.5318−0.160%$987K$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5324−0.125%$39.1M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5303−0.259%$605K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5314−0.186%$532.7M$2.13B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5299−0.287%$355.3M$910.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5296−0.306%$124.3M$849.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5434+0.593%$567K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5325−0.117%$166K$705K20xas long as short
Bulk XRP-USD+0.0100%1h1.5425+0.532%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5336−0.046%$383.3M$156.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5338−0.033%$303.7M$897.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5336−0.046%$107.9M$180.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5294−0.319%$270.3M$363.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5307−0.235%$4.2Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5347+0.026%$2.0M$1.3M25xas long as short
Variational Omni XRP+0.0100%8h1.5429+0.564%$4.9M$38.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5432+0.581%$672K$113.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5452+0.713%$1.1M$32.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5438+0.619%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5335−0.051%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5323−0.130%$52K$480K20xas long as short
Bullet XRP-USD+0.0100%1h1.5326−0.110%$41K$66K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5324−0.124%$69K$633K50xas long as short
SunX XRP-USDT+0.0100%8h1.5342−0.008%$128K$1.6M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5323−0.130%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5319−0.156%$50.0M$14.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.53430.000%$54.6M$33.4M50xas long as short
Extended XRP-USD+0.0104%1h1.5333−0.066%$2.1M$5.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5368+0.163%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0120%1h1.5335−0.052%$5.4M$46.4M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0145% / S −0.0113%1h1.5348+0.030%$822K200xas long as short
Hyperliquid XRP+0.0167%1h1.5353+0.065%$294.6M$268.1M20xas long as short
Kalshi KXXRPPERP+0.0169%8h1.5328−0.098%$1.7M$33.0M2.9xas long as short
BloFin XRP-USDTlong+0.0220%8h1.5343long leg$23.8M$79.0M125x
Reya XRPRUSDPERPshort+0.0222%1h1.5317−0.172%$1.4M$4K15x
RISEx XRP/USDC+0.0272%1h1.5327−0.106%$512K$795K10xas long as short
Aftermath Perps XRPUSD+0.0499%1h1.5423+0.524%$3K$15K10xas long as short