Funding you earn now, next payment 00:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h +0.031%
Price spread now: Reya against Bulk−0.123%7-day average −0.033% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.104%+$10 on $10k
+Price spread, last 7 days+0.109%+$11 · spread now −0.123%, 7d avg −0.033%
=Together, before fees+0.213%+ Points / potential airdropReya: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.090% cheaper against Bulk than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of −0.033%). If the spread goes back, that is −$9 on $10k: about 2.7 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk XRP-USD | 1.5506 | 0.0100 | pay 0.0013% / 1h | 38m 23s | $1.7M | $573K | 20x |
| Short | Reya XRPRUSDPERP | 1.5487 | 0.0212 | get 0.0027% / 1h | 38m 23s | $1.4M | $8K | 15x |
Bulk XRP-USD
Reya XRPRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Bulk. 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
- $23.55
- Price spread: −0.123% → −0.033%
- −$8.96
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $1.58
- Costs to cover
- 0.130%
- Break-even
- 6.5 days
Slippage unknown: Bulk: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bulk live order book, 1 min ago | 0.32 bp | 3.8 bp −$4 | 5.5 bp −$55 | 12.3 bp −$1,227 | 26.1 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 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 | 1.5494 | −0.077% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5485 | −0.137% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5550 | +0.285% | $69K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5488 | −0.119% | $259K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0007% / S +0.0103% | 1h | 1.5486 | −0.128% | $853K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0008% | 1h | 1.5490 | −0.102% | $9.6M | $25.4M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5486 | −0.125% | $15.5M | $68.8M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0057% | 8h | 1.5489 | −0.109% | $76K | $909K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +0.349% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5487 | −0.121% | $3.0M | $12.6M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Injective XRP/USDC PERP
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 | 1.5491 | −0.096% | $441K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5494 | −0.076% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5498 | −0.054% | $39.4M | $80.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5490 | −0.101% | $637K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5490 | −0.100% | $554.0M | $2.02B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5488 | −0.115% | $346.9M | $918.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5489 | −0.109% | $126.9M | $885.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5473 | −0.212% | $578K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5497 | −0.057% | $116K | $754K | 20x | as long as short |
| Bulk XRP-USDlong | +0.0100% | 1h | 1.5506 | long leg | $1.7M | $573K | 20x | |
| Gate XRP_USDT | +0.0100% | 8h | 1.5491 | −0.096% | $373.3M | $144.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5489 | −0.109% | $296.5M | $873.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5498 | −0.053% | $112.9M | $163.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5486 | −0.128% | $270.2M | $372.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5490 | −0.102% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5522 | +0.101% | $11.6M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5529 | +0.147% | $674K | $103.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5516 | +0.067% | $1.1M | $40.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5524 | +0.117% | $1.0M | $899K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5491 | −0.097% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5504 | −0.012% | $47K | $454K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5491 | −0.096% | $42K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5489 | −0.109% | $834K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5496 | −0.061% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5486 | −0.128% | $33K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5490 | −0.103% | $50.8M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5482 | −0.154% | $55.1M | $29.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5494 | −0.074% | $483K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5500 | −0.038% | $12K | $268K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5483 | −0.148% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5485 | −0.135% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5502 | −0.025% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERPshort | +0.0212% | 1h | 1.5487 | −0.123% | $1.4M | $8K | 15x | |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5488 | −0.115% | $24.5M | $74.3M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5495 | −0.070% | $5.9M | $47.4M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0264% | 1h | 1.5494 | −0.079% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0311% | 8h | 1.5508 | +0.014% | $2.0M | $34.1M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0323% | 1h | 1.5492 | −0.090% | $1.7M | $1.0M | 25x | as long as short |
| Hyperliquid XRP | +0.0599% | 1h | 1.5510 | +0.027% | $294.8M | $209.6M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5509 | +0.018% | $504K | $633K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0789% | 1h | 1.5540 | +0.217% | $1K | $11K | 10x | as long as short |
Lighter RH XRP
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus 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
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD