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+0.0220%/8h= +24.1% APRnext payment +$0.27 per $10,000 · paid last 24h +0.063%
Price spread now: Reya against dYdX−0.133%46s7-day average −0.025% · 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)+0.220%+$22 on $10k
Price spread, last 7 days+0.203%+$20 · spread now −0.133%, 7d avg −0.025%
Together, before fees+0.423%+ Points / potential airdropReya: Active · farm board+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.108% cheaper against dYdX than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of −0.025%). If the spread goes back, that is −$11 on $10k: about 39 hours of funding at the current rate (+$7 a day). 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
LongdYdX XRP-USD1.52310get 0.0000% / 1h48m 28s$1.1M$148K10x
ShortReya XRPRUSDPERP1.52110.0220get 0.0027% / 1h48m 28s$1.3M$4K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against dYdX. 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
$46.13
Price spread: −0.133% → −0.025%
−$10.78
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$19.35
Costs to cover
0.160%
Break-even
4.1 days
Slippage unknown: dYdX: 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 dYdX live order book, 1 min ago17.09 bp22.1 bp −$2225.2 bp −$25228.5 bp −$2,85371.0 bp −$35.5K
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%1h1.5208−0.154%$5K$3K20xas long as short
dYdX XRP-USDlong0.0000%1h1.5231long leg$1.1M$148K10x
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5218−0.091%$246K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5224−0.049%$7.8M$24.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.157%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5221−0.068%$14.5M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5240+0.055%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5239+0.050%$605K$3.2M20xas long as short
GMX XRP/USD [ETH-USDC]L +0.0097% / S −0.0055%1h1.5217−0.094%$785K200xas long as short
Katana Perps XRP-USD+0.0099%8h1.5226−0.036%$10K$372K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5231−0.006%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5233+0.010%$38.7M$87.1M100xas long as short
Pacifica XRP+0.0100%1h1.5239+0.050%$614K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5234+0.016%$533.5M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5229−0.016%$350.3M$958.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5231−0.003%$127.9M$882.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5190−0.272%$566K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5242+0.069%$145K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5191−0.269%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5238+0.043%$379.6M$159.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5239+0.050%$315.5M$917.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5237+0.034%$107.3M$184.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5231−0.003%$269.3M$393.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5236+0.030%$107.5Mas long as short
Variational Omni XRP+0.0100%8h1.5190−0.275%$4.9M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5208−0.155%$661K$113.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5188−0.283%$1.1M$35.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5215−0.108%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5233+0.009%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5235+0.023%$50K$511K20xas long as short
Bullet XRP-USD+0.0100%1h1.5217−0.095%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5218−0.088%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5220−0.075%$819K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5210−0.143%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5219−0.082%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5218−0.088%$49.7M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5225−0.042%$54.4M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5241+0.061%$475K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5237+0.034%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5216−0.101%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5216−0.099%$17K$78K7xas long as short
01 Exchange XRPUSD+0.0128%1h1.5233+0.010%$9K$2K10xas long as short
Backpack XRP_USDC_PERP+0.0167%1h1.5232+0.004%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0168%1h1.5245+0.089%$290.4M$267.5M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5222−0.062%$5.6M$48.2M50xas long as short
Kalshi KXXRPPERP+0.0210%8h1.5211−0.134%$1.7M$34.6M2.9xas long as short
Reya XRPRUSDPERPshort+0.0220%1h1.5211−0.133%$1.3M$4K15x
BloFin XRP-USDT+0.0220%8h1.5219−0.082%$23.7M$78.0M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5242+0.069%$530K$803K10xas long as short
Phoenix XRP+0.0526%1h1.5200−0.207%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0669%1h1.5215−0.106%$2K$16K10xas long as short