XRP

Alert

Funding spread now, next payment 16:00 UTC−0.0661%/8h

next payment, per $10,000−$0.83paid, last 24h−0.004%paid, last 3 days−0.074%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.074% in total (about -9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid XRP	1.5000	0.0866	pay 0.0108% / 1h	41m 21s	$267.9M	$149.8M	20x
Short	Reya XRPRUSDPERP	1.4978	0.0205	get 0.0026% / 1h	41m 21s	$1.3M	$15K	15x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee ReyabpOrdersRate

Funding earned: −$138.84
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Reya: 3 bp × 2 orders: −$6
Net: −$153.84
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 4 min ago; Reya: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.145%
Avg gap 7d: −0.064%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Hyperliquid live order book, 4 min ago	0.33 bp	4.8 bp −$5	8.1 bp −$81	doesn't fit	doesn'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 50 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
GMX XRP/USD [ETH-USDC]	L −0.0205% / S +0.0292%	1h	$1.6M	—	200x	as long as short
edgeX XRPUSDC	−0.0119%	4h	$680K	$83.5M	30x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	$6K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	$1.1M	$107K	10x	as long as short
Phoenix XRP	0.0000%	1h	$26K	$28K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	$8.2M	$19.3M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0003%	1h	$209K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	$2K	$63K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0051%	8h	$188K	$766K	50x	as long as short
Lighter XRP	+0.0096%	1h	$2.9M	$7.5M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	$478K	$1.9M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	$13K	$221K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	$469K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	$1.1M	$4.7M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	$38.0M	$65.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	$635K	$982K	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	$532.2M	$1.63B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	$335.0M	$740.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	$124.3M	$753.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	$559K	$47K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	$117K	$594K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	$1.7M	$213K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	$356.8M	$119.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	$286.7M	$710.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	$114.9M	$143.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	$256.9M	$303.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	—	$92.1M	—	as long as short
Backpack XRP_USDC_PERP	+0.0100%	1h	$1.7M	$929K	25x	as long as short
Variational Omni XRP	+0.0100%	8h	$5.9M	$16.3M	—	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	$1.2M	$723K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	$62K	$377K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	$41K	$55K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	$807K	$68K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	$126K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	$29K	$2.1M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	$49.4M	$13.0M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	$53.8M	$24.9M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	$1.9M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	$72K	$39K	3x	as long as short
01 Exchange XRPUSD	+0.0152%	1h	$8K	$8K	10x	as long as short
Kalshi KXXRPPERP	+0.0191%	8h	$2.0M	$34.1M	2.9x	as long as short
Reya XRPRUSDPERPshort	+0.0205%	1h	$1.3M	$15K	15x
BloFin XRP-USDT	+0.0220%	8h	$23.5M	$55.6M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	$5.5M	$36.0M	50x	as long as short
Hibachi XRP/USDT-P	+0.0304%	1h	$20K	$30K	7x	as long as short
Kraken Futures PF_XRPUSD	+0.0366%	1h	$17.6M	$42.3M	50x	as long as short
RISEx XRP/USDC	+0.0579%	1h	$397K	$412K	10x	as long as short
Aftermath Perps XRPUSD	+0.0865%	1h	$1K	$8K	10x	as long as short
Hyperliquid XRPlong	+0.0866%	1h	$267.9M	$149.8M	20x