XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.050%

Price spread now: Reya against Injective−2.770%7-day average +0.122% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.127%+$13 on $10k

Price spread, last 4 days (all we have)+3.521%+$352 · spread now −2.770%, 7d avg +0.122%

Together, before fees+3.648%+ Points / potential airdropReya: Active · farm board+$365 on $10k · with fees, hour by hour

Funding pays, the price is against you. Reya is 2.891% cheaper against Injective than usual: you would sell low and buy high (spread −2.770% now, against its 7-day average of +0.122%). If the spread goes back, that is −$289 on $10k: about 52 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective XRP/USDC PERP	1.5560	0.0033	pay 0.0004% / 1h	6m 56s	$2K	$107K	30x
Short	Reya XRPRUSDPERP	1.5129	0.0217	get 0.0027% / 1h	6m 56s	$1.3M	$7K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee ReyabpOrdersPrice spread, now −2.770%Rate

Funding earned: $38.61
Price spread: −2.770% → +0.122%: −$289.14
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Reya: 3 bp × 2 orders: −$6
Net: −$256.56
Costs to cover: 0.060%
Break-even: 53.5 days

Slippage unknown: Injective: live order book, 47 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 Injective live order book, 47 min ago	46.05 bp	46.1 bp −$46	59.2 bp −$592	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 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	1.5133	−2.744%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5131	−2.759%	$1.1M	$115K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5142	−2.686%	$7.7M	$25.6M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5132	−2.747%	$258K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5141	−2.694%	$14.3M	$74.7M	50x	as long as short
Injective XRP/USDC PERPlong	+0.0033%	1h	1.5560	long leg	$2K	$107K	30x
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5131	−2.758%	$794K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5140	−2.698%	$2.8M	$14.8M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5141	−2.693%	$496K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5128	−2.776%	$10K	$355K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5135	−2.728%	$982K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5146	−2.659%	$39.0M	$86.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5136	−2.728%	$607K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5148	−2.646%	$533.6M	$2.17B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5152	−2.622%	$343.8M	$947.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5155	−2.603%	$125.3M	$886.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5121	−2.821%	$563K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5144	−2.674%	$137K	$721K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5138	−2.710%	$1.6M	$29K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5149	−2.641%	$375.0M	$158.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5149	−2.641%	$294.1M	$910.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5150	−2.638%	$109.2M	$178.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5150	−2.635%	$268.9M	$391.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5151	−2.629%	—	$128.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5130	−2.765%	$4.8M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5113	−2.870%	$656K	$111.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5106	−2.918%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5119	−2.834%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5130	−2.761%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5136	−2.725%	$49K	$480K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5129	−2.768%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5137	−2.719%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5138	−2.713%	$814K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5133	−2.741%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5139	−2.706%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5142	−2.684%	$49.5M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5139	−2.706%	$53.9M	$31.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5138	−2.711%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5147	−2.657%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5135	−2.731%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5140	−2.699%	$8K	$8K	10x	as long as short
Kalshi KXXRPPERP	+0.0177%	8h	1.5141	−2.693%	$1.8M	$35.3M	2.9x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5144	−2.674%	$5.7M	$48.2M	50x	as long as short
Reya XRPRUSDPERPshort	+0.0217%	1h	1.5129	−2.770%	$1.3M	$7K	15x
BloFin XRP-USDT	+0.0220%	8h	1.5139	−2.706%	$24.2M	$75.8M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0235%	1h	1.5150	−2.635%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0280%	1h	1.5122	−2.815%	$17K	$82K	7x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5143	−2.682%	$516K	$777K	10x	as long as short
Hyperliquid XRP	+0.0379%	1h	1.5153	−2.616%	$290.7M	$255.8M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5110	−2.892%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0637%	1h	1.5136	−2.725%	$2K	$15K	10x	as long as short