XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.031%

Price spread now: Reya against Nado−0.034%7-day average −0.054% · you buy dearer than you sell

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

Long on Nado Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.106%+$11 on $10k

Price spread, last 7 days−0.030%−$3 · spread now −0.034%, 7d avg −0.054%

Together, before fees+0.076%+ Points / potential airdropNado: Active · Reya: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Reya is 0.020% dearer against Nado than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XRP-PERP	1.5136	0.0100	pay 0.0012% / 1h	35m 18s	$806K	$5.9M	20x
Short	Reya XRPRUSDPERP	1.5131	0.0214	get 0.0027% / 1h	35m 18s	$1.3M	$7K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Nado. 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

Position, each leg$Hold fordaysFee NadobpFee ReyabpOrdersPrice spread, now −0.034%Rate

Funding earned: $23.93
Price spread: −0.034% → −0.054%: $2
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $12.93
Costs to cover: 0.130%
Break-even: 3.2 days

Slippage unknown: Nado: live order book, 4 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 Nado live order book, 4 min ago	0.33 bp	6.0 bp −$6	11.3 bp −$113	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	1.5135	−0.010%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5124	−0.083%	$1.1M	$120K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5100	−0.241%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5123	−0.087%	$252K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0019% / S +0.0062%	1h	1.5122	−0.098%	$801K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.798%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5127	−0.063%	$14.6M	$72.7M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0071%	8h	1.5133	−0.023%	$58K	$949K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5132	−0.030%	$2.8M	$14.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5134	−0.017%	$517K	$3.3M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5127	−0.063%	$11K	$307K	20x	as long as short
Nado XRP-PERPlong	+0.0100%	1h	1.5136	long leg	$806K	$5.9M	20x
Aster XRPUSDT	+0.0100%	8h	1.5135	−0.007%	$38.5M	$84.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5134	−0.019%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5131	−0.036%	$537.3M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5134	−0.017%	$340.2M	$942.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5137	+0.003%	$123.7M	$871.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5069	−0.446%	$561K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5138	+0.010%	$115K	$723K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5101	−0.235%	$1.6M	$307K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5128	−0.056%	$367.1M	$151.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5137	+0.003%	$290.7M	$907.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5130	−0.043%	$106.7M	$172.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5130	−0.043%	$265.6M	$385.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5127	−0.063%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5126	−0.068%	$6.2M	$35.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5093	−0.287%	$655K	$108.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5084	−0.349%	$1.1M	$38.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5107	−0.195%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5133	−0.020%	—	$12K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5135	−0.010%	$45K	$446K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5132	−0.031%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5135	−0.012%	$814K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5143	+0.043%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5132	−0.030%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5130	−0.045%	$49.6M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5131	−0.036%	$53.8M	$29.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5132	−0.027%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5128	−0.056%	$2.0M	$7.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5130	−0.046%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0144%	1h	1.5136	−0.003%	$8K	$8K	10x	as long as short
Hyperliquid XRP	+0.0211%	1h	1.5142	+0.036%	$280.7M	$221.9M	20x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0213%	1h	1.5134	−0.017%	$7.6M	$25.3M	50x	as long as short
Reya XRPRUSDPERPshort	+0.0214%	1h	1.5131	−0.034%	$1.3M	$7K	15x
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5134	−0.017%	$5.7M	$46.6M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.373%	$24.0M	$75.2M	125x	as long as short
Hibachi XRP/USDT-P	+0.0320%	1h	1.5094	−0.282%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0337%	1h	1.5141	+0.030%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0342%	8h	1.5137	+0.003%	$2.1M	$36.1M	2.9x	as long as short
RISEx XRP/USDC	+0.0456%	1h	1.5139	+0.016%	$536K	$783K	10x	as long as short
Aftermath Perps XRPUSD	+0.0799%	1h	1.5121	−0.102%	$2K	$14K	10x	as long as short