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−0.0121%/8h= −13.2% APRpaid last 24h −0.033%
Price spread now: Binance against Reya−0.050%56s7-day average +0.027% · 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)−0.129%−$13 on $10k
Price spread, last 7 days+0.070%+$7 · spread now −0.050%, 7d avg +0.027%
Together, before fees−0.059%+ Points / potential airdropReya: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.078% cheaper against Reya than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.027%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya XRPRUSDPERP1.51780.0221pay 0.0028% / 1h59m 26s$1.3M$4K15x
ShortBinance XRPUSDT1.51700.0100get 0.0100% / 8h7h 59m$529.6M$2.21B100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Reya. 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
−$25.31
Price spread: −0.050% → +0.027%
−$7.78
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$49.09
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Binance: live order book, 15 min ago. 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 Reya no order-book sample
Sell Binance live order book, 15 min ago0.33 bp5.3 bp −$56.4 bp −$6412.5 bp −$1,25232.3 bp −$16.2K
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: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5182+0.029%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5183+0.038%$1.1M$148K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5188+0.068%$7.7M$24.0M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5173−0.032%$246K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.519%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5185+0.050%$14.6M$73.7M50xas long as short
Hibachi XRP/USDT-P+0.0080%1h1.5178+0.001%$17K$78K7xas long as short
Lighter XRP+0.0096%1h1.5186+0.058%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5189+0.075%$605K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5174−0.021%$997K$6.3M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDT+0.0100%8h1.5170−0.050%$38.5M$86.0M100xas long as short
Pacifica XRP+0.0100%1h1.5187+0.062%$611K$1.1M20xas long as short
Binance XRPUSDTshort+0.0100%8h1.5170−0.050%$529.6M$2.21B100x
Bybit XRPUSDT+0.0100%8h1.5169−0.057%$352.6M$950.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5171−0.044%$127.4M$862.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5175−0.017%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5179+0.009%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5189+0.075%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5180+0.016%$378.2M$150.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5178+0.002%$311.4M$909.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5177−0.006%$106.7M$183.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5173−0.031%$269.0M$389.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5181+0.022%$107.9Mas long as short
Variational Omni XRP+0.0100%8h1.5167−0.067%$4.8M$38.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5161−0.112%$658K$113.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5178+0.003%$1.1M$33.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5161−0.110%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5181+0.025%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5172−0.037%$52K$514K20xas long as short
Bullet XRP-USD+0.0100%1h1.5174−0.021%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5182+0.029%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5164−0.091%$816K$77K10xas long as short
SunX XRP-USDT+0.0100%8h1.5185+0.046%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5183+0.035%$29K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5191+0.087%$49.6M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5189+0.075%$54.1M$32.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5188+0.072%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5176−0.011%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5173−0.031%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5181+0.021%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0111% / S −0.0074%1h1.5184+0.039%$784K200xas long as short
Hyperliquid XRP+0.0141%1h1.5183+0.036%$289.8M$268.2M20xas long as short
Kalshi KXXRPPERP+0.0161%8h1.5192+0.095%$1.8M$33.6M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5188+0.068%$5.6M$48.0M50xas long as short
Backpack XRP_USDC_PERP+0.0183%1h1.5199+0.141%$2.0M$1.4M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5173−0.031%$23.6M$77.7M125xas long as short
Reya XRPRUSDPERPlong+0.0221%1h1.5178long leg$1.3M$4K15x
RISEx XRP/USDC+0.0337%1h1.5179+0.009%$521K$798K10xas long as short
Phoenix XRP+0.0526%1h1.5180+0.016%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0570%1h1.5176−0.010%$2K$16K10xas long as short