Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Coinbase International against Reya+0.031%7-day average +0.041% · you sell dearer than you buy
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 3 days (all we have)−0.064%−$6 on $10k
Price spread, last 3 days (all we have)−0.052%−$5 · spread now +0.031%, 7d avg +0.041%
Together, before fees−0.116%+ Points / potential airdropReya: Active · farm board−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya XRPRUSDPERP1.52180.0214pay 0.0027% / 1h58m 39s$1.3M$7K15x
ShortCoinbase International XRP-PERP-INTX1.52230.0216get 0.0027% / 1h58m 39s$5.7M$46.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$0.51
Price spread: +0.031% → +0.041%
−$0.99
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$16.48
Costs to cover
0.160%
Break-even
233.9 days
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 5 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 Coinbase International live order book, 5 min ago0.33 bp7.4 bp −$710.7 bp −$10726.5 bp −$2,645doesn't fit
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%1h1.5181−0.245%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5165−0.347%$1.1M$116K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5219+0.005%$255K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0020% / S +0.0070%1h1.5220+0.014%$834K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.246%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5219+0.007%$14.3M$70.5M50xas long as short
Orderly PERP_XRP_USDC+0.0065%8h1.5221+0.018%$57K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0079%1h1.5220+0.011%$9.2M$24.6M50xas long as short
01 Exchange XRPUSD+0.0080%1h1.5214−0.028%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5170−0.316%$2.8M$14.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5191−0.179%$507K$3.2M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5207−0.074%$11K$288K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5186−0.209%$473K$55K50xas long as short
Nado XRP-PERP+0.0100%1h1.5227+0.056%$1.0M$5.6M20xas long as short
Aster XRPUSDT+0.0100%8h1.5186−0.212%$38.4M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5177−0.272%$616K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5218−0.003%$536.6M$2.07B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5186−0.212%$338.7M$924.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5190−0.186%$122.4M$864.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5190−0.186%$567K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5206−0.081%$115K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5350+0.863%$1.7M$327K20xas long as short
Gate XRP_USDT+0.0100%8h1.5192−0.173%$367.2M$146.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5168−0.330%$294.9M$886.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5166−0.345%$108.9M$168.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5199−0.127%$266.3M$378.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5200−0.120%$125.8Mas long as short
Variational Omni XRP+0.0100%8h1.5216−0.016%$6.4M$35.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5260+0.273%$663K$107.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5199−0.124%$1.1M$37.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5252+0.222%$1.2M$999K50xas long as short
Vest XRP-PERP+0.0100%1h1.5219+0.007%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5226+0.051%$44K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5224+0.038%$41K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5226+0.054%$820K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5232+0.087%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5222+0.025%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5217−0.007%$49.9M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5221+0.018%$54.0M$29.6M50xas long as short
Extended XRP-USD+0.0104%1h1.5192−0.172%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5215−0.021%$58K$25K3xas long as short
Hyperliquid XRP+0.0154%1h1.5198−0.133%$283.1M$219.7M20xas long as short
Reya XRPRUSDPERPlong+0.0214%1h1.5218long leg$1.3M$7K15x
Coinbase International XRP-PERP-INTXshort+0.0216%1h1.5223+0.031%$5.7M$46.4M50x
BloFin XRP-USDT+0.0220%8h1.5226+0.051%$24.1M$74.0M125xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5213−0.032%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0322%8h1.5223+0.031%$2.0M$34.9M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5206−0.081%$537K$777K10xas long as short
Phoenix XRP+0.0520%1h1.5240+0.143%$68K$110K15xas long as short
Backpack XRP_USDC_PERP+0.0623%1h1.5230+0.077%$1.9M$1.3M25xas long as short
Aftermath Perps XRPUSD+0.0844%1h1.5269+0.334%$2K$13K10xas long as short