Funding you earn now, next payment 07:00 UTC−0.0119%/8h= −13.0% APRnext payment −$0.15 per $10,000 · paid last 24h −0.032%
Price spread now: Derive against Reya−0.005%51s7-day average +0.014% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.114%−$11 on $10k
+Price spread, last 4 days (all we have)−0.104%−$10 · spread now −0.005%, 7d avg +0.014%
=Together, before fees−0.218%+ Points / potential airdropReya: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya XRPRUSDPERP | 1.5152 | 0.0219 | pay 0.0027% / 1h | 43m 29s | $1.3M | $5K | 15x |
| Short | Derive XRP-PERP | 1.5151 | 0.0100 | get 0.0013% / 1h | 43m 29s | $815K | $73K | 10x |
Reya XRPRUSDPERP
Derive XRP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$24.92
- Price spread: −0.005% → +0.014%
- −$1.87
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$38.8
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Derive: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
Reya and Derive: 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 | 1.5153 | +0.009% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5141 | −0.071% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5130 | −0.143% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5160 | +0.054% | $245K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5149 | −0.018% | $14.5M | $75.4M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.695% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5165 | +0.088% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5154 | +0.016% | $7.7M | $25.0M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0081% / S −0.0028% | 1h | 1.5161 | +0.059% | $799K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5141 | −0.070% | $2.8M | $15.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
GMX XRP/USD [ETH-USDC]
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5160 | +0.055% | $545K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5157 | +0.035% | $13K | $368K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5162 | +0.072% | $988K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5161 | +0.062% | $38.5M | $87.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5151 | −0.002% | $606K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5163 | +0.073% | $530.5M | $2.23B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5152 | +0.002% | $345.7M | $969.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5155 | +0.022% | $127.4M | $892.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5161 | +0.062% | $563K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5167 | +0.101% | $143K | $721K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5129 | −0.150% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5160 | +0.055% | $373.2M | $159.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5161 | +0.062% | $298.5M | $920.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5164 | +0.082% | $107.5M | $182.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5154 | +0.016% | $267.5M | $400.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5161 | +0.062% | — | $106.4M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5118 | −0.223% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5135 | −0.110% | $657K | $114.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5133 | −0.123% | $1.1M | $36.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5147 | −0.031% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5156 | +0.030% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5156 | +0.029% | $47K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5162 | +0.067% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5153 | +0.009% | $65K | $810K | 50x | as long as short |
| Derive XRP-PERPshort | +0.0100% | 1h | 1.5151 | −0.005% | $815K | $73K | 10x | |
| SunX XRP-USDT | +0.0100% | 8h | 1.5152 | +0.004% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5148 | −0.024% | $30K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5155 | +0.022% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5152 | +0.002% | $54.1M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5153 | +0.006% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5164 | +0.083% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5151 | −0.008% | $58K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0157% | 1h | 1.5167 | +0.101% | $288.8M | $264.9M | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.0160% | 1h | 1.5161 | +0.061% | $17K | $79K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0161% | 1h | 1.5153 | +0.009% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5155 | +0.022% | $5.7M | $48.3M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0218% | 8h | 1.5153 | +0.009% | $1.7M | $35.3M | 2.9x | as long as short |
| Reya XRPRUSDPERPlong | +0.0219% | 1h | 1.5152 | long leg | $1.3M | $5K | 15x | |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5172 | +0.134% | $23.5M | $78.1M | 125x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5166 | +0.095% | $523K | $795K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0562% | 1h | 1.5156 | +0.031% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Hyperliquid XRP
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD