Funding you earn now, next payment 10:00 UTC−0.0124%/8h= −13.5% APRpaid last 24h −0.033%
Price spread now: Paradex against Reya−0.029%7-day average +0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.116%−$12 on $10k
+Price spread, last 4 days (all we have)−0.351%−$35 · spread now −0.029%, 7d avg +0.006%
=Together, before fees−0.468%+ Points / potential airdropReya: Active · Paradex: Active · farm board−$47 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 Paradex is 0.035% cheaper against Reya than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya XRPRUSDPERP | 1.5404 | 0.0223 | pay 0.0028% / 1h | 3m 52s | $1.4M | $1K | 15x |
| Short | Paradex XRP-USD-PERP | 1.5399 | 0.0099 | get 0.0099% / 8h | 6h 03m | $480K | $47K | 50x |
Reya XRPRUSDPERP
Paradex XRP-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$25.95
- Price spread: −0.029% → +0.006%
- −$3.47
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$39.42
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Paradex: live order book, 48 min ago. 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 Paradex live order book, 48 min ago | 6.52 bp | 8.5 bp −$9 | 158.7 bp −$1,587 | doesn't fit | doesn'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 50 exchanges
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 | 1.5414 | +0.065% | $5K | $4K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5402 | −0.011% | $1.1M | $155K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5419 | +0.098% | $7.9M | $21.7M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5416 | +0.077% | $246K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0015% | 1h | 1.5415 | +0.074% | $14.2M | $72.1M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.013% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0048% | 1h | 1.5404 | 0.000% | $9K | $1K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5420 | +0.105% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5425 | +0.137% | $608K | $3.1M | 20x | as long as short |
| Paradex XRP-USD-PERPshort | +0.0099% | 8h | 1.5399 | −0.029% | $480K | $47K | 50x |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRPShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5398 | −0.039% | $10K | $399K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5406 | +0.010% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5432 | +0.182% | $300.8M | $267.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5420 | +0.105% | $39.6M | $81.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5407 | +0.017% | $593K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5422 | +0.117% | $537.5M | $2.09B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5423 | +0.124% | $363.9M | $894.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5418 | +0.091% | $125.4M | $845.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5398 | −0.039% | $565K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5411 | +0.046% | $166K | $683K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5424 | +0.130% | $383.0M | $161.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5422 | +0.117% | $317.5M | $922.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5424 | +0.128% | $107.1M | $181.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5417 | +0.085% | $273.4M | $358.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5422 | +0.117% | — | $103.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5394 | −0.065% | $5.1M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5372 | −0.205% | $683K | $110.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5414 | +0.066% | $1.1M | $31.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5368 | −0.233% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5408 | +0.028% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5406 | +0.013% | $53K | $476K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5407 | +0.020% | $42K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5416 | +0.078% | $76K | $607K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5416 | +0.080% | $129K | $1.5M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5414 | +0.065% | $32K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5402 | −0.009% | $50.2M | $14.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5415 | +0.072% | $55.0M | $33.3M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5369 | −0.226% | $1.6M | $25K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5417 | +0.082% | $2.2M | $6.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5409 | +0.033% | $59K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0120% | 1h | 1.5412 | +0.051% | $17K | $76K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0120% | 1h | 1.5417 | +0.085% | $5.5M | $45.3M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0145% | 8h | 1.5409 | +0.033% | $1.9M | $34.6M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0164% / S −0.0349% | 1h | 1.5419 | +0.099% | $611K | — | 200x | as long as short |
| Backpack XRP_USDC_PERP | +0.0197% | 1h | 1.5430 | +0.169% | $2.0M | $1.2M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5391 | −0.084% | $23.8M | $78.9M | 125x | as long as short |
| Reya XRPRUSDPERPlong | +0.0223% | 1h | 1.5404 | long leg | $1.4M | $1K | 15x | |
| RISEx XRP/USDC | +0.0272% | 1h | 1.5409 | +0.035% | $514K | $782K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0440% | 1h | 1.5396 | −0.052% | $3K | $14K | 10x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5410 | +0.039% | $69K | $109K | 15x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus 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
Bulk XRP-USD
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
GMX XRP/USD [ETH-USDC]
Backpack XRP_USDC_PERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD
Phoenix XRP