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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0114%/8h= −12.4% APRnext payment $0.14 per $10,000 · paid last 24h −0.031%
Price spread now: Polymarket Perps against Reya+0.025%7-day average +0.025% · 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)−0.105%−$10 on $10k
Price spread, last 3 days (all we have)−0.016%−$2 · spread now +0.025%, 7d avg +0.025%
Together, before fees−0.121%+ Points / potential airdropReya: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya XRPRUSDPERP1.52110.0214pay 0.0027% / 1h58m 19s$1.3M$7K15x
ShortPolymarket Perps XRP-USD1.52150.0100get 0.0013% / 1h58m 19s$44K$449K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$23.85
Price spread: +0.025% → +0.025%
−$0.03
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$37.89
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Polymarket Perps: live order book, 9 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 Polymarket Perps live order book, 9 min ago1.95 bp8.4 bp −$89.7 bp −$97doesn't fitdoesn'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%1h1.5181−0.199%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5165−0.301%$1.1M$116K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5188−0.152%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0020% / S +0.0069%1h1.5194−0.116%$834K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.293%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5194−0.115%$14.2M$70.5M50xas long as short
Orderly PERP_XRP_USDC+0.0066%8h1.5198−0.087%$57K$935K50xas long as short
01 Exchange XRPUSD+0.0080%1h1.5214+0.018%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5200−0.077%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5201−0.067%$507K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5207−0.028%$11K$288K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5186−0.163%$473K$55K50xas long as short
Nado XRP-PERP+0.0100%1h1.5220+0.058%$923K$5.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5213+0.010%$38.4M$83.6M100xas long as short
Pacifica XRP+0.0100%1h1.5177−0.226%$616K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5201−0.068%$536.0M$2.07B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5204−0.048%$339.2M$924.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5203−0.054%$122.6M$866.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5190−0.140%$567K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5206−0.035%$115K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5350+0.910%$1.7M$327K20xas long as short
Gate XRP_USDT+0.0100%8h1.5199−0.081%$367.7M$146.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5199−0.081%$296.6M$886.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5220+0.056%$109.3M$168.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5197−0.094%$266.2M$378.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5193−0.120%$125.9Mas long as short
Variational Omni XRP+0.0100%8h1.5216+0.030%$6.4M$35.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5260+0.319%$663K$107.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5199−0.078%$1.1M$37.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5252+0.268%$1.2M$999K50xas long as short
Vest XRP-PERP+0.0100%1h1.5213+0.010%$10K10xas long as short
Polymarket Perps XRP-USDshort+0.0100%1h1.5215+0.025%$44K$449K20x
Bullet XRP-USD+0.0100%1h1.5203−0.052%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5195−0.104%$818K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5205−0.044%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5196−0.100%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5202−0.060%$49.8M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5196−0.100%$53.9M$29.4M50xas long as short
Extended XRP-USD+0.0104%1h1.5192−0.124%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5198−0.089%$58K$25K3xas long as short
Deribit XRP_USDC-PERPETUAL+0.0145%1h1.5198−0.087%$9.2M$24.6M50xas long as short
Hyperliquid XRP+0.0183%1h1.5218+0.044%$283.4M$219.9M20xas long as short
Reya XRPRUSDPERPlong+0.0214%1h1.5211long leg$1.3M$7K15x
Coinbase International XRP-PERP-INTX+0.0216%1h1.5197−0.094%$5.7M$46.3M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5226+0.097%$24.1M$74.0M125xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5221+0.065%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0324%8h1.5201−0.067%$2.0M$34.9M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5206−0.035%$537K$777K10xas long as short
Phoenix XRP+0.0520%1h1.5240+0.189%$68K$110K15xas long as short
Backpack XRP_USDC_PERP+0.0623%1h1.5230+0.123%$1.9M$1.3M25xas long as short
Aftermath Perps XRPUSD+0.0827%1h1.5257+0.303%$2K$13K10xas long as short