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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0215%/8h= −23.5% APRnext payment $0.27 per $10,000 · paid last 24h −0.026%
Price spread now: 01 Exchange against Reya−0.006%52s7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya XRPRUSDPERP1.52790.0223pay 0.0028% / 1h44m 18s$1.4M$1K15x
Short01 Exchange XRPUSD1.52780.0008get 0.0001% / 1h44m 18s$9K$98710x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$45.14
Price spread: −0.006% → 0.000%
−$0.62
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$58.76
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell 01 Exchange no order-book sample
Reya and 01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5350+0.465%$5K$4K20xas long as short
Kraken Futures PF_XRPUSD−0.0062%1h1.5307+0.184%$14.0M$70.4M50xas long as short
dYdX XRP-USD0.0000%1h1.5277−0.014%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5340+0.400%$69K$108K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5302+0.151%$7.8M$21.0M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5286+0.047%$242K150xas long as short
01 Exchange XRPUSDshort+0.0008%1h1.5278−0.006%$9K$98710x
Injective XRP/USDC PERP+0.0033%1h1.5560+1.840%$2K$107K30xas long as short
SoDEX XRP-USD+0.0081%1h1.5300+0.138%$29K$1.5M10xas long as short
Lighter XRP+0.0096%1h1.5279−0.002%$2.8M$14.1M20xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5282+0.020%$597K$3.1M20xas long as short
Hibachi XRP/USDT-P+0.0096%1h1.5285+0.040%$17K$76K7xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5281+0.014%$477K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5276−0.019%$10K$399K20xas long as short
Nado XRP-PERP+0.0100%1h1.5278−0.003%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5291+0.079%$297.7M$267.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5294+0.099%$39.2M$81.4M100xas long as short
Pacifica XRP+0.0100%1h1.5281+0.016%$590K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5293+0.095%$533.1M$2.08B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5298+0.125%$360.7M$885.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5296+0.112%$124.3M$834.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.52790.000%$562K$36K5xas long as short
Arcus XRP-USD+0.0100%1h1.5286+0.046%$164K$682K20xas long as short
Bulk XRP-USD+0.0100%1h1.5314+0.230%$1.6M$26K20xas long as short
Gate XRP_USDT+0.0100%8h1.5294+0.099%$379.9M$156.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5288+0.059%$311.2M$892.6M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5278−0.004%$105.1M$181.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5298+0.125%$271.4M$356.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5295+0.105%$99.5Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5298+0.125%$2.0M$1.2M25xas long as short
Variational Omni XRP+0.0100%8h1.5309+0.194%$5.0M$38.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5313+0.226%$665K$109.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5321+0.273%$1.1M$30.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5317+0.249%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5288+0.061%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5286+0.046%$52K$474K20xas long as short
Bullet XRP-USD+0.0100%1h1.5291+0.081%$41K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5300+0.138%$83K$613K50xas long as short
SunX XRP-USDT+0.0100%8h1.5301+0.146%$128K$1.5M30xas long as short
HTX XRP-USDT+0.0100%8h1.5298+0.125%$49.9M$14.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5310+0.203%$54.6M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5292+0.088%$2.2M$6.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5293+0.095%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0112%1h1.5302+0.151%$5.5M$43.7M50xas long as short
Kalshi KXXRPPERP+0.0135%8h1.5291+0.079%$1.9M$35.1M2.9xas long as short
GMX XRP/USD [ETH-USDC]L +0.0211% / S −0.0510%1h1.5283+0.029%$822K200xas long as short
BloFin XRP-USDT+0.0220%8h1.5281+0.013%$23.9M$78.0M125xas long as short
Reya XRPRUSDPERPlong+0.0223%1h1.5279long leg$1.4M$1K15x
RISEx XRP/USDC+0.0239%1h1.5285+0.038%$513K$736K10xas long as short
Aftermath Perps XRPUSD+0.0450%1h1.5323+0.288%$3K$13K10xas long as short