Funding you earn now, next payment 12:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.09 per $10,000 · paid last 24h −0.072%
Price spread now: Reya against RISEx+0.112%51s7-day average −0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.207%−$21 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now +0.112%, 7d avg −0.037%
=Together, before fees−0.078%+ Points / potential airdropReya: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Reya is 0.149% dearer against RISEx than usual: you sell high and buy low (spread +0.112% now, against its 7-day average of −0.037%): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.6 days. At the pace of the last 4 days (−0.207% in total) that is about 2.7 days. 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 | RISEx XRP/USDC | 1.5378 | 0.0300 | pay 0.0037% / 1h | 7m 36s | $508K | $684K | 10x |
| Short | Reya XRPRUSDPERP | 1.5395 | 0.0225 | get 0.0028% / 1h | 7m 36s | $1.4M | $2K | 15x |
RISEx XRP/USDC
Reya XRPRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against RISEx. 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
- −$15.82
- Price spread: +0.112% → −0.037%
- $14.92
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$12.9
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: RISEx: live order book, 34 min ago; Reya: 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 RISEx live order book, 34 min ago | 1.73 bp | 4.7 bp −$5 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
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 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 | 1.5387 | +0.057% | $5K | $2K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0076% | 1h | 1.5401 | +0.149% | $13.8M | $67.4M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5390 | +0.079% | $1.1M | $154K | 10x | as long as short |
| Kalshi KXXRPPERP | 0.0000% | 8h | 1.5414 | +0.232% | $1.9M | $36.1M | 2.9x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5430 | +0.337% | $72K | $102K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5401 | +0.148% | $7.8M | $19.4M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5399 | +0.138% | $244K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.182% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5374 | −0.028% | $9K | $987 | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5386 | +0.051% | $2.8M | $13.8M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Kalshi KXXRPPERP
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Lighter XRPShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5389 | +0.070% | $572K | $3.1M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0096% | 1h | 1.5404 | +0.167% | $5.5M | $40.9M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5385 | +0.043% | $480K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5371 | −0.047% | $12K | $451K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5404 | +0.168% | $839K | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5398 | +0.128% | $299.4M | $261.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5384 | +0.037% | $39.0M | $79.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5386 | +0.049% | $592K | $934K | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5381 | +0.020% | $537.8M | $2.01B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5384 | +0.037% | $365.5M | $841.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5381 | +0.018% | $125.2M | $821.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5375 | −0.021% | $568K | $44K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5407 | +0.187% | $159K | $633K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5432 | +0.350% | $1.6M | $58K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5384 | +0.037% | $374.0M | $161.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5382 | +0.024% | $315.1M | $898.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5384 | +0.036% | $105.8M | $180.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5382 | +0.024% | $271.4M | $343.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5383 | +0.031% | — | $94.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5420 | +0.273% | $5.1M | $36.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5441 | +0.410% | $671K | $103.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5429 | +0.333% | $1.1M | $32.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5432 | +0.350% | $1.2M | $1.2M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5402 | +0.154% | $51K | $468K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5398 | +0.131% | $41K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5399 | +0.135% | $83K | $570K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5398 | +0.129% | $828K | $79K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5401 | +0.145% | $129K | $1.4M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5397 | +0.122% | $30K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5391 | +0.084% | $50.1M | $12.9M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5399 | +0.135% | $55.2M | $33.7M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5411 | +0.215% | — | $15K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5375 | −0.023% | $2.2M | $5.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5394 | +0.102% | $59K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0144% | 1h | 1.5435 | +0.371% | $17K | $67K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0179% | 1h | 1.5400 | +0.141% | $2.0M | $1.2M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5436 | +0.376% | $23.9M | $78.4M | 125x | as long as short |
| Reya XRPRUSDPERPshort | +0.0225% | 1h | 1.5395 | +0.112% | $1.4M | $2K | 15x | |
| GMX XRP/USD [ETH-USDC] | L +0.0285% / S −0.0247% | 1h | 1.5399 | +0.137% | $1.2M | — | 200x | as long as short |
| RISEx XRP/USDClong | +0.0300% | 1h | 1.5378 | long leg | $508K | $684K | 10x | |
| Aftermath Perps XRPUSD | +0.0395% | 1h | 1.5422 | +0.286% | $3K | $13K | 10x | as long as short |
Lighter RH XRP
Coinbase International XRP-PERP-INTX
Paradex XRP-USD-PERP
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
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
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
BloFin XRP-USDT
GMX XRP/USD [ETH-USDC]
Aftermath Perps XRPUSD