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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.01 per $10,000 · paid last 24h +0.007%
Price spread now: Reya against Coinbase International−0.053%7-day average −0.041% · 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 3 days (all we have)+0.064%+$6 on $10k
Price spread, last 3 days (all we have)+0.091%+$9 · spread now −0.053%, 7d avg −0.041%
Together, before fees+0.155%+ Points / potential airdropReya: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.064%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International XRP-PERP-INTX1.54950.0224pay 0.0028% / 1h37m 59s$5.9M$47.4M50x
ShortReya XRPRUSDPERP1.54870.0212get 0.0027% / 1h37m 59s$1.4M$8K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Coinbase International. 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
−$2.49
Price spread: −0.053% → −0.041%
−$1.19
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
−$19.68
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 1 min ago0.32 bp5.9 bp −$69.7 bp −$9725.0 bp −$2,502doesn'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 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%1h1.5494−0.006%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5485−0.067%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5550+0.355%$69K$90K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5488−0.048%$259K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0007% / S +0.0103%1h1.5486−0.058%$853K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0008%1h1.5490−0.032%$9.6M$25.4M50xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5486−0.055%$15.5M$68.8M50xas long as short
Orderly PERP_XRP_USDC+0.0057%8h1.5489−0.039%$76K$909K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+0.419%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5489−0.040%$3.0M$12.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5491−0.026%$441K$3.1M20xas long as short
Nado XRP-PERP+0.0100%1h1.5494−0.006%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5489−0.039%$39.4M$80.5M100xas long as short
Pacifica XRP+0.0100%1h1.5490−0.031%$637K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5489−0.039%$553.9M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5490−0.032%$347.0M$918.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5491−0.026%$126.9M$885.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5473−0.142%$578K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5497+0.013%$116K$754K20xas long as short
Bulk XRP-USD+0.0100%1h1.5506+0.070%$1.7M$573K20xas long as short
Gate XRP_USDT+0.0100%8h1.5489−0.039%$373.2M$144.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5474−0.136%$296.8M$874.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5486−0.056%$112.8M$163.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5490−0.032%$270.3M$372.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5488−0.045%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5522+0.171%$11.6M$30.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5529+0.217%$674K$103.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5516+0.138%$1.1M$40.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5524+0.187%$1.0M$899K50xas long as short
Vest XRP-PERP+0.0100%1h1.5491−0.027%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5504+0.058%$47K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5491−0.026%$42K$67K20xas long as short
Derive XRP-PERP+0.0100%1h1.5489−0.039%$834K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5496+0.010%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5486−0.058%$33K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5484−0.073%$50.8M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5490−0.032%$55.1M$29.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5494−0.003%$483K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5500+0.032%$12K$268K20xas long as short
Extended XRP-USD+0.0104%1h1.5489−0.040%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5485−0.065%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5502+0.045%$8K$8K10xas long as short
Reya XRPRUSDPERPshort+0.0212%1h1.5487−0.053%$1.4M$8K15x
BloFin XRP-USDT+0.0220%8h1.5488−0.045%$24.5M$74.3M125xas long as short
Coinbase International XRP-PERP-INTXlong+0.0224%1h1.5495long leg$5.9M$47.4M50x
Hibachi XRP/USDT-P+0.0264%1h1.5494−0.009%$18K$82K7xas long as short
Kalshi KXXRPPERP+0.0311%8h1.5493−0.013%$1.9M$34.1M2.9xas long as short
Backpack XRP_USDC_PERP+0.0315%1h1.5500+0.032%$1.7M$1.0M25xas long as short
Hyperliquid XRP+0.0595%1h1.5509+0.090%$294.8M$209.6M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5509+0.089%$504K$633K10xas long as short
Aftermath Perps XRPUSD+0.0789%1h1.5540+0.288%$1K$11K10xas long as short