Funding you earn now, next payment 08:00 UTC+0.0206%/8h= +22.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.056%
Price spread now: Reya against Deribit−0.072%7-day average −0.038% · 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)+0.148%+$15 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.072%, 7d avg −0.038%
=Together, before fees+0.254%+ Points / potential airdropReya: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.035% cheaper against Deribit than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.038%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit XRP_USDC-PERPETUAL | 1.5196 | 0.0013 | pay 0.0002% / 1h | 58m 04s | $7.8M | $24.4M | 50x |
| Short | Reya XRPRUSDPERP | 1.5185 | 0.0219 | get 0.0027% / 1h | 58m 04s | $1.3M | $4K | 15x |
Deribit XRP_USDC-PERPETUAL
Reya XRPRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Deribit. 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
- $43.36
- Price spread: −0.072% → −0.038%
- −$3.46
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $26.9
- Costs to cover
- 0.130%
- Break-even
- 2.7 days
Slippage unknown: Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit live order book, 1 min ago | 0.33 bp | 5.6 bp −$6 | 7.7 bp −$77 | 57.1 bp −$5,713 | 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 venues
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 | 1.5195 | −0.007% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5195 | −0.009% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5220 | +0.158% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5192 | −0.026% | $246K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUALlong | +0.0013% | 1h | 1.5196 | long leg | $7.8M | $24.4M | 50x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.395% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5191 | −0.034% | $14.5M | $74.3M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0094% / S −0.0051% | 1h | 1.5193 | −0.022% | $784K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5193 | −0.018% | $2.8M | $15.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5195 | −0.007% | $545K | $3.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5185 | −0.072% | $10K | $370K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5192 | −0.030% | $1.0M | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5194 | −0.013% | $38.5M | $87.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5191 | −0.031% | $613K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5195 | −0.007% | $532.2M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5188 | −0.053% | $348.4M | $959.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5190 | −0.039% | $129.5M | $882.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5196 | 0.000% | $565K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5197 | +0.007% | $144K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5195 | −0.004% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5192 | −0.026% | $378.8M | $159.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5190 | −0.039% | $312.3M | $915.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5193 | −0.020% | $107.2M | $183.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5187 | −0.059% | $268.5M | $395.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5189 | −0.046% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5187 | −0.060% | $4.8M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5204 | +0.055% | $661K | $114.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5196 | −0.001% | $1.1M | $35.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5208 | +0.079% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5196 | −0.002% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5190 | −0.039% | $50K | $510K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5196 | −0.001% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5197 | +0.007% | $75K | $686K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5192 | −0.026% | $817K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5194 | −0.016% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5193 | −0.020% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5193 | −0.016% | $49.6M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5196 | 0.000% | $54.3M | $32.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5194 | −0.013% | $474K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5184 | −0.076% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5192 | −0.025% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0123% | 1h | 1.5205 | +0.059% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0128% | 1h | 1.5193 | −0.023% | $17K | $79K | 7x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5195 | −0.007% | $8K | $2K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5196 | 0.000% | $5.6M | $48.2M | 50x | as long as short |
| Hyperliquid XRP | +0.0200% | 1h | 1.5209 | +0.086% | $289.7M | $267.1M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0213% | 8h | 1.5197 | +0.007% | $1.8M | $34.7M | 2.9x | as long as short |
| Reya XRPRUSDPERPshort | +0.0219% | 1h | 1.5185 | −0.072% | $1.3M | $4K | 15x | |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5193 | −0.020% | $23.7M | $77.9M | 125x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5195 | −0.004% | $528K | $806K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0700% | 1h | 1.5209 | +0.085% | $2K | $16K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
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-USDC
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
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Hyperliquid XRP
Kalshi KXXRPPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD