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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0210%/8h= +23.0% APRnext payment +$0.26 per $10,000 · paid last 24h +0.060%
Price spread now: Reya against gTrade (Gains Network)−0.035%7-day average −0.012% · 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)+0.196%+$20 on $10k
Price spread, last 3 days (all we have)+0.002%$0 · spread now −0.035%, 7d avg −0.012%
Together, before fees+0.198%+ Points / potential airdropReya: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.023% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.012%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XRP/USD1.5366L +0.0003% / S −0.0004%pay 0.0000% / 1h23m 52s$257K150x
ShortReya XRPRUSDPERP1.53600.0213get 0.0027% / 1h23m 52s$1.4M$7K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against gTrade (Gains Network). 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
$44.08
Price spread: −0.035% → −0.012%
−$2.35
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$25.73
Costs to cover
0.160%
Break-even
2.9 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 50 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 gTrade (Gains Network) virtual book (oracle venue), 50 min ago130.04 bp135.0 bp −$135208.0 bp −$2,0801906.1 bp −$190.6K9819.7 bp −$4.91M
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%1h1.5368+0.015%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5365−0.002%$1.1M$112K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5366+0.002%$9.3M$25.1M50xas long as short
gTrade (Gains Network) XRP/USDlongL +0.0003% / S −0.0004%1h1.5366long leg$257K150x
GMX XRP/USD [ETH-USDC]L +0.0015% / S +0.0078%1h1.5366−0.001%$842K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.265%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0063%8h1.5367+0.008%$58K$935K50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5356−0.063%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5362−0.021%$2.8M$14.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5367+0.008%$516K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5360−0.037%$10K$279K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5371+0.033%$479K$55K50xas long as short
Nado XRP-PERP+0.0100%1h1.5368+0.018%$1.0M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5358−0.053%$38.8M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5368+0.016%$622K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5360−0.039%$542.2M$2.05B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5359−0.044%$342.6M$919.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5353−0.083%$124.9M$868.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5316−0.323%$571K$42K5xas long as short
Arcus XRP-USD+0.0100%1h1.5365−0.005%$118K$711K20xas long as short
Bulk XRP-USD+0.0100%1h1.5334−0.204%$1.7M$381K20xas long as short
Gate XRP_USDT+0.0100%8h1.5354−0.076%$375.3M$150.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5356−0.063%$312.8M$906.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5354−0.073%$108.9M$165.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5352−0.089%$268.7M$374.9M125xas long as short
BingX XRP-USDC+0.0100%8h1.5359−0.044%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5352−0.089%$6.3M$35.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5338−0.178%$666K$107.3M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5334−0.205%$1.1M$38.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5350−0.102%$1.2M$996K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5367+0.008%$49K$442K20xas long as short
Bullet XRP-USD+0.0100%1h1.5366+0.003%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5371+0.032%$827K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5368+0.014%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5362−0.024%$30K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5371+0.037%$50.4M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5361−0.031%$54.6M$29.6M50xas long as short
Vest XRP-PERP+0.0100%1h1.5362−0.025%$9K10xas long as short
Extended XRP-USD+0.0104%1h1.5350−0.101%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5364−0.013%$59K$25K3xas long as short
Reya XRPRUSDPERPshort+0.0213%1h1.5360−0.035%$1.4M$7K15x
BloFin XRP-USDT+0.0220%8h1.5369+0.021%$24.1M$73.8M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5369+0.021%$5.8M$46.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0243%1h1.5362−0.027%$14.5M$70.0M50xas long as short
Backpack XRP_USDC_PERP+0.0299%1h1.5369+0.021%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0311%8h1.5373+0.048%$2.0M$34.7M2.9xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5367+0.008%$17K$81K7xas long as short
Hyperliquid XRP+0.0388%1h1.5371+0.034%$290.1M$214.4M20xas long as short
Phoenix XRP+0.0520%1h1.5350−0.102%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0796%1h1.5348−0.115%$2K$12K10xas long as short
RISEx XRP/USDC+0.0828%1h1.5366+0.002%$544K$772K10xas long as short