XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.07 per $10,000 · paid last 24h +0.014%

Price spread now: Reya against Kraken Futures+0.009%7-day average −0.019% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.058%+$6 on $10k

Price spread, last 4 days (all we have)+0.444%+$44 · spread now +0.009%, 7d avg −0.019%

Together, before fees+0.502%+ Points / potential airdropReya: Active · farm board+$50 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Reya is 0.028% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.019%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 38 hours. Mind the row above: over the last 3 days funding on this pair paid +0.058%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XRPUSD	1.5108	0.0274	pay 0.0034% / 1h	46m 14s	$14.4M	$72.8M	50x
Short	Reya XRPRUSDPERP	1.5109	0.0215	get 0.0027% / 1h	46m 14s	$1.3M	$7K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee ReyabpOrdersPrice spread, now +0.009%Rate

Funding earned: −$12.47
Price spread: +0.009% → −0.019%: $2.83
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$25.64
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago	0.33 bp	11.3 bp −$11	12.1 bp −$121	20.2 bp −$2,023	40.2 bp −$20.1K
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	1.5094	−0.091%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5095	−0.086%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5108	+0.001%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0027% / S +0.0048%	1h	1.5110	+0.015%	$798K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.993%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5113	+0.034%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5103	−0.032%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5112	+0.027%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5112	+0.028%	$508K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5095	−0.085%	$10K	$305K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5111	+0.023%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5120	+0.081%	$280.0M	$221.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5112	+0.028%	$38.4M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5099	−0.055%	$606K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5111	+0.022%	$535.7M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5112	+0.028%	$342.3M	$924.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5115	+0.048%	$125.0M	$863.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5109	+0.008%	$562K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5104	−0.025%	$114K	$707K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5087	−0.141%	$1.6M	$161K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5110	+0.015%	$368.8M	$150.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5111	+0.021%	$293.5M	$893.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5109	+0.009%	$106.5M	$170.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5109	+0.008%	$265.8M	$380.0M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5102	−0.038%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5141	+0.217%	$6.0M	$36.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5108	0.000%	$656K	$109.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5143	+0.230%	$1.1M	$35.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5110	+0.015%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5109	+0.009%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5112	+0.028%	$42K	$448K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5113	+0.034%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5117	+0.058%	$813K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5118	+0.067%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5112	+0.028%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5113	+0.032%	$49.5M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5111	+0.021%	$53.8M	$29.9M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5094	−0.093%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5110	+0.014%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5114	+0.041%	$58K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0213%	1h	1.5117	+0.061%	$7.6M	$25.3M	50x	as long as short
Reya XRPRUSDPERPshort	+0.0215%	1h	1.5109	+0.009%	$1.3M	$7K	15x
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5113	+0.034%	$5.6M	$46.3M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0217%	1h	1.5098	−0.065%	$1.9M	$1.3M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5093	−0.098%	—	$74.4M	125x	as long as short
Kraken Futures PF_XRPUSDlong	+0.0274%	1h	1.5108	long leg	$14.4M	$72.8M	50x
Hibachi XRP/USDT-P	+0.0304%	1h	1.5100	−0.054%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0355%	8h	1.5108	+0.001%	$2.1M	$35.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5108	−0.002%	$526K	$769K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5130	+0.147%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0723%	1h	1.5116	+0.054%	$2K	$14K	10x	as long as short