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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0117%/8h= +12.8% APRnext payment +$0.15 per $10,000 · paid last 24h +0.032%
Price spread now: Reya against Polymarket Perps−0.071%7-day average −0.026% · 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)+0.111%+$11 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.071%, 7d avg −0.026%
Together, before fees+0.166%+ Points / potential airdropReya: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.045% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of −0.026%). If the spread goes back, that is −$5 on $10k: about 31 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps XRP-USD1.51700.0100pay 0.0013% / 1h17m 49s$46K$478K20x
ShortReya XRPRUSDPERP1.51590.0217get 0.0027% / 1h17m 49s$1.3M$7K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Polymarket Perps. 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
$24.56
Price spread: −0.071% → −0.026%
−$4.51
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$6.05
Costs to cover
0.140%
Break-even
5.3 days
Slippage unknown: Polymarket Perps: live order book, 35 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 Polymarket Perps live order book, 35 min ago1.64 bp6.8 bp −$79.2 bp −$92doesn't fitdoesn'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%1h1.5188+0.119%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5179+0.059%$1.1M$115K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5167−0.018%$259K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5173+0.020%$7.8M$25.5M50xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.51700.000%$14.4M$74.6M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.571%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0054% / S +0.0009%1h1.5167−0.019%$795K200xas long as short
Lighter XRP+0.0096%1h1.5182+0.082%$2.9M$14.8M20xas long as short
Lighter RH XRP+0.0096%1h1.5185+0.099%$497K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5156−0.092%$9K$351K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5151−0.122%$983K$6.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5173+0.020%$38.9M$85.7M100xas long as short
Pacifica XRP+0.0100%1h1.5154−0.103%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5174+0.024%$535.8M$2.16B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5167−0.020%$345.2M$946.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5169−0.007%$126.1M$884.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5163−0.046%$564K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5159−0.073%$137K$721K20xas long as short
Bulk XRP-USD+0.0100%1h1.5164−0.036%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5180+0.066%$372.6M$156.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5179+0.059%$296.2M$906.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5175+0.035%$109.4M$178.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5185+0.099%$269.6M$390.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5185+0.099%$127.7Mas long as short
Variational Omni XRP+0.0100%8h1.5187+0.111%$4.9M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5180+0.069%$659K$110.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5170−0.001%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5199+0.191%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5160−0.066%$11K10xas long as short
Polymarket Perps XRP-USDlong+0.0100%1h1.5170long leg$46K$478K20x
Bullet XRP-USD+0.0100%1h1.5166−0.025%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5166−0.026%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5168−0.016%$816K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5171+0.007%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5167−0.020%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5167−0.020%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5171+0.007%$54.0M$31.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5150−0.134%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5172+0.015%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5168−0.015%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5161−0.059%$8K$8K10xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5181+0.073%$5.8M$48.0M50xas long as short
Reya XRPRUSDPERPshort+0.0217%1h1.5159−0.071%$1.3M$7K15x
BloFin XRP-USDT+0.0220%8h1.5158−0.079%$24.2M$75.7M125xas long as short
Backpack XRP_USDC_PERP+0.0252%1h1.5183+0.086%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0264%8h1.5168−0.013%$1.9M$35.2M2.9xas long as short
Hibachi XRP/USDT-P+0.0272%1h1.5155−0.099%$17K$82K7xas long as short
RISEx XRP/USDC+0.0358%1h1.5157−0.084%$516K$776K10xas long as short
Hyperliquid XRP+0.0410%1h1.5198+0.188%$298.7M$251.4M20xas long as short
Phoenix XRP+0.0528%1h1.5190+0.132%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0650%1h1.5174+0.029%$2K$15K10xas long as short