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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0119%/8h= −13.0% APRnext payment $0.15 per $10,000 · paid last 24h −0.032%
Price spread now: ApeX Omni against Reya+0.132%7-day average +0.061% · you sell dearer than you buy
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)−0.114%−$11 on $10k
Price spread, last 7 days−0.108%−$11 · spread now +0.132%, 7d avg +0.061%
Together, before fees−0.221%+ Points / potential airdropReya: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.070% dearer against Reya than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of +0.061%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya XRPRUSDPERP1.51360.0219pay 0.0027% / 1h38m 40s$1.3M$5K15x
ShortApeX Omni XRPUSDT1.51560.0100get 0.0013% / 1h38m 40s$1.2M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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
−$24.94
Price spread: +0.132% → +0.061%
$7.04
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$33.9
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, just now. 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 Reya no order-book sample
Sell ApeX Omni live order book, just now3.96 bp9.6 bp −$1016.9 bp −$169doesn't fitdoesn't fit
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%1h1.5146+0.066%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5135−0.007%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5150+0.092%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5137+0.008%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5154+0.118%$14.4M$75.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.801%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5151+0.099%$7.7M$24.9M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0082% / S −0.0030%1h1.5151+0.100%$798K200xas long as short
01 Exchange XRPUSD+0.0088%1h1.5156+0.132%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5148+0.081%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5147+0.072%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5147+0.072%$12K$368K20xas long as short
Nado XRP-PERP+0.0100%1h1.5133−0.021%$985K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5147+0.069%$38.5M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5150+0.090%$616K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5148+0.078%$530.8M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5141+0.033%$345.0M$964.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5145+0.059%$127.2M$887.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5151+0.099%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5157+0.138%$143K$715K20xas long as short
Bulk XRP-USD+0.0100%1h1.5145+0.059%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5145+0.059%$372.4M$159.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5147+0.072%$298.4M$922.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5143+0.043%$107.2M$182.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5143+0.046%$267.2M$398.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5146+0.066%$105.7Mas long as short
Variational Omni XRP+0.0100%8h1.5148+0.078%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5150+0.093%$658K$113.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5151+0.101%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDTshort+0.0100%1h1.5156+0.132%$1.2M$1.2M50x
Vest XRP-PERP+0.0100%1h1.5144+0.052%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5143+0.046%$47K$490K20xas long as short
Bullet XRP-USD+0.0100%1h1.5141+0.031%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5144+0.053%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5145+0.058%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5145+0.060%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5150+0.092%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5137+0.010%$49.5M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5153+0.112%$54.2M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5156+0.133%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5143+0.046%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5144+0.053%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0156%1h1.5159+0.152%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5145+0.060%$17K$79K7xas long as short
Hyperliquid XRP+0.0169%1h1.5166+0.198%$288.3M$264.6M20xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5157+0.138%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0212%8h1.5150+0.092%$1.7M$35.2M2.9xas long as short
Reya XRPRUSDPERPlong+0.0219%1h1.5136long leg$1.3M$5K15x
BloFin XRP-USDT+0.0220%8h1.5154+0.119%$23.5M$77.9M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5156+0.129%$523K$798K10xas long as short
Aftermath Perps XRPUSD+0.0576%1h1.5148+0.078%$2K$16K10xas long as short