Funding you earn now, next payment 03:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.07 per $10,000 · paid last 24h −0.014%
Price spread now: Kraken Futures against Reya−0.083%7-day average +0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.371%−$37 · spread now −0.083%, 7d avg +0.019%
=Together, before fees−0.429%+ Points / potential airdropReya: Active · farm board−$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.102% cheaper against Reya than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of +0.019%). If the spread goes back, that is −$10 on $10k: about 5.7 days of funding at the current rate (+$2 a day). Mind the row above: over the last 3 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya XRPRUSDPERP | 1.5098 | 0.0215 | pay 0.0027% / 1h | 46m 34s | $1.3M | $7K | 15x |
| Short | Kraken Futures PF_XRPUSD | 1.5086 | 0.0274 | get 0.0034% / 1h | 46m 34s | $14.4M | $72.8M | 50x |
Reya XRPRUSDPERP
Kraken Futures PF_XRPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Reya. 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
- $12.56
- Price spread: −0.083% → +0.019%
- −$10.17
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$13.61
- Costs to cover
- 0.160%
- Break-even
- 14.6 days
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 3 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 3 min ago | 0.33 bp | 11.3 bp −$11 | 13.0 bp −$130 | 19.7 bp −$1,972 | 45.2 bp −$22.6K |
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 | −0.027% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5095 | −0.022% | $1.1M | $110K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5096 | −0.014% | $253K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0027% / S +0.0049% | 1h | 1.5096 | −0.016% | $797K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.059% | $2K | $107K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0075% | 8h | 1.5094 | −0.027% | $62K | $935K | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5103 | +0.032% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0081% | 1h | 1.5094 | −0.027% | $7.7M | $25.2M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5100 | +0.013% | $2.8M | $14.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5104 | +0.039% | $508K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Orderly PERP_XRP_USDC
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
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 | +0.0100% | 8h | 1.5095 | −0.021% | $10K | $305K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5111 | +0.088% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5104 | +0.041% | $279.7M | $221.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5094 | −0.027% | $38.3M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5099 | +0.009% | $606K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5110 | +0.079% | $535.6M | $2.09B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5111 | +0.085% | $342.3M | $924.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5113 | +0.099% | $124.9M | $863.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5109 | +0.072% | $562K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5104 | +0.039% | $114K | $707K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5087 | −0.077% | $1.6M | $161K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5096 | −0.014% | $368.5M | $150.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5097 | −0.007% | $293.2M | $893.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5095 | −0.018% | $106.5M | $170.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5094 | −0.027% | $265.6M | $379.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5097 | −0.007% | — | $126.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5141 | +0.281% | $6.0M | $36.0M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5108 | +0.064% | $656K | $109.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5143 | +0.294% | $1.1M | $35.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5110 | +0.079% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5105 | +0.044% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5102 | +0.026% | $41K | $448K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5100 | +0.012% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5095 | −0.018% | $812K | $75K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5106 | +0.054% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5089 | −0.060% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5103 | +0.032% | $49.5M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5092 | −0.041% | $53.7M | $29.9M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5094 | −0.029% | $471K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5095 | −0.021% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5091 | −0.044% | $58K | $25K | 3x | as long as short |
| Reya XRPRUSDPERPlong | +0.0215% | 1h | 1.5098 | long leg | $1.3M | $7K | 15x | |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5090 | −0.054% | $5.6M | $46.2M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0217% | 1h | 1.5098 | −0.001% | $1.9M | $1.3M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5093 | −0.034% | — | $74.4M | 125x | as long as short |
| Kraken Futures PF_XRPUSDshort | +0.0274% | 1h | 1.5086 | −0.083% | $14.4M | $72.8M | 50x | |
| Hibachi XRP/USDT-P | +0.0312% | 1h | 1.5109 | +0.075% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0356% | 8h | 1.5107 | +0.059% | $2.1M | $35.0M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0484% | 1h | 1.5108 | +0.063% | $526K | $769K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5130 | +0.211% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0722% | 1h | 1.5113 | +0.097% | $2K | $14K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
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-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD