Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.033%
Price spread now: MEXC against Reya−0.028%48s7-day average +0.028% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.129%−$13 on $10k
+Price spread, last 7 days+0.051%+$5 · spread now −0.028%, 7d avg +0.028%
=Together, before fees−0.078%+ Points / potential airdropReya: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.055% cheaper against Reya than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.028%). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya XRPRUSDPERP | 1.5238 | 0.0220 | pay 0.0027% / 1h | 47m 31s | $1.3M | $4K | 15x |
| Short | MEXC XRP_USDT | 1.5234 | 0.0100 | get 0.0100% / 8h | 47m 31s | $315.4M | $918.6M | 300x |
Reya XRPRUSDPERP
MEXC XRP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$25.13
- Price spread: −0.028% → +0.028%
- −$5.52
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$36.65
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago | 0.33 bp | 0.3 bp $0 | 0.3 bp −$3 | 3.6 bp −$357 | 22.0 bp −$11.0K |
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 | 1.5232 | −0.041% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5231 | −0.044% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5240 | +0.011% | $247K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0012% | 1h | 1.5246 | +0.051% | $7.9M | $24.2M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.112% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5241 | +0.020% | $14.5M | $73.8M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5234 | −0.026% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5234 | −0.028% | $605K | $3.2M | 20x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0098% / S −0.0055% | 1h | 1.5237 | −0.010% | $786K | — | 200x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5231 | −0.047% | $10K | $372K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
Lighter RH XRP
GMX XRP/USD [ETH-USDC]
Katana Perps XRP-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5231 | −0.051% | $1.0M | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5238 | −0.001% | $38.7M | $87.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5234 | −0.025% | $614K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5238 | +0.001% | $533.5M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5236 | −0.014% | $350.5M | $958.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5238 | −0.001% | $127.9M | $882.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5190 | −0.316% | $566K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5243 | +0.031% | $145K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5191 | −0.313% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5232 | −0.041% | $379.5M | $159.8M | 100x | as long as short |
| MEXC XRP_USDTshort | +0.0100% | 8h | 1.5234 | −0.028% | $315.4M | $918.6M | 300x | |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5234 | −0.026% | $107.4M | $184.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5231 | −0.047% | $269.3M | $393.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5232 | −0.041% | — | $107.5M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5190 | −0.319% | $4.9M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5208 | −0.199% | $661K | $113.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5188 | −0.327% | $1.1M | $35.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5214 | −0.159% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5233 | −0.035% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5235 | −0.021% | $50K | $511K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5237 | −0.008% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5236 | −0.014% | $76K | $686K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5239 | +0.007% | $820K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5246 | +0.048% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5241 | +0.018% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5231 | −0.045% | $49.7M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5244 | +0.038% | $54.5M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5239 | +0.006% | $475K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5228 | −0.064% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5236 | −0.017% | $59K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0120% | 1h | 1.5216 | −0.143% | $17K | $78K | 7x | as long as short |
| 01 Exchange XRPUSD | +0.0128% | 1h | 1.5243 | +0.031% | $9K | $2K | 10x | as long as short |
| Hyperliquid XRP | +0.0168% | 1h | 1.5242 | +0.025% | $290.3M | $267.5M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5244 | +0.038% | $5.6M | $48.3M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0179% | 1h | 1.5248 | +0.064% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0210% | 8h | 1.5240 | +0.012% | $1.8M | $34.6M | 2.9x | as long as short |
| Reya XRPRUSDPERPlong | +0.0220% | 1h | 1.5238 | long leg | $1.3M | $4K | 15x | |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5219 | −0.126% | $23.7M | $78.0M | 125x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5242 | +0.025% | $530K | $803K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5200 | −0.251% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0669% | 1h | 1.5215 | −0.151% | $2K | $16K | 10x | as long as short |
Nado XRP-PERP
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
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
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
01 Exchange XRPUSD
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
BloFin XRP-USDT
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD