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% APRpaid last 24h −0.032%
Price spread now: OKX against Reya+0.059%47s7-day average +0.024% · 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)−0.126%−$13 on $10k
Price spread, last 7 days−0.029%−$3 · spread now +0.059%, 7d avg +0.024%
Together, before fees−0.155%+ Points / potential airdropReya: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.036% dearer against Reya than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of +0.024%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 24 hours. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya XRPRUSDPERP1.51360.0219pay 0.0027% / 1h38m 38s$1.3M$5K15x
ShortOKX XRP-USDT-SWAP1.51450.0100get 0.0100% / 8h1h 38m$127.2M$887.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.059% → +0.024%
$3.56
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
−$37.38
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; OKX: live order book, 6 min ago. 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 OKX live order book, 6 min ago0.33 bp5.3 bp −$55.9 bp −$5912.5 bp −$1,25029.7 bp −$14.9K
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-SWAPshort+0.0100%8h1.5145+0.059%$127.2M$887.5M100x
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 XRPUSDT+0.0100%1h1.5156+0.132%$1.2M$1.2M50xas long as short
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