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−0.0142%/8h= −15.5% APRnext payment $0.18 per $10,000 · paid last 24h −0.088%
Price spread now: Reya against RISEx−0.018%7-day average −0.035% · 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)−0.198%−$20 on $10k
Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.018%, 7d avg −0.035%
Together, before fees−0.116%+ Points / potential airdropReya: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx XRP/USDC1.51830.0358pay 0.0045% / 1h40m 05s$517K$774K10x
ShortReya XRPRUSDPERP1.51810.0217get 0.0027% / 1h40m 05s$1.3M$7K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against RISEx. 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
−$29.75
Price spread: −0.018% → −0.035%
$1.7
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Reya: 3 bp × 2 orders
−$6
Net
−$40.05
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 14 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 RISEx live order book, 14 min ago1.61 bp4.6 bp −$510.2 bp −$102doesn'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%1h1.5178−0.035%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5177−0.040%$1.1M$111K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5176−0.049%$262K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5179−0.029%$7.8M$25.6M50xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5174−0.059%$14.4M$74.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.481%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0052% / S +0.0013%1h1.5176−0.049%$779K200xas long as short
Lighter XRP+0.0096%1h1.5180−0.023%$2.8M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5179−0.029%$497K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5173−0.068%$12K$343K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_XRP_USDC+0.0100%8h1.5176−0.048%$62K$934K50xas long as short
Nado XRP-PERP+0.0100%1h1.5177−0.043%$1.0M$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5180−0.025%$38.4M$84.6M100xas long as short
Pacifica XRP+0.0100%1h1.5179−0.029%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5175−0.055%$533.1M$2.14B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5177−0.042%$345.8M$942.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5176−0.048%$127.1M$886.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5151−0.213%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5181−0.015%$118K$688K20xas long as short
Bulk XRP-USD+0.0100%1h1.5203+0.130%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5174−0.062%$370.3M$154.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5175−0.055%$292.9M$900.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5176−0.045%$108.9M$176.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5175−0.055%$268.8M$389.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5178−0.035%$127.5Mas long as short
Variational Omni XRP+0.0100%8h1.5173−0.069%$4.9M$38.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5203+0.129%$661K$109.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5201+0.116%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5209+0.169%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5179−0.026%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5184+0.004%$45K$476K20xas long as short
Bullet XRP-USD+0.0100%1h1.5178−0.034%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5180−0.021%$817K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5182−0.006%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5175−0.055%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5179−0.027%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5176−0.048%$54.1M$31.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5177−0.041%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5172−0.074%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5175−0.052%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5183−0.002%$8K$8K10xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5182−0.009%$5.6M$47.6M50xas long as short
Reya XRPRUSDPERPshort+0.0217%1h1.5181−0.018%$1.3M$7K15x
BloFin XRP-USDT+0.0220%8h1.5176−0.048%$24.1M$76.0M125xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5170−0.087%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0277%8h1.5186+0.018%$2.0M$35.1M2.9xas long as short
Backpack XRP_USDC_PERP+0.0289%1h1.5185+0.011%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0320%1h1.5191+0.050%$292.0M$235.4M20xas long as short
RISEx XRP/USDClong+0.0358%1h1.5183long leg$517K$774K10x
Phoenix XRP+0.0528%1h1.5170−0.088%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0669%1h1.5190+0.043%$2K$15K10xas long as short