Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%

Price spread now: Vest against Bitget−0.022%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.022% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XRPUSDT	1.5505	0.0100	pay 0.0100% / 8h	1h 08m	$270.6M	$365.4M	125x
Short	Vest XRP-PERP	1.5502	0.0100	get 0.0013% / 1h	8m 47s	—	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee VestbpOrdersPrice spread, now −0.022%Rate

Funding earned: $0
Price spread: −0.022% → 0.000%: −$2.24
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$16.24
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 5 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 5 min ago	0.32 bp	6.6 bp −$7	8.8 bp −$88	19.4 bp −$1,938	27.4 bp −$13.7K
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	1.5500	−0.032%	$7K	$2K	20x	as long as short
GMX XRP/USD [ETH-USDC]	L −0.0001% / S +0.0114%	1h	1.5501	−0.029%	$850K	—	200x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5499	−0.036%	$1.1M	$113K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5503	−0.015%	$259K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.355%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5512	+0.048%	$15.5M	$68.6M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0054%	8h	1.5505	0.000%	$78K	$910K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0072%	1h	1.5513	+0.052%	$9.5M	$25.2M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5513	+0.048%	$3.0M	$12.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5515	+0.064%	$440K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5504	−0.006%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5513	+0.050%	$39.3M	$79.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5500	−0.031%	$638K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5507	+0.014%	$558.2M	$1.99B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5506	+0.006%	$344.5M	$901.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5502	−0.019%	$127.4M	$880.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5467	−0.245%	$578K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5503	−0.013%	$119K	$745K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5501	−0.024%	$1.7M	$578K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5508	+0.019%	$372.3M	$141.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5505	0.000%	$299.2M	$866.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5512	+0.043%	$113.4M	$160.6M	75x	as long as short
Bitget XRPUSDTlong	+0.0100%	8h	1.5505	long leg	$270.6M	$365.4M	125x
BingX XRP-USDC	+0.0100%	8h	1.5506	+0.006%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5501	−0.023%	$11.8M	$30.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5508	+0.020%	$673K	$101.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5528	+0.148%	$1.1M	$41.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5520	+0.097%	$1.0M	$884K	50x	as long as short
Vest XRP-PERPshort	+0.0100%	1h	1.5502	−0.022%	—	$10K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5510	+0.032%	$46K	$447K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5503	−0.012%	$42K	$65K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5507	+0.015%	$835K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5514	+0.061%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5510	+0.032%	$33K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5514	+0.059%	$50.9M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5510	+0.032%	$55.2M	$29.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5498	−0.044%	$483K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5511	+0.039%	$11K	$261K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5510	+0.029%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5505	0.000%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5513	+0.052%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5506	+0.005%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5513	+0.052%	$5.9M	$47.3M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5514	+0.058%	$24.6M	$73.6M	125x	as long as short
Hibachi XRP/USDT-P	+0.0248%	1h	1.5486	−0.120%	$18K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0291%	1h	1.5518	+0.084%	$1.7M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0321%	8h	1.5509	+0.026%	$1.9M	$33.2M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5500	−0.032%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5512	+0.043%	$508K	$631K	10x	as long as short
Hyperliquid XRP	+0.0584%	1h	1.5523	+0.116%	$290.1M	$204.4M	20x	as long as short
Aftermath Perps XRPUSD	+0.0766%	1h	1.5525	+0.127%	$1K	$11K	10x	as long as short