Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.040%

Price spread now: Vest against BloFin+0.097%7-day average — · you sell dearer than you buy

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

Long on BloFin 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

The price spread pays, funding is against you. Vest is 0.097% dearer against BloFin than usual: you sell high and buy low (spread +0.097% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XRP-USDT	1.5371	0.0220	pay 0.0220% / 8h	7h 54m	$23.9M	$74.8M	125x
Short	Vest XRP-PERP	1.5386	0.0100	get 0.0013% / 1h	54m 12s	—	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against BloFin. 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 BloFinbpFee VestbpOrdersPrice spread, now +0.097%Rate

Funding earned: −$25.2
Price spread: +0.097% → 0.000%: $9.73
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$29.47
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: BloFin: 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 BloFin live order book, 5 min ago	0.98 bp	7.0 bp −$7	7.6 bp −$76	13.8 bp −$1,375	23.6 bp −$11.8K
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	1.5389	+0.117%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5377	+0.040%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5400	+0.189%	$69K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5394	+0.149%	$258K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0009% / S +0.0088%	1h	1.5390	+0.123%	$844K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.230%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0061%	8h	1.5395	+0.156%	$76K	$910K	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5402	+0.202%	$8K	$8K	10x	as long as short
Phemex XRPUSDT	+0.0091%	8h	1.5393	+0.143%	$54.8M	$29.8M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5395	+0.157%	$2.9M	$13.7M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5397	+0.169%	$514K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5397	+0.169%	$12K	$271K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5396	+0.166%	$1.0M	$5.6M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5396	+0.166%	$39.0M	$83.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5385	+0.089%	$636K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5397	+0.169%	$541.9M	$2.07B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5395	+0.156%	$341.3M	$932.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5397	+0.169%	$125.5M	$885.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5339	−0.208%	$572K	$47K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5397	+0.169%	$117K	$707K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5337	−0.221%	$1.7M	$565K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5395	+0.156%	$375.7M	$147.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5394	+0.150%	$300.8M	$891.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5396	+0.165%	$109.9M	$167.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5396	+0.163%	$270.0M	$377.2M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5392	+0.137%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5388	+0.113%	$6.5M	$35.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5360	−0.068%	$669K	$106.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5389	+0.117%	$1.1M	$40.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5367	−0.026%	$1.0M	$906K	50x	as long as short
Vest XRP-PERPshort	+0.0100%	1h	1.5386	+0.097%	—	$10K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5397	+0.169%	$48K	$459K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5392	+0.137%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5399	+0.184%	$829K	$82K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5399	+0.182%	$129K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5396	+0.163%	$30K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5389	+0.116%	$50.5M	$15.7M	75x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5389	+0.119%	$480K	$54K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5391	+0.133%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5385	+0.093%	$59K	$22K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0140%	1h	1.5400	+0.189%	$9.3M	$25.6M	50x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5392	+0.139%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDTlong	+0.0220%	8h	1.5371	long leg	$23.9M	$74.8M	125x
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5401	+0.195%	$5.8M	$47.0M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0243%	1h	1.5396	+0.162%	$14.9M	$70.2M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0302%	1h	1.5385	+0.091%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0304%	1h	1.5371	+0.002%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0318%	8h	1.5399	+0.182%	$2.1M	$35.3M	2.9x	as long as short
Hyperliquid XRP	+0.0555%	1h	1.5409	+0.247%	$292.3M	$214.9M	20x	as long as short
Aftermath Perps XRPUSD	+0.0765%	1h	1.5367	−0.023%	$1K	$11K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5401	+0.196%	$510K	$755K	10x	as long as short