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−0.0076%/8h= −8.3% APRnext payment $0.09 per $10,000 · paid last 24h −0.031%
Price spread now: Vest against Coinbase International+0.045%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno 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 0.045% dearer against Coinbase International than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International XRP-PERP-INTX1.51950.0176pay 0.0022% / 1h37m 54s$5.7M$48.3M50x
ShortVest XRP-PERP1.52020.0100get 0.0013% / 1h37m 54s$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Coinbase International. 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
−$15.96
Price spread: +0.045% → 0.000%
$4.49
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$23.47
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 6 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 6 min ago0.33 bp6.2 bp −$69.2 bp −$9224.9 bp −$2,493doesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5212+0.112%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5208+0.089%$1.1M$148K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5197+0.013%$7.8M$24.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5192−0.020%$246K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.402%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5189−0.040%$14.6M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5191−0.025%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5193−0.013%$604K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5196+0.007%$17K$380K20xas long as short
Nado XRP-PERP+0.0100%1h1.5191−0.025%$1.0M$6.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDT+0.0100%8h1.5185−0.064%$38.4M$87.0M100xas long as short
Pacifica XRP+0.0100%1h1.5213+0.115%$613K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5181−0.092%$531.8M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5176−0.125%$349.5M$955.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5178−0.112%$128.3M$869.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5224+0.191%$567K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5208+0.086%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190−0.033%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5186−0.059%$378.7M$160.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5180−0.099%$315.2M$921.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5193−0.013%$106.4M$183.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5179−0.105%$268.5M$391.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5179−0.105%$107.5Mas long as short
Variational Omni XRP+0.0100%8h1.5226+0.201%$5.0M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5231+0.237%$662K$113.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5233+0.253%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5239+0.290%$1.2M$1.2M50xas long as short
Vest XRP-PERPshort+0.0100%1h1.5202+0.045%$15K10x
Polymarket Perps XRP-USD+0.0100%1h1.5196+0.007%$51K$511K20xas long as short
Bullet XRP-USD+0.0100%1h1.5192−0.019%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5193−0.013%$77K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5195+0.003%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5196+0.009%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5189−0.039%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5197+0.014%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5191−0.026%$54.3M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5213+0.119%$474K$55K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0101% / S −0.0060%1h1.5192−0.020%$784K200xas long as short
Extended XRP-USD+0.0104%1h1.5182−0.082%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5201+0.039%$9K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5191−0.030%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0112%1h1.5216+0.140%$17K$78K7xas long as short
Hyperliquid XRP+0.0136%1h1.5193−0.013%$289.8M$267.6M20xas long as short
Backpack XRP_USDC_PERP+0.0157%1h1.5198+0.020%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTXlong+0.0176%1h1.5195long leg$5.7M$48.3M50x
Kalshi KXXRPPERP+0.0195%8h1.5202+0.046%$1.8M$34.6M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5189−0.039%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5207+0.079%$23.6M$77.8M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5204+0.061%$522K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5240+0.296%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0643%1h1.5224+0.188%$2K$16K10xas long as short