Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.019%
Price spread now: Vest against Deribit+0.059%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 3 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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Vest is 0.059% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit XRP_USDC-PERPETUAL1.54330get 0.0000% / 1h9m 07s$9.4M$24.7M50x
ShortVest XRP-PERP1.54420.0100get 0.0013% / 1h9m 07s$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Deribit. 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
$21
Price spread: +0.059% → 0.000%
$5.86
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Vest: 1 bp × 2 orders
−$2
Net
$17.86
Costs to cover
0.090%
Break-even
1.0 days
Slippage unknown: Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 5 min ago0.32 bp6.0 bp −$67.8 bp −$7848.7 bp −$4,868doesn'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%1h1.5477+0.285%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5451+0.115%$1.1M$101K10xas long as short
Phoenix XRP0.0000%1h1.5450+0.110%$69K$89K15xas long as short
Deribit XRP_USDC-PERPETUALlong0.0000%1h1.5433long leg$9.4M$24.7M50x
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5432−0.006%$258K150xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290−0.927%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0047%8h1.5438+0.032%$80K$933K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0075% / S +0.0169%1h1.5431−0.011%$909K200xas long as short
Lighter XRP+0.0096%1h1.5431−0.015%$3.0M$11.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5426−0.045%$446K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5442+0.062%$1.1M$5.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5430−0.020%$39.3M$73.2M100xas long as short
Pacifica XRP+0.0100%1h1.5447+0.091%$675K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5419−0.088%$554.8M$1.87B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5415−0.117%$347.4M$852.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5412−0.136%$126.2M$846.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5427−0.039%$574K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5449+0.104%$120K$686K20xas long as short
Bulk XRP-USD+0.0100%1h1.5472+0.250%$1.7M$470K20xas long as short
Gate XRP_USDT+0.0100%8h1.5408−0.162%$368.0M$133.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5414−0.123%$291.2M$820.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5414−0.125%$111.8M$149.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5409−0.156%$267.0M$346.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5412−0.136%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5487+0.351%$6.7M$24.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5464+0.199%$671K$95.8M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5471+0.248%$1.1M$41.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5489+0.363%$1.0M$878K50xas long as short
Vest XRP-PERPshort+0.0100%1h1.5442+0.059%$10K10x
Polymarket Perps XRP-USD+0.0100%1h1.5445+0.078%$50K$468K20xas long as short
Bullet XRP-USD+0.0100%1h1.5435+0.013%$42K$60K20xas long as short
Derive XRP-PERP+0.0100%1h1.5432−0.008%$831K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5450+0.113%$129K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5429−0.026%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5420−0.082%$50.8M$14.9M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5415−0.117%$55.1M$28.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5443+0.068%$481K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5443+0.065%$12K$239K20xas long as short
Extended XRP-USD+0.0104%1h1.5429−0.024%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5431−0.010%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0144%1h1.5450+0.110%$8K$8K10xas long as short
Kraken Futures PF_XRPUSD+0.0169%1h1.5427−0.039%$15.7M$65.3M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5440+0.045%$5.6M$45.0M50xas long as short
Backpack XRP_USDC_PERP+0.0200%1h1.5421−0.078%$1.8M$953K25xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5436+0.016%$1.4M$9K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5429−0.026%$24.2M$68.5M125xas long as short
Hibachi XRP/USDT-P+0.0296%1h1.5481+0.312%$19K$66K7xas long as short
Kalshi KXXRPPERP+0.0299%8h1.5457+0.156%$1.8M$32.0M2.9xas long as short
RISEx XRP/USDC+0.0431%1h1.5453+0.132%$406K$499K10xas long as short
Hyperliquid XRP+0.0506%1h1.5428−0.032%$284.3M$190.3M20xas long as short
Aftermath Perps XRPUSD+0.0532%1h1.5450+0.108%$1K$11K10xas long as short