Funding arb · Price arb /

XRP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.032%

Price spread now: Vest against edgeX−0.173%63s7-day average — · you buy dearer than you sell

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

Long on edgeX 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 airdropedgeX: Active · Vest: 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 0.173% cheaper against edgeX than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XRPUSDC	1.5464	0.0100	pay 0.0050% / 4h	2h 12m	$671K	$97.1M	30x
Short	Vest XRP-PERP	1.5437	0.0100	get 0.0013% / 1h	12m 28s	—	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against edgeX. 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 edgeXbpFee VestbpOrdersPrice spread, now −0.173%Rate

Funding earned: $0
Price spread: −0.173% → 0.000%: −$17.32
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Vest: 1 bp × 2 orders: −$2
Net: −$28.32
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 2 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 edgeX live order book, 2 min ago	0.32 bp	5.4 bp −$5	5.7 bp −$57	10.3 bp −$1,030	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5437	−0.171%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5450	−0.090%	$1.1M	$101K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5470	+0.042%	$69K	$89K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5439	−0.158%	$9.4M	$24.6M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5434	−0.193%	$258K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0040%	1h	1.5290	−1.122%	$2K	$86K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0047%	8h	1.5438	−0.165%	$80K	$933K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0075% / S +0.0173%	1h	1.5433	−0.199%	$909K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5454	−0.063%	$3.0M	$11.5M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5455	−0.055%	$447K	$3.1M	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	1.5448	−0.103%	$1.1M	$5.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5436	−0.175%	$39.3M	$73.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5449	−0.095%	$671K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5435	−0.188%	$555.3M	$1.87B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5438	−0.165%	$347.6M	$850.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5437	−0.171%	$126.0M	$847.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5427	−0.236%	$574K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5441	−0.146%	$119K	$685K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5433	−0.197%	$368.6M	$133.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5433	−0.197%	$290.9M	$818.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5435	−0.186%	$111.9M	$148.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5434	−0.191%	$267.2M	$345.9M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5434	−0.191%	—	$114.6M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5430	−0.218%	$6.7M	$24.7M	—	as long as short
edgeX XRPUSDClong	+0.0100%	4h	1.5464	long leg	$671K	$97.1M	30x
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5413	−0.327%	$1.1M	$41.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5464	+0.003%	$1.0M	$871K	50x	as long as short
Vest XRP-PERPshort	+0.0100%	1h	1.5437	−0.173%	—	$10K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5438	−0.165%	$50K	$468K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5434	−0.192%	$42K	$60K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5435	−0.185%	$831K	$70K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5440	−0.153%	$129K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5435	−0.184%	$33K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5460	−0.023%	$50.9M	$14.9M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5435	−0.184%	$55.1M	$28.4M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5438	−0.167%	$1.7M	$399K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5440	−0.154%	$481K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5437	−0.171%	$12K	$239K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5436	−0.178%	$2.1M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5438	−0.166%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0144%	1h	1.5443	−0.133%	$8K	$8K	10x	as long as short
Kraken Futures PF_XRPUSD	+0.0169%	1h	1.5433	−0.196%	$15.7M	$65.3M	50x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5450	−0.087%	$5.6M	$45.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0193%	1h	1.5444	−0.126%	$1.7M	$947K	25x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5435	−0.188%	$1.4M	$10K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5427	−0.236%	$24.1M	$68.4M	125x	as long as short
Kalshi KXXRPPERP	+0.0277%	8h	1.5467	+0.023%	$1.8M	$31.9M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0288%	1h	1.5444	−0.127%	$19K	$66K	7x	as long as short
RISEx XRP/USDC	+0.0431%	1h	1.5444	−0.125%	$406K	$498K	10x	as long as short
Hyperliquid XRP	+0.0503%	1h	1.5452	−0.074%	$284.7M	$190.3M	20x	as long as short
Aftermath Perps XRPUSD	+0.0533%	1h	1.5440	−0.151%	$1K	$11K	10x	as long as short