Funding arb · Price arb /

XRP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Vest against Gate+0.057%7-day average — · you sell dearer than you buy

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

Long on Gate 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 0.057% dearer against Gate than usual: you sell high and buy low, +$6 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	Gate XRP_USDT	1.5076	0.0100	pay 0.0100% / 8h	2h 16m	$370.4M	$160.6M	100x
Short	Vest XRP-PERP	1.5085	0.0100	get 0.0013% / 1h	16m 23s	—	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Gate. 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 GatebpFee VestbpOrdersPrice spread, now +0.057%Rate

Funding earned: $0
Price spread: +0.057% → 0.000%: $5.73
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Vest: 1 bp × 2 orders: −$2
Net: −$11.27
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago	1.33 bp	10.3 bp −$10	13.8 bp −$138	29.5 bp −$2,952	40.9 bp −$20.5K
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	1.5073	−0.020%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5071	−0.030%	$14.1M	$74.9M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5078	+0.016%	$1.1M	$133K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5090	+0.093%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5074	−0.013%	$244K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.210%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0071% / S −0.0015%	1h	1.5073	−0.023%	$795K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0082%	1h	1.5075	−0.007%	$7.7M	$25.5M	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5084	+0.053%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5077	+0.004%	$2.8M	$15.0M	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	1.5085	+0.060%	$545K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5080	+0.027%	$10K	$361K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5080	+0.030%	$975K	$6.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5075	−0.004%	$38.3M	$87.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5083	+0.046%	$600K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5076	−0.002%	$524.3M	$2.21B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5075	−0.007%	$344.0M	$964.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5075	−0.007%	$126.0M	$882.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5044	−0.212%	$561K	$31K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5089	+0.086%	$144K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5026	−0.328%	$1.6M	$5K	20x	as long as short
Gate XRP_USDTlong	+0.0100%	8h	1.5076	long leg	$370.4M	$160.6M	100x
MEXC XRP_USDT	+0.0100%	8h	1.5080	+0.027%	$287.7M	$923.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5082	+0.036%	$106.3M	$180.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5070	−0.040%	$264.8M	$398.0M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5077	+0.007%	—	$105.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5046	−0.200%	$4.7M	$38.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5054	−0.144%	$654K	$113.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5083	+0.047%	$1.1M	$37.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5092	+0.106%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERPshort	+0.0100%	1h	1.5085	+0.057%	—	$15K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5084	+0.053%	$51K	$489K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5076	−0.002%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5073	−0.020%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5073	−0.018%	$811K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5078	+0.015%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5074	−0.013%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5081	+0.036%	$49.3M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5075	−0.007%	$53.8M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5090	+0.091%	$470K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5066	−0.063%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5071	−0.035%	$58K	$25K	3x	as long as short
Hyperliquid XRP	+0.0108%	1h	1.5093	+0.113%	$288.0M	$262.1M	20x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5078	+0.013%	$5.7M	$48.4M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0192%	1h	1.5088	+0.080%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0192%	1h	1.5080	+0.029%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0193%	8h	1.5090	+0.093%	$1.7M	$35.7M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5076	+0.002%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5077	+0.007%	$23.1M	$77.0M	125x	as long as short
RISEx XRP/USDC	+0.0305%	1h	1.5088	+0.081%	$519K	$786K	10x	as long as short
Aftermath Perps XRPUSD	+0.0601%	1h	1.5063	−0.086%	$2K	$16K	10x	as long as short