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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.087%
Price spread now: Vest against Hyperliquid−0.080%7-day average · you buy dearer than you sell
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 airdropHyperliquid: Season 2 · 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 0.080% cheaper against Hyperliquid than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XRP1.50720.0100pay 0.0013% / 1h21m 27s$287.5M$261.9M20x
ShortVest XRP-PERP1.50600.0100get 0.0013% / 1h21m 27s$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Hyperliquid. 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
$0.02
Price spread: −0.080% → 0.000%
−$7.99
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Vest: 1 bp × 2 orders
−$2
Net
−$18.97
Costs to cover
0.110%
Break-even
7911.8 days
Slippage unknown: Hyperliquid: live order book, 13 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 Hyperliquid live order book, 13 min ago0.33 bp4.8 bp −$56.3 bp −$6311.9 bp −$1,191doesn'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%1h1.5052−0.133%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5053−0.125%$14.1M$74.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5050−0.148%$1.1M$130K10xas long as short
Phoenix XRP0.0000%1h1.4980−0.610%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5039−0.218%$243K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.238%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5038−0.227%$787K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0082%1h1.5056−0.106%$7.7M$25.6M50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5066−0.040%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5053−0.126%$2.8M$15.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5058−0.093%$545K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5053−0.126%$10K$359K20xas long as short
Nado XRP-PERP+0.0100%1h1.5064−0.056%$985K$6.3M20xas long as short
Hyperliquid XRPlong+0.0100%1h1.5072long leg$287.5M$261.9M20x
Aster XRPUSDT+0.0100%8h1.5063−0.057%$38.3M$87.3M100xas long as short
Pacifica XRP+0.0100%1h1.5057−0.099%$602K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5067−0.034%$523.5M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5062−0.066%$342.7M$964.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5062−0.066%$125.1M$880.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.4996−0.504%$560K$31K5xas long as short
Arcus XRP-USD+0.0100%1h1.5067−0.033%$144K$712K20xas long as short
Bulk XRP-USD+0.0100%1h1.5026−0.302%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5059−0.086%$369.4M$159.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5063−0.060%$286.5M$921.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5054−0.119%$104.9M$180.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5057−0.100%$264.1M$397.0M125xas long as short
BingX XRP-USDT+0.0100%8h1.5061−0.073%$106.1Mas long as short
Variational Omni XRP+0.0100%8h1.4960−0.743%$4.7M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5000−0.479%$651K$113.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5028−0.292%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5002−0.464%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5068−0.027%$51K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5043−0.192%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5047−0.166%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5050−0.145%$810K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5054−0.117%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5054−0.119%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5041−0.209%$49.2M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5050−0.146%$53.7M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5063−0.057%$470K$55K50xas long as short
Vest XRP-PERPshort+0.0100%1h1.5060−0.080%$15K10x
Extended XRP-USD+0.0104%1h1.5054−0.119%$1.9M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5052−0.132%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0160%8h1.5037−0.232%$1.7M$35.8M2.9xas long as short
Backpack XRP_USDC_PERP+0.0173%1h1.5068−0.027%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5056−0.106%$5.6M$48.3M50xas long as short
Hibachi XRP/USDT-P+0.0192%1h1.5040−0.213%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5054−0.121%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5005−0.445%$23.2M$76.4M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5065−0.044%$518K$786K10xas long as short
Aftermath Perps XRPUSD+0.0624%1h1.5011−0.408%$2K$16K10xas long as short