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+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.018%
Price spread now: Vest against Injective−2.581%50s7-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 airdropVest: Active · farm boardneeds both histories
Funding pays, the price is against you. Vest is 2.581% cheaper against Injective than usual: you would sell low and buy high (spread −2.581% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$258 on $10k: about 4 months of funding at the current rate (+$2 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XRP/USDC PERP1.55600.0033pay 0.0004% / 1h31m 58s$2K$107K30x
ShortVest XRP-PERP1.51580.0100get 0.0013% / 1h31m 58s$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Injective. 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
$14
Price spread: −2.581% → 0.000%
−$258.1
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Vest: 1 bp × 2 orders
−$2
Net
−$246.12
Costs to cover
0.020%
Break-even
130.1 days
Slippage unknown: Injective: live order book, 12 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 Injective live order book, 12 min ago46.17 bp46.2 bp −$4659.3 bp −$593doesn't fitdoesn'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%1h1.5168−2.519%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5159−2.577%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170−2.506%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5147−2.657%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5152−2.622%$7.7M$24.9M50xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5150−2.638%$14.4M$75.1M50xas long as short
Injective XRP/USDC PERPlong+0.0033%1h1.5560long leg$2K$107K30x
GMX XRP/USD [ETH-USDC]L +0.0084% / S −0.0033%1h1.5152−2.623%$799K200xas long as short
Lighter XRP+0.0096%1h1.5150−2.636%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5151−2.629%$544K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange XRPUSD+0.0096%1h1.5161−2.564%$8K$2K10xas long as short
Katana Perps XRP-USD+0.0099%8h1.5153−2.616%$10K$371K20xas long as short
Nado XRP-PERP+0.0100%1h1.5149−2.638%$978K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5153−2.616%$38.5M$87.8M100xas long as short
Pacifica XRP+0.0100%1h1.5159−2.576%$616K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5155−2.600%$531.3M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5149−2.641%$345.6M$962.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5153−2.616%$127.2M$882.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5151−2.629%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5162−2.558%$143K$714K20xas long as short
Gate XRP_USDT+0.0100%8h1.5148−2.648%$375.9M$160.1M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5150−2.635%$300.0M$923.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5147−2.652%$107.3M$181.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5151−2.629%$267.2M$397.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5155−2.603%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5146−2.662%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5160−2.571%$660K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5158−2.584%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5169−2.513%$1.2M$1.2M50xas long as short
Vest XRP-PERPshort+0.0100%1h1.5158−2.581%$15K10x
Polymarket Perps XRP-USD+0.0100%1h1.5156−2.596%$47K$489K20xas long as short
Bullet XRP-USD+0.0100%1h1.5156−2.595%$41K$71K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5152−2.622%$65K$774K50xas long as short
Derive XRP-PERP+0.0100%1h1.5148−2.645%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5159−2.577%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5149−2.641%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5169−2.515%$49.5M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5150−2.635%$54.2M$32.5M50xas long as short
Bulk XRP-USD+0.0100%1h1.5157−2.590%$1.6M$5K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5158−2.585%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5148−2.649%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5149−2.643%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0152%1h1.5142−2.683%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0168%1h1.5158−2.584%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5159−2.577%$5.7M$48.3M50xas long as short
Hyperliquid XRP+0.0179%1h1.5163−2.551%$288.3M$264.7M20xas long as short
Kalshi KXXRPPERP+0.0206%8h1.5159−2.577%$1.7M$35.2M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5149−2.639%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5170−2.506%$23.6M$77.9M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5160−2.571%$524K$798K10xas long as short
Aftermath Perps XRPUSD+0.0599%1h1.5161−2.566%$2K$16K10xas long as short