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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0173%/8h= −19.0% APRnext payment $0.22 per $10,000 · paid last 24h −0.018%
Price spread now: Vest against Kraken Futures+0.036%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
The price spread pays, funding is against you. Vest is 0.036% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XRPUSD1.51540.0273pay 0.0034% / 1h4m 54s$14.4M$73.5M50x
ShortVest XRP-PERP1.51600.0100get 0.0013% / 1h4m 54s$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Kraken Futures. 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
−$36.38
Price spread: +0.036% → 0.000%
$3.62
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$44.75
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago0.66 bp9.0 bp −$911.5 bp −$11519.3 bp −$1,92936.8 bp −$18.4K
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%1h1.5156+0.011%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5145−0.058%$1.1M$110K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5152−0.015%$7.7M$25.5M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5149−0.034%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0031% / S +0.0036%1h1.5150−0.027%$832K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.677%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0056%1h1.5162+0.051%$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.0077%8h1.5150−0.029%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5165+0.069%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5164+0.064%$511K$3.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5159+0.031%$10K$311K20xas long as short
Nado XRP-PERP+0.0100%1h1.5159+0.034%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5187+0.216%$282.0M$223.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5170+0.103%$38.3M$83.6M100xas long as short
Pacifica XRP+0.0100%1h1.5152−0.016%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5172+0.118%$535.7M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5174+0.130%$346.3M$930.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5174+0.130%$125.7M$873.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5169+0.097%$565K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5160+0.037%$114K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5223+0.453%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5170+0.103%$368.9M$154.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5171+0.110%$298.1M$904.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5169+0.096%$108.6M$172.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5178+0.156%$269.4M$381.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5172+0.117%$126.0Mas long as short
Variational Omni XRP+0.0100%8h1.5154−0.005%$5.9M$36.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5173+0.122%$659K$107.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5183+0.189%$1.1M$35.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5189+0.229%$1.2M$1.0M50xas long as short
Vest XRP-PERPshort+0.0100%1h1.5160+0.036%$11K10x
Polymarket Perps XRP-USD+0.0100%1h1.5161+0.044%$42K$450K20xas long as short
Bullet XRP-USD+0.0100%1h1.5159+0.031%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5151−0.019%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5157+0.018%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5154−0.002%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5153−0.009%$49.6M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5167+0.084%$53.9M$30.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5152−0.015%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5167+0.081%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5149−0.035%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0175%1h1.5175+0.136%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0200%1h1.5161+0.046%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0215%1h1.5158+0.024%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5172+0.117%$5.7M$46.8M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5167+0.084%$24.2M$75.7M125xas long as short
Kraken Futures PF_XRPUSDlong+0.0273%1h1.5154long leg$14.4M$73.5M50x
Kalshi KXXRPPERP+0.0339%8h1.5162+0.051%$2.1M$34.6M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5165+0.071%$516K$780K10xas long as short
Phoenix XRP+0.0528%1h1.5190+0.235%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0656%1h1.5186+0.210%$2K$14K10xas long as short