Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Vest against KuCoin+0.012%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XRPUSDTM	1.5136	0.0100	pay 0.0100% / 8h	1h 54m	$107.3M	$182.0M	75x
Short	Vest XRP-PERP	1.5138	0.0100	get 0.0013% / 1h	54m 18s	—	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against KuCoin. 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 KuCoinbpFee VestbpOrdersPrice spread, now +0.012%Rate

Funding earned: $0
Price spread: +0.012% → 0.000%: $1.22
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$12.78
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago	0.50 bp	8.2 bp −$8	10.0 bp −$100	29.5 bp −$2,950	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	1.5145	+0.059%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5125	−0.074%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5150	+0.092%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5137	+0.010%	$245K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0025%	1h	1.5147	+0.072%	$14.4M	$75.1M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.801%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5136	0.000%	$8K	$8K	10x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0077% / S −0.0024%	1h	1.5137	+0.009%	$798K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5135	−0.009%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5135	−0.007%	$546K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0099%	8h	1.5122	−0.092%	$12K	$367K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5128	−0.050%	$994K	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5138	+0.013%	$38.4M	$87.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5135	−0.004%	$602K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5138	+0.013%	$528.1M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5137	+0.007%	$344.1M	$967.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5140	+0.026%	$126.9M	$890.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5154	+0.119%	$564K	$32K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5140	+0.026%	$143K	$718K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5166	+0.198%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5137	+0.007%	$374.8M	$158.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5135	−0.007%	$296.7M	$916.7M	300x	as long as short
KuCoin XRPUSDTMlong	+0.0100%	8h	1.5136	long leg	$107.3M	$182.0M	75x
Bitget XRPUSDT	+0.0100%	8h	1.5136	0.000%	$266.3M	$399.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5134	−0.013%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5135	−0.008%	$4.7M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5133	−0.022%	$659K	$114.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5133	−0.020%	$1.1M	$36.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5156	+0.132%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERPshort	+0.0100%	1h	1.5138	+0.012%	—	$15K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5136	0.000%	$46K	$491K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5139	+0.022%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5139	+0.020%	$62K	$932K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5140	+0.025%	$815K	$73K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5142	+0.040%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5145	+0.059%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5149	+0.087%	$49.5M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5150	+0.092%	$54.1M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5139	+0.021%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5127	−0.056%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5137	+0.007%	$58K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0146%	1h	1.5145	+0.059%	$7.7M	$25.1M	50x	as long as short
Hibachi XRP/USDT-P	+0.0168%	1h	1.5144	+0.053%	$17K	$82K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5151	+0.099%	$5.7M	$48.4M	50x	as long as short
Hyperliquid XRP	+0.0176%	1h	1.5146	+0.066%	$288.9M	$264.1M	20x	as long as short
Backpack XRP_USDC_PERP	+0.0177%	1h	1.5152	+0.106%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERP	+0.0212%	8h	1.5153	+0.112%	$1.8M	$35.4M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5129	−0.044%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5142	+0.040%	$23.5M	$77.7M	125x	as long as short
RISEx XRP/USDC	+0.0316%	1h	1.5137	+0.007%	$522K	$797K	10x	as long as short
Aftermath Perps XRPUSD	+0.0570%	1h	1.5148	+0.080%	$2K	$16K	10x	as long as short