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+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Vest against Lighter RH+0.101%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 airdropLighter RH: Points live · 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 0.101% dearer against Lighter RH than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XRP1.52030.0096pay 0.0012% / 1h2m 07s$545K$3.2M20x
ShortVest XRP-PERP1.52180.0100get 0.0013% / 1h2m 07s$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Lighter RH. 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
$0.84
Price spread: +0.101% → 0.000%
$10.14
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Vest: 1 bp × 2 orders
−$2
Net
$8.98
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Lighter RH: live order book, 1 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 Lighter RH live order book, 1 min ago1.31 bp1.3 bp −$15.0 bp −$5037.3 bp −$3,729doesn'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%1h1.5227+0.158%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5224+0.138%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5230+0.178%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5200−0.018%$246K150xas long as short
Kraken Futures PF_XRPUSD+0.0024%1h1.5198−0.031%$14.5M$74.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.348%$2K$107K30xas long as short
Deribit XRP_USDC-PERPETUAL+0.0079%1h1.52030.000%$7.8M$24.4M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0093% / S −0.0049%1h1.5203−0.001%$785K200xas long as short
Lighter XRP+0.0096%1h1.5202−0.004%$2.8M$15.1M20xas long as short
Lighter RH XRPlong+0.0096%1h1.5203long leg$545K$3.2M20x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5215+0.079%$11K$370K20xas long as short
Nado XRP-PERP+0.0100%1h1.5217+0.095%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5208+0.033%$38.6M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5222+0.125%$616K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5207+0.029%$533.7M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5209+0.039%$348.8M$960.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5206+0.020%$129.6M$883.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5220+0.112%$567K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5227+0.158%$145K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5223+0.134%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5207+0.026%$377.6M$162.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5207+0.026%$312.4M$934.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5204+0.006%$108.1M$183.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.52030.000%$268.8M$395.8M125xas long as short
BingX XRP-USDT+0.0100%8h1.5205+0.013%$107.6Mas long as short
Variational Omni XRP+0.0100%8h1.5235+0.209%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5225+0.146%$662K$114.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5225+0.147%$1.1M$35.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5227+0.158%$1.2M$1.2M50xas long as short
Vest XRP-PERPshort+0.0100%1h1.5218+0.101%$15K10x
Polymarket Perps XRP-USD+0.0100%1h1.5211+0.053%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5207+0.027%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5198−0.033%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5224+0.139%$819K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5225+0.142%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5200−0.020%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5219+0.107%$49.7M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5206+0.020%$54.4M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5224+0.138%$475K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5193−0.067%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5198−0.034%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0120%1h1.5224+0.138%$9K$2K10xas long as short
Hibachi XRP/USDT-P+0.0120%1h1.5221+0.117%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0171%1h1.5212+0.059%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5205+0.013%$5.7M$48.2M50xas long as short
Kalshi KXXRPPERP+0.0217%8h1.5217+0.092%$1.8M$34.7M2.9xas long as short
Hyperliquid XRP+0.0218%1h1.5220+0.112%$290.1M$266.7M20xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5204+0.008%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5227+0.158%$23.7M$78.0M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5224+0.140%$529K$806K10xas long as short
Aftermath Perps XRPUSD+0.0711%1h1.5223+0.132%$2K$16K10xas long as short