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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0112%/8h= −12.2% APRnext payment $0.14 per $10,000 · paid last 24h −0.038%
Price spread now: Vest against Reya+0.072%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 airdropReya: Active · Vest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.072% dearer against Reya than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya XRPRUSDPERP1.54720.0212pay 0.0026% / 1h8m 19s$1.4M$9K15x
ShortVest XRP-PERP1.54830.0100get 0.0013% / 1h8m 19s$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Reya. 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
−$23.45
Price spread: +0.072% → 0.000%
$7.22
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
−$24.24
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample
Sell Vest no order-book sample
Reya and 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%1h1.5507+0.229%$7K$2K20xas long as short
GMX XRP/USD [ETH-USDC]L −0.0001% / S +0.0114%1h1.5466−0.036%$848K200xas long as short
dYdX XRP-USD0.0000%1h1.5497+0.164%$1.1M$113K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5467−0.030%$9.5M$25.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5466−0.036%$259K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+0.572%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0042%1h1.5463−0.058%$15.4M$68.4M50xas long as short
Orderly PERP_XRP_USDC+0.0054%8h1.5465−0.042%$78K$910K50xas long as short
Lighter XRP+0.0096%1h1.5454−0.114%$3.0M$12.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5510+0.248%$440K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5481+0.064%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5475+0.025%$39.2M$79.0M100xas long as short
Pacifica XRP+0.0100%1h1.5502+0.199%$638K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5466−0.036%$556.7M$1.99B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5466−0.036%$343.8M$901.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5463−0.055%$127.2M$878.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5467−0.030%$578K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5494+0.145%$119K$745K20xas long as short
Bulk XRP-USD+0.0100%1h1.5501+0.193%$1.7M$578K20xas long as short
Gate XRP_USDT+0.0100%8h1.5469−0.017%$371.4M$141.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5475+0.022%$297.9M$867.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5474+0.014%$113.1M$160.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5464−0.049%$269.8M$365.6M125xas long as short
BingX XRP-USDC+0.0100%8h1.5466−0.036%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5501+0.193%$11.8M$30.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5508+0.236%$673K$101.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5528+0.365%$1.1M$41.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5520+0.313%$1.0M$884K50xas long as short
Vest XRP-PERPshort+0.0100%1h1.5483+0.072%$10K10x
Polymarket Perps XRP-USD+0.0100%1h1.5479+0.048%$46K$447K20xas long as short
Bullet XRP-USD+0.0100%1h1.5469−0.017%$42K$66K20xas long as short
Derive XRP-PERP+0.0100%1h1.5466−0.033%$832K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5480+0.058%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5463−0.055%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5466−0.037%$50.8M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5453−0.120%$55.0M$29.0M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5495+0.153%$483K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5482+0.067%$11K$261K20xas long as short
Extended XRP-USD+0.0104%1h1.5458−0.086%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5465−0.042%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0176%1h1.5485+0.087%$8K$8K10xas long as short
Reya XRPRUSDPERPlong+0.0212%1h1.5472long leg$1.4M$9K15x
Coinbase International XRP-PERP-INTX+0.0216%1h1.5470−0.010%$5.9M$47.2M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5514+0.274%$24.6M$73.6M125xas long as short
Hibachi XRP/USDT-P+0.0248%1h1.5505+0.213%$18K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0291%1h1.5518+0.300%$1.7M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0321%8h1.5506+0.223%$1.9M$33.2M2.9xas long as short
Phoenix XRP+0.0516%1h1.5500+0.184%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5490+0.121%$507K$631K10xas long as short
Hyperliquid XRP+0.0582%1h1.5491+0.126%$289.5M$204.4M20xas long as short
Aftermath Perps XRPUSD+0.0774%1h1.5520+0.311%$1K$11K10xas long as short