Funding arb · Price arb /

XRP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bitget against Vest+0.069%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Bitget

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.069% dearer against Vest than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest XRP-PERP	1.5138	0.0100	pay 0.0013% / 1h	57m 51s	—	$11K	10x
Short	Bitget XRPUSDT	1.5148	0.0100	get 0.0100% / 8h	3h 57m	$268.3M	$386.1M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Vest. 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 VestbpFee BitgetbpOrdersPrice spread, now +0.069%Rate

Funding earned: $0
Price spread: +0.069% → 0.000%: $6.89
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$7.11
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Bitget: live order book, 1 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	0.33 bp	6.3 bp −$6	7.7 bp −$77	16.1 bp −$1,607	20.8 bp −$10.4K

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	1.5138	+0.003%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5142	+0.030%	$1.1M	$111K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5150	+0.082%	$67K	$110K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5137	−0.004%	$7.7M	$25.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5132	−0.037%	$253K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5134	−0.023%	$14.3M	$73.9M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.791%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0048% / S +0.0018%	1h	1.5131	−0.044%	$789K	—	200x	as long as short
Orderly PERP_XRP_USDC	+0.0095%	8h	1.5134	−0.024%	$62K	$934K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5140	+0.014%	$2.8M	$14.6M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5138	+0.003%	$498K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5128	−0.063%	$10K	$331K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5132	−0.033%	$1.1M	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5147	+0.064%	$38.3M	$83.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5139	+0.007%	$607K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5149	+0.074%	$532.8M	$2.12B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5150	+0.082%	$346.6M	$938.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5152	+0.095%	$127.6M	$877.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5138	+0.003%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5140	+0.016%	$118K	$705K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5114	−0.156%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5146	+0.056%	$370.1M	$152.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5143	+0.036%	$292.2M	$895.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5146	+0.054%	$107.9M	$175.7M	75x	as long as short
Bitget XRPUSDTshort	+0.0100%	8h	1.5148	+0.069%	$268.3M	$386.1M	125x
BingX XRP-USDC	+0.0100%	8h	1.5142	+0.029%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5154	+0.108%	$4.8M	$38.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5150	+0.083%	$658K	$108.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5140	+0.017%	$1.1M	$36.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5143	+0.036%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERPlong	+0.0100%	1h	1.5138	long leg	—	$11K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5136	−0.010%	$44K	$454K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5133	−0.030%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5137	−0.002%	$814K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5138	+0.004%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5136	−0.010%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5134	−0.021%	$49.5M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5137	−0.004%	$53.9M	$31.1M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5137	−0.002%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5139	+0.012%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5131	−0.042%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0120%	1h	1.5138	+0.003%	$8K	$8K	10x	as long as short
Hyperliquid XRP	+0.0123%	1h	1.5151	+0.089%	$280.4M	$228.0M	20x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5141	+0.023%	$5.6M	$47.1M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0191%	1h	1.5151	+0.089%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0216%	1h	1.5142	+0.028%	$17K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0216%	1h	1.5130	−0.049%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5144	+0.042%	$24.2M	$76.1M	125x	as long as short
Kalshi KXXRPPERP	+0.0313%	8h	1.5142	+0.029%	$2.0M	$35.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5140	+0.016%	$516K	$773K	10x	as long as short
Aftermath Perps XRPUSD	+0.0671%	1h	1.5144	+0.045%	$2K	$15K	10x	as long as short