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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h +0.030%
Price spread now: Coinbase International against Vest−0.009%7-day average · you buy dearer than you sell
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 4 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest XRP-PERP1.53670.0100pay 0.0013% / 1h19m 06s$15K10x
ShortCoinbase International XRP-PERP-INTX1.53660.0120get 0.0015% / 1h19m 06s$5.5M$45.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$4.2
Price spread: −0.009% → 0.000%
−$0.9
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$8.7
Costs to cover
0.120%
Break-even
21.5 days
Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 3 min ago. 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 Vest no order-book sample
Sell Coinbase International live order book, 3 min ago0.32 bp7.4 bp −$710.1 bp −$10125.4 bp −$2,542doesn't fit
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 50 exchanges

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%1h1.5377+0.063%$5K$4K20xas long as short
dYdX XRP-USD0.0000%1h1.5364−0.023%$1.1M$155K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5363−0.029%$7.9M$21.7M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5360−0.050%$249K150xas long as short
Kraken Futures PF_XRPUSD+0.0016%1h1.5360−0.050%$14.1M$72.8M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.253%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0048%1h1.5366−0.009%$9K$2K10xas long as short
Lighter XRP+0.0096%1h1.5357−0.069%$2.8M$14.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5362−0.035%$605K$3.1M20xas long as short
Hibachi XRP/USDT-P+0.0096%1h1.5373+0.035%$17K$77K7xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XRP-USD-PERP+0.0099%8h1.5360−0.046%$479K$51K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5360−0.048%$9K$397K20xas long as short
Nado XRP-PERP+0.0100%1h1.5359−0.053%$1.0M$5.9M20xas long as short
Aster XRPUSDT+0.0100%8h1.5357−0.070%$39.5M$82.5M100xas long as short
Pacifica XRP+0.0100%1h1.5360−0.048%$589K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5357−0.070%$535.9M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5357−0.068%$362.6M$902.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5356−0.074%$124.4M$845.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5390+0.147%$565K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5368+0.004%$165K$693K20xas long as short
Bulk XRP-USD+0.0100%1h1.5429+0.400%$1.6M$8K20xas long as short
Gate XRP_USDT+0.0100%8h1.5358−0.061%$379.5M$160.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5355−0.081%$315.0M$916.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5359−0.057%$106.9M$182.2M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5356−0.074%$272.3M$360.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5357−0.068%$104.2Mas long as short
Variational Omni XRP+0.0100%8h1.5373+0.039%$5.1M$38.4Mas long as short
edgeX XRPUSDC+0.0100%4h1.5383+0.100%$668K$110.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5374+0.043%$1.1M$31.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5391+0.154%$1.2M$1.2M50xas long as short
Vest XRP-PERPlong+0.0100%1h1.5367long leg$15K10x
Polymarket Perps XRP-USD+0.0100%1h1.5362−0.035%$53K$480K20xas long as short
Bullet XRP-USD+0.0100%1h1.5360−0.048%$41K$65K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5359−0.055%$68K$600K50xas long as short
SunX XRP-USDT+0.0100%8h1.5363−0.030%$129K$1.6M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5356−0.074%$30K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5357−0.066%$50.1M$14.2M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5360−0.048%$54.8M$33.4M50xas long as short
Extended XRP-USD+0.0104%1h1.5353−0.095%$2.1M$5.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5355−0.083%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTXshort+0.0120%1h1.5366−0.009%$5.5M$45.6M50x
Hyperliquid XRP+0.0131%1h1.5371+0.026%$298.5M$268.3M20xas long as short
GMX XRP/USD [ETH-USDC]L +0.0154% / S −0.0125%1h1.5361−0.044%$800K200xas long as short
Kalshi KXXRPPERP+0.0154%8h1.5368+0.004%$1.9M$34.2M2.9xas long as short
Backpack XRP_USDC_PERP+0.0201%1h1.5368+0.004%$2.0M$1.3M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5353−0.094%$23.8M$79.4M125xas long as short
Reya XRPRUSDPERP+0.0222%1h1.5368+0.007%$1.4M$2K15xas long as short
RISEx XRP/USDC+0.0272%1h1.5383+0.099%$515K$785K10xas long as short
Aftermath Perps XRPUSD+0.0458%1h1.5378+0.067%$3K$14K10xas long as short
Phoenix XRP+0.0516%1h1.5400+0.212%$69K$109K15xas long as short