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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0091%/8h= −10.0% APRnext payment $0.11 per $10,000 · paid last 24h −0.019%
Price spread now: Deribit against Vest+0.017%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 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: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest XRP-PERP1.54700.0100pay 0.0013% / 1h9m 52s$10K10x
ShortDeribit XRP_USDC-PERPETUAL1.54730.0009get 0.0001% / 1h9m 52s$9.4M$24.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$19.11
Price spread: +0.017% → 0.000%
$1.73
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$26.38
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Deribit: live order book, 4 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 Deribit live order book, 4 min ago0.32 bp4.7 bp −$56.3 bp −$6347.1 bp −$4,715doesn'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 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%1h1.5439−0.202%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5471+0.001%$1.1M$101K10xas long as short
Phoenix XRP0.0000%1h1.5470−0.002%$69K$89K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5473+0.017%$259K150xas long as short
Deribit XRP_USDC-PERPETUALshort+0.0009%1h1.5473+0.017%$9.4M$24.7M50x
Injective XRP/USDC PERP+0.0040%1h1.5290−1.166%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0047%8h1.5475+0.030%$80K$933K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0075% / S +0.0170%1h1.5473+0.014%$911K200xas long as short
Lighter XRP+0.0096%1h1.5466−0.028%$3.0M$11.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5468−0.015%$447K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5469−0.008%$1.1M$5.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5450−0.134%$39.3M$73.2M100xas long as short
Pacifica XRP+0.0100%1h1.5472+0.011%$672K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5445−0.164%$555.7M$1.87B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5448−0.144%$348.1M$851.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5444−0.170%$126.4M$848.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5427−0.280%$574K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5477+0.043%$120K$686K20xas long as short
Bulk XRP-USD+0.0100%1h1.5472+0.008%$1.7M$470K20xas long as short
Gate XRP_USDT+0.0100%8h1.5444−0.170%$368.6M$133.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5448−0.144%$291.7M$819.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5448−0.147%$112.0M$149.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5446−0.157%$267.7M$346.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5452−0.118%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5487+0.109%$6.7M$24.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5464−0.044%$671K$97.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5436−0.220%$1.1M$41.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5464−0.041%$1.0M$871K50xas long as short
Vest XRP-PERPlong+0.0100%1h1.5470long leg$10K10x
Polymarket Perps XRP-USD+0.0100%1h1.5479+0.056%$50K$468K20xas long as short
Bullet XRP-USD+0.0100%1h1.5475+0.031%$42K$60K20xas long as short
Derive XRP-PERP+0.0100%1h1.5437−0.217%$831K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5478+0.053%$129K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5466−0.028%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5474+0.027%$50.9M$14.9M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5463−0.047%$55.2M$28.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5468−0.014%$482K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5467−0.021%$12K$239K20xas long as short
Extended XRP-USD+0.0104%1h1.5444−0.171%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5470−0.005%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0144%1h1.5479+0.056%$8K$8K10xas long as short
Kraken Futures PF_XRPUSD+0.0168%1h1.5467−0.019%$15.7M$65.4M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5479+0.056%$5.6M$45.1M50xas long as short
Backpack XRP_USDC_PERP+0.0203%1h1.5467−0.021%$1.8M$953K25xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5476+0.037%$1.4M$10K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5480+0.063%$24.2M$68.7M125xas long as short
Kalshi KXXRPPERP+0.0284%8h1.5490+0.127%$1.8M$32.0M2.9xas long as short
Hibachi XRP/USDT-P+0.0288%1h1.5441−0.192%$19K$66K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5479+0.055%$407K$499K10xas long as short
Hyperliquid XRP+0.0507%1h1.5463−0.047%$285.1M$190.2M20xas long as short
Aftermath Perps XRPUSD+0.0526%1h1.5451−0.125%$1K$11K10xas long as short