Funding arb · Price arb /

XRP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.032%

Price spread now: edgeX against Vest−0.102%63s7-day average — · you buy dearer than you sell

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

Long on Vest Short on edgeX

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 · edgeX: 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: edgeX is 0.102% cheaper against Vest than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest XRP-PERP	1.5323	0.0100	pay 0.0013% / 1h	33m 51s	—	$9K	10x
Short	edgeX XRPUSDC	1.5307	0.0100	get 0.0050% / 4h	3h 33m	$665K	$107.3M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.102%Rate

Funding earned: $0
Price spread: −0.102% → 0.000%: −$10.21
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$21.21
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; edgeX: live order book, 5 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 edgeX live order book, 5 min ago	1.31 bp	5.8 bp −$6	5.8 bp −$58	8.9 bp −$886	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5329	+0.039%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5325	+0.014%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5321	−0.012%	$256K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5324	+0.007%	$9.3M	$25.1M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0013% / S +0.0081%	1h	1.5321	−0.015%	$840K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.547%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0062%	8h	1.5325	+0.013%	$58K	$935K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5325	+0.012%	$2.8M	$13.9M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5328	+0.033%	$514K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5331	+0.052%	$10K	$279K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XRP-USD-PERP	+0.0100%	8h	1.5324	+0.007%	$478K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5330	+0.049%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5319	−0.026%	$38.7M	$83.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5329	+0.039%	$620K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5315	−0.052%	$539.3M	$2.06B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5321	−0.013%	$341.3M	$921.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5321	−0.013%	$124.7M	$869.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5316	−0.046%	$571K	$48K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5333	+0.065%	$118K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5296	−0.177%	$1.6M	$517K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5313	−0.065%	$373.6M	$149.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5314	−0.059%	$307.7M	$902.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5312	−0.071%	$108.6M	$165.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5312	−0.072%	$267.8M	$374.9M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5319	−0.026%	—	$123.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5328	+0.034%	$6.3M	$35.5M	—	as long as short
edgeX XRPUSDCshort	+0.0100%	4h	1.5307	−0.102%	$665K	$107.3M	30x
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5296	−0.176%	$1.1M	$39.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5333	+0.065%	$1.0M	$892K	50x	as long as short
Vest XRP-PERPlong	+0.0100%	1h	1.5323	long leg	—	$9K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5331	+0.052%	$49K	$442K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5326	+0.018%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5327	+0.025%	$825K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5333	+0.065%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5323	0.000%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5320	−0.017%	$50.3M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5326	+0.020%	$54.5M	$29.5M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5309	−0.089%	$2.1M	$7.1M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5333	+0.065%	$8K	$8K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5322	−0.006%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5323	+0.003%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5311	−0.078%	$23.9M	$73.8M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5333	+0.065%	$5.8M	$46.3M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0244%	1h	1.5322	−0.004%	$14.5M	$70.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0285%	1h	1.5331	+0.052%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0310%	8h	1.5334	+0.072%	$2.1M	$35.1M	2.9x	as long as short
Hibachi XRP/USDT-P	+0.0312%	1h	1.5333	+0.067%	$17K	$81K	7x	as long as short
Hyperliquid XRP	+0.0401%	1h	1.5332	+0.059%	$289.5M	$214.5M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5350	+0.176%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0802%	1h	1.5330	+0.043%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5338	+0.096%	$507K	$754K	10x	as long as short