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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Vest−0.094%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 · Extended: 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: Extended is 0.094% cheaper against Vest than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest XRP-PERP1.52020.0100pay 0.0013% / 1h38m 12s$15K10x
ShortExtended XRP-USD1.51870.0104get 0.0013% / 1h38m 12s$2.1M$6.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.094% → 0.000%
−$9.44
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$15.6
Costs to cover
0.070%
Break-even
137.0 days
Slippage unknown: Vest: no order-book sample; Extended: live order book, 6 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 Extended live order book, 6 min ago0.33 bp2.8 bp −$34.3 bp −$43doesn't fitdoesn'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%1h1.5212+0.067%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5208+0.044%$1.1M$148K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5197−0.032%$7.8M$24.1M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5192−0.065%$246K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.356%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5189−0.085%$14.6M$73.8M50xas long as short
Lighter XRP+0.0096%1h1.5191−0.069%$2.8M$15.1M20xas long as short
Lighter RH XRP+0.0096%1h1.5193−0.058%$604K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5196−0.038%$17K$380K20xas long as short
Nado XRP-PERP+0.0100%1h1.5191−0.070%$1.0M$6.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XRPUSDT+0.0100%8h1.5192−0.062%$38.4M$87.0M100xas long as short
Pacifica XRP+0.0100%1h1.5213+0.071%$613K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5188−0.091%$532.0M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5186−0.104%$349.7M$955.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5188−0.091%$128.3M$870.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5224+0.146%$567K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5208+0.041%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5190−0.078%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5188−0.091%$378.7M$160.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5189−0.084%$314.9M$921.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5193−0.059%$106.4M$183.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5185−0.111%$268.6M$391.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5187−0.097%$107.5Mas long as short
Variational Omni XRP+0.0100%8h1.5226+0.156%$5.0M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5231+0.192%$662K$113.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5233+0.208%$1.1M$35.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5239+0.245%$1.2M$1.2M50xas long as short
Vest XRP-PERPlong+0.0100%1h1.5202long leg$15K10x
Polymarket Perps XRP-USD+0.0100%1h1.5196−0.038%$51K$511K20xas long as short
Bullet XRP-USD+0.0100%1h1.5192−0.064%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5193−0.058%$77K$688K50xas long as short
Derive XRP-PERP+0.0100%1h1.5195−0.042%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5196−0.036%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5189−0.084%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5197−0.031%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5191−0.071%$54.3M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5213+0.074%$474K$55K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0101% / S −0.0060%1h1.5192−0.065%$784K200xas long as short
Extended XRP-USDshort+0.0104%1h1.5187−0.094%$2.1M$6.9M50x
01 Exchange XRPUSD+0.0104%1h1.5201−0.005%$9K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5191−0.074%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0112%1h1.5216+0.096%$17K$78K7xas long as short
Hyperliquid XRP+0.0136%1h1.5202+0.002%$290.0M$267.6M20xas long as short
Backpack XRP_USDC_PERP+0.0157%1h1.5198−0.025%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5195−0.045%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0195%8h1.5202+0.001%$1.8M$34.6M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5189−0.083%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5207+0.034%$23.6M$77.8M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5204+0.016%$522K$807K10xas long as short
Phoenix XRP+0.0526%1h1.5240+0.251%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0643%1h1.5224+0.143%$2K$16K10xas long as short