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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h +0.006%
Price spread now: Lighter RH against Vest+0.041%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 · Lighter RH: Points live · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.041% dearer against Vest than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest XRP-PERP1.55140.0100pay 0.0013% / 1h6m 09s$10K10x
ShortLighter RH XRP1.55200.0096get 0.0012% / 1h6m 09s$443K$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
−$0.86
Price spread: +0.041% → 0.000%
$4.07
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$1.22
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Lighter RH: live order book, 2 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 Lighter RH live order book, 2 min ago1.94 bp1.9 bp −$25.8 bp −$5836.3 bp −$3,630doesn'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%1h1.5513−0.004%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5506−0.046%$1.1M$113K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5521+0.047%$9.5M$25.1M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0001% / S +0.0113%1h1.5522+0.055%$853K200xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5521+0.047%$260K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+0.299%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0041%1h1.5519+0.033%$15.5M$68.5M50xas long as short
Orderly PERP_XRP_USDC+0.0055%8h1.5521+0.047%$76K$909K50xas long as short
Lighter XRP+0.0096%1h1.5517+0.022%$3.0M$12.4M20xas long as short
Lighter RH XRPshort+0.0096%1h1.5520+0.041%$443K$3.2M20x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5520+0.039%$1.1M$5.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5524+0.066%$39.5M$79.1M100xas long as short
Pacifica XRP+0.0100%1h1.5518+0.026%$639K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5516+0.015%$558.3M$1.99B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5516+0.015%$346.3M$903.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5513−0.004%$127.8M$881.5M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5467−0.301%$576K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5522+0.054%$119K$746K20xas long as short
Bulk XRP-USD+0.0100%1h1.5501−0.079%$1.7M$578K20xas long as short
Gate XRP_USDT+0.0100%8h1.5514+0.002%$363.6M$143.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5515+0.009%$300.0M$868.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5515+0.010%$113.1M$161.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5515+0.009%$271.0M$366.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5516+0.015%$119.8Mas long as short
Variational Omni XRP+0.0100%8h1.5501−0.079%$11.8M$30.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5508−0.036%$673K$101.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5513−0.004%$1.1M$41.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5507−0.043%$1.0M$884K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5526+0.079%$46K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5524+0.068%$42K$66K20xas long as short
Derive XRP-PERP+0.0100%1h1.5523+0.059%$836K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5526+0.076%$130K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5520+0.041%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5517+0.023%$51.0M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5517+0.021%$55.2M$29.0M50xas long as short
Vest XRP-PERPlong+0.0100%1h1.5514long leg$10K10x
Paradex XRP-USD-PERP+0.0100%8h1.5517+0.020%$484K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5519+0.034%$11K$261K20xas long as short
Extended XRP-USD+0.0104%1h1.5517+0.024%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5520+0.038%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0176%1h1.5527+0.086%$8K$8K10xas long as short
Reya XRPRUSDPERP+0.0212%1h1.5521+0.044%$1.4M$8K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5529+0.099%$6.0M$47.5M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5499−0.095%$24.6M$73.6M125xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5494−0.125%$18K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0294%1h1.5525+0.073%$1.7M$1.0M25xas long as short
Kalshi KXXRPPERP+0.0320%8h1.5526+0.079%$1.9M$33.2M2.9xas long as short
Phoenix XRP+0.0516%1h1.5500−0.088%$69K$90K15xas long as short
RISEx XRP/USDC+0.0527%1h1.5534+0.133%$509K$631K10xas long as short
Hyperliquid XRP+0.0581%1h1.5533+0.125%$290.4M$204.6M20xas long as short
Aftermath Perps XRPUSD+0.0770%1h1.5520+0.039%$1K$11K10xas long as short