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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Orderly against Vest−0.203%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.203% cheaper against Vest than usual: you would sell low and buy high, −$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest XRP-PERP1.52570.0100pay 0.0013% / 1h48m 46s$15K10x
ShortOrderly PERP_XRP_USDC1.52260.0100get 0.0100% / 8h4h 48m$83K$601K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
Price spread: −0.203% → 0.000%
−$20.33
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$28.33
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample
Vest and Orderly: 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 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%1h1.5360+0.675%$5K$2K20xas long as short
Kraken Futures PF_XRPUSD−0.0077%1h1.5230−0.175%$13.6M$68.5M50xas long as short
dYdX XRP-USD0.0000%1h1.5286+0.187%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5270+0.085%$68K$102K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5230−0.177%$7.6M$19.9M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5217−0.261%$241K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.986%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5260+0.020%$9K$98710xas long as short
Hibachi XRP/USDT-P+0.0080%1h1.5292+0.232%$17K$68K7xas long as short
Lighter XRP+0.0096%1h1.5286+0.191%$2.7M$13.5M20xas long as short
Show all 51 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5290+0.216%$590K$3.1M20xas long as short
Coinbase International XRP-PERP-INTX+0.0096%1h1.5231−0.171%$5.4M$41.4M50xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5286+0.187%$477K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5249−0.053%$10K$411K20xas long as short
Nado XRP-PERP+0.0100%1h1.5225−0.207%$846K$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5286+0.190%$296.9M$260.8M20xas long as short
Aster XRPUSDT+0.0100%8h1.5288+0.203%$38.8M$79.4M100xas long as short
Pacifica XRP+0.0100%1h1.5287+0.196%$590K$978K20xas long as short
Binance XRPUSDT+0.0100%8h1.5288+0.205%$532.0M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5286+0.190%$358.9M$853.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5282+0.164%$123.9M$817.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5273+0.105%$561K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5276+0.124%$160K$693K20xas long as short
Bulk XRP-USD+0.0100%1h1.5312+0.357%$1.6M$66K20xas long as short
Gate XRP_USDT+0.0100%8h1.5267+0.065%$375.4M$156.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5288+0.203%$316.6M$877.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5283+0.172%$104.0M$179.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5274+0.111%$269.7M$346.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5278+0.138%$94.9Mas long as short
Variational Omni XRP+0.0100%8h1.5256−0.004%$4.9M$37.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5262+0.032%$663K$105.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5263+0.039%$1.1M$32.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5270+0.085%$1.2M$1.2M50xas long as short
Vest XRP-PERPlong+0.0100%1h1.5257long leg$15K10x
Polymarket Perps XRP-USD+0.0100%1h1.5248−0.059%$50K$471K20xas long as short
Bullet XRP-USD+0.0100%1h1.5233−0.157%$41K$64K20xas long as short
Orderly PERP_XRP_USDCshort+0.0100%8h1.5226−0.203%$83K$601K50x
Derive XRP-PERP+0.0100%1h1.5228−0.193%$819K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5221−0.233%$127K$1.4M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5255−0.013%$30K$1.4M10xas long as short
HTX XRP-USDT+0.0100%8h1.5221−0.237%$49.6M$13.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5242−0.098%$54.5M$33.3M50xas long as short
Extended XRP-USD+0.0104%1h1.5258+0.009%$2.2M$5.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5221−0.233%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0109%8h1.5250−0.046%$1.9M$35.6M2.9xas long as short
Backpack XRP_USDC_PERP+0.0132%1h1.5255−0.013%$2.0M$1.2M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5236−0.138%$23.8M$77.0M125xas long as short
Reya XRPRUSDPERP+0.0224%1h1.5244−0.088%$1.3M$1K15xas long as short
GMX XRP/USD [ETH-USDC]L +0.0258% / S −0.0514%1h1.5228−0.192%$878K200xas long as short
RISEx XRP/USDC+0.0300%1h1.5263+0.040%$505K$723K10xas long as short
Aftermath Perps XRPUSD+0.0384%1h1.5285+0.181%$3K$13K10xas long as short