Funding arb · Price arb /

XRP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Pacifica against Vest−0.037%7-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 Pacifica

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · Pacifica: 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: Pacifica is 0.037% cheaper against Vest than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest XRP-PERP	1.5364	0.0100	pay 0.0013% / 1h	12m 02s	—	$15K	10x
Short	Pacifica XRP	1.5358	0.0100	get 0.0013% / 1h	12m 02s	$618K	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.037%Rate

Funding earned: $0
Price spread: −0.037% → 0.000%: −$3.68
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$13.68
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Pacifica: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Vest no order-book sample	—	—	—	—	—
Sell Pacifica live order book, 2 min ago	0.33 bp	4.3 bp −$4	doesn't fit	doesn't fit	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 50 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
Kraken Futures PF_XRPUSD	−0.0170%	1h	1.5371	+0.042%	$14.1M	$74.7M	50x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5351	−0.085%	$5K	$3K	20x	as long as short
Phoenix XRP	0.0000%	1h	1.5350	−0.092%	$69K	$110K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5374	+0.064%	$7.9M	$22.6M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5370	+0.038%	$250K	—	150x	as long as short
dYdX XRP-USD	+0.0006%	1h	1.5347	−0.112%	$1.1M	$123K	10x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.275%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5356	−0.053%	$9K	$2K	10x	as long as short
Hibachi XRP/USDT-P	+0.0080%	1h	1.5360	−0.028%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5369	+0.033%	$2.8M	$14.7M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5373	+0.058%	$625K	$3.1M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5353	−0.072%	$20K	$378K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5356	−0.054%	$479K	$52K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5357	−0.043%	$1.0M	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5376	+0.079%	$39.0M	$82.6M	100x	as long as short
Pacifica XRPshort	+0.0100%	1h	1.5358	−0.037%	$618K	$1.0M	20x
Binance XRPUSDT	+0.0100%	8h	1.5378	+0.092%	$537.3M	$2.12B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5375	+0.071%	$357.5M	$909.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5374	+0.064%	$127.2M	$841.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5326	−0.248%	$562K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5361	−0.020%	$161K	$702K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5316	−0.314%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5372	+0.051%	$379.3M	$156.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5373	+0.058%	$318.9M	$930.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5374	+0.064%	$108.7M	$180.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5376	+0.077%	$273.0M	$363.7M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5370	+0.038%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5344	−0.129%	$4.8M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5339	−0.164%	$666K	$113.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5356	−0.051%	$1.1M	$32.7M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5342	−0.144%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERPlong	+0.0100%	1h	1.5364	long leg	—	$15K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5363	−0.007%	$52K	$502K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5370	+0.037%	$41K	$66K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5372	+0.051%	$78K	$646K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5371	+0.045%	$129K	$1.6M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5369	+0.032%	$31K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5358	−0.039%	$50.1M	$14.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5371	+0.045%	$54.5M	$33.3M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5372	+0.049%	$2.1M	$6.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5366	+0.009%	$59K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0134% / S −0.0096%	1h	1.5370	+0.036%	$789K	—	200x	as long as short
Coinbase International XRP-PERP-INTX	+0.0160%	1h	1.5371	+0.045%	$5.3M	$46.5M	50x	as long as short
Kalshi KXXRPPERP	+0.0172%	8h	1.5360	−0.027%	$1.7M	$32.7M	2.9x	as long as short
Hyperliquid XRP	+0.0179%	1h	1.5388	+0.155%	$294.8M	$265.9M	20x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5334	−0.196%	$23.8M	$78.0M	125x	as long as short
Reya XRPRUSDPERP	+0.0221%	1h	1.5331	−0.215%	$1.4M	$4K	15x	as long as short
Backpack XRP_USDC_PERP	+0.0227%	1h	1.5387	+0.149%	$2.0M	$1.3M	25x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5360	−0.029%	$526K	$784K	10x	as long as short
Aftermath Perps XRPUSD	+0.0516%	1h	1.5326	−0.251%	$3K	$15K	10x	as long as short