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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: Phemex against Vest+0.005%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 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest XRP-PERP1.53920.0100pay 0.0013% / 1h4m 00s$10K10x
ShortPhemex XRPUSDT1.53930.0100get 0.0100% / 8h2h 04m$55.0M$28.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: +0.005% → 0.000%
$0.51
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$13.49
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Phemex: 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
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Phemex live order book, 5 min ago2.27 bp11.2 bp −$1115.7 bp −$15723.5 bp −$2,348doesn'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%1h1.5398+0.038%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5391−0.010%$1.1M$101K10xas long as short
Phoenix XRP0.0000%1h1.5450+0.375%$69K$89K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5391−0.006%$258K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0010%1h1.5397+0.031%$9.4M$24.8M50xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290−0.664%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0048%8h1.5395+0.018%$80K$933K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0076% / S +0.0164%1h1.5390−0.013%$906K200xas long as short
Lighter XRP+0.0096%1h1.5395+0.019%$3.0M$11.5M20xas long as short
Lighter RH XRP+0.0096%1h1.5397+0.031%$445K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5391−0.005%$1.1M$5.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5393+0.003%$39.2M$73.3M100xas long as short
Pacifica XRP+0.0100%1h1.5390−0.013%$672K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5396+0.024%$553.9M$1.87B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5403+0.070%$346.6M$853.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5413+0.135%$125.4M$848.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5409+0.109%$573K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5393+0.005%$120K$688K20xas long as short
Bulk XRP-USD+0.0100%1h1.5472+0.515%$1.7M$470K20xas long as short
Gate XRP_USDT+0.0100%8h1.5391−0.008%$367.2M$134.6M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5392−0.001%$287.0M$825.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5393+0.003%$112.0M$149.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5392−0.001%$266.9M$347.0M125xas long as short
BingX XRP-USDC+0.0100%8h1.5392−0.001%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5410+0.114%$6.6M$24.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5443+0.331%$671K$95.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5404+0.080%$1.1M$41.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5410+0.116%$1.0M$879K50xas long as short
Vest XRP-PERPlong+0.0100%1h1.5392long leg$10K10x
Polymarket Perps XRP-USD+0.0100%1h1.5396+0.025%$51K$438K20xas long as short
Bullet XRP-USD+0.0100%1h1.5394+0.010%$42K$60K20xas long as short
Derive XRP-PERP+0.0100%1h1.5392−0.004%$829K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5398+0.039%$129K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5393+0.005%$31K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5389−0.022%$50.6M$14.9M75xas long as short
Phemex XRPUSDTshort+0.0100%8h1.5393+0.005%$55.0M$28.3M50x
Paradex XRP-USD-PERP+0.0100%8h1.5391−0.008%$480K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5398+0.038%$12K$240K20xas long as short
Extended XRP-USD+0.0104%1h1.5391−0.009%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5393+0.002%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0152%1h1.5400+0.051%$8K$8K10xas long as short
Kraken Futures PF_XRPUSD+0.0169%1h1.5393+0.003%$15.7M$65.4M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5401+0.057%$5.6M$44.9M50xas long as short
Backpack XRP_USDC_PERP+0.0199%1h1.5401+0.057%$1.8M$953K25xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5392−0.001%$1.4M$9K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5396+0.025%$24.2M$69.0M125xas long as short
Kalshi KXXRPPERP+0.0302%8h1.5414+0.142%$1.8M$31.9M2.9xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5387−0.032%$19K$66K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5395+0.021%$404K$498K10xas long as short
Hyperliquid XRP+0.0514%1h1.5411+0.122%$283.8M$190.5M20xas long as short
Aftermath Perps XRPUSD+0.0570%1h1.5417+0.158%$1K$11K10xas long as short