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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0258%/8h= +28.3% APRnext payment +$0.32 per $10,000 · paid last 24h +0.120%
Price spread now: RISEx against Vest−0.021%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 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
Funding pays, the price is against you. RISEx is 0.021% cheaper against Vest than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest XRP-PERP1.52060.0100pay 0.0013% / 1h45m 55s$11K10x
ShortRISEx XRP/USDC1.52030.0358get 0.0045% / 1h45m 55s$518K$773K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$54.23
Price spread: −0.021% → 0.000%
−$2.09
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee RISEx: 3 bp × 2 orders
−$6
Net
$44.15
Costs to cover
0.080%
Break-even
1.3 days
Slippage unknown: Vest: no order-book sample; RISEx: live order book, 8 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 RISEx live order book, 8 min ago1.61 bp4.6 bp −$510.5 bp −$105doesn'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%1h1.5206+0.002%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5203−0.020%$1.1M$111K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5201−0.031%$262K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5205−0.005%$7.8M$25.6M50xas long as short
Kraken Futures PF_XRPUSD+0.0021%1h1.5199−0.043%$14.4M$74.1M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.330%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0051% / S +0.0015%1h1.5201−0.032%$780K200xas long as short
Lighter XRP+0.0096%1h1.5205−0.003%$2.9M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5202−0.025%$498K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5197−0.057%$12K$343K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_XRP_USDC+0.0099%8h1.5203−0.018%$62K$934K50xas long as short
Nado XRP-PERP+0.0100%1h1.5206+0.005%$1.0M$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5201−0.028%$38.4M$84.6M100xas long as short
Pacifica XRP+0.0100%1h1.5203−0.019%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5202−0.022%$534.5M$2.14B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5202−0.025%$346.8M$941.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5203−0.018%$127.3M$887.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5232+0.173%$566K$29K5xas long as short
Arcus XRP-USD+0.0100%1h1.5201−0.031%$118K$702K20xas long as short
Bulk XRP-USD+0.0100%1h1.5181−0.163%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5204−0.011%$371.6M$153.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5204−0.011%$293.2M$899.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5209+0.021%$108.9M$176.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5200−0.038%$269.2M$388.5M125xas long as short
BingX XRP-USDC+0.0100%8h1.5207+0.008%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5202−0.026%$4.9M$38.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5208+0.015%$660K$109.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5208+0.016%$1.1M$36.7M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5214+0.054%$1.2M$1.1M50xas long as short
Vest XRP-PERPlong+0.0100%1h1.5206long leg$11K10x
Polymarket Perps XRP-USD+0.0100%1h1.5207+0.008%$45K$476K20xas long as short
Bullet XRP-USD+0.0100%1h1.5203−0.018%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5205−0.008%$818K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5201−0.029%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5203−0.018%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5202−0.023%$49.7M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5202−0.025%$54.2M$31.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5200−0.041%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5203−0.016%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5202−0.023%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0160%1h1.5204−0.011%$9K$8K10xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5207+0.008%$5.6M$47.6M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5201−0.030%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5212+0.041%$24.1M$76.0M125xas long as short
Hibachi XRP/USDT-P+0.0248%1h1.5214+0.053%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0277%8h1.5212+0.041%$2.0M$35.1M2.9xas long as short
Hyperliquid XRP+0.0298%1h1.5214+0.054%$292.6M$234.6M20xas long as short
Backpack XRP_USDC_PERP+0.0303%1h1.5209+0.021%$2.0M$1.4M25xas long as short
RISEx XRP/USDCshort+0.0358%1h1.5203−0.021%$518K$773K10x
Phoenix XRP+0.0528%1h1.5220+0.094%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0650%1h1.5212+0.043%$2K$15K10xas long as short