Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Vest against ApeX Omni−0.666%62s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Vest

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 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.666% cheaper against ApeX Omni than usual: you would sell low and buy high, −$67 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XRPUSDT	1.5438	0.0100	pay 0.0013% / 1h	54m 25s	$1.2M	$1.2M	50x
Short	Vest XRP-PERP	1.5335	0.0100	get 0.0013% / 1h	54m 25s	—	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against ApeX Omni. 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 ApeX OmnibpFee VestbpOrdersPrice spread, now −0.666%Rate

Funding earned: $0
Price spread: −0.666% → 0.000%: −$66.65
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$78.65
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 5 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 5 min ago	1.94 bp	7.7 bp −$8	12.3 bp −$123	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

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
Hotstuff XRP-PERP	−0.0080%	1h	1.5321	−0.758%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5300	−0.895%	$1.1M	$155K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5430	−0.052%	$69K	$109K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5353	−0.551%	$7.9M	$22.2M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5479	+0.263%	$251K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0016%	1h	1.5354	−0.543%	$14.0M	$73.4M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.790%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0072%	1h	1.5351	−0.565%	$17K	$78K	7x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5320	−0.764%	$9K	$2K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5304	−0.870%	$2.8M	$14.4M	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	1.5303	−0.874%	$615K	$3.1M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5318	−0.777%	$16K	$378K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5319	−0.772%	$478K	$51K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5318	−0.774%	$987K	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5324	−0.737%	$38.9M	$83.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5303	−0.873%	$605K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5325	−0.735%	$534.6M	$2.12B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5323	−0.745%	$355.7M	$909.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5328	−0.713%	$124.4M	$849.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5434	−0.026%	$567K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5325	−0.732%	$166K	$705K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5425	−0.087%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5325	−0.732%	$382.5M	$156.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5321	−0.758%	$303.0M	$897.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5319	−0.770%	$107.9M	$180.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5322	−0.751%	$270.6M	$362.6M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5323	−0.745%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5429	−0.055%	$4.9M	$38.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5432	−0.038%	$672K	$113.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5452	+0.093%	$1.1M	$32.1M	20x	as long as short
ApeX Omni XRPUSDTlong	+0.0100%	1h	1.5438	long leg	$1.2M	$1.2M	50x
Vest XRP-PERPshort	+0.0100%	1h	1.5335	−0.666%	—	$15K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5323	−0.745%	$52K	$480K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5326	−0.725%	$41K	$66K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5324	−0.738%	$69K	$633K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5354	−0.545%	$129K	$1.6M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5353	−0.551%	$30K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5344	−0.610%	$50.1M	$14.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5353	−0.551%	$54.6M	$33.3M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5309	−0.836%	$2.1M	$5.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5371	−0.434%	$59K	$25K	3x	as long as short
Coinbase International XRP-PERP-INTX	+0.0120%	1h	1.5353	−0.551%	$5.4M	$46.4M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0126%	1h	1.5346	−0.596%	$2.0M	$1.3M	25x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0145% / S −0.0113%	1h	1.5348	−0.586%	$822K	—	200x	as long as short
Kalshi KXXRPPERP	+0.0170%	8h	1.5371	−0.434%	$1.7M	$32.9M	2.9x	as long as short
Hyperliquid XRP	+0.0170%	1h	1.5336	−0.661%	$294.3M	$268.0M	20x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5343	−0.615%	$23.8M	$79.0M	125x	as long as short
Reya XRPRUSDPERP	+0.0222%	1h	1.5317	−0.786%	$1.4M	$4K	15x	as long as short
RISEx XRP/USDC	+0.0272%	1h	1.5327	−0.721%	$512K	$795K	10x	as long as short
Aftermath Perps XRPUSD	+0.0499%	1h	1.5423	−0.094%	$3K	$15K	10x	as long as short