Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Vest against Binance−0.201%47s7-day average — · you buy dearer than you sell

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

Long on Binance Short on Vest

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 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 0.201% cheaper against Binance 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). The two prices were read 47 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	Binance XRPUSDT	1.4988	0.0100	pay 0.0100% / 8h	2h 25m	$524.6M	$2.22B	100x
Short	Vest XRP-PERP	1.4958	0.0100	get 0.0013% / 1h	25m 44s	—	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Binance. 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 BinancebpFee VestbpOrdersPrice spread, now −0.201%Rate

Funding earned: $0
Price spread: −0.201% → 0.000%: −$20.07
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$32.07
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 3 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 Binance live order book, 3 min ago	0.33 bp	5.3 bp −$5	5.8 bp −$58	11.9 bp −$1,192	26.1 bp −$13.0K
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 51 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	1.4943	−0.301%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.4961	−0.181%	$14.1M	$75.2M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.4984	−0.031%	$1.1M	$130K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5010	+0.146%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.4954	−0.228%	$242K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.815%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0069% / S −0.0013%	1h	1.4954	−0.228%	$786K	—	200x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.4961	−0.181%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.4984	−0.025%	$2.8M	$15.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.4988	−0.001%	$542K	$3.3M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0099%	8h	1.4944	−0.294%	$10K	$363K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.4956	−0.211%	$944K	$6.3M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.4990	+0.012%	$285.3M	$261.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.4985	−0.021%	$38.2M	$87.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.4953	−0.238%	$598K	$1.1M	20x	as long as short
Binance XRPUSDTlong	+0.0100%	8h	1.4988	long leg	$524.6M	$2.22B	100x
Bybit XRPUSDT	+0.0100%	8h	1.4988	−0.001%	$340.9M	$970.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.4990	+0.012%	$124.0M	$876.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.4932	−0.375%	$556K	$31K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.4964	−0.161%	$143K	$733K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5027	+0.259%	$1.6M	$4K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.4977	−0.074%	$365.3M	$159.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.4977	−0.074%	$280.9M	$918.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.4961	−0.180%	$104.4M	$181.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.4978	−0.068%	$262.9M	$399.0M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.4975	−0.088%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.4960	−0.188%	$4.7M	$38.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5011	+0.155%	$652K	$112.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5001	+0.084%	$1.1M	$37.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5018	+0.199%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERPshort	+0.0100%	1h	1.4958	−0.201%	—	$15K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.4961	−0.181%	$51K	$492K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.4956	−0.214%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.4957	−0.208%	$61K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.4956	−0.216%	$805K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.4965	−0.158%	$125K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.4960	−0.188%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.4955	−0.219%	$48.9M	$15.8M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.4962	−0.174%	$53.4M	$32.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.4957	−0.207%	$466K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.4969	−0.126%	$1.9M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.4958	−0.199%	$57K	$25K	3x	as long as short
Kalshi KXXRPPERP	+0.0143%	8h	1.4959	−0.194%	$1.6M	$35.9M	2.9x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0151%	1h	1.4962	−0.174%	$7.6M	$25.8M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0155%	1h	1.4971	−0.114%	$2.0M	$1.4M	25x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.4964	−0.161%	$5.5M	$48.1M	50x	as long as short
Hibachi XRP/USDT-P	+0.0208%	1h	1.4939	−0.330%	$17K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.4959	−0.197%	$1.3M	$6K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.4939	−0.328%	$23.2M	$76.1M	125x	as long as short
RISEx XRP/USDC	+0.0305%	1h	1.4963	−0.169%	$510K	$781K	10x	as long as short
Aftermath Perps XRPUSD	+0.0626%	1h	1.5000	+0.078%	$2K	$16K	10x	as long as short