Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Vest against Gate+0.028%49s7-day average — · you sell dearer than you buy

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

Long on Gate 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 0.028% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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	Gate XRP_USDT	1.5229	0.0100	pay 0.0100% / 8h	1h 14m	$378.2M	$161.6M	100x
Short	Vest XRP-PERP	1.5233	0.0100	get 0.0013% / 1h	14m 37s	—	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Gate. 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 GatebpFee VestbpOrdersPrice spread, now +0.028%Rate

Funding earned: $0
Price spread: +0.028% → 0.000%: $2.79
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Vest: 1 bp × 2 orders: −$2
Net: −$14.21
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 4 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 Gate live order book, 4 min ago	0.66 bp	10.4 bp −$10	14.9 bp −$149	28.9 bp −$2,887	40.1 bp −$20.1K
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	1.5243	+0.092%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5233	+0.027%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5260	+0.204%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5223	−0.039%	$246K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0024%	1h	1.5233	+0.027%	$14.5M	$75.1M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.173%	$2K	$107K	30x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0078%	1h	1.5237	+0.053%	$7.9M	$24.8M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0089% / S −0.0042%	1h	1.5223	−0.042%	$786K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5234	+0.033%	$2.8M	$15.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5237	+0.053%	$548K	$3.2M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0099%	8h	1.5222	−0.046%	$11K	$372K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5232	+0.023%	$994K	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5232	+0.018%	$38.6M	$87.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5234	+0.034%	$619K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5232	+0.020%	$534.9M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5226	−0.020%	$349.1M	$965.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5230	+0.007%	$128.0M	$882.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5239	+0.066%	$567K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5234	+0.033%	$145K	$716K	20x	as long as short
Gate XRP_USDTlong	+0.0100%	8h	1.5229	long leg	$378.2M	$161.6M	100x
MEXC XRP_USDT	+0.0100%	8h	1.5231	+0.013%	$311.6M	$931.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5234	+0.032%	$107.9M	$182.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5227	−0.013%	$269.2M	$396.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5227	−0.013%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5233	+0.025%	$4.8M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5248	+0.126%	$664K	$114.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5240	+0.070%	$1.1M	$36.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5258	+0.190%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERPshort	+0.0100%	1h	1.5233	+0.028%	—	$15K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5226	−0.020%	$64K	$508K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5233	+0.025%	$41K	$71K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5231	+0.013%	$75K	$695K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5238	+0.062%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5234	+0.033%	$30K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5238	+0.058%	$49.8M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5233	+0.026%	$54.6M	$32.6M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5206	−0.151%	$1.6M	$5K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5240	+0.074%	$475K	$54K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5222	−0.045%	$2.1M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5231	+0.013%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0112%	1h	1.5228	−0.007%	$9K	$2K	10x	as long as short
Hibachi XRP/USDT-P	+0.0136%	1h	1.5239	+0.065%	$17K	$79K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5231	+0.013%	$5.7M	$48.4M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0184%	1h	1.5245	+0.105%	$2.0M	$1.4M	25x	as long as short
Hyperliquid XRP	+0.0215%	1h	1.5247	+0.118%	$290.3M	$265.9M	20x	as long as short
Reya XRPRUSDPERP	+0.0219%	1h	1.5222	−0.045%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5234	+0.033%	$23.6M	$78.3M	125x	as long as short
Kalshi KXXRPPERP	+0.0225%	8h	1.5242	+0.085%	$1.8M	$35.2M	2.9x	as long as short
RISEx XRP/USDC	+0.0316%	1h	1.5232	+0.019%	$529K	$806K	10x	as long as short
Aftermath Perps XRPUSD	+0.0664%	1h	1.5235	+0.037%	$2K	$16K	10x	as long as short