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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: Vest against Hotstuff+0.021%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 airdropHotstuff: Active · Vest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Vest is 0.021% dearer against Hotstuff than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff XRP-PERP1.5141−0.0080get 0.0010% / 1h12m 37s$5K$3K20x
ShortVest XRP-PERP1.51440.0100get 0.0013% / 1h12m 37s$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Hotstuff. 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
$37.8
Price spread: +0.021% → 0.000%
$2.07
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
$32.87
Costs to cover
0.070%
Break-even
0.9 days
Slippage unknown: Hotstuff: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Vest no order-book sample
Hotstuff and 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-PERPlong−0.0080%1h1.5141long leg$5K$3K20x
Kraken Futures PF_XRPUSD−0.0071%1h1.5145+0.025%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5136−0.034%$1.1M$111K10xas long as short
Phoenix XRP0.0000%1h1.5150+0.059%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5142+0.006%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5152+0.073%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.767%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0045% / S +0.0022%1h1.5142+0.005%$789K200xas long as short
Orderly PERP_XRP_USDC+0.0089%8h1.5150+0.059%$62K$934K50xas long as short
Lighter XRP+0.0096%1h1.5139−0.010%$2.8M$14.6M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5142+0.007%$498K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.51410.000%$11K$329K20xas long as short
Nado XRP-PERP+0.0100%1h1.5135−0.036%$1.1M$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5150+0.059%$280.3M$227.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5140−0.006%$38.3M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5141−0.002%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5143+0.012%$534.1M$2.12B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5143+0.013%$346.7M$935.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5145+0.026%$126.2M$874.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5142+0.007%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5148+0.046%$110K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5130−0.070%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5142+0.007%$369.1M$154.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5140−0.007%$293.4M$902.5M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5139−0.010%$107.8M$174.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5143+0.013%$268.0M$384.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5144+0.020%$127.1Mas long as short
Variational Omni XRP+0.0100%8h1.5137−0.027%$5.2M$37.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5141+0.001%$658K$108.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5137−0.029%$1.1M$36.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5155+0.092%$1.2M$1.1M50xas long as short
Vest XRP-PERPshort+0.0100%1h1.5144+0.021%$11K10x
Polymarket Perps XRP-USD+0.0100%1h1.5146+0.033%$44K$454K20xas long as short
Bullet XRP-USD+0.0100%1h1.5142+0.009%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5151+0.065%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5153+0.081%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5148+0.046%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5146+0.034%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5147+0.040%$54.0M$30.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.51410.000%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5142+0.009%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5147+0.043%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0112%1h1.5149+0.053%$8K$8K10xas long as short
Backpack XRP_USDC_PERP+0.0184%1h1.5151+0.066%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5154+0.086%$5.6M$47.0M50xas long as short
Hibachi XRP/USDT-P+0.0208%1h1.5128−0.086%$17K$82K7xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5144+0.021%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5142+0.007%$24.2M$76.0M125xas long as short
Kalshi KXXRPPERP+0.0315%8h1.5152+0.073%$2.1M$34.7M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5150+0.062%$516K$773K10xas long as short
Aftermath Perps XRPUSD+0.0678%1h1.5148+0.048%$2K$15K10xas long as short