Funding arb · Price arb /

XRP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%

Price spread now: Vest against Pacifica−0.393%49s7-day average — · you buy dearer than you sell

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

Long on Pacifica 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 airdropPacifica: Active · Vest: 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 0.393% cheaper against Pacifica than usual: you would sell low and buy high, −$39 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	Pacifica XRP	1.5690	0.0100	pay 0.0013% / 1h	45m 41s	$678K	$1.1M	20x
Short	Vest XRP-PERP	1.5629	0.0100	get 0.0013% / 1h	45m 41s	—	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Pacifica. 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 PacificabpFee VestbpOrdersPrice spread, now −0.393%Rate

Funding earned: $0
Price spread: −0.393% → 0.000%: −$39.31
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$49.31
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Pacifica: 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 Pacifica live order book, 3 min ago	0.32 bp	4.9 bp −$5	doesn't fit	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 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	1.5636	−0.347%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5691	+0.005%	$1.1M	$104K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5637	−0.337%	$262K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0006%	1h	1.5655	−0.226%	$9.6M	$24.9M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−2.552%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5645	−0.293%	$15.7M	$67.5M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0052%	8h	1.5652	−0.245%	$82K	$935K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0080% / S +0.0144%	1h	1.5639	−0.331%	$925K	—	200x	as long as short
Hibachi XRP/USDT-P	+0.0088%	1h	1.5608	−0.528%	$19K	$73K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5677	−0.087%	$3.0M	$11.7M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5700	+0.061%	$461K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5627	−0.401%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5672	−0.115%	$39.9M	$75.5M	100x	as long as short
Pacifica XRPlong	+0.0100%	1h	1.5690	long leg	$678K	$1.1M	20x
Binance XRPUSDT	+0.0100%	8h	1.5696	+0.035%	$569.5M	$1.92B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5697	+0.042%	$356.1M	$872.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5696	+0.035%	$129.1M	$872.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5615	−0.481%	$581K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5638	−0.334%	$121K	$724K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5527	−1.042%	$1.7M	$572K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5664	−0.169%	$373.1M	$135.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5695	+0.029%	$292.2M	$825.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5677	−0.085%	$113.4M	$153.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5674	−0.105%	$272.1M	$353.0M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5666	−0.156%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5524	−1.060%	$11.8M	$29.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5540	−0.959%	$675K	$98.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5571	−0.764%	$1.1M	$41.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5583	−0.685%	$1.0M	$878K	50x	as long as short
Vest XRP-PERPshort	+0.0100%	1h	1.5629	−0.393%	—	$10K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5637	−0.341%	$53K	$437K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5639	−0.329%	$42K	$62K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5654	−0.232%	$843K	$71K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5652	−0.248%	$131K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5648	−0.271%	$31K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5636	−0.345%	$51.4M	$15.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5645	−0.290%	$55.7M	$28.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5696	+0.032%	$489K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5628	−0.398%	$12K	$248K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5653	−0.240%	$2.2M	$7.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5652	−0.246%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0160%	1h	1.5635	−0.353%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5634	−0.363%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5656	−0.220%	$5.8M	$46.4M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5619	−0.455%	$24.6M	$71.9M	125x	as long as short
Kalshi KXXRPPERP	+0.0337%	8h	1.5643	−0.302%	$1.9M	$32.0M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0360%	1h	1.5656	−0.220%	$1.8M	$976K	25x	as long as short
Phoenix XRP	+0.0516%	1h	1.5590	−0.640%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5638	−0.336%	$410K	$533K	10x	as long as short
Aftermath Perps XRPUSD	+0.0606%	1h	1.5598	−0.591%	$1K	$11K	10x	as long as short
Hyperliquid XRP	+0.0653%	1h	1.5685	−0.034%	$290.4M	$196.7M	20x	as long as short