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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.044%
Price spread now: Hibachi against Vest+0.027%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · Hibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hibachi is 0.027% dearer against Vest than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest XRP-PERP1.51880.0100pay 0.0013% / 1h57m 26s$15K10x
ShortHibachi XRP/USDT-P1.51930.0128get 0.0016% / 1h57m 26s$17K$79K7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Vest. 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
$5.88
Price spread: +0.027% → 0.000%
$2.66
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$2.46
Costs to cover
0.110%
Break-even
9.9 days
Slippage unknown: Vest: no order-book sample; Hibachi: 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 Vest no order-book sample
Sell Hibachi no order-book sample
Vest and Hibachi: 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-PERP−0.0080%1h1.5191+0.017%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5177−0.075%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5220+0.208%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5188−0.004%$246K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5196+0.050%$7.8M$24.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.446%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5191+0.015%$14.5M$74.3M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0094% / S −0.0051%1h1.5193+0.027%$784K200xas long as short
Lighter XRP+0.0096%1h1.5187−0.009%$2.8M$15.0M20xas long as short
Lighter RH XRP+0.0096%1h1.5185−0.023%$545K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5174−0.095%$10K$370K20xas long as short
Nado XRP-PERP+0.0100%1h1.5187−0.006%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5190+0.010%$38.5M$87.3M100xas long as short
Pacifica XRP+0.0100%1h1.5186−0.016%$612K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5190+0.010%$532.1M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5189+0.003%$348.4M$959.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5180−0.056%$129.4M$881.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5196+0.050%$565K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5189+0.003%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5195+0.046%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5180−0.056%$378.5M$159.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5183−0.036%$311.4M$915.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5182−0.043%$107.1M$183.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5177−0.076%$268.4M$395.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5182−0.043%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5187−0.011%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5193+0.030%$660K$113.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5196+0.049%$1.1M$35.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5208+0.129%$1.2M$1.2M50xas long as short
Vest XRP-PERPlong+0.0100%1h1.5188long leg$15K10x
Polymarket Perps XRP-USD+0.0100%1h1.5181−0.049%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5196+0.049%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5197+0.056%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5192+0.024%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5194+0.034%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5193+0.030%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5193+0.033%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5196+0.050%$54.3M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5187−0.013%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5176−0.081%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5192+0.024%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0123%1h1.5205+0.109%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-Pshort+0.0128%1h1.5193+0.027%$17K$79K7x
01 Exchange XRPUSD+0.0160%1h1.5185−0.023%$8K$2K10xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5196+0.050%$5.6M$48.2M50xas long as short
Hyperliquid XRP+0.0177%1h1.5194+0.036%$289.7M$267.3M20xas long as short
Kalshi KXXRPPERP+0.0213%8h1.5197+0.056%$1.8M$34.7M2.9xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5178−0.068%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5193+0.030%$23.7M$77.9M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5193+0.028%$528K$806K10xas long as short
Aftermath Perps XRPUSD+0.0691%1h1.5205+0.107%$2K$16K10xas long as short