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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.024%
Price spread now: Vest against Deribit−0.047%7-day average · you buy dearer than you sell
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 airdropVest: Active · farm boardneeds both histories
Funding pays, the price is against you. Vest is 0.047% cheaper against Deribit than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit XRP_USDC-PERPETUAL1.51250get 0.0000% / 1h47m 53s$7.7M$25.6M50x
ShortVest XRP-PERP1.51180.0100get 0.0013% / 1h47m 53s$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Deribit. 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
$21
Price spread: −0.047% → 0.000%
−$4.71
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Vest: 1 bp × 2 orders
−$2
Net
$7.29
Costs to cover
0.090%
Break-even
4.6 days
Slippage unknown: Deribit: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 1 min ago0.33 bp4.5 bp −$47.5 bp −$7543.3 bp −$4,330doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5108−0.112%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5121−0.027%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.5104−0.139%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5120−0.033%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUALlong0.0000%1h1.5125long leg$7.7M$25.6M50x
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5123−0.011%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.876%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5127+0.013%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5123−0.013%$793K200xas long as short
Lighter XRP+0.0096%1h1.5121−0.030%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5123−0.013%$497K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5116−0.060%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5122−0.017%$939K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5126+0.007%$290.9M$258.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5110−0.099%$38.7M$86.5M100xas long as short
Pacifica XRP+0.0100%1h1.5113−0.079%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5113−0.079%$531.7M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5116−0.060%$342.2M$950.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5116−0.060%$125.4M$888.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5107−0.119%$563K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5128+0.020%$137K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5114−0.073%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.5112−0.086%$372.2M$155.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5110−0.099%$295.2M$904.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5113−0.082%$107.8M$179.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5106−0.126%$268.0M$393.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5113−0.079%$105.2Mas long as short
Variational Omni XRP+0.0100%8h1.5128+0.019%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5106−0.127%$656K$111.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5131+0.039%$1.1M$37.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5124−0.007%$1.2M$1.1M50xas long as short
Vest XRP-PERPshort+0.0100%1h1.5118−0.047%$11K10x
Polymarket Perps XRP-USD+0.0100%1h1.5128+0.020%$50K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5120−0.033%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5123−0.013%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5122−0.018%$814K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5110−0.102%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5121−0.026%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5106−0.124%$49.4M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5118−0.046%$53.9M$31.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5111−0.090%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5106−0.123%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5120−0.033%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0146%8h1.5120−0.033%$1.8M$35.6M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.51250.000%$5.7M$48.3M50xas long as short
Backpack XRP_USDC_PERP+0.0188%1h1.5127+0.013%$2.0M$1.4M25xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5119−0.038%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5097−0.185%$24.1M$75.8M125xas long as short
Hibachi XRP/USDT-P+0.0240%1h1.5124−0.007%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5128+0.021%$516K$777K10xas long as short
Aftermath Perps XRPUSD+0.0617%1h1.5124−0.004%$2K$15K10xas long as short