Funding arb · Price arb /

XRP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Vest against Nado+0.029%7-day average — · you sell dearer than you buy

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

Long on Nado Short on Vest

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: 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 0.029% dearer against Nado 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).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XRP-PERP	1.5174	0.0100	pay 0.0012% / 1h	2m 07s	$1.0M	$6.3M	20x
Short	Vest XRP-PERP	1.5179	0.0100	get 0.0013% / 1h	2m 07s	—	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Nado. 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 NadobpFee VestbpOrdersPrice spread, now +0.029%Rate

Funding earned: $0
Price spread: +0.029% → 0.000%: $2.88
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Vest: 1 bp × 2 orders: −$2
Net: −$6.12
Costs to cover: 0.090%
Break-even: 628776135357526.9 days

Slippage unknown: Nado: live order book, 2 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 Nado live order book, 2 min ago	0.33 bp	4.3 bp −$4	10.1 bp −$101	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	1.5178	+0.023%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5175	+0.006%	$1.1M	$148K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5171	−0.023%	$7.7M	$24.0M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5162	−0.083%	$246K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.540%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0078%	1h	1.5166	−0.053%	$14.6M	$73.7M	50x	as long as short
Hibachi XRP/USDT-P	+0.0080%	1h	1.5166	−0.056%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5167	−0.049%	$2.8M	$15.2M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5166	−0.056%	$604K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5169	−0.036%	$20K	$383K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERPlong	+0.0100%	1h	1.5174	long leg	$1.0M	$6.3M	20x
Aster XRPUSDT	+0.0100%	8h	1.5163	−0.076%	$38.5M	$86.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5178	+0.023%	$611K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5161	−0.089%	$529.3M	$2.21B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5158	−0.109%	$349.7M	$947.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5161	−0.089%	$127.3M	$862.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5172	−0.016%	$565K	$33K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5182	+0.049%	$144K	$713K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5189	+0.096%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5160	−0.096%	$377.3M	$163.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5163	−0.076%	$310.0M	$931.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5162	−0.080%	$106.6M	$183.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5158	−0.109%	$268.8M	$388.6M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5160	−0.096%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5165	−0.060%	$4.8M	$38.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5174	−0.004%	$659K	$113.2M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5174	−0.003%	$1.1M	$33.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5182	+0.049%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERPshort	+0.0100%	1h	1.5179	+0.029%	—	$15K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5176	+0.010%	$52K	$514K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5168	−0.046%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5169	−0.036%	$77K	$689K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5185	+0.066%	$817K	$77K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5182	+0.047%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5166	−0.056%	$29K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5170	−0.032%	$49.5M	$15.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5165	−0.063%	$54.1M	$32.6M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5181	+0.045%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5163	−0.077%	$2.1M	$6.9M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5181	+0.043%	$8K	$2K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5168	−0.044%	$58K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0111% / S −0.0073%	1h	1.5162	−0.082%	$784K	—	200x	as long as short
Hyperliquid XRP	+0.0145%	1h	1.5177	+0.016%	$289.7M	$268.2M	20x	as long as short
Kalshi KXXRPPERP	+0.0161%	8h	1.5178	+0.023%	$1.8M	$33.6M	2.9x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5173	−0.010%	$5.6M	$47.9M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0182%	1h	1.5173	−0.010%	$2.0M	$1.4M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5172	−0.016%	$23.6M	$77.7M	125x	as long as short
Reya XRPRUSDPERP	+0.0220%	1h	1.5162	−0.080%	$1.3M	$4K	15x	as long as short
RISEx XRP/USDC	+0.0394%	1h	1.5180	+0.036%	$521K	$798K	10x	as long as short
Phoenix XRP	+0.0526%	1h	1.5190	+0.102%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0573%	1h	1.5179	+0.029%	$2K	$16K	10x	as long as short