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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Vest against Orderly+0.078%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 airdropVest: 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 0.078% dearer against Orderly than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XRP_USDC1.51490.0100pay 0.0100% / 8h1h 44m$65K$810K50x
ShortVest XRP-PERP1.51610.0100get 0.0013% / 1h44m 08s$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Orderly. 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
$0
Price spread: +0.078% → 0.000%
$7.78
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
−$0.22
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Orderly: 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 Orderly no order-book sample
Sell Vest no order-book sample
Orderly 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-PERP−0.0080%1h1.5125−0.158%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5174+0.165%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5130−0.125%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5160+0.072%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.51490.000%$14.5M$75.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.713%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0072%1h1.5176+0.178%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5154+0.033%$7.7M$25.0M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0080% / S −0.0028%1h1.5159+0.067%$799K200xas long as short
Lighter XRP+0.0096%1h1.5150+0.008%$2.8M$15.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5151+0.013%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5165+0.106%$13K$368K20xas long as short
Nado XRP-PERP+0.0100%1h1.5162+0.089%$988K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5148−0.007%$38.4M$87.6M100xas long as short
Pacifica XRP+0.0100%1h1.5173+0.157%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5148−0.007%$530.0M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5144−0.033%$345.6M$969.2M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5145−0.026%$127.3M$891.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5161+0.079%$563K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5176+0.178%$143K$723K20xas long as short
Bulk XRP-USD+0.0100%1h1.5129−0.133%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5145−0.026%$372.8M$159.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5150+0.007%$297.7M$920.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5151+0.012%$107.3M$181.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5144−0.033%$267.2M$400.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5145−0.026%$106.5Mas long as short
Variational Omni XRP+0.0100%8h1.5118−0.206%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5138−0.071%$658K$114.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5133−0.106%$1.1M$36.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5143−0.040%$1.2M$1.2M50xas long as short
Vest XRP-PERPshort+0.0100%1h1.5161+0.078%$15K10x
Polymarket Perps XRP-USD+0.0100%1h1.5163+0.092%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5163+0.095%$41K$70K20xas long as short
Orderly PERP_XRP_USDClong+0.0100%8h1.5149long leg$65K$810K50x
Derive XRP-PERP+0.0100%1h1.5151+0.013%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5152+0.021%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5148−0.007%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5155+0.040%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5152+0.020%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5176+0.181%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5147−0.012%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5151+0.010%$58K$25K3xas long as short
Hyperliquid XRP+0.0160%1h1.5158+0.059%$288.6M$264.8M20xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5171+0.146%$17K$79K7xas long as short
Backpack XRP_USDC_PERP+0.0161%1h1.5153+0.026%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5155+0.040%$5.7M$48.3M50xas long as short
Kalshi KXXRPPERP+0.0218%8h1.5153+0.026%$1.7M$35.3M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5158+0.061%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5172+0.152%$23.5M$78.1M125xas long as short
RISEx XRP/USDC+0.0316%1h1.5175+0.174%$523K$797K10xas long as short
Aftermath Perps XRPUSD+0.0553%1h1.5154+0.034%$2K$16K10xas long as short