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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.09 per $10,000 · paid last 24h +0.031%
Price spread now: Coinbase International against Vest−0.107%46s7-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 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 · farm boardneeds both histories
Funding pays, the price is against you. Coinbase International is 0.107% cheaper against Vest than usual: you would sell low and buy high (spread −0.107% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 4.7 days of funding at the current rate (+$2 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest XRP-PERP1.51920.0100pay 0.0013% / 1h10m 25s$15K10x
ShortCoinbase International XRP-PERP-INTX1.51760.0176get 0.0022% / 1h10m 25s$5.6M$48.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$15.96
Price spread: −0.107% → 0.000%
−$10.71
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$6.75
Costs to cover
0.120%
Break-even
10.0 days
Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 4 min ago. 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 Coinbase International live order book, 4 min ago0.33 bp8.4 bp −$811.3 bp −$11327.3 bp −$2,730doesn't fit
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%1h1.5184−0.054%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5175−0.112%$1.1M$148K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5191−0.010%$247K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.421%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5193+0.006%$14.6M$73.6M50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0079%1h1.5198+0.038%$7.7M$24.0M50xas long as short
Lighter XRP+0.0096%1h1.5181−0.071%$2.8M$15.2M20xas long as short
Lighter RH XRP+0.0096%1h1.5184−0.054%$605K$3.2M20xas long as short
Hibachi XRP/USDT-P+0.0096%1h1.5177−0.101%$17K$78K7xas long as short
Katana Perps XRP-USD+0.0099%8h1.5181−0.074%$20K$382K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5187−0.031%$1.0M$6.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5195+0.018%$38.6M$86.1M100xas long as short
Pacifica XRP+0.0100%1h1.5183−0.058%$611K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5196+0.024%$530.1M$2.21B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5188−0.028%$350.1M$949.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5190−0.015%$127.4M$864.3M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5172−0.133%$564K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5193+0.005%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5178−0.094%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5192−0.002%$378.2M$162.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5196+0.025%$311.1M$929.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5186−0.043%$106.7M$183.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5191−0.008%$269.1M$388.8M125xas long as short
BingX XRP-USDC+0.0100%8h1.5193+0.005%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5163−0.195%$4.8M$38.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5151−0.271%$658K$113.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5180−0.082%$1.1M$34.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5182−0.068%$1.2M$1.2M50xas long as short
Vest XRP-PERPlong+0.0100%1h1.5192long leg$15K10x
Polymarket Perps XRP-USD+0.0100%1h1.5199+0.044%$52K$514K20xas long as short
Bullet XRP-USD+0.0100%1h1.51920.000%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5195+0.018%$77K$689K50xas long as short
Derive XRP-PERP+0.0100%1h1.5175−0.114%$816K$76K10xas long as short
SunX XRP-USDT+0.0100%8h1.5178−0.092%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5193+0.005%$30K$1.5M10xas long as short
HTX XRP-USDT+0.0100%8h1.5163−0.193%$49.5M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5168−0.160%$54.1M$32.7M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5184−0.056%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5187−0.036%$2.1M$6.9M50xas long as short
01 Exchange XRPUSD+0.0104%1h1.5192−0.002%$8K$2K10xas long as short
Aevo XRP-PERP+0.0104%1h1.5192−0.002%$58K$25K3xas long as short
GMX XRP/USD [ETH-USDC]L +0.0108% / S −0.0072%1h1.5191−0.011%$774K200xas long as short
Hyperliquid XRP+0.0143%1h1.5210+0.117%$290.3M$268.5M20xas long as short
Kalshi KXXRPPERP+0.0167%8h1.5171−0.140%$1.8M$33.8M2.9xas long as short
Backpack XRP_USDC_PERP+0.0175%1h1.5183−0.061%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTXshort+0.0176%1h1.5176−0.107%$5.6M$48.0M50x
BloFin XRP-USDT+0.0220%8h1.5172−0.133%$23.6M$77.6M125xas long as short
Reya XRPRUSDPERP+0.0220%1h1.5196+0.023%$1.3M$4K15xas long as short
RISEx XRP/USDC+0.0394%1h1.5193+0.003%$521K$798K10xas long as short
Phoenix XRP+0.0526%1h1.5180−0.081%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0584%1h1.5172−0.131%$2K$16K10xas long as short