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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Vest−0.030%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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.030% cheaper against Vest than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest XRP-PERP1.52080.0100pay 0.0013% / 1h42m 55s$11K10x
ShortdYdX XRP-USD1.52030get 0.0000% / 1h42m 55s$1.1M$111K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: −0.030% → 0.000%
−$2.98
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$35.98
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; dYdX: live order book, 1 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 dYdX live order book, 1 min ago18.75 bp23.8 bp −$2423.8 bp −$23830.1 bp −$3,01478.3 bp −$39.2K
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%1h1.5204−0.024%$5K$3K20xas long as short
dYdX XRP-USDshort0.0000%1h1.5203−0.030%$1.1M$111K10x
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5198−0.064%$262K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5204−0.024%$7.8M$25.6M50xas long as short
Kraken Futures PF_XRPUSD+0.0021%1h1.5201−0.044%$14.4M$74.2M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.317%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0051% / S +0.0014%1h1.5200−0.049%$780K200xas long as short
Lighter XRP+0.0096%1h1.5207−0.002%$2.9M$14.6M20xas long as short
Lighter RH XRP+0.0096%1h1.5208+0.002%$498K$3.3M20xas long as short
Katana Perps XRP-USD+0.0098%8h1.5206−0.011%$12K$343K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_XRP_USDC+0.0099%8h1.5197−0.070%$62K$934K50xas long as short
Nado XRP-PERP+0.0100%1h1.5208+0.006%$1.0M$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5195−0.083%$38.3M$84.5M100xas long as short
Pacifica XRP+0.0100%1h1.5208+0.002%$610K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5185−0.149%$533.5M$2.14B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5188−0.129%$346.1M$941.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5188−0.129%$127.2M$887.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5193−0.096%$566K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5210+0.015%$118K$688K20xas long as short
Bulk XRP-USD+0.0100%1h1.5203−0.030%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5185−0.149%$371.0M$154.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5188−0.129%$292.8M$899.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5192−0.106%$109.0M$176.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5180−0.182%$268.8M$388.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5187−0.136%$127.4Mas long as short
Variational Omni XRP+0.0100%8h1.5202−0.038%$4.9M$38.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5212+0.030%$661K$109.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5201−0.044%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5199−0.057%$1.2M$1.1M50xas long as short
Vest XRP-PERPlong+0.0100%1h1.5208long leg$11K10x
Polymarket Perps XRP-USD+0.0100%1h1.5210+0.015%$45K$476K20xas long as short
Bullet XRP-USD+0.0100%1h1.5204−0.022%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5204−0.027%$818K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5211+0.024%$128K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5203−0.031%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5201−0.042%$49.7M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5203−0.031%$54.2M$31.1M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5207−0.006%$474K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5186−0.140%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5200−0.052%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0168%1h1.5209+0.009%$9K$8K10xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5209+0.009%$5.6M$47.6M50xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5207−0.003%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5206−0.011%$24.1M$76.1M125xas long as short
Hibachi XRP/USDT-P+0.0256%1h1.5206−0.012%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0296%8h1.5210+0.015%$2.0M$35.1M2.9xas long as short
Backpack XRP_USDC_PERP+0.0296%1h1.5215+0.048%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0312%1h1.5201−0.045%$292.8M$234.9M20xas long as short
RISEx XRP/USDC+0.0358%1h1.5209+0.012%$518K$774K10xas long as short
Phoenix XRP+0.0528%1h1.5210+0.015%$68K$110K15xas long as short
Aftermath Perps XRPUSD+0.0664%1h1.5212+0.031%$2K$15K10xas long as short