Funding you earn now, next payment 09:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.11 per $10,000 · paid last 24h +0.090%
Price spread now: Hyperliquid against Vest+0.064%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropVest: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.064% dearer against Vest than usual: you sell high and buy low: +$6 more if the spread 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 | Vest XRP-PERP | 1.5172 | 0.0100 | pay 0.0013% / 1h | 32m 40s | — | $15K | 10x |
| Short | Hyperliquid XRP | 1.5182 | 0.0185 | get 0.0023% / 1h | 32m 40s | $290.2M | $267.9M | 20x |
Vest XRP-PERP
Hyperliquid XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $17.83
- Price spread: +0.064% → 0.000%
- $6.39
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $13.22
- Costs to cover
- 0.110%
- Break-even
- 1.8 days
Slippage unknown: Vest: no order-book sample; Hyperliquid: live order book, 11 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 11 min ago | 0.33 bp | 4.8 bp −$5 | 6.5 bp −$65 | 11.1 bp −$1,114 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XRPUSD | −0.0172% | 1h | 1.5172 | −0.005% | $14.7M | $74.5M | 50x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5155 | −0.114% | $5K | $3K | 20x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | −0.015% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5168 | −0.027% | $246K | — | 150x | as long as short |
| dYdX XRP-USD | +0.0011% | 1h | 1.5167 | −0.035% | $1.1M | $154K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5173 | +0.005% | $7.7M | $23.7M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.555% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0072% | 1h | 1.5197 | +0.163% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5168 | −0.030% | $2.8M | $14.6M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5172 | −0.002% | $618K | $3.1M | 20x | as long as short |
Kraken Futures PF_XRPUSD
Hotstuff XRP-PERP
Phoenix XRP
gTrade (Gains Network) XRP/USD
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5152 | −0.134% | $20K | $381K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5156 | −0.104% | $991K | $6.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5167 | −0.035% | $38.4M | $84.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5158 | −0.094% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5165 | −0.047% | $528.6M | $2.17B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5159 | −0.088% | $353.5M | $939.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5161 | −0.075% | $126.3M | $848.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5175 | +0.018% | $566K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5160 | −0.081% | $143K | $708K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5201 | +0.189% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5167 | −0.035% | $373.6M | $153.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5169 | −0.022% | $312.4M | $916.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5168 | −0.029% | $105.9M | $183.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5169 | −0.022% | $268.2M | $381.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5168 | −0.028% | — | $108.5M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5200 | +0.182% | $4.8M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5198 | +0.169% | $660K | $112.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5198 | +0.169% | $1.1M | $33.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5222 | +0.328% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERPlong | +0.0100% | 1h | 1.5172 | long leg | — | $15K | 10x | |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5162 | −0.068% | $52K | $510K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5163 | −0.059% | $41K | $68K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5164 | −0.055% | $77K | $648K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5208 | +0.233% | $818K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5162 | −0.069% | $127K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5167 | −0.035% | $29K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5173 | +0.005% | $49.5M | $15.0M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5173 | +0.005% | $54.1M | $32.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5160 | −0.081% | $473K | $54K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5166 | −0.045% | $2.1M | $6.7M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5167 | −0.037% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0112% | 1h | 1.5155 | −0.114% | $8K | $2K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0118% / S −0.0084% | 1h | 1.5157 | −0.101% | $786K | — | 200x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5168 | −0.028% | $5.3M | $47.7M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0171% | 8h | 1.5167 | −0.035% | $1.7M | $33.2M | 2.9x | as long as short |
| Hyperliquid XRPshort | +0.0185% | 1h | 1.5182 | +0.064% | $290.2M | $267.9M | 20x | |
| Backpack XRP_USDC_PERP | +0.0214% | 1h | 1.5176 | +0.024% | $2.0M | $1.3M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5170 | −0.015% | $23.7M | $77.5M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5186 | +0.092% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0337% | 1h | 1.5159 | −0.089% | $519K | $788K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0555% | 1h | 1.5198 | +0.171% | $2K | $16K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
GMX XRP/USD [ETH-USDC]
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD