Funding arb · Price arb /

XRP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against Vest−0.026%7-day average — · you buy dearer than you sell

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

Long on Vest Short on KuCoin

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 days—no 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: KuCoin is 0.026% cheaper against Vest than usual: you would sell low and buy high, −$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	Vest XRP-PERP	1.5294	0.0100	pay 0.0013% / 1h	46m 10s	—	$10K	10x
Short	KuCoin XRPUSDTM	1.5290	0.0100	get 0.0100% / 8h	7h 46m	$108.5M	$167.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee VestbpFee KuCoinbpOrdersPrice spread, now −0.026%Rate

Funding earned: $0
Price spread: −0.026% → 0.000%: −$2.62
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$16.62
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago	0.13 bp	9.3 bp −$9	12.5 bp −$125	29.0 bp −$2,896	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
Hotstuff XRP-PERP	−0.0080%	1h	1.5312	+0.115%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5308	+0.086%	$1.1M	$113K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5283	−0.077%	$256K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0010% / S +0.0085%	1h	1.5281	−0.089%	$838K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.737%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0062%	8h	1.5285	−0.062%	$75K	$909K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0077%	1h	1.5287	−0.048%	$9.3M	$25.4M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5288	−0.045%	$2.8M	$13.8M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5291	−0.022%	$511K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5304	+0.063%	$11K	$275K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XRP-USD-PERP	+0.0100%	8h	1.5309	+0.096%	$477K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5294	+0.001%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5284	−0.069%	$38.7M	$83.7M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5312	+0.115%	$619K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5289	−0.035%	$537.2M	$2.07B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5291	−0.022%	$340.3M	$927.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5289	−0.035%	$124.6M	$875.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5292	−0.016%	$569K	$48K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5306	+0.076%	$117K	$710K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5306	+0.073%	$1.6M	$562K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5282	−0.081%	$371.7M	$148.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5290	−0.029%	$295.2M	$895.9M	300x	as long as short
KuCoin XRPUSDTMshort	+0.0100%	8h	1.5290	−0.026%	$108.5M	$167.1M	75x
Bitget XRPUSDT	+0.0100%	8h	1.5287	−0.048%	$267.5M	$376.5M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5290	−0.029%	—	$123.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5300	+0.037%	$6.4M	$35.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5308	+0.086%	$665K	$107.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5305	+0.072%	$1.1M	$39.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5310	+0.102%	$1.0M	$902K	50x	as long as short
Vest XRP-PERPlong	+0.0100%	1h	1.5294	long leg	—	$10K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5294	−0.003%	$48K	$443K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5282	−0.081%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5286	−0.053%	$823K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5312	+0.113%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5286	−0.055%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5279	−0.099%	$50.1M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5288	−0.042%	$54.4M	$29.7M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5283	−0.072%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5285	−0.064%	$59K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0112%	1h	1.5301	+0.043%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5284	−0.066%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5311	+0.108%	$24.0M	$74.4M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5292	−0.016%	$5.8M	$46.3M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0242%	1h	1.5295	+0.004%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0244%	1h	1.5284	−0.069%	$14.5M	$70.6M	50x	as long as short
Hibachi XRP/USDT-P	+0.0296%	1h	1.5308	+0.090%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0314%	8h	1.5307	+0.082%	$2.0M	$35.2M	2.9x	as long as short
Hyperliquid XRP	+0.0409%	1h	1.5307	+0.082%	$290.0M	$216.1M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5320	+0.167%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0801%	1h	1.5327	+0.210%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5304	+0.063%	$506K	$755K	10x	as long as short