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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Ondo Perps against Vest+0.175%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 · Ondo Perps: 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: Ondo Perps is 0.175% dearer against Vest than usual: you sell high and buy low, +$18 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest XRP-PERP1.50850.0100pay 0.0013% / 1h44m 15s$11K10x
ShortOndo Perps XRP-USD.P1.51110.0100get 0.0013% / 1h44m 15s$562K$27K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$0.02
Price spread: +0.175% → 0.000%
$17.55
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$10.53
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Ondo Perps: 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 Vest no order-book sample
Sell Ondo Perps no order-book sample
Vest and Ondo Perps: 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%1h1.5081−0.023%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5078−0.043%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.5092+0.048%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5110+0.169%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5084−0.004%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5080−0.029%$257K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.152%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5083−0.010%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5079−0.036%$791K200xas long as short
Lighter XRP+0.0096%1h1.5090+0.037%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5090+0.036%$496K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5079−0.037%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5093+0.059%$933K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5095+0.069%$290.3M$258.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5078−0.042%$38.6M$86.5M100xas long as short
Pacifica XRP+0.0100%1h1.5092+0.050%$605K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5082−0.017%$530.6M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5085+0.003%$341.2M$951.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5084−0.004%$125.2M$887.7M100xas long as short
Ondo Perps XRP-USD.Pshort+0.0100%1h1.5111+0.175%$562K$27K5x
Arcus XRP-USD+0.0100%1h1.5086+0.010%$137K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5114+0.195%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.5080−0.030%$371.1M$155.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5082−0.017%$294.3M$906.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5084−0.002%$107.5M$179.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5079−0.037%$267.4M$393.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5079−0.037%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5084−0.004%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5099+0.099%$656K$111.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5088+0.025%$1.1M$37.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5107+0.149%$1.2M$1.1M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5088+0.023%$50K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5078−0.043%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5081−0.023%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5079−0.035%$811K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5087+0.013%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5078−0.043%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5075−0.060%$49.3M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5082−0.017%$53.7M$31.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5088+0.024%$470K$55K50xas long as short
Vest XRP-PERPlong+0.0100%1h1.5085long leg$11K10x
Extended XRP-USD+0.0104%1h1.5077−0.047%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5080−0.030%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0136%8h1.5094+0.063%$1.8M$35.6M2.9xas long as short
Backpack XRP_USDC_PERP+0.0180%1h1.5088+0.023%$2.0M$1.4M25xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5085+0.003%$5.6M$48.2M50xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5080−0.030%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5089+0.030%$24.1M$75.8M125xas long as short
Hibachi XRP/USDT-P+0.0232%1h1.5088+0.025%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5085+0.005%$514K$777K10xas long as short
Aftermath Perps XRPUSD+0.0618%1h1.5102+0.116%$2K$15K10xas long as short