Funding arb · Price arb /

XRP

all XRP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Polymarket Perps against Vest+0.005%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Polymarket Perps

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest XRP-PERP	1.5499	0.0100	pay 0.0013% / 1h	38m 50s	—	$10K	10x
Short	Polymarket Perps XRP-USD	1.5500	0.0100	get 0.0013% / 1h	38m 50s	$48K	$454K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket 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

Position, each leg$Hold fordaysFee VestbpFee Polymarket PerpsbpOrdersPrice spread, now +0.005%Rate

Funding earned: $0
Price spread: +0.005% → 0.000%: $0.54
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$9.46
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Polymarket Perps: live order book, 39 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 Polymarket Perps live order book, 39 min ago	2.25 bp	8.1 bp −$8	10.4 bp −$104	doesn't fit	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	1.5501	+0.012%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5497	−0.013%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5550	+0.328%	$69K	$90K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5489	−0.064%	$259K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0007% / S +0.0103%	1h	1.5487	−0.077%	$852K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0008%	1h	1.5490	−0.059%	$9.6M	$25.4M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0032%	1h	1.5484	−0.097%	$15.5M	$68.8M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0057%	8h	1.5491	−0.053%	$76K	$909K	50x	as long as short
Injective XRP/USDC PERP	+0.0089%	1h	1.5560	+0.392%	$2K	$107K	30x	as long as short
Lighter XRP	+0.0096%	1h	1.5482	−0.111%	$3.0M	$12.6M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5488	−0.072%	$441K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5507	+0.054%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5474	−0.160%	$39.4M	$80.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5499	−0.001%	$638K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5483	−0.107%	$554.5M	$2.02B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5484	−0.098%	$346.9M	$918.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5488	−0.072%	$126.7M	$885.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5546	+0.302%	$578K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5499	−0.001%	$116K	$754K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5506	+0.043%	$1.7M	$573K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5478	−0.137%	$372.6M	$144.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5479	−0.130%	$294.7M	$873.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5477	−0.140%	$112.8M	$163.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5475	−0.156%	$270.4M	$371.9M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5474	−0.162%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5522	+0.144%	$11.6M	$30.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5529	+0.190%	$674K	$103.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5516	+0.111%	$1.1M	$40.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5524	+0.160%	$1.0M	$899K	50x	as long as short
Vest XRP-PERPlong	+0.0100%	1h	1.5499	long leg	—	$10K	10x
Polymarket Perps XRP-USDshort	+0.0100%	1h	1.5500	+0.005%	$48K	$454K	20x
Bullet XRP-USD	+0.0100%	1h	1.5490	−0.056%	$42K	$67K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5492	−0.043%	$834K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5495	−0.024%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5486	−0.085%	$32K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5490	−0.060%	$50.8M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5482	−0.111%	$55.1M	$29.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5493	−0.037%	$483K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5501	+0.012%	$12K	$268K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5474	−0.163%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5490	−0.057%	$72K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5501	+0.012%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5494	−0.035%	$1.4M	$8K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5488	−0.072%	$24.5M	$74.3M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5493	−0.040%	$5.9M	$47.4M	50x	as long as short
Hibachi XRP/USDT-P	+0.0256%	1h	1.5527	+0.180%	$18K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0311%	8h	1.5508	+0.057%	$2.0M	$34.1M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0323%	1h	1.5492	−0.046%	$1.7M	$1.0M	25x	as long as short
Hyperliquid XRP	+0.0600%	1h	1.5499	−0.001%	$294.5M	$209.5M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5508	+0.058%	$504K	$632K	10x	as long as short
Aftermath Perps XRPUSD	+0.0794%	1h	1.5552	+0.341%	$1K	$11K	10x	as long as short