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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0122%/8h= +13.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.033%
Price spread now: Reya against Vest−0.121%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 4 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 · Reya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.121% cheaper against Vest than usual: you would sell low and buy high (spread −0.121% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 3.3 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest XRP-PERP1.53350.0100pay 0.0013% / 1h53m 54s$15K10x
ShortReya XRPRUSDPERP1.53170.0222get 0.0028% / 1h53m 54s$1.4M$4K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$25.56
Price spread: −0.121% → 0.000%
−$12.05
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Reya: 3 bp × 2 orders
−$6
Net
$5.5
Costs to cover
0.080%
Break-even
5.5 days
Slippage unknown: Vest: no order-book sample; Reya: 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 Reya no order-book sample
Vest and Reya: 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 50 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%1h1.5321−0.092%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5300−0.230%$1.1M$155K10xas long as short
Phoenix XRP0.0000%1h1.5430+0.619%$69K$109K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5325−0.066%$7.9M$22.2M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5479+0.936%$251K150xas long as short
Kraken Futures PF_XRPUSD+0.0016%1h1.5335+0.002%$14.0M$73.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.467%$2K$107K30xas long as short
Hibachi XRP/USDT-P+0.0072%1h1.5351+0.102%$17K$78K7xas long as short
01 Exchange XRPUSD+0.0088%1h1.5320−0.099%$9K$2K10xas long as short
Lighter XRP+0.0096%1h1.5339+0.025%$2.8M$14.4M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5343+0.051%$616K$3.1M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5318−0.112%$16K$378K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5319−0.106%$478K$51K50xas long as short
Nado XRP-PERP+0.0100%1h1.5318−0.108%$987K$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5324−0.074%$39.1M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5303−0.208%$605K$1.0M20xas long as short
Binance XRPUSDT+0.0100%8h1.5314−0.135%$532.7M$2.13B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5299−0.235%$355.3M$910.8M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5296−0.255%$124.3M$849.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5434+0.645%$567K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5325−0.066%$166K$705K20xas long as short
Bulk XRP-USD+0.0100%1h1.5425+0.583%$1.6M$13K20xas long as short
Gate XRP_USDT+0.0100%8h1.5336+0.006%$383.3M$156.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5338+0.019%$303.7M$897.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5336+0.005%$107.9M$180.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5294−0.268%$270.3M$363.2M125xas long as short
BingX XRP-USDC+0.0100%8h1.5307−0.183%$4.2Mas long as short
Backpack XRP_USDC_PERP+0.0100%1h1.5347+0.078%$2.0M$1.3M25xas long as short
Variational Omni XRP+0.0100%8h1.5429+0.615%$4.9M$38.2Mas long as short
edgeX XRPUSDC+0.0100%4h1.5432+0.633%$672K$113.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5452+0.765%$1.1M$32.1M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5438+0.671%$1.2M$1.2M50xas long as short
Vest XRP-PERPlong+0.0100%1h1.5335long leg$15K10x
Polymarket Perps XRP-USD+0.0100%1h1.5323−0.079%$52K$480K20xas long as short
Bullet XRP-USD+0.0100%1h1.5326−0.059%$41K$66K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5324−0.072%$69K$633K50xas long as short
SunX XRP-USDT+0.0100%8h1.5342+0.044%$128K$1.6M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5323−0.079%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5319−0.104%$50.0M$14.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5343+0.051%$54.6M$33.4M50xas long as short
Extended XRP-USD+0.0104%1h1.5333−0.014%$2.1M$5.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5368+0.214%$59K$25K3xas long as short
Coinbase International XRP-PERP-INTX+0.0120%1h1.5335−0.001%$5.4M$46.4M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0145% / S −0.0113%1h1.5348+0.081%$822K200xas long as short
Hyperliquid XRP+0.0167%1h1.5353+0.117%$294.6M$268.1M20xas long as short
Kalshi KXXRPPERP+0.0169%8h1.5328−0.046%$1.7M$33.0M2.9xas long as short
BloFin XRP-USDT+0.0220%8h1.5343+0.051%$23.8M$79.0M125xas long as short
Reya XRPRUSDPERPshort+0.0222%1h1.5317−0.121%$1.4M$4K15x
RISEx XRP/USDC+0.0272%1h1.5327−0.055%$512K$795K10xas long as short
Aftermath Perps XRPUSD+0.0499%1h1.5423+0.576%$3K$15K10xas long as short