Spread before costs (cost unknown: a leg has no order-book sample)+0.028%
7d average—if it closes, per $10,000$3funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XRP-PERP | 1.5012 | 0.0104 | pay 0.0013% / 1h | 42m 38s | $72K | $39K | 3x |
| Short | Phemex XRPUSDT | 1.5016 | 0.0100 | get 0.0100% / 8h | 7h 42m | $54.0M | $25.9M | 50x |
Aevo XRP-PERP
Phemex XRPUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.76
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$25.36
- Spread needed to break even
- 0.280%
Slippage unknown: Aevo: no order-book sample; Phemex: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- Average in range /8h
- —
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 2.67 bp | 12.0 bp −$12 | 15.6 bp −$156 | 23.2 bp −$2,317 | doesn't fit |
Aevo: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective1.4090cheapest
Bulk1.4951+6.113%Variational Omni1.4964+6.204%Hibachi1.4968+6.232%ApeX Omni1.4973+6.267%Ondo Perps1.4976+6.288%edgeX1.4979+6.311%Hotstuff1.4980+6.317%Aftermath Perps1.4983+6.338%Phoenix1.4990+6.388%HTX1.5002+6.474%Nado1.5006+6.505%Katana Perps1.5007+6.508%SoDEX1.5007+6.508%Vest1.5009+6.524%Deribit1.5011+6.537%
Injective
Bulk
Variational Omni
Hibachi
ApeX Omni
Ondo Perps
Hotstuff
Phoenix
HTX
Nado
Katana Perps
SoDEX
Vest
DeribitAevo1.5012+6.543%
Kraken Futures1.5013+6.548%BloFin1.5013+6.551%Derive1.5014+6.555%Orderly1.5015+6.565%01 Exchange1.5016+6.572%Gate1.5016+6.572%
Kraken Futures
BloFin
Derive
Orderly
GatePhemex1.5016+6.572%
GMX1.5016+6.575%Bullet1.5017+6.579%SunX1.5017+6.583%gTrade (Gains Network)1.5019+6.591%Extended1.5020+6.598%RISEx1.5020+6.602%Kalshi1.5021+6.608%Polymarket Perps1.5021+6.608%Reya1.5021+6.608%Aster1.5022+6.615%Coinbase International1.5023+6.622%Bitget1.5026+6.643%Backpack1.5027+6.650%OKX1.5029+6.664%Bybit1.5030+6.671%BingX1.5030+6.671%MEXC1.5031+6.678%dYdX1.5032+6.684%Arcus1.5033+6.693%Lighter1.5035+6.707%KuCoin1.5036+6.715%Binance1.5036+6.716%Pacifica1.5036+6.717%Paradex1.5037+6.724%Lighter RH1.5039+6.735%Hyperliquid1.5045+6.778%
GMX
Bullet
SunX
gTrade (Gains Network)
Extended
RISEx
Polymarket Perps
Reya
Aster
Coinbase International
Bitget
Backpack
OKX
Bybit
BingX
MEXC
dYdX
Arcus
Lighter
KuCoin
Binance
Pacifica
Paradex
Lighter RH
HyperliquidXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −6.141% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Bulk XRP-USD | −0.403% | +0.0100% | 1h | $1.6M | $282K | 20x | as long as short |
| Variational Omni XRP | −0.318% | +0.0100% | 8h | $5.3M | $17.7M | — | as long as short |
| Hibachi XRP/USDT-P | −0.292% | +0.0192% | 1h | $19K | $30K | 7x | as long as short |
| ApeX Omni XRPUSDT | −0.259% | +0.0100% | 1h | $1.0M | $816K | 50x | as long as short |
| Ondo Perps XRP-USD.P | −0.239% | +0.0100% | 1h | $559K | $48K | 5x | as long as short |
| edgeX XRPUSDC | −0.217% | +0.0100% | 4h | $681K | $85.9M | 30x | as long as short |
| Hotstuff XRP-PERP | −0.212% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Aftermath Perps XRPUSD | −0.192% | +0.0697% | 1h | $1K | $9K | 10x | as long as short |
| Phoenix XRP | −0.146% | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX XRP-USDT | −0.064% | +0.0100% | 8h | $49.5M | $13.3M | 75x | as long as short |
| Nado XRP-PERP | −0.036% | +0.0100% | 1h | $1.1M | $4.9M | 20x | as long as short |
| Katana Perps XRP-USD | −0.032% | +0.0100% | 8h | $11K | $227K | 20x | as long as short |
| SoDEX XRP-USD | −0.032% | +0.0100% | 1h | $30K | $2.0M | 10x | as long as short |
| Vest XRP-PERP | −0.017% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | −0.006% | 0.0000% | 1h | $8.3M | $19.9M | 50x | as long as short |
| Aevo XRP-PERPlong | 0.000% | +0.0104% | 1h | $72K | $39K | 3x | |
| Kraken Futures PF_XRPUSD | +0.005% | +0.0216% | 1h | $17.4M | $42.3M | 50x | as long as short |
| BloFin XRP-USDT | +0.008% | +0.0220% | 8h | $23.4M | $57.2M | 125x | as long as short |
| Derive XRP-PERP | +0.012% | +0.0100% | 1h | $809K | $67K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.021% | +0.0051% | 8h | $188K | $737K | 50x | as long as short |
| 01 Exchange XRPUSD | +0.028% | +0.0200% | 1h | $8K | $8K | 10x | as long as short |
| Gate XRP_USDT | +0.028% | +0.0100% | 8h | $359.0M | $119.7M | 100x | as long as short |
| Phemex XRPUSDTshort | +0.028% | +0.0100% | 8h | $54.0M | $25.9M | 50x | |
| GMX XRP/USD [ETH-USDC] | +0.030% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| Bullet XRP-USD | +0.034% | +0.0100% | 1h | $42K | $58K | 20x | as long as short |
| SunX XRP-USDT | +0.038% | +0.0100% | 8h | $126K | $1.7M | 30x | as long as short |
| gTrade (Gains Network) XRP/USD | +0.046% | L +0.0003% / S −0.0003% | 1h | $219K | — | 150x | as long as short |
| Extended XRP-USD | +0.052% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| RISEx XRP/USDC | +0.056% | +0.0621% | 1h | $396K | $421K | 10x | as long as short |
| Kalshi KXXRPPERP | +0.061% | +0.0193% | 8h | $1.8M | $33.5M | 2.9x | as long as short |
| Polymarket Perps XRP-USD | +0.061% | +0.0100% | 1h | $62K | $384K | 20x | as long as short |
| Reya XRPRUSDPERP | +0.062% | +0.0206% | 1h | $1.3M | $15K | 15x | as long as short |
| Aster XRPUSDT | +0.068% | +0.0100% | 8h | $38.2M | $65.7M | 100x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.074% | +0.0240% | 1h | $5.5M | $37.1M | 50x | as long as short |
| Bitget XRPUSDT | +0.094% | +0.0100% | 8h | $257.8M | $310.7M | 125x | as long as short |
| Backpack XRP_USDC_PERP | +0.101% | +0.0223% | 1h | $1.7M | $920K | 25x | as long as short |
| OKX XRP-USDT-SWAP | +0.114% | +0.0100% | 8h | $125.9M | $767.4M | 100x | as long as short |
| Bybit XRPUSDT | +0.121% | +0.0100% | 8h | $333.9M | $754.8M | 100x | as long as short |
| BingX XRP-USDT | +0.121% | +0.0100% | 8h | — | $96.7M | — | as long as short |
| MEXC XRP_USDT | +0.127% | +0.0100% | 8h | $296.8M | $733.5M | 300x | as long as short |
| dYdX XRP-USD | +0.133% | 0.0000% | 1h | $1.1M | $103K | 10x | as long as short |
| Arcus XRP-USD | +0.141% | +0.0100% | 1h | $117K | $592K | 20x | as long as short |
| Lighter XRP | +0.154% | +0.0096% | 1h | $2.9M | $9.1M | 20x | as long as short |
| KuCoin XRPUSDTM | +0.161% | +0.0100% | 8h | $113.9M | $137.6M | 75x | as long as short |
| Binance XRPUSDT | +0.163% | +0.0100% | 8h | $530.3M | $1.66B | 100x | as long as short |
| Pacifica XRP | +0.164% | +0.0100% | 1h | $633K | $1.0M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.171% | +0.0100% | 8h | $470K | $54K | 50x | as long as short |
| Lighter RH XRP | +0.181% | +0.0096% | 1h | $578K | $2.0M | 20x | as long as short |
| Hyperliquid XRP | +0.221% | +0.0586% | 1h | $265.4M | $158.4M | 20x | as long as short |