Spread before costs (cost unknown: a leg has no order-book sample)+0.078%
7d average—if it closes, per $10,000$8funding while held, a day+$2.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XRPUSDT | 1.5002 | 0.0100 | pay 0.0100% / 8h | 7h 42m | $38.2M | $65.7M | 100x |
| Short | Hibachi XRP/USDT-P | 1.5013 | 0.0184 | get 0.0023% / 1h | 42m 03s | $19K | $30K | 7x |
Aster XRPUSDT
Hibachi XRP/USDT-PPrice 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
- $7.77
- Funding while held
- $2.52
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$6.71
- Spread needed to break even
- 0.170%
Slippage unknown: Aster: live order book, 4 min ago; Hibachi: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0084%
- Per $10,000 a day
- +$2.52
- 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 Aster live order book, 4 min ago | 0.33 bp | 5.2 bp −$5 | 6.4 bp −$64 | 17.3 bp −$1,733 | doesn't fit |
| Sell Hibachi no order-book sample | — | — | — | — | — |
Hibachi: 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%ApeX Omni1.4973+6.267%Ondo Perps1.4976+6.288%edgeX1.4979+6.311%HTX1.4984+6.342%Aftermath Perps1.4989+6.380%Phoenix1.4990+6.388%MEXC1.4998+6.444%BingX1.5000+6.458%SoDEX1.5000+6.458%Gate1.5001+6.466%Phemex1.5001+6.466%
Injective
Bulk
Variational Omni
ApeX Omni
Ondo Perps
HTX
Phoenix
MEXC
BingX
SoDEX
Gate
PhemexAster1.5002+6.471%
Bybit1.5002+6.473%Extended1.5002+6.475%Lighter1.5003+6.480%OKX1.5003+6.480%Bitget1.5003+6.480%Aevo1.5003+6.480%Kraken Futures1.5004+6.484%Binance1.5004+6.484%Lighter RH1.5004+6.487%Deribit1.5005+6.494%Nado1.5006+6.505%Orderly1.5007+6.508%KuCoin1.5008+6.514%Backpack1.5008+6.515%Coinbase International1.5009+6.522%GMX1.5011+6.533%gTrade (Gains Network)1.5011+6.537%BloFin1.5013+6.551%
Bybit
Extended
Lighter
OKX
Bitget
Aevo
Kraken Futures
Binance
Lighter RH
Deribit
Nado
Orderly
KuCoin
Backpack
Coinbase International
GMX
gTrade (Gains Network)
BloFinHibachi1.5013+6.553%
Derive1.5014+6.555%SunX1.5014+6.561%Bullet1.5016+6.572%Hyperliquid1.5017+6.580%Vest1.5019+6.592%Kalshi1.5019+6.593%Reya1.5020+6.597%Katana Perps1.5028+6.657%dYdX1.5032+6.684%Arcus1.5033+6.693%Hotstuff1.5034+6.700%Polymarket Perps1.5036+6.714%Pacifica1.5036+6.717%Paradex1.5037+6.724%RISEx1.5041+6.753%01 Exchange1.5043+6.764%
Derive
SunX
Bullet
Hyperliquid
Vest
Reya
Katana Perps
dYdX
Arcus
Hotstuff
Polymarket Perps
Pacifica
Paradex
RISExXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −6.077% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Bulk XRP-USD | −0.336% | +0.0100% | 1h | $1.6M | $282K | 20x | as long as short |
| Variational Omni XRP | −0.251% | +0.0100% | 8h | $5.3M | $17.7M | — | as long as short |
| ApeX Omni XRPUSDT | −0.191% | +0.0100% | 1h | $1.0M | $816K | 50x | as long as short |
| Ondo Perps XRP-USD.P | −0.171% | +0.0100% | 1h | $559K | $48K | 5x | as long as short |
| edgeX XRPUSDC | −0.150% | +0.0100% | 4h | $681K | $85.9M | 30x | as long as short |
| HTX XRP-USDT | −0.121% | +0.0100% | 8h | $49.5M | $13.4M | 75x | as long as short |
| Aftermath Perps XRPUSD | −0.085% | +0.0682% | 1h | $1K | $9K | 10x | as long as short |
| Phoenix XRP | −0.078% | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
| MEXC XRP_USDT | −0.025% | +0.0100% | 8h | $295.7M | $734.5M | 300x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX XRP-USDT | −0.012% | +0.0100% | 8h | — | $96.7M | — | as long as short |
| SoDEX XRP-USD | −0.012% | +0.0100% | 1h | $30K | $2.0M | 10x | as long as short |
| Gate XRP_USDT | −0.005% | +0.0100% | 8h | $358.7M | $119.8M | 100x | as long as short |
| Phemex XRPUSDT | −0.005% | +0.0100% | 8h | $53.9M | $25.9M | 50x | as long as short |
| Aster XRPUSDTlong | 0.000% | +0.0100% | 8h | $38.2M | $65.7M | 100x | |
| Bybit XRPUSDT | +0.002% | +0.0100% | 8h | $333.6M | $754.4M | 100x | as long as short |
| Extended XRP-USD | +0.004% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| Lighter XRP | +0.008% | +0.0096% | 1h | $2.9M | $9.1M | 20x | as long as short |
| OKX XRP-USDT-SWAP | +0.008% | +0.0100% | 8h | $125.6M | $766.4M | 100x | as long as short |
| Bitget XRPUSDT | +0.008% | +0.0100% | 8h | $257.7M | $310.6M | 125x | as long as short |
| Aevo XRP-PERP | +0.008% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| Kraken Futures PF_XRPUSD | +0.012% | +0.0216% | 1h | $17.4M | $42.3M | 50x | as long as short |
| Binance XRPUSDT | +0.013% | +0.0100% | 8h | $529.2M | $1.66B | 100x | as long as short |
| Lighter RH XRP | +0.015% | +0.0096% | 1h | $577K | $2.0M | 20x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.022% | 0.0000% | 1h | $8.3M | $19.9M | 50x | as long as short |
| Nado XRP-PERP | +0.032% | +0.0100% | 1h | $1.1M | $4.9M | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.035% | +0.0050% | 8h | $188K | $737K | 50x | as long as short |
| KuCoin XRPUSDTM | +0.040% | +0.0100% | 8h | $113.7M | $137.5M | 75x | as long as short |
| Backpack XRP_USDC_PERP | +0.042% | +0.0233% | 1h | $1.7M | $920K | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.048% | +0.0240% | 1h | $5.5M | $37.1M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | +0.059% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| gTrade (Gains Network) XRP/USD | +0.062% | L +0.0003% / S −0.0003% | 1h | $219K | — | 150x | as long as short |
| BloFin XRP-USDT | +0.075% | +0.0220% | 8h | $23.4M | $57.2M | 125x | as long as short |
| Hibachi XRP/USDT-Pshort | +0.078% | +0.0184% | 1h | $19K | $30K | 7x | |
| Derive XRP-PERP | +0.079% | +0.0100% | 1h | $809K | $67K | 10x | as long as short |
| SunX XRP-USDT | +0.084% | +0.0100% | 8h | $126K | $1.7M | 30x | as long as short |
| Bullet XRP-USD | +0.095% | +0.0100% | 1h | $42K | $58K | 20x | as long as short |
| Hyperliquid XRP | +0.103% | +0.0578% | 1h | $264.9M | $158.4M | 20x | as long as short |
| Vest XRP-PERP | +0.114% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| Kalshi KXXRPPERP | +0.115% | +0.0195% | 8h | $1.8M | $33.5M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.118% | +0.0206% | 1h | $1.3M | $15K | 15x | as long as short |
| Katana Perps XRP-USD | +0.175% | +0.0100% | 8h | $11K | $227K | 20x | as long as short |
| dYdX XRP-USD | +0.200% | 0.0000% | 1h | $1.1M | $103K | 10x | as long as short |
| Arcus XRP-USD | +0.208% | +0.0100% | 1h | $117K | $592K | 20x | as long as short |
| Hotstuff XRP-PERP | +0.215% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Polymarket Perps XRP-USD | +0.228% | +0.0100% | 1h | $62K | $384K | 20x | as long as short |
| Pacifica XRP | +0.232% | +0.0100% | 1h | $633K | $1.0M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.238% | +0.0100% | 8h | $470K | $54K | 50x | as long as short |
| RISEx XRP/USDC | +0.265% | +0.0621% | 1h | $397K | $421K | 10x | as long as short |
| 01 Exchange XRPUSD | +0.275% | +0.0200% | 1h | $8K | $8K | 10x | as long as short |