data as of
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Price arb /

XRP

all XRP markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$2
spread now+0.077%7d average−0.114%fees + slippage, in and out−$21spread needed0.214%
Long on BinanceShort on Backpack
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XRPUSDT1.50500.0100pay 0.0100% / 8h5h 40m$539.2M$1.70B100x
ShortBackpack XRP_USDC_PERP1.50620.0168get 0.0021% / 1h40m 47s$1.7M$891K25x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$7.67
Funding while held
$2.04
Slippage, 4 orders
−$1.38
Fee Binance: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$11.66
Spread needed to break even
0.214%
Slippage from Binance: live order book, 5 min ago; Backpack: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
+0.0068%
Per $10,000 a day
+$2.04
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago0.33 bp5.3 bp −$56.0 bp −$608.6 bp −$85722.8 bp −$11.4K
Sell Backpack live order book, 5 min ago0.33 bp5.3 bp −$56.8 bp −$68doesn't fitdoesn't fit

XRP price on every exchange

against the cheapest. Click to use as the short leg.
Injective1.4090cheapest
HTX1.5041+6.752%Derive1.5043+6.763%Gate1.5044+6.771%GMX1.5044+6.774%Bybit1.5045+6.778%OKX1.5045+6.778%Reya1.5045+6.780%gTrade (Gains Network)1.5046+6.781%Orderly1.5046+6.785%BloFin1.5046+6.785%Bitget1.5047+6.792%Bullet1.5047+6.792%SoDEX1.5047+6.792%Deribit1.5048+6.799%Phemex1.5048+6.799%Aevo1.5049+6.805%MEXC1.5049+6.806%BingX1.5049+6.806%Lighter1.5049+6.807%Kraken Futures1.5050+6.812%Extended1.5050+6.814%
Binance1.5050+6.817%
Lighter RH1.5051+6.820%SunX1.5052+6.828%Coinbase International1.5053+6.835%Nado1.5055+6.852%Aster1.5056+6.853%Polymarket Perps1.5056+6.856%dYdX1.5056+6.857%Pacifica1.5058+6.870%KuCoin1.5059+6.875%Vest1.5059+6.877%Arcus1.5061+6.891%
Backpack1.5062+6.899%
Katana Perps1.5063+6.906%01 Exchange1.5064+6.913%Hotstuff1.5064+6.913%Paradex1.5065+6.922%Aftermath Perps1.5066+6.924%RISEx1.5066+6.927%Ondo Perps1.5069+6.948%Variational Omni1.5070+6.954%Hyperliquid1.5070+6.955%Kalshi1.5078+7.012%Bulk1.5095+7.135%ApeX Omni1.5098+7.154%edgeX1.5099+7.161%Phoenix1.5100+7.168%Hibachi1.5104+7.194%

XRP on 50 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective XRP/USDC PERP−6.382%+0.0033%1h$2K$63K30xas long as short
HTX XRP-USDT−0.061%+0.0100%8h$49.6M$13.3M75xas long as short
Derive XRP-PERP−0.050%+0.0100%1h$810K$65K10xas long as short
Gate XRP_USDT−0.043%+0.0100%8h$352.3M$124.8M100xas long as short
GMX XRP/USD [ETH-USDC]−0.040%L −0.0206% / S +0.0292%1h$1.6M—200xas long as short
Bybit XRPUSDT−0.036%+0.0100%8h$334.4M$751.1M100xas long as short
OKX XRP-USDT-SWAP−0.036%+0.0100%8h$128.1M$786.9M100xas long as short
Reya XRPRUSDPERP−0.034%+0.0208%1h$1.3M$12K15xas long as short
gTrade (Gains Network) XRP/USD−0.033%L +0.0003% / S −0.0003%1h$220K—150xas long as short
Orderly PERP_XRP_USDC−0.030%+0.0054%8h$184K$776K50xas long as short
Show all 50 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin XRP-USDT−0.030%+0.0220%8h$23.6M$58.3M125xas long as short
Bitget XRPUSDT−0.023%+0.0100%8h$259.1M$312.1M125xas long as short
Bullet XRP-USD−0.023%+0.0100%1h$41K$59K20xas long as short
SoDEX XRP-USD−0.023%+0.0100%1h$32K$1.9M10xas long as short
Deribit XRP_USDC-PERPETUAL−0.016%0.0000%1h$8.7M$20.9M50xas long as short
Phemex XRPUSDT−0.016%+0.0100%8h$54.6M$25.6M50xas long as short
Aevo XRP-PERP−0.011%+0.0104%1h$72K$39K3xas long as short
MEXC XRP_USDT−0.010%+0.0100%8h$297.0M$728.8M300xas long as short
BingX XRP-USDT−0.010%+0.0100%8h—$102.4M—as long as short
Lighter XRP−0.009%+0.0096%1h$2.9M$9.6M20xas long as short
Kraken Futures PF_XRPUSD−0.004%+0.0100%1h$17.1M$47.0M50xas long as short
Extended XRP-USD−0.002%+0.0104%1h$2.0M$6.8M50xas long as short
Binance XRPUSDTlong0.000%+0.0100%8h$539.2M$1.70B100x
Lighter RH XRP+0.004%+0.0096%1h$520K$2.3M20xas long as short
SunX XRP-USDT+0.010%+0.0100%8h$126K$1.7M30xas long as short
Coinbase International XRP-PERP-INTX+0.017%+0.0216%1h$5.2M$38.5M50xas long as short
Nado XRP-PERP+0.034%+0.0100%1h$1.2M$4.9M20xas long as short
Aster XRPUSDT+0.034%+0.0100%8h$38.2M$67.4M100xas long as short
Polymarket Perps XRP-USD+0.037%+0.0100%1h$50K$414K20xas long as short
dYdX XRP-USD+0.038%0.0000%1h$1.1M$96K10xas long as short
Pacifica XRP+0.050%+0.0100%1h$664K$1.0M20xas long as short
KuCoin XRPUSDTM+0.055%+0.0100%8h$109.7M$134.4M75xas long as short
Vest XRP-PERP+0.056%+0.0100%1h—$9K10xas long as short
Arcus XRP-USD+0.070%+0.0100%1h$116K$571K20xas long as short
Backpack XRP_USDC_PERPshort+0.077%+0.0168%1h$1.7M$891K25x
Katana Perps XRP-USD+0.083%+0.0100%8h$11K$255K20xas long as short
01 Exchange XRPUSD+0.090%+0.0176%1h$8K$8K10xas long as short
Hotstuff XRP-PERP+0.090%−0.0080%1h$7K$2K20xas long as short
Paradex XRP-USD-PERP+0.099%+0.0100%8h$471K$54K50xas long as short
Aftermath Perps XRPUSD+0.101%+0.0509%1h$1K$9K10xas long as short
RISEx XRP/USDC+0.103%+0.0465%1h$389K$464K10xas long as short
Ondo Perps XRP-USD.P+0.123%+0.0100%1h$562K$50K5xas long as short
Variational Omni XRP+0.129%+0.0100%8h$5.4M$18.8M—as long as short
Hyperliquid XRP+0.130%+0.0529%1h$273.1M$154.9M20xas long as short
Kalshi KXXRPPERP+0.183%+0.0171%8h$1.7M$32.4M2.9xas long as short
Bulk XRP-USD+0.298%+0.0100%1h$1.6M$278K20xas long as short
ApeX Omni XRPUSDT+0.316%+0.0100%1h$1.0M$780K50xas long as short
edgeX XRPUSDC+0.322%+0.0100%4h$656K$86.3M30xas long as short
Phoenix XRP+0.329%0.0000%1h$67K$86K15xas long as short
Hibachi XRP/USDT-P+0.353%+0.0224%1h$19K$32K7xas long as short