data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

XRP

all XRP markets
SwapFunding view
Alert
My alerts

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−$13
spread now+0.036%7d average+0.001%fees + slippage, in and out−$16spread needed0.162%
Long on BinanceShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XRPUSDT1.49020.0100pay 0.0100% / 8h6h 04m$529.6M$1.67B100x
ShortLighter XRP1.49070.0096get 0.0012% / 1h4m 58s$2.9M$9.5M20x

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
$3.64
Funding while held
−$0.12
Slippage, 4 orders
−$6.18
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$12.65
Spread needed to break even
0.162%
Slippage from Binance: live order book, 11 min ago; Lighter: live order book, 5 min ago.

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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago0.33 bp5.3 bp −$56.2 bp −$6210.4 bp −$1,04027.4 bp −$13.7K
Sell Lighter live order book, 5 min ago2.13 bp2.2 bp −$27.1 bp −$7117.2 bp −$1,71641.5 bp −$20.7K

XRP price on every exchange

against the cheapest. Click to use as the short leg.
Injective1.4090cheapest
HTX1.4891+5.684%BloFin1.4893+5.699%Nado1.4896+5.724%Reya1.4897+5.727%Gate1.4897+5.727%Bitget1.4898+5.735%Bybit1.4899+5.742%Polymarket Perps1.4900+5.749%KuCoin1.4901+5.752%OKX1.4901+5.756%Aster1.4901+5.759%Extended1.4902+5.761%
Binance1.4902+5.763%
MEXC1.4902+5.763%BingX1.4902+5.763%Phemex1.4902+5.763%dYdX1.4903+5.767%Bullet1.4903+5.770%SunX1.4904+5.776%Pacifica1.4904+5.776%Lighter RH1.4904+5.777%SoDEX1.4904+5.777%Derive1.4905+5.783%01 Exchange1.4905+5.784%Orderly1.4905+5.784%Vest1.4905+5.786%Aevo1.4905+5.788%Arcus1.4906+5.791%Katana Perps1.4906+5.791%gTrade (Gains Network)1.4906+5.791%GMX1.4906+5.793%Hibachi1.4907+5.799%
Lighter1.4907+5.801%
Paradex1.4908+5.809%Backpack1.4909+5.813%Deribit1.4909+5.813%Kraken Futures1.4910+5.818%RISEx1.4910+5.819%Hyperliquid1.4911+5.827%Kalshi1.4911+5.827%Coinbase International1.4912+5.834%Variational Omni1.4935+5.996%Ondo Perps1.4935+5.997%edgeX1.4939+6.023%Aftermath Perps1.4941+6.041%Hotstuff1.4945+6.068%Phoenix1.4950+6.104%Bulk1.4955+6.139%ApeX Omni1.4957+6.153%

XRP on 50 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective XRP/USDC PERP−5.449%+0.0033%1h$2K$63K30xas long as short
HTX XRP-USDT−0.074%+0.0100%8h$49.1M$13.2M75xas long as short
BloFin XRP-USDT−0.060%+0.0220%8h$23.5M$56.7M125xas long as short
Nado XRP-PERP−0.037%+0.0100%1h$1.1M$4.8M20xas long as short
Reya XRPRUSDPERP−0.034%+0.0207%1h$1.3M$12K15xas long as short
Gate XRP_USDT−0.034%+0.0100%8h$345.4M$125.9M100xas long as short
Bitget XRPUSDT−0.027%+0.0100%8h$256.0M$310.4M125xas long as short
Bybit XRPUSDT−0.020%+0.0100%8h$330.4M$737.7M100xas long as short
Polymarket Perps XRP-USD−0.013%+0.0100%1h$64K$398K20xas long as short
KuCoin XRPUSDTM−0.010%+0.0100%8h$111.4M$130.7M75xas long as short
Show all 50 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX XRP-USDT-SWAP−0.007%+0.0100%8h$123.9M$766.8M100xas long as short
Aster XRPUSDT−0.004%+0.0100%8h$37.8M$67.0M100xas long as short
Extended XRP-USD−0.002%+0.0104%1h$2.0M$6.7M50xas long as short
Binance XRPUSDTlong0.000%+0.0100%8h$529.6M$1.67B100x
MEXC XRP_USDT0.000%+0.0100%8h$288.2M$744.1M300xas long as short
BingX XRP-USDT0.000%+0.0100%8h—$98.5M—as long as short
Phemex XRPUSDT0.000%+0.0100%8h$54.0M$25.7M50xas long as short
dYdX XRP-USD+0.004%0.0000%1h$1.1M$96K10xas long as short
Bullet XRP-USD+0.007%+0.0100%1h$40K$58K20xas long as short
SunX XRP-USDT+0.012%+0.0100%8h$125K$1.7M30xas long as short
Pacifica XRP+0.013%+0.0100%1h$658K$1.0M20xas long as short
Lighter RH XRP+0.013%+0.0096%1h$445K$2.2M20xas long as short
SoDEX XRP-USD+0.013%+0.0100%1h$31K$1.9M10xas long as short
Derive XRP-PERP+0.019%+0.0100%1h$803K$65K10xas long as short
01 Exchange XRPUSD+0.020%+0.0136%1h$8K$8K10xas long as short
Orderly PERP_XRP_USDC+0.020%+0.0051%8h$184K$774K50xas long as short
Vest XRP-PERP+0.022%+0.0100%1h—$9K10xas long as short
Aevo XRP-PERP+0.023%+0.0104%1h$72K$39K3xas long as short
Arcus XRP-USD+0.027%+0.0100%1h$116K$566K20xas long as short
Katana Perps XRP-USD+0.027%+0.0100%8h$13K$245K20xas long as short
gTrade (Gains Network) XRP/USD+0.027%L +0.0003% / S −0.0003%1h$218K—150xas long as short
GMX XRP/USD [ETH-USDC]+0.028%L −0.0208% / S +0.0292%1h$1.6M—200xas long as short
Hibachi XRP/USDT-P+0.034%+0.0136%1h$19K$30K7xas long as short
Lighter XRPshort+0.036%+0.0096%1h$2.9M$9.5M20x
Paradex XRP-USD-PERP+0.043%+0.0100%8h$466K$54K50xas long as short
Backpack XRP_USDC_PERP+0.047%+0.0100%1h$1.6M$868K25xas long as short
Deribit XRP_USDC-PERPETUAL+0.047%0.0000%1h$8.6M$20.7M50xas long as short
Kraken Futures PF_XRPUSD+0.052%+0.0164%1h$16.9M$45.6M50xas long as short
RISEx XRP/USDC+0.053%+0.0490%1h$386K$450K10xas long as short
Hyperliquid XRP+0.060%+0.0258%1h$264.3M$151.0M20xas long as short
Kalshi KXXRPPERP+0.060%+0.0160%8h$1.7M$32.6M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.067%+0.0240%1h$5.1M$37.8M50xas long as short
Variational Omni XRP+0.220%+0.0100%8h$5.2M$18.6M—as long as short
Ondo Perps XRP-USD.P+0.221%+0.0100%1h$558K$47K5xas long as short
edgeX XRPUSDC+0.246%+0.0100%4h$649K$85.6M30xas long as short
Aftermath Perps XRPUSD+0.263%+0.0490%1h$1K$9K10xas long as short
Hotstuff XRP-PERP+0.289%−0.0080%1h$6K$2K20xas long as short
Phoenix XRP+0.322%0.0000%1h$69K$86K15xas long as short
Bulk XRP-USD+0.356%+0.0100%1h$1.6M$259K20xas long as short
ApeX Omni XRPUSDT+0.369%+0.0100%1h$995K$762K50xas long as short