data as of
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Price arb /

XRP

all XRP markets
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Spread before costs (cost unknown: a leg has no order-book sample)+0.052%
7d average0.000%if it closes, per $10,000$5funding while held, a day+$0.00
Long on BinanceShort on Variational Omni
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XRPUSDT1.49870.0100pay 0.0100% / 8h6h 20m$533.0M$1.66B100x
ShortVariational Omni XRP1.49950.0100get 0.0100% / 8h6h 20m$5.2M$18.6M—

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
$5.19
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$4.81
Spread needed to break even
0.100%
Slippage unknown: Binance: live order book, 10 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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, 10 min ago0.33 bp5.3 bp −$56.0 bp −$6010.4 bp −$1,04523.8 bp −$11.9K
Sell Variational Omni RFQ quote, just now2.04 bpdoesn't fit2.8 bp −$2817.1 bp −$1,711doesn't fit

XRP price on every exchange

against the cheapest. Click to use as the short leg.
Injective1.4090cheapest
Bulk1.4960+6.175%ApeX Omni1.4964+6.203%edgeX1.4966+6.215%HTX1.4974+6.271%Aftermath Perps1.4979+6.308%Orderly1.4979+6.309%Extended1.4980+6.316%Derive1.4981+6.323%BloFin1.4981+6.324%KuCoin1.4982+6.331%Hotstuff1.4983+6.338%Bullet1.4983+6.341%Aevo1.4984+6.341%GMX1.4984+6.347%gTrade (Gains Network)1.4985+6.349%OKX1.4985+6.352%Gate1.4985+6.352%SoDEX1.4986+6.359%Reya1.4987+6.363%
Binance1.4987+6.366%
Bybit1.4987+6.366%Ondo Perps1.4987+6.366%Bitget1.4987+6.366%Phemex1.4987+6.366%Nado1.4987+6.370%Pacifica1.4988+6.370%MEXC1.4988+6.373%BingX1.4988+6.373%Deribit1.4988+6.373%Lighter1.4988+6.374%Vest1.4988+6.377%dYdX1.4989+6.378%Lighter RH1.4989+6.380%Kraken Futures1.4989+6.383%Aster1.4990+6.385%Phoenix1.4990+6.388%SunX1.4991+6.394%Polymarket Perps1.4992+6.402%Coinbase International1.4992+6.402%Arcus1.4993+6.409%Katana Perps1.4993+6.409%Paradex1.4993+6.409%
Variational Omni1.4995+6.421%
01 Exchange1.4995+6.423%Kalshi1.4996+6.430%Backpack1.4997+6.437%Hibachi1.4997+6.437%RISEx1.4998+6.442%Hyperliquid1.5000+6.458%

XRP on 50 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective XRP/USDC PERP−5.985%+0.0033%1h$2K$63K30xas long as short
Bulk XRP-USD−0.180%+0.0100%1h$1.6M$257K20xas long as short
ApeX Omni XRPUSDT−0.153%+0.0100%1h$995K$717K50xas long as short
edgeX XRPUSDC−0.142%+0.0100%4h$650K$85.5M30xas long as short
HTX XRP-USDT−0.089%+0.0100%8h$49.4M$13.2M75xas long as short
Aftermath Perps XRPUSD−0.055%+0.0467%1h$1K$9K10xas long as short
Orderly PERP_XRP_USDC−0.053%+0.0049%8h$185K$774K50xas long as short
Extended XRP-USD−0.047%+0.0104%1h$2.0M$6.9M50xas long as short
Derive XRP-PERP−0.040%+0.0100%1h$807K$65K10xas long as short
BloFin XRP-USDT−0.040%+0.0220%8h$23.6M$57.0M125xas long as short
Show all 50 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin XRPUSDTM−0.033%+0.0100%8h$113.0M$130.9M75xas long as short
Hotstuff XRP-PERP−0.027%−0.0080%1h$6K$2K20xas long as short
Bullet XRP-USD−0.024%+0.0100%1h$40K$57K20xas long as short
Aevo XRP-PERP−0.023%+0.0104%1h$72K$39K3xas long as short
GMX XRP/USD [ETH-USDC]−0.018%L −0.0208% / S +0.0292%1h$1.6M—200xas long as short
gTrade (Gains Network) XRP/USD−0.016%L +0.0003% / S −0.0003%1h$219K—150xas long as short
OKX XRP-USDT-SWAP−0.013%+0.0100%8h$127.8M$765.9M100xas long as short
Gate XRP_USDT−0.013%+0.0100%8h$347.3M$125.2M100xas long as short
SoDEX XRP-USD−0.007%+0.0100%1h$34K$1.9M10xas long as short
Reya XRPRUSDPERP−0.003%+0.0207%1h$1.3M$15K15xas long as short
Binance XRPUSDTlong0.000%+0.0100%8h$533.0M$1.66B100x
Bybit XRPUSDT0.000%+0.0100%8h$333.8M$735.6M100xas long as short
Ondo Perps XRP-USD.P0.000%+0.0100%1h$560K$47K5xas long as short
Bitget XRPUSDT0.000%+0.0100%8h$257.5M$309.7M125xas long as short
Phemex XRPUSDT0.000%+0.0100%8h$54.3M$26.0M50xas long as short
Nado XRP-PERP+0.003%+0.0100%1h$1.1M$4.8M20xas long as short
Pacifica XRP+0.004%+0.0100%1h$661K$1.0M20xas long as short
MEXC XRP_USDT+0.007%+0.0100%8h$296.0M$735.9M300xas long as short
BingX XRP-USDC+0.007%+0.0100%8h—$3.6M—as long as short
Deribit XRP_USDC-PERPETUAL+0.007%0.0000%1h$8.6M$20.4M50xas long as short
Lighter XRP+0.008%+0.0096%1h$2.9M$9.4M20xas long as short
Vest XRP-PERP+0.010%+0.0100%1h—$9K10xas long as short
dYdX XRP-USD+0.011%0.0000%1h$1.1M$94K10xas long as short
Lighter RH XRP+0.013%+0.0096%1h$454K$2.2M20xas long as short
Kraken Futures PF_XRPUSD+0.016%+0.0163%1h$17.2M$44.4M50xas long as short
Aster XRPUSDT+0.017%+0.0100%8h$38.1M$66.6M100xas long as short
Phoenix XRP+0.020%0.0000%1h$69K$86K15xas long as short
SunX XRP-USDT+0.026%+0.0100%8h$126K$1.7M30xas long as short
Polymarket Perps XRP-USD+0.033%+0.0100%1h$63K$397K20xas long as short
Coinbase International XRP-PERP-INTX+0.033%+0.0240%1h$5.1M$37.7M50xas long as short
Arcus XRP-USD+0.040%+0.0100%1h$117K$567K20xas long as short
Katana Perps XRP-USD+0.040%+0.0100%8h$11K$239K20xas long as short
Paradex XRP-USD-PERP+0.040%+0.0100%8h$469K$54K50xas long as short
Variational Omni XRPshort+0.052%+0.0100%8h$5.2M$18.6M—
01 Exchange XRPUSD+0.053%+0.0144%1h$8K$8K10xas long as short
Kalshi KXXRPPERP+0.060%+0.0165%8h$1.7M$32.7M2.9xas long as short
Backpack XRP_USDC_PERP+0.067%+0.0100%1h$1.6M$862K25xas long as short
Hibachi XRP/USDT-P+0.067%+0.0088%1h$19K$30K7xas long as short
RISEx XRP/USDC+0.071%+0.0490%1h$387K$450K10xas long as short
Hyperliquid XRP+0.087%+0.0277%1h$265.6M$149.8M20xas long as short