Spread before costs (cost unknown: a leg has no order-book sample)−5.003%
7d average—if it closes, per $10,000$500funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XRPUSDT | 1.4832 | 0.0100 | pay 0.0100% / 8h | 7h 17m | $254.4M | $307.6M | 125x |
| Short | Injective XRP/USDC PERP | 1.4090 | 0.0033 | get 0.0004% / 1h | 17m 28s | $2K | $63K | 30x |
Bitget XRPUSDT
Injective XRP/USDC PERPPrice 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
- −$500.27
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$514.29
- Spread needed to break even
- 0.120%
Slippage unknown: Bitget: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0067%
- Per $10,000 a day
- −$2.00
- 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 Bitget live order book, 3 min ago | 0.34 bp | 7.5 bp −$7 | 9.9 bp −$99 | 18.8 bp −$1,876 | 39.5 bp −$19.8K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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
Ondo Perps1.4804+5.067%HTX1.4806+5.078%Orderly1.4810+5.110%SoDEX1.4811+5.117%Kraken Futures1.4811+5.117%Bullet1.4813+5.131%Aevo1.4813+5.135%Deribit1.4814+5.138%Phemex1.4814+5.138%Derive1.4814+5.142%Hibachi1.4816+5.152%edgeX1.4816+5.154%gTrade (Gains Network)1.4816+5.156%GMX1.4817+5.158%ApeX Omni1.4817+5.160%SunX1.4817+5.160%BloFin1.4818+5.167%Coinbase International1.4819+5.174%Backpack1.4821+5.188%Kalshi1.4821+5.188%Hotstuff1.4823+5.202%Vest1.4828+5.241%Phoenix1.4830+5.252%Reya1.4832+5.263%Bybit1.4832+5.266%
Ondo Perps
HTX
Orderly
SoDEX
Kraken Futures
Bullet
Aevo
Deribit
Phemex
Derive
Hibachi
gTrade (Gains Network)
GMX
ApeX Omni
SunX
BloFin
Coinbase International
Backpack
Hotstuff
Vest
Phoenix
Reya
BybitBitget1.4832+5.266%
OKX1.4835+5.287%Katana Perps1.4836+5.295%Binance1.4837+5.300%Polymarket Perps1.4837+5.302%Gate1.4838+5.309%Variational Omni1.4838+5.309%Nado1.4838+5.312%Aster1.4839+5.313%dYdX1.4840+5.326%Lighter RH1.4842+5.337%BingX1.4842+5.337%Lighter1.4842+5.338%Pacifica1.4842+5.341%MEXC1.4843+5.344%KuCoin1.4843+5.345%Arcus1.4844+5.351%01 Exchange1.4844+5.351%Extended1.4844+5.353%RISEx1.4846+5.367%Hyperliquid1.4848+5.380%Paradex1.4850+5.397%Aftermath Perps1.4855+5.426%Bulk1.4875+5.569%
OKX
Katana Perps
Binance
Polymarket Perps
Gate
Variational Omni
Nado
Aster
dYdX
Lighter RH
BingX
Lighter
Pacifica
MEXC
KuCoin
Arcus
Extended
RISEx
Hyperliquid
Paradex
BulkXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERPshort | −5.003% | +0.0033% | 1h | $2K | $63K | 30x | |
| Ondo Perps XRP-USD.P | −0.189% | +0.0100% | 1h | $555K | $47K | 5x | as long as short |
| HTX XRP-USDT | −0.179% | +0.0100% | 8h | $48.9M | $13.3M | 75x | as long as short |
| Orderly PERP_XRP_USDC | −0.148% | +0.0050% | 8h | $183K | $773K | 50x | as long as short |
| SoDEX XRP-USD | −0.142% | +0.0100% | 1h | $28K | $2.0M | 10x | as long as short |
| Kraken Futures PF_XRPUSD | −0.141% | +0.0219% | 1h | $16.4M | $43.3M | 50x | as long as short |
| Bullet XRP-USD | −0.129% | +0.0100% | 1h | $41K | $57K | 20x | as long as short |
| Aevo XRP-PERP | −0.125% | +0.0104% | 1h | $71K | $39K | 3x | as long as short |
| Deribit XRP_USDC-PERPETUAL | −0.121% | 0.0000% | 1h | $8.2M | $19.6M | 50x | as long as short |
| Phemex XRPUSDT | −0.121% | +0.0100% | 8h | $53.4M | $26.1M | 50x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Derive XRP-PERP | −0.118% | +0.0100% | 1h | $798K | $66K | 10x | as long as short |
| Hibachi XRP/USDT-P | −0.109% | +0.0152% | 1h | $19K | $30K | 7x | as long as short |
| edgeX XRPUSDC | −0.106% | +0.0100% | 4h | $643K | $87.1M | 30x | as long as short |
| gTrade (Gains Network) XRP/USD | −0.105% | L +0.0003% / S −0.0003% | 1h | $216K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | −0.103% | L −0.0208% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| ApeX Omni XRPUSDT | −0.101% | +0.0100% | 1h | $994K | $818K | 50x | as long as short |
| SunX XRP-USDT | −0.100% | +0.0100% | 8h | $124K | $1.7M | 30x | as long as short |
| BloFin XRP-USDT | −0.094% | +0.0220% | 8h | $23.3M | $56.6M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | −0.088% | +0.0240% | 1h | $5.1M | $37.1M | 50x | as long as short |
| Backpack XRP_USDC_PERP | −0.074% | +0.0148% | 1h | $1.6M | $877K | 25x | as long as short |
| Kalshi KXXRPPERP | −0.074% | +0.0192% | 8h | $1.7M | $32.8M | 2.9x | as long as short |
| Hotstuff XRP-PERP | −0.061% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Vest XRP-PERP | −0.024% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| Phoenix XRP | −0.013% | 0.0000% | 1h | $68K | $86K | 15x | as long as short |
| Reya XRPRUSDPERP | −0.003% | +0.0206% | 1h | $1.3M | $15K | 15x | as long as short |
| Bybit XRPUSDT | 0.000% | +0.0100% | 8h | $329.3M | $747.6M | 100x | as long as short |
| Bitget XRPUSDTlong | 0.000% | +0.0100% | 8h | $254.4M | $307.6M | 125x | |
| OKX XRP-USDT-SWAP | +0.020% | +0.0100% | 8h | $123.1M | $756.9M | 100x | as long as short |
| Katana Perps XRP-USD | +0.027% | +0.0100% | 8h | $11K | $235K | 20x | as long as short |
| Binance XRPUSDT | +0.032% | +0.0100% | 8h | $520.7M | $1.66B | 100x | as long as short |
| Polymarket Perps XRP-USD | +0.034% | +0.0100% | 1h | $62K | $385K | 20x | as long as short |
| Gate XRP_USDT | +0.040% | +0.0100% | 8h | $345.8M | $123.1M | 100x | as long as short |
| Variational Omni XRP | +0.041% | +0.0100% | 8h | $5.1M | $18.0M | — | as long as short |
| Nado XRP-PERP | +0.044% | +0.0100% | 1h | $1.2M | $4.9M | 20x | as long as short |
| Aster XRPUSDT | +0.044% | +0.0100% | 8h | $37.8M | $65.6M | 100x | as long as short |
| dYdX XRP-USD | +0.056% | 0.0000% | 1h | $1.1M | $99K | 10x | as long as short |
| Lighter RH XRP | +0.067% | +0.0096% | 1h | $448K | $2.2M | 20x | as long as short |
| BingX XRP-USDC | +0.067% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Lighter XRP | +0.069% | +0.0096% | 1h | $2.8M | $9.3M | 20x | as long as short |
| Pacifica XRP | +0.071% | +0.0100% | 1h | $655K | $1.0M | 20x | as long as short |
| MEXC XRP_USDT | +0.074% | +0.0100% | 8h | $287.2M | $752.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.075% | +0.0100% | 8h | $113.7M | $135.7M | 75x | as long as short |
| Arcus XRP-USD | +0.081% | +0.0100% | 1h | $117K | $598K | 20x | as long as short |
| 01 Exchange XRPUSD | +0.081% | +0.0200% | 1h | $8K | $8K | 10x | as long as short |
| Extended XRP-USD | +0.082% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| RISEx XRP/USDC | +0.096% | +0.0621% | 1h | $373K | $431K | 10x | as long as short |
| Hyperliquid XRP | +0.108% | +0.0529% | 1h | $262.2M | $152.0M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.125% | +0.0100% | 8h | $465K | $54K | 50x | as long as short |
| Aftermath Perps XRPUSD | +0.152% | +0.0644% | 1h | $1K | $9K | 10x | as long as short |
| Bulk XRP-USD | +0.287% | +0.0100% | 1h | $1.6M | $257K | 20x | as long as short |