After costs, if the gap returns to its 7d average, $10k−$22
spread now+0.087%7d average+0.031%fees + slippage, in and out−$28spread needed0.280%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XRP-USDT | 1.4970 | 0.0220 | pay 0.0220% / 8h | 3m 08s | $23.7M | $56.9M | 125x |
| Short | Backpack XRP_USDC_PERP | 1.4983 | 0.0126 | get 0.0016% / 1h | 3m 08s | $1.7M | $911K | 25x |
Price 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
- $8.68
- Funding while held
- −$2.82
- Slippage, 4 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$22.13
- Spread needed to break even
- 0.280%
Slippage from BloFin: live order book, 2 min ago; Backpack: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0094%
- Per $10,000 a day
- −$2.82
- 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 BloFin live order book, 2 min ago | 2.67 bp | 8.7 bp −$9 | 9.3 bp −$93 | 12.3 bp −$1,231 | 24.1 bp −$12.1K |
| Sell Backpack live order book, 2 min ago | 0.33 bp | 5.3 bp −$5 | 6.8 bp −$68 | doesn't fit | doesn't fit |
XRP price on every exchange
against the cheapest. Click to use as the short leg.XRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −5.878% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Ondo Perps XRP-USD.P | −0.120% | +0.0100% | 1h | $560K | $47K | 5x | as long as short |
| SoDEX XRP-USD | −0.020% | +0.0100% | 1h | $30K | $2.1M | 10x | as long as short |
| HTX XRP-USDT | −0.019% | +0.0100% | 8h | $49.4M | $13.5M | 75x | as long as short |
| OKX XRP-USDT-SWAP | −0.007% | +0.0100% | 8h | $126.3M | $765.8M | 100x | as long as short |
| Orderly PERP_XRP_USDC | −0.007% | +0.0051% | 8h | $188K | $770K | 50x | as long as short |
| Extended XRP-USD | −0.004% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| BloFin XRP-USDTlong | 0.000% | +0.0220% | 8h | $23.7M | $56.9M | 125x | |
| dYdX XRP-USD | +0.003% | 0.0000% | 1h | $1.1M | $107K | 10x | as long as short |
| Aevo XRP-PERP | +0.005% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XRP_USDT | +0.007% | +0.0100% | 8h | $356.3M | $125.8M | 100x | as long as short |
| BingX XRP-USDT | +0.007% | +0.0100% | 8h | — | $97.1M | — | as long as short |
| Bullet XRP-USD | +0.007% | +0.0100% | 1h | $42K | $57K | 20x | as long as short |
| KuCoin XRPUSDTM | +0.013% | +0.0100% | 8h | $113.2M | $141.8M | 75x | as long as short |
| gTrade (Gains Network) XRP/USD | +0.013% | L +0.0003% / S −0.0003% | 1h | $218K | — | 150x | as long as short |
| Phemex XRPUSDT | +0.013% | +0.0100% | 8h | $54.0M | $25.8M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | +0.016% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| Nado XRP-PERP | +0.017% | +0.0100% | 1h | $1.1M | $4.9M | 20x | as long as short |
| Reya XRPRUSDPERP | +0.017% | +0.0206% | 1h | $1.3M | $15K | 15x | as long as short |
| Bybit XRPUSDT | +0.020% | +0.0100% | 8h | $333.8M | $759.0M | 100x | as long as short |
| Bitget XRPUSDT | +0.020% | +0.0100% | 8h | $256.5M | $311.8M | 125x | as long as short |
| Vest XRP-PERP | +0.024% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.027% | 0.0000% | 1h | $8.2M | $20.0M | 50x | as long as short |
| Lighter XRP | +0.031% | +0.0096% | 1h | $2.8M | $7.9M | 20x | as long as short |
| Hotstuff XRP-PERP | +0.033% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| MEXC XRP_USDT | +0.033% | +0.0100% | 8h | $288.0M | $745.3M | 300x | as long as short |
| Binance XRPUSDT | +0.033% | +0.0100% | 8h | $529.0M | $1.66B | 100x | as long as short |
| Pacifica XRP | +0.037% | +0.0100% | 1h | $629K | $1.0M | 20x | as long as short |
| Aster XRPUSDT | +0.037% | +0.0100% | 8h | $38.1M | $66.2M | 100x | as long as short |
| Polymarket Perps XRP-USD | +0.040% | +0.0100% | 1h | $62K | $385K | 20x | as long as short |
| Lighter RH XRP | +0.047% | +0.0096% | 1h | $485K | $2.0M | 20x | as long as short |
| Derive XRP-PERP | +0.047% | +0.0100% | 1h | $807K | $68K | 10x | as long as short |
| Kraken Futures PF_XRPUSD | +0.049% | +0.0366% | 1h | $17.5M | $42.3M | 50x | as long as short |
| Arcus XRP-USD | +0.060% | +0.0100% | 1h | $117K | $592K | 20x | as long as short |
| Katana Perps XRP-USD | +0.060% | +0.0100% | 8h | $11K | $226K | 20x | as long as short |
| SunX XRP-USDT | +0.063% | +0.0100% | 8h | $125K | $1.7M | 30x | as long as short |
| Paradex XRP-USD-PERP | +0.064% | +0.0100% | 8h | $469K | $54K | 50x | as long as short |
| Kalshi KXXRPPERP | +0.067% | +0.0178% | 8h | $1.8M | $33.7M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.080% | +0.0224% | 1h | $5.5M | $36.9M | 50x | as long as short |
| Aftermath Perps XRPUSD | +0.082% | +0.0738% | 1h | $1K | $9K | 10x | as long as short |
| Backpack XRP_USDC_PERPshort | +0.087% | +0.0126% | 1h | $1.7M | $911K | 25x | |
| 01 Exchange XRPUSD | +0.100% | +0.0160% | 1h | $8K | $8K | 10x | as long as short |
| RISEx XRP/USDC | +0.115% | +0.0579% | 1h | $396K | $412K | 10x | as long as short |
| Bulk XRP-USD | +0.130% | +0.0100% | 1h | $1.7M | $217K | 20x | as long as short |
| Phoenix XRP | +0.134% | 0.0000% | 1h | $69K | $28K | 15x | as long as short |
| Hyperliquid XRP | +0.140% | +0.0743% | 1h | $264.9M | $158.0M | 20x | as long as short |
| Variational Omni XRP | +0.159% | +0.0100% | 8h | $5.5M | $17.6M | — | as long as short |
| ApeX Omni XRPUSDT | +0.180% | +0.0100% | 1h | $1.0M | $815K | 50x | as long as short |
| edgeX XRPUSDC | +0.182% | +0.0100% | 4h | $681K | $85.4M | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.230% | +0.0192% | 1h | $19K | $30K | 7x | as long as short |
BloFin XRP-USDT
Backpack XRP_USDC_PERP
Injective
SoDEX
HTX
OKX
Extended
Gate
BingX
Bullet
KuCoin
gTrade (Gains Network)
Phemex
GMX
Bybit
Bitget
Deribit
Lighter
MEXC
Binance
Pacifica
Aster
Polymarket Perps
Lighter RH
Derive
Kraken Futures
Katana Perps
SunX
Paradex
Coinbase International
RISEx
Bulk
Phoenix
Hyperliquid
Variational Omni
ApeX Omni