XRP

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.010%

7d average+0.018%if it closes, per $10,000$1funding while held, a day−$15.37

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XRP-USDT	1.5009	0.0220	pay 0.0220% / 8h	5h 50m	$23.4M	$57.3M	125x
Short	GMX XRP/USD [ETH-USDC]	1.5007	L −0.0206% / S +0.0292%	pay 0.0037% / 1h	50m 49s	$1.6M	—	200x

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 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee BloFinbpFee GMXbpOrdersClose when spread is

Spread captured: −$1.01
Funding while held: −$15.37
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: −$40.38
Spread needed to break even: 0.240%

Slippage unknown: BloFin: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0512%
Per $10,000 a day: −$15.37
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, 5 min ago	0.33 bp	6.3 bp −$6	7.3 bp −$73	9.6 bp −$963	16.8 bp −$8,398
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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

Variational Omni1.4940+6.036%Phoenix1.4950+6.104%ApeX Omni1.4987+6.366%Ondo Perps1.4995+6.423%HTX1.4995+6.427%Derive1.5003+6.481%Aftermath Perps1.5003+6.483%Orderly1.5004+6.487%Aevo1.5005+6.491%Gate1.5005+6.494%Bulk1.5007+6.505%gTrade (Gains Network)1.5007+6.508%

GMX1.5007+6.512%

Deribit1.5008+6.515%BingX1.5009+6.522%

BloFin1.5009+6.522%

Extended1.5009+6.524%SunX1.5010+6.529%Reya1.5010+6.529%Bitget1.5010+6.529%SoDEX1.5010+6.529%Binance1.5011+6.536%OKX1.5011+6.537%MEXC1.5011+6.537%KuCoin1.5012+6.542%Bullet1.5012+6.543%Bybit1.5012+6.544%Phemex1.5012+6.544%Coinbase International1.5013+6.551%Kraken Futures1.5014+6.557%Lighter RH1.5014+6.558%Lighter1.5014+6.560%Aster1.5015+6.568%Backpack1.5017+6.579%Hyperliquid1.5026+6.643%edgeX1.5034+6.702%dYdX1.5035+6.710%Vest1.5037+6.724%Pacifica1.5038+6.728%Polymarket Perps1.5038+6.728%Paradex1.5039+6.738%Nado1.5040+6.746%Arcus1.5042+6.757%Katana Perps1.5044+6.771%01 Exchange1.5046+6.785%Hibachi1.5046+6.788%RISEx1.5047+6.794%Hotstuff1.5052+6.828%Kalshi1.5057+6.863%

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	−6.123%	+0.0033%	1h	$2K	$63K	30x	as long as short
Variational Omni XRP	−0.457%	+0.0100%	8h	$5.2M	$18.7M	—	as long as short
Phoenix XRP	−0.393%	0.0000%	1h	$69K	$86K	15x	as long as short
ApeX Omni XRPUSDT	−0.147%	+0.0100%	1h	$998K	$762K	50x	as long as short
Ondo Perps XRP-USD.P	−0.093%	+0.0100%	1h	$562K	$47K	5x	as long as short
HTX XRP-USDT	−0.090%	+0.0100%	8h	$49.5M	$13.3M	75x	as long as short
Derive XRP-PERP	−0.039%	+0.0100%	1h	$808K	$65K	10x	as long as short
Aftermath Perps XRPUSD	−0.037%	+0.0491%	1h	$1K	$9K	10x	as long as short
Orderly PERP_XRP_USDC	−0.033%	+0.0052%	8h	$183K	$776K	50x	as long as short
Aevo XRP-PERP	−0.029%	+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	−0.027%	+0.0100%	8h	$348.5M	$123.5M	100x	as long as short
Bulk XRP-USD	−0.017%	+0.0100%	1h	$1.6M	$259K	20x	as long as short
gTrade (Gains Network) XRP/USD	−0.013%	L +0.0003% / S −0.0003%	1h	$219K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]short	−0.010%	L −0.0206% / S +0.0292%	1h	$1.6M	—	200x
Deribit XRP_USDC-PERPETUAL	−0.007%	0.0000%	1h	$8.6M	$20.7M	50x	as long as short
BingX XRP-USDT	0.000%	+0.0100%	8h	—	$98.7M	—	as long as short
BloFin XRP-USDTlong	0.000%	+0.0220%	8h	$23.4M	$57.3M	125x
Extended XRP-USD	+0.001%	+0.0104%	1h	$2.0M	$6.7M	50x	as long as short
SunX XRP-USDT	+0.006%	+0.0100%	8h	$126K	$1.7M	30x	as long as short
Reya XRPRUSDPERP	+0.006%	+0.0208%	1h	$1.3M	$12K	15x	as long as short
Bitget XRPUSDT	+0.007%	+0.0100%	8h	$258.1M	$310.6M	125x	as long as short
SoDEX XRP-USD	+0.007%	+0.0100%	1h	$31K	$1.9M	10x	as long as short
Binance XRPUSDT	+0.013%	+0.0100%	8h	$533.3M	$1.68B	100x	as long as short
OKX XRP-USDT-SWAP	+0.013%	+0.0100%	8h	$125.9M	$776.5M	100x	as long as short
MEXC XRP_USDT	+0.013%	+0.0100%	8h	$296.4M	$721.9M	300x	as long as short
KuCoin XRPUSDTM	+0.019%	+0.0100%	8h	$111.1M	$132.5M	75x	as long as short
Bullet XRP-USD	+0.019%	+0.0100%	1h	$41K	$58K	20x	as long as short
Bybit XRPUSDT	+0.020%	+0.0100%	8h	$332.5M	$744.1M	100x	as long as short
Phemex XRPUSDT	+0.020%	+0.0100%	8h	$54.6M	$25.8M	50x	as long as short
Coinbase International XRP-PERP-INTX	+0.027%	+0.0216%	1h	$5.1M	$38.2M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.032%	+0.0100%	1h	$16.9M	$46.1M	50x	as long as short
Lighter RH XRP	+0.033%	+0.0096%	1h	$443K	$2.2M	20x	as long as short
Lighter XRP	+0.036%	+0.0096%	1h	$2.9M	$9.5M	20x	as long as short
Aster XRPUSDT	+0.043%	+0.0100%	8h	$38.0M	$67.1M	100x	as long as short
Backpack XRP_USDC_PERP	+0.053%	+0.0138%	1h	$1.6M	$883K	25x	as long as short
Hyperliquid XRP	+0.113%	+0.0438%	1h	$270.8M	$153.2M	20x	as long as short
edgeX XRPUSDC	+0.169%	+0.0100%	4h	$654K	$85.8M	30x	as long as short
dYdX XRP-USD	+0.177%	0.0000%	1h	$1.1M	$96K	10x	as long as short
Vest XRP-PERP	+0.189%	+0.0100%	1h	—	$9K	10x	as long as short
Pacifica XRP	+0.193%	+0.0100%	1h	$664K	$1.0M	20x	as long as short
Polymarket Perps XRP-USD	+0.193%	+0.0100%	1h	$64K	$397K	20x	as long as short
Paradex XRP-USD-PERP	+0.203%	+0.0100%	8h	$471K	$54K	50x	as long as short
Nado XRP-PERP	+0.210%	+0.0100%	1h	$1.1M	$4.8M	20x	as long as short
Arcus XRP-USD	+0.220%	+0.0100%	1h	$116K	$571K	20x	as long as short
Katana Perps XRP-USD	+0.233%	+0.0100%	8h	$12K	$256K	20x	as long as short
01 Exchange XRPUSD	+0.247%	+0.0160%	1h	$8K	$8K	10x	as long as short
Hibachi XRP/USDT-P	+0.250%	+0.0160%	1h	$19K	$30K	7x	as long as short
RISEx XRP/USDC	+0.255%	+0.0465%	1h	$388K	$462K	10x	as long as short
Hotstuff XRP-PERP	+0.286%	−0.0080%	1h	$6K	$2K	20x	as long as short
Kalshi KXXRPPERP	+0.320%	+0.0160%	8h	$1.7M	$32.3M	2.9x	as long as short