Spread before costs (cost unknown: a leg has no order-book sample)+0.327%
7d average—if it closes, per $10,000$33funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk XRP-USD | 1.4856 | 0.0100 | pay 0.0013% / 1h | 32m 37s | $1.7M | $89K | 20x |
| Short | Bullet XRP-USD | 1.4904 | 0.0100 | get 0.0013% / 1h | 32m 37s | $41K | $52K | 20x |
Bulk XRP-USD
Bullet XRP-USDPrice 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
- $32.73
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $17.73
- Spread needed to break even
- 0.150%
Slippage unknown: Bulk: live order book, 3 min ago; Bullet: no order-book sample. 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bulk live order book, 3 min ago | 0.67 bp | 4.2 bp −$4 | 5.1 bp −$51 | 12.5 bp −$1,248 | 21.9 bp −$11.0K |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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 Perps1.4843+5.344%
Injective
Ondo PerpsBulk1.4856+5.434%
Variational Omni1.4856+5.435%Phoenix1.4860+5.465%Aftermath Perps1.4868+5.519%edgeX1.4883+5.630%Hibachi1.4888+5.662%ApeX Omni1.4893+5.699%Orderly1.4898+5.735%Aevo1.4900+5.747%BloFin1.4900+5.749%HTX1.4900+5.752%Vest1.4901+5.759%gTrade (Gains Network)1.4902+5.761%Derive1.4902+5.762%Polymarket Perps1.4902+5.763%GMX1.4903+5.772%Nado1.4903+5.774%Reya1.4904+5.778%
Variational Omni
Phoenix
Hibachi
ApeX Omni
Orderly
Aevo
BloFin
HTX
Vest
gTrade (Gains Network)
Derive
Polymarket Perps
GMX
Nado
ReyaBullet1.4904+5.779%
Hotstuff1.4905+5.784%Deribit1.4905+5.784%SoDEX1.4906+5.791%Kalshi1.4907+5.798%SunX1.4908+5.808%Kraken Futures1.4909+5.812%Coinbase International1.4911+5.827%Phemex1.4913+5.841%Backpack1.4923+5.912%Lighter1.4933+5.983%dYdX1.4934+5.993%Lighter RH1.4935+5.997%KuCoin1.4935+5.998%Binance1.4936+6.005%Pacifica1.4937+6.011%Extended1.4938+6.019%Aster1.4938+6.021%Katana Perps1.4939+6.026%Gate1.4941+6.040%MEXC1.4941+6.040%BingX1.4942+6.047%Bybit1.4943+6.054%OKX1.4944+6.061%Bitget1.4944+6.061%Arcus1.4946+6.075%Paradex1.4947+6.084%RISEx1.4950+6.105%Hyperliquid1.4955+6.139%
Hotstuff
Deribit
SoDEX
SunX
Kraken Futures
Coinbase International
Phemex
Backpack
Lighter
dYdX
Lighter RH
KuCoin
Binance
Pacifica
Extended
Aster
Katana Perps
Gate
MEXC
BingX
Bybit
OKX
Bitget
Arcus
Paradex
RISEx
HyperliquidXRP on 49 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −5.154% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Ondo Perps XRP-USD.P | −0.085% | +0.0100% | 1h | $554K | $45K | 5x | as long as short |
| Bulk XRP-USDlong | 0.000% | +0.0100% | 1h | $1.7M | $89K | 20x | |
| Variational Omni XRP | +0.002% | +0.0100% | 8h | $5.3M | $12.7M | — | as long as short |
| Phoenix XRP | +0.030% | 0.0000% | 1h | $26K | $22K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.081% | +0.0749% | 1h | $1K | $8K | 10x | as long as short |
| edgeX XRPUSDC | +0.186% | −0.0114% | 4h | $678K | $78.4M | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.216% | +0.0280% | 1h | $20K | $25K | 7x | as long as short |
| ApeX Omni XRPUSDT | +0.252% | +0.0100% | 1h | $989K | $588K | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.285% | +0.0050% | 8h | $189K | $756K | 50x | as long as short |
Show all 49 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo XRP-PERP | +0.297% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| BloFin XRP-USDT | +0.299% | +0.0220% | 8h | $23.0M | $50.1M | 125x | as long as short |
| HTX XRP-USDT | +0.302% | +0.0100% | 8h | $49.4M | $11.9M | 75x | as long as short |
| Vest XRP-PERP | +0.308% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | +0.310% | L +0.0003% / S −0.0003% | 1h | $208K | — | 150x | as long as short |
| Derive XRP-PERP | +0.311% | +0.0100% | 1h | $803K | $66K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.312% | +0.0100% | 1h | $66K | $330K | 20x | as long as short |
| GMX XRP/USD [ETH-USDC] | +0.321% | L −0.0206% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| Nado XRP-PERP | +0.322% | +0.0100% | 1h | $1.1M | $4.3M | 20x | as long as short |
| Reya XRPRUSDPERP | +0.327% | +0.0204% | 1h | $1.3M | $15K | 15x | as long as short |
| Bullet XRP-USDshort | +0.327% | +0.0100% | 1h | $41K | $52K | 20x | |
| Hotstuff XRP-PERP | +0.333% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.333% | 0.0000% | 1h | $8.0M | $18.4M | 50x | as long as short |
| SoDEX XRP-USD | +0.339% | +0.0100% | 1h | $29K | $2.2M | 10x | as long as short |
| Kalshi KXXRPPERP | +0.346% | +0.0147% | 8h | $1.7M | $33.1M | 2.9x | as long as short |
| SunX XRP-USDT | +0.355% | +0.0100% | 8h | $125K | $1.6M | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.359% | +0.0169% | 1h | $17.3M | $40.0M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.373% | +0.0208% | 1h | $5.1M | $34.4M | 50x | as long as short |
| Phemex XRPUSDT | +0.386% | +0.0100% | 8h | $53.5M | $24.4M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.454% | +0.0100% | 1h | $1.6M | $914K | 25x | as long as short |
| Lighter XRP | +0.521% | +0.0096% | 1h | $2.4M | $6.0M | 20x | as long as short |
| dYdX XRP-USD | +0.531% | 0.0000% | 1h | $1.1M | $118K | 10x | as long as short |
| Lighter RH XRP | +0.535% | +0.0096% | 1h | $449K | $1.8M | 20x | as long as short |
| KuCoin XRPUSDTM | +0.535% | +0.0100% | 8h | $112.9M | $137.8M | 75x | as long as short |
| Binance XRPUSDT | +0.542% | +0.0100% | 8h | $527.0M | $1.54B | 100x | as long as short |
| Pacifica XRP | +0.548% | +0.0100% | 1h | $588K | $903K | 20x | as long as short |
| Extended XRP-USD | +0.556% | +0.0104% | 1h | $2.0M | $7.0M | 50x | as long as short |
| Aster XRPUSDT | +0.557% | +0.0100% | 8h | $37.9M | $62.1M | 100x | as long as short |
| Katana Perps XRP-USD | +0.561% | +0.0100% | 8h | $13K | $197K | 20x | as long as short |
| Gate XRP_USDT | +0.575% | +0.0100% | 8h | $349.4M | $117.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.575% | +0.0100% | 8h | $245.6M | $676.5M | 300x | as long as short |
| BingX XRP-USDT | +0.582% | +0.0100% | 8h | — | $85.8M | — | as long as short |
| Bybit XRPUSDT | +0.588% | +0.0100% | 8h | $323.0M | $704.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.595% | +0.0100% | 8h | $125.0M | $720.0M | 100x | as long as short |
| Bitget XRPUSDT | +0.595% | +0.0100% | 8h | $258.3M | $280.5M | 125x | as long as short |
| Arcus XRP-USD | +0.609% | +0.0100% | 1h | $119K | $570K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.616% | +0.0100% | 8h | $468K | $54K | 50x | as long as short |
| RISEx XRP/USDC | +0.637% | +0.0427% | 1h | $391K | $403K | 10x | as long as short |
| Hyperliquid XRP | +0.669% | +0.0616% | 1h | $259.4M | $139.4M | 20x | as long as short |