Spread before costs (cost unknown: a leg has no order-book sample)+0.116%
7d average—if it closes, per $10,000$12funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XRPUSDT | 1.5020 | 0.0100 | pay 0.0100% / 8h | 5h 50m | $332.8M | $744.2M | 100x |
| Short | Vest XRP-PERP | 1.5037 | 0.0100 | get 0.0013% / 1h | 50m 38s | — | $9K | 10x |
Bybit XRPUSDT
Vest XRP-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
- $11.56
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$1.44
- Spread needed to break even
- 0.130%
Slippage unknown: Bybit: live order book, 5 min ago; Vest: 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 Bybit live order book, 5 min ago | 0.33 bp | 6.4 bp −$6 | 7.4 bp −$74 | 12.7 bp −$1,267 | 24.9 bp −$12.5K |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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
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%Bulk1.5007+6.505%gTrade (Gains Network)1.5007+6.508%GMX1.5007+6.512%Deribit1.5008+6.515%BloFin1.5009+6.522%SunX1.5010+6.529%Reya1.5010+6.529%SoDEX1.5010+6.529%Bullet1.5012+6.543%dYdX1.5012+6.544%KuCoin1.5012+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%Pacifica1.5015+6.562%Hotstuff1.5015+6.565%Aster1.5015+6.566%MEXC1.5016+6.572%BingX1.5017+6.579%Backpack1.5017+6.579%
Injective
Phoenix
ApeX Omni
Ondo Perps
HTX
Derive
Orderly
Aevo
Bulk
gTrade (Gains Network)
GMX
Deribit
BloFin
SunX
Reya
SoDEX
Bullet
dYdX
KuCoin
Phemex
Coinbase International
Kraken Futures
Lighter RH
Lighter
Pacifica
Hotstuff
Aster
MEXC
BingX
BackpackBybit1.5020+6.600%
OKX1.5020+6.600%Gate1.5020+6.600%Bitget1.5020+6.600%Extended1.5022+6.616%Katana Perps1.5024+6.629%Binance1.5025+6.638%Hyperliquid1.5026+6.643%Paradex1.5028+6.656%Arcus1.5030+6.671%01 Exchange1.5033+6.693%edgeX1.5034+6.702%RISEx1.5035+6.704%
OKX
Gate
Bitget
Extended
Katana Perps
Binance
Hyperliquid
Paradex
Arcus
RISExVest1.5037+6.724%
Polymarket Perps1.5038+6.728%Nado1.5040+6.746%Variational Omni1.5041+6.749%Hibachi1.5046+6.788%Kalshi1.5057+6.863%
Polymarket Perps
Nado
Variational Omni
HibachiXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −6.192% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Phoenix XRP | −0.466% | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
| ApeX Omni XRPUSDT | −0.220% | +0.0100% | 1h | $998K | $762K | 50x | as long as short |
| Ondo Perps XRP-USD.P | −0.166% | +0.0100% | 1h | $562K | $47K | 5x | as long as short |
| HTX XRP-USDT | −0.163% | +0.0100% | 8h | $49.5M | $13.3M | 75x | as long as short |
| Derive XRP-PERP | −0.112% | +0.0100% | 1h | $808K | $65K | 10x | as long as short |
| Aftermath Perps XRPUSD | −0.110% | +0.0491% | 1h | $1K | $9K | 10x | as long as short |
| Orderly PERP_XRP_USDC | −0.107% | +0.0052% | 8h | $183K | $776K | 50x | as long as short |
| Aevo XRP-PERP | −0.102% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| Bulk XRP-USD | −0.090% | +0.0100% | 1h | $1.6M | $259K | 20x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XRP/USD | −0.087% | L +0.0003% / S −0.0003% | 1h | $219K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | −0.083% | L −0.0206% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | −0.080% | 0.0000% | 1h | $8.6M | $20.7M | 50x | as long as short |
| BloFin XRP-USDT | −0.073% | +0.0220% | 8h | $23.4M | $57.3M | 125x | as long as short |
| SunX XRP-USDT | −0.067% | +0.0100% | 8h | $126K | $1.7M | 30x | as long as short |
| Reya XRPRUSDPERP | −0.067% | +0.0208% | 1h | $1.3M | $12K | 15x | as long as short |
| SoDEX XRP-USD | −0.067% | +0.0100% | 1h | $31K | $1.9M | 10x | as long as short |
| Bullet XRP-USD | −0.054% | +0.0100% | 1h | $41K | $58K | 20x | as long as short |
| dYdX XRP-USD | −0.053% | 0.0000% | 1h | $1.1M | $96K | 10x | as long as short |
| KuCoin XRPUSDTM | −0.053% | +0.0100% | 8h | $111.1M | $132.5M | 75x | as long as short |
| Phemex XRPUSDT | −0.053% | +0.0100% | 8h | $54.6M | $25.8M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | −0.047% | +0.0216% | 1h | $5.1M | $38.2M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | −0.041% | +0.0100% | 1h | $16.9M | $46.1M | 50x | as long as short |
| Lighter RH XRP | −0.040% | +0.0096% | 1h | $443K | $2.2M | 20x | as long as short |
| Lighter XRP | −0.038% | +0.0096% | 1h | $2.9M | $9.5M | 20x | as long as short |
| Pacifica XRP | −0.036% | +0.0100% | 1h | $663K | $1.0M | 20x | as long as short |
| Hotstuff XRP-PERP | −0.033% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Aster XRPUSDT | −0.033% | +0.0100% | 8h | $38.0M | $67.0M | 100x | as long as short |
| MEXC XRP_USDT | −0.027% | +0.0100% | 8h | $296.4M | $722.0M | 300x | as long as short |
| BingX XRP-USDC | −0.020% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Backpack XRP_USDC_PERP | −0.020% | +0.0138% | 1h | $1.6M | $883K | 25x | as long as short |
| Bybit XRPUSDTlong | 0.000% | +0.0100% | 8h | $332.8M | $744.2M | 100x | |
| OKX XRP-USDT-SWAP | 0.000% | +0.0100% | 8h | $125.9M | $776.9M | 100x | as long as short |
| Gate XRP_USDT | 0.000% | +0.0100% | 8h | $348.8M | $123.5M | 100x | as long as short |
| Bitget XRPUSDT | 0.000% | +0.0100% | 8h | $258.3M | $310.6M | 125x | as long as short |
| Extended XRP-USD | +0.015% | +0.0104% | 1h | $2.0M | $6.7M | 50x | as long as short |
| Katana Perps XRP-USD | +0.027% | +0.0100% | 8h | $11K | $256K | 20x | as long as short |
| Binance XRPUSDT | +0.036% | +0.0100% | 8h | $533.9M | $1.68B | 100x | as long as short |
| Hyperliquid XRP | +0.040% | +0.0438% | 1h | $270.8M | $153.2M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.052% | +0.0100% | 8h | $470K | $54K | 50x | as long as short |
| Arcus XRP-USD | +0.067% | +0.0100% | 1h | $116K | $571K | 20x | as long as short |
| 01 Exchange XRPUSD | +0.087% | +0.0160% | 1h | $8K | $8K | 10x | as long as short |
| edgeX XRPUSDC | +0.096% | +0.0100% | 4h | $654K | $85.8M | 30x | as long as short |
| RISEx XRP/USDC | +0.097% | +0.0465% | 1h | $388K | $462K | 10x | as long as short |
| Vest XRP-PERPshort | +0.116% | +0.0100% | 1h | — | $9K | 10x | |
| Polymarket Perps XRP-USD | +0.120% | +0.0100% | 1h | $64K | $397K | 20x | as long as short |
| Nado XRP-PERP | +0.136% | +0.0100% | 1h | $1.1M | $4.8M | 20x | as long as short |
| Variational Omni XRP | +0.139% | +0.0100% | 8h | $5.2M | $18.6M | — | as long as short |
| Hibachi XRP/USDT-P | +0.176% | +0.0160% | 1h | $19K | $30K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.246% | +0.0160% | 8h | $1.7M | $32.3M | 2.9x | as long as short |