After costs, if the gap returns to its 7d average, $10k−$43
spread now−0.101%7d average+0.017%fees + slippage, in and out−$32spread needed0.315%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XRP-PERP-INTX | 1.4878 | 0.0224 | pay 0.0028% / 1h | 30m 13s | $5.3M | $36.3M | 50x |
| Short | Kalshi KXXRPPERP | 1.4863 | 0.0182 | get 0.0182% / 8h | 4h 30m | $1.9M | $34.1M | 2.9x |
Coinbase International XRP-PERP-INTXPrice 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
- −$10.08
- Funding while held
- −$1.26
- Slippage, 4 orders
- −$11.5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$42.84
- Spread needed to break even
- 0.315%
Slippage from Coinbase International: live order book, 5 min ago; Kalshi: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0042%
- Per $10,000 a day
- −$1.26
- 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 Coinbase International live order book, 5 min ago | 0.67 bp | 6.8 bp −$7 | 9.5 bp −$95 | 20.7 bp −$2,071 | doesn't fit |
| Sell Kalshi live order book, 5 min ago | 2.35 bp | 10.4 bp −$10 | 11.6 bp −$116 | 17.9 bp −$1,786 | doesn't fit |
XRP price on every exchange
against the cheapest. Click to use as the short leg.Injective1.4090cheapest
Ondo Perps1.4850+5.394%HTX1.4852+5.407%dYdX1.4853+5.416%Hotstuff1.4854+5.422%BloFin1.4856+5.436%Backpack1.4857+5.444%Reya1.4857+5.446%Pacifica1.4857+5.446%Nado1.4857+5.447%Bybit1.4858+5.451%Katana Perps1.4858+5.451%Gate1.4858+5.451%Vest1.4858+5.451%OKX1.4859+5.458%Bullet1.4860+5.464%MEXC1.4860+5.465%Polymarket Perps1.4860+5.465%Variational Omni1.4860+5.465%Binance1.4860+5.466%Aster1.4860+5.467%gTrade (Gains Network)1.4861+5.470%Hibachi1.4861+5.471%GMX1.4861+5.472%KuCoin1.4861+5.475%Phemex1.4862+5.479%BingX1.4863+5.486%Lighter1.4863+5.489%SoDEX1.4864+5.493%Arcus1.4865+5.500%Orderly1.4865+5.500%Extended1.4865+5.502%Paradex1.4866+5.505%Derive1.4866+5.506%Bitget1.4866+5.507%Aevo1.4866+5.511%SunX1.4867+5.514%01 Exchange1.4867+5.515%Lighter RH1.4868+5.522%ApeX Omni1.4869+5.529%RISEx1.4870+5.534%Phoenix1.4870+5.536%Deribit1.4870+5.536%edgeX1.4874+5.562%Kraken Futures1.4874+5.567%
Injective
Ondo Perps
HTX
dYdX
Hotstuff
BloFin
Backpack
Reya
Pacifica
Nado
Bybit
Katana Perps
Gate
Vest
OKX
Bullet
MEXC
Polymarket Perps
Variational Omni
Binance
Aster
gTrade (Gains Network)
Hibachi
GMX
KuCoin
Phemex
BingX
Lighter
SoDEX
Arcus
Orderly
Extended
Paradex
Derive
Bitget
Aevo
SunX
Lighter RH
ApeX Omni
RISEx
Phoenix
Deribit
Kraken FuturesCoinbase International1.4878+5.593%
Hyperliquid1.4880+5.607%Aftermath Perps1.4894+5.704%Bulk1.4896+5.720%
Hyperliquid
BulkXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −5.296% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Ondo Perps XRP-USD.P | −0.188% | +0.0100% | 1h | $555K | $47K | 5x | as long as short |
| HTX XRP-USDT | −0.176% | +0.0100% | 8h | $49.0M | $13.2M | 75x | as long as short |
| dYdX XRP-USD | −0.167% | 0.0000% | 1h | $1.1M | $107K | 10x | as long as short |
| Hotstuff XRP-PERP | −0.161% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| BloFin XRP-USDT | −0.148% | +0.0220% | 8h | $23.6M | $56.2M | 125x | as long as short |
| Backpack XRP_USDC_PERP | −0.141% | +0.0100% | 1h | $1.7M | $934K | 25x | as long as short |
| Reya XRPRUSDPERP | −0.139% | +0.0205% | 1h | $1.3M | $15K | 15x | as long as short |
| Pacifica XRP | −0.138% | +0.0100% | 1h | $629K | $977K | 20x | as long as short |
| Nado XRP-PERP | −0.138% | +0.0100% | 1h | $1.1M | $4.8M | 20x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit XRPUSDT | −0.134% | +0.0100% | 8h | $331.5M | $756.1M | 100x | as long as short |
| Katana Perps XRP-USD | −0.134% | +0.0100% | 8h | $13K | $223K | 20x | as long as short |
| Gate XRP_USDT | −0.134% | +0.0100% | 8h | $345.1M | $122.7M | 100x | as long as short |
| Vest XRP-PERP | −0.134% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| OKX XRP-USDT-SWAP | −0.128% | +0.0100% | 8h | $123.4M | $751.0M | 100x | as long as short |
| Bullet XRP-USD | −0.122% | +0.0100% | 1h | $40K | $55K | 20x | as long as short |
| MEXC XRP_USDT | −0.121% | +0.0100% | 8h | $286.8M | $725.0M | 300x | as long as short |
| Polymarket Perps XRP-USD | −0.121% | +0.0100% | 1h | $61K | $380K | 20x | as long as short |
| Variational Omni XRP | −0.120% | +0.0100% | 8h | $5.4M | $16.8M | — | as long as short |
| Binance XRPUSDT | −0.120% | +0.0100% | 8h | $526.8M | $1.65B | 100x | as long as short |
| Aster XRPUSDT | −0.119% | +0.0100% | 8h | $37.8M | $66.0M | 100x | as long as short |
| gTrade (Gains Network) XRP/USD | −0.116% | L +0.0003% / S −0.0003% | 1h | $217K | — | 150x | as long as short |
| Hibachi XRP/USDT-P | −0.115% | +0.0280% | 1h | $19K | $30K | 7x | as long as short |
| GMX XRP/USD [ETH-USDC] | −0.114% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| KuCoin XRPUSDTM | −0.112% | +0.0100% | 8h | $112.2M | $141.2M | 75x | as long as short |
| Phemex XRPUSDT | −0.108% | +0.0100% | 8h | $53.4M | $25.0M | 50x | as long as short |
| BingX XRP-USDT | −0.101% | +0.0100% | 8h | — | $95.8M | — | as long as short |
| Kalshi KXXRPPERPshort | −0.101% | +0.0182% | 8h | $1.9M | $34.1M | 2.9x | |
| Lighter XRP | −0.098% | +0.0096% | 1h | $2.8M | $7.6M | 20x | as long as short |
| SoDEX XRP-USD | −0.094% | +0.0100% | 1h | $29K | $2.1M | 10x | as long as short |
| Arcus XRP-USD | −0.087% | +0.0100% | 1h | $117K | $596K | 20x | as long as short |
| Orderly PERP_XRP_USDC | −0.087% | +0.0051% | 8h | $187K | $759K | 50x | as long as short |
| Extended XRP-USD | −0.086% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | −0.083% | +0.0100% | 8h | $465K | $54K | 50x | as long as short |
| Derive XRP-PERP | −0.082% | +0.0100% | 1h | $801K | $68K | 10x | as long as short |
| Bitget XRPUSDT | −0.081% | +0.0100% | 8h | $254.1M | $307.4M | 125x | as long as short |
| Aevo XRP-PERP | −0.077% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| SunX XRP-USDT | −0.075% | +0.0100% | 8h | $125K | $1.7M | 30x | as long as short |
| 01 Exchange XRPUSD | −0.074% | +0.0160% | 1h | $8K | $8K | 10x | as long as short |
| Lighter RH XRP | −0.067% | +0.0096% | 1h | $476K | $2.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | −0.060% | +0.0100% | 1h | $996K | $814K | 50x | as long as short |
| RISEx XRP/USDC | −0.055% | +0.0579% | 1h | $394K | $413K | 10x | as long as short |
| Phoenix XRP | −0.054% | 0.0000% | 1h | $68K | $28K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | −0.054% | 0.0000% | 1h | $8.1M | $19.6M | 50x | as long as short |
| edgeX XRPUSDC | −0.029% | −0.0120% | 4h | $676K | $84.7M | 30x | as long as short |
| Kraken Futures PF_XRPUSD | −0.024% | +0.0369% | 1h | $17.4M | $42.3M | 50x | as long as short |
| Coinbase International XRP-PERP-INTXlong | 0.000% | +0.0224% | 1h | $5.3M | $36.3M | 50x | |
| Hyperliquid XRP | +0.013% | +0.0795% | 1h | $262.2M | $152.7M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.105% | +0.0803% | 1h | $1K | $8K | 10x | as long as short |
| Bulk XRP-USD | +0.121% | +0.0100% | 1h | $1.7M | $217K | 20x | as long as short |