After costs, if the gap returns to its 7d average, $10k−$21
spread now−0.040%7d average−0.017%fees + slippage, in and out−$18spread needed0.185%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XRP-PERP-INTX | 1.4911 | 0.0224 | pay 0.0028% / 1h | 36m 01s | $5.2M | $36.2M | 50x |
| Short | Lighter RH XRP | 1.4905 | 0.0096 | get 0.0012% / 1h | 36m 01s | $477K | $1.9M | 20x |
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
- −$4.02
- Funding while held
- −$3.84
- Slippage, 4 orders
- −$8.45
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$26.32
- Spread needed to break even
- 0.185%
Slippage from Coinbase International: live order book, 5 min ago; Lighter RH: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0128%
- Per $10,000 a day
- −$3.84
- 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 | 0.33 bp | 7.2 bp −$7 | 9.9 bp −$99 | 20.5 bp −$2,051 | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 2.35 bp | 2.3 bp −$2 | 7.7 bp −$77 | 37.5 bp −$3,751 | 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 | −5.506% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Ondo Perps XRP-USD.P | −0.335% | +0.0100% | 1h | $557K | $47K | 5x | as long as short |
| dYdX XRP-USD | −0.181% | 0.0000% | 1h | $1.1M | $107K | 10x | as long as short |
| HTX XRP-USDT | −0.172% | +0.0100% | 8h | $49.2M | $13.1M | 75x | as long as short |
| Katana Perps XRP-USD | −0.168% | +0.0100% | 8h | $13K | $221K | 20x | as long as short |
| 01 Exchange XRPUSD | −0.161% | +0.0160% | 1h | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | −0.142% | +0.0205% | 1h | $1.3M | $15K | 15x | as long as short |
| Vest XRP-PERP | −0.139% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| Pacifica XRP | −0.134% | +0.0100% | 1h | $631K | $977K | 20x | as long as short |
| Bybit XRPUSDT | −0.134% | +0.0100% | 8h | $333.4M | $744.4M | 100x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX XRP-USDT-SWAP | −0.127% | +0.0100% | 8h | $123.2M | $750.6M | 100x | as long as short |
| Hotstuff XRP-PERP | −0.127% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| RISEx XRP/USDC | −0.125% | +0.0579% | 1h | $395K | $412K | 10x | as long as short |
| Arcus XRP-USD | −0.121% | +0.0100% | 1h | $117K | $595K | 20x | as long as short |
| Gate XRP_USDT | −0.114% | +0.0100% | 8h | $353.7M | $120.5M | 100x | as long as short |
| Bitget XRPUSDT | −0.114% | +0.0100% | 8h | $255.2M | $305.5M | 125x | as long as short |
| BingX XRP-USDC | −0.114% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Polymarket Perps XRP-USD | −0.114% | +0.0100% | 1h | $61K | $378K | 20x | as long as short |
| GMX XRP/USD [ETH-USDC] | −0.108% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| Binance XRPUSDT | −0.102% | +0.0100% | 8h | $529.4M | $1.64B | 100x | as long as short |
| BloFin XRP-USDT | −0.101% | +0.0220% | 8h | $23.7M | $56.1M | 125x | as long as short |
| Aster XRPUSDT | −0.096% | +0.0100% | 8h | $37.8M | $65.8M | 100x | as long as short |
| MEXC XRP_USDT | −0.094% | +0.0100% | 8h | $287.4M | $718.5M | 300x | as long as short |
| Aevo XRP-PERP | −0.094% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| Orderly PERP_XRP_USDC | −0.087% | +0.0051% | 8h | $187K | $766K | 50x | as long as short |
| Paradex XRP-USD-PERP | −0.082% | +0.0100% | 8h | $466K | $54K | 50x | as long as short |
| Bullet XRP-USD | −0.080% | +0.0100% | 1h | $41K | $55K | 20x | as long as short |
| Phemex XRPUSDT | −0.080% | +0.0100% | 8h | $53.5M | $25.1M | 50x | as long as short |
| Derive XRP-PERP | −0.077% | +0.0100% | 1h | $802K | $68K | 10x | as long as short |
| Kalshi KXXRPPERP | −0.074% | +0.0186% | 8h | $1.9M | $34.1M | 2.9x | as long as short |
| Extended XRP-USD | −0.071% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| Nado XRP-PERP | −0.070% | +0.0100% | 1h | $1.1M | $4.7M | 20x | as long as short |
| gTrade (Gains Network) XRP/USD | −0.070% | L +0.0003% / S −0.0003% | 1h | $217K | — | 150x | as long as short |
| KuCoin XRPUSDTM | −0.068% | +0.0100% | 8h | $112.7M | $144.2M | 75x | as long as short |
| SoDEX XRP-USD | −0.067% | +0.0100% | 1h | $29K | $2.1M | 10x | as long as short |
| Lighter XRP | −0.065% | +0.0096% | 1h | $2.9M | $7.5M | 20x | as long as short |
| Backpack XRP_USDC_PERP | −0.054% | +0.0100% | 1h | $1.7M | $931K | 25x | as long as short |
| Hibachi XRP/USDT-P | −0.052% | +0.0288% | 1h | $19K | $30K | 7x | as long as short |
| Kraken Futures PF_XRPUSD | −0.041% | +0.0368% | 1h | $17.5M | $42.2M | 50x | as long as short |
| Lighter RH XRPshort | −0.040% | +0.0096% | 1h | $477K | $1.9M | 20x | |
| Deribit XRP_USDC-PERPETUAL | −0.040% | 0.0000% | 1h | $8.2M | $19.3M | 50x | as long as short |
| SunX XRP-USDT | −0.036% | +0.0100% | 8h | $125K | $1.7M | 30x | as long as short |
| Coinbase International XRP-PERP-INTXlong | 0.000% | +0.0224% | 1h | $5.2M | $36.2M | 50x | |
| Hyperliquid XRP | +0.027% | +0.0820% | 1h | $263.9M | $151.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.194% | +0.0100% | 1h | $1.2M | $723K | 50x | as long as short |
| Aftermath Perps XRPUSD | +0.238% | +0.0862% | 1h | $1K | $8K | 10x | as long as short |
| Phoenix XRP | +0.329% | 0.0000% | 1h | $26K | $28K | 15x | as long as short |
| edgeX XRPUSDC | +0.449% | −0.0118% | 4h | $682K | $83.6M | 30x | as long as short |
| Variational Omni XRP | +0.490% | +0.0100% | 8h | $5.8M | $16.4M | — | as long as short |
| Bulk XRP-USD | +0.778% | +0.0100% | 1h | $1.7M | $213K | 20x | as long as short |
Coinbase International XRP-PERP-INTX
Lighter RH XRP
Injective
HTX
Katana Perps
Pacifica
Bybit
OKX
RISEx
Gate
Bitget
BingX
Polymarket Perps
GMX
Binance
BloFin
Aster
MEXC
Paradex
Bullet
Phemex
Derive
Extended
gTrade (Gains Network)
KuCoin
SoDEX
Lighter
Backpack
Kraken Futures
Deribit
SunX
Hyperliquid
ApeX Omni
Phoenix
Variational Omni
Bulk