Spread before costs (cost unknown: a leg has no order-book sample)+0.018%
7d average—if it closes, per $10,000$2funding while held, a day+$22.90
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive XRP-PERP | 1.5029 | 0.0100 | pay 0.0013% / 1h | 46m 32s | $809K | $68K | 10x |
| Short | Aftermath Perps XRPUSD | 1.5031 | 0.0863 | get 0.0108% / 1h | 46m 32s | $1K | $8K | 10x |
Derive 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
- $1.76
- Funding while held
- $22.9
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- $9.65
- Spread needed to break even
- 0.150%
Slippage unknown: Derive: no order-book sample; Aftermath Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0763%
- Per $10,000 a day
- +$22.90
- 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 Derive no order-book sample | — | — | — | — | — |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Derive and Aftermath Perps: 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 Omni1.5016+6.569%GMX1.5017+6.578%HTX1.5018+6.586%Hibachi1.5018+6.589%gTrade (Gains Network)1.5019+6.595%Phoenix1.5020+6.600%Kalshi1.5021+6.608%Bullet1.5022+6.612%BloFin1.5023+6.622%Reya1.5024+6.629%Orderly1.5024+6.629%Bybit1.5025+6.636%Ondo Perps1.5025+6.636%Hotstuff1.5025+6.636%Nado1.5025+6.639%Aevo1.5026+6.639%OKX1.5026+6.643%Vest1.5026+6.646%Bulk1.5027+6.650%MEXC1.5027+6.650%BingX1.5027+6.650%Extended1.5027+6.651%Gate1.5028+6.657%Bitget1.5028+6.657%Phemex1.5028+6.657%
Injective
Variational Omni
GMX
HTX
Hibachi
gTrade (Gains Network)
Phoenix
Bullet
BloFin
Reya
Orderly
Bybit
Ondo Perps
Hotstuff
Nado
Aevo
OKX
Vest
Bulk
MEXC
BingX
Extended
Gate
Bitget
PhemexDerive1.5029+6.663%
Polymarket Perps1.5029+6.664%Deribit1.5029+6.664%Katana Perps1.5030+6.671%Aster1.5030+6.671%Binance1.5030+6.673%SoDEX1.5031+6.678%Kraken Futures1.5032+6.683%Paradex1.5032+6.686%dYdX1.5032+6.689%Arcus1.5033+6.693%01 Exchange1.5033+6.693%Lighter1.5034+6.698%KuCoin1.5034+6.698%Backpack1.5034+6.700%SunX1.5035+6.704%Lighter RH1.5035+6.707%Pacifica1.5035+6.707%RISEx1.5038+6.727%Coinbase International1.5038+6.728%ApeX Omni1.5041+6.749%edgeX1.5045+6.774%Hyperliquid1.5051+6.820%
Polymarket Perps
Deribit
Katana Perps
Aster
Binance
SoDEX
Kraken Futures
Paradex
dYdX
Arcus
Lighter
KuCoin
Backpack
SunX
Lighter RH
Pacifica
RISEx
Coinbase International
ApeX Omni
HyperliquidXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −6.246% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Variational Omni XRP | −0.087% | +0.0100% | 8h | $5.7M | $16.2M | — | as long as short |
| GMX XRP/USD [ETH-USDC] | −0.080% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| HTX XRP-USDT | −0.072% | +0.0100% | 8h | $49.6M | $13.0M | 75x | as long as short |
| Hibachi XRP/USDT-P | −0.069% | +0.0296% | 1h | $20K | $30K | 7x | as long as short |
| gTrade (Gains Network) XRP/USD | −0.063% | L +0.0003% / S −0.0003% | 1h | $209K | — | 150x | as long as short |
| Phoenix XRP | −0.058% | 0.0000% | 1h | $26K | $28K | 15x | as long as short |
| Kalshi KXXRPPERP | −0.052% | +0.0193% | 8h | $2.0M | $34.2M | 2.9x | as long as short |
| Bullet XRP-USD | −0.047% | +0.0100% | 1h | $41K | $55K | 20x | as long as short |
| BloFin XRP-USDT | −0.038% | +0.0220% | 8h | $23.6M | $55.6M | 125x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya XRPRUSDPERP | −0.032% | +0.0205% | 1h | $1.3M | $15K | 15x | as long as short |
| Orderly PERP_XRP_USDC | −0.032% | +0.0051% | 8h | $189K | $765K | 50x | as long as short |
| Bybit XRPUSDT | −0.025% | +0.0100% | 8h | $334.2M | $738.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | −0.025% | +0.0100% | 1h | $561K | $47K | 5x | as long as short |
| Hotstuff XRP-PERP | −0.025% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Nado XRP-PERP | −0.022% | +0.0100% | 1h | $1.1M | $4.7M | 20x | as long as short |
| Aevo XRP-PERP | −0.022% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| OKX XRP-USDT-SWAP | −0.018% | +0.0100% | 8h | $125.1M | $755.3M | 100x | as long as short |
| Vest XRP-PERP | −0.016% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| Bulk XRP-USD | −0.012% | +0.0100% | 1h | $1.7M | $213K | 20x | as long as short |
| MEXC XRP_USDT | −0.012% | +0.0100% | 8h | $289.9M | $705.6M | 300x | as long as short |
| BingX XRP-USDT | −0.012% | +0.0100% | 8h | — | $90.4M | — | as long as short |
| Extended XRP-USD | −0.011% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| Gate XRP_USDT | −0.005% | +0.0100% | 8h | $358.2M | $119.6M | 100x | as long as short |
| Bitget XRPUSDT | −0.005% | +0.0100% | 8h | $257.9M | $302.4M | 125x | as long as short |
| Phemex XRPUSDT | −0.005% | +0.0100% | 8h | $54.0M | $25.1M | 50x | as long as short |
| Derive XRP-PERPlong | 0.000% | +0.0100% | 1h | $809K | $68K | 10x | |
| Polymarket Perps XRP-USD | +0.002% | +0.0100% | 1h | $62K | $378K | 20x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.002% | 0.0000% | 1h | $8.3M | $19.2M | 50x | as long as short |
| Katana Perps XRP-USD | +0.008% | +0.0100% | 8h | $13K | $221K | 20x | as long as short |
| Aster XRPUSDT | +0.008% | +0.0100% | 8h | $38.1M | $65.3M | 100x | as long as short |
| Binance XRPUSDT | +0.010% | +0.0100% | 8h | $534.7M | $1.63B | 100x | as long as short |
| SoDEX XRP-USD | +0.015% | +0.0100% | 1h | $29K | $2.1M | 10x | as long as short |
| Aftermath Perps XRPUSDshort | +0.018% | +0.0863% | 1h | $1K | $8K | 10x | |
| Kraken Futures PF_XRPUSD | +0.019% | +0.0365% | 1h | $17.5M | $42.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.022% | +0.0100% | 8h | $470K | $54K | 50x | as long as short |
| dYdX XRP-USD | +0.025% | 0.0000% | 1h | $1.1M | $107K | 10x | as long as short |
| Arcus XRP-USD | +0.028% | +0.0100% | 1h | $117K | $594K | 20x | as long as short |
| 01 Exchange XRPUSD | +0.028% | +0.0152% | 1h | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.033% | +0.0096% | 1h | $2.9M | $7.4M | 20x | as long as short |
| KuCoin XRPUSDTM | +0.034% | +0.0100% | 8h | $115.5M | $143.0M | 75x | as long as short |
| Backpack XRP_USDC_PERP | +0.035% | +0.0100% | 1h | $1.7M | $934K | 25x | as long as short |
| SunX XRP-USDT | +0.039% | +0.0100% | 8h | $126K | $1.7M | 30x | as long as short |
| Lighter RH XRP | +0.042% | +0.0096% | 1h | $494K | $1.9M | 20x | as long as short |
| Pacifica XRP | +0.042% | +0.0100% | 1h | $637K | $982K | 20x | as long as short |
| RISEx XRP/USDC | +0.060% | +0.0579% | 1h | $397K | $411K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.061% | +0.0224% | 1h | $5.6M | $36.1M | 50x | as long as short |
| ApeX Omni XRPUSDT | +0.081% | +0.0100% | 1h | $1.2M | $723K | 50x | as long as short |
| edgeX XRPUSDC | +0.105% | −0.0101% | 4h | $683K | $83.2M | 30x | as long as short |
| Hyperliquid XRP | +0.148% | +0.0904% | 1h | $269.3M | $149.0M | 20x | as long as short |