Spread before costs (cost unknown: a leg has no order-book sample)+0.165%
7d average−0.002%if it closes, per $10,000$16funding while held, a day−$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive XRP-PERP | 1.4968 | 0.0100 | pay 0.0013% / 1h | 40m 37s | $806K | $68K | 10x |
| Short | Nado XRP-PERP | 1.4992 | 0.0100 | get 0.0012% / 1h | 40m 37s | $1.1M | $4.7M | 20x |
Derive XRP-PERP
Nado 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
- $16.48
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $3.48
- Spread needed to break even
- 0.130%
Slippage unknown: Derive: no order-book sample; Nado: live order book, 5 min ago. 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 Derive no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 5 min ago | 0.33 bp | 3.8 bp −$4 | 8.3 bp −$83 | 42.0 bp −$4,204 | doesn't fit |
Derive: 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
BloFin1.4956+6.146%SoDEX1.4959+6.167%Phemex1.4959+6.167%Bybit1.4961+6.182%Deribit1.4961+6.182%Backpack1.4962+6.189%Kraken Futures1.4962+6.191%Aster1.4962+6.191%OKX1.4963+6.196%Orderly1.4964+6.203%Extended1.4964+6.205%Aevo1.4965+6.209%MEXC1.4965+6.210%GMX1.4965+6.212%Gate1.4966+6.217%gTrade (Gains Network)1.4967+6.224%
Injective
BloFin
SoDEX
Phemex
Bybit
Deribit
Backpack
Kraken Futures
Aster
OKX
Orderly
Extended
Aevo
MEXC
GMX
Gate
gTrade (Gains Network)Derive1.4968+6.230%
Bitget1.4968+6.231%Bullet1.4968+6.231%Paradex1.4970+6.242%SunX1.4970+6.244%BingX1.4970+6.246%HTX1.4972+6.257%Arcus1.4973+6.267%Katana Perps1.4974+6.274%Lighter RH1.4975+6.281%01 Exchange1.4975+6.281%Coinbase International1.4975+6.281%KuCoin1.4975+6.282%Reya1.4978+6.304%edgeX1.4979+6.308%RISEx1.4979+6.309%dYdX1.4979+6.311%Pacifica1.4980+6.314%Lighter1.4980+6.316%Binance1.4980+6.316%ApeX Omni1.4980+6.317%Hibachi1.4982+6.331%Kalshi1.4982+6.331%Vest1.4982+6.334%Variational Omni1.4984+6.345%Polymarket Perps1.4987+6.366%Hotstuff1.4991+6.395%Ondo Perps1.4992+6.402%
Bitget
Bullet
Paradex
SunX
BingX
HTX
Arcus
Katana Perps
Lighter RH
Coinbase International
KuCoin
Reya
RISEx
dYdX
Pacifica
Lighter
Binance
ApeX Omni
Hibachi
Vest
Variational Omni
Polymarket Perps
Hotstuff
Ondo PerpsNado1.4992+6.405%
Hyperliquid1.4993+6.409%Aftermath Perps1.5005+6.491%Phoenix1.5010+6.529%Bulk1.5027+6.650%
Hyperliquid
Phoenix
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 | −5.865% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| BloFin XRP-USDT | −0.079% | +0.0220% | 8h | $23.5M | $55.4M | 125x | as long as short |
| SoDEX XRP-USD | −0.059% | +0.0100% | 1h | $29K | $2.1M | 10x | as long as short |
| Phemex XRPUSDT | −0.059% | +0.0100% | 8h | $53.8M | $24.9M | 50x | as long as short |
| Bybit XRPUSDT | −0.046% | +0.0100% | 8h | $334.9M | $741.0M | 100x | as long as short |
| Deribit XRP_USDC-PERPETUAL | −0.046% | 0.0000% | 1h | $8.2M | $19.3M | 50x | as long as short |
| Backpack XRP_USDC_PERP | −0.039% | +0.0100% | 1h | $1.7M | $929K | 25x | as long as short |
| Kraken Futures PF_XRPUSD | −0.037% | +0.0367% | 1h | $17.6M | $42.3M | 50x | as long as short |
| Aster XRPUSDT | −0.037% | +0.0100% | 8h | $37.9M | $65.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | −0.032% | +0.0100% | 8h | $124.1M | $753.3M | 100x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_XRP_USDC | −0.026% | +0.0051% | 8h | $188K | $766K | 50x | as long as short |
| Extended XRP-USD | −0.024% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | −0.020% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| MEXC XRP_USDT | −0.019% | +0.0100% | 8h | $289.7M | $711.7M | 300x | as long as short |
| GMX XRP/USD [ETH-USDC] | −0.017% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| Gate XRP_USDT | −0.012% | +0.0100% | 8h | $356.5M | $120.0M | 100x | as long as short |
| gTrade (Gains Network) XRP/USD | −0.006% | L +0.0003% / S −0.0003% | 1h | $209K | — | 150x | as long as short |
| Derive XRP-PERPlong | 0.000% | +0.0100% | 1h | $806K | $68K | 10x | |
| Bitget XRPUSDT | +0.001% | +0.0100% | 8h | $256.7M | $303.6M | 125x | as long as short |
| Bullet XRP-USD | +0.001% | +0.0100% | 1h | $41K | $55K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.011% | +0.0100% | 8h | $468K | $54K | 50x | as long as short |
| SunX XRP-USDT | +0.013% | +0.0100% | 8h | $125K | $1.7M | 30x | as long as short |
| BingX XRP-USDC | +0.014% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| HTX XRP-USDT | +0.025% | +0.0100% | 8h | $49.4M | $13.0M | 75x | as long as short |
| Arcus XRP-USD | +0.035% | +0.0100% | 1h | $117K | $594K | 20x | as long as short |
| Katana Perps XRP-USD | +0.041% | +0.0100% | 8h | $13K | $221K | 20x | as long as short |
| Lighter RH XRP | +0.048% | +0.0096% | 1h | $478K | $1.9M | 20x | as long as short |
| 01 Exchange XRPUSD | +0.048% | +0.0168% | 1h | $8K | $8K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.048% | +0.0224% | 1h | $5.5M | $35.9M | 50x | as long as short |
| KuCoin XRPUSDTM | +0.049% | +0.0100% | 8h | $114.9M | $143.8M | 75x | as long as short |
| Reya XRPRUSDPERP | +0.070% | +0.0205% | 1h | $1.3M | $15K | 15x | as long as short |
| edgeX XRPUSDC | +0.073% | −0.0119% | 4h | $680K | $83.5M | 30x | as long as short |
| RISEx XRP/USDC | +0.074% | +0.0579% | 1h | $397K | $412K | 10x | as long as short |
| dYdX XRP-USD | +0.076% | 0.0000% | 1h | $1.1M | $107K | 10x | as long as short |
| Pacifica XRP | +0.079% | +0.0100% | 1h | $635K | $982K | 20x | as long as short |
| Lighter XRP | +0.081% | +0.0096% | 1h | $2.9M | $7.5M | 20x | as long as short |
| Binance XRPUSDT | +0.081% | +0.0100% | 8h | $532.4M | $1.63B | 100x | as long as short |
| ApeX Omni XRPUSDT | +0.081% | +0.0100% | 1h | $1.2M | $723K | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.095% | +0.0304% | 1h | $20K | $30K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.095% | +0.0191% | 8h | $1.9M | $34.1M | 2.9x | as long as short |
| Vest XRP-PERP | +0.098% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| Variational Omni XRP | +0.109% | +0.0100% | 8h | $5.8M | $16.4M | — | as long as short |
| Polymarket Perps XRP-USD | +0.128% | +0.0100% | 1h | $62K | $377K | 20x | as long as short |
| Hotstuff XRP-PERP | +0.155% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Ondo Perps XRP-USD.P | +0.161% | +0.0100% | 1h | $559K | $47K | 5x | as long as short |
| Nado XRP-PERPshort | +0.165% | +0.0100% | 1h | $1.1M | $4.7M | 20x | |
| Hyperliquid XRP | +0.168% | +0.0861% | 1h | $267.8M | $149.9M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.246% | +0.0865% | 1h | $1K | $8K | 10x | as long as short |
| Phoenix XRP | +0.282% | 0.0000% | 1h | $26K | $28K | 15x | as long as short |
| Bulk XRP-USD | +0.395% | +0.0100% | 1h | $1.7M | $213K | 20x | as long as short |