Spread before costs (cost unknown: a leg has no order-book sample)−0.087%
7d average−0.010%if it closes, per $10,000$9funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive XRP-PERP | 1.5029 | 0.0100 | pay 0.0013% / 1h | 46m 50s | $809K | $68K | 10x |
| Short | Variational Omni XRP | 1.5016 | 0.0100 | get 0.0100% / 8h | 46m 50s | $5.7M | $16.2M | — |
Derive XRP-PERP
Variational Omni XRPPrice 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
- −$8.74
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$14.74
- Spread needed to break even
- 0.060%
Slippage unknown: Derive: no order-book sample; Variational Omni: RFQ quote, 4 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 Variational Omni RFQ quote, 4 min ago | 2.03 bp | doesn't fit | 7.0 bp −$70 | 24.0 bp −$2,397 | 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
Katana Perps1.5001+6.466%dYdX1.5002+6.474%Pacifica1.5005+6.492%Paradex1.5005+6.496%01 Exchange1.5008+6.515%Arcus1.5009+6.522%Nado1.5011+6.533%Reya1.5014+6.558%RISEx1.5015+6.564%
Injective
Katana Perps
dYdX
Pacifica
Paradex
Arcus
Nado
Reya
RISExVariational Omni1.5016+6.569%
Polymarket Perps1.5016+6.572%Bullet1.5016+6.572%Vest1.5016+6.573%GMX1.5017+6.578%HTX1.5018+6.586%gTrade (Gains Network)1.5019+6.595%Extended1.5020+6.600%Phoenix1.5020+6.600%Kalshi1.5021+6.608%Bybit1.5022+6.615%MEXC1.5023+6.622%BingX1.5023+6.622%BloFin1.5023+6.622%Gate1.5024+6.629%Orderly1.5024+6.629%KuCoin1.5025+6.635%Ondo Perps1.5025+6.636%Hotstuff1.5025+6.636%Aevo1.5026+6.639%Binance1.5026+6.640%Aster1.5026+6.644%Lighter1.5028+6.657%OKX1.5028+6.657%Phemex1.5028+6.657%
Polymarket Perps
Bullet
Vest
GMX
HTX
gTrade (Gains Network)
Extended
Phoenix
Bybit
MEXC
BingX
BloFin
Gate
Orderly
KuCoin
Ondo Perps
Hotstuff
Aevo
Binance
Aster
Lighter
OKX
PhemexDerive1.5029+6.663%
Deribit1.5029+6.664%Lighter RH1.5031+6.678%Bitget1.5031+6.678%SoDEX1.5031+6.678%Aftermath Perps1.5031+6.681%Kraken Futures1.5032+6.683%Backpack1.5034+6.700%SunX1.5035+6.704%Bulk1.5037+6.721%Coinbase International1.5038+6.728%ApeX Omni1.5041+6.749%edgeX1.5045+6.774%Hibachi1.5050+6.812%Hyperliquid1.5050+6.813%
Deribit
Lighter RH
Bitget
SoDEX
Kraken Futures
Backpack
SunX
Bulk
Coinbase International
ApeX Omni
Hibachi
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 |
| Katana Perps XRP-USD | −0.185% | +0.0100% | 8h | $13K | $221K | 20x | as long as short |
| dYdX XRP-USD | −0.177% | 0.0000% | 1h | $1.1M | $107K | 10x | as long as short |
| Pacifica XRP | −0.160% | +0.0100% | 1h | $636K | $982K | 20x | as long as short |
| Paradex XRP-USD-PERP | −0.156% | +0.0100% | 8h | $469K | $54K | 50x | as long as short |
| 01 Exchange XRPUSD | −0.138% | +0.0152% | 1h | $8K | $8K | 10x | as long as short |
| Arcus XRP-USD | −0.131% | +0.0100% | 1h | $117K | $594K | 20x | as long as short |
| Nado XRP-PERP | −0.121% | +0.0100% | 1h | $1.1M | $4.7M | 20x | as long as short |
| Reya XRPRUSDPERP | −0.098% | +0.0205% | 1h | $1.3M | $15K | 15x | as long as short |
| RISEx XRP/USDC | −0.093% | +0.0579% | 1h | $396K | $411K | 10x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni XRPshort | −0.087% | +0.0100% | 8h | $5.7M | $16.2M | — | |
| Polymarket Perps XRP-USD | −0.085% | +0.0100% | 1h | $56K | $363K | 20x | as long as short |
| Bullet XRP-USD | −0.085% | +0.0100% | 1h | $41K | $55K | 20x | as long as short |
| Vest XRP-PERP | −0.084% | +0.0100% | 1h | — | $9K | 10x | 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 |
| gTrade (Gains Network) XRP/USD | −0.063% | L +0.0003% / S −0.0003% | 1h | $209K | — | 150x | as long as short |
| Extended XRP-USD | −0.059% | +0.0104% | 1h | $1.9M | $7.2M | 50x | 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 |
| Bybit XRPUSDT | −0.045% | +0.0100% | 8h | $334.1M | $738.5M | 100x | as long as short |
| MEXC XRP_USDT | −0.038% | +0.0100% | 8h | $289.2M | $705.4M | 300x | as long as short |
| BingX XRP-USDC | −0.038% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| BloFin XRP-USDT | −0.038% | +0.0220% | 8h | $23.6M | $55.6M | 125x | as long as short |
| Gate XRP_USDT | −0.032% | +0.0100% | 8h | $358.2M | $119.5M | 100x | as long as short |
| Orderly PERP_XRP_USDC | −0.032% | +0.0051% | 8h | $189K | $765K | 50x | as long as short |
| KuCoin XRPUSDTM | −0.026% | +0.0100% | 8h | $115.4M | $143.0M | 75x | 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 |
| Aevo XRP-PERP | −0.022% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| Binance XRPUSDT | −0.022% | +0.0100% | 8h | $534.5M | $1.63B | 100x | as long as short |
| Aster XRPUSDT | −0.017% | +0.0100% | 8h | $38.1M | $65.3M | 100x | as long as short |
| Lighter XRP | −0.005% | +0.0096% | 1h | $2.9M | $7.4M | 20x | as long as short |
| OKX XRP-USDT-SWAP | −0.005% | +0.0100% | 8h | $125.1M | $755.4M | 100x | 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 | |
| Deribit XRP_USDC-PERPETUAL | +0.002% | 0.0000% | 1h | $8.3M | $19.2M | 50x | as long as short |
| Lighter RH XRP | +0.015% | +0.0096% | 1h | $494K | $1.9M | 20x | as long as short |
| Bitget XRPUSDT | +0.015% | +0.0100% | 8h | $258.0M | $302.4M | 125x | as long as short |
| SoDEX XRP-USD | +0.015% | +0.0100% | 1h | $29K | $2.1M | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.018% | +0.0863% | 1h | $1K | $8K | 10x | as long as short |
| Kraken Futures PF_XRPUSD | +0.019% | +0.0365% | 1h | $17.5M | $42.2M | 50x | 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 |
| Bulk XRP-USD | +0.055% | +0.0100% | 1h | $1.7M | $239K | 20x | 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 |
| Hibachi XRP/USDT-P | +0.140% | +0.0296% | 1h | $20K | $30K | 7x | as long as short |
| Hyperliquid XRP | +0.141% | +0.0903% | 1h | $269.3M | $149.0M | 20x | as long as short |