Spread before costs (cost unknown: a leg has no order-book sample)−0.034%
7d average—if it closes, per $10,000$3funding while held, a day+$2.90
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XRP/USD | 1.4970 | L +0.0003% / S −0.0003% | pay 0.0000% / 1h | 25m 42s | $218K | — | 150x |
| Short | Vest XRP-PERP | 1.4965 | 0.0100 | get 0.0013% / 1h | 25m 42s | — | $9K | 10x |
gTrade (Gains Network) XRP/USD
Vest 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
- −$3.39
- Funding while held
- $2.9
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$12.49
- Spread needed to break even
- 0.120%
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 15 min ago; Vest: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0097%
- Per $10,000 a day
- +$2.90
- 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 gTrade (Gains Network) virtual book (oracle venue), 15 min ago | 130.01 bp | 135.0 bp −$135 | 208.0 bp −$2,080 | 1906.1 bp −$190.6K | 9819.7 bp −$4.91M |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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
Bulk1.4951+6.112%HTX1.4953+6.122%Variational Omni1.4956+6.148%ApeX Omni1.4958+6.160%OKX1.4959+6.167%Bitget1.4959+6.167%edgeX1.4959+6.169%KuCoin1.4959+6.169%Extended1.4960+6.173%Bybit1.4960+6.175%Gate1.4961+6.182%MEXC1.4961+6.182%Ondo Perps1.4962+6.189%BingX1.4962+6.189%BloFin1.4962+6.189%Binance1.4963+6.195%Aftermath Perps1.4964+6.201%
Injective
Bulk
HTX
Variational Omni
ApeX Omni
OKX
Bitget
KuCoin
Extended
Bybit
Gate
MEXC
Ondo Perps
BingX
BloFin
BinanceVest1.4965+6.212%
Pacifica1.4965+6.213%Hotstuff1.4966+6.217%Reya1.4966+6.219%Lighter1.4966+6.220%Bullet1.4966+6.220%dYdX1.4967+6.222%Orderly1.4967+6.224%GMX1.4968+6.230%Lighter RH1.4968+6.231%Arcus1.4968+6.231%Katana Perps1.4968+6.231%SoDEX1.4968+6.231%Phemex1.4968+6.231%Aster1.4968+6.235%Derive1.4969+6.241%Nado1.4969+6.242%01 Exchange1.4970+6.246%Polymarket Perps1.4970+6.246%Phoenix1.4970+6.246%
Pacifica
Hotstuff
Reya
Lighter
Bullet
dYdX
Orderly
GMX
Lighter RH
Arcus
Katana Perps
SoDEX
Phemex
Aster
Derive
Nado
Polymarket Perps
PhoenixgTrade (Gains Network)1.4970+6.248%
Aevo1.4971+6.250%Deribit1.4971+6.253%Paradex1.4971+6.254%Kraken Futures1.4972+6.257%SunX1.4972+6.260%RISEx1.4973+6.269%Kalshi1.4974+6.274%Coinbase International1.4976+6.288%Hyperliquid1.4979+6.309%Backpack1.4981+6.324%Hibachi1.4983+6.341%
Aevo
Deribit
Paradex
Kraken Futures
SunX
RISEx
Coinbase International
Hyperliquid
Backpack
HibachiXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −5.880% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Bulk XRP-USD | −0.128% | +0.0100% | 1h | $1.6M | $257K | 20x | as long as short |
| HTX XRP-USDT | −0.118% | +0.0100% | 8h | $49.3M | $13.2M | 75x | as long as short |
| Variational Omni XRP | −0.093% | +0.0100% | 8h | $5.1M | $18.6M | — | as long as short |
| ApeX Omni XRPUSDT | −0.082% | +0.0100% | 1h | $995K | $717K | 50x | as long as short |
| OKX XRP-USDT-SWAP | −0.075% | +0.0100% | 8h | $127.5M | $763.4M | 100x | as long as short |
| Bitget XRPUSDT | −0.075% | +0.0100% | 8h | $257.3M | $308.9M | 125x | as long as short |
| edgeX XRPUSDC | −0.074% | +0.0100% | 4h | $650K | $85.3M | 30x | as long as short |
| KuCoin XRPUSDTM | −0.074% | +0.0100% | 8h | $113.0M | $131.0M | 75x | as long as short |
| Extended XRP-USD | −0.071% | +0.0104% | 1h | $2.0M | $6.9M | 50x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit XRPUSDT | −0.069% | +0.0100% | 8h | $332.3M | $734.8M | 100x | as long as short |
| Gate XRP_USDT | −0.062% | +0.0100% | 8h | $346.2M | $124.8M | 100x | as long as short |
| MEXC XRP_USDT | −0.062% | +0.0100% | 8h | $295.1M | $734.2M | 300x | as long as short |
| Ondo Perps XRP-USD.P | −0.055% | +0.0100% | 1h | $559K | $47K | 5x | as long as short |
| BingX XRP-USDC | −0.055% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| BloFin XRP-USDT | −0.055% | +0.0220% | 8h | $23.6M | $57.0M | 125x | as long as short |
| Binance XRPUSDT | −0.050% | +0.0100% | 8h | $532.2M | $1.66B | 100x | as long as short |
| Aftermath Perps XRPUSD | −0.044% | +0.0490% | 1h | $1K | $9K | 10x | as long as short |
| Vest XRP-PERPshort | −0.034% | +0.0100% | 1h | — | $9K | 10x | |
| Pacifica XRP | −0.032% | +0.0100% | 1h | $660K | $1.0M | 20x | as long as short |
| Hotstuff XRP-PERP | −0.029% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Reya XRPRUSDPERP | −0.027% | +0.0207% | 1h | $1.3M | $15K | 15x | as long as short |
| Lighter XRP | −0.026% | +0.0096% | 1h | $2.9M | $9.4M | 20x | as long as short |
| Bullet XRP-USD | −0.026% | +0.0100% | 1h | $40K | $57K | 20x | as long as short |
| dYdX XRP-USD | −0.024% | 0.0000% | 1h | $1.1M | $94K | 10x | as long as short |
| Orderly PERP_XRP_USDC | −0.022% | +0.0048% | 8h | $184K | $774K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | −0.016% | L −0.0208% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| Lighter RH XRP | −0.015% | +0.0096% | 1h | $454K | $2.2M | 20x | as long as short |
| Arcus XRP-USD | −0.015% | +0.0100% | 1h | $116K | $567K | 20x | as long as short |
| Katana Perps XRP-USD | −0.015% | +0.0100% | 8h | $11K | $239K | 20x | as long as short |
| SoDEX XRP-USD | −0.015% | +0.0100% | 1h | $31K | $1.9M | 10x | as long as short |
| Phemex XRPUSDT | −0.015% | +0.0100% | 8h | $54.2M | $26.2M | 50x | as long as short |
| Aster XRPUSDT | −0.012% | +0.0100% | 8h | $38.1M | $66.4M | 100x | as long as short |
| Derive XRP-PERP | −0.006% | +0.0100% | 1h | $806K | $65K | 10x | as long as short |
| Nado XRP-PERP | −0.005% | +0.0100% | 1h | $1.1M | $4.8M | 20x | as long as short |
| 01 Exchange XRPUSD | −0.002% | +0.0144% | 1h | $8K | $8K | 10x | as long as short |
| Polymarket Perps XRP-USD | −0.002% | +0.0100% | 1h | $64K | $383K | 20x | as long as short |
| Phoenix XRP | −0.002% | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
| gTrade (Gains Network) XRP/USDlong | 0.000% | L +0.0003% / S −0.0003% | 1h | $218K | — | 150x | |
| Aevo XRP-PERP | +0.003% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.005% | 0.0000% | 1h | $8.7M | $20.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.006% | +0.0100% | 8h | $468K | $54K | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.009% | +0.0163% | 1h | $16.5M | $43.5M | 50x | as long as short |
| SunX XRP-USDT | +0.011% | +0.0100% | 8h | $126K | $1.6M | 30x | as long as short |
| RISEx XRP/USDC | +0.020% | +0.0490% | 1h | $388K | $450K | 10x | as long as short |
| Kalshi KXXRPPERP | +0.025% | +0.0167% | 8h | $1.7M | $32.6M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.038% | +0.0240% | 1h | $5.1M | $37.5M | 50x | as long as short |
| Hyperliquid XRP | +0.058% | +0.0277% | 1h | $264.3M | $150.7M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.071% | +0.0100% | 1h | $1.6M | $859K | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.087% | +0.0080% | 1h | $19K | $30K | 7x | as long as short |