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+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XRP_USDT | 1.4977 | 0.0100 | pay 0.0100% / 8h | 43m 33s | $357.1M | $119.7M | 100x |
| Short | Bullet XRP-USD | 1.4974 | 0.0100 | get 0.0013% / 1h | 43m 33s | $41K | $55K | 20x |
Gate XRP_USDT
Bullet XRP-USDPrice 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
- −$1.75
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$24.75
- Spread needed to break even
- 0.230%
Slippage unknown: Gate: live order book, 2 min ago; Bullet: no order-book sample. 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 Gate live order book, 2 min ago | 0.33 bp | 11.5 bp −$11 | 17.4 bp −$174 | 28.8 bp −$2,880 | 38.8 bp −$19.4K |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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
OKX1.4967+6.224%Bitget1.4968+6.231%Reya1.4968+6.233%Bybit1.4971+6.253%Binance1.4972+6.260%
Injective
OKX
Bitget
Reya
Bybit
BinanceBullet1.4974+6.277%
Polymarket Perps1.4975+6.281%01 Exchange1.4976+6.288%BingX1.4976+6.288%KuCoin1.4976+6.290%Extended1.4976+6.290%
Polymarket Perps
BingX
KuCoin
ExtendedGate1.4977+6.295%
gTrade (Gains Network)1.4977+6.295%Vest1.4978+6.300%MEXC1.4978+6.302%dYdX1.4980+6.313%Aster1.4980+6.314%Pacifica1.4980+6.317%Katana Perps1.4981+6.324%Arcus1.4984+6.345%Paradex1.4985+6.350%Lighter1.4985+6.355%Lighter RH1.4986+6.359%HTX1.4987+6.368%RISEx1.4988+6.370%Hyperliquid1.4991+6.395%Backpack1.4993+6.409%Orderly1.4993+6.409%Phemex1.4994+6.416%Nado1.4994+6.419%Deribit1.4995+6.423%Aevo1.4995+6.423%SoDEX1.4996+6.430%Derive1.4996+6.433%Kraken Futures1.4998+6.447%SunX1.4999+6.449%GMX1.4999+6.454%Hotstuff1.5006+6.501%ApeX Omni1.5007+6.508%Coinbase International1.5007+6.508%edgeX1.5009+6.521%Phoenix1.5010+6.529%Hibachi1.5013+6.550%BloFin1.5014+6.558%Aftermath Perps1.5014+6.561%Variational Omni1.5020+6.599%Ondo Perps1.5021+6.608%Kalshi1.5022+6.615%Bulk1.5027+6.650%
gTrade (Gains Network)
Vest
MEXC
dYdX
Aster
Pacifica
Katana Perps
Arcus
Paradex
Lighter
Lighter RH
HTX
RISEx
Hyperliquid
Backpack
Orderly
Phemex
Nado
Deribit
Aevo
SoDEX
Derive
Kraken Futures
SunX
GMX
Hotstuff
ApeX Omni
Coinbase International
Phoenix
Hibachi
BloFin
Variational Omni
Ondo Perps
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 | −5.922% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| OKX XRP-USDT-SWAP | −0.067% | +0.0100% | 8h | $124.4M | $754.1M | 100x | as long as short |
| Bitget XRPUSDT | −0.060% | +0.0100% | 8h | $256.8M | $303.2M | 125x | as long as short |
| Reya XRPRUSDPERP | −0.059% | +0.0205% | 1h | $1.3M | $15K | 15x | as long as short |
| Bybit XRPUSDT | −0.040% | +0.0100% | 8h | $333.4M | $740.2M | 100x | as long as short |
| Binance XRPUSDT | −0.033% | +0.0100% | 8h | $532.4M | $1.63B | 100x | as long as short |
| Bullet XRP-USDshort | −0.018% | +0.0100% | 1h | $41K | $55K | 20x | |
| Polymarket Perps XRP-USD | −0.013% | +0.0100% | 1h | $62K | $378K | 20x | as long as short |
| 01 Exchange XRPUSD | −0.007% | +0.0152% | 1h | $8K | $8K | 10x | as long as short |
| BingX XRP-USDC | −0.007% | +0.0100% | 8h | — | $3.6M | — | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin XRPUSDTM | −0.005% | +0.0100% | 8h | $115.3M | $143.3M | 75x | as long as short |
| Extended XRP-USD | −0.004% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| Gate XRP_USDTlong | 0.000% | +0.0100% | 8h | $357.1M | $119.7M | 100x | |
| gTrade (Gains Network) XRP/USD | 0.000% | L +0.0003% / S −0.0003% | 1h | $209K | — | 150x | as long as short |
| Vest XRP-PERP | +0.005% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| MEXC XRP_USDT | +0.007% | +0.0100% | 8h | $285.3M | $708.6M | 300x | as long as short |
| dYdX XRP-USD | +0.017% | 0.0000% | 1h | $1.1M | $107K | 10x | as long as short |
| Aster XRPUSDT | +0.018% | +0.0100% | 8h | $38.0M | $65.4M | 100x | as long as short |
| Pacifica XRP | +0.020% | +0.0100% | 1h | $635K | $982K | 20x | as long as short |
| Katana Perps XRP-USD | +0.027% | +0.0100% | 8h | $13K | $221K | 20x | as long as short |
| Arcus XRP-USD | +0.047% | +0.0100% | 1h | $117K | $594K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.051% | +0.0100% | 8h | $469K | $54K | 50x | as long as short |
| Lighter XRP | +0.056% | +0.0096% | 1h | $2.9M | $7.4M | 20x | as long as short |
| Lighter RH XRP | +0.060% | +0.0096% | 1h | $475K | $1.9M | 20x | as long as short |
| HTX XRP-USDT | +0.068% | +0.0100% | 8h | $49.5M | $13.0M | 75x | as long as short |
| RISEx XRP/USDC | +0.070% | +0.0579% | 1h | $397K | $412K | 10x | as long as short |
| Hyperliquid XRP | +0.093% | +0.0870% | 1h | $267.8M | $149.6M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.107% | +0.0100% | 1h | $1.7M | $934K | 25x | as long as short |
| Orderly PERP_XRP_USDC | +0.107% | +0.0051% | 8h | $189K | $765K | 50x | as long as short |
| Phemex XRPUSDT | +0.114% | +0.0100% | 8h | $53.9M | $25.0M | 50x | as long as short |
| Nado XRP-PERP | +0.117% | +0.0100% | 1h | $1.1M | $4.7M | 20x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.120% | 0.0000% | 1h | $8.3M | $19.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.120% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| SoDEX XRP-USD | +0.127% | +0.0100% | 1h | $29K | $2.1M | 10x | as long as short |
| Derive XRP-PERP | +0.129% | +0.0100% | 1h | $808K | $68K | 10x | as long as short |
| Kraken Futures PF_XRPUSD | +0.143% | +0.0366% | 1h | $17.6M | $42.6M | 50x | as long as short |
| SunX XRP-USDT | +0.145% | +0.0100% | 8h | $126K | $1.7M | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | +0.149% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| Hotstuff XRP-PERP | +0.194% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.200% | +0.0100% | 1h | $1.2M | $723K | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.200% | +0.0224% | 1h | $5.5M | $36.0M | 50x | as long as short |
| edgeX XRPUSDC | +0.212% | −0.0112% | 4h | $682K | $83.7M | 30x | as long as short |
| Phoenix XRP | +0.220% | 0.0000% | 1h | $26K | $28K | 15x | as long as short |
| Hibachi XRP/USDT-P | +0.240% | +0.0304% | 1h | $20K | $30K | 7x | as long as short |
| BloFin XRP-USDT | +0.247% | +0.0220% | 8h | $23.5M | $55.7M | 125x | as long as short |
| Aftermath Perps XRPUSD | +0.250% | +0.0870% | 1h | $1K | $8K | 10x | as long as short |
| Variational Omni XRP | +0.286% | +0.0100% | 8h | $5.9M | $16.3M | — | as long as short |
| Ondo Perps XRP-USD.P | +0.294% | +0.0100% | 1h | $561K | $47K | 5x | as long as short |
| Kalshi KXXRPPERP | +0.300% | +0.0193% | 8h | $2.0M | $34.1M | 2.9x | as long as short |
| Bulk XRP-USD | +0.334% | +0.0100% | 1h | $1.7M | $213K | 20x | as long as short |