Spread before costs (cost unknown: a leg has no order-book sample)+0.004%
7d average—if it closes, per $10,000$0funding while held, a day+$9.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XRP/USD [ETH-USDC] | 1.5016 | L −0.0205% / S +0.0292% | get 0.0026% / 1h | 42m 27s | $1.6M | — | 200x |
| Short | Bullet XRP-USD | 1.5017 | 0.0100 | get 0.0013% / 1h | 42m 27s | $42K | $58K | 20x |
GMX XRP/USD [ETH-USDC]
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
- $0.36
- Funding while held
- $9.16
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$10.48
- Spread needed to break even
- 0.200%
Slippage unknown: GMX: no order-book sample; Bullet: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0305%
- Per $10,000 a day
- +$9.16
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Bullet no order-book sample | — | — | — | — | — |
GMX and 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
Bulk1.4951+6.113%Variational Omni1.4964+6.204%Hibachi1.4968+6.232%ApeX Omni1.4973+6.267%Ondo Perps1.4976+6.288%edgeX1.4979+6.311%Aftermath Perps1.4983+6.338%Phoenix1.4990+6.388%HTX1.5002+6.474%Nado1.5006+6.505%SoDEX1.5007+6.508%Deribit1.5011+6.537%Aevo1.5012+6.543%Kraken Futures1.5013+6.548%BloFin1.5013+6.551%Derive1.5014+6.555%Orderly1.5015+6.565%Phemex1.5016+6.572%
Injective
Bulk
Variational Omni
Hibachi
ApeX Omni
Ondo Perps
Phoenix
HTX
Nado
SoDEX
Deribit
Aevo
Kraken Futures
BloFin
Derive
Orderly
PhemexGMX1.5016+6.575%
Bullet1.5017+6.579%
SunX1.5017+6.583%gTrade (Gains Network)1.5019+6.591%Vest1.5019+6.592%Reya1.5020+6.597%Kalshi1.5021+6.608%OKX1.5023+6.622%Coinbase International1.5023+6.622%Bybit1.5027+6.650%Backpack1.5027+6.650%Katana Perps1.5028+6.657%Gate1.5028+6.657%Extended1.5029+6.662%Bitget1.5029+6.664%MEXC1.5031+6.678%dYdX1.5032+6.684%BingX1.5032+6.686%Aster1.5032+6.688%Binance1.5032+6.688%Arcus1.5033+6.693%Hotstuff1.5034+6.700%Lighter1.5035+6.707%Polymarket Perps1.5036+6.714%KuCoin1.5036+6.715%Pacifica1.5036+6.717%Paradex1.5037+6.724%Lighter RH1.5039+6.735%RISEx1.5041+6.753%01 Exchange1.5043+6.764%Hyperliquid1.5045+6.778%
SunX
gTrade (Gains Network)
Vest
Reya
OKX
Coinbase International
Bybit
Backpack
Katana Perps
Gate
Extended
Bitget
MEXC
dYdX
BingX
Aster
Binance
Arcus
Hotstuff
Lighter
Polymarket Perps
KuCoin
Pacifica
Paradex
Lighter RH
RISEx
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 | −6.169% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Bulk XRP-USD | −0.433% | +0.0100% | 1h | $1.6M | $282K | 20x | as long as short |
| Variational Omni XRP | −0.348% | +0.0100% | 8h | $5.3M | $17.7M | — | as long as short |
| Hibachi XRP/USDT-P | −0.322% | +0.0192% | 1h | $19K | $30K | 7x | as long as short |
| ApeX Omni XRPUSDT | −0.289% | +0.0100% | 1h | $1.0M | $816K | 50x | as long as short |
| Ondo Perps XRP-USD.P | −0.269% | +0.0100% | 1h | $559K | $48K | 5x | as long as short |
| edgeX XRPUSDC | −0.247% | +0.0100% | 4h | $681K | $85.9M | 30x | as long as short |
| Aftermath Perps XRPUSD | −0.222% | +0.0697% | 1h | $1K | $9K | 10x | as long as short |
| Phoenix XRP | −0.176% | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
| HTX XRP-USDT | −0.095% | +0.0100% | 8h | $49.5M | $13.3M | 75x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | −0.066% | +0.0100% | 1h | $1.1M | $4.9M | 20x | as long as short |
| SoDEX XRP-USD | −0.063% | +0.0100% | 1h | $30K | $2.0M | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | −0.036% | 0.0000% | 1h | $8.3M | $19.9M | 50x | as long as short |
| Aevo XRP-PERP | −0.030% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| Kraken Futures PF_XRPUSD | −0.026% | +0.0216% | 1h | $17.4M | $42.3M | 50x | as long as short |
| BloFin XRP-USDT | −0.023% | +0.0220% | 8h | $23.4M | $57.2M | 125x | as long as short |
| Derive XRP-PERP | −0.019% | +0.0100% | 1h | $809K | $67K | 10x | as long as short |
| Orderly PERP_XRP_USDC | −0.009% | +0.0051% | 8h | $188K | $737K | 50x | as long as short |
| Phemex XRPUSDT | −0.003% | +0.0100% | 8h | $54.0M | $25.9M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC]long | 0.000% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | |
| Bullet XRP-USDshort | +0.004% | +0.0100% | 1h | $42K | $58K | 20x | |
| SunX XRP-USDT | +0.007% | +0.0100% | 8h | $126K | $1.7M | 30x | as long as short |
| gTrade (Gains Network) XRP/USD | +0.015% | L +0.0003% / S −0.0003% | 1h | $219K | — | 150x | as long as short |
| Vest XRP-PERP | +0.016% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.021% | +0.0206% | 1h | $1.3M | $15K | 15x | as long as short |
| Kalshi KXXRPPERP | +0.030% | +0.0193% | 8h | $1.8M | $33.5M | 2.9x | as long as short |
| OKX XRP-USDT-SWAP | +0.044% | +0.0100% | 8h | $125.9M | $767.2M | 100x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.044% | +0.0240% | 1h | $5.5M | $37.1M | 50x | as long as short |
| Bybit XRPUSDT | +0.070% | +0.0100% | 8h | $334.0M | $754.9M | 100x | as long as short |
| Backpack XRP_USDC_PERP | +0.070% | +0.0223% | 1h | $1.7M | $920K | 25x | as long as short |
| Katana Perps XRP-USD | +0.077% | +0.0100% | 8h | $11K | $227K | 20x | as long as short |
| Gate XRP_USDT | +0.077% | +0.0100% | 8h | $359.3M | $119.8M | 100x | as long as short |
| Extended XRP-USD | +0.081% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| Bitget XRPUSDT | +0.084% | +0.0100% | 8h | $258.2M | $310.6M | 125x | as long as short |
| MEXC XRP_USDT | +0.097% | +0.0100% | 8h | $296.8M | $733.5M | 300x | as long as short |
| dYdX XRP-USD | +0.102% | 0.0000% | 1h | $1.1M | $103K | 10x | as long as short |
| BingX XRP-USDC | +0.104% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Aster XRPUSDT | +0.106% | +0.0100% | 8h | $38.2M | $65.7M | 100x | as long as short |
| Binance XRPUSDT | +0.106% | +0.0100% | 8h | $530.2M | $1.66B | 100x | as long as short |
| Arcus XRP-USD | +0.110% | +0.0100% | 1h | $117K | $592K | 20x | as long as short |
| Hotstuff XRP-PERP | +0.117% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Lighter XRP | +0.124% | +0.0096% | 1h | $2.9M | $9.1M | 20x | as long as short |
| Polymarket Perps XRP-USD | +0.130% | +0.0100% | 1h | $62K | $384K | 20x | as long as short |
| KuCoin XRPUSDTM | +0.131% | +0.0100% | 8h | $113.9M | $137.6M | 75x | as long as short |
| Pacifica XRP | +0.133% | +0.0100% | 1h | $633K | $1.0M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.140% | +0.0100% | 8h | $470K | $54K | 50x | as long as short |
| Lighter RH XRP | +0.150% | +0.0096% | 1h | $578K | $2.0M | 20x | as long as short |
| RISEx XRP/USDC | +0.167% | +0.0621% | 1h | $397K | $421K | 10x | as long as short |
| 01 Exchange XRPUSD | +0.177% | +0.0200% | 1h | $8K | $8K | 10x | as long as short |
| Hyperliquid XRP | +0.190% | +0.0586% | 1h | $265.4M | $158.4M | 20x | as long as short |