Spread before costs (cost unknown: a leg has no order-book sample)+0.100%
7d average−0.038%if it closes, per $10,000$10funding 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] | 1.4946 | L −0.0205% / S +0.0292% | get 0.0026% / 1h | 49m 35s | $1.6M | — | 200x |
| Short | Bybit XRPUSDT | 1.4961 | 0.0100 | get 0.0100% / 8h | 7h 49m | $333.3M | $754.0M | 100x |
GMX XRP/USD [ETH-USDC]
Bybit XRPUSDTPrice 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
- $9.96
- Funding while held
- $9.16
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$3.89
- Spread needed to break even
- 0.230%
Slippage unknown: GMX: no order-book sample; Bybit: live order book, 1 min ago. 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 Bybit live order book, 1 min ago | 0.34 bp | 5.9 bp −$6 | 7.4 bp −$74 | 13.4 bp −$1,341 | 24.3 bp −$12.1K |
GMX: 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
HTX1.4932+5.975%Ondo Perps1.4933+5.983%Orderly1.4944+6.061%SoDEX1.4945+6.068%gTrade (Gains Network)1.4946+6.072%Reya1.4946+6.075%Bullet1.4946+6.075%
Injective
HTX
Ondo Perps
Orderly
SoDEX
gTrade (Gains Network)
Reya
BulletGMX1.4946+6.076%
Aevo1.4947+6.080%Derive1.4948+6.086%Phemex1.4948+6.089%Vest1.4949+6.100%Nado1.4950+6.100%Deribit1.4950+6.104%Kraken Futures1.4950+6.104%SunX1.4953+6.128%Backpack1.4954+6.132%Aster1.4956+6.144%Bitget1.4956+6.146%Polymarket Perps1.4956+6.146%Coinbase International1.4957+6.153%BloFin1.4957+6.153%Gate1.4960+6.175%
Aevo
Derive
Phemex
Vest
Nado
Deribit
Kraken Futures
SunX
Backpack
Aster
Bitget
Polymarket Perps
Coinbase International
BloFin
GateBybit1.4961+6.182%
OKX1.4961+6.182%Hotstuff1.4961+6.182%Binance1.4962+6.190%Extended1.4962+6.192%Katana Perps1.4963+6.196%MEXC1.4963+6.196%BingX1.4963+6.196%edgeX1.4963+6.197%KuCoin1.4964+6.204%Pacifica1.4965+6.207%dYdX1.4965+6.210%ApeX Omni1.4965+6.210%Lighter1.4965+6.212%Aftermath Perps1.4966+6.214%Bulk1.4966+6.221%Lighter RH1.4967+6.224%Arcus1.4968+6.231%Variational Omni1.4972+6.258%Paradex1.4973+6.269%Hyperliquid1.4974+6.274%RISEx1.4974+6.274%01 Exchange1.4974+6.274%Kalshi1.4975+6.281%Phoenix1.4990+6.388%Hibachi1.4991+6.398%
OKX
Hotstuff
Binance
Extended
Katana Perps
MEXC
BingX
KuCoin
Pacifica
dYdX
ApeX Omni
Lighter
Bulk
Lighter RH
Arcus
Variational Omni
Paradex
Hyperliquid
RISEx
Phoenix
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 | −5.728% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| HTX XRP-USDT | −0.095% | +0.0100% | 8h | $49.3M | $13.4M | 75x | as long as short |
| Ondo Perps XRP-USD.P | −0.088% | +0.0100% | 1h | $560K | $48K | 5x | as long as short |
| Orderly PERP_XRP_USDC | −0.014% | +0.0051% | 8h | $187K | $736K | 50x | as long as short |
| SoDEX XRP-USD | −0.007% | +0.0100% | 1h | $29K | $2.0M | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | −0.003% | L +0.0003% / S −0.0003% | 1h | $218K | — | 150x | as long as short |
| Reya XRPRUSDPERP | −0.001% | +0.0206% | 1h | $1.3M | $15K | 15x | as long as short |
| Bullet XRP-USD | −0.001% | +0.0100% | 1h | $42K | $57K | 20x | as long as short |
| GMX XRP/USD [ETH-USDC]long | 0.000% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | |
| Aevo XRP-PERP | +0.003% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Derive XRP-PERP | +0.009% | +0.0100% | 1h | $805K | $68K | 10x | as long as short |
| Phemex XRPUSDT | +0.013% | +0.0100% | 8h | $53.8M | $25.9M | 50x | as long as short |
| Vest XRP-PERP | +0.022% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| Nado XRP-PERP | +0.023% | +0.0100% | 1h | $1.1M | $4.9M | 20x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.026% | 0.0000% | 1h | $8.2M | $20.0M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.026% | +0.0217% | 1h | $17.4M | $42.3M | 50x | as long as short |
| SunX XRP-USDT | +0.049% | +0.0100% | 8h | $125K | $1.7M | 30x | as long as short |
| Backpack XRP_USDC_PERP | +0.053% | +0.0204% | 1h | $1.7M | $923K | 25x | as long as short |
| Aster XRPUSDT | +0.064% | +0.0100% | 8h | $38.0M | $66.1M | 100x | as long as short |
| Bitget XRPUSDT | +0.066% | +0.0100% | 8h | $256.5M | $310.4M | 125x | as long as short |
| Polymarket Perps XRP-USD | +0.066% | +0.0100% | 1h | $62K | $384K | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.073% | +0.0240% | 1h | $5.5M | $37.0M | 50x | as long as short |
| BloFin XRP-USDT | +0.073% | +0.0220% | 8h | $23.3M | $56.9M | 125x | as long as short |
| Gate XRP_USDT | +0.093% | +0.0100% | 8h | $356.6M | $119.3M | 100x | as long as short |
| Bybit XRPUSDTshort | +0.100% | +0.0100% | 8h | $333.3M | $754.0M | 100x | |
| OKX XRP-USDT-SWAP | +0.100% | +0.0100% | 8h | $124.7M | $761.5M | 100x | as long as short |
| Hotstuff XRP-PERP | +0.100% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Binance XRPUSDT | +0.107% | +0.0100% | 8h | $526.9M | $1.66B | 100x | as long as short |
| Extended XRP-USD | +0.109% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| Katana Perps XRP-USD | +0.113% | +0.0100% | 8h | $11K | $227K | 20x | as long as short |
| MEXC XRP_USDT | +0.113% | +0.0100% | 8h | $293.2M | $729.6M | 300x | as long as short |
| BingX XRP-USDT | +0.113% | +0.0100% | 8h | — | $97.3M | — | as long as short |
| edgeX XRPUSDC | +0.114% | +0.0100% | 4h | $681K | $85.4M | 30x | as long as short |
| KuCoin XRPUSDTM | +0.121% | +0.0100% | 8h | $113.2M | $138.3M | 75x | as long as short |
| Pacifica XRP | +0.123% | +0.0100% | 1h | $630K | $1.0M | 20x | as long as short |
| dYdX XRP-USD | +0.126% | 0.0000% | 1h | $1.1M | $103K | 10x | as long as short |
| ApeX Omni XRPUSDT | +0.126% | +0.0100% | 1h | $1.0M | $816K | 50x | as long as short |
| Lighter XRP | +0.129% | +0.0096% | 1h | $2.9M | $9.1M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.130% | +0.0693% | 1h | $1K | $9K | 10x | as long as short |
| Bulk XRP-USD | +0.136% | +0.0100% | 1h | $1.7M | $215K | 20x | as long as short |
| Lighter RH XRP | +0.140% | +0.0096% | 1h | $534K | $2.0M | 20x | as long as short |
| Arcus XRP-USD | +0.146% | +0.0100% | 1h | $117K | $592K | 20x | as long as short |
| Variational Omni XRP | +0.172% | +0.0100% | 8h | $5.3M | $17.7M | — | as long as short |
| Paradex XRP-USD-PERP | +0.182% | +0.0100% | 8h | $468K | $54K | 50x | as long as short |
| Hyperliquid XRP | +0.187% | +0.0559% | 1h | $265.2M | $157.5M | 20x | as long as short |
| RISEx XRP/USDC | +0.187% | +0.0621% | 1h | $396K | $420K | 10x | as long as short |
| 01 Exchange XRPUSD | +0.187% | +0.0184% | 1h | $8K | $8K | 10x | as long as short |
| Kalshi KXXRPPERP | +0.193% | +0.0192% | 8h | $1.8M | $33.6M | 2.9x | as long as short |
| Phoenix XRP | +0.294% | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
| Hibachi XRP/USDT-P | +0.303% | +0.0216% | 1h | $19K | $30K | 7x | as long as short |