Spread before costs (cost unknown: a leg has no order-book sample)+0.046%
7d average−0.004%if it closes, per $10,000$5funding while held, a day+$6.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XRP/USD [ETH-USDC] | 1.5014 | L −0.0205% / S +0.0292% | get 0.0026% / 1h | 54m 25s | $1.6M | — | 200x |
| Short | Deribit XRP_USDC-PERPETUAL | 1.5021 | 0 | get 0.0000% / 1h | 54m 25s | $8.6M | $20.7M | 50x |
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUALPrice 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
- $4.6
- Funding while held
- $6.16
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$8.23
- Spread needed to break even
- 0.190%
Slippage unknown: GMX: no order-book sample; Deribit: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0205%
- Per $10,000 a day
- +$6.16
- 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 Deribit live order book, 1 min ago | 1.00 bp | 4.9 bp −$5 | 7.1 bp −$71 | 97.2 bp −$9,717 | doesn't fit |
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
Ondo Perps1.4934+5.990%Variational Omni1.4940+6.036%edgeX1.4947+6.081%Phoenix1.4950+6.104%ApeX Omni1.4951+6.111%Aftermath Perps1.4958+6.163%HTX1.4981+6.324%Hotstuff1.4990+6.388%SoDEX1.4991+6.395%BloFin1.4991+6.395%Hibachi1.4992+6.403%Phemex1.4993+6.409%Kraken Futures1.4995+6.425%Coinbase International1.4996+6.430%SunX1.4997+6.436%dYdX1.5000+6.458%Kalshi1.5000+6.458%Extended1.5000+6.461%Backpack1.5001+6.466%Nado1.5004+6.483%Vest1.5004+6.487%KuCoin1.5004+6.490%Lighter RH1.5005+6.494%Bulk1.5007+6.505%Pacifica1.5007+6.508%Aster1.5007+6.508%Arcus1.5007+6.508%Gate1.5010+6.529%Lighter1.5010+6.530%Katana Perps1.5011+6.537%Reya1.5014+6.555%Bullet1.5014+6.557%MEXC1.5014+6.558%RISEx1.5014+6.558%
Injective
Ondo Perps
Variational Omni
Phoenix
ApeX Omni
HTX
Hotstuff
SoDEX
BloFin
Hibachi
Phemex
Kraken Futures
Coinbase International
SunX
dYdX
Extended
Backpack
Nado
Vest
KuCoin
Lighter RH
Bulk
Pacifica
Aster
Arcus
Gate
Lighter
Katana Perps
Reya
Bullet
MEXC
RISExGMX1.5014+6.558%
Bitget1.5015+6.565%BingX1.5015+6.565%Polymarket Perps1.5015+6.565%gTrade (Gains Network)1.5015+6.565%Orderly1.5016+6.572%Derive1.5016+6.573%Binance1.5016+6.573%Paradex1.5017+6.576%01 Exchange1.5017+6.579%Bybit1.5019+6.593%OKX1.5019+6.593%Aevo1.5020+6.597%
Bitget
BingX
Polymarket Perps
gTrade (Gains Network)
Orderly
Derive
Binance
Paradex
Bybit
OKX
AevoDeribit1.5021+6.608%
Hyperliquid1.5028+6.657%
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 | −6.155% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Ondo Perps XRP-USD.P | −0.533% | +0.0100% | 1h | $558K | $47K | 5x | as long as short |
| Variational Omni XRP | −0.490% | +0.0100% | 8h | $5.2M | $18.7M | — | as long as short |
| edgeX XRPUSDC | −0.448% | +0.0100% | 4h | $650K | $85.4M | 30x | as long as short |
| Phoenix XRP | −0.427% | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
| ApeX Omni XRPUSDT | −0.420% | +0.0100% | 1h | $995K | $762K | 50x | as long as short |
| Aftermath Perps XRPUSD | −0.371% | +0.0485% | 1h | $1K | $9K | 10x | as long as short |
| HTX XRP-USDT | −0.220% | +0.0100% | 8h | $49.4M | $13.2M | 75x | as long as short |
| Hotstuff XRP-PERP | −0.160% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| SoDEX XRP-USD | −0.154% | +0.0100% | 1h | $31K | $1.9M | 10x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin XRP-USDT | −0.154% | +0.0220% | 8h | $23.6M | $57.1M | 125x | as long as short |
| Hibachi XRP/USDT-P | −0.146% | +0.0152% | 1h | $19K | $30K | 7x | as long as short |
| Phemex XRPUSDT | −0.140% | +0.0100% | 8h | $54.5M | $25.7M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | −0.125% | +0.0100% | 1h | $17.0M | $45.7M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | −0.120% | +0.0216% | 1h | $5.1M | $38.0M | 50x | as long as short |
| SunX XRP-USDT | −0.114% | +0.0100% | 8h | $125K | $1.7M | 30x | as long as short |
| dYdX XRP-USD | −0.095% | 0.0000% | 1h | $1.1M | $96K | 10x | as long as short |
| Kalshi KXXRPPERP | −0.094% | +0.0157% | 8h | $1.7M | $32.4M | 2.9x | as long as short |
| Extended XRP-USD | −0.091% | +0.0104% | 1h | $2.0M | $6.7M | 50x | as long as short |
| Backpack XRP_USDC_PERP | −0.087% | +0.0157% | 1h | $1.6M | $875K | 25x | as long as short |
| Nado XRP-PERP | −0.071% | +0.0100% | 1h | $1.1M | $4.8M | 20x | as long as short |
| Vest XRP-PERP | −0.067% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| KuCoin XRPUSDTM | −0.065% | +0.0100% | 8h | $112.3M | $130.9M | 75x | as long as short |
| Lighter RH XRP | −0.061% | +0.0096% | 1h | $444K | $2.2M | 20x | as long as short |
| Bulk XRP-USD | −0.051% | +0.0100% | 1h | $1.6M | $259K | 20x | as long as short |
| Pacifica XRP | −0.048% | +0.0100% | 1h | $662K | $1.0M | 20x | as long as short |
| Aster XRPUSDT | −0.048% | +0.0100% | 8h | $37.9M | $66.9M | 100x | as long as short |
| Arcus XRP-USD | −0.047% | +0.0100% | 1h | $117K | $566K | 20x | as long as short |
| Gate XRP_USDT | −0.027% | +0.0100% | 8h | $348.0M | $123.1M | 100x | as long as short |
| Lighter XRP | −0.027% | +0.0096% | 1h | $2.9M | $9.5M | 20x | as long as short |
| Katana Perps XRP-USD | −0.021% | +0.0100% | 8h | $11K | $245K | 20x | as long as short |
| Reya XRPRUSDPERP | −0.003% | +0.0207% | 1h | $1.3M | $12K | 15x | as long as short |
| Bullet XRP-USD | −0.001% | +0.0100% | 1h | $41K | $58K | 20x | as long as short |
| MEXC XRP_USDT | −0.001% | +0.0100% | 8h | $300.1M | $719.0M | 300x | as long as short |
| RISEx XRP/USDC | 0.000% | +0.0465% | 1h | $388K | $461K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC]long | 0.000% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | |
| Bitget XRPUSDT | +0.006% | +0.0100% | 8h | $257.9M | $310.2M | 125x | as long as short |
| BingX XRP-USDC | +0.006% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Polymarket Perps XRP-USD | +0.006% | +0.0100% | 1h | $64K | $397K | 20x | as long as short |
| gTrade (Gains Network) XRP/USD | +0.006% | L +0.0003% / S −0.0003% | 1h | $219K | — | 150x | as long as short |
| Orderly PERP_XRP_USDC | +0.013% | +0.0052% | 8h | $185K | $774K | 50x | as long as short |
| Derive XRP-PERP | +0.013% | +0.0100% | 1h | $809K | $65K | 10x | as long as short |
| Binance XRPUSDT | +0.013% | +0.0100% | 8h | $533.5M | $1.67B | 100x | as long as short |
| Paradex XRP-USD-PERP | +0.016% | +0.0100% | 8h | $470K | $54K | 50x | as long as short |
| 01 Exchange XRPUSD | +0.019% | +0.0136% | 1h | $8K | $8K | 10x | as long as short |
| Bybit XRPUSDT | +0.033% | +0.0100% | 8h | $332.3M | $741.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.033% | +0.0100% | 8h | $124.9M | $774.2M | 100x | as long as short |
| Aevo XRP-PERP | +0.037% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| Deribit XRP_USDC-PERPETUALshort | +0.046% | 0.0000% | 1h | $8.6M | $20.7M | 50x | |
| Hyperliquid XRP | +0.093% | +0.0356% | 1h | $268.5M | $151.5M | 20x | as long as short |