Spread before costs (cost unknown: a leg has no order-book sample)+0.001%
7d average−0.017%if it closes, per $10,000$0funding while held, a day+$9.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XRP/USD [ETH-USDC] | 1.5063 | L −0.0206% / S +0.0292% | get 0.0026% / 1h | 47m 06s | $1.6M | — | 200x |
| Short | Paradex XRP-USD-PERP | 1.5063 | 0.0100 | get 0.0100% / 8h | 5h 47m | $471K | $54K | 50x |
GMX XRP/USD [ETH-USDC]
Paradex XRP-USD-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
- $0.09
- Funding while held
- $9.17
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$6.75
- Spread needed to break even
- 0.160%
Slippage unknown: GMX: no order-book sample; Paradex: live order book, 53 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0306%
- Per $10,000 a day
- +$9.17
- 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 Paradex live order book, 53 min ago | 4.36 bp | 6.4 bp −$6 | 153.9 bp −$1,539 | doesn't fit | 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
Bulk1.5007+6.505%Phoenix1.5020+6.600%Aftermath Perps1.5029+6.666%Variational Omni1.5041+6.749%Hotstuff1.5043+6.764%Ondo Perps1.5046+6.785%HTX1.5051+6.819%SunX1.5052+6.827%Katana Perps1.5053+6.835%dYdX1.5054+6.839%Vest1.5054+6.841%edgeX1.5054+6.841%Kalshi1.5055+6.849%Nado1.5056+6.859%ApeX Omni1.5057+6.863%Polymarket Perps1.5057+6.863%Arcus1.5058+6.870%Reya1.5059+6.877%01 Exchange1.5059+6.877%BloFin1.5059+6.877%Pacifica1.5059+6.878%Bullet1.5060+6.884%RISEx1.5061+6.890%Phemex1.5062+6.899%
Injective
Bulk
Phoenix
Variational Omni
Hotstuff
Ondo Perps
HTX
SunX
Katana Perps
dYdX
Vest
Nado
ApeX Omni
Polymarket Perps
Arcus
Reya
BloFin
Pacifica
Bullet
RISEx
PhemexGMX1.5063+6.904%
Paradex1.5063+6.905%
Orderly1.5063+6.906%Hibachi1.5065+6.917%Derive1.5065+6.919%gTrade (Gains Network)1.5065+6.920%Extended1.5067+6.932%SoDEX1.5067+6.934%Aevo1.5068+6.940%Deribit1.5068+6.941%Aster1.5069+6.948%Bitget1.5069+6.948%Kraken Futures1.5070+6.954%Lighter RH1.5070+6.955%KuCoin1.5070+6.955%Gate1.5071+6.962%MEXC1.5071+6.962%Lighter1.5071+6.964%BingX1.5072+6.969%Coinbase International1.5074+6.984%OKX1.5077+7.005%Backpack1.5081+7.033%Bybit1.5082+7.040%Hyperliquid1.5088+7.083%Binance1.5090+7.097%
Orderly
Hibachi
Derive
gTrade (Gains Network)
Extended
SoDEX
Aevo
Deribit
Aster
Bitget
Kraken Futures
Lighter RH
KuCoin
Gate
MEXC
Lighter
BingX
Coinbase International
OKX
Backpack
Bybit
Hyperliquid
BinanceXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −6.458% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Bulk XRP-USD | −0.374% | +0.0100% | 1h | $1.6M | $259K | 20x | as long as short |
| Phoenix XRP | −0.284% | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
| Aftermath Perps XRPUSD | −0.223% | +0.0492% | 1h | $1K | $9K | 10x | as long as short |
| Variational Omni XRP | −0.145% | +0.0100% | 8h | $5.2M | $18.6M | — | as long as short |
| Hotstuff XRP-PERP | −0.131% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Ondo Perps XRP-USD.P | −0.111% | +0.0100% | 1h | $562K | $47K | 5x | as long as short |
| HTX XRP-USDT | −0.080% | +0.0100% | 8h | $49.6M | $13.3M | 75x | as long as short |
| SunX XRP-USDT | −0.072% | +0.0100% | 8h | $126K | $1.7M | 30x | as long as short |
| Katana Perps XRP-USD | −0.065% | +0.0100% | 8h | $11K | $257K | 20x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX XRP-USD | −0.061% | 0.0000% | 1h | $1.1M | $96K | 10x | as long as short |
| Vest XRP-PERP | −0.059% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| edgeX XRPUSDC | −0.059% | +0.0100% | 4h | $654K | $86.3M | 30x | as long as short |
| Kalshi KXXRPPERP | −0.052% | +0.0163% | 8h | $1.7M | $32.4M | 2.9x | as long as short |
| Nado XRP-PERP | −0.042% | +0.0100% | 1h | $1.1M | $4.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | −0.038% | +0.0100% | 1h | $998K | $780K | 50x | as long as short |
| Polymarket Perps XRP-USD | −0.038% | +0.0100% | 1h | $64K | $398K | 20x | as long as short |
| Arcus XRP-USD | −0.032% | +0.0100% | 1h | $116K | $571K | 20x | as long as short |
| Reya XRPRUSDPERP | −0.025% | +0.0208% | 1h | $1.3M | $12K | 15x | as long as short |
| 01 Exchange XRPUSD | −0.025% | +0.0160% | 1h | $8K | $8K | 10x | as long as short |
| BloFin XRP-USDT | −0.025% | +0.0220% | 8h | $23.5M | $57.8M | 125x | as long as short |
| Pacifica XRP | −0.025% | +0.0100% | 1h | $665K | $1.0M | 20x | as long as short |
| Bullet XRP-USD | −0.019% | +0.0100% | 1h | $41K | $59K | 20x | as long as short |
| RISEx XRP/USDC | −0.013% | +0.0465% | 1h | $388K | $463K | 10x | as long as short |
| Phemex XRPUSDT | −0.005% | +0.0100% | 8h | $54.7M | $25.8M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC]long | 0.000% | L −0.0206% / S +0.0292% | 1h | $1.6M | — | 200x | |
| Paradex XRP-USD-PERPshort | +0.001% | +0.0100% | 8h | $471K | $54K | 50x | |
| Orderly PERP_XRP_USDC | +0.001% | +0.0053% | 8h | $184K | $776K | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.012% | +0.0184% | 1h | $19K | $30K | 7x | as long as short |
| Derive XRP-PERP | +0.014% | +0.0100% | 1h | $811K | $65K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | +0.015% | L +0.0003% / S −0.0003% | 1h | $220K | — | 150x | as long as short |
| Extended XRP-USD | +0.026% | +0.0104% | 1h | $2.0M | $6.8M | 50x | as long as short |
| SoDEX XRP-USD | +0.028% | +0.0100% | 1h | $33K | $1.9M | 10x | as long as short |
| Aevo XRP-PERP | +0.034% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.035% | 0.0000% | 1h | $8.7M | $20.7M | 50x | as long as short |
| Aster XRPUSDT | +0.041% | +0.0100% | 8h | $38.1M | $67.1M | 100x | as long as short |
| Bitget XRPUSDT | +0.041% | +0.0100% | 8h | $259.0M | $311.2M | 125x | as long as short |
| Kraken Futures PF_XRPUSD | +0.046% | +0.0100% | 1h | $16.9M | $46.2M | 50x | as long as short |
| Lighter RH XRP | +0.048% | +0.0096% | 1h | $524K | $2.3M | 20x | as long as short |
| KuCoin XRPUSDTM | +0.048% | +0.0100% | 8h | $110.1M | $132.6M | 75x | as long as short |
| Gate XRP_USDT | +0.055% | +0.0100% | 8h | $352.4M | $124.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.055% | +0.0100% | 8h | $296.9M | $723.8M | 300x | as long as short |
| Lighter XRP | +0.056% | +0.0096% | 1h | $2.9M | $9.6M | 20x | as long as short |
| BingX XRP-USDT | +0.061% | +0.0100% | 8h | — | $98.7M | — | as long as short |
| Coinbase International XRP-PERP-INTX | +0.074% | +0.0216% | 1h | $5.1M | $38.4M | 50x | as long as short |
| OKX XRP-USDT-SWAP | +0.094% | +0.0100% | 8h | $127.2M | $784.1M | 100x | as long as short |
| Backpack XRP_USDC_PERP | +0.121% | +0.0154% | 1h | $1.6M | $885K | 25x | as long as short |
| Bybit XRPUSDT | +0.128% | +0.0100% | 8h | $333.7M | $746.6M | 100x | as long as short |
| Hyperliquid XRP | +0.167% | +0.0518% | 1h | $273.0M | $154.1M | 20x | as long as short |
| Binance XRPUSDT | +0.181% | +0.0100% | 8h | $538.3M | $1.69B | 100x | as long as short |