Spread before costs (cost unknown: a leg has no order-book sample)+0.194%
7d average—if it closes, per $10,000$19funding while held, a day−$3.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi XRP/USDT-P | 1.5089 | 0.0288 | pay 0.0036% / 1h | 7m 28s | $19K | $36K | 7x |
| Short | 01 Exchange XRPUSD | 1.5118 | 0.0160 | get 0.0020% / 1h | 7m 28s | $8K | $8K | 10x |
Hibachi XRP/USDT-PPrice 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
- $19.4
- Funding while held
- −$3.84
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$0.44
- Spread needed to break even
- 0.160%
Slippage unknown: Hibachi: no order-book sample; 01 Exchange: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0128%
- Per $10,000 a day
- −$3.84
- 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 Hibachi no order-book sample | — | — | — | — | — |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
Hibachi and 01 Exchange: 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
Variational Omni1.5039+6.737%edgeX1.5047+6.791%Phoenix1.5050+6.813%Bulk1.5060+6.884%HTX1.5074+6.987%BloFin1.5076+6.998%Aftermath Perps1.5077+7.003%ApeX Omni1.5080+7.026%Hotstuff1.5083+7.048%Derive1.5086+7.068%Aevo1.5087+7.073%SunX1.5088+7.080%
Injective
Variational Omni
Phoenix
Bulk
HTX
BloFin
ApeX Omni
Hotstuff
Derive
Aevo
SunXHibachi1.5089+7.088%
Ondo Perps1.5089+7.090%SoDEX1.5091+7.104%Phemex1.5093+7.119%Kraken Futures1.5093+7.121%Kalshi1.5094+7.126%Deribit1.5094+7.126%dYdX1.5099+7.163%Coinbase International1.5100+7.168%Paradex1.5104+7.198%Lighter1.5105+7.201%Vest1.5105+7.205%Backpack1.5106+7.211%Pacifica1.5106+7.214%Lighter RH1.5107+7.218%Katana Perps1.5110+7.239%Extended1.5110+7.240%Nado1.5111+7.250%Bitget1.5112+7.253%Reya1.5114+7.266%MEXC1.5114+7.268%Aster1.5115+7.274%KuCoin1.5116+7.281%Gate1.5116+7.282%Arcus1.5117+7.289%Polymarket Perps1.5118+7.296%Orderly1.5119+7.303%RISEx1.5120+7.314%OKX1.5121+7.317%Bullet1.5121+7.317%GMX1.5121+7.321%gTrade (Gains Network)1.5122+7.323%Bybit1.5122+7.324%Binance1.5122+7.326%BingX1.5124+7.339%Hyperliquid1.5133+7.402%
Ondo Perps
SoDEX
Phemex
Kraken Futures
Deribit
dYdX
Coinbase International
Paradex
Lighter
Vest
Backpack
Pacifica
Lighter RH
Katana Perps
Extended
Nado
Bitget
Reya
MEXC
Aster
KuCoin
Gate
Arcus
Polymarket Perps
Orderly
RISEx
OKX
Bullet
GMX
gTrade (Gains Network)
Bybit
Binance
BingX
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 | −6.619% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Variational Omni XRP | −0.328% | +0.0100% | 8h | $6.2M | $19.7M | — | as long as short |
| edgeX XRPUSDC | −0.277% | +0.0100% | 4h | $653K | $87.6M | 30x | as long as short |
| Phoenix XRP | −0.257% | 0.0000% | 1h | $67K | $86K | 15x | as long as short |
| Bulk XRP-USD | −0.190% | +0.0100% | 1h | $1.6M | $270K | 20x | as long as short |
| HTX XRP-USDT | −0.094% | +0.0100% | 8h | $49.7M | $13.5M | 75x | as long as short |
| BloFin XRP-USDT | −0.084% | +0.0220% | 8h | $23.9M | $58.6M | 125x | as long as short |
| Aftermath Perps XRPUSD | −0.080% | +0.0547% | 1h | $1K | $9K | 10x | as long as short |
| ApeX Omni XRPUSDT | −0.058% | +0.0100% | 1h | $1.0M | $782K | 50x | as long as short |
| Hotstuff XRP-PERP | −0.038% | −0.0080% | 1h | $7K | $2K | 20x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Derive XRP-PERP | −0.019% | +0.0100% | 1h | $812K | $67K | 10x | as long as short |
| Aevo XRP-PERP | −0.014% | +0.0104% | 1h | $73K | $39K | 3x | as long as short |
| SunX XRP-USDT | −0.008% | +0.0100% | 8h | $127K | $1.7M | 30x | as long as short |
| Hibachi XRP/USDT-Plong | 0.000% | +0.0288% | 1h | $19K | $36K | 7x | |
| Ondo Perps XRP-USD.P | +0.002% | +0.0100% | 1h | $560K | $45K | 5x | as long as short |
| SoDEX XRP-USD | +0.015% | +0.0100% | 1h | $31K | $1.8M | 10x | as long as short |
| Phemex XRPUSDT | +0.028% | +0.0100% | 8h | $55.0M | $26.0M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.031% | +0.0099% | 1h | $15.6M | $52.7M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.035% | +0.0175% | 8h | $1.7M | $32.0M | 2.9x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.035% | 0.0000% | 1h | $8.7M | $21.5M | 50x | as long as short |
| dYdX XRP-USD | +0.069% | 0.0000% | 1h | $1.1M | $101K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.075% | +0.0216% | 1h | $5.2M | $39.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.103% | +0.0100% | 8h | $471K | $54K | 50x | as long as short |
| Lighter XRP | +0.105% | +0.0096% | 1h | $3.0M | $9.9M | 20x | as long as short |
| Vest XRP-PERP | +0.109% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| Backpack XRP_USDC_PERP | +0.114% | +0.0195% | 1h | $1.7M | $895K | 25x | as long as short |
| Pacifica XRP | +0.117% | +0.0100% | 1h | $667K | $1.0M | 20x | as long as short |
| Lighter RH XRP | +0.121% | +0.0096% | 1h | $551K | $2.4M | 20x | as long as short |
| Katana Perps XRP-USD | +0.141% | +0.0100% | 8h | $12K | $241K | 20x | as long as short |
| Extended XRP-USD | +0.141% | +0.0104% | 1h | $2.0M | $6.8M | 50x | as long as short |
| Nado XRP-PERP | +0.151% | +0.0100% | 1h | $1.1M | $5.0M | 20x | as long as short |
| Bitget XRPUSDT | +0.154% | +0.0100% | 8h | $260.2M | $316.0M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.166% | +0.0208% | 1h | $1.3M | $11K | 15x | as long as short |
| MEXC XRP_USDT | +0.167% | +0.0100% | 8h | $304.7M | $754.1M | 300x | as long as short |
| Aster XRPUSDT | +0.174% | +0.0100% | 8h | $38.3M | $67.9M | 100x | as long as short |
| KuCoin XRPUSDTM | +0.180% | +0.0100% | 8h | $111.7M | $136.5M | 75x | as long as short |
| Gate XRP_USDT | +0.181% | +0.0100% | 8h | $351.9M | $127.4M | 100x | as long as short |
| Arcus XRP-USD | +0.187% | +0.0100% | 1h | $123K | $589K | 20x | as long as short |
| 01 Exchange XRPUSDshort | +0.194% | +0.0160% | 1h | $8K | $8K | 10x | |
| Polymarket Perps XRP-USD | +0.194% | +0.0100% | 1h | $50K | $416K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.201% | +0.0055% | 8h | $180K | $780K | 50x | as long as short |
| RISEx XRP/USDC | +0.211% | +0.0465% | 1h | $391K | $472K | 10x | as long as short |
| OKX XRP-USDT-SWAP | +0.214% | +0.0100% | 8h | $127.3M | $795.5M | 100x | as long as short |
| Bullet XRP-USD | +0.214% | +0.0100% | 1h | $41K | $60K | 20x | as long as short |
| GMX XRP/USD [ETH-USDC] | +0.217% | L −0.0206% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| gTrade (Gains Network) XRP/USD | +0.219% | L +0.0003% / S −0.0004% | 1h | $269K | — | 150x | as long as short |
| Bybit XRPUSDT | +0.220% | +0.0100% | 8h | $344.2M | $770.8M | 100x | as long as short |
| Binance XRPUSDT | +0.222% | +0.0100% | 8h | $540.5M | $1.71B | 100x | as long as short |
| BingX XRP-USDC | +0.234% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Hyperliquid XRP | +0.293% | +0.0525% | 1h | $274.7M | $154.8M | 20x | as long as short |