Spread before costs (cost unknown: a leg has no order-book sample)+0.027%
7d average—if it closes, per $10,000$3funding while held, a day+$5.40
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff XRP-PERP | 1.4885 | −0.0080 | get 0.0010% / 1h | 55m 12s | $6K | $2K | 20x |
| Short | MEXC XRP_USDT | 1.4889 | 0.0100 | get 0.0100% / 8h | 6h 55m | $297.2M | $718.5M | 300x |
Hotstuff XRP-PERP
MEXC XRP_USDTPrice 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
- $2.69
- Funding while held
- $5.4
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $3.09
- Spread needed to break even
- 0.050%
Slippage unknown: Hotstuff: no order-book sample; MEXC: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0180%
- Per $10,000 a day
- +$5.40
- 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 5 min ago | 0.34 bp | 0.3 bp $0 | 0.9 bp −$9 | 3.1 bp −$307 | 15.9 bp −$7,957 |
Hotstuff: 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
Gate1.4871+5.543%HTX1.4872+5.551%Reya1.4873+5.557%Orderly1.4873+5.557%BingX1.4874+5.564%Aevo1.4875+5.570%Bulk1.4876+5.575%Bullet1.4876+5.576%Extended1.4876+5.578%Bitget1.4876+5.578%Nado1.4876+5.582%Derive1.4877+5.583%GMX1.4877+5.585%SoDEX1.4877+5.586%gTrade (Gains Network)1.4878+5.595%SunX1.4879+5.600%Phemex1.4880+5.607%Aster1.4880+5.607%Variational Omni1.4880+5.608%Ondo Perps1.4881+5.614%ApeX Omni1.4881+5.614%Polymarket Perps1.4881+5.614%Vest1.4881+5.616%Lighter RH1.4883+5.628%KuCoin1.4883+5.631%Arcus1.4884+5.635%Katana Perps1.4884+5.635%Deribit1.4884+5.635%BloFin1.4884+5.635%Kraken Futures1.4885+5.640%RISEx1.4885+5.642%OKX1.4885+5.642%01 Exchange1.4885+5.642%
Injective
Gate
HTX
Reya
Orderly
BingX
Aevo
Bulk
Bullet
Extended
Bitget
Nado
Derive
GMX
SoDEX
gTrade (Gains Network)
SunX
Phemex
Aster
Variational Omni
Ondo Perps
ApeX Omni
Polymarket Perps
Vest
Lighter RH
KuCoin
Arcus
Katana Perps
Deribit
BloFin
Kraken Futures
RISEx
OKXHotstuff1.4885+5.642%
Coinbase International1.4885+5.642%Bybit1.4886+5.649%Binance1.4887+5.656%edgeX1.4888+5.662%
Coinbase International
Bybit
BinanceMEXC1.4889+5.671%
Lighter1.4889+5.673%Hyperliquid1.4892+5.692%Paradex1.4893+5.696%Pacifica1.4894+5.704%Kalshi1.4894+5.706%Aftermath Perps1.4895+5.715%dYdX1.4896+5.724%Phoenix1.4900+5.749%Hibachi1.4901+5.754%Backpack1.4906+5.791%
Lighter
Hyperliquid
Paradex
Pacifica
dYdX
Phoenix
Hibachi
BackpackXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −5.341% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Gate XRP_USDT | −0.094% | +0.0100% | 8h | $344.6M | $122.2M | 100x | as long as short |
| HTX XRP-USDT | −0.087% | +0.0100% | 8h | $49.1M | $13.1M | 75x | as long as short |
| Reya XRPRUSDPERP | −0.081% | +0.0207% | 1h | $1.3M | $15K | 15x | as long as short |
| Orderly PERP_XRP_USDC | −0.081% | +0.0047% | 8h | $183K | $774K | 50x | as long as short |
| BingX XRP-USDT | −0.074% | +0.0100% | 8h | — | $97.4M | — | as long as short |
| Aevo XRP-PERP | −0.068% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| Bulk XRP-USD | −0.064% | +0.0100% | 1h | $1.6M | $257K | 20x | as long as short |
| Bullet XRP-USD | −0.063% | +0.0100% | 1h | $41K | $57K | 20x | as long as short |
| Extended XRP-USD | −0.061% | +0.0104% | 1h | $1.9M | $6.9M | 50x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget XRPUSDT | −0.060% | +0.0100% | 8h | $255.8M | $308.7M | 125x | as long as short |
| Nado XRP-PERP | −0.057% | +0.0100% | 1h | $1.1M | $4.9M | 20x | as long as short |
| Derive XRP-PERP | −0.056% | +0.0100% | 1h | $801K | $65K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | −0.055% | L −0.0208% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| SoDEX XRP-USD | −0.054% | +0.0100% | 1h | $31K | $1.9M | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | −0.044% | L +0.0003% / S −0.0003% | 1h | $217K | — | 150x | as long as short |
| SunX XRP-USDT | −0.040% | +0.0100% | 8h | $125K | $1.7M | 30x | as long as short |
| Phemex XRPUSDT | −0.034% | +0.0100% | 8h | $53.9M | $26.2M | 50x | as long as short |
| Aster XRPUSDT | −0.033% | +0.0100% | 8h | $37.8M | $65.2M | 100x | as long as short |
| Variational Omni XRP | −0.032% | +0.0100% | 8h | $5.3M | $18.0M | — | as long as short |
| Ondo Perps XRP-USD.P | −0.027% | +0.0100% | 1h | $556K | $48K | 5x | as long as short |
| ApeX Omni XRPUSDT | −0.027% | +0.0100% | 1h | $999K | $820K | 50x | as long as short |
| Polymarket Perps XRP-USD | −0.027% | +0.0100% | 1h | $63K | $383K | 20x | as long as short |
| Vest XRP-PERP | −0.025% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| Lighter RH XRP | −0.013% | +0.0096% | 1h | $447K | $2.1M | 20x | as long as short |
| KuCoin XRPUSDTM | −0.011% | +0.0100% | 8h | $113.5M | $134.0M | 75x | as long as short |
| Arcus XRP-USD | −0.007% | +0.0100% | 1h | $116K | $574K | 20x | as long as short |
| Katana Perps XRP-USD | −0.007% | +0.0100% | 8h | $12K | $239K | 20x | as long as short |
| Deribit XRP_USDC-PERPETUAL | −0.007% | 0.0000% | 1h | $8.2M | $19.5M | 50x | as long as short |
| BloFin XRP-USDT | −0.007% | +0.0220% | 8h | $23.1M | $56.9M | 125x | as long as short |
| Kraken Futures PF_XRPUSD | −0.002% | +0.0164% | 1h | $16.5M | $43.3M | 50x | as long as short |
| RISEx XRP/USDC | −0.001% | +0.0490% | 1h | $375K | $439K | 10x | as long as short |
| OKX XRP-USDT-SWAP | 0.000% | +0.0100% | 8h | $123.5M | $752.6M | 100x | as long as short |
| 01 Exchange XRPUSD | 0.000% | +0.0136% | 1h | $8K | $8K | 10x | as long as short |
| Hotstuff XRP-PERPlong | 0.000% | −0.0080% | 1h | $6K | $2K | 20x | |
| Coinbase International XRP-PERP-INTX | 0.000% | +0.0240% | 1h | $5.1M | $37.0M | 50x | as long as short |
| Bybit XRPUSDT | +0.007% | +0.0100% | 8h | $329.4M | $738.4M | 100x | as long as short |
| Binance XRPUSDT | +0.013% | +0.0100% | 8h | $523.2M | $1.65B | 100x | as long as short |
| edgeX XRPUSDC | +0.019% | +0.0100% | 4h | $646K | $86.2M | 30x | as long as short |
| MEXC XRP_USDTshort | +0.027% | +0.0100% | 8h | $297.2M | $718.5M | 300x | |
| Lighter XRP | +0.029% | +0.0096% | 1h | $2.9M | $9.2M | 20x | as long as short |
| Hyperliquid XRP | +0.047% | +0.0273% | 1h | $262.9M | $151.3M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.051% | +0.0100% | 8h | $466K | $54K | 50x | as long as short |
| Pacifica XRP | +0.058% | +0.0100% | 1h | $657K | $1.0M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.060% | +0.0184% | 8h | $1.8M | $32.7M | 2.9x | as long as short |
| Aftermath Perps XRPUSD | +0.069% | +0.0556% | 1h | $1K | $9K | 10x | as long as short |
| dYdX XRP-USD | +0.077% | 0.0000% | 1h | $1.1M | $95K | 10x | as long as short |
| Phoenix XRP | +0.101% | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
| Hibachi XRP/USDT-P | +0.106% | +0.0096% | 1h | $19K | $30K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.141% | +0.0100% | 1h | $1.6M | $895K | 25x | as long as short |