Spread before costs (cost unknown: a leg has no order-book sample)+0.084%
7d average+0.040%if it closes, per $10,000$8funding while held, a day−$1.47
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XRP-USDT | 1.4965 | 0.0100 | pay 0.0100% / 8h | 43m 14s | $49.4M | $13.0M | 75x |
| Short | Orderly PERP_XRP_USDC | 1.4977 | 0.0051 | get 0.0051% / 8h | 43m 14s | $189K | $766K | 50x |
HTX XRP-USDT
Orderly PERP_XRP_USDCPrice 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
- $8.35
- Funding while held
- −$1.47
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$11.11
- Spread needed to break even
- 0.180%
Slippage unknown: HTX: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0049%
- Per $10,000 a day
- −$1.47
- 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 HTX live order book, 2 min ago | 0.37 bp | 9.9 bp −$10 | 13.3 bp −$133 | 35.0 bp −$3,500 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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
Nado1.4964+6.207%
Injective
NadoHTX1.4965+6.207%
Reya1.4968+6.233%Binance1.4969+6.238%Extended1.4969+6.241%Phemex1.4970+6.246%BloFin1.4973+6.267%Lighter RH1.4974+6.274%BingX1.4974+6.274%GMX1.4974+6.275%Bullet1.4974+6.277%Bybit1.4975+6.281%OKX1.4975+6.281%Bitget1.4975+6.281%Polymarket Perps1.4975+6.281%SoDEX1.4975+6.281%Kraken Futures1.4976+6.286%Lighter1.4976+6.288%01 Exchange1.4976+6.288%Gate1.4976+6.288%Deribit1.4976+6.288%KuCoin1.4976+6.290%Aevo1.4977+6.294%Aster1.4977+6.295%gTrade (Gains Network)1.4977+6.295%
Reya
Binance
Extended
Phemex
BloFin
Lighter RH
BingX
GMX
Bullet
Bybit
OKX
Bitget
Polymarket Perps
SoDEX
Kraken Futures
Lighter
Gate
Deribit
KuCoin
Aevo
Aster
gTrade (Gains Network)Orderly1.4977+6.295%
Vest1.4978+6.300%MEXC1.4978+6.302%SunX1.4979+6.307%dYdX1.4980+6.313%Pacifica1.4980+6.317%Katana Perps1.4981+6.324%Kalshi1.4983+6.338%Arcus1.4984+6.345%Paradex1.4985+6.350%RISEx1.4988+6.370%Coinbase International1.4988+6.373%Hyperliquid1.4991+6.395%Backpack1.4993+6.409%Derive1.4996+6.433%Hotstuff1.5006+6.501%ApeX Omni1.5007+6.508%edgeX1.5009+6.521%Phoenix1.5010+6.529%Hibachi1.5013+6.550%Aftermath Perps1.5014+6.561%Variational Omni1.5020+6.599%Ondo Perps1.5021+6.608%Bulk1.5027+6.650%
Vest
MEXC
SunX
dYdX
Pacifica
Katana Perps
Arcus
Paradex
RISEx
Coinbase International
Hyperliquid
Backpack
Derive
Hotstuff
ApeX Omni
Phoenix
Hibachi
Variational Omni
Ondo Perps
BulkXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −5.844% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Nado XRP-PERP | 0.000% | +0.0100% | 1h | $1.1M | $4.7M | 20x | as long as short |
| HTX XRP-USDTlong | 0.000% | +0.0100% | 8h | $49.4M | $13.0M | 75x | |
| Reya XRPRUSDPERP | +0.025% | +0.0205% | 1h | $1.3M | $15K | 15x | as long as short |
| Binance XRPUSDT | +0.029% | +0.0100% | 8h | $532.3M | $1.63B | 100x | as long as short |
| Extended XRP-USD | +0.033% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| Phemex XRPUSDT | +0.037% | +0.0100% | 8h | $53.8M | $25.0M | 50x | as long as short |
| BloFin XRP-USDT | +0.057% | +0.0220% | 8h | $23.5M | $55.6M | 125x | as long as short |
| Lighter RH XRP | +0.063% | +0.0096% | 1h | $475K | $1.9M | 20x | as long as short |
| BingX XRP-USDC | +0.063% | +0.0100% | 8h | — | $3.6M | — | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX XRP/USD [ETH-USDC] | +0.065% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| Bullet XRP-USD | +0.066% | +0.0100% | 1h | $41K | $55K | 20x | as long as short |
| Bybit XRPUSDT | +0.070% | +0.0100% | 8h | $333.5M | $740.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.070% | +0.0100% | 8h | $124.4M | $755.0M | 100x | as long as short |
| Bitget XRPUSDT | +0.070% | +0.0100% | 8h | $256.9M | $303.4M | 125x | as long as short |
| Polymarket Perps XRP-USD | +0.070% | +0.0100% | 1h | $62K | $378K | 20x | as long as short |
| SoDEX XRP-USD | +0.070% | +0.0100% | 1h | $29K | $2.1M | 10x | as long as short |
| Kraken Futures PF_XRPUSD | +0.074% | +0.0366% | 1h | $17.6M | $42.5M | 50x | as long as short |
| Lighter XRP | +0.077% | +0.0096% | 1h | $2.9M | $7.4M | 20x | as long as short |
| 01 Exchange XRPUSD | +0.077% | +0.0152% | 1h | $8K | $8K | 10x | as long as short |
| Gate XRP_USDT | +0.077% | +0.0100% | 8h | $357.1M | $119.8M | 100x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.077% | 0.0000% | 1h | $8.2M | $19.2M | 50x | as long as short |
| KuCoin XRPUSDTM | +0.078% | +0.0100% | 8h | $115.3M | $143.3M | 75x | as long as short |
| Aevo XRP-PERP | +0.082% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| Aster XRPUSDT | +0.084% | +0.0100% | 8h | $38.0M | $65.4M | 100x | as long as short |
| gTrade (Gains Network) XRP/USD | +0.084% | L +0.0003% / S −0.0003% | 1h | $209K | — | 150x | as long as short |
| Orderly PERP_XRP_USDCshort | +0.084% | +0.0051% | 8h | $189K | $766K | 50x | |
| Vest XRP-PERP | +0.088% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| MEXC XRP_USDT | +0.090% | +0.0100% | 8h | $285.3M | $708.6M | 300x | as long as short |
| SunX XRP-USDT | +0.095% | +0.0100% | 8h | $125K | $1.7M | 30x | as long as short |
| dYdX XRP-USD | +0.100% | 0.0000% | 1h | $1.1M | $107K | 10x | as long as short |
| Pacifica XRP | +0.104% | +0.0100% | 1h | $635K | $982K | 20x | as long as short |
| Katana Perps XRP-USD | +0.110% | +0.0100% | 8h | $13K | $221K | 20x | as long as short |
| Kalshi KXXRPPERP | +0.124% | +0.0192% | 8h | $2.0M | $34.1M | 2.9x | as long as short |
| Arcus XRP-USD | +0.130% | +0.0100% | 1h | $117K | $594K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.135% | +0.0100% | 8h | $469K | $54K | 50x | as long as short |
| RISEx XRP/USDC | +0.154% | +0.0579% | 1h | $397K | $412K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.157% | +0.0224% | 1h | $5.6M | $36.0M | 50x | as long as short |
| Hyperliquid XRP | +0.177% | +0.0870% | 1h | $267.8M | $149.6M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.190% | +0.0100% | 1h | $1.7M | $934K | 25x | as long as short |
| Derive XRP-PERP | +0.213% | +0.0100% | 1h | $808K | $68K | 10x | as long as short |
| Hotstuff XRP-PERP | +0.277% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.284% | +0.0100% | 1h | $1.2M | $723K | 50x | as long as short |
| edgeX XRPUSDC | +0.296% | −0.0112% | 4h | $682K | $83.7M | 30x | as long as short |
| Phoenix XRP | +0.304% | 0.0000% | 1h | $26K | $28K | 15x | as long as short |
| Hibachi XRP/USDT-P | +0.324% | +0.0304% | 1h | $20K | $30K | 7x | as long as short |
| Aftermath Perps XRPUSD | +0.333% | +0.0870% | 1h | $1K | $8K | 10x | as long as short |
| Variational Omni XRP | +0.369% | +0.0100% | 8h | $5.9M | $16.3M | — | as long as short |
| Ondo Perps XRP-USD.P | +0.378% | +0.0100% | 1h | $561K | $47K | 5x | as long as short |
| Bulk XRP-USD | +0.418% | +0.0100% | 1h | $1.7M | $213K | 20x | as long as short |