Spread before costs (cost unknown: a leg has no order-book sample)−0.032%
7d average−0.041%if it closes, per $10,000$3funding while held, a day−$2.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXXRPPERP | 1.4863 | 0.0185 | pay 0.0185% / 8h | 4h 31m | $1.9M | $34.2M | 2.9x |
| Short | Derive XRP-PERP | 1.4858 | 0.0100 | get 0.0013% / 1h | 31m 34s | $800K | $68K | 10x |
Derive XRP-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
- −$3.24
- Funding while held
- −$2.55
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$21.79
- Spread needed to break even
- 0.160%
Slippage unknown: Kalshi: live order book, 4 min ago; Derive: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0085%
- Per $10,000 a day
- −$2.55
- 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 Kalshi live order book, 4 min ago | 2.35 bp | 7.4 bp −$7 | 10.5 bp −$105 | 20.3 bp −$2,026 | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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
BloFin1.4845+5.358%Nado1.4853+5.416%Bitget1.4855+5.429%Reya1.4856+5.436%Orderly1.4857+5.444%Aevo1.4857+5.447%
Injective
BloFin
Nado
Bitget
Reya
Orderly
AevoDerive1.4858+5.452%
HTX1.4858+5.452%Vest1.4858+5.454%GMX1.4859+5.458%gTrade (Gains Network)1.4860+5.461%Bullet1.4860+5.465%dYdX1.4861+5.470%Extended1.4861+5.470%Gate1.4861+5.472%KuCoin1.4861+5.474%Bybit1.4862+5.479%OKX1.4862+5.479%BingX1.4862+5.479%Deribit1.4863+5.486%Lighter1.4864+5.491%Aster1.4864+5.492%Pacifica1.4865+5.500%Lighter RH1.4865+5.500%MEXC1.4865+5.500%Hibachi1.4866+5.509%Katana Perps1.4867+5.515%Hotstuff1.4867+5.515%SoDEX1.4867+5.515%Polymarket Perps1.4868+5.522%Binance1.4869+5.526%ApeX Omni1.4869+5.529%Paradex1.4870+5.533%Arcus1.4870+5.536%Phoenix1.4870+5.536%Phemex1.4870+5.536%SunX1.4872+5.551%Kraken Futures1.4872+5.552%Backpack1.4873+5.557%edgeX1.4874+5.562%RISEx1.4876+5.578%01 Exchange1.4876+5.578%Coinbase International1.4879+5.600%Hyperliquid1.4883+5.628%Variational Omni1.4886+5.650%Ondo Perps1.4888+5.664%Bulk1.4896+5.720%Aftermath Perps1.4908+5.804%
HTX
Vest
GMX
gTrade (Gains Network)
Bullet
dYdX
Extended
Gate
KuCoin
Bybit
OKX
BingX
Deribit
Lighter
Aster
Pacifica
Lighter RH
MEXC
Hibachi
Katana Perps
Hotstuff
SoDEX
Polymarket Perps
Binance
ApeX Omni
Paradex
Arcus
Phoenix
Phemex
SunX
Kraken Futures
Backpack
RISEx
Coinbase International
Hyperliquid
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 | −5.201% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| BloFin XRP-USDT | −0.121% | +0.0220% | 8h | $23.5M | $56.2M | 125x | as long as short |
| Nado XRP-PERP | −0.066% | +0.0100% | 1h | $1.1M | $4.8M | 20x | as long as short |
| Bitget XRPUSDT | −0.054% | +0.0100% | 8h | $253.9M | $307.4M | 125x | as long as short |
| Reya XRPRUSDPERP | −0.048% | +0.0205% | 1h | $1.3M | $15K | 15x | as long as short |
| Orderly PERP_XRP_USDC | −0.040% | +0.0051% | 8h | $187K | $763K | 50x | as long as short |
| Aevo XRP-PERP | −0.037% | +0.0104% | 1h | $71K | $39K | 3x | as long as short |
| Derive XRP-PERPshort | −0.032% | +0.0100% | 1h | $800K | $68K | 10x | |
| HTX XRP-USDT | −0.032% | +0.0100% | 8h | $49.0M | $13.2M | 75x | as long as short |
| Vest XRP-PERP | −0.030% | +0.0100% | 1h | — | $9K | 10x | 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] | −0.026% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| gTrade (Gains Network) XRP/USD | −0.024% | L +0.0003% / S −0.0003% | 1h | $217K | — | 150x | as long as short |
| Bullet XRP-USD | −0.020% | +0.0100% | 1h | $41K | $55K | 20x | as long as short |
| dYdX XRP-USD | −0.015% | 0.0000% | 1h | $1.1M | $107K | 10x | as long as short |
| Extended XRP-USD | −0.015% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| Gate XRP_USDT | −0.013% | +0.0100% | 8h | $345.0M | $122.6M | 100x | as long as short |
| KuCoin XRPUSDTM | −0.011% | +0.0100% | 8h | $112.2M | $141.1M | 75x | as long as short |
| Bybit XRPUSDT | −0.007% | +0.0100% | 8h | $331.0M | $755.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | −0.007% | +0.0100% | 8h | $123.3M | $750.4M | 100x | as long as short |
| BingX XRP-USDT | −0.007% | +0.0100% | 8h | — | $95.7M | — | as long as short |
| Kalshi KXXRPPERPlong | 0.000% | +0.0185% | 8h | $1.9M | $34.2M | 2.9x | |
| Deribit XRP_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $8.1M | $19.6M | 50x | as long as short |
| Lighter XRP | +0.005% | +0.0096% | 1h | $2.8M | $7.6M | 20x | as long as short |
| Aster XRPUSDT | +0.006% | +0.0100% | 8h | $37.8M | $66.0M | 100x | as long as short |
| Pacifica XRP | +0.013% | +0.0100% | 1h | $630K | $977K | 20x | as long as short |
| Lighter RH XRP | +0.013% | +0.0096% | 1h | $476K | $2.0M | 20x | as long as short |
| MEXC XRP_USDT | +0.013% | +0.0100% | 8h | $287.6M | $723.6M | 300x | as long as short |
| Hibachi XRP/USDT-P | +0.022% | +0.0288% | 1h | $19K | $30K | 7x | as long as short |
| Katana Perps XRP-USD | +0.027% | +0.0100% | 8h | $13K | $223K | 20x | as long as short |
| Hotstuff XRP-PERP | +0.027% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| SoDEX XRP-USD | +0.027% | +0.0100% | 1h | $29K | $2.1M | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.034% | +0.0100% | 1h | $61K | $380K | 20x | as long as short |
| Binance XRPUSDT | +0.037% | +0.0100% | 8h | $527.1M | $1.64B | 100x | as long as short |
| ApeX Omni XRPUSDT | +0.040% | +0.0100% | 1h | $996K | $814K | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.045% | +0.0100% | 8h | $465K | $54K | 50x | as long as short |
| Arcus XRP-USD | +0.047% | +0.0100% | 1h | $117K | $596K | 20x | as long as short |
| Phoenix XRP | +0.047% | 0.0000% | 1h | $68K | $28K | 15x | as long as short |
| Phemex XRPUSDT | +0.047% | +0.0100% | 8h | $53.4M | $25.0M | 50x | as long as short |
| SunX XRP-USDT | +0.061% | +0.0100% | 8h | $125K | $1.7M | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.063% | +0.0369% | 1h | $17.4M | $42.3M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.067% | +0.0100% | 1h | $1.7M | $934K | 25x | as long as short |
| edgeX XRPUSDC | +0.072% | −0.0120% | 4h | $676K | $84.7M | 30x | as long as short |
| RISEx XRP/USDC | +0.087% | +0.0579% | 1h | $394K | $412K | 10x | as long as short |
| 01 Exchange XRPUSD | +0.087% | +0.0160% | 1h | $8K | $8K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.108% | +0.0224% | 1h | $5.3M | $36.3M | 50x | as long as short |
| Hyperliquid XRP | +0.135% | +0.0799% | 1h | $262.3M | $152.5M | 20x | as long as short |
| Variational Omni XRP | +0.155% | +0.0100% | 8h | $5.5M | $16.7M | — | as long as short |
| Ondo Perps XRP-USD.P | +0.168% | +0.0100% | 1h | $555K | $47K | 5x | as long as short |
| Bulk XRP-USD | +0.222% | +0.0100% | 1h | $1.7M | $217K | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.301% | +0.0813% | 1h | $1K | $8K | 10x | as long as short |