Spread before costs (cost unknown: a leg has no order-book sample)−0.417%
7d average—if it closes, per $10,000$42funding while held, a day+$12.74
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps XRP-USD | 1.4976 | 0.0100 | pay 0.0100% / 8h | 6h 51m | $12K | $237K | 20x |
| Short | Aftermath Perps XRPUSD | 1.4913 | 0.0524 | get 0.0066% / 1h | 51m 13s | $1K | $9K | 10x |
Katana Perps XRP-USDPrice 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
- −$41.73
- Funding while held
- $12.74
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$41.8
- Spread needed to break even
- 0.128%
Slippage unknown: Katana Perps: no order-book sample; Aftermath Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0425%
- Per $10,000 a day
- +$12.74
- 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Katana Perps and Aftermath Perps: 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
Bulk1.4876+5.575%Variational Omni1.4880+5.608%ApeX Omni1.4898+5.735%edgeX1.4899+5.745%Hotstuff1.4926+5.933%Phoenix1.4930+5.962%Hibachi1.4941+6.040%Ondo Perps1.4946+6.075%Deribit1.4954+6.132%Nado1.4964+6.207%Vest1.4968+6.230%dYdX1.4975+6.283%Pacifica1.4975+6.283%Arcus1.4976+6.288%
Injective
Bulk
Variational Omni
ApeX Omni
Hotstuff
Phoenix
Hibachi
Ondo Perps
Deribit
Nado
Vest
dYdX
Pacifica
ArcusKatana Perps1.4976+6.288%
Gate1.4976+6.288%Kalshi1.4976+6.288%Phemex1.4976+6.288%HTX1.4978+6.300%Reya1.4978+6.305%Bullet1.4979+6.311%Extended1.4980+6.314%Orderly1.4980+6.317%Aevo1.4980+6.317%RISEx1.4981+6.325%GMX1.4981+6.327%BloFin1.4982+6.331%Derive1.4982+6.332%Bybit1.4983+6.338%OKX1.4983+6.338%01 Exchange1.4983+6.338%Bitget1.4983+6.338%Paradex1.4984+6.342%KuCoin1.4984+6.344%Aster1.4984+6.345%Binance1.4984+6.345%BingX1.4984+6.345%Polymarket Perps1.4984+6.345%SoDEX1.4984+6.345%Lighter1.4984+6.347%Lighter RH1.4985+6.352%MEXC1.4985+6.352%gTrade (Gains Network)1.4985+6.354%SunX1.4988+6.374%Kraken Futures1.4989+6.377%Coinbase International1.4990+6.388%Hyperliquid1.4992+6.402%Backpack1.4997+6.437%
Gate
Phemex
HTX
Reya
Bullet
Extended
Orderly
Aevo
RISEx
GMX
BloFin
Derive
Bybit
OKX
Bitget
Paradex
KuCoin
Aster
Binance
BingX
Polymarket Perps
SoDEX
Lighter
Lighter RH
MEXC
gTrade (Gains Network)
SunX
Kraken Futures
Coinbase International
Hyperliquid
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 | −5.916% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Bulk XRP-USD | −0.671% | +0.0100% | 1h | $1.6M | $257K | 20x | as long as short |
| Variational Omni XRP | −0.640% | +0.0100% | 8h | $5.3M | $18.0M | — | as long as short |
| ApeX Omni XRPUSDT | −0.521% | +0.0100% | 1h | $998K | $714K | 50x | as long as short |
| edgeX XRPUSDC | −0.511% | +0.0100% | 4h | $647K | $86.3M | 30x | as long as short |
| Aftermath Perps XRPUSDshort | −0.417% | +0.0524% | 1h | $1K | $9K | 10x | |
| Hotstuff XRP-PERP | −0.334% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Phoenix XRP | −0.307% | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
| Hibachi XRP/USDT-P | −0.234% | +0.0064% | 1h | $19K | $30K | 7x | as long as short |
| Ondo Perps XRP-USD.P | −0.200% | +0.0100% | 1h | $558K | $48K | 5x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit XRP_USDC-PERPETUAL | −0.147% | 0.0000% | 1h | $8.3M | $19.5M | 50x | as long as short |
| Nado XRP-PERP | −0.077% | +0.0100% | 1h | $1.1M | $4.8M | 20x | as long as short |
| Vest XRP-PERP | −0.055% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| dYdX XRP-USD | −0.005% | 0.0000% | 1h | $1.1M | $95K | 10x | as long as short |
| Pacifica XRP | −0.004% | +0.0100% | 1h | $661K | $1.0M | 20x | as long as short |
| Arcus XRP-USD | 0.000% | +0.0100% | 1h | $116K | $576K | 20x | as long as short |
| Katana Perps XRP-USDlong | 0.000% | +0.0100% | 8h | $12K | $237K | 20x | |
| Gate XRP_USDT | 0.000% | +0.0100% | 8h | $349.1M | $123.0M | 100x | as long as short |
| Kalshi KXXRPPERP | 0.000% | +0.0181% | 8h | $1.8M | $32.6M | 2.9x | as long as short |
| Phemex XRPUSDT | 0.000% | +0.0100% | 8h | $54.3M | $26.2M | 50x | as long as short |
| HTX XRP-USDT | +0.011% | +0.0100% | 8h | $49.4M | $13.1M | 75x | as long as short |
| Reya XRPRUSDPERP | +0.016% | +0.0207% | 1h | $1.3M | $15K | 15x | as long as short |
| Bullet XRP-USD | +0.021% | +0.0100% | 1h | $41K | $57K | 20x | as long as short |
| Extended XRP-USD | +0.024% | +0.0104% | 1h | $2.0M | $6.9M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.027% | +0.0047% | 8h | $185K | $774K | 50x | as long as short |
| Aevo XRP-PERP | +0.027% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| RISEx XRP/USDC | +0.035% | +0.0490% | 1h | $389K | $445K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | +0.036% | L −0.0208% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| BloFin XRP-USDT | +0.040% | +0.0220% | 8h | $23.3M | $57.2M | 125x | as long as short |
| Derive XRP-PERP | +0.041% | +0.0100% | 1h | $807K | $65K | 10x | as long as short |
| Bybit XRPUSDT | +0.047% | +0.0100% | 8h | $331.4M | $737.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.047% | +0.0100% | 8h | $124.2M | $758.5M | 100x | as long as short |
| 01 Exchange XRPUSD | +0.047% | +0.0160% | 1h | $8K | $8K | 10x | as long as short |
| Bitget XRPUSDT | +0.047% | +0.0100% | 8h | $257.7M | $308.7M | 125x | as long as short |
| Paradex XRP-USD-PERP | +0.051% | +0.0100% | 8h | $469K | $54K | 50x | as long as short |
| KuCoin XRPUSDTM | +0.053% | +0.0100% | 8h | $114.3M | $133.8M | 75x | as long as short |
| Aster XRPUSDT | +0.053% | +0.0100% | 8h | $38.1M | $65.1M | 100x | as long as short |
| Binance XRPUSDT | +0.053% | +0.0100% | 8h | $526.5M | $1.65B | 100x | as long as short |
| BingX XRP-USDC | +0.053% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Polymarket Perps XRP-USD | +0.053% | +0.0100% | 1h | $63K | $382K | 20x | as long as short |
| SoDEX XRP-USD | +0.053% | +0.0100% | 1h | $31K | $1.9M | 10x | as long as short |
| Lighter XRP | +0.056% | +0.0096% | 1h | $2.9M | $9.2M | 20x | as long as short |
| Lighter RH XRP | +0.060% | +0.0096% | 1h | $450K | $2.1M | 20x | as long as short |
| MEXC XRP_USDT | +0.060% | +0.0100% | 8h | $300.1M | $720.9M | 300x | as long as short |
| gTrade (Gains Network) XRP/USD | +0.062% | L +0.0003% / S −0.0003% | 1h | $219K | — | 150x | as long as short |
| SunX XRP-USDT | +0.081% | +0.0100% | 8h | $126K | $1.7M | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.084% | +0.0163% | 1h | $16.6M | $43.2M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.093% | +0.0240% | 1h | $5.1M | $37.2M | 50x | as long as short |
| Hyperliquid XRP | +0.107% | +0.0347% | 1h | $264.3M | $150.2M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.140% | +0.0107% | 1h | $1.6M | $894K | 25x | as long as short |