Spread before costs (cost unknown: a leg has no order-book sample)−0.100%
7d average+0.070%if it closes, per $10,000$10funding while held, a day+$0.01
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps XRP-USD | 1.5033 | 0.0100 | pay 0.0100% / 8h | 5h 21m | $12K | $255K | 20x |
| Short | Nado XRP-PERP | 1.5018 | 0.0100 | get 0.0012% / 1h | 21m 43s | $1.1M | $4.9M | 20x |
Katana Perps XRP-USD
Nado 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
- −$10.01
- Funding while held
- $0.01
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$20.81
- Spread needed to break even
- 0.108%
Slippage unknown: Katana Perps: no order-book sample; Nado: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.01
- 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 Nado live order book, 4 min ago | 0.33 bp | 4.3 bp −$4 | 10.1 bp −$101 | 42.2 bp −$4,217 | doesn't fit |
Katana 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
ApeX Omni1.4994+6.416%Extended1.4996+6.429%HTX1.5004+6.488%Gate1.5006+6.501%KuCoin1.5009+6.522%MEXC1.5009+6.522%edgeX1.5009+6.523%Kraken Futures1.5010+6.527%Orderly1.5010+6.529%Aster1.5011+6.533%SoDEX1.5011+6.537%Aevo1.5011+6.539%Derive1.5011+6.539%Bybit1.5013+6.551%BingX1.5013+6.551%Deribit1.5013+6.551%GMX1.5013+6.552%Bullet1.5013+6.553%Lighter1.5014+6.559%Lighter RH1.5015+6.565%Phemex1.5015+6.565%Bulk1.5016+6.570%gTrade (Gains Network)1.5017+6.576%Binance1.5017+6.577%
Injective
ApeX Omni
Extended
HTX
Gate
KuCoin
MEXC
Kraken Futures
Orderly
Aster
SoDEX
Aevo
Derive
Bybit
BingX
Deribit
GMX
Bullet
Lighter
Lighter RH
Phemex
Bulk
gTrade (Gains Network)
BinanceNado1.5018+6.586%
OKX1.5018+6.586%Backpack1.5018+6.586%Coinbase International1.5018+6.586%Reya1.5018+6.587%Bitget1.5019+6.593%Ondo Perps1.5020+6.600%Vest1.5023+6.620%BloFin1.5023+6.622%Polymarket Perps1.5024+6.629%Hibachi1.5024+6.631%Kalshi1.5025+6.636%Hotstuff1.5028+6.657%
OKX
Backpack
Coinbase International
Reya
Bitget
Ondo Perps
Vest
BloFin
Polymarket Perps
Hibachi
HotstuffKatana Perps1.5033+6.693%
Variational Omni1.5033+6.694%Aftermath Perps1.5035+6.710%SunX1.5036+6.711%Pacifica1.5037+6.718%Arcus1.5037+6.721%01 Exchange1.5037+6.721%dYdX1.5037+6.724%Hyperliquid1.5039+6.735%RISEx1.5040+6.742%Paradex1.5044+6.774%Phoenix1.5050+6.813%
Variational Omni
SunX
Pacifica
Arcus
dYdX
Hyperliquid
RISEx
Paradex
PhoenixXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −6.273% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| ApeX Omni XRPUSDT | −0.259% | +0.0100% | 1h | $995K | $784K | 50x | as long as short |
| Extended XRP-USD | −0.248% | +0.0104% | 1h | $2.0M | $6.8M | 50x | as long as short |
| HTX XRP-USDT | −0.192% | +0.0100% | 8h | $49.5M | $13.4M | 75x | as long as short |
| Gate XRP_USDT | −0.180% | +0.0100% | 8h | $348.5M | $126.6M | 100x | as long as short |
| KuCoin XRPUSDTM | −0.160% | +0.0100% | 8h | $110.4M | $136.0M | 75x | as long as short |
| MEXC XRP_USDT | −0.160% | +0.0100% | 8h | $303.0M | $745.1M | 300x | as long as short |
| edgeX XRPUSDC | −0.159% | +0.0100% | 4h | $652K | $87.5M | 30x | as long as short |
| Kraken Futures PF_XRPUSD | −0.155% | +0.0100% | 1h | $15.5M | $52.4M | 50x | as long as short |
| Orderly PERP_XRP_USDC | −0.153% | +0.0055% | 8h | $179K | $780K | 50x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster XRPUSDT | −0.150% | +0.0100% | 8h | $38.0M | $67.8M | 100x | as long as short |
| SoDEX XRP-USD | −0.146% | +0.0100% | 1h | $30K | $1.8M | 10x | as long as short |
| Aevo XRP-PERP | −0.144% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| Derive XRP-PERP | −0.144% | +0.0100% | 1h | $808K | $66K | 10x | as long as short |
| Bybit XRPUSDT | −0.133% | +0.0100% | 8h | $341.5M | $766.8M | 100x | as long as short |
| BingX XRP-USDT | −0.133% | +0.0100% | 8h | — | $103.2M | — | as long as short |
| Deribit XRP_USDC-PERPETUAL | −0.133% | 0.0000% | 1h | $8.7M | $21.3M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | −0.132% | L −0.0206% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| Bullet XRP-USD | −0.131% | +0.0100% | 1h | $41K | $60K | 20x | as long as short |
| Lighter XRP | −0.125% | +0.0096% | 1h | $2.9M | $9.8M | 20x | as long as short |
| Lighter RH XRP | −0.120% | +0.0096% | 1h | $547K | $2.4M | 20x | as long as short |
| Phemex XRPUSDT | −0.120% | +0.0100% | 8h | $54.6M | $25.9M | 50x | as long as short |
| Bulk XRP-USD | −0.115% | +0.0100% | 1h | $1.6M | $321K | 20x | as long as short |
| gTrade (Gains Network) XRP/USD | −0.109% | L +0.0003% / S −0.0004% | 1h | $244K | — | 150x | as long as short |
| Binance XRPUSDT | −0.108% | +0.0100% | 8h | $537.1M | $1.71B | 100x | as long as short |
| Nado XRP-PERPshort | −0.100% | +0.0100% | 1h | $1.1M | $4.9M | 20x | |
| OKX XRP-USDT-SWAP | −0.100% | +0.0100% | 8h | $125.9M | $791.1M | 100x | as long as short |
| Backpack XRP_USDC_PERP | −0.100% | +0.0188% | 1h | $1.7M | $897K | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | −0.100% | +0.0216% | 1h | $5.2M | $39.0M | 50x | as long as short |
| Reya XRPRUSDPERP | −0.099% | +0.0208% | 1h | $1.3M | $12K | 15x | as long as short |
| Bitget XRPUSDT | −0.093% | +0.0100% | 8h | $258.7M | $315.4M | 125x | as long as short |
| Ondo Perps XRP-USD.P | −0.086% | +0.0100% | 1h | $559K | $50K | 5x | as long as short |
| Vest XRP-PERP | −0.068% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| BloFin XRP-USDT | −0.067% | +0.0220% | 8h | $24.0M | $58.5M | 125x | as long as short |
| Polymarket Perps XRP-USD | −0.060% | +0.0100% | 1h | $49K | $416K | 20x | as long as short |
| Hibachi XRP/USDT-P | −0.058% | +0.0288% | 1h | $19K | $36K | 7x | as long as short |
| Kalshi KXXRPPERP | −0.053% | +0.0172% | 8h | $1.7M | $32.1M | 2.9x | as long as short |
| Hotstuff XRP-PERP | −0.033% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Katana Perps XRP-USDlong | 0.000% | +0.0100% | 8h | $12K | $255K | 20x | |
| Variational Omni XRP | +0.001% | +0.0100% | 8h | $6.2M | $19.7M | — | as long as short |
| Aftermath Perps XRPUSD | +0.016% | +0.0517% | 1h | $1K | $9K | 10x | as long as short |
| SunX XRP-USDT | +0.017% | +0.0100% | 8h | $126K | $1.7M | 30x | as long as short |
| Pacifica XRP | +0.024% | +0.0100% | 1h | $664K | $1.0M | 20x | as long as short |
| Arcus XRP-USD | +0.027% | +0.0100% | 1h | $122K | $587K | 20x | as long as short |
| 01 Exchange XRPUSD | +0.027% | +0.0176% | 1h | $8K | $8K | 10x | as long as short |
| dYdX XRP-USD | +0.030% | 0.0000% | 1h | $1.1M | $101K | 10x | as long as short |
| Hyperliquid XRP | +0.040% | +0.0521% | 1h | $272.7M | $154.4M | 20x | as long as short |
| RISEx XRP/USDC | +0.047% | +0.0465% | 1h | $388K | $471K | 10x | as long as short |
| Paradex XRP-USD-PERP | +0.076% | +0.0100% | 8h | $469K | $54K | 50x | as long as short |
| Phoenix XRP | +0.113% | 0.0000% | 1h | $67K | $86K | 15x | as long as short |