Spread before costs (cost unknown: a leg has no order-book sample)+0.028%
7d average+0.025%if it closes, per $10,000$3funding while held, a day−$13.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XRPUSD | 1.4937 | 0.0163 | pay 0.0020% / 1h | 30m 24s | $16.5M | $43.5M | 50x |
| Short | GMX XRP/USD [ETH-USDC] | 1.4941 | L −0.0208% / S +0.0292% | pay 0.0037% / 1h | 30m 24s | $1.6M | — | 200x |
Kraken Futures PF_XRPUSD
GMX XRP/USD [ETH-USDC]Price 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
- $2.8
- Funding while held
- −$13.68
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$32.87
- Spread needed to break even
- 0.220%
Slippage unknown: Kraken Futures: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0456%
- Per $10,000 a day
- −$13.68
- 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 Kraken Futures live order book, 5 min ago | 0.33 bp | 8.8 bp −$9 | 11.7 bp −$117 | 20.7 bp −$2,067 | 38.0 bp −$19.0K |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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
HTX1.4923+5.912%Hotstuff1.4933+5.983%SoDEX1.4935+5.997%Deribit1.4936+6.004%
Injective
HTX
Hotstuff
SoDEX
DeribitKraken Futures1.4937+6.012%
Aevo1.4937+6.013%Phemex1.4938+6.018%Derive1.4939+6.024%Ondo Perps1.4940+6.033%BloFin1.4940+6.033%
Aevo
Phemex
Derive
Ondo Perps
BloFinGMX1.4941+6.042%
Backpack1.4943+6.054%edgeX1.4945+6.071%Nado1.4945+6.072%Pacifica1.4947+6.080%Lighter1.4948+6.086%dYdX1.4948+6.092%Lighter RH1.4950+6.104%Phoenix1.4950+6.104%Coinbase International1.4951+6.111%Bulk1.4951+6.112%Hibachi1.4952+6.118%Aftermath Perps1.4953+6.124%Extended1.4954+6.130%SunX1.4954+6.131%Vest1.4954+6.133%OKX1.4955+6.139%KuCoin1.4955+6.143%Variational Omni1.4956+6.148%Bitget1.4957+6.153%Reya1.4958+6.159%Arcus1.4959+6.167%Katana Perps1.4959+6.167%MEXC1.4959+6.167%Bullet1.4959+6.167%Aster1.4960+6.174%Gate1.4960+6.175%01 Exchange1.4962+6.189%Kalshi1.4962+6.189%Paradex1.4963+6.194%BingX1.4963+6.196%Polymarket Perps1.4963+6.196%Bybit1.4964+6.203%RISEx1.4965+6.209%Orderly1.4965+6.210%Binance1.4966+6.216%gTrade (Gains Network)1.4966+6.217%Hyperliquid1.4970+6.246%ApeX Omni1.4976+6.288%
Backpack
Nado
Pacifica
Lighter
dYdX
Lighter RH
Phoenix
Coinbase International
Bulk
Hibachi
Extended
SunX
Vest
OKX
KuCoin
Variational Omni
Bitget
Reya
Arcus
Katana Perps
MEXC
Bullet
Aster
Gate
Paradex
BingX
Polymarket Perps
Bybit
RISEx
Orderly
Binance
gTrade (Gains Network)
Hyperliquid
ApeX OmniXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −5.671% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| HTX XRP-USDT | −0.094% | +0.0100% | 8h | $49.2M | $13.2M | 75x | as long as short |
| Hotstuff XRP-PERP | −0.027% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| SoDEX XRP-USD | −0.014% | +0.0100% | 1h | $31K | $1.9M | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | −0.007% | 0.0000% | 1h | $8.7M | $20.2M | 50x | as long as short |
| Kraken Futures PF_XRPUSDlong | 0.000% | +0.0163% | 1h | $16.5M | $43.5M | 50x | |
| Aevo XRP-PERP | +0.001% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| Phemex XRPUSDT | +0.006% | +0.0100% | 8h | $54.1M | $26.2M | 50x | as long as short |
| Derive XRP-PERP | +0.012% | +0.0100% | 1h | $805K | $65K | 10x | as long as short |
| Ondo Perps XRP-USD.P | +0.019% | +0.0100% | 1h | $558K | $47K | 5x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin XRP-USDT | +0.019% | +0.0220% | 8h | $23.5M | $57.0M | 125x | as long as short |
| GMX XRP/USD [ETH-USDC]short | +0.028% | L −0.0208% / S +0.0292% | 1h | $1.6M | — | 200x | |
| Backpack XRP_USDC_PERP | +0.040% | +0.0100% | 1h | $1.6M | $859K | 25x | as long as short |
| edgeX XRPUSDC | +0.055% | +0.0100% | 4h | $649K | $86.1M | 30x | as long as short |
| Nado XRP-PERP | +0.056% | +0.0100% | 1h | $1.1M | $4.8M | 20x | as long as short |
| Pacifica XRP | +0.064% | +0.0100% | 1h | $660K | $1.0M | 20x | as long as short |
| Lighter XRP | +0.070% | +0.0096% | 1h | $2.9M | $9.4M | 20x | as long as short |
| dYdX XRP-USD | +0.076% | 0.0000% | 1h | $1.1M | $94K | 10x | as long as short |
| Lighter RH XRP | +0.086% | +0.0096% | 1h | $453K | $2.2M | 20x | as long as short |
| Phoenix XRP | +0.086% | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.093% | +0.0240% | 1h | $5.1M | $37.4M | 50x | as long as short |
| Bulk XRP-USD | +0.094% | +0.0100% | 1h | $1.6M | $257K | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.100% | +0.0072% | 1h | $19K | $30K | 7x | as long as short |
| Aftermath Perps XRPUSD | +0.106% | +0.0499% | 1h | $1K | $9K | 10x | as long as short |
| Extended XRP-USD | +0.112% | +0.0104% | 1h | $2.0M | $6.9M | 50x | as long as short |
| SunX XRP-USDT | +0.113% | +0.0100% | 8h | $126K | $1.7M | 30x | as long as short |
| Vest XRP-PERP | +0.114% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| OKX XRP-USDT-SWAP | +0.120% | +0.0100% | 8h | $126.8M | $761.2M | 100x | as long as short |
| KuCoin XRPUSDTM | +0.123% | +0.0100% | 8h | $112.9M | $131.2M | 75x | as long as short |
| Variational Omni XRP | +0.129% | +0.0100% | 8h | $5.1M | $18.6M | — | as long as short |
| Bitget XRPUSDT | +0.133% | +0.0100% | 8h | $257.1M | $308.8M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.139% | +0.0207% | 1h | $1.3M | $15K | 15x | as long as short |
| Arcus XRP-USD | +0.147% | +0.0100% | 1h | $116K | $567K | 20x | as long as short |
| Katana Perps XRP-USD | +0.147% | +0.0100% | 8h | $11K | $241K | 20x | as long as short |
| MEXC XRP_USDT | +0.147% | +0.0100% | 8h | $294.4M | $732.5M | 300x | as long as short |
| Bullet XRP-USD | +0.147% | +0.0100% | 1h | $41K | $57K | 20x | as long as short |
| Aster XRPUSDT | +0.153% | +0.0100% | 8h | $38.1M | $66.4M | 100x | as long as short |
| Gate XRP_USDT | +0.153% | +0.0100% | 8h | $345.9M | $124.5M | 100x | as long as short |
| 01 Exchange XRPUSD | +0.167% | +0.0152% | 1h | $8K | $8K | 10x | as long as short |
| Kalshi KXXRPPERP | +0.167% | +0.0169% | 8h | $1.7M | $32.7M | 2.9x | as long as short |
| Paradex XRP-USD-PERP | +0.172% | +0.0100% | 8h | $468K | $54K | 50x | as long as short |
| BingX XRP-USDT | +0.173% | +0.0100% | 8h | — | $98.7M | — | as long as short |
| Polymarket Perps XRP-USD | +0.173% | +0.0100% | 1h | $65K | $383K | 20x | as long as short |
| Bybit XRPUSDT | +0.180% | +0.0100% | 8h | $332.0M | $734.9M | 100x | as long as short |
| RISEx XRP/USDC | +0.186% | +0.0490% | 1h | $388K | $450K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.187% | +0.0048% | 8h | $184K | $774K | 50x | as long as short |
| Binance XRPUSDT | +0.192% | +0.0100% | 8h | $531.9M | $1.66B | 100x | as long as short |
| gTrade (Gains Network) XRP/USD | +0.194% | L +0.0003% / S −0.0003% | 1h | $218K | — | 150x | as long as short |
| Hyperliquid XRP | +0.220% | +0.0286% | 1h | $264.0M | $150.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.260% | +0.0100% | 1h | $996K | $717K | 50x | as long as short |