data as of
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Price arb /

XRP

all XRP markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$49
spread now−0.322%7d average−0.002%fees + slippage, in and out−$17spread needed0.166%
Long on LighterShort on BloFin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XRP1.49330.0096pay 0.0012% / 1h27m 19s$2.4M$6.0M20x
ShortBloFin XRP-USDT1.48850.0220get 0.0220% / 8h1h 27m$23.1M$50.3M125x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$32.2
Funding while held
$3.72
Slippage, 4 orders
−$4.57
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$45.04
Spread needed to break even
0.166%
Slippage from Lighter: live order book, 7 min ago; BloFin: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.0124%
Per $10,000 a day
+$3.72
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 7 min ago1.36 bp1.4 bp −$15.5 bp −$5513.0 bp −$1,30033.9 bp −$17.0K
Sell BloFin live order book, 3 min ago0.34 bp7.0 bp −$77.0 bp −$708.2 bp −$81717.3 bp −$8,669

XRP price on every exchange

against the cheapest. Click to use as the short leg.
Injective1.4090cheapest
Bulk1.4856+5.434%
BloFin1.4885+5.642%
edgeX1.4890+5.676%Aftermath Perps1.4906+5.790%Phoenix1.4910+5.820%HTX1.4912+5.831%Hibachi1.4912+5.836%Backpack1.4920+5.891%dYdX1.4923+5.911%Katana Perps1.4925+5.926%Ondo Perps1.4927+5.940%Vest1.4927+5.941%Phemex1.4928+5.947%Reya1.4929+5.955%Extended1.4929+5.956%Hotstuff1.4930+5.962%Kraken Futures1.4930+5.964%Aevo1.4930+5.965%GMX1.4931+5.966%Lighter RH1.4931+5.969%Orderly1.4931+5.969%gTrade (Gains Network)1.4931+5.970%SoDEX1.4932+5.976%Deribit1.4932+5.976%Coinbase International1.4932+5.976%Bullet1.4933+5.983%
Lighter1.4933+5.984%
Derive1.4933+5.984%Gate1.4934+5.990%Aster1.4935+5.997%Pacifica1.4935+5.997%MEXC1.4935+5.997%Bitget1.4935+5.997%BingX1.4935+5.997%Nado1.4935+6.001%Polymarket Perps1.4936+6.004%Binance1.4936+6.006%Bybit1.4937+6.011%Arcus1.4937+6.011%KuCoin1.4937+6.014%Paradex1.4938+6.018%OKX1.4938+6.018%ApeX Omni1.4938+6.018%Variational Omni1.4939+6.025%SunX1.4939+6.026%RISEx1.4940+6.034%Kalshi1.4943+6.054%Hyperliquid1.4957+6.153%

XRP on 49 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective XRP/USDC PERP−5.646%+0.0033%1h$2K$63K30xas long as short
Bulk XRP-USD−0.519%+0.0100%1h$1.7M$89K20xas long as short
BloFin XRP-USDTshort−0.322%+0.0220%8h$23.1M$50.3M125x
edgeX XRPUSDC−0.290%−0.0116%4h$676K$78.7M30xas long as short
Aftermath Perps XRPUSD−0.182%+0.0784%1h$1K$8K10xas long as short
Phoenix XRP−0.155%0.0000%1h$26K$22K15xas long as short
HTX XRP-USDT−0.144%+0.0100%8h$49.4M$12.0M75xas long as short
Hibachi XRP/USDT-P−0.139%+0.0288%1h$20K$25K7xas long as short
Backpack XRP_USDC_PERP−0.088%+0.0103%1h$1.6M$921K25xas long as short
dYdX XRP-USD−0.068%0.0000%1h$1.1M$118K10xas long as short
Show all 49 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Katana Perps XRP-USD−0.054%+0.0100%8h$14K$200K20xas long as short
Ondo Perps XRP-USD.P−0.041%+0.0100%1h$558K$45K5xas long as short
Vest XRP-PERP−0.040%+0.0100%1h—$9K10xas long as short
Phemex XRPUSDT−0.034%+0.0100%8h$53.6M$24.3M50xas long as short
Reya XRPRUSDPERP−0.027%+0.0204%1h$1.3M$15K15xas long as short
Extended XRP-USD−0.026%+0.0104%1h$2.0M$7.0M50xas long as short
Hotstuff XRP-PERP−0.021%−0.0080%1h$6K$2K20xas long as short
Kraken Futures PF_XRPUSD−0.019%+0.0169%1h$17.1M$40.2M50xas long as short
Aevo XRP-PERP−0.017%+0.0104%1h$72K$39K3xas long as short
GMX XRP/USD [ETH-USDC]−0.017%L −0.0205% / S +0.0292%1h$1.6M—200xas long as short
Lighter RH XRP−0.014%+0.0096%1h$445K$1.8M20xas long as short
Orderly PERP_XRP_USDC−0.014%+0.0050%8h$189K$757K50xas long as short
gTrade (Gains Network) XRP/USD−0.013%L +0.0003% / S −0.0003%1h$208K—150xas long as short
SoDEX XRP-USD−0.007%+0.0100%1h$29K$2.2M10xas long as short
Deribit XRP_USDC-PERPETUAL−0.007%0.0000%1h$8.1M$18.6M50xas long as short
Coinbase International XRP-PERP-INTX−0.007%+0.0208%1h$5.1M$34.5M50xas long as short
Bullet XRP-USD−0.001%+0.0100%1h$41K$52K20xas long as short
Lighter XRPlong0.000%+0.0096%1h$2.4M$6.0M20x
Derive XRP-PERP0.000%+0.0100%1h$804K$66K10xas long as short
Gate XRP_USDT+0.006%+0.0100%8h$349.6M$117.8M100xas long as short
Aster XRPUSDT+0.013%+0.0100%8h$37.8M$62.2M100xas long as short
Pacifica XRP+0.013%+0.0100%1h$588K$919K20xas long as short
MEXC XRP_USDT+0.013%+0.0100%8h$246.1M$681.1M300xas long as short
Bitget XRPUSDT+0.013%+0.0100%8h$258.0M$281.8M125xas long as short
BingX XRP-USDT+0.013%+0.0100%8h—$85.9M—as long as short
Nado XRP-PERP+0.016%+0.0100%1h$1.1M$4.3M20xas long as short
Polymarket Perps XRP-USD+0.020%+0.0100%1h$66K$339K20xas long as short
Binance XRPUSDT+0.021%+0.0100%8h$528.6M$1.54B100xas long as short
Bybit XRPUSDT+0.026%+0.0100%8h$322.9M$705.9M100xas long as short
Arcus XRP-USD+0.026%+0.0100%1h$119K$570K20xas long as short
KuCoin XRPUSDTM+0.029%+0.0100%8h$112.9M$138.2M75xas long as short
Paradex XRP-USD-PERP+0.033%+0.0100%8h$467K$54K50xas long as short
OKX XRP-USDT-SWAP+0.033%+0.0100%8h$126.6M$722.6M100xas long as short
ApeX Omni XRPUSDT+0.033%+0.0100%1h$992K$588K50xas long as short
Variational Omni XRP+0.040%+0.0100%8h$5.4M$12.7M—as long as short
SunX XRP-USDT+0.040%+0.0100%8h$125K$1.6M30xas long as short
RISEx XRP/USDC+0.048%+0.0427%1h$390K$402K10xas long as short
Kalshi KXXRPPERP+0.066%+0.0150%8h$1.7M$33.1M2.9xas long as short
Hyperliquid XRP+0.160%+0.0636%1h$260.2M$140.0M20xas long as short