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−$6
spread now0.000%7d average+0.014%fees + slippage, in and out−$5spread needed0.047%
Long on Lighter RHShort on MEXC
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XRP1.49660.0096pay 0.0012% / 1h22m 42s$445K$1.8M20x
ShortMEXC XRP_USDT1.49660.0100get 0.0100% / 8h1h 22m$248.8M$685.8M300x

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
$0
Funding while held
$0.12
Slippage, 4 orders
−$4.7
Fee Lighter RH: 0 bp × 2 orders
$0
Fee MEXC: 0 bp × 2 orders
$0
Net
−$4.58
Spread needed to break even
0.047%
Slippage from Lighter RH: live order book, 2 min ago; MEXC: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.0004%
Per $10,000 a day
+$0.12
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 RH live order book, 2 min ago2.00 bp2.0 bp −$25.2 bp −$5235.3 bp −$3,530doesn't fit
Sell MEXC live order book, 3 min ago0.33 bp0.3 bp $00.3 bp −$34.3 bp −$43122.9 bp −$11.5K

XRP price on every exchange

against the cheapest. Click to use as the short leg.
Injective1.4090cheapest
Phoenix1.4910+5.820%Ondo Perps1.4927+5.940%Variational Omni1.4937+6.010%HTX1.4942+6.046%Bulk1.4942+6.050%Aftermath Perps1.4944+6.063%Katana Perps1.4949+6.097%Nado1.4950+6.107%Extended1.4952+6.115%OKX1.4953+6.125%Reya1.4956+6.143%Vest1.4957+6.156%RISEx1.4958+6.159%Polymarket Perps1.4958+6.160%dYdX1.4959+6.170%Aster1.4960+6.173%Arcus1.4961+6.182%BloFin1.4961+6.182%Binance1.4961+6.182%GMX1.4961+6.184%Lighter1.4961+6.185%gTrade (Gains Network)1.4962+6.186%Kalshi1.4962+6.189%Paradex1.4962+6.192%Orderly1.4963+6.196%Bullet1.4963+6.198%Bybit1.4964+6.203%Gate1.4964+6.203%BingX1.4964+6.203%Phemex1.4964+6.203%Pacifica1.4965+6.207%Aevo1.4965+6.208%Derive1.4965+6.212%edgeX1.4965+6.213%
Lighter RH1.4966+6.217%
Hotstuff1.4966+6.217%
MEXC1.4966+6.217%
KuCoin1.4968+6.230%Hibachi1.4968+6.231%SoDEX1.4968+6.231%Deribit1.4968+6.231%SunX1.4969+6.237%Bitget1.4970+6.246%Backpack1.4970+6.246%Kraken Futures1.4971+6.251%Coinbase International1.4974+6.274%ApeX Omni1.4978+6.302%Hyperliquid1.4990+6.388%

XRP on 49 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective XRP/USDC PERP−5.853%+0.0033%1h$2K$63K30xas long as short
Phoenix XRP−0.374%0.0000%1h$26K$22K15xas long as short
Ondo Perps XRP-USD.P−0.261%+0.0100%1h$558K$45K5xas long as short
Variational Omni XRP−0.195%+0.0100%8h$5.5M$12.9M—as long as short
HTX XRP-USDT−0.161%+0.0100%8h$49.5M$12.0M75xas long as short
Bulk XRP-USD−0.157%+0.0100%1h$1.7M$87K20xas long as short
Aftermath Perps XRPUSD−0.145%+0.0790%1h$1K$8K10xas long as short
Katana Perps XRP-USD−0.114%+0.0100%8h$14K$199K20xas long as short
Nado XRP-PERP−0.104%+0.0100%1h$1.1M$4.4M20xas long as short
Extended XRP-USD−0.096%+0.0104%1h$2.0M$7.0M50xas long as short
Show all 49 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX XRP-USDT-SWAP−0.087%+0.0100%8h$127.2M$726.0M100xas long as short
Reya XRPRUSDPERP−0.069%+0.0204%1h$1.3M$15K15xas long as short
Vest XRP-PERP−0.057%+0.0100%1h—$9K10xas long as short
RISEx XRP/USDC−0.055%+0.0427%1h$391K$402K10xas long as short
Polymarket Perps XRP-USD−0.053%+0.0100%1h$66K$339K20xas long as short
dYdX XRP-USD−0.044%0.0000%1h$1.1M$120K10xas long as short
Aster XRPUSDT−0.041%+0.0100%8h$37.9M$62.7M100xas long as short
Arcus XRP-USD−0.033%+0.0100%1h$120K$571K20xas long as short
BloFin XRP-USDT−0.033%+0.0220%8h$23.2M$51.0M125xas long as short
Binance XRPUSDT−0.033%+0.0100%8h$530.1M$1.55B100xas long as short
GMX XRP/USD [ETH-USDC]−0.031%L −0.0205% / S +0.0292%1h$1.6M—200xas long as short
Lighter XRP−0.031%+0.0096%1h$2.5M$6.2M20xas long as short
gTrade (Gains Network) XRP/USD−0.029%L +0.0003% / S −0.0003%1h$209K—150xas long as short
Kalshi KXXRPPERP−0.027%+0.0158%8h$1.7M$33.0M2.9xas long as short
Paradex XRP-USD-PERP−0.024%+0.0100%8h$468K$54K50xas long as short
Orderly PERP_XRP_USDC−0.020%+0.0050%8h$189K$760K50xas long as short
Bullet XRP-USD−0.018%+0.0100%1h$41K$52K20xas long as short
Bybit XRPUSDT−0.013%+0.0100%8h$326.7M$709.4M100xas long as short
Gate XRP_USDT−0.013%+0.0100%8h$355.3M$118.8M100xas long as short
BingX XRP-USDC−0.013%+0.0100%8h—$3.2M—as long as short
Phemex XRPUSDT−0.013%+0.0100%8h$53.8M$24.4M50xas long as short
Pacifica XRP−0.009%+0.0100%1h$589K$919K20xas long as short
Aevo XRP-PERP−0.009%+0.0104%1h$72K$39K3xas long as short
Derive XRP-PERP−0.005%+0.0100%1h$806K$66K10xas long as short
edgeX XRPUSDC−0.004%−0.0109%4h$680K$79.2M30xas long as short
Lighter RH XRPlong0.000%+0.0096%1h$445K$1.8M20x
Hotstuff XRP-PERP0.000%−0.0080%1h$6K$2K20xas long as short
MEXC XRP_USDTshort0.000%+0.0100%8h$248.8M$685.8M300x
KuCoin XRPUSDTM+0.012%+0.0100%8h$113.0M$138.3M75xas long as short
Hibachi XRP/USDT-P+0.013%+0.0296%1h$20K$23K7xas long as short
SoDEX XRP-USD+0.013%+0.0100%1h$29K$2.2M10xas long as short
Deribit XRP_USDC-PERPETUAL+0.013%0.0000%1h$8.2M$18.6M50xas long as short
SunX XRP-USDT+0.019%+0.0100%8h$125K$1.6M30xas long as short
Bitget XRPUSDT+0.027%+0.0100%8h$259.2M$283.7M125xas long as short
Backpack XRP_USDC_PERP+0.027%+0.0117%1h$1.7M$919K25xas long as short
Kraken Futures PF_XRPUSD+0.031%+0.0168%1h$17.4M$40.6M50xas long as short
Coinbase International XRP-PERP-INTX+0.053%+0.0208%1h$5.1M$34.7M50xas long as short
ApeX Omni XRPUSDT+0.080%+0.0100%1h$1.2M$694K50xas long as short
Hyperliquid XRP+0.161%+0.0656%1h$261.2M$141.3M20xas long as short