Spread before costs (cost unknown: a leg has no order-book sample)−0.094%
7d average+0.033%if it closes, per $10,000$9funding while held, a day−$11.97
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XRP_USDT | 1.4877 | 0.0100 | pay 0.0100% / 8h | 2h 30m | $257.7M | $636.3M | 300x |
| Short | GMX XRP/USD [ETH-USDC] | 1.4863 | L −0.0223% / S +0.0299% | pay 0.0037% / 1h | 30m 36s | $1.6M | — | 200x |
MEXC XRP_USDT
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
- −$9.4
- Funding while held
- −$11.97
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$33.37
- Spread needed to break even
- 0.120%
Slippage unknown: MEXC: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0399%
- Per $10,000 a day
- −$11.97
- 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 MEXC live order book, 5 min ago | 0.34 bp | 0.3 bp $0 | 0.4 bp −$4 | 5.0 bp −$505 | 17.9 bp −$8,929 |
| 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
HTX1.4855+5.432%Variational Omni1.4856+5.434%Derive1.4858+5.447%Phoenix1.4860+5.465%Orderly1.4862+5.479%
Injective
HTX
Variational Omni
Derive
Phoenix
OrderlyGMX1.4863+5.486%
Phemex1.4864+5.493%Extended1.4865+5.500%Ondo Perps1.4865+5.500%gTrade (Gains Network)1.4865+5.502%Aster1.4865+5.503%Reya1.4866+5.506%BingX1.4866+5.507%Nado1.4867+5.511%Lighter RH1.4867+5.515%Katana Perps1.4867+5.515%Backpack1.4867+5.515%Bullet1.4867+5.515%edgeX1.4868+5.525%ApeX Omni1.4869+5.529%Paradex1.4869+5.532%OKX1.4870+5.536%Gate1.4870+5.536%Hibachi1.4870+5.538%RISEx1.4870+5.538%KuCoin1.4871+5.540%Aevo1.4871+5.543%BloFin1.4871+5.543%Polymarket Perps1.4872+5.550%Bitget1.4873+5.557%Vest1.4874+5.561%Bybit1.4874+5.564%01 Exchange1.4874+5.564%Deribit1.4874+5.564%Arcus1.4875+5.571%SoDEX1.4875+5.571%Kraken Futures1.4875+5.572%dYdX1.4876+5.579%Pacifica1.4876+5.579%SunX1.4876+5.581%Lighter1.4877+5.584%Binance1.4877+5.586%
Phemex
Extended
Ondo Perps
gTrade (Gains Network)
Aster
Reya
BingX
Nado
Lighter RH
Katana Perps
Backpack
Bullet
ApeX Omni
Paradex
OKX
Gate
Hibachi
RISEx
KuCoin
Aevo
BloFin
Polymarket Perps
Bitget
Vest
Bybit
Deribit
Arcus
SoDEX
Kraken Futures
dYdX
Pacifica
SunX
Lighter
BinanceMEXC1.4877+5.586%
Coinbase International1.4881+5.614%Kalshi1.4882+5.621%Aftermath Perps1.4882+5.622%Hotstuff1.4884+5.635%Hyperliquid1.4891+5.685%Bulk1.4913+5.841%
Coinbase International
Hotstuff
Hyperliquid
BulkXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −5.290% | +0.0033% | 1h | $2K | $85K | 30x | as long as short |
| HTX XRP-USDT | −0.146% | +0.0100% | 8h | $49.3M | $11.3M | 75x | as long as short |
| Variational Omni XRP | −0.144% | +0.0100% | 8h | $5.2M | $10.6M | — | as long as short |
| Derive XRP-PERP | −0.131% | +0.0100% | 1h | $800K | $50K | 10x | as long as short |
| Phoenix XRP | −0.114% | 0.0000% | 1h | $26K | $21K | 15x | as long as short |
| Orderly PERP_XRP_USDC | −0.101% | +0.0054% | 8h | $194K | $567K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC]short | −0.094% | L −0.0223% / S +0.0299% | 1h | $1.6M | — | 200x | |
| Phemex XRPUSDT | −0.087% | +0.0100% | 8h | $53.5M | $23.2M | 50x | as long as short |
| Extended XRP-USD | −0.081% | +0.0104% | 1h | $2.0M | $5.8M | 50x | as long as short |
| Ondo Perps XRP-USD.P | −0.081% | +0.0100% | 1h | $555K | $45K | 5x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XRP/USD | −0.079% | L +0.0003% / S −0.0003% | 1h | $207K | — | 150x | as long as short |
| Aster XRPUSDT | −0.078% | +0.0100% | 8h | $37.9M | $58.4M | 100x | as long as short |
| Reya XRPRUSDPERP | −0.076% | +0.0203% | 1h | $1.3M | $15K | 15x | as long as short |
| BingX XRP-USDC | −0.074% | +0.0100% | 8h | — | $3.2M | — | as long as short |
| Nado XRP-PERP | −0.071% | +0.0100% | 1h | $1.1M | $4.0M | 20x | as long as short |
| Lighter RH XRP | −0.067% | +0.0096% | 1h | $444K | $1.5M | 20x | as long as short |
| Katana Perps XRP-USD | −0.067% | +0.0100% | 8h | $13K | $176K | 20x | as long as short |
| Backpack XRP_USDC_PERP | −0.067% | +0.0100% | 1h | $1.7M | $904K | 25x | as long as short |
| Bullet XRP-USD | −0.067% | +0.0100% | 1h | $41K | $49K | 20x | as long as short |
| edgeX XRPUSDC | −0.058% | −0.0100% | 4h | $675K | $72.3M | 30x | as long as short |
| ApeX Omni XRPUSDT | −0.054% | +0.0100% | 1h | $982K | $564K | 50x | as long as short |
| Paradex XRP-USD-PERP | −0.051% | +0.0100% | 8h | $465K | $32K | 50x | as long as short |
| OKX XRP-USDT-SWAP | −0.047% | +0.0100% | 8h | $125.5M | $668.2M | 100x | as long as short |
| Gate XRP_USDT | −0.047% | +0.0100% | 8h | $345.2M | $113.3M | 100x | as long as short |
| Hibachi XRP/USDT-P | −0.045% | +0.0224% | 1h | $20K | $24K | 7x | as long as short |
| RISEx XRP/USDC | −0.045% | +0.0534% | 1h | $424K | $326K | 10x | as long as short |
| KuCoin XRPUSDTM | −0.043% | +0.0100% | 8h | $110.6M | $134.4M | 75x | as long as short |
| Aevo XRP-PERP | −0.040% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| BloFin XRP-USDT | −0.040% | +0.0220% | 8h | $23.5M | $45.6M | 125x | as long as short |
| Polymarket Perps XRP-USD | −0.034% | +0.0100% | 1h | $57K | $249K | 20x | as long as short |
| Bitget XRPUSDT | −0.027% | +0.0100% | 8h | $258.7M | $260.0M | 125x | as long as short |
| Vest XRP-PERP | −0.023% | +0.0100% | 1h | — | $3K | 10x | as long as short |
| Bybit XRPUSDT | −0.020% | +0.0100% | 8h | $327.9M | $652.2M | 100x | as long as short |
| 01 Exchange XRPUSD | −0.020% | +0.0152% | 1h | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | −0.020% | 0.0000% | 1h | $8.1M | $16.6M | 50x | as long as short |
| Arcus XRP-USD | −0.013% | +0.0100% | 1h | $117K | $568K | 20x | as long as short |
| SoDEX XRP-USD | −0.013% | +0.0100% | 1h | $29K | $2.1M | 10x | as long as short |
| Kraken Futures PF_XRPUSD | −0.013% | +0.0138% | 1h | $17.4M | $37.0M | 50x | as long as short |
| dYdX XRP-USD | −0.007% | 0.0000% | 1h | $1.1M | $109K | 10x | as long as short |
| Pacifica XRP | −0.006% | +0.0100% | 1h | $549K | $725K | 20x | as long as short |
| SunX XRP-USDT | −0.005% | +0.0100% | 8h | $124K | $1.5M | 30x | as long as short |
| Lighter XRP | −0.001% | +0.0096% | 1h | $2.5M | $5.2M | 20x | as long as short |
| Binance XRPUSDT | 0.000% | +0.0100% | 8h | $531.5M | $1.43B | 100x | as long as short |
| MEXC XRP_USDTlong | 0.000% | +0.0100% | 8h | $257.7M | $636.3M | 300x | |
| Coinbase International XRP-PERP-INTX | +0.027% | +0.0208% | 1h | $5.5M | $29.8M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.034% | +0.0142% | 8h | $1.7M | $32.8M | 2.9x | as long as short |
| Aftermath Perps XRPUSD | +0.035% | +0.0715% | 1h | $1K | $7K | 10x | as long as short |
| Hotstuff XRP-PERP | +0.047% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Hyperliquid XRP | +0.094% | +0.0535% | 1h | $260.9M | $127.4M | 20x | as long as short |
| Bulk XRP-USD | +0.242% | +0.0100% | 1h | $1.7M | $142K | 20x | as long as short |