data as of
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Price arb /

XRP

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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−$15
spread now−0.028%7d average−0.010%fees + slippage, in and out−$13spread needed0.130%
Long on PacificaShort on Lighter RH
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XRP1.48930.0100pay 0.0013% / 1h57m 15s$657K$1.0M20x
ShortLighter RH XRP1.48890.0096get 0.0012% / 1h57m 15s$447K$2.1M20x

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
−$2.83
Funding while held
−$0.12
Slippage, 4 orders
−$5.02
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$15.97
Spread needed to break even
0.130%
Slippage from Pacifica: live order book, 3 min ago; Lighter RH: live order book, 2 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 Pacifica live order book, 3 min ago0.34 bp4.9 bp −$56.2 bp −$62doesn't fitdoesn't fit
Sell Lighter RH live order book, 2 min ago1.01 bp1.0 bp −$14.7 bp −$4736.4 bp −$3,644doesn't fit

XRP price on every exchange

against the cheapest. Click to use as the short leg.
Injective1.4090cheapest
ApeX Omni1.4881+5.614%Phemex1.4882+5.621%Bybit1.4883+5.628%Gate1.4883+5.628%BloFin1.4883+5.628%HTX1.4883+5.629%Hibachi1.4883+5.629%Nado1.4884+5.639%Bullet1.4885+5.641%OKX1.4885+5.642%Orderly1.4885+5.642%KuCoin1.4886+5.647%Derive1.4886+5.647%Aster1.4887+5.656%BingX1.4887+5.656%dYdX1.4888+5.663%Binance1.4888+5.664%Bitget1.4888+5.664%SoDEX1.4888+5.664%Vest1.4888+5.665%Reya1.4888+5.666%GMX1.4888+5.666%gTrade (Gains Network)1.4888+5.666%Extended1.4889+5.668%
Lighter RH1.4889+5.671%
MEXC1.4889+5.671%Aevo1.4890+5.675%Lighter1.4890+5.676%Arcus1.4891+5.685%Katana Perps1.4892+5.692%Hotstuff1.4892+5.692%Kraken Futures1.4892+5.692%Kalshi1.4893+5.699%Polymarket Perps1.4893+5.699%SunX1.4893+5.700%
Pacifica1.4893+5.701%
Paradex1.4896+5.719%Deribit1.4896+5.720%Backpack1.4897+5.727%01 Exchange1.4898+5.735%RISEx1.4898+5.736%Bulk1.4898+5.738%Coinbase International1.4899+5.742%Aftermath Perps1.4900+5.747%Phoenix1.4900+5.749%edgeX1.4900+5.751%Hyperliquid1.4903+5.770%Ondo Perps1.4903+5.770%Variational Omni1.4903+5.771%

XRP on 50 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective XRP/USDC PERP−5.393%+0.0033%1h$2K$63K30xas long as short
ApeX Omni XRPUSDT−0.082%+0.0100%1h$999K$820K50xas long as short
Phemex XRPUSDT−0.075%+0.0100%8h$53.9M$26.2M50xas long as short
Bybit XRPUSDT−0.069%+0.0100%8h$329.5M$738.5M100xas long as short
Gate XRP_USDT−0.069%+0.0100%8h$345.0M$122.1M100xas long as short
BloFin XRP-USDT−0.069%+0.0220%8h$23.2M$56.9M125xas long as short
HTX XRP-USDT−0.068%+0.0100%8h$49.1M$13.1M75xas long as short
Hibachi XRP/USDT-P−0.068%+0.0096%1h$19K$30K7xas long as short
Nado XRP-PERP−0.059%+0.0100%1h$1.1M$4.9M20xas long as short
Bullet XRP-USD−0.056%+0.0100%1h$41K$57K20xas long as short
Show all 50 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX XRP-USDT-SWAP−0.055%+0.0100%8h$123.7M$751.6M100xas long as short
Orderly PERP_XRP_USDC−0.055%+0.0048%8h$184K$774K50xas long as short
KuCoin XRPUSDTM−0.050%+0.0100%8h$113.5M$134.1M75xas long as short
Derive XRP-PERP−0.050%+0.0100%1h$802K$65K10xas long as short
Aster XRPUSDT−0.042%+0.0100%8h$37.8M$65.2M100xas long as short
BingX XRP-USDC−0.042%+0.0100%8h—$3.6M—as long as short
dYdX XRP-USD−0.036%0.0000%1h$1.1M$95K10xas long as short
Binance XRPUSDT−0.035%+0.0100%8h$523.2M$1.65B100xas long as short
Bitget XRPUSDT−0.035%+0.0100%8h$256.1M$308.8M125xas long as short
SoDEX XRP-USD−0.035%+0.0100%1h$31K$1.9M10xas long as short
Vest XRP-PERP−0.034%+0.0100%1h—$9K10xas long as short
Reya XRPRUSDPERP−0.033%+0.0207%1h$1.3M$15K15xas long as short
GMX XRP/USD [ETH-USDC]−0.033%L −0.0208% / S +0.0292%1h$1.6M—200xas long as short
gTrade (Gains Network) XRP/USD−0.032%L +0.0003% / S −0.0003%1h$217K—150xas long as short
Extended XRP-USD−0.031%+0.0104%1h$1.9M$6.9M50xas long as short
Lighter RH XRPshort−0.028%+0.0096%1h$447K$2.1M20x
MEXC XRP_USDT−0.028%+0.0100%8h$298.4M$717.8M300xas long as short
Aevo XRP-PERP−0.025%+0.0104%1h$72K$39K3xas long as short
Lighter XRP−0.023%+0.0096%1h$2.9M$9.2M20xas long as short
Arcus XRP-USD−0.015%+0.0100%1h$116K$574K20xas long as short
Katana Perps XRP-USD−0.008%+0.0100%8h$12K$237K20xas long as short
Hotstuff XRP-PERP−0.008%−0.0080%1h$6K$2K20xas long as short
Kraken Futures PF_XRPUSD−0.008%+0.0164%1h$16.5M$43.3M50xas long as short
Kalshi KXXRPPERP−0.001%+0.0185%8h$1.8M$32.7M2.9xas long as short
Polymarket Perps XRP-USD−0.001%+0.0100%1h$63K$383K20xas long as short
SunX XRP-USDT−0.001%+0.0100%8h$125K$1.7M30xas long as short
Pacifica XRPlong0.000%+0.0100%1h$657K$1.0M20x
Paradex XRP-USD-PERP+0.017%+0.0100%8h$466K$54K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.019%0.0000%1h$8.2M$19.5M50xas long as short
Backpack XRP_USDC_PERP+0.025%+0.0100%1h$1.6M$895K25xas long as short
01 Exchange XRPUSD+0.032%+0.0128%1h$8K$8K10xas long as short
RISEx XRP/USDC+0.033%+0.0490%1h$375K$441K10xas long as short
Bulk XRP-USD+0.035%+0.0100%1h$1.6M$257K20xas long as short
Coinbase International XRP-PERP-INTX+0.039%+0.0240%1h$5.1M$37.0M50xas long as short
Aftermath Perps XRPUSD+0.044%+0.0569%1h$1K$9K10xas long as short
Phoenix XRP+0.046%0.0000%1h$69K$86K15xas long as short
edgeX XRPUSDC+0.048%+0.0100%4h$647K$86.8M30xas long as short
Hyperliquid XRP+0.066%+0.0282%1h$263.2M$151.2M20xas long as short
Ondo Perps XRP-USD.P+0.066%+0.0100%1h$557K$48K5xas long as short
Variational Omni XRP+0.067%+0.0100%8h$5.3M$18.0M—as long as short