Spread before costs (cost unknown: a leg has no order-book sample)−0.293%
7d average—if it closes, per $10,000$29funding while held, a day+$0.14
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix XRP | 1.5140 | 0 | get 0.0000% / 1h | 0m 55s | $67K | $86K | 15x |
| Short | gTrade (Gains Network) XRP/USD | 1.5096 | L +0.0003% / S −0.0005% | get 0.0001% / 1h | 0m 55s | $268K | — | 150x |
Phoenix XRP
gTrade (Gains Network) XRP/USDPrice 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
- −$29.33
- Funding while held
- $0.14
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$46.19
- Spread needed to break even
- 0.170%
Slippage unknown: Phoenix: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 35 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0005%
- Per $10,000 a day
- +$0.14
- 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) virtual book (oracle venue), 35 min ago | 130.02 bp | 135.0 bp −$135 | 193.2 bp −$1,932 | 1958.1 bp −$195.8K | doesn't fit |
Phoenix: 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
HTX1.5085+7.062%dYdX1.5087+7.075%BloFin1.5088+7.083%Pacifica1.5088+7.086%Orderly1.5089+7.090%Paradex1.5092+7.112%Derive1.5092+7.114%SunX1.5093+7.116%01 Exchange1.5093+7.119%Polymarket Perps1.5093+7.119%Phemex1.5093+7.119%Reya1.5094+7.124%Aster1.5094+7.126%Gate1.5094+7.126%Bitget1.5094+7.126%SoDEX1.5094+7.126%Nado1.5094+7.129%Bullet1.5095+7.130%Aevo1.5095+7.131%Kraken Futures1.5095+7.132%Lighter RH1.5095+7.133%Arcus1.5095+7.133%Katana Perps1.5095+7.133%Lighter1.5095+7.133%Vest1.5095+7.134%GMX1.5095+7.136%
Injective
HTX
dYdX
BloFin
Pacifica
Orderly
Paradex
Derive
SunX
Polymarket Perps
Phemex
Reya
Aster
Gate
Bitget
SoDEX
Nado
Bullet
Aevo
Kraken Futures
Lighter RH
Arcus
Katana Perps
Lighter
Vest
GMXgTrade (Gains Network)1.5096+7.137%
OKX1.5097+7.147%BingX1.5097+7.147%RISEx1.5098+7.154%Bybit1.5098+7.154%Extended1.5098+7.156%Binance1.5098+7.156%MEXC1.5099+7.161%Deribit1.5099+7.161%KuCoin1.5101+7.175%Kalshi1.5101+7.175%Coinbase International1.5101+7.175%Aftermath Perps1.5102+7.181%Backpack1.5102+7.182%Hotstuff1.5107+7.218%Hyperliquid1.5111+7.246%Hibachi1.5112+7.256%Ondo Perps1.5119+7.303%Variational Omni1.5120+7.310%Bulk1.5130+7.379%edgeX1.5132+7.394%ApeX Omni1.5132+7.395%
OKX
BingX
RISEx
Bybit
Extended
Binance
MEXC
Deribit
KuCoin
Coinbase International
Backpack
Hotstuff
Hyperliquid
Hibachi
Ondo Perps
Variational Omni
Bulk
ApeX OmniPhoenix1.5140+7.452%
XRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −6.935% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| HTX XRP-USDT | −0.363% | +0.0100% | 8h | $49.7M | $13.5M | 75x | as long as short |
| dYdX XRP-USD | −0.351% | 0.0000% | 1h | $1.1M | $101K | 10x | as long as short |
| BloFin XRP-USDT | −0.343% | +0.0220% | 8h | $23.8M | $58.9M | 125x | as long as short |
| Pacifica XRP | −0.341% | +0.0100% | 1h | $667K | $1.0M | 20x | as long as short |
| Orderly PERP_XRP_USDC | −0.337% | +0.0055% | 8h | $180K | $777K | 50x | as long as short |
| Paradex XRP-USD-PERP | −0.316% | +0.0100% | 8h | $471K | $54K | 50x | as long as short |
| Derive XRP-PERP | −0.315% | +0.0100% | 1h | $813K | $67K | 10x | as long as short |
| SunX XRP-USDT | −0.312% | +0.0100% | 8h | $126K | $1.7M | 30x | as long as short |
| 01 Exchange XRPUSD | −0.310% | +0.0160% | 1h | $8K | $8K | 10x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps XRP-USD | −0.310% | +0.0100% | 1h | $50K | $417K | 20x | as long as short |
| Phemex XRPUSDT | −0.310% | +0.0100% | 8h | $55.0M | $26.1M | 50x | as long as short |
| Reya XRPRUSDPERP | −0.305% | +0.0208% | 1h | $1.3M | $11K | 15x | as long as short |
| Aster XRPUSDT | −0.304% | +0.0100% | 8h | $38.3M | $67.5M | 100x | as long as short |
| Gate XRP_USDT | −0.304% | +0.0100% | 8h | $351.8M | $128.1M | 100x | as long as short |
| Bitget XRPUSDT | −0.304% | +0.0100% | 8h | $260.3M | $316.8M | 125x | as long as short |
| SoDEX XRP-USD | −0.304% | +0.0100% | 1h | $30K | $1.8M | 10x | as long as short |
| Nado XRP-PERP | −0.301% | +0.0100% | 1h | $1.1M | $5.0M | 20x | as long as short |
| Bullet XRP-USD | −0.299% | +0.0100% | 1h | $41K | $61K | 20x | as long as short |
| Aevo XRP-PERP | −0.299% | +0.0104% | 1h | $73K | $39K | 3x | as long as short |
| Kraken Futures PF_XRPUSD | −0.298% | +0.0099% | 1h | $15.9M | $53.7M | 50x | as long as short |
| Lighter RH XRP | −0.297% | +0.0096% | 1h | $582K | $2.4M | 20x | as long as short |
| Arcus XRP-USD | −0.297% | +0.0100% | 1h | $122K | $589K | 20x | as long as short |
| Katana Perps XRP-USD | −0.297% | +0.0100% | 8h | $11K | $243K | 20x | as long as short |
| Lighter XRP | −0.297% | +0.0096% | 1h | $3.0M | $9.9M | 20x | as long as short |
| Vest XRP-PERP | −0.296% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | −0.294% | L −0.0206% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| gTrade (Gains Network) XRP/USDshort | −0.293% | L +0.0003% / S −0.0005% | 1h | $268K | — | 150x | |
| OKX XRP-USDT-SWAP | −0.284% | +0.0100% | 8h | $126.9M | $793.2M | 100x | as long as short |
| BingX XRP-USDT | −0.284% | +0.0100% | 8h | — | $103.8M | — | as long as short |
| RISEx XRP/USDC | −0.278% | +0.0465% | 1h | $390K | $465K | 10x | as long as short |
| Bybit XRPUSDT | −0.277% | +0.0100% | 8h | $344.8M | $773.2M | 100x | as long as short |
| Extended XRP-USD | −0.275% | +0.0104% | 1h | $2.0M | $6.8M | 50x | as long as short |
| Binance XRPUSDT | −0.275% | +0.0100% | 8h | $539.4M | $1.71B | 100x | as long as short |
| MEXC XRP_USDT | −0.271% | +0.0100% | 8h | $303.4M | $758.3M | 300x | as long as short |
| Deribit XRP_USDC-PERPETUAL | −0.271% | 0.0000% | 1h | $8.7M | $21.6M | 50x | as long as short |
| KuCoin XRPUSDTM | −0.258% | +0.0100% | 8h | $111.8M | $136.6M | 75x | as long as short |
| Kalshi KXXRPPERP | −0.258% | +0.0175% | 8h | $1.7M | $32.0M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTX | −0.258% | +0.0216% | 1h | $5.2M | $39.5M | 50x | as long as short |
| Aftermath Perps XRPUSD | −0.252% | +0.0550% | 1h | $1K | $9K | 10x | as long as short |
| Backpack XRP_USDC_PERP | −0.251% | +0.0200% | 1h | $1.7M | $893K | 25x | as long as short |
| Hotstuff XRP-PERP | −0.218% | −0.0080% | 1h | $7K | $2K | 20x | as long as short |
| Hyperliquid XRP | −0.192% | +0.0524% | 1h | $274.6M | $155.4M | 20x | as long as short |
| Hibachi XRP/USDT-P | −0.183% | +0.0320% | 1h | $19K | $37K | 7x | as long as short |
| Ondo Perps XRP-USD.P | −0.139% | +0.0100% | 1h | $562K | $45K | 5x | as long as short |
| Variational Omni XRP | −0.132% | +0.0100% | 8h | $6.3M | $19.8M | — | as long as short |
| Bulk XRP-USD | −0.068% | +0.0100% | 1h | $1.6M | $171K | 20x | as long as short |
| edgeX XRPUSDC | −0.054% | +0.0100% | 4h | $657K | $87.9M | 30x | as long as short |
| ApeX Omni XRPUSDT | −0.053% | +0.0100% | 1h | $1.0M | $783K | 50x | as long as short |
| Phoenix XRPlong | 0.000% | 0.0000% | 1h | $67K | $86K | 15x |