Spread before costs (cost unknown: a leg has no order-book sample)−0.328%
7d average+0.026%if it closes, per $10,000$33funding while held, a day−$3.22
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya XRPRUSDPERP | 1.4990 | 0.0207 | pay 0.0026% / 1h | 54m 45s | $1.3M | $12K | 15x |
| Short | Variational Omni XRP | 1.4940 | 0.0100 | get 0.0100% / 8h | 5h 54m | $5.2M | $18.7M | — |
Reya XRPRUSDPERP
Variational Omni XRPPrice 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
- −$32.84
- Funding while held
- −$3.22
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$42.06
- Spread needed to break even
- 0.060%
Slippage unknown: Reya: no order-book sample; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0107%
- Per $10,000 a day
- −$3.22
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 2.04 bp | doesn't fit | 2.0 bp −$20 | 14.9 bp −$1,495 | doesn't fit |
Reya: 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
Bulk1.4902+5.763%Ondo Perps1.4934+5.990%
Injective
Bulk
Ondo PerpsVariational Omni1.4940+6.036%
Nado1.4943+6.054%edgeX1.4947+6.081%Aftermath Perps1.4949+6.099%Phoenix1.4950+6.104%ApeX Omni1.4951+6.111%Hotstuff1.4953+6.125%Hibachi1.4956+6.148%Vest1.4979+6.313%HTX1.4981+6.324%Orderly1.4987+6.366%
Nado
Phoenix
ApeX Omni
Hotstuff
Hibachi
Vest
HTX
OrderlyReya1.4990+6.385%
Derive1.4990+6.386%GMX1.4990+6.389%gTrade (Gains Network)1.4990+6.390%Aevo1.4991+6.393%SoDEX1.4991+6.395%BloFin1.4991+6.395%Bullet1.4992+6.400%Polymarket Perps1.4992+6.402%Katana Perps1.4993+6.409%Phemex1.4993+6.409%Extended1.4993+6.412%01 Exchange1.4994+6.416%Deribit1.4995+6.423%Kraken Futures1.4995+6.425%Arcus1.4996+6.430%Coinbase International1.4996+6.430%RISEx1.4997+6.434%SunX1.4997+6.436%Gate1.4997+6.437%Aster1.4998+6.445%Bitget1.4999+6.451%dYdX1.5000+6.458%BingX1.5000+6.458%Kalshi1.5000+6.458%Backpack1.5001+6.466%Bybit1.5003+6.480%OKX1.5004+6.487%KuCoin1.5004+6.490%Lighter RH1.5005+6.494%MEXC1.5006+6.501%Binance1.5006+6.502%Pacifica1.5007+6.508%Lighter1.5010+6.530%Hyperliquid1.5014+6.558%Paradex1.5017+6.576%
Derive
GMX
gTrade (Gains Network)
Aevo
SoDEX
BloFin
Bullet
Polymarket Perps
Katana Perps
Phemex
Extended
Deribit
Kraken Futures
Arcus
Coinbase International
RISEx
SunX
Gate
Aster
Bitget
dYdX
BingX
Backpack
Bybit
OKX
KuCoin
Lighter RH
MEXC
Binance
Pacifica
Lighter
Hyperliquid
ParadexXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −6.002% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Bulk XRP-USD | −0.585% | +0.0100% | 1h | $1.6M | $259K | 20x | as long as short |
| Ondo Perps XRP-USD.P | −0.372% | +0.0100% | 1h | $558K | $47K | 5x | as long as short |
| Variational Omni XRPshort | −0.328% | +0.0100% | 8h | $5.2M | $18.7M | — | |
| Nado XRP-PERP | −0.312% | +0.0100% | 1h | $1.1M | $4.8M | 20x | as long as short |
| edgeX XRPUSDC | −0.286% | +0.0100% | 4h | $650K | $85.4M | 30x | as long as short |
| Aftermath Perps XRPUSD | −0.270% | +0.0495% | 1h | $1K | $9K | 10x | as long as short |
| Phoenix XRP | −0.265% | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
| ApeX Omni XRPUSDT | −0.258% | +0.0100% | 1h | $995K | $762K | 50x | as long as short |
| Hotstuff XRP-PERP | −0.245% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hibachi XRP/USDT-P | −0.223% | +0.0152% | 1h | $19K | $30K | 7x | as long as short |
| Vest XRP-PERP | −0.068% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| HTX XRP-USDT | −0.057% | +0.0100% | 8h | $49.4M | $13.2M | 75x | as long as short |
| Orderly PERP_XRP_USDC | −0.018% | +0.0052% | 8h | $185K | $774K | 50x | as long as short |
| Reya XRPRUSDPERPlong | 0.000% | +0.0207% | 1h | $1.3M | $12K | 15x | |
| Derive XRP-PERP | 0.000% | +0.0100% | 1h | $807K | $65K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | +0.003% | L −0.0208% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| gTrade (Gains Network) XRP/USD | +0.004% | L +0.0003% / S −0.0003% | 1h | $219K | — | 150x | as long as short |
| Aevo XRP-PERP | +0.007% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| SoDEX XRP-USD | +0.009% | +0.0100% | 1h | $31K | $1.9M | 10x | as long as short |
| BloFin XRP-USDT | +0.009% | +0.0220% | 8h | $23.6M | $57.1M | 125x | as long as short |
| Bullet XRP-USD | +0.014% | +0.0100% | 1h | $41K | $58K | 20x | as long as short |
| Polymarket Perps XRP-USD | +0.015% | +0.0100% | 1h | $64K | $397K | 20x | as long as short |
| Katana Perps XRP-USD | +0.022% | +0.0100% | 8h | $13K | $245K | 20x | as long as short |
| Phemex XRPUSDT | +0.022% | +0.0100% | 8h | $54.5M | $25.7M | 50x | as long as short |
| Extended XRP-USD | +0.025% | +0.0104% | 1h | $2.0M | $6.7M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.029% | +0.0128% | 1h | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.035% | 0.0000% | 1h | $8.6M | $20.7M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.037% | +0.0100% | 1h | $17.0M | $45.7M | 50x | as long as short |
| Arcus XRP-USD | +0.042% | +0.0100% | 1h | $117K | $566K | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.042% | +0.0216% | 1h | $5.1M | $38.0M | 50x | as long as short |
| RISEx XRP/USDC | +0.046% | +0.0465% | 1h | $388K | $457K | 10x | as long as short |
| SunX XRP-USDT | +0.048% | +0.0100% | 8h | $125K | $1.7M | 30x | as long as short |
| Gate XRP_USDT | +0.049% | +0.0100% | 8h | $347.7M | $122.9M | 100x | as long as short |
| Aster XRPUSDT | +0.056% | +0.0100% | 8h | $37.9M | $66.9M | 100x | as long as short |
| Bitget XRPUSDT | +0.062% | +0.0100% | 8h | $257.7M | $310.1M | 125x | as long as short |
| dYdX XRP-USD | +0.068% | 0.0000% | 1h | $1.1M | $96K | 10x | as long as short |
| BingX XRP-USDC | +0.069% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Kalshi KXXRPPERP | +0.069% | +0.0157% | 8h | $1.7M | $32.4M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.075% | +0.0157% | 1h | $1.6M | $875K | 25x | as long as short |
| Bybit XRPUSDT | +0.089% | +0.0100% | 8h | $332.2M | $740.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.095% | +0.0100% | 8h | $124.7M | $773.2M | 100x | as long as short |
| KuCoin XRPUSDTM | +0.098% | +0.0100% | 8h | $112.3M | $130.9M | 75x | as long as short |
| Lighter RH XRP | +0.102% | +0.0096% | 1h | $444K | $2.2M | 20x | as long as short |
| MEXC XRP_USDT | +0.109% | +0.0100% | 8h | $299.7M | $718.8M | 300x | as long as short |
| Binance XRPUSDT | +0.109% | +0.0100% | 8h | $533.2M | $1.67B | 100x | as long as short |
| Pacifica XRP | +0.115% | +0.0100% | 1h | $662K | $1.0M | 20x | as long as short |
| Lighter XRP | +0.136% | +0.0096% | 1h | $2.9M | $9.5M | 20x | as long as short |
| Hyperliquid XRP | +0.162% | +0.0324% | 1h | $267.5M | $151.1M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.179% | +0.0100% | 8h | $470K | $54K | 50x | as long as short |