data as of
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XRP

all XRP markets
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Spread before costs (cost unknown: a leg has no order-book sample)+0.324%
7d average+0.016%if it closes, per $10,000$32funding while held, a day+$3.48
Long on Variational OmniShort on Kraken Futures
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XRP1.49640.0100pay 0.0100% / 8h7h 43m$5.3M$17.7M—
ShortKraken Futures PF_XRPUSD1.50130.0216get 0.0027% / 1h43m 04s$17.4M$42.3M50x

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
$32.4
Funding while held
$3.48
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$25.88
Spread needed to break even
0.100%
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Kraken Futures: live order book, 3 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0116%
Per $10,000 a day
+$3.48
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 Variational Omni RFQ quote, 2 min ago2.04 bpdoesn't fit5.8 bp −$5821.0 bp −$2,102doesn't fit
Sell Kraken Futures live order book, 3 min ago1.00 bp8.7 bp −$912.5 bp −$12522.1 bp −$2,21442.6 bp −$21.3K

XRP price on every exchange

against the cheapest. Click to use as the short leg.
Injective1.4090cheapest
Bulk1.4951+6.113%
Variational Omni1.4964+6.204%
Derive1.4966+6.220%Hibachi1.4968+6.232%ApeX Omni1.4973+6.267%Ondo Perps1.4976+6.288%edgeX1.4979+6.311%Hotstuff1.4980+6.317%Aftermath Perps1.4983+6.338%Phoenix1.4990+6.388%HTX1.5002+6.474%Bitget1.5005+6.494%Nado1.5006+6.505%Katana Perps1.5007+6.508%SoDEX1.5007+6.508%Aster1.5008+6.519%Vest1.5009+6.524%dYdX1.5011+6.535%Lighter1.5011+6.536%Deribit1.5011+6.537%Aevo1.5012+6.543%Pacifica1.5012+6.545%
Kraken Futures1.5013+6.548%
Extended1.5013+6.550%Arcus1.5013+6.551%BloFin1.5013+6.551%Gate1.5015+6.565%Orderly1.5015+6.565%KuCoin1.5015+6.568%01 Exchange1.5016+6.572%BingX1.5016+6.572%Phemex1.5016+6.572%GMX1.5016+6.575%Bullet1.5017+6.579%Bybit1.5017+6.579%SunX1.5017+6.583%OKX1.5018+6.586%MEXC1.5018+6.586%gTrade (Gains Network)1.5019+6.591%RISEx1.5020+6.602%Paradex1.5021+6.606%Lighter RH1.5021+6.608%Kalshi1.5021+6.608%Polymarket Perps1.5021+6.608%Reya1.5021+6.608%Binance1.5023+6.618%Coinbase International1.5023+6.622%Backpack1.5027+6.650%Hyperliquid1.5036+6.714%

XRP on 50 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective XRP/USDC PERP−5.841%+0.0033%1h$2K$63K30xas long as short
Bulk XRP-USD−0.085%+0.0100%1h$1.6M$282K20xas long as short
Variational Omni XRPlong0.000%+0.0100%8h$5.3M$17.7M—
Derive XRP-PERP+0.016%+0.0100%1h$806K$67K10xas long as short
Hibachi XRP/USDT-P+0.027%+0.0192%1h$19K$30K7xas long as short
ApeX Omni XRPUSDT+0.059%+0.0100%1h$1.0M$816K50xas long as short
Ondo Perps XRP-USD.P+0.080%+0.0100%1h$559K$48K5xas long as short
edgeX XRPUSDC+0.101%+0.0100%4h$681K$85.9M30xas long as short
Hotstuff XRP-PERP+0.106%−0.0080%1h$6K$2K20xas long as short
Aftermath Perps XRPUSD+0.127%+0.0697%1h$1K$9K10xas long as short
Show all 50 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Phoenix XRP+0.173%0.0000%1h$69K$86K15xas long as short
HTX XRP-USDT+0.255%+0.0100%8h$49.5M$13.3M75xas long as short
Bitget XRPUSDT+0.273%+0.0100%8h$257.5M$310.4M125xas long as short
Nado XRP-PERP+0.283%+0.0100%1h$1.1M$4.9M20xas long as short
Katana Perps XRP-USD+0.287%+0.0100%8h$11K$227K20xas long as short
SoDEX XRP-USD+0.287%+0.0100%1h$30K$2.0M10xas long as short
Aster XRPUSDT+0.297%+0.0100%8h$38.2M$65.8M100xas long as short
Vest XRP-PERP+0.302%+0.0100%1h—$9K10xas long as short
dYdX XRP-USD+0.312%0.0000%1h$1.1M$103K10xas long as short
Lighter XRP+0.313%+0.0096%1h$2.9M$9.1M20xas long as short
Deribit XRP_USDC-PERPETUAL+0.313%0.0000%1h$8.3M$19.9M50xas long as short
Aevo XRP-PERP+0.319%+0.0104%1h$72K$39K3xas long as short
Pacifica XRP+0.321%+0.0100%1h$632K$1.0M20xas long as short
Kraken Futures PF_XRPUSDshort+0.324%+0.0216%1h$17.4M$42.3M50x
Extended XRP-USD+0.326%+0.0104%1h$1.9M$7.2M50xas long as short
Arcus XRP-USD+0.327%+0.0100%1h$117K$592K20xas long as short
BloFin XRP-USDT+0.327%+0.0220%8h$23.4M$57.2M125xas long as short
Gate XRP_USDT+0.340%+0.0100%8h$358.8M$119.7M100xas long as short
Orderly PERP_XRP_USDC+0.340%+0.0051%8h$188K$737K50xas long as short
KuCoin XRPUSDTM+0.343%+0.0100%8h$113.7M$137.6M75xas long as short
01 Exchange XRPUSD+0.347%+0.0200%1h$8K$8K10xas long as short
BingX XRP-USDC+0.347%+0.0100%8h—$3.6M—as long as short
Phemex XRPUSDT+0.347%+0.0100%8h$54.0M$25.9M50xas long as short
GMX XRP/USD [ETH-USDC]+0.350%L −0.0205% / S +0.0292%1h$1.6M—200xas long as short
Bullet XRP-USD+0.353%+0.0100%1h$42K$58K20xas long as short
Bybit XRPUSDT+0.354%+0.0100%8h$333.7M$754.2M100xas long as short
SunX XRP-USDT+0.357%+0.0100%8h$126K$1.7M30xas long as short
OKX XRP-USDT-SWAP+0.360%+0.0100%8h$125.8M$766.5M100xas long as short
MEXC XRP_USDT+0.360%+0.0100%8h$296.8M$733.2M300xas long as short
gTrade (Gains Network) XRP/USD+0.365%L +0.0003% / S −0.0003%1h$219K—150xas long as short
RISEx XRP/USDC+0.375%+0.0621%1h$396K$421K10xas long as short
Paradex XRP-USD-PERP+0.378%+0.0100%8h$470K$54K50xas long as short
Lighter RH XRP+0.380%+0.0096%1h$557K$2.0M20xas long as short
Kalshi KXXRPPERP+0.380%+0.0193%8h$1.8M$33.5M2.9xas long as short
Polymarket Perps XRP-USD+0.380%+0.0100%1h$62K$384K20xas long as short
Reya XRPRUSDPERP+0.381%+0.0206%1h$1.3M$15K15xas long as short
Binance XRPUSDT+0.391%+0.0100%8h$529.8M$1.66B100xas long as short
Coinbase International XRP-PERP-INTX+0.394%+0.0240%1h$5.5M$37.1M50xas long as short
Backpack XRP_USDC_PERP+0.420%+0.0223%1h$1.7M$920K25xas long as short
Hyperliquid XRP+0.480%+0.0582%1h$265.4M$158.3M20xas long as short