Spread before costs (cost unknown: a leg has no order-book sample)−0.168%
7d average−0.026%if it closes, per $10,000$17funding while held, a day+$3.22
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XRP | 1.4935 | 0.0100 | pay 0.0100% / 8h | 6h 02m | $5.2M | $18.6M | — |
| Short | Reya XRPRUSDPERP | 1.4910 | 0.0207 | get 0.0026% / 1h | 2m 49s | $1.3M | $12K | 15x |
Variational Omni XRP
Reya XRPRUSDPERPPrice 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
- −$16.79
- Funding while held
- $3.22
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$19.57
- Spread needed to break even
- 0.060%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Reya: no order-book sample. 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 Variational Omni RFQ quote, 3 min ago | 2.05 bp | doesn't fit | 6.7 bp −$67 | 24.6 bp −$2,458 | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
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
HTX1.4897+5.725%ApeX Omni1.4901+5.756%Bulk1.4902+5.763%Hibachi1.4904+5.778%Hotstuff1.4905+5.784%Nado1.4907+5.802%Vest1.4908+5.803%
Injective
HTX
ApeX Omni
Bulk
Hibachi
Hotstuff
Nado
VestReya1.4910+5.818%
Phoenix1.4910+5.820%Paradex1.4910+5.821%Bullet1.4911+5.827%Orderly1.4911+5.827%dYdX1.4912+5.832%Polymarket Perps1.4912+5.834%Pacifica1.4912+5.835%Derive1.4912+5.837%GMX1.4913+5.842%Arcus1.4914+5.848%Katana Perps1.4914+5.848%01 Exchange1.4914+5.848%SoDEX1.4914+5.848%Phemex1.4915+5.855%gTrade (Gains Network)1.4915+5.858%Kalshi1.4916+5.862%Aevo1.4916+5.865%BloFin1.4917+5.869%Lighter1.4917+5.872%Lighter RH1.4918+5.877%Kraken Futures1.4918+5.877%SunX1.4919+5.882%RISEx1.4919+5.883%Deribit1.4920+5.891%Coinbase International1.4920+5.891%Bybit1.4921+5.898%Gate1.4921+5.898%KuCoin1.4923+5.915%Aster1.4924+5.918%Extended1.4924+5.921%Bitget1.4925+5.926%OKX1.4926+5.933%MEXC1.4926+5.933%BingX1.4926+5.933%Binance1.4926+5.936%Aftermath Perps1.4930+5.960%Backpack1.4932+5.976%
Phoenix
Paradex
Bullet
Orderly
dYdX
Polymarket Perps
Pacifica
Derive
GMX
Arcus
Katana Perps
SoDEX
Phemex
gTrade (Gains Network)
Aevo
BloFin
Lighter
Lighter RH
Kraken Futures
SunX
RISEx
Deribit
Coinbase International
Bybit
Gate
KuCoin
Aster
Extended
Bitget
OKX
MEXC
BingX
Binance
BackpackVariational Omni1.4935+5.996%
Ondo Perps1.4935+5.997%Hyperliquid1.4937+6.011%edgeX1.4939+6.023%
Ondo Perps
HyperliquidXRP on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XRP/USDC PERP | −5.656% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| HTX XRP-USDT | −0.256% | +0.0100% | 8h | $49.1M | $13.2M | 75x | as long as short |
| ApeX Omni XRPUSDT | −0.226% | +0.0100% | 1h | $991K | $761K | 50x | as long as short |
| Bulk XRP-USD | −0.219% | +0.0100% | 1h | $1.6M | $259K | 20x | as long as short |
| Hibachi XRP/USDT-P | −0.205% | +0.0136% | 1h | $19K | $30K | 7x | as long as short |
| Hotstuff XRP-PERP | −0.199% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| Nado XRP-PERP | −0.183% | +0.0100% | 1h | $1.1M | $4.8M | 20x | as long as short |
| Vest XRP-PERP | −0.182% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| Reya XRPRUSDPERPshort | −0.168% | +0.0207% | 1h | $1.3M | $12K | 15x | |
| Phoenix XRP | −0.166% | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex XRP-USD-PERP | −0.164% | +0.0100% | 8h | $466K | $54K | 50x | as long as short |
| Bullet XRP-USD | −0.159% | +0.0100% | 1h | $40K | $58K | 20x | as long as short |
| Orderly PERP_XRP_USDC | −0.159% | +0.0051% | 8h | $184K | $774K | 50x | as long as short |
| dYdX XRP-USD | −0.154% | 0.0000% | 1h | $1.1M | $96K | 10x | as long as short |
| Polymarket Perps XRP-USD | −0.152% | +0.0100% | 1h | $64K | $397K | 20x | as long as short |
| Pacifica XRP | −0.151% | +0.0100% | 1h | $658K | $1.0M | 20x | as long as short |
| Derive XRP-PERP | −0.149% | +0.0100% | 1h | $803K | $65K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | −0.144% | L −0.0208% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| Arcus XRP-USD | −0.139% | +0.0100% | 1h | $116K | $567K | 20x | as long as short |
| Katana Perps XRP-USD | −0.139% | +0.0100% | 8h | $13K | $245K | 20x | as long as short |
| 01 Exchange XRPUSD | −0.139% | +0.0136% | 1h | $8K | $8K | 10x | as long as short |
| SoDEX XRP-USD | −0.139% | +0.0100% | 1h | $31K | $1.9M | 10x | as long as short |
| Phemex XRPUSDT | −0.132% | +0.0100% | 8h | $54.0M | $25.7M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | −0.130% | L +0.0003% / S −0.0003% | 1h | $218K | — | 150x | as long as short |
| Kalshi KXXRPPERP | −0.126% | +0.0157% | 8h | $1.7M | $32.5M | 2.9x | as long as short |
| Aevo XRP-PERP | −0.124% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| BloFin XRP-USDT | −0.119% | +0.0220% | 8h | $23.6M | $56.8M | 125x | as long as short |
| Lighter XRP | −0.116% | +0.0096% | 1h | $2.8M | $9.6M | 20x | as long as short |
| Lighter RH XRP | −0.112% | +0.0096% | 1h | $445K | $2.2M | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.112% | +0.0164% | 1h | $16.9M | $45.6M | 50x | as long as short |
| SunX XRP-USDT | −0.107% | +0.0100% | 8h | $125K | $1.7M | 30x | as long as short |
| RISEx XRP/USDC | −0.106% | +0.0490% | 1h | $386K | $450K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | −0.099% | 0.0000% | 1h | $8.6M | $20.6M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | −0.099% | +0.0240% | 1h | $5.1M | $37.8M | 50x | as long as short |
| Bybit XRPUSDT | −0.092% | +0.0100% | 8h | $331.0M | $738.1M | 100x | as long as short |
| Gate XRP_USDT | −0.092% | +0.0100% | 8h | $345.9M | $126.0M | 100x | as long as short |
| KuCoin XRPUSDTM | −0.076% | +0.0100% | 8h | $111.6M | $130.9M | 75x | as long as short |
| Aster XRPUSDT | −0.073% | +0.0100% | 8h | $37.7M | $66.9M | 100x | as long as short |
| Extended XRP-USD | −0.070% | +0.0104% | 1h | $2.0M | $6.7M | 50x | as long as short |
| Bitget XRPUSDT | −0.065% | +0.0100% | 8h | $256.4M | $310.4M | 125x | as long as short |
| OKX XRP-USDT-SWAP | −0.059% | +0.0100% | 8h | $124.2M | $767.6M | 100x | as long as short |
| MEXC XRP_USDT | −0.059% | +0.0100% | 8h | $291.8M | $745.8M | 300x | as long as short |
| BingX XRP-USDC | −0.059% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Binance XRPUSDT | −0.056% | +0.0100% | 8h | $530.5M | $1.67B | 100x | as long as short |
| Aftermath Perps XRPUSD | −0.033% | +0.0501% | 1h | $1K | $9K | 10x | as long as short |
| Backpack XRP_USDC_PERP | −0.019% | +0.0100% | 1h | $1.6M | $868K | 25x | as long as short |
| Variational Omni XRPlong | 0.000% | +0.0100% | 8h | $5.2M | $18.6M | — | |
| Ondo Perps XRP-USD.P | +0.002% | +0.0100% | 1h | $558K | $47K | 5x | as long as short |
| Hyperliquid XRP | +0.015% | +0.0256% | 1h | $264.7M | $151.2M | 20x | as long as short |
| edgeX XRPUSDC | +0.026% | +0.0100% | 4h | $649K | $85.6M | 30x | as long as short |