Spread before costs (cost unknown: a leg has no order-book sample)+0.103%
7d average—if it closes, per $10,000$10funding while held, a day−$2.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange XRPUSD | 1.4974 | 0.0184 | pay 0.0023% / 1h | 57m 00s | $8K | $8K | 10x |
| Short | Bulk XRP-USD | 1.4989 | 0.0100 | get 0.0013% / 1h | 57m 00s | $1.7M | $217K | 20x |
Bulk 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
- $10.33
- Funding while held
- −$2.52
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$6.19
- Spread needed to break even
- 0.140%
Slippage unknown: 01 Exchange: no order-book sample; Bulk: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0084%
- Per $10,000 a day
- −$2.52
- 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Bulk live order book, 4 min ago | 0.33 bp | 3.8 bp −$4 | 5.2 bp −$52 | 11.0 bp −$1,101 | 28.0 bp −$14.0K |
01 Exchange: 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
Variational Omni1.4944+6.058%ApeX Omni1.4946+6.075%Phoenix1.4950+6.104%edgeX1.4955+6.138%Ondo Perps1.4955+6.139%Derive1.4960+6.172%HTX1.4960+6.173%Vest1.4966+6.215%dYdX1.4966+6.220%Orderly1.4968+6.231%Nado1.4968+6.235%Hibachi1.4969+6.238%Aevo1.4970+6.242%Hotstuff1.4970+6.246%SoDEX1.4970+6.246%Reya1.4971+6.249%Aftermath Perps1.4971+6.254%KuCoin1.4972+6.258%SunX1.4972+6.258%Pacifica1.4972+6.259%Katana Perps1.4972+6.260%Polymarket Perps1.4972+6.260%Arcus1.4973+6.267%Aster1.4973+6.268%Lighter1.4973+6.269%Deribit1.4974+6.274%Bullet1.4974+6.274%GMX1.4974+6.275%gTrade (Gains Network)1.4975+6.285%Kraken Futures1.4976+6.292%Phemex1.4977+6.295%Kalshi1.4980+6.317%RISEx1.4980+6.318%Lighter RH1.4981+6.324%Coinbase International1.4981+6.324%Paradex1.4982+6.332%MEXC1.4985+6.352%Gate1.4986+6.359%BloFin1.4987+6.366%BingX1.4988+6.373%Backpack1.4989+6.380%
Injective
Variational Omni
ApeX Omni
Phoenix
Ondo Perps
Derive
HTX
Vest
dYdX
Orderly
Nado
Hibachi
Aevo
Hotstuff
SoDEX
Reya
KuCoin
SunX
Pacifica
Katana Perps
Polymarket Perps
Arcus
Aster
Lighter
Deribit
Bullet
GMX
gTrade (Gains Network)
Kraken Futures
Phemex
RISEx
Lighter RH
Coinbase International
Paradex
MEXC
Gate
BloFin
BingX
BackpackBulk1.4989+6.384%
Extended1.4993+6.409%Bitget1.4995+6.423%Bybit1.4997+6.437%OKX1.4997+6.437%Binance1.4998+6.442%Hyperliquid1.5005+6.494%
Extended
Bitget
Bybit
OKX
Binance
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 | −5.904% | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Variational Omni XRP | −0.203% | +0.0100% | 8h | $5.5M | $17.4M | — | as long as short |
| ApeX Omni XRPUSDT | −0.187% | +0.0100% | 1h | $1.0M | $816K | 50x | as long as short |
| Phoenix XRP | −0.160% | 0.0000% | 1h | $69K | $86K | 15x | as long as short |
| edgeX XRPUSDC | −0.128% | +0.0100% | 4h | $685K | $85.6M | 30x | as long as short |
| Ondo Perps XRP-USD.P | −0.127% | +0.0100% | 1h | $558K | $48K | 5x | as long as short |
| Derive XRP-PERP | −0.096% | +0.0100% | 1h | $806K | $68K | 10x | as long as short |
| HTX XRP-USDT | −0.095% | +0.0100% | 8h | $49.4M | $13.5M | 75x | as long as short |
| Vest XRP-PERP | −0.055% | +0.0100% | 1h | — | $9K | 10x | as long as short |
| dYdX XRP-USD | −0.051% | 0.0000% | 1h | $1.1M | $104K | 10x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_XRP_USDC | −0.040% | +0.0051% | 8h | $187K | $736K | 50x | as long as short |
| Nado XRP-PERP | −0.037% | +0.0100% | 1h | $1.1M | $4.9M | 20x | as long as short |
| Hibachi XRP/USDT-P | −0.034% | +0.0184% | 1h | $19K | $30K | 7x | as long as short |
| Aevo XRP-PERP | −0.030% | +0.0104% | 1h | $72K | $39K | 3x | as long as short |
| Hotstuff XRP-PERP | −0.027% | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| SoDEX XRP-USD | −0.027% | +0.0100% | 1h | $30K | $2.1M | 10x | as long as short |
| Reya XRPRUSDPERP | −0.023% | +0.0206% | 1h | $1.3M | $15K | 15x | as long as short |
| Aftermath Perps XRPUSD | −0.019% | +0.0715% | 1h | $1K | $9K | 10x | as long as short |
| KuCoin XRPUSDTM | −0.015% | +0.0100% | 8h | $112.6M | $139.5M | 75x | as long as short |
| SunX XRP-USDT | −0.015% | +0.0100% | 8h | $125K | $1.7M | 30x | as long as short |
| Pacifica XRP | −0.014% | +0.0100% | 1h | $629K | $1.0M | 20x | as long as short |
| Katana Perps XRP-USD | −0.013% | +0.0100% | 8h | $11K | $225K | 20x | as long as short |
| Polymarket Perps XRP-USD | −0.013% | +0.0100% | 1h | $62K | $385K | 20x | as long as short |
| Arcus XRP-USD | −0.007% | +0.0100% | 1h | $117K | $592K | 20x | as long as short |
| Aster XRPUSDT | −0.006% | +0.0100% | 8h | $38.1M | $66.3M | 100x | as long as short |
| Lighter XRP | −0.005% | +0.0096% | 1h | $2.8M | $7.7M | 20x | as long as short |
| 01 Exchange XRPUSDlong | 0.000% | +0.0184% | 1h | $8K | $8K | 10x | |
| Deribit XRP_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $8.3M | $20.0M | 50x | as long as short |
| Bullet XRP-USD | 0.000% | +0.0100% | 1h | $41K | $57K | 20x | as long as short |
| GMX XRP/USD [ETH-USDC] | +0.001% | L −0.0205% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| gTrade (Gains Network) XRP/USD | +0.010% | L +0.0003% / S −0.0003% | 1h | $219K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.017% | +0.0216% | 1h | $17.5M | $42.3M | 50x | as long as short |
| Phemex XRPUSDT | +0.020% | +0.0100% | 8h | $53.9M | $25.9M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.040% | +0.0183% | 8h | $1.8M | $33.7M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.041% | +0.0621% | 1h | $396K | $411K | 10x | as long as short |
| Lighter RH XRP | +0.047% | +0.0096% | 1h | $485K | $1.9M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.047% | +0.0240% | 1h | $5.5M | $37.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.055% | +0.0100% | 8h | $469K | $54K | 50x | as long as short |
| MEXC XRP_USDT | +0.073% | +0.0100% | 8h | $295.5M | $724.2M | 300x | as long as short |
| Gate XRP_USDT | +0.080% | +0.0100% | 8h | $357.3M | $118.8M | 100x | as long as short |
| BloFin XRP-USDT | +0.087% | +0.0220% | 8h | $23.4M | $56.9M | 125x | as long as short |
| BingX XRP-USDT | +0.093% | +0.0100% | 8h | — | $97.1M | — | as long as short |
| Backpack XRP_USDC_PERP | +0.100% | +0.0277% | 1h | $1.7M | $908K | 25x | as long as short |
| Bulk XRP-USDshort | +0.103% | +0.0100% | 1h | $1.7M | $217K | 20x | |
| Extended XRP-USD | +0.127% | +0.0104% | 1h | $1.9M | $7.2M | 50x | as long as short |
| Bitget XRPUSDT | +0.140% | +0.0100% | 8h | $257.3M | $311.3M | 125x | as long as short |
| Bybit XRPUSDT | +0.154% | +0.0100% | 8h | $333.9M | $759.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.154% | +0.0100% | 8h | $126.7M | $769.3M | 100x | as long as short |
| Binance XRPUSDT | +0.158% | +0.0100% | 8h | $528.7M | $1.66B | 100x | as long as short |
| Hyperliquid XRP | +0.207% | +0.0633% | 1h | $265.2M | $158.4M | 20x | as long as short |