Cheapest exchange to trade XRP perpetual futures
A $10,000 XRP perp buy cost least on Lighter, at 0.81 bps, and 13 XRP books could not fill $1,000,000.
- Lighter, $10K XRP
- 0.81 bps
- Rank 2, MEXC
- 2.43 bps
- Venues ranked
- 36
- Rank 1 at $1M, MEXC
- 5.77 bps
XRP ranking in bps, with $100,000 and $1,000,000 totals
| # | Venue | $10,000 | Fee | Spread + impact | $100,000 | $1,000,000 | Type | Depth read | Top 5, 7 days | Top 5, 30 days | Rank 1, 7 days | Rank 1, 30 days |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Lighter | 0.81 | 0.00 | 0.81 | 2.04 | 10.84 | DEX | $10.8M | 28 | 120 | 28 | 120 |
| 2 | MEXC | 2.43 | 2.00 | 0.43 | 2.43 | 5.77 | CEX | $49.3M | 28 | 119 | 0 | 0 |
| 3 | Extended | 2.93 | 2.50 | 0.43 | 4.97 | — | DEX | $776K | 28 | 119 | 0 | 0 |
| 4 | Deribit | 3.54 | 3.50 | 0.04 | 5.05 | 11.15 | CEX | $3.7M | 19 | 75 | 0 | 0 |
| 5 | RISEx | 3.60 | 3.00 | 0.60 | 8.08 | — | DEX | $281K | 15 | 78 | 0 | 0 |
| 6 | Paradex | 3.87 | 0.00 | 3.87 | — | — | DEX | $77K | 15 | 69 | 0 | 0 |
| 7 | NADO | 3.93 | 3.50 | 0.43 | 5.17 | 27.07 | DEX | $1.2M | 6 | 17 | 0 | 0 |
| 8 | Aster | 4.43 | 4.00 | 0.43 | 5.29 | 15.88 | DEX | $2.4M | 0 | 0 | 0 | 0 |
| 9 | Hyperliquid | 5.10 | 4.50 | 0.60 | 6.21 | 9.74 | DEX | $15.1M | 0 | 1 | 0 | 0 |
| 10 | Gains | 5.13 | 5.00 | 0.14 | 6.36 | 20.65 | DEX, oracle | — | 0 | 0 | 0 | 0 |
| 11 | GRVT | 5.36 | 4.50 | 0.86 | 6.02 | — | DEX | $521K | 0 | 0 | 0 | 0 |
| 12 | Binance | 5.43 | 5.00 | 0.43 | 6.50 | 10.46 | CEX | $19.3M | 0 | 0 | 0 | 0 |
| 12 | OKX | 5.43 | 5.00 | 0.43 | 6.26 | 12.03 | CEX | $7.6M | 0 | 0 | 0 | 0 |
| 14 | edgeX | 5.79 | 4.50 | 1.29 | 6.05 | 10.78 | DEX | $1.6M | 0 | 0 | 0 | 0 |
| 15 | Gate.io | 5.86 | 5.00 | 0.86 | 7.33 | 19.81 | CEX | $22.6M | 0 | 0 | 0 | 0 |
| 16 | Bybit | 5.93 | 5.50 | 0.43 | 5.93 | 9.75 | CEX | $13.5M | 0 | 0 | 0 | 0 |
| 17 | Pacifica | 6.15 | 4.00 | 2.15 | 8.66 | — | DEX | $140K | 0 | 0 | 0 | 0 |
| 18 | BingX | 6.29 | 5.00 | 1.29 | 6.29 | 7.53 | CEX | $34.8M | 0 | 0 | 0 | 0 |
| 19 | Bitunix | 6.43 | 6.00 | 0.43 | 7.04 | 11.98 | CEX | $9.8M | 0 | 0 | 0 | 0 |
| 19 | Toobit | 6.43 | 6.00 | 0.43 | 6.43 | 8.21 | CEX | $120.5M | 0 | 0 | 0 | 0 |
| 19 | XT.COM | 6.43 | 6.00 | 0.43 | 6.99 | 13.82 | CEX | $17.2M | 0 | 0 | 0 | 0 |
| 22 | Bitget | 6.86 | 6.00 | 0.86 | 8.73 | 15.35 | CEX | $10.7M | 0 | 0 | 0 | 0 |
| 22 | Phemex | 6.86 | 6.00 | 0.86 | 7.00 | 12.04 | CEX | $3.4M | 0 | 0 | 0 | 0 |
| 24 | BloFin | 7.29 | 6.00 | 1.29 | 8.31 | 12.63 | CEX | $13.0M | 0 | 0 | 0 | 0 |
| 25 | Kraken | 7.46 | 5.00 | 2.46 | 9.24 | 14.80 | CEX | $6.4M | 0 | 0 | 0 | 0 |
| 26 | Avantis | 7.50 | 4.50 | 3.00 | 8.50 | 26.14 | DEX, oracle | — | 0 | 0 | 0 | 0 |
| 27 | WhiteBIT | 7.56 | 5.50 | 2.06 | 12.60 | 29.06 | CEX | $11.6M | 0 | 0 | 0 | 0 |
| 28 | KuCoin | 7.72 | 6.00 | 1.72 | 9.12 | 21.24 | CEX | $5.9M | 0 | 0 | 0 | 0 |
| 29 | Apex Omni | 8.72 | 5.00 | 3.72 | 16.01 | — | DEX | $217K | 0 | 0 | 0 | 0 |
| 30 | Crypto.com | 8.73 | 4.00 | 4.73 | 13.48 | — | CEX | $564K | 0 | 0 | 0 | 0 |
| 31 | HTX | 10.13 | 6.00 | 4.13 | 10.75 | 23.43 | CEX | $4.1M | 0 | 0 | 0 | 0 |
| 32 | GMX | 10.34 | 6.00 | 4.34 | 12.02 | — | DEX, oracle | — | 1 | 2 | 0 | 0 |
| 33 | Hibachi | 15.43 | 4.50 | 10.93 | 44.81 | — | DEX | $147K | 0 | 0 | 0 | 0 |
| 34 | dYdX | 16.18 | 5.00 | 11.18 | 16.18 | 24.05 | DEX | $5.1M | 0 | 0 | 0 | 0 |
| 35 | SunX | 17.71 | 4.00 | 13.71 | 33.74 | — | DEX | $154K | 0 | 0 | 0 | 0 |
| 36 | Aevo | 20.91 | 8.00 | 12.91 | — | — | DEX | $85K | 0 | 0 | 0 | 0 |
Not ranked at $10,000: GMTrade, Ostium (book could not fill within 2%); MYX (quote not measured).
Lighter led XRP at $10,000 with a 0.00 bps fee and 0.81 bps of spread and impact.
15 DEXs with an order book had an XRP rank at $10,000, and six kept one at $1,000,000.
XRP depth and fee facts
- XRP books that cannot fill $100,000
- 4
- XRP books that cannot fill $1,000,000
- 13
- Order-book DEX ranks
- 15 at $10,000, 6 at $1,000,000
- Median base taker fee
- 5.00 bps
- Lowest fee above zero
- 2.00 bps, MEXC
- Median CEX and DEX cost, $1,000,000
- 12.04 bps and 18.27 bps
Stored sweep of November 8, 2026 at 12:55 UTC, cost methodology v9. Values in basis points (bps).
XRP analysis by section6 sections from the same sweep
At $1,000,000, MEXC took rank 1 at 5.77 bps, against 10.84 bps on Lighter.
Where XRP books run out
Four XRP books could not fill $100,000 within 2% of the best ask. At $1,000,000, 13 books could not fill the order: Aevo, Apex Omni, Crypto.com, Extended, GMTrade, GMX and seven more.
11 venues lost their XRP rank between $10,000 and $1,000,000, and ten of them are DEXs. On the venues that kept a rank, the median cost rose by 7.39 bps.
Why MEXC leads XRP at $1,000,000
MEXC charges 2.00 bps and Lighter charges 0.00 bps. On the $1,000,000 XRP order, the MEXC book added 3.77 bps, and the Lighter book added 10.84 bps.
The smaller book cost more than made up for the higher fee.
XRP fees and the $100,000 order
The median base taker fee on the ranked XRP venues was 5.00 bps. The lowest fee above zero was 2.00 bps, on MEXC. 8 XRP venues charge exactly the median fee.
At $100,000, Lighter stayed first at 2.04 bps, with 2.04 bps of spread and impact. The median XRP venue cost 7.02 bps at that size, against 6.36 bps at $10,000.
XRP at $1,000,000: centralized and decentralized venues
At $1,000,000, the median XRP cost was 12.04 bps on 17 CEX venues and 18.27 bps on 8 DEX venues. At $10,000, the order was the reverse: 5.58 bps for DEX venues and 6.43 bps for CEX venues.
The first DEX with an order book was Hyperliquid, at rank 4 with 9.74 bps. Two oracle-priced venues kept a rank, and the first was Gains at rank 19.
XRP DEX books next to BNB, DOGE and BTC
At $1,000,000, DEXs with an order book held six XRP ranks. The counts were 5 on BNB, 5 on DOGE and 12 on BTC.
The $1,000,000 XRP median of 12.63 bps compares with 15.49 bps on BNB, 17.12 bps on DOGE and 6.10 bps on BTC.
XRP rank 1 over the last 7 days
Lighter held XRP rank 1 in each of the 28 sweeps of the last 7 days. Extended, Lighter and MEXC stayed in the XRP top five in all 28. Deribit (19), Paradex (15), RISEx (15), NADO (6) and GMX (1) held a top-five place for part of the week.
Terms used on this page
- Total trading cost (all-in cost)
- Total trading cost (all-in cost) is the selected-side cost of one order at a given size: the fee plus half of the spread plus the price impact, in bps and USD.
- Bid-ask spread
- The spread is the gap between the best bid and the best ask, in basis points (bps) of the mid price. A market order pays half of the spread.
- Slippage (price impact)
- Slippage (price impact) is the extra cost of an order that fills through more than one price level, measured beyond the best quote. A larger order has more price impact.
Cite this data
Use the page address and the date of the data. Attribute the data as "Data: PerpFinder" with a link to the page.
PerpFinder. "Cheapest exchange to trade XRP perpetual futures." Stored sweep of November 8, 2026 at 12:55 UTC, cost methodology v9. https://perpfinder.com/cheapest-perp-exchange/xrp XRP 7-day cost series (CSV): https://perpfinder.com/api/data/cost-history?market=perp&asset=XRP&size=10000&days=7&format=csv
Download: XRP 7-day cost series (CSV)
More XRP data
Download the 7-day XRP cost series (CSV). Funding and open interest for XRP are on the XRP asset page. The live cost comparison reads the books when you open it.