Funding you earn now, next payment 10:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.03 per $10,000 · paid last 24h +0.009%
Price spread now: Hibachi against Coinbase International−0.111%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.222%+$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Hibachi is 0.111% cheaper against Coinbase International than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.222%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XRP-PERP-INTX | 1.5300 | 0.0112 | pay 0.0014% / 1h | 8m 16s | $5.5M | $42.6M | 50x |
| Short | Hibachi XRP/USDT-P | 1.5283 | 0.0088 | get 0.0011% / 1h | 8m 16s | $17K | $70K | 7x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.04
- Price spread: −0.111% → 0.000%
- −$11.11
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$35.15
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 4 min ago; Hibachi: no order-book sample. Net counts fees only.
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 Coinbase International live order book, 4 min ago | 0.33 bp | 7.9 bp −$8 | 10.7 bp −$107 | 30.1 bp −$3,009 | doesn't fit |
| Sell Hibachi no order-book sample | — | — | — | — | — |
Hibachi: 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 on 50 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5395 | +0.621% | $5K | $4K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0062% | 1h | 1.5302 | +0.016% | $13.8M | $69.3M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5299 | −0.007% | $1.1M | $154K | 10x | as long as short |
| 01 Exchange XRPUSD | 0.0000% | 1h | 1.5294 | −0.039% | $9K | $987 | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5290 | −0.065% | $68K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5302 | +0.013% | $7.6M | $20.3M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5296 | −0.025% | $242K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.699% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-Pshort | +0.0088% | 1h | 1.5283 | −0.111% | $17K | $70K | 7x | |
| Lighter XRP | +0.0096% | 1h | 1.5301 | +0.007% | $2.7M | $14.2M | 20x | as long as short |
Show all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5305 | +0.033% | $598K | $3.2M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5303 | +0.018% | $477K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5285 | −0.098% | $10K | $410K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5296 | −0.023% | $839K | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5307 | +0.046% | $296.6M | $263.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5298 | −0.010% | $38.9M | $79.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5301 | +0.009% | $588K | $987K | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5300 | 0.000% | $532.1M | $2.04B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5298 | −0.013% | $360.7M | $860.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5297 | −0.020% | $124.3M | $822.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5267 | −0.216% | $561K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5298 | −0.013% | $163K | $694K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5282 | −0.117% | $1.6M | $66K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5297 | −0.020% | $376.9M | $161.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5299 | −0.007% | $311.7M | $907.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5299 | −0.008% | $104.8M | $180.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5298 | −0.013% | $270.9M | $350.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5293 | −0.046% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5273 | −0.179% | $4.9M | $38.0M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5282 | −0.119% | $664K | $106.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5278 | −0.145% | $1.1M | $32.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5282 | −0.118% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5296 | −0.023% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5295 | −0.033% | $52K | $470K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5296 | −0.023% | $41K | $64K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5299 | −0.007% | $83K | $601K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5303 | +0.018% | $128K | $1.5M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5299 | −0.007% | $32K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5290 | −0.064% | $49.8M | $13.2M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5298 | −0.013% | $54.6M | $33.1M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5293 | −0.043% | $2.2M | $6.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5295 | −0.033% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTXlong | +0.0112% | 1h | 1.5300 | long leg | $5.5M | $42.6M | 50x | |
| Kalshi KXXRPPERP | +0.0117% | 8h | 1.5303 | +0.020% | $1.9M | $35.4M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0150% | 1h | 1.5308 | +0.052% | $2.0M | $1.2M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5289 | −0.072% | $23.7M | $77.4M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0224% | 1h | 1.5295 | −0.035% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5303 | +0.019% | $505K | $723K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0241% / S −0.0459% | 1h | 1.5279 | −0.137% | $883K | — | 200x | as long as short |
| Aftermath Perps XRPUSD | +0.0364% | 1h | 1.5291 | −0.057% | $3K | $13K | 10x | as long as short |
Coinbase International XRP-PERP-INTX
Kraken Futures PF_XRPUSD
01 Exchange XRPUSD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
RISEx XRP/USDC
GMX XRP/USD [ETH-USDC]
Aftermath Perps XRPUSD