XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.17 per $10,000 · paid last 24h −0.097%

Price spread now: Hotstuff against Hibachi−0.074%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hibachi Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHibachi: Active · Hotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Hotstuff is 0.074% cheaper against Hibachi than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi XRP/USDT-P	1.5535	0.0056	pay 0.0007% / 1h	1m 45s	$18K	$78K	7x
Short	Hotstuff XRP-PERP	1.5524	−0.0080	pay 0.0010% / 1h	1m 45s	$5K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Hibachi. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HibachibpFee HotstuffbpOrdersPrice spread, now −0.074%Rate

Funding earned: −$28.56
Price spread: −0.074% → 0.000%: −$7.39
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$49.95
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Hibachi: no order-book sample; Hotstuff: 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 Hibachi no order-book sample	—	—	—	—	—
Sell Hotstuff no order-book sample	—	—	—	—	—

Hibachi and Hotstuff: 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 venues

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
Kraken Futures PF_XRPUSD	−0.0168%	1h	1.5502	−0.218%	$14.2M	$73.6M	50x	as long as short
Hotstuff XRP-PERPshort	−0.0080%	1h	1.5524	−0.074%	$5K	$3K	20x
Phoenix XRP	0.0000%	1h	1.5490	−0.293%	$70K	$110K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5504	−0.203%	$8.0M	$22.2M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5500	−0.230%	$252K	—	150x	as long as short
dYdX XRP-USD	+0.0005%	1h	1.5513	−0.148%	$1.1M	$155K	10x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.158%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-Plong	+0.0056%	1h	1.5535	long leg	$18K	$78K	7x
01 Exchange XRPUSD	+0.0064%	1h	1.5502	−0.216%	$9K	$2K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5494	−0.265%	$2.8M	$14.8M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5502	−0.216%	$628K	$3.1M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5488	−0.306%	$20K	$378K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5493	−0.271%	$483K	$52K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5505	−0.193%	$1.0M	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5496	−0.256%	$39.2M	$82.7M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5496	−0.254%	$627K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5494	−0.267%	$541.7M	$2.12B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5483	−0.338%	$361.3M	$910.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5485	−0.325%	$125.9M	$849.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5481	−0.351%	$569K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5495	−0.261%	$168K	$704K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5432	−0.665%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5492	−0.280%	$388.3M	$160.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5486	−0.319%	$312.2M	$944.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5483	−0.337%	$109.9M	$180.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5486	−0.319%	$274.7M	$360.9M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5485	−0.325%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5506	−0.190%	$4.9M	$38.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5483	−0.338%	$674K	$113.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5525	−0.067%	$1.1M	$32.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5485	−0.325%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5513	−0.148%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5507	−0.183%	$53K	$502K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5507	−0.184%	$42K	$66K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5503	−0.209%	$78K	$623K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5503	−0.207%	$130K	$1.6M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5498	−0.241%	$31K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5492	−0.282%	$50.6M	$14.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5497	−0.248%	$55.1M	$33.2M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5482	−0.343%	$2.1M	$5.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5500	−0.229%	$60K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0143% / S −0.0109%	1h	1.5498	−0.243%	$831K	—	200x	as long as short
Coinbase International XRP-PERP-INTX	+0.0160%	1h	1.5502	−0.216%	$5.3M	$46.4M	50x	as long as short
Kalshi KXXRPPERP	+0.0171%	8h	1.5517	−0.119%	$1.8M	$33.0M	2.9x	as long as short
Hyperliquid XRP	+0.0195%	1h	1.5500	−0.228%	$298.8M	$266.1M	20x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5528	−0.048%	$23.9M	$79.2M	125x	as long as short
Reya XRPRUSDPERP	+0.0222%	1h	1.5495	−0.261%	$1.4M	$4K	15x	as long as short
Backpack XRP_USDC_PERP	+0.0237%	1h	1.5508	−0.177%	$2.0M	$1.3M	25x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5535	−0.005%	$523K	$796K	10x	as long as short
Aftermath Perps XRPUSD	+0.0478%	1h	1.5471	−0.418%	$3K	$15K	10x	as long as short