Funding you earn now, next payment 00:00 UTC+0.0505%/8h= +55.3% APRnext payment +$0.63 per $10,000 · paid last 24h +0.070%
Price spread now: RISEx against Hibachi−0.122%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. RISEx is 0.122% cheaper against Hibachi than usual: you would sell low and buy high (spread −0.122% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 19 hours of funding at the current rate (+$15 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi XRP/USDT-P | 1.5527 | 0.0256 | pay 0.0032% / 1h | 38m 59s | $18K | $82K | 7x |
| Short | RISEx XRP/USDC | 1.5508 | 0.0761 | get 0.0095% / 1h | 38m 59s | $504K | $632K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Hibachi. 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
- $106.06
- Price spread: −0.122% → 0.000%
- −$12.17
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $78.89
- Costs to cover
- 0.150%
- Break-even
- 1.8 days
Slippage unknown: Hibachi: no order-book sample; RISEx: live order book, 40 min ago. 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 RISEx live order book, 40 min ago | 1.00 bp | 4.0 bp −$4 | 9.0 bp −$90 | doesn't fit | doesn't fit |
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 51 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5501 | −0.168% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5497 | −0.193% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5550 | +0.148% | $69K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5489 | −0.243% | $259K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0007% / S +0.0103% | 1h | 1.5487 | −0.256% | $852K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0008% | 1h | 1.5490 | −0.239% | $9.6M | $25.4M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5484 | −0.277% | $15.5M | $68.8M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0057% | 8h | 1.5491 | −0.232% | $76K | $909K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +0.212% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5482 | −0.290% | $3.0M | $12.6M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5488 | −0.252% | $441K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5507 | −0.126% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5480 | −0.303% | $39.4M | $80.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5499 | −0.180% | $638K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5474 | −0.341% | $554.2M | $2.02B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5471 | −0.361% | $346.6M | $918.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5472 | −0.355% | $126.7M | $884.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5546 | +0.122% | $578K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5499 | −0.181% | $116K | $754K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5506 | −0.137% | $1.7M | $573K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5479 | −0.310% | $372.6M | $144.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5478 | −0.316% | $294.5M | $872.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5483 | −0.284% | $112.8M | $163.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5482 | −0.290% | $271.1M | $371.8M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5483 | −0.284% | — | $121.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5522 | −0.036% | $11.6M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5529 | +0.010% | $674K | $103.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5516 | −0.069% | $1.1M | $40.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5524 | −0.020% | $1.0M | $899K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5499 | −0.180% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5500 | −0.175% | $48K | $454K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5490 | −0.236% | $42K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5492 | −0.223% | $834K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5495 | −0.203% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5486 | −0.265% | $32K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5490 | −0.240% | $50.8M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5482 | −0.290% | $55.1M | $29.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5493 | −0.217% | $483K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5501 | −0.168% | $12K | $268K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5485 | −0.272% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5490 | −0.236% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5501 | −0.168% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5494 | −0.214% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5488 | −0.252% | $24.5M | $74.3M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5493 | −0.220% | $5.9M | $47.4M | 50x | as long as short |
| Hibachi XRP/USDT-Plong | +0.0256% | 1h | 1.5527 | long leg | $18K | $82K | 7x | |
| Kalshi KXXRPPERP | +0.0311% | 8h | 1.5508 | −0.123% | $2.0M | $34.1M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0323% | 1h | 1.5492 | −0.226% | $1.7M | $1.0M | 25x | as long as short |
| Hyperliquid XRP | +0.0600% | 1h | 1.5499 | −0.181% | $294.5M | $209.5M | 20x | as long as short |
| RISEx XRP/USDCshort | +0.0761% | 1h | 1.5508 | −0.122% | $504K | $632K | 10x | |
| Aftermath Perps XRPUSD | +0.0794% | 1h | 1.5552 | +0.160% | $1K | $11K | 10x | as long as short |
RISEx XRP/USDC
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH 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-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
01 Exchange XRPUSD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
Aftermath Perps XRPUSD