Funding you earn now, next payment 01:00 UTC−0.0232%/8h= −25.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.021%
Price spread now: 01 Exchange against Hibachi−0.384%51s7-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
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and 01 Exchange is 0.384% cheaper against Hibachi than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi XRP/USDT-P | 1.5317 | 0.0304 | pay 0.0038% / 1h | 3m 33s | $17K | $82K | 7x |
| Short | 01 Exchange XRPUSD | 1.5258 | 0.0072 | get 0.0009% / 1h | 3m 33s | $8K | $8K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$48.72
- Price spread: −0.384% → 0.000%
- −$38.36
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$103.08
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample | — | — | — | — | — |
Hibachi and 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 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 | 1.5249 | −0.442% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5260 | −0.368% | $1.1M | $115K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5310 | −0.044% | $256K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0011% | 1h | 1.5304 | −0.083% | $9.3M | $24.9M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0019% / S +0.0071% | 1h | 1.5309 | −0.049% | $840K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.588% | $2K | $107K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0065% | 8h | 1.5306 | −0.070% | $58K | $935K | 50x | as long as short |
| 01 Exchange XRPUSDshort | +0.0072% | 1h | 1.5258 | −0.384% | $8K | $8K | 10x | |
| Lighter XRP | +0.0096% | 1h | 1.5257 | −0.391% | $2.8M | $14.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5254 | −0.410% | $511K | $3.3M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5261 | −0.364% | $9K | $282K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5252 | −0.420% | $476K | $55K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5252 | −0.421% | $1.0M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5259 | −0.377% | $38.6M | $83.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5257 | −0.393% | $628K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5253 | −0.413% | $538.9M | $2.05B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5252 | −0.423% | $340.5M | $920.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5254 | −0.410% | $123.3M | $864.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5215 | −0.664% | $571K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5251 | −0.429% | $115K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5350 | +0.215% | $1.7M | $327K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5243 | −0.481% | $366.7M | $152.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5239 | −0.508% | $300.7M | $917.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5257 | −0.389% | $110.4M | $167.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5243 | −0.481% | $267.5M | $375.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5245 | −0.468% | — | $124.9M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5315 | −0.014% | $6.5M | $35.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5348 | +0.205% | $666K | $106.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5328 | +0.072% | $1.1M | $37.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5318 | +0.008% | $1.2M | $998K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5319 | +0.015% | $47K | $446K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5313 | −0.022% | $41K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5309 | −0.052% | $824K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5324 | +0.050% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5302 | −0.096% | $30K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5305 | −0.080% | $50.2M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5299 | −0.116% | $54.3M | $29.6M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5264 | −0.345% | — | $9K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5241 | −0.492% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5302 | −0.095% | $59K | $25K | 3x | as long as short |
| Reya XRPRUSDPERP | +0.0214% | 1h | 1.5312 | −0.031% | $1.4M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5315 | −0.011% | $24.1M | $73.8M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5308 | −0.057% | $5.7M | $46.5M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0244% | 1h | 1.5299 | −0.114% | $14.4M | $70.3M | 50x | as long as short |
| Hibachi XRP/USDT-Plong | +0.0304% | 1h | 1.5317 | long leg | $17K | $82K | 7x | |
| Backpack XRP_USDC_PERP | +0.0306% | 1h | 1.5298 | −0.122% | $1.9M | $1.3M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0323% | 8h | 1.5319 | +0.015% | $2.0M | $34.7M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0365% | 1h | 1.5275 | −0.273% | $288.0M | $215.4M | 20x | as long as short |
| Phoenix XRP | +0.0520% | 1h | 1.5330 | +0.087% | $68K | $110K | 15x | as long as short |
| RISEx XRP/USDC | +0.0828% | 1h | 1.5254 | −0.410% | $539K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0846% | 1h | 1.5337 | +0.135% | $2K | $13K | 10x | as long as short |
01 Exchange XRPUSD
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Paradex XRP-USD-PERP
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
Extended XRP-USD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Kraken Futures PF_XRPUSD
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hyperliquid XRP
Phoenix XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD