XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.034%

Price spread now: Hibachi against Polymarket Perps+0.051%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 5 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 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hibachi is 0.051% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps XRP-USD	1.5327	0.0100	pay 0.0013% / 1h	30m 19s	$49K	$441K	20x
Short	Hibachi XRP/USDT-P	1.5335	0.0320	get 0.0040% / 1h	30m 19s	$17K	$81K	7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Polymarket Perps. 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 Polymarket PerpsbpFee HibachibpOrdersPrice spread, now +0.051%Rate

Funding earned: $46.2
Price spread: +0.051% → 0.000%: $5.11
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: $34.31
Costs to cover: 0.170%
Break-even: 1.8 days

Slippage unknown: Polymarket Perps: live order book, 42 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 Polymarket Perps live order book, 42 min ago	1.63 bp	8.1 bp −$8	10.7 bp −$107	doesn't fit	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 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	1.5330	+0.020%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5326	−0.009%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5314	−0.084%	$256K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5320	−0.046%	$9.3M	$25.1M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0014% / S +0.0080%	1h	1.5314	−0.087%	$840K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.520%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0062%	8h	1.5320	−0.046%	$58K	$935K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5329	+0.010%	$2.8M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5339	+0.078%	$514K	$3.2M	20x	as long as short
01 Exchange XRPUSD	+0.0096%	1h	1.5329	+0.013%	$8K	$8K	10x	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	1.5323	−0.026%	$10K	$277K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5330	+0.017%	$478K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5328	+0.003%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5329	+0.011%	$38.7M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5331	+0.026%	$620K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5318	−0.059%	$540.3M	$2.05B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5318	−0.059%	$341.6M	$920.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5318	−0.059%	$124.9M	$868.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5345	+0.117%	$570K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5332	+0.033%	$118K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5296	−0.203%	$1.6M	$517K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5318	−0.059%	$373.8M	$149.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5320	−0.046%	$308.9M	$903.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5323	−0.024%	$108.8M	$165.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5318	−0.059%	$268.2M	$374.7M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5320	−0.046%	—	$123.6M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5328	+0.007%	$6.3M	$35.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5313	−0.088%	$665K	$107.4M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5322	−0.030%	$1.1M	$38.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5321	−0.039%	$1.0M	$892K	50x	as long as short
Polymarket Perps XRP-USDlong	+0.0100%	1h	1.5327	long leg	$49K	$441K	20x
Bullet XRP-USD	+0.0100%	1h	1.5318	−0.061%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5321	−0.042%	$825K	$79K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5323	−0.024%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5319	−0.052%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5332	+0.031%	$50.3M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5336	+0.059%	$54.6M	$29.5M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5325	−0.013%	—	$9K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5315	−0.076%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5316	−0.069%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5319	−0.055%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5336	+0.059%	$24.0M	$73.7M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5345	+0.117%	$5.8M	$46.3M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0244%	1h	1.5318	−0.061%	$14.5M	$70.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0290%	1h	1.5347	+0.130%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0310%	8h	1.5341	+0.091%	$2.1M	$34.9M	2.9x	as long as short
Hibachi XRP/USDT-Pshort	+0.0320%	1h	1.5335	+0.051%	$17K	$81K	7x
Hyperliquid XRP	+0.0402%	1h	1.5338	+0.072%	$289.7M	$214.6M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5330	+0.020%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0808%	1h	1.5332	+0.030%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5333	+0.042%	$507K	$754K	10x	as long as short