Funding you earn now, next payment 07:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.073%
Price spread now: Hibachi against RISEx+0.022%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Hibachi is 0.022% dearer against RISEx than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XRP/USDC | 1.5243 | 0.0316 | pay 0.0040% / 1h | 15m 49s | $529K | $806K | 10x |
| Short | Hibachi XRP/USDT-P | 1.5247 | 0.0136 | get 0.0017% / 1h | 15m 49s | $17K | $79K | 7x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against RISEx. 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
- −$37.86
- Price spread: +0.022% → 0.000%
- $2.19
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$50.67
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 28 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 RISEx live order book, 28 min ago | 2.24 bp | 5.2 bp −$5 | 11.5 bp −$115 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5243 | −0.002% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5233 | −0.067% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5260 | +0.109% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5244 | +0.005% | $247K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0012% | 1h | 1.5244 | +0.004% | $7.9M | $24.8M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0024% | 1h | 1.5238 | −0.036% | $14.5M | $75.0M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.077% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0089% / S −0.0042% | 1h | 1.5239 | −0.031% | $786K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5235 | −0.055% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5235 | −0.055% | $548K | $3.2M | 20x | as long as short |
Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5234 | −0.061% | $11K | $372K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5244 | +0.001% | $991K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5233 | −0.065% | $38.7M | $87.9M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5235 | −0.055% | $619K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5233 | −0.068% | $534.9M | $2.23B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5230 | −0.087% | $349.4M | $965.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5231 | −0.081% | $127.9M | $884.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5239 | −0.028% | $567K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5244 | +0.004% | $145K | $716K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5232 | −0.074% | $378.1M | $161.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5235 | −0.055% | $311.3M | $931.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5235 | −0.053% | $107.9M | $182.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5229 | −0.094% | $269.3M | $397.5M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5232 | −0.074% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5233 | −0.069% | $4.8M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5231 | −0.078% | $662K | $114.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5240 | −0.024% | $1.1M | $36.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5204 | −0.258% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5245 | +0.011% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5241 | −0.015% | $65K | $508K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5241 | −0.018% | $41K | $71K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5239 | −0.028% | $76K | $685K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5247 | +0.021% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5241 | −0.015% | $30K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5238 | −0.036% | $49.8M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5242 | −0.009% | $54.6M | $32.5M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5206 | −0.245% | $1.6M | $5K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5247 | +0.025% | $475K | $54K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5227 | −0.107% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5240 | −0.021% | $59K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0112% | 1h | 1.5248 | +0.031% | $9K | $2K | 10x | as long as short |
| Hibachi XRP/USDT-Pshort | +0.0136% | 1h | 1.5247 | +0.022% | $17K | $79K | 7x | |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5247 | +0.024% | $5.7M | $48.5M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0188% | 1h | 1.5247 | +0.024% | $2.0M | $1.4M | 25x | as long as short |
| Hyperliquid XRP | +0.0215% | 1h | 1.5248 | +0.031% | $290.7M | $265.6M | 20x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5249 | +0.037% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5245 | +0.011% | $23.7M | $78.4M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0225% | 8h | 1.5245 | +0.011% | $1.8M | $35.2M | 2.9x | as long as short |
| RISEx XRP/USDClong | +0.0316% | 1h | 1.5243 | long leg | $529K | $806K | 10x | |
| Aftermath Perps XRPUSD | +0.0657% | 1h | 1.5232 | −0.073% | $2K | $16K | 10x | as long as short |
RISEx XRP/USDC
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
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
Bulk XRP-USD
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Hyperliquid XRP
BloFin XRP-USDT
Kalshi KXXRPPERP
Aftermath Perps XRPUSD