XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0212%/8h= +23.2% APRnext payment +$0.27 per $10,000 · paid last 24h +0.038%

Price spread now: Hibachi against Bullet−0.160%7-day average — · you buy dearer than you sell

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

Long on Bullet Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. Hibachi is 0.160% cheaper against Bullet than usual: you would sell low and buy high (spread −0.160% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 2.5 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet XRP-USD	1.5142	0.0100	pay 0.0013% / 1h	51m 01s	$41K	$68K	20x
Short	Hibachi XRP/USDT-P	1.5118	0.0312	get 0.0039% / 1h	51m 01s	$17K	$81K	7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Bullet. 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 BulletbpFee HibachibpOrdersPrice spread, now −0.160%Rate

Funding earned: $44.52
Price spread: −0.160% → 0.000%: −$15.95
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: $11.57
Costs to cover: 0.170%
Break-even: 5.2 days

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

Bullet and 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	1.5127	−0.099%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5129	−0.088%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5141	−0.007%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0026% / S +0.0050%	1h	1.5141	−0.010%	$800K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.760%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5146	+0.026%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5143	+0.006%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5154	+0.077%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5156	+0.092%	$510K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5132	−0.066%	$9K	$305K	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5135	−0.046%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5160	+0.116%	$280.3M	$220.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5154	+0.079%	$38.4M	$83.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5140	−0.013%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5143	+0.004%	$537.0M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5143	+0.006%	$342.6M	$924.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5145	+0.020%	$125.2M	$864.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5113	−0.192%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5143	+0.006%	$114K	$694K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5087	−0.367%	$1.6M	$161K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5145	+0.020%	$370.1M	$150.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5152	+0.066%	$295.1M	$892.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5156	+0.094%	$106.7M	$170.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5141	−0.007%	$266.8M	$379.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5150	+0.053%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5141	−0.010%	$6.0M	$36.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5102	−0.263%	$657K	$108.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5131	−0.071%	$1.1M	$35.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5108	−0.225%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5143	+0.004%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5148	+0.039%	$41K	$447K	20x	as long as short
Bullet XRP-USDlong	+0.0100%	1h	1.5142	long leg	$41K	$68K	20x
Derive XRP-PERP	+0.0100%	1h	1.5150	+0.055%	$815K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5152	+0.065%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5160	+0.119%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5150	+0.054%	$49.7M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5165	+0.152%	$54.0M	$29.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5137	−0.030%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5137	−0.030%	$2.0M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5146	+0.029%	$58K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0212%	1h	1.5158	+0.105%	$7.7M	$25.1M	50x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5146	+0.024%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5166	+0.158%	$5.6M	$46.4M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0247%	1h	1.5159	+0.112%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0273%	1h	1.5159	+0.113%	$14.5M	$72.8M	50x	as long as short
Hibachi XRP/USDT-Pshort	+0.0312%	1h	1.5118	−0.160%	$17K	$81K	7x
Kalshi KXXRPPERP	+0.0357%	8h	1.5143	+0.006%	$2.1M	$34.9M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5148	+0.037%	$527K	$787K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5100	−0.278%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0716%	1h	1.5120	−0.146%	$2K	$14K	10x	as long as short