XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.008%

Price spread now: Hibachi against Coinbase International+0.121%7-day average — · you sell dearer than you buy

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

Long on Coinbase International 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 +$3 a day on $10k at the current rate, and Hibachi is 0.121% dearer against Coinbase International than usual: you sell high and buy low: +$12 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	Coinbase International XRP-PERP-INTX	1.5344	0.0224	pay 0.0028% / 1h	21m 46s	$5.8M	$46.5M	50x
Short	Hibachi XRP/USDT-P	1.5363	0.0320	get 0.0040% / 1h	21m 46s	$17K	$81K	7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Coinbase International. 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 Coinbase InternationalbpFee HibachibpOrdersPrice spread, now +0.121%Rate

Funding earned: $20.16
Price spread: +0.121% → 0.000%: $12.12
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: $13.28
Costs to cover: 0.190%
Break-even: 2.4 days

Slippage unknown: Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago	0.33 bp	7.2 bp −$7	10.1 bp −$101	22.4 bp −$2,239	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	1.5347	+0.020%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5310	−0.222%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5341	−0.022%	$257K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5341	−0.020%	$9.3M	$25.1M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0015% / S +0.0077%	1h	1.5340	−0.024%	$841K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.408%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0063%	8h	1.5340	−0.026%	$58K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5334	−0.065%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5317	−0.179%	$2.8M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5319	−0.163%	$515K	$3.2M	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	1.5340	−0.026%	$10K	$279K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5311	−0.212%	$477K	$55K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5346	+0.016%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5320	−0.158%	$38.7M	$83.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5316	−0.180%	$620K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5311	−0.215%	$540.5M	$2.05B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5309	−0.228%	$341.6M	$920.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5308	−0.235%	$124.6M	$866.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5322	−0.143%	$571K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5313	−0.202%	$118K	$710K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5334	−0.063%	$1.7M	$381K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5319	−0.163%	$374.9M	$150.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5310	−0.222%	$308.8M	$907.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5313	−0.201%	$108.5M	$165.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5307	−0.241%	$268.0M	$375.1M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5310	−0.222%	—	$123.5M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5352	+0.052%	$6.3M	$35.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5361	+0.113%	$667K	$107.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5372	+0.182%	$1.1M	$38.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5350	+0.039%	$1.2M	$996K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5344	−0.003%	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5344	0.000%	$49K	$443K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5345	+0.009%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5341	−0.018%	$826K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5348	+0.025%	$129K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5337	−0.046%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5351	+0.044%	$50.3M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5337	−0.046%	$54.5M	$29.6M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5316	−0.182%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5338	−0.039%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5338	−0.037%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5354	+0.065%	$24.1M	$73.7M	125x	as long as short
Coinbase International XRP-PERP-INTXlong	+0.0224%	1h	1.5344	long leg	$5.8M	$46.5M	50x
Kraken Futures PF_XRPUSD	+0.0244%	1h	1.5336	−0.053%	$14.6M	$70.2M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0292%	1h	1.5340	−0.026%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0312%	8h	1.5359	+0.098%	$2.1M	$34.8M	2.9x	as long as short
Hibachi XRP/USDT-Pshort	+0.0320%	1h	1.5363	+0.121%	$17K	$81K	7x
Hyperliquid XRP	+0.0384%	1h	1.5327	−0.111%	$288.9M	$214.6M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5350	+0.039%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0791%	1h	1.5348	+0.025%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5346	+0.011%	$543K	$773K	10x	as long as short