XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.11 per $10,000 · paid last 24h +0.072%

Price spread now: Hibachi against gTrade (Gains Network)−0.022%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 4 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 0.022% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 21 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5286	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	19m 41s	$248K	—	150x
Short	Hibachi XRP/USDT-P	1.5283	0.0088	get 0.0011% / 1h	19m 41s	$17K	$78K	7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee HibachibpOrdersPrice spread, now −0.022%Rate

Funding earned: $17.78
Price spread: −0.022% → 0.000%: −$2.17
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: −$3.39
Costs to cover: 0.190%
Break-even: 8.3 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 14 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 gTrade (Gains Network) virtual book (oracle venue), 14 min ago	130.05 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
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
Kraken Futures PF_XRPUSD	−0.0170%	1h	1.5293	+0.045%	$14.8M	$73.4M	50x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5287	+0.006%	$5K	$3K	20x	as long as short
Phoenix XRP	0.0000%	1h	1.5190	−0.629%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5286	long leg	$248K	—	150x
dYdX XRP-USD	+0.0007%	1h	1.5291	+0.030%	$1.1M	$140K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0012%	1h	1.5300	+0.091%	$7.8M	$23.0M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.792%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5293	+0.045%	$9K	$2K	10x	as long as short
Hibachi XRP/USDT-Pshort	+0.0088%	1h	1.5283	−0.022%	$17K	$78K	7x
Lighter XRP	+0.0096%	1h	1.5293	+0.045%	$2.8M	$14.6M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5295	+0.058%	$622K	$3.1M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5290	+0.026%	$20K	$379K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5295	+0.061%	$999K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5291	+0.034%	$38.7M	$83.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5292	+0.042%	$615K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5289	+0.016%	$533.0M	$2.14B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5289	+0.019%	$356.6M	$922.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5295	+0.058%	$126.8M	$840.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5302	+0.104%	$561K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5299	+0.084%	$144K	$701K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5141	−0.946%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5295	+0.058%	$375.1M	$155.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5297	+0.071%	$317.0M	$924.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5295	+0.058%	$107.6M	$181.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5292	+0.039%	$270.6M	$372.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5297	+0.071%	—	$108.6M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5309	+0.152%	$4.8M	$38.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5245	−0.267%	$662K	$112.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5273	−0.084%	$1.1M	$32.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5249	−0.243%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5293	+0.044%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5286	−0.001%	$52K	$504K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5295	+0.058%	$41K	$67K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5296	+0.065%	$78K	$647K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5150	−0.893%	$815K	$76K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5299	+0.082%	$128K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5293	+0.045%	$29K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5295	+0.056%	$49.9M	$14.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5293	+0.045%	$54.4M	$33.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5298	+0.075%	$477K	$53K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5289	+0.018%	$2.1M	$6.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5293	+0.046%	$59K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0131% / S −0.0092%	1h	1.5286	−0.002%	$782K	—	200x	as long as short
Coinbase International XRP-PERP-INTX	+0.0160%	1h	1.5296	+0.065%	$5.3M	$47.1M	50x	as long as short
Kalshi KXXRPPERP	+0.0169%	8h	1.5301	+0.097%	$1.8M	$33.0M	2.9x	as long as short
Hyperliquid XRP	+0.0177%	1h	1.5308	+0.143%	$292.9M	$264.1M	20x	as long as short
Backpack XRP_USDC_PERP	+0.0209%	1h	1.5299	+0.084%	$2.0M	$1.3M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5313	+0.176%	$24.0M	$77.8M	125x	as long as short
Reya XRPRUSDPERP	+0.0221%	1h	1.5285	−0.006%	$1.4M	$4K	15x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5298	+0.079%	$524K	$786K	10x	as long as short
Aftermath Perps XRPUSD	+0.0520%	1h	1.5237	−0.318%	$3K	$16K	10x	as long as short