Funding you earn now, next payment 09:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.010%
Price spread now: Coinbase International against Hibachi+0.195%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.220%−$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Coinbase International is 0.195% dearer against Hibachi than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.220%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi XRP/USDT-P | 1.5388 | 0.0104 | pay 0.0013% / 1h | 11m 38s | $17K | $76K | 7x |
| Short | Coinbase International XRP-PERP-INTX | 1.5418 | 0.0120 | get 0.0015% / 1h | 11m 38s | $5.5M | $45.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Hibachi. 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
- $3.36
- Price spread: +0.195% → 0.000%
- $19.53
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $3.89
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Hibachi: no order-book sample; Coinbase International: live order book, 6 min ago. 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 Hibachi no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 6 min ago | 0.32 bp | 7.6 bp −$8 | 10.2 bp −$102 | 27.2 bp −$2,720 | doesn't fit |
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 exchanges
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 | 1.5401 | +0.085% | $5K | $4K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5401 | +0.083% | $1.1M | $155K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5399 | +0.073% | $245K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0009% | 1h | 1.5422 | +0.221% | $7.9M | $21.7M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0015% | 1h | 1.5413 | +0.165% | $14.2M | $72.7M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.118% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0048% | 1h | 1.5401 | +0.085% | $9K | $1K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5402 | +0.091% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5403 | +0.098% | $606K | $3.1M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5401 | +0.086% | $480K | $50K | 50x | as long as short |
Show all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5390 | +0.013% | $10K | $396K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5397 | +0.062% | $1.0M | $5.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5396 | +0.052% | $39.6M | $82.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5402 | +0.091% | $590K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5394 | +0.041% | $536.7M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5395 | +0.046% | $363.8M | $898.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5393 | +0.033% | $124.9M | $846.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5406 | +0.117% | $566K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5406 | +0.117% | $165K | $692K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5353 | −0.230% | $1.6M | $25K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5400 | +0.078% | $380.2M | $161.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5396 | +0.052% | $316.7M | $918.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5403 | +0.095% | $107.0M | $182.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5398 | +0.065% | $272.9M | $359.9M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5395 | +0.046% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5377 | −0.070% | $5.1M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5385 | −0.022% | $669K | $111.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5402 | +0.089% | $1.1M | $31.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5394 | +0.039% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5410 | +0.143% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5410 | +0.143% | $53K | $478K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5414 | +0.169% | $42K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5415 | +0.176% | $76K | $607K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5413 | +0.163% | $129K | $1.6M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5416 | +0.182% | $31K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5405 | +0.111% | $50.2M | $14.2M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5413 | +0.163% | $55.0M | $33.4M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5393 | +0.030% | $2.1M | $5.8M | 50x | as long as short |
| Hibachi XRP/USDT-Plong | +0.0104% | 1h | 1.5388 | long leg | $17K | $76K | 7x | |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5412 | +0.158% | $59K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0118% | 1h | 1.5414 | +0.169% | $299.9M | $269.2M | 20x | as long as short |
| Coinbase International XRP-PERP-INTXshort | +0.0120% | 1h | 1.5418 | +0.195% | $5.5M | $45.7M | 50x | |
| Kalshi KXXRPPERP | +0.0150% | 8h | 1.5413 | +0.163% | $1.9M | $34.4M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0155% / S −0.0126% | 1h | 1.5382 | −0.036% | $801K | — | 200x | as long as short |
| Backpack XRP_USDC_PERP | +0.0201% | 1h | 1.5411 | +0.150% | $2.0M | $1.3M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5394 | +0.039% | $23.9M | $79.2M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0222% | 1h | 1.5405 | +0.114% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0272% | 1h | 1.5403 | +0.099% | $514K | $786K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0452% | 1h | 1.5390 | +0.012% | $3K | $14K | 10x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5410 | +0.143% | $69K | $109K | 15x | as long as short |
Coinbase International XRP-PERP-INTX
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
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
Extended XRP-USD
Hyperliquid XRP
Kalshi KXXRPPERP
GMX XRP/USD [ETH-USDC]
Backpack XRP_USDC_PERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD
Phoenix XRP