Funding you earn now, next payment 05:00 UTC−0.0336%/8h= −36.8% APRnext payment −$0.42 per $10,000 · paid last 24h −0.095%
Price spread now: Hotstuff against Hibachi−0.015%52s7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropHibachi: Active · Hotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi XRP/USDT-P | 1.5206 | 0.0256 | pay 0.0032% / 1h | 44m 38s | $17K | $82K | 7x |
| Short | Hotstuff XRP-PERP | 1.5204 | −0.0080 | pay 0.0010% / 1h | 44m 38s | $5K | $3K | 20x |
Hibachi XRP/USDT-P
Hotstuff XRP-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$70.56
- Price spread: −0.015% → 0.000%
- −$1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$86.06
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; Hotstuff: 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 Hibachi no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hibachi and Hotstuff: 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-PERPshort | −0.0080% | 1h | 1.5204 | −0.015% | $5K | $3K | 20x | |
| dYdX XRP-USD | 0.0000% | 1h | 1.5195 | −0.076% | $1.1M | $111K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5202 | −0.028% | $262K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0021% | 1h | 1.5211 | +0.029% | $14.4M | $74.2M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.326% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0051% / S +0.0014% | 1h | 1.5201 | −0.037% | $780K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0079% | 1h | 1.5216 | +0.064% | $7.8M | $25.6M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5200 | −0.040% | $2.9M | $14.6M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5204 | −0.015% | $498K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5200 | −0.041% | $12K | $343K | 20x | as long as short |
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_XRP_USDC | +0.0099% | 8h | 1.5210 | +0.024% | $62K | $934K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5196 | −0.064% | $1.0M | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5202 | −0.030% | $38.4M | $84.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5200 | −0.039% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5198 | −0.053% | $534.4M | $2.14B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5200 | −0.041% | $346.7M | $941.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5202 | −0.028% | $127.1M | $887.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5193 | −0.087% | $566K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5209 | +0.018% | $118K | $702K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5181 | −0.166% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5199 | −0.048% | $371.3M | $153.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5197 | −0.061% | $293.0M | $899.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5201 | −0.035% | $109.0M | $176.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5201 | −0.035% | $269.2M | $388.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5198 | −0.055% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5202 | −0.029% | $4.9M | $38.2M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5212 | +0.039% | $661K | $109.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5208 | +0.012% | $1.1M | $36.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5213 | +0.044% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5202 | −0.031% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5200 | −0.041% | $45K | $476K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5198 | −0.052% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5213 | +0.042% | $819K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5202 | −0.026% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5211 | +0.031% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5209 | +0.018% | $49.7M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5205 | −0.008% | $54.2M | $31.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5200 | −0.038% | $474K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5200 | −0.039% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5210 | +0.023% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0160% | 1h | 1.5210 | +0.024% | $9K | $8K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5216 | +0.064% | $5.6M | $47.6M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5199 | −0.047% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5206 | −0.002% | $24.1M | $76.0M | 125x | as long as short |
| Hibachi XRP/USDT-Plong | +0.0256% | 1h | 1.5206 | long leg | $17K | $82K | 7x | |
| Kalshi KXXRPPERP | +0.0277% | 8h | 1.5207 | +0.005% | $2.0M | $35.1M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0299% | 1h | 1.5217 | +0.070% | $2.0M | $1.4M | 25x | as long as short |
| Hyperliquid XRP | +0.0306% | 1h | 1.5214 | +0.051% | $292.7M | $234.6M | 20x | as long as short |
| RISEx XRP/USDC | +0.0358% | 1h | 1.5209 | +0.017% | $518K | $774K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5220 | +0.090% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0657% | 1h | 1.5209 | +0.017% | $2K | $15K | 10x | as long as short |
Orderly PERP_XRP_USDC
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
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
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD