Funding spread now, next payment 17:00 UTC+0.0493%/8h
next payment, per $10,000+$0.62paid, last 24h+0.065%paid, last 3 days−0.098%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid -0.098% in total (about -11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.62 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi XRP/USDT-P | 1.4901 | 0.0128 | pay 0.0016% / 1h | 7m 56s | $19K | $30K | 7x |
| Short | RISEx XRP/USDC | 1.4891 | 0.0621 | get 0.0078% / 1h | 7m 56s | $375K | $438K | 10x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $103.62
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $88.62
- Break-even
- 1.0 days
Slippage unknown: Hibachi: no order-book sample; RISEx: live order book, 32 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.062%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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 RISEx live order book, 32 min ago | 1.10 bp | 4.1 bp −$4 | 10.3 bp −$103 | doesn't fit | 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 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| GMX XRP/USD [ETH-USDC] | L −0.0208% / S +0.0292% | 1h | $1.6M | — | 200x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | $6K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | $1.1M | $96K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | $68K | $86K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | $8.2M | $19.4M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0003% | 1h | $217K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | $2K | $63K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0049% | 8h | $183K | $774K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | $2.8M | $9.3M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | $447K | $2.2M | 20x | as long as short |
RISEx XRP/USDC
GMX XRP/USD [ETH-USDC]
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Paradex XRP-USD-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Extended XRP-USD
Backpack XRP_USDC_PERP
Kraken Futures PF_XRPUSD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Hyperliquid XRP