Funding you earn now, next payment 04:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.031%
Price spread now: 01 Exchange against Hibachi−0.049%7-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
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and 01 Exchange is 0.049% cheaper against Hibachi than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi XRP/USDT-P | 1.5140 | 0.0208 | pay 0.0026% / 1h | 8m 09s | $17K | $82K | 7x |
| Short | 01 Exchange XRPUSD | 1.5133 | 0.0112 | get 0.0014% / 1h | 8m 09s | $8K | $8K | 10x |
Hibachi XRP/USDT-P
01 Exchange XRPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$20.16
- Price spread: −0.049% → 0.000%
- −$4.89
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$41.05
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample | — | — | — | — | — |
Hibachi and 01 Exchange: 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 | 1.5136 | −0.029% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5129 | −0.073% | $14.3M | $73.8M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5134 | −0.039% | $1.1M | $111K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5140 | −0.003% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5131 | −0.063% | $253K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5138 | −0.016% | $7.7M | $25.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.771% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0046% / S +0.0021% | 1h | 1.5130 | −0.068% | $789K | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0091% | 8h | 1.5132 | −0.055% | $62K | $934K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5139 | −0.012% | $2.8M | $14.6M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Orderly PERP_XRP_USDC
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5134 | −0.042% | $498K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5127 | −0.089% | $10K | $330K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5136 | −0.026% | $1.1M | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5141 | +0.004% | $280.3M | $227.6M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5133 | −0.050% | $38.3M | $83.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5138 | −0.014% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5127 | −0.089% | $533.0M | $2.12B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5128 | −0.082% | $345.1M | $936.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5130 | −0.069% | $126.8M | $874.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5133 | −0.049% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5134 | −0.042% | $110K | $712K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5130 | −0.066% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5132 | −0.055% | $368.8M | $154.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5130 | −0.069% | $292.7M | $903.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5135 | −0.038% | $107.8M | $175.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5127 | −0.089% | $267.7M | $384.8M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5129 | −0.075% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5139 | −0.011% | $5.2M | $37.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5141 | +0.007% | $658K | $108.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5130 | −0.069% | $1.1M | $36.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5147 | +0.044% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5134 | −0.045% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5130 | −0.069% | $44K | $454K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5133 | −0.049% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5135 | −0.034% | $814K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5137 | −0.020% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5136 | −0.029% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5126 | −0.098% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5134 | −0.042% | $53.8M | $31.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5134 | −0.040% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5132 | −0.054% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5133 | −0.047% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSDshort | +0.0112% | 1h | 1.5133 | −0.049% | $8K | $8K | 10x | |
| Backpack XRP_USDC_PERP | +0.0187% | 1h | 1.5138 | −0.016% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5141 | +0.004% | $5.6M | $47.0M | 50x | as long as short |
| Hibachi XRP/USDT-Plong | +0.0208% | 1h | 1.5140 | long leg | $17K | $82K | 7x | |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5128 | −0.081% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5134 | −0.042% | $24.2M | $76.0M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0315% | 8h | 1.5141 | +0.004% | $2.1M | $34.7M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5136 | −0.032% | $515K | $773K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0685% | 1h | 1.5141 | +0.002% | $2K | $15K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
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
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD