Funding you earn now, next payment 07:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h +0.013%
Price spread now: Hibachi against Coinbase International−0.158%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.218%+$22 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hibachi is 0.158% cheaper against Coinbase International than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.218%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XRP-PERP-INTX | 1.5201 | 0.0176 | pay 0.0022% / 1h | 9m 42s | $5.6M | $48.0M | 50x |
| Short | Hibachi XRP/USDT-P | 1.5177 | 0.0096 | get 0.0012% / 1h | 9m 42s | $17K | $78K | 7x |
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Coinbase International. 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
- −$16.8
- Price spread: −0.158% → 0.000%
- −$15.79
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$51.59
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago | 0.33 bp | 7.5 bp −$7 | 9.6 bp −$96 | 24.8 bp −$2,476 | doesn't fit |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5187 | −0.092% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5185 | −0.104% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5191 | −0.068% | $247K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.362% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5193 | −0.051% | $14.6M | $73.6M | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0079% | 1h | 1.5198 | −0.020% | $7.7M | $24.0M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5185 | −0.108% | $2.8M | $15.2M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5188 | −0.086% | $605K | $3.2M | 20x | as long as short |
| Hibachi XRP/USDT-Pshort | +0.0096% | 1h | 1.5177 | −0.158% | $17K | $78K | 7x | |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5179 | −0.145% | $20K | $382K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5187 | −0.089% | $1.0M | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5185 | −0.108% | $38.5M | $86.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5188 | −0.088% | $611K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5187 | −0.092% | $529.8M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5185 | −0.105% | $350.1M | $949.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5186 | −0.099% | $127.2M | $863.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5172 | −0.191% | $564K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5191 | −0.066% | $144K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5178 | −0.151% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5185 | −0.105% | $378.1M | $162.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5188 | −0.086% | $311.1M | $929.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5186 | −0.097% | $106.8M | $183.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5185 | −0.105% | $268.9M | $388.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5186 | −0.099% | — | $107.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5163 | −0.253% | $4.8M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5151 | −0.329% | $658K | $113.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5180 | −0.139% | $1.1M | $34.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5182 | −0.125% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5192 | −0.057% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5199 | −0.013% | $52K | $514K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5192 | −0.057% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5195 | −0.039% | $77K | $689K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5192 | −0.060% | $817K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5178 | −0.149% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5193 | −0.053% | $30K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5191 | −0.063% | $49.6M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5195 | −0.039% | $54.2M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5193 | −0.050% | $474K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5183 | −0.121% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5190 | −0.072% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5192 | −0.059% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0108% / S −0.0072% | 1h | 1.5191 | −0.068% | $774K | — | 200x | as long as short |
| Hyperliquid XRP | +0.0142% | 1h | 1.5190 | −0.072% | $290.0M | $268.1M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0166% | 8h | 1.5180 | −0.138% | $1.8M | $33.8M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTXlong | +0.0176% | 1h | 1.5201 | long leg | $5.6M | $48.0M | 50x | |
| Backpack XRP_USDC_PERP | +0.0178% | 1h | 1.5201 | 0.000% | $2.0M | $1.4M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5172 | −0.191% | $23.6M | $77.6M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5196 | −0.035% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5190 | −0.073% | $521K | $798K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5180 | −0.138% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0584% | 1h | 1.5172 | −0.188% | $2K | $16K | 10x | as long as short |
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-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Hyperliquid XRP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD