Funding you earn now, next payment 04:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.011%
Price spread now: Coinbase International against Hibachi−0.093%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−0.214%−$21 on $10k
+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 Coinbase International is 0.093% cheaper against Hibachi than usual: you would sell low and buy high (−$9 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 | 1.5174 | 0.0280 | pay 0.0035% / 1h | 14m 39s | $17K | $82K | 7x |
| Short | Coinbase International XRP-PERP-INTX | 1.5160 | 0.0184 | get 0.0023% / 1h | 14m 39s | $5.7M | $48.1M | 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
- −$20.16
- Price spread: −0.093% → 0.000%
- −$9.26
- 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
- −$48.42
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; Coinbase International: live order book, 4 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, 4 min ago | 0.33 bp | 7.7 bp −$8 | 9.8 bp −$98 | 29.6 bp −$2,955 | 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 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 | 1.5160 | −0.093% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5149 | −0.164% | $1.1M | $115K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5158 | −0.106% | $259K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5155 | −0.126% | $7.8M | $25.5M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0022% | 1h | 1.5154 | −0.134% | $14.4M | $74.6M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.543% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0054% / S +0.0009% | 1h | 1.5157 | −0.110% | $795K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5151 | −0.155% | $2.8M | $14.8M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5158 | −0.106% | $496K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5163 | −0.073% | $9K | $351K | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5166 | −0.050% | $976K | $6.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5151 | −0.153% | $38.9M | $85.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5151 | −0.153% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5147 | −0.178% | $533.9M | $2.16B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5148 | −0.172% | $344.5M | $945.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5150 | −0.159% | $125.8M | $883.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5163 | −0.073% | $564K | $27K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5172 | −0.014% | $137K | $721K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5164 | −0.063% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5152 | −0.145% | $372.1M | $156.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5149 | −0.165% | $297.2M | $907.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5151 | −0.153% | $109.1M | $178.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5152 | −0.145% | $269.1M | $390.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5154 | −0.132% | — | $127.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5151 | −0.153% | $4.8M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5166 | −0.050% | $659K | $110.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5154 | −0.130% | $1.1M | $36.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5169 | −0.033% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5167 | −0.046% | $45K | $479K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5159 | −0.098% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5153 | −0.139% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5154 | −0.134% | $815K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5165 | −0.059% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5152 | −0.145% | $30K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5158 | −0.106% | $49.5M | $15.8M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5155 | −0.126% | $53.9M | $31.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5147 | −0.180% | $472K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5162 | −0.079% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5150 | −0.156% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5151 | −0.150% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5173 | −0.007% | $8K | $8K | 10x | as long as short |
| Coinbase International XRP-PERP-INTXshort | +0.0184% | 1h | 1.5160 | −0.093% | $5.7M | $48.1M | 50x | |
| Reya XRPRUSDPERP | +0.0217% | 1h | 1.5163 | −0.071% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5156 | −0.119% | $24.2M | $75.7M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0233% | 8h | 1.5170 | −0.027% | $1.9M | $35.3M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0251% | 1h | 1.5164 | −0.066% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-Plong | +0.0280% | 1h | 1.5174 | long leg | $17K | $82K | 7x | |
| RISEx XRP/USDC | +0.0358% | 1h | 1.5171 | −0.020% | $517K | $776K | 10x | as long as short |
| Hyperliquid XRP | +0.0406% | 1h | 1.5168 | −0.040% | $298.1M | $251.5M | 20x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5160 | −0.093% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0645% | 1h | 1.5172 | −0.014% | $2K | $15K | 10x | 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
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRP
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-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
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
01 Exchange XRPUSD
BloFin XRP-USDT
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
RISEx XRP/USDC
Hyperliquid XRP
Phoenix XRP
Aftermath Perps XRPUSD