XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0398%/8h= −43.6% APRnext payment −$0.50 per $10,000 · paid last 24h −0.139%

Price spread now: GMX against Hibachi−0.009%56s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hibachi Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 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 · 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: −$12 a day on $10k at the current rate. The two prices were read 56 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	1.5367	0.0320	pay 0.0040% / 1h	23m 25s	$17K	$81K	7x
Short	GMX XRP/USD [ETH-USDC]	1.5366	L +0.0015% / S +0.0078%	pay 0.0010% / 1h	23m 25s	$842K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hibachi. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HibachibpFee GMXbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$83.55
Price spread: −0.009% → 0.000%: −$0.92
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: −$105.47
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Hibachi: no order-book sample; GMX: 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 GMX no order-book sample	—	—	—	—	—

Hibachi and GMX: 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	1.5357	−0.065%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5358	−0.057%	$1.1M	$112K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5366	−0.007%	$9.3M	$25.1M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5354	−0.085%	$257K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]short	L +0.0015% / S +0.0078%	1h	1.5366	−0.009%	$842K	—	200x
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.256%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0063%	8h	1.5367	0.000%	$58K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5359	−0.052%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5357	−0.064%	$2.8M	$14.0M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5361	−0.039%	$516K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5362	−0.033%	$10K	$279K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5367	−0.001%	$479K	$55K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5359	−0.052%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5356	−0.070%	$38.8M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5360	−0.046%	$621K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5365	−0.011%	$542.4M	$2.05B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5366	−0.007%	$342.8M	$919.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5362	−0.033%	$125.0M	$869.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5316	−0.332%	$571K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5364	−0.020%	$118K	$711K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5334	−0.212%	$1.7M	$381K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5359	−0.052%	$375.4M	$150.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5357	−0.065%	$313.3M	$906.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5364	−0.021%	$109.0M	$165.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5363	−0.026%	$268.9M	$374.9M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5358	−0.059%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5352	−0.098%	$6.3M	$35.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5361	−0.037%	$667K	$107.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5372	+0.033%	$1.1M	$38.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5350	−0.111%	$1.2M	$996K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5361	−0.039%	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5367	0.000%	$49K	$442K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5363	−0.024%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5371	+0.024%	$827K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5368	+0.006%	$129K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5362	−0.033%	$30K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5371	+0.029%	$50.4M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5361	−0.039%	$54.6M	$29.6M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5357	−0.065%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5364	−0.022%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5360	−0.044%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5369	+0.013%	$24.1M	$73.8M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5369	+0.013%	$5.8M	$46.5M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0243%	1h	1.5362	−0.035%	$14.5M	$70.0M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0299%	1h	1.5369	+0.013%	$1.9M	$1.3M	25x	as long as short
Kalshi KXXRPPERP	+0.0311%	8h	1.5373	+0.039%	$2.0M	$34.7M	2.9x	as long as short
Hibachi XRP/USDT-Plong	+0.0320%	1h	1.5367	long leg	$17K	$81K	7x
Hyperliquid XRP	+0.0388%	1h	1.5377	+0.065%	$290.2M	$214.4M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5350	−0.111%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0794%	1h	1.5352	−0.096%	$2K	$12K	10x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5367	+0.001%	$544K	$773K	10x	as long as short