XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0168%/8h= −18.4% APRnext payment −$0.21 per $10,000 · paid last 24h −0.097%

Price spread now: Hotstuff against Hibachi+0.021%7-day average — · you sell dearer than you buy

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

Long on Hibachi Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 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 · Hotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hotstuff is 0.021% dearer against Hibachi than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi XRP/USDT-P	1.5283	0.0088	pay 0.0011% / 1h	20m 53s	$17K	$78K	7x
Short	Hotstuff XRP-PERP	1.5286	−0.0080	pay 0.0010% / 1h	20m 53s	$5K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$35.28
Price spread: +0.021% → 0.000%: $2.11
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$47.17
Costs to cover: 0.140%
Break-even: never at this rate

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

Hibachi and Hotstuff: 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
Kraken Futures PF_XRPUSD	−0.0170%	1h	1.5317	+0.222%	$14.8M	$74.0M	50x	as long as short
Hotstuff XRP-PERPshort	−0.0080%	1h	1.5286	+0.021%	$5K	$3K	20x
Phoenix XRP	0.0000%	1h	1.5190	−0.607%	$68K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5287	+0.028%	$248K	—	150x	as long as short
dYdX XRP-USD	+0.0008%	1h	1.5286	+0.019%	$1.1M	$160K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0011%	1h	1.5320	+0.244%	$7.8M	$23.1M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.814%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5285	+0.015%	$9K	$2K	10x	as long as short
Hibachi XRP/USDT-Plong	+0.0088%	1h	1.5283	long leg	$17K	$78K	7x
Lighter XRP	+0.0096%	1h	1.5316	+0.217%	$2.8M	$14.6M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5319	+0.237%	$623K	$3.1M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5284	+0.008%	$20K	$380K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5286	+0.022%	$1.0M	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5284	+0.008%	$38.7M	$84.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5287	+0.028%	$615K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5282	−0.007%	$532.7M	$2.16B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5275	−0.051%	$356.6M	$921.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5276	−0.044%	$126.7M	$844.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5193	−0.587%	$561K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5295	+0.080%	$144K	$703K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5141	−0.924%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5284	+0.008%	$374.5M	$155.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5294	+0.073%	$316.6M	$923.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5301	+0.118%	$107.7M	$181.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5281	−0.012%	$270.3M	$373.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5280	−0.018%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5309	+0.173%	$4.8M	$38.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5245	−0.245%	$662K	$112.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5273	−0.062%	$1.1M	$32.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5249	−0.221%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5296	+0.086%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5292	+0.060%	$52K	$509K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5304	+0.140%	$41K	$67K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5311	+0.185%	$78K	$647K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5150	−0.872%	$815K	$76K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5320	+0.247%	$128K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5315	+0.211%	$29K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5316	+0.217%	$50.0M	$14.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5312	+0.191%	$54.4M	$33.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5289	+0.044%	$477K	$54K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5289	+0.040%	$2.1M	$6.3M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5313	+0.197%	$59K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0131% / S −0.0092%	1h	1.5312	+0.189%	$782K	—	200x	as long as short
Coinbase International XRP-PERP-INTX	+0.0160%	1h	1.5312	+0.191%	$5.4M	$47.3M	50x	as long as short
Kalshi KXXRPPERP	+0.0169%	8h	1.5297	+0.093%	$1.7M	$33.1M	2.9x	as long as short
Hyperliquid XRP	+0.0179%	1h	1.5295	+0.080%	$292.7M	$264.0M	20x	as long as short
Backpack XRP_USDC_PERP	+0.0207%	1h	1.5329	+0.302%	$2.0M	$1.3M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5313	+0.198%	$24.0M	$77.8M	125x	as long as short
Reya XRPRUSDPERP	+0.0221%	1h	1.5292	+0.063%	$1.4M	$4K	15x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5278	−0.032%	$523K	$787K	10x	as long as short
Aftermath Perps XRPUSD	+0.0533%	1h	1.5220	−0.412%	$3K	$16K	10x	as long as short