Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.038%
Price spread now: Katana Perps against Hibachi+0.072%7-day average — · you sell dearer than you buy
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.072% dearer against Hibachi than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi XRP/USDT-P | 1.5285 | 0.0096 | pay 0.0012% / 1h | 43m 22s | $17K | $76K | 7x |
| Short | Katana Perps XRP-USD | 1.5296 | 0.0100 | get 0.0100% / 8h | 5h 43m | $10K | $399K | 20x |
Hibachi XRP/USDT-P
Katana Perps XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps 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
- $0.8
- Price spread: +0.072% → 0.000%
- $7.21
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$4.8
- Costs to cover
- 0.128%
- Break-even
- 49.2 days
Slippage unknown: Hibachi: no order-book sample; Katana Perps: 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 Katana Perps no order-book sample | — | — | — | — | — |
Hibachi and Katana Perps: 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 50 exchanges
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 | 1.5366 | +0.530% | $5K | $4K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0062% | 1h | 1.5307 | +0.144% | $14.0M | $70.4M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5299 | +0.093% | $1.1M | $154K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5290 | +0.033% | $69K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5302 | +0.111% | $7.8M | $21.0M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5286 | +0.007% | $242K | — | 150x | as long as short |
| 01 Exchange XRPUSD | +0.0016% | 1h | 1.5306 | +0.137% | $9K | $987 | 10x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.799% | $2K | $107K | 30x | as long as short |
| SoDEX XRP-USD | +0.0081% | 1h | 1.5300 | +0.098% | $29K | $1.5M | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5302 | +0.112% | $2.8M | $14.1M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
01 Exchange XRPUSD
Injective XRP/USDC PERP
SoDEX XRP-USD
Lighter XRPShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5306 | +0.137% | $598K | $3.1M | 20x | as long as short |
| Hibachi XRP/USDT-Plong | +0.0096% | 1h | 1.5285 | long leg | $17K | $76K | 7x | |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5296 | +0.069% | $477K | $47K | 50x | as long as short |
| Katana Perps XRP-USDshort | +0.0100% | 8h | 1.5296 | +0.072% | $10K | $399K | 20x | |
| Nado XRP-PERP | +0.0100% | 1h | 1.5299 | +0.089% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5326 | +0.268% | $298.5M | $267.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5320 | +0.229% | $39.3M | $81.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5303 | +0.117% | $591K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5318 | +0.216% | $533.1M | $2.08B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5324 | +0.255% | $361.1M | $885.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5324 | +0.255% | $124.4M | $835.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5279 | −0.039% | $562K | $36K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5309 | +0.157% | $164K | $682K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5314 | +0.191% | $1.6M | $26K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5315 | +0.196% | $380.4M | $156.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5311 | +0.170% | $311.8M | $893.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5311 | +0.169% | $105.3M | $181.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5314 | +0.190% | $271.7M | $356.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5319 | +0.223% | — | $99.4M | — | as long as short |
| Backpack XRP_USDC_PERP | +0.0100% | 1h | 1.5316 | +0.203% | $2.0M | $1.2M | 25x | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5309 | +0.154% | $5.0M | $38.2M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5283 | −0.014% | $664K | $110.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5321 | +0.233% | $1.1M | $30.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5290 | +0.033% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5310 | +0.161% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5315 | +0.196% | $52K | $474K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5315 | +0.195% | $41K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5326 | +0.268% | $83K | $613K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5301 | +0.107% | $128K | $1.5M | 30x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5298 | +0.086% | $49.9M | $14.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5310 | +0.164% | $54.6M | $33.3M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5322 | +0.245% | $2.2M | $6.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5322 | +0.243% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0112% | 1h | 1.5302 | +0.111% | $5.5M | $43.7M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0134% | 8h | 1.5296 | +0.072% | $1.9M | $35.1M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0211% / S −0.0510% | 1h | 1.5283 | −0.010% | $822K | — | 200x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5281 | −0.026% | $23.9M | $78.0M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0223% | 1h | 1.5279 | −0.040% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5309 | +0.154% | $514K | $736K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0450% | 1h | 1.5315 | +0.199% | $3K | $13K | 10x | as long as short |
Lighter RH XRP
Paradex XRP-USD-PERP
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-USDT
Backpack XRP_USDC_PERP
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
SunX XRP-USDT
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Aevo XRP-PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
GMX XRP/USD [ETH-USDC]
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD