XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.03 per $10,000 · paid last 24h −0.040%

Price spread now: Nado against Hibachi+0.242%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 Nado

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 · Nado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.242% dearer against Hibachi than usual: you sell high and buy low (spread +0.242% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 40 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi XRP/USDT-P	1.5381	0.0120	pay 0.0015% / 1h	5m 20s	$17K	$76K	7x
Short	Nado XRP-PERP	1.5418	0.0100	get 0.0012% / 1h	5m 20s	$1.0M	$5.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.242%Rate

Funding earned: −$4.2
Price spread: +0.242% → 0.000%: $24.18
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $3.98
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Hibachi: no order-book sample; Nado: live order book, 2 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 Nado live order book, 2 min ago	0.32 bp	5.2 bp −$5	11.2 bp −$112	doesn't fit	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 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	1.5414	+0.213%	$5K	$4K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5369	−0.080%	$1.1M	$155K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5393	+0.076%	$7.9M	$21.7M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5398	+0.112%	$246K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0015%	1h	1.5395	+0.086%	$14.1M	$72.1M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.162%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0048%	1h	1.5418	+0.239%	$9K	$1K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5393	+0.074%	$2.8M	$14.5M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5397	+0.102%	$607K	$3.1M	20x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5423	+0.270%	$481K	$47K	50x	as long as short

Show all 50 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5408	+0.174%	$10K	$399K	20x	as long as short
Nado XRP-PERPshort	+0.0100%	1h	1.5418	+0.242%	$1.0M	$5.9M	20x
Hyperliquid XRP	+0.0100%	1h	1.5423	+0.271%	$300.4M	$267.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5392	+0.071%	$39.5M	$81.8M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5421	+0.261%	$594K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5391	+0.063%	$536.4M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5405	+0.154%	$363.6M	$893.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5391	+0.063%	$125.1M	$842.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5398	+0.109%	$565K	$37K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5424	+0.278%	$166K	$683K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5414	+0.213%	$382.6M	$161.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5410	+0.187%	$316.8M	$921.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5412	+0.198%	$106.9M	$181.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5390	+0.057%	$273.0M	$358.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5405	+0.154%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5394	+0.082%	$5.1M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5372	−0.058%	$683K	$110.2M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5414	+0.213%	$1.1M	$31.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5368	−0.086%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5412	+0.197%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5418	+0.239%	$53K	$476K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5410	+0.187%	$42K	$65K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5394	+0.083%	$76K	$607K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5413	+0.209%	$129K	$1.5M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5392	+0.070%	$32K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5405	+0.151%	$50.2M	$14.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5396	+0.096%	$54.9M	$33.3M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5369	−0.079%	$1.6M	$25K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5382	+0.006%	$2.2M	$6.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5388	+0.042%	$59K	$25K	3x	as long as short
Hibachi XRP/USDT-Plong	+0.0120%	1h	1.5381	long leg	$17K	$76K	7x
Coinbase International XRP-PERP-INTX	+0.0120%	1h	1.5395	+0.089%	$5.5M	$45.2M	50x	as long as short
Kalshi KXXRPPERP	+0.0146%	8h	1.5413	+0.206%	$1.9M	$34.6M	2.9x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0162% / S −0.0343%	1h	1.5396	+0.093%	$610K	—	200x	as long as short
Backpack XRP_USDC_PERP	+0.0196%	1h	1.5408	+0.174%	$2.0M	$1.3M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5391	+0.063%	$23.8M	$78.9M	125x	as long as short
Reya XRPRUSDPERP	+0.0223%	1h	1.5368	−0.087%	$1.4M	$1K	15x	as long as short
RISEx XRP/USDC	+0.0272%	1h	1.5415	+0.222%	$514K	$783K	10x	as long as short
Aftermath Perps XRPUSD	+0.0443%	1h	1.5392	+0.071%	$3K	$14K	10x	as long as short
Phoenix XRP	+0.0516%	1h	1.5410	+0.187%	$69K	$109K	15x	as long as short