XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0097%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.006%

Price spread now: Reya against Hibachi−0.295%7-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 Reya

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 · Reya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Reya is 0.295% cheaper against Hibachi than usual: you would sell low and buy high (−$30 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	1.5140	0.0312	pay 0.0039% / 1h	49m 45s	$17K	$82K	7x
Short	Reya XRPRUSDPERP	1.5096	0.0215	get 0.0027% / 1h	49m 45s	$1.3M	$7K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.295%Rate

Funding earned: −$20.45
Price spread: −0.295% → 0.000%: −$29.52
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Reya: 3 bp × 2 orders: −$6
Net: −$64.97
Costs to cover: 0.150%
Break-even: never at this rate

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

Hibachi and Reya: 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 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	1.5136	−0.029%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5128	−0.082%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5100	−0.267%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0026% / S +0.0049%	1h	1.5097	−0.289%	$798K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.771%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5106	−0.227%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5099	−0.273%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5116	−0.161%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5119	−0.141%	$508K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5103	−0.247%	$9K	$305K	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5111	−0.197%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5132	−0.055%	$280.0M	$220.8M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5125	−0.105%	$38.4M	$83.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5129	−0.075%	$607K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5118	−0.150%	$536.1M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5122	−0.122%	$342.3M	$925.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5125	−0.102%	$125.0M	$863.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5113	−0.181%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5117	−0.155%	$114K	$695K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5087	−0.356%	$1.6M	$161K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5124	−0.108%	$369.4M	$150.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5127	−0.089%	$293.0M	$892.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5121	−0.127%	$106.5M	$170.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5122	−0.122%	$266.5M	$379.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5125	−0.102%	—	$126.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5141	+0.001%	$6.0M	$36.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5102	−0.252%	$657K	$108.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5131	−0.060%	$1.1M	$35.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5108	−0.214%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5113	−0.181%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5101	−0.260%	$41K	$447K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5100	−0.267%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5107	−0.223%	$813K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5105	−0.233%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5100	−0.267%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5098	−0.277%	$49.5M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5106	−0.227%	$53.8M	$29.9M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5141	+0.002%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5118	−0.145%	$2.0M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5098	−0.278%	$58K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0147%	1h	1.5104	−0.240%	$7.7M	$25.2M	50x	as long as short
Reya XRPRUSDPERPshort	+0.0215%	1h	1.5096	−0.295%	$1.3M	$7K	15x
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5105	−0.234%	$5.6M	$46.2M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0232%	1h	1.5114	−0.174%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0274%	1h	1.5096	−0.295%	$14.4M	$72.8M	50x	as long as short
Hibachi XRP/USDT-Plong	+0.0312%	1h	1.5140	long leg	$17K	$82K	7x
Kalshi KXXRPPERP	+0.0357%	8h	1.5127	−0.089%	$2.1M	$34.9M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5113	−0.184%	$526K	$769K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5100	−0.267%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0717%	1h	1.5119	−0.145%	$2K	$14K	10x	as long as short