Funding you earn now, next payment 00:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h −0.034%
Price spread now: SunX against Hibachi−0.058%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.058% cheaper against Hibachi than usual: you would sell low and buy high (−$6 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 | 1.5337 | 0.0296 | pay 0.0037% / 1h | 13m 05s | $17K | $82K | 7x |
| Short | SunX XRP-USDT | 1.5328 | 0.0100 | get 0.0100% / 8h | 13m 05s | $128K | $1.8M | 30x |
Hibachi XRP/USDT-P
SunX XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$41.16
- Price spread: −0.058% → 0.000%
- −$5.85
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$64.01
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; SunX: live order book, 12 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 SunX live order book, 12 min ago | 12.03 bp | 22.0 bp −$22 | 29.3 bp −$293 | 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 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 | 1.5341 | +0.026% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5335 | −0.013% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5350 | +0.085% | $68K | $90K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5323 | −0.091% | $9.3M | $25.6M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5317 | −0.128% | $265K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0005% / S +0.0094% | 1h | 1.5316 | −0.137% | $842K | — | 200x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5319 | −0.115% | $14.9M | $69.8M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0060% | 8h | 1.5322 | −0.098% | $75K | $910K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +1.454% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5321 | −0.104% | $3.0M | $13.3M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Injective XRP/USDC PERP
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5324 | −0.085% | $486K | $3.2M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5326 | −0.068% | $1.1M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5317 | −0.132% | $38.8M | $81.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5339 | +0.013% | $631K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5314 | −0.148% | $544.1M | $2.05B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5316 | −0.137% | $341.2M | $925.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5316 | −0.137% | $125.1M | $877.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5350 | +0.085% | $571K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5331 | −0.039% | $116K | $757K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5373 | +0.232% | $1.7M | $571K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5316 | −0.137% | $360.5M | $148.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5316 | −0.137% | $297.2M | $892.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5318 | −0.123% | $109.0M | $165.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5313 | −0.156% | $267.3M | $376.0M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5312 | −0.163% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5350 | +0.087% | $11.4M | $30.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5346 | +0.059% | $666K | $105.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5353 | +0.104% | $1.1M | $40.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5347 | +0.065% | $1.0M | $901K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5327 | −0.068% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5325 | −0.078% | $47K | $455K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5320 | −0.111% | $41K | $69K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5324 | −0.086% | $825K | $81K | 10x | as long as short |
| SunX XRP-USDTshort | +0.0100% | 8h | 1.5328 | −0.058% | $128K | $1.8M | 30x | |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5322 | −0.098% | $31K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5319 | −0.117% | $50.3M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5321 | −0.104% | $54.6M | $29.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5328 | −0.057% | $478K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5325 | −0.078% | $11K | $271K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5319 | −0.120% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5319 | −0.117% | $71K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5331 | −0.039% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5320 | −0.114% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5324 | −0.085% | $24.1M | $74.7M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5327 | −0.065% | $5.8M | $46.8M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0253% | 1h | 1.5323 | −0.091% | $1.7M | $1.0M | 25x | as long as short |
| Hibachi XRP/USDT-Plong | +0.0296% | 1h | 1.5337 | long leg | $17K | $82K | 7x | |
| Kalshi KXXRPPERP | +0.0310% | 8h | 1.5329 | −0.052% | $2.0M | $34.5M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0576% | 1h | 1.5329 | −0.052% | $290.6M | $215.3M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5333 | −0.028% | $499K | $707K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0784% | 1h | 1.5353 | +0.105% | $1K | $11K | 10x | as long as short |
Lighter RH XRP
Nado XRP-PERP
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-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD