XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0212%/8h= −23.2% APRnext payment −$0.27 per $10,000 · paid last 24h −0.038%

Price spread now: Vest against Hibachi+0.163%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 Vest

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 · Vest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Vest is 0.163% dearer against Hibachi than usual: you sell high and buy low (spread +0.163% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi XRP/USDT-P	1.5118	0.0312	pay 0.0039% / 1h	50m 50s	$17K	$81K	7x
Short	Vest XRP-PERP	1.5143	0.0100	get 0.0013% / 1h	50m 50s	—	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.163%Rate

Funding earned: −$44.52
Price spread: +0.163% → 0.000%: $16.34
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Vest: 1 bp × 2 orders: −$2
Net: −$39.18
Costs to cover: 0.110%
Break-even: from the start

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

Hibachi and Vest: 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	1.5127	+0.060%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5129	+0.072%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5141	+0.153%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0026% / S +0.0050%	1h	1.5141	+0.150%	$800K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.925%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5146	+0.186%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5143	+0.166%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5154	+0.237%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5156	+0.252%	$510K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5132	+0.093%	$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	1.5135	+0.114%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5152	+0.226%	$280.2M	$220.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5153	+0.229%	$38.4M	$83.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5140	+0.146%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5141	+0.153%	$536.9M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5141	+0.153%	$342.6M	$924.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5144	+0.173%	$125.1M	$864.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5113	−0.032%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5143	+0.166%	$114K	$694K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5087	−0.207%	$1.6M	$161K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5139	+0.140%	$370.0M	$150.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5143	+0.166%	$294.6M	$892.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5142	+0.156%	$106.6M	$170.2M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5142	+0.160%	$266.9M	$379.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5140	+0.146%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5141	+0.150%	$6.0M	$36.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5102	−0.103%	$657K	$108.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5131	+0.089%	$1.1M	$35.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5108	−0.065%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERPshort	+0.0100%	1h	1.5143	+0.163%	—	$11K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5148	+0.199%	$41K	$447K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5142	+0.160%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5150	+0.215%	$815K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5152	+0.225%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5160	+0.279%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5150	+0.214%	$49.7M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5165	+0.312%	$54.0M	$29.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5137	+0.130%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5137	+0.129%	$2.0M	$6.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5146	+0.189%	$58K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0212%	1h	1.5158	+0.265%	$7.7M	$25.1M	50x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5146	+0.184%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5166	+0.318%	$5.6M	$46.4M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0247%	1h	1.5159	+0.272%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0273%	1h	1.5159	+0.273%	$14.5M	$72.8M	50x	as long as short
Hibachi XRP/USDT-Plong	+0.0312%	1h	1.5118	long leg	$17K	$81K	7x
Kalshi KXXRPPERP	+0.0357%	8h	1.5143	+0.166%	$2.1M	$34.9M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5148	+0.197%	$527K	$787K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5100	−0.118%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0716%	1h	1.5120	+0.014%	$2K	$14K	10x	as long as short