XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0256%/8h= +28.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.097%

Price spread now: Hibachi against Hotstuff−0.165%52s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Hibachi

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 airdropHotstuff: Active · Hibachi: Active · farm boardneeds both histories

Funding pays, the price is against you. Hibachi is 0.165% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.165% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 2.1 days of funding at the current rate (+$8 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff XRP-PERP	1.5155	−0.0080	get 0.0010% / 1h	10m 41s	$5K	$3K	20x
Short	Hibachi XRP/USDT-P	1.5130	0.0176	get 0.0022% / 1h	10m 41s	$17K	$82K	7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Hotstuff. 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 HotstuffbpFee HibachibpOrdersPrice spread, now −0.165%Rate

Funding earned: $53.76
Price spread: −0.165% → 0.000%: −$16.5
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: $23.26
Costs to cover: 0.140%
Break-even: 4.0 days

Slippage unknown: Hotstuff: no order-book sample; Hibachi: 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Hibachi no order-book sample	—	—	—	—	—

Hotstuff and 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-PERPlong	−0.0080%	1h	1.5155	long leg	$5K	$3K	20x
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5149	−0.036%	$14.2M	$74.6M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5152	−0.023%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5090	−0.429%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5143	−0.081%	$245K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.672%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0072% / S −0.0017%	1h	1.5141	−0.096%	$799K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0080%	1h	1.5152	−0.020%	$7.8M	$25.4M	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5156	+0.007%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5154	−0.007%	$2.8M	$15.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5155	0.000%	$548K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5146	−0.059%	$11K	$362K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5138	−0.109%	$983K	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5155	0.000%	$38.5M	$87.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5156	+0.009%	$603K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5156	+0.008%	$527.4M	$2.21B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5156	+0.007%	$344.3M	$967.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5157	+0.013%	$126.6M	$887.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5137	−0.119%	$563K	$35K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5162	+0.046%	$143K	$715K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5132	−0.153%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5155	0.000%	$372.4M	$161.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5158	+0.020%	$297.0M	$926.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5151	−0.023%	$106.9M	$181.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5154	−0.007%	$266.2M	$398.7M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5156	+0.007%	—	$106.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5143	−0.080%	$4.6M	$38.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5116	−0.254%	$656K	$113.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5088	−0.442%	$1.1M	$37.1M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5129	−0.172%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5146	−0.058%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5151	−0.026%	$51K	$488K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5142	−0.086%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5143	−0.079%	$62K	$932K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5147	−0.056%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5154	−0.004%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5148	−0.046%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5149	−0.038%	$49.5M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5141	−0.092%	$53.9M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5162	+0.045%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5152	−0.018%	$1.9M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5145	−0.068%	$58K	$25K	3x	as long as short
Hyperliquid XRP	+0.0137%	1h	1.5166	+0.073%	$289.7M	$262.7M	20x	as long as short
Hibachi XRP/USDT-Pshort	+0.0176%	1h	1.5130	−0.165%	$17K	$82K	7x
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5151	−0.026%	$5.7M	$48.5M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0204%	1h	1.5155	0.000%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERP	+0.0213%	8h	1.5148	−0.046%	$1.7M	$35.6M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5145	−0.065%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5145	−0.066%	$23.2M	$77.4M	125x	as long as short
RISEx XRP/USDC	+0.0305%	1h	1.5160	+0.034%	$517K	$790K	10x	as long as short
Aftermath Perps XRPUSD	+0.0591%	1h	1.5103	−0.345%	$2K	$16K	10x	as long as short