Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.138%
Price spread now: Hyperliquid against Hotstuff+0.258%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.258% dearer against Hotstuff than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff XRP-PERP | 1.5138 | −0.0080 | get 0.0010% / 1h | 44m 01s | $5K | $3K | 20x |
| Short | Hyperliquid XRP | 1.5177 | 0.0100 | get 0.0013% / 1h | 44m 01s | $282.0M | $225.1M | 20x |
Hotstuff XRP-PERP
Hyperliquid XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Hotstuff. 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
- $37.8
- Price spread: +0.258% → 0.000%
- $25.76
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $49.56
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Hotstuff: no order-book sample; Hyperliquid: live order book, 10 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 10 min ago | 0.99 bp | 5.5 bp −$5 | 6.0 bp −$60 | 11.2 bp −$1,115 | doesn't fit |
Hotstuff: 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 | 1.5138 | long leg | $5K | $3K | 20x | |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5163 | +0.163% | $14.3M | $73.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5145 | +0.046% | $1.1M | $114K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5140 | +0.013% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5162 | +0.159% | $253K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.788% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0039% / S +0.0031% | 1h | 1.5163 | +0.167% | $788K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0056% | 1h | 1.5162 | +0.159% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0079% | 8h | 1.5164 | +0.172% | $62K | $935K | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5165 | +0.178% | $7.7M | $25.6M | 50x | as long as short |
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Orderly PERP_XRP_USDC
Deribit XRP_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5164 | +0.173% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5169 | +0.205% | $511K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0097% | 8h | 1.5152 | +0.092% | $10K | $318K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5153 | +0.102% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRPshort | +0.0100% | 1h | 1.5177 | +0.258% | $282.0M | $225.1M | 20x | |
| Aster XRPUSDT | +0.0100% | 8h | 1.5165 | +0.176% | $38.4M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5152 | +0.094% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5162 | +0.156% | $533.9M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5161 | +0.152% | $345.1M | $931.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5162 | +0.159% | $125.9M | $875.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5133 | −0.033% | $562K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5123 | −0.099% | $113K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5146 | +0.051% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5165 | +0.178% | $370.3M | $153.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5170 | +0.211% | $299.1M | $896.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5167 | +0.192% | $108.1M | $173.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5159 | +0.139% | $268.0M | $383.9M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5165 | +0.178% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5129 | −0.061% | $5.4M | $37.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5113 | −0.167% | $656K | $108.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5112 | −0.173% | $1.1M | $35.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5121 | −0.112% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5163 | +0.165% | $43K | $452K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5164 | +0.169% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5163 | +0.166% | $816K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5160 | +0.149% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5163 | +0.165% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5156 | +0.117% | $49.6M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5167 | +0.192% | $54.1M | $30.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5148 | +0.065% | $472K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5153 | +0.098% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5155 | +0.115% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5160 | +0.146% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0152% | 1h | 1.5132 | −0.038% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0169% | 1h | 1.5179 | +0.271% | $1.9M | $1.3M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5171 | +0.218% | $5.6M | $47.2M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5163 | +0.164% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5136 | −0.013% | $24.2M | $76.0M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0319% | 8h | 1.5169 | +0.205% | $2.1M | $34.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5161 | +0.150% | $516K | $780K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0661% | 1h | 1.5138 | +0.001% | $2K | $15K | 10x | as long as short |
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
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
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD