Funding you earn now, next payment 02:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.034%
Price spread now: Hibachi against Ondo Perps+0.039%7-day average — · you sell dearer than you buy
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
=Together, before fees—+ Points / potential airdropOndo Perps: Active · Hibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hibachi is 0.039% dearer against Ondo Perps than usual: you sell high and buy low: +$4 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 | Ondo Perps XRP-USD.P | 1.5176 | 0.0100 | pay 0.0013% / 1h | 56m 22s | $565K | $27K | 5x |
| Short | Hibachi XRP/USDT-P | 1.5182 | 0.0320 | get 0.0040% / 1h | 56m 22s | $17K | $82K | 7x |
Ondo Perps XRP-USD.P
Hibachi XRP/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Ondo Perps. 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
- $46.2
- Price spread: +0.039% → 0.000%
- $3.93
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $36.13
- Costs to cover
- 0.140%
- Break-even
- 1.5 days
Slippage unknown: Ondo Perps: 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Hibachi no order-book sample | — | — | — | — | — |
Ondo Perps 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-PERP | −0.0080% | 1h | 1.5182 | +0.040% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5130 | −0.300% | $1.1M | $117K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5089 | −0.572% | $267K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0020% / S +0.0069% | 1h | 1.5090 | −0.570% | $827K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.530% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0040% | 1h | 1.5085 | −0.599% | $14.7M | $72.1M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0066% | 8h | 1.5095 | −0.534% | $57K | $935K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5094 | −0.541% | $2.8M | $14.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5097 | −0.521% | $507K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5098 | −0.514% | $11K | $288K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5105 | −0.465% | $906K | $5.7M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5100 | −0.500% | $38.2M | $84.0M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5130 | −0.305% | $614K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5095 | −0.534% | $531.7M | $2.08B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5096 | −0.527% | $337.7M | $929.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5093 | −0.547% | $121.6M | $863.0M | 100x | as long as short |
| Ondo Perps XRP-USD.Plong | +0.0100% | 1h | 1.5176 | long leg | $565K | $27K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5099 | −0.507% | $114K | $715K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5203 | +0.178% | $1.6M | $305K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5092 | −0.554% | $364.5M | $148.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5099 | −0.507% | $288.1M | $889.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5118 | −0.384% | $109.9M | $169.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5092 | −0.554% | $263.1M | $381.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5089 | −0.573% | — | $126.5M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5096 | −0.526% | $6.2M | $35.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5219 | +0.285% | $661K | $106.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5208 | +0.211% | $1.1M | $37.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5235 | +0.389% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5130 | −0.303% | — | $12K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5108 | −0.448% | $44K | $450K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5098 | −0.516% | $41K | $69K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5096 | −0.530% | $813K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5102 | −0.491% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5092 | −0.554% | $29K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5101 | −0.493% | $49.5M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5095 | −0.534% | $53.6M | $29.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5129 | −0.311% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5090 | −0.567% | $2.0M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5096 | −0.526% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0112% | 1h | 1.5105 | −0.468% | $8K | $8K | 10x | as long as short |
| Hyperliquid XRP | +0.0130% | 1h | 1.5114 | −0.409% | $280.4M | $221.7M | 20x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0148% | 1h | 1.5099 | −0.507% | $9.0M | $25.0M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0214% | 1h | 1.5103 | −0.479% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5098 | −0.514% | $5.7M | $46.1M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5162 | −0.092% | $24.0M | $73.9M | 125x | as long as short |
| Hibachi XRP/USDT-Pshort | +0.0320% | 1h | 1.5182 | +0.039% | $17K | $82K | 7x | |
| Kalshi KXXRPPERP | +0.0323% | 8h | 1.5103 | −0.481% | $1.9M | $35.2M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0456% | 1h | 1.5101 | −0.495% | $535K | $778K | 10x | as long as short |
| Backpack XRP_USDC_PERP | +0.0485% | 1h | 1.5170 | −0.040% | $1.9M | $1.3M | 25x | as long as short |
| Phoenix XRP | +0.0520% | 1h | 1.5240 | +0.422% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0860% | 1h | 1.5226 | +0.331% | $2K | $13K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
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
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Hyperliquid XRP
Deribit XRP_USDC-PERPETUAL
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Backpack XRP_USDC_PERP
Phoenix XRP
Aftermath Perps XRPUSD