Funding you earn now, next payment 02:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.034%
Price spread now: Hibachi against Paradex+0.067%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 airdropParadex: Active · Hibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Hibachi is 0.067% dearer against Paradex than usual: you sell high and buy low: +$7 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 | Paradex XRP-USD-PERP | 1.5211 | 0.0100 | pay 0.0100% / 8h | 6h 57m | $474K | $55K | 50x |
| Short | Hibachi XRP/USDT-P | 1.5221 | 0.0312 | get 0.0039% / 1h | 57m 29s | $17K | $82K | 7x |
Paradex XRP-USD-PERP
Hibachi XRP/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Paradex. 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
- $44.52
- Price spread: +0.067% → 0.000%
- $6.67
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $38.19
- Costs to cover
- 0.130%
- Break-even
- 1.0 days
Slippage unknown: Paradex: live order book, 12 min ago; 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 Paradex live order book, 12 min ago | 5.86 bp | 7.9 bp −$8 | 147.5 bp −$1,475 | doesn't fit | doesn't fit |
| Sell Hibachi no order-book sample | — | — | — | — | — |
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 | 1.5203 | −0.052% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5196 | −0.095% | $1.1M | $117K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5188 | −0.150% | $254K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0020% / S +0.0069% | 1h | 1.5194 | −0.114% | $834K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.295% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0040% | 1h | 1.5194 | −0.113% | $14.2M | $70.5M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0066% | 8h | 1.5198 | −0.085% | $57K | $935K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5203 | −0.053% | $2.8M | $14.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5206 | −0.033% | $508K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5189 | −0.144% | $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 | 1.5187 | −0.154% | $911K | $5.7M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5200 | −0.071% | $38.4M | $83.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5203 | −0.055% | $617K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5200 | −0.070% | $536.0M | $2.07B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5194 | −0.111% | $339.2M | $925.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5182 | −0.190% | $122.6M | $864.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5176 | −0.230% | $567K | $27K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5204 | −0.046% | $115K | $712K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5203 | −0.052% | $1.6M | $305K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5204 | −0.046% | $367.7M | $147.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5209 | −0.013% | $297.2M | $887.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5195 | −0.102% | $109.1M | $168.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5182 | −0.190% | $266.0M | $378.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5207 | −0.026% | — | $126.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5216 | +0.032% | $6.4M | $35.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5219 | +0.055% | $661K | $106.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5208 | −0.019% | $1.1M | $37.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5235 | +0.158% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5191 | −0.133% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5196 | −0.098% | $44K | $449K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5203 | −0.050% | $41K | $69K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5195 | −0.102% | $818K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5205 | −0.042% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5196 | −0.098% | $29K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5202 | −0.058% | $49.8M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5196 | −0.098% | $53.9M | $29.4M | 50x | as long as short |
| Paradex XRP-USD-PERPlong | +0.0100% | 8h | 1.5211 | long leg | $474K | $55K | 50x | |
| Extended XRP-USD | +0.0104% | 1h | 1.5200 | −0.074% | $2.1M | $7.2M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5191 | −0.131% | $8K | $8K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5198 | −0.087% | $58K | $25K | 3x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0145% | 1h | 1.5198 | −0.085% | $9.2M | $24.6M | 50x | as long as short |
| Hyperliquid XRP | +0.0179% | 1h | 1.5193 | −0.118% | $282.8M | $220.5M | 20x | as long as short |
| Reya XRPRUSDPERP | +0.0214% | 1h | 1.5181 | −0.199% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5197 | −0.092% | $5.7M | $46.3M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5226 | +0.099% | $24.1M | $74.0M | 125x | as long as short |
| Hibachi XRP/USDT-Pshort | +0.0312% | 1h | 1.5221 | +0.067% | $17K | $82K | 7x | |
| Kalshi KXXRPPERP | +0.0324% | 8h | 1.5201 | −0.065% | $2.0M | $34.9M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0456% | 1h | 1.5200 | −0.071% | $537K | $777K | 10x | as long as short |
| Phoenix XRP | +0.0520% | 1h | 1.5240 | +0.191% | $68K | $110K | 15x | as long as short |
| Backpack XRP_USDC_PERP | +0.0522% | 1h | 1.5212 | +0.007% | $1.9M | $1.3M | 25x | as long as short |
| Aftermath Perps XRPUSD | +0.0827% | 1h | 1.5257 | +0.305% | $2K | $13K | 10x | as long as short |
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-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
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
Deribit XRP_USDC-PERPETUAL
Hyperliquid XRP
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Phoenix XRP
Backpack XRP_USDC_PERP
Aftermath Perps XRPUSD