XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0097%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.006%

Price spread now: Hibachi against Reya+0.296%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Hibachi

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hibachi is 0.296% dearer against Reya than usual: you sell high and buy low: +$30 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	Reya XRPRUSDPERP	1.5096	0.0215	pay 0.0027% / 1h	49m 41s	$1.3M	$7K	15x
Short	Hibachi XRP/USDT-P	1.5140	0.0312	get 0.0039% / 1h	49m 41s	$17K	$82K	7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Reya. 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 ReyabpFee HibachibpOrdersPrice spread, now +0.296%Rate

Funding earned: $20.45
Price spread: +0.296% → 0.000%: $29.61
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: $35.06
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Reya: 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 Reya no order-book sample	—	—	—	—	—
Sell Hibachi no order-book sample	—	—	—	—	—

Reya 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 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	1.5111	+0.101%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5121	+0.168%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5100	+0.028%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0026% / S +0.0049%	1h	1.5097	+0.007%	$798K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+3.076%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5106	+0.068%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5108	+0.081%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5116	+0.134%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5119	+0.154%	$508K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5099	+0.022%	$10K	$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	1.5111	+0.098%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5132	+0.240%	$280.0M	$220.8M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5124	+0.185%	$38.4M	$83.1M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5116	+0.136%	$607K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5106	+0.065%	$535.7M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5106	+0.068%	$342.0M	$925.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5104	+0.055%	$125.0M	$862.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5113	+0.115%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5110	+0.095%	$114K	$695K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5087	−0.061%	$1.6M	$161K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5104	+0.055%	$368.9M	$150.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5112	+0.108%	$292.7M	$892.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5121	+0.167%	$106.5M	$170.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5104	+0.055%	$266.1M	$379.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5106	+0.068%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5141	+0.297%	$6.0M	$36.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5102	+0.043%	$657K	$108.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5143	+0.310%	$1.1M	$35.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5108	+0.081%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5113	+0.114%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5101	+0.035%	$41K	$447K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5100	+0.029%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5107	+0.072%	$813K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5105	+0.062%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5100	+0.028%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5098	+0.018%	$49.5M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5106	+0.068%	$53.8M	$29.9M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5105	+0.062%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5102	+0.045%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5098	+0.018%	$58K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0147%	1h	1.5104	+0.055%	$7.7M	$25.2M	50x	as long as short
Reya XRPRUSDPERPlong	+0.0215%	1h	1.5096	long leg	$1.3M	$7K	15x
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5105	+0.062%	$5.6M	$46.2M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0232%	1h	1.5114	+0.121%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0274%	1h	1.5096	0.000%	$14.4M	$72.8M	50x	as long as short
Hibachi XRP/USDT-Pshort	+0.0312%	1h	1.5140	+0.296%	$17K	$82K	7x
Kalshi KXXRPPERP	+0.0357%	8h	1.5127	+0.207%	$2.1M	$34.9M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5110	+0.095%	$526K	$769K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5100	+0.028%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0717%	1h	1.5119	+0.151%	$2K	$14K	10x	as long as short