Funding you earn now, next payment 06:00 UTC−0.0129%/8h= −14.1% APRnext payment −$0.16 per $10,000 · paid last 24h −0.075%
Price spread now: Hibachi against RISEx−0.093%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Hibachi is 0.093% cheaper against RISEx than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XRP/USDC | 1.5175 | 0.0305 | pay 0.0038% / 1h | 8m 28s | $518K | $790K | 10x |
| Short | Hibachi XRP/USDT-P | 1.5161 | 0.0176 | get 0.0022% / 1h | 8m 28s | $17K | $82K | 7x |
RISEx XRP/USDC
Hibachi XRP/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against RISEx. 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
- −$27.12
- Price spread: −0.093% → 0.000%
- −$9.27
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$51.4
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 40 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 RISEx live order book, 40 min ago | 1.82 bp | 4.8 bp −$5 | 8.9 bp −$89 | 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 | 1.5161 | −0.092% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5153 | −0.148% | $14.2M | $74.6M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5172 | −0.023% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5090 | −0.560% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5174 | −0.007% | $246K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.537% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0073% / S −0.0018% | 1h | 1.5157 | −0.118% | $799K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5172 | −0.020% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5172 | −0.019% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5159 | −0.105% | $548K | $3.3M | 20x | as long as short |
Hotstuff XRP-PERP
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
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5166 | −0.059% | $11K | $362K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5172 | −0.019% | $1.0M | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5172 | −0.017% | $38.5M | $87.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5171 | −0.023% | $603K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5173 | −0.014% | $528.0M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5174 | −0.007% | $345.1M | $966.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5173 | −0.013% | $126.5M | $890.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5137 | −0.250% | $563K | $35K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5178 | +0.020% | $143K | $715K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5132 | −0.284% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5170 | −0.033% | $374.4M | $161.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5174 | −0.007% | $297.9M | $928.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5176 | +0.007% | $107.2M | $181.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5174 | −0.007% | $266.8M | $399.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5168 | −0.046% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5143 | −0.212% | $4.6M | $38.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5138 | −0.242% | $657K | $113.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5148 | −0.178% | $1.1M | $37.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5147 | −0.185% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5172 | −0.020% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5179 | +0.026% | $52K | $488K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5173 | −0.015% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5152 | −0.152% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5155 | −0.129% | $815K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5162 | −0.084% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5151 | −0.158% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5149 | −0.169% | $49.6M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5145 | −0.198% | $54.0M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5177 | +0.010% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5165 | −0.065% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5154 | −0.141% | $58K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0143% | 1h | 1.5187 | +0.079% | $290.7M | $263.4M | 20x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0146% | 1h | 1.5159 | −0.105% | $7.8M | $25.4M | 50x | as long as short |
| Hibachi XRP/USDT-Pshort | +0.0176% | 1h | 1.5161 | −0.093% | $17K | $82K | 7x | |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5158 | −0.112% | $5.7M | $48.6M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0207% | 1h | 1.5156 | −0.125% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0217% | 8h | 1.5161 | −0.092% | $1.7M | $35.6M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5173 | −0.012% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5150 | −0.165% | $23.2M | $77.4M | 125x | as long as short |
| RISEx XRP/USDClong | +0.0305% | 1h | 1.5175 | long leg | $518K | $790K | 10x | |
| Aftermath Perps XRPUSD | +0.0582% | 1h | 1.5130 | −0.294% | $2K | $16K | 10x | as long as short |
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
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Hyperliquid XRP
Deribit XRP_USDC-PERPETUAL
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
Aftermath Perps XRPUSD