XRP funding rates

XRP perpetual funding is currently quoted across 23 venues, ranging from -14.9% to +14.9% APR. The most reliable delta-neutral pairing for XRP right now is long Hibachi / short Katana at +2.9% net APR (low risk, ~4.8d to break even).

as of 2026-07-29 10:04 UTC
Best delta-neutral pairing
Long Hibachi / Short Katana
+2.9% net APR
Backtested (30d)
+3.9%
Stability
100%
Risk
low
Breakeven
~4.8d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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XRP funding by exchange

ExchangeFunding APR
HotStuff+14.89%
Hyperliquid+10.95%
Hyena+10.95%
Pacifica+10.95%
Variational+10.95%
Grvt+10.95%
Aster+10.95%
Arcus+10.95%
SoDEX+10.95%
EdgeX+10.95%
Katana+10.93%
Paradex+10.58%
Decibel+10.51%
Ethereal+10.00%
Kraken+9.87%
Lighter+8.76%
Nado+6.45%
RiseX+6.36%
01xyz+6.13%
Hibachi+2.19%
dYdX+0.00%
Phoenix+0.00%
Extended-14.89%

Frequently asked

What is the XRP funding rate right now?

XRP perpetual funding ranges from -14.89% to 14.89% APR across 23 exchanges we track; the widest delta-neutral spread is long Hibachi / short Katana at 2.9% net APR.

Which exchange has the highest XRP funding rate?

HotStuff currently has the highest at 14.89% APR. See the full ranking above.