Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.023%
Price spread now: Ondo Perps against Deribit+0.026%7-day average −0.069% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.172%−$17 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.026%, 7d avg −0.069%
=Together, before fees−0.141%+ Points / potential airdropOndo Perps: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Ondo Perps is 0.095% dearer against Deribit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.069%. Mind the row above: over the last 7 days funding on this pair cost −0.172%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit XRP_USDC-PERPETUAL | 1.5220 | 0 | get 0.0000% / 1h | 39m 46s | $7.8M | $24.1M | 50x |
| Short | Ondo Perps XRP-USD.P | 1.5224 | 0.0100 | get 0.0013% / 1h | 39m 46s | $567K | $33K | 5x |
Deribit XRP_USDC-PERPETUAL
Ondo Perps XRP-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Deribit. 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
- $21
- Price spread: +0.026% → −0.069%
- $9.49
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $18.49
- Costs to cover
- 0.120%
- Break-even
- 0.8 days
Slippage unknown: Deribit: live order book, 4 min ago; Ondo Perps: 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 Deribit live order book, 4 min ago | 0.33 bp | 5.6 bp −$6 | 7.7 bp −$77 | 46.9 bp −$4,688 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | 1.5226 | +0.039% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5233 | +0.089% | $1.1M | $148K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUALlong | 0.0000% | 1h | 1.5220 | long leg | $7.8M | $24.1M | 50x | |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5219 | −0.008% | $246K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.234% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5212 | −0.055% | $14.6M | $73.8M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5202 | −0.120% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5204 | −0.105% | $601K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5214 | −0.039% | $12K | $372K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5223 | +0.019% | $1.0M | $6.3M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XRPUSDT | +0.0100% | 8h | 1.5212 | −0.053% | $38.6M | $86.9M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5228 | +0.054% | $614K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5204 | −0.108% | $532.6M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5203 | −0.112% | $350.1M | $956.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5205 | −0.099% | $128.2M | $874.6M | 100x | as long as short |
| Ondo Perps XRP-USD.Pshort | +0.0100% | 1h | 1.5224 | +0.026% | $567K | $33K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5227 | +0.046% | $145K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5191 | −0.194% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5206 | −0.092% | $379.1M | $160.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5208 | −0.079% | $314.8M | $920.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5211 | −0.057% | $106.9M | $184.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5197 | −0.151% | $268.6M | $391.9M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5202 | −0.118% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5226 | +0.036% | $5.0M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5232 | +0.078% | $663K | $113.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5252 | +0.208% | $1.1M | $35.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5249 | +0.191% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5227 | +0.048% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5220 | 0.000% | $50K | $510K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5218 | −0.015% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5216 | −0.026% | $78K | $688K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5218 | −0.011% | $819K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5235 | +0.102% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5212 | −0.053% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5238 | +0.118% | $49.7M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5215 | −0.033% | $54.4M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5230 | +0.063% | $475K | $55K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0100% / S −0.0059% | 1h | 1.5218 | −0.016% | $785K | — | 200x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5204 | −0.103% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5214 | −0.039% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0112% | 1h | 1.5220 | 0.000% | $9K | $2K | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0120% | 1h | 1.5250 | +0.195% | $17K | $78K | 7x | as long as short |
| Hyperliquid XRP | +0.0145% | 1h | 1.5219 | −0.007% | $290.3M | $267.5M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0169% | 1h | 1.5221 | +0.007% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5223 | +0.020% | $5.7M | $48.4M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0199% | 8h | 1.5228 | +0.053% | $1.8M | $34.6M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5208 | −0.079% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5238 | +0.118% | $23.7M | $78.0M | 125x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5221 | +0.007% | $524K | $806K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5260 | +0.263% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0631% | 1h | 1.5231 | +0.069% | $2K | $16K | 10x | as long as short |
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-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
GMX XRP/USD [ETH-USDC]
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Hyperliquid XRP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD