Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Ondo Perps against Derive−0.165%7-day average −0.047% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 4 days (all we have)+0.745%+$74 · spread now −0.165%, 7d avg −0.047%
=Together, before fees+0.610%+ Points / potential airdropOndo Perps: Active · farm board+$61 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.117% cheaper against Derive than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive XRP-PERP | 1.5133 | 0.0100 | pay 0.0013% / 1h | 45m 50s | $814K | $72K | 10x |
| Short | Ondo Perps XRP-USD.P | 1.5108 | 0.0100 | get 0.0013% / 1h | 45m 50s | $562K | $28K | 5x |
Derive XRP-PERP
Ondo Perps XRP-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Derive. 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
- $0
- Price spread: −0.165% → −0.047%
- −$11.75
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$22.75
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Derive and 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 | 1.5119 | −0.092% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5133 | +0.003% | $14.2M | $73.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5125 | −0.051% | $1.1M | $114K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5120 | −0.085% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5122 | −0.071% | $253K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5138 | +0.034% | $7.7M | $25.6M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.822% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0038% / S +0.0032% | 1h | 1.5121 | −0.080% | $787K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0048% | 1h | 1.5128 | −0.032% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0079% | 8h | 1.5132 | −0.006% | $62K | $935K | 50x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Orderly PERP_XRP_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRP | +0.0096% | 1h | 1.5133 | +0.003% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5128 | −0.032% | $509K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0097% | 8h | 1.5118 | −0.098% | $10K | $318K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5130 | −0.022% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5136 | +0.020% | $281.1M | $225.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5132 | −0.006% | $38.3M | $83.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5133 | −0.001% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5132 | −0.006% | $532.9M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5129 | −0.026% | $344.3M | $931.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5127 | −0.039% | $125.7M | $872.9M | 100x | as long as short |
| Ondo Perps XRP-USD.Pshort | +0.0100% | 1h | 1.5108 | −0.165% | $562K | $28K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5114 | −0.125% | $113K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5164 | +0.207% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5135 | +0.014% | $369.3M | $152.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5137 | +0.027% | $297.2M | $895.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5132 | −0.008% | $107.8M | $173.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5124 | −0.059% | $267.4M | $383.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5138 | +0.034% | — | $126.6M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5129 | −0.028% | $5.4M | $37.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5107 | −0.171% | $656K | $108.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5112 | −0.139% | $1.1M | $35.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5111 | −0.145% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5126 | −0.046% | $43K | $452K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5126 | −0.049% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERPlong | +0.0100% | 1h | 1.5133 | long leg | $814K | $72K | 10x | |
| SunX XRP-USDT | +0.0100% | 8h | 1.5130 | −0.017% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5136 | +0.020% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5132 | −0.003% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5133 | +0.001% | $54.0M | $30.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5131 | −0.010% | $472K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5124 | −0.061% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5132 | −0.003% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5132 | −0.006% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0152% | 1h | 1.5109 | −0.158% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0156% | 1h | 1.5143 | +0.067% | $1.9M | $1.3M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5138 | +0.034% | $5.6M | $47.0M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5119 | −0.091% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5111 | −0.145% | $24.2M | $75.8M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0320% | 8h | 1.5128 | −0.032% | $2.1M | $34.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5131 | −0.014% | $515K | $780K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0675% | 1h | 1.5131 | −0.015% | $2K | $15K | 10x | as long as short |
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
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-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD