Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Ondo Perps against dYdX+0.276%7-day average −0.050% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)−0.433%−$43 · spread now +0.276%, 7d avg −0.050%
=Together, before fees−0.345%+ Points / potential airdropOndo Perps: Active · farm board−$34 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 0.326% dearer against dYdX than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XRP-USD | 1.5231 | 0 | get 0.0000% / 1h | 48m 50s | $1.1M | $154K | 10x |
| Short | Ondo Perps XRP-USD.P | 1.5273 | 0.0100 | get 0.0013% / 1h | 48m 50s | $561K | $37K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against dYdX. 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: +0.276% → −0.050%
- $32.6
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $38.6
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: dYdX: live order book, 3 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 dYdX live order book, 3 min ago | 25.52 bp | 31.8 bp −$32 | 35.0 bp −$350 | 56.8 bp −$5,685 | 101.0 bp −$50.5K |
| 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 exchanges
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 | 1.5360 | +0.848% | $5K | $2K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0077% | 1h | 1.5230 | −0.004% | $13.6M | $68.5M | 50x | as long as short |
| dYdX XRP-USDlong | 0.0000% | 1h | 1.5231 | long leg | $1.1M | $154K | 10x | |
| Phoenix XRP | 0.0000% | 1h | 1.5270 | +0.257% | $68K | $102K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5230 | −0.006% | $7.6M | $19.9M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5217 | −0.090% | $241K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.161% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5260 | +0.191% | $9K | $987 | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0080% | 1h | 1.5292 | +0.404% | $17K | $68K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5240 | +0.063% | $2.7M | $13.5M | 20x | as long as short |
Show all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5243 | +0.080% | $590K | $3.1M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0096% | 1h | 1.5231 | +0.001% | $5.4M | $41.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5246 | +0.097% | $475K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5249 | +0.119% | $10K | $411K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5225 | −0.035% | $846K | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5259 | +0.185% | $296.4M | $260.8M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5267 | +0.239% | $38.8M | $79.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5241 | +0.068% | $588K | $978K | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5266 | +0.232% | $531.3M | $2.02B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5275 | +0.290% | $358.6M | $853.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5271 | +0.263% | $123.9M | $816.7M | 100x | as long as short |
| Ondo Perps XRP-USD.Pshort | +0.0100% | 1h | 1.5273 | +0.276% | $561K | $37K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5262 | +0.204% | $160K | $693K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5312 | +0.529% | $1.6M | $66K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5267 | +0.237% | $375.4M | $156.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5264 | +0.217% | $314.2M | $877.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5257 | +0.169% | $103.7M | $179.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5265 | +0.224% | $269.4M | $346.7M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5259 | +0.185% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5256 | +0.168% | $4.9M | $37.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5262 | +0.204% | $663K | $105.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5263 | +0.211% | $1.1M | $32.6M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5270 | +0.257% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5257 | +0.172% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5248 | +0.112% | $50K | $471K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5233 | +0.014% | $41K | $64K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5226 | −0.032% | $83K | $601K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5228 | −0.022% | $819K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5221 | −0.062% | $127K | $1.4M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5255 | +0.158% | $30K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5221 | −0.066% | $49.6M | $13.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5242 | +0.073% | $54.5M | $33.3M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5258 | +0.180% | $2.2M | $5.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5221 | −0.062% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0109% | 8h | 1.5250 | +0.125% | $1.9M | $35.6M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0132% | 1h | 1.5255 | +0.158% | $2.0M | $1.2M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5236 | +0.034% | $23.8M | $77.0M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0224% | 1h | 1.5244 | +0.084% | $1.3M | $1K | 15x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0258% / S −0.0514% | 1h | 1.5228 | −0.021% | $878K | — | 200x | as long as short |
| RISEx XRP/USDC | +0.0300% | 1h | 1.5263 | +0.211% | $505K | $723K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0384% | 1h | 1.5285 | +0.353% | $3K | $13K | 10x | as long as short |
Kraken Futures PF_XRPUSD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
Coinbase International XRP-PERP-INTX
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
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
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
GMX XRP/USD [ETH-USDC]
RISEx XRP/USDC
Aftermath Perps XRPUSD