Funding you earn now, next payment 22:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.052%
Price spread now: Ondo Perps against Hotstuff+0.210%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHotstuff: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Ondo Perps is 0.210% dearer against Hotstuff than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff XRP-PERP | 1.5265 | −0.0080 | get 0.0010% / 1h | 25m 09s | $7K | $2K | 20x |
| Short | Ondo Perps XRP-USD.P | 1.5297 | 0.0100 | get 0.0013% / 1h | 25m 09s | $569K | $41K | 5x |
Hotstuff XRP-PERP
Ondo Perps XRP-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Hotstuff. 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
- $37.8
- Price spread: +0.210% → 0.000%
- $20.96
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $48.76
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Hotstuff: 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Hotstuff 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX XRP/USD [ETH-USDC] | L −0.0210% / S +0.0297% | 1h | 1.5329 | +0.416% | $1.7M | — | 200x | as long as short |
| Hotstuff XRP-PERPlong | −0.0080% | 1h | 1.5265 | long leg | $7K | $2K | 20x | |
| dYdX XRP-USD | 0.0000% | 1h | 1.5323 | +0.378% | $1.1M | $99K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5320 | +0.360% | $68K | $89K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5324 | +0.387% | $9.2M | $24.1M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5329 | +0.417% | $257K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0040% | 1h | 1.5290 | +0.164% | $2K | $86K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0046% | 8h | 1.5321 | +0.367% | $178K | $788K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5323 | +0.381% | $3.0M | $11.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5324 | +0.387% | $445K | $3.1M | 20x | as long as short |
GMX XRP/USD [ETH-USDC]
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5340 | +0.495% | $1.1M | $5.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5324 | +0.388% | $38.9M | $71.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5327 | +0.408% | $667K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5343 | +0.509% | $548.6M | $1.84B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5346 | +0.531% | $343.5M | $836.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5345 | +0.524% | $123.6M | $833.4M | 100x | as long as short |
| Ondo Perps XRP-USD.Pshort | +0.0100% | 1h | 1.5297 | +0.210% | $569K | $41K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5341 | +0.498% | $115K | $647K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5201 | −0.418% | $1.6M | $350K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5333 | +0.445% | $367.7M | $131.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5330 | +0.426% | $288.7M | $806.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5319 | +0.356% | $113.5M | $147.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5335 | +0.459% | $266.6M | $339.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5333 | +0.445% | — | $113.5M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5321 | +0.367% | $6.3M | $24.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5269 | +0.028% | $665K | $95.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5309 | +0.285% | $1.1M | $41.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5280 | +0.098% | $1.0M | $850K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5346 | +0.531% | $49K | $475K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5330 | +0.427% | $42K | $59K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5321 | +0.368% | $825K | $70K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5326 | +0.402% | $128K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5320 | +0.360% | $29K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5326 | +0.396% | $50.4M | $14.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5323 | +0.380% | $54.8M | $28.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5334 | +0.455% | $478K | $54K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5333 | +0.442% | — | $10K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5345 | +0.524% | $11K | $235K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5321 | +0.368% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5320 | +0.362% | $71K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0136% | 1h | 1.5345 | +0.524% | $8K | $8K | 10x | as long as short |
| Backpack XRP_USDC_PERP | +0.0155% | 1h | 1.5345 | +0.524% | $1.7M | $925K | 25x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0170% | 1h | 1.5324 | +0.389% | $15.4M | $63.8M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5331 | +0.432% | $5.4M | $43.7M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0211% | 1h | 1.5343 | +0.513% | $1.4M | $10K | 15x | as long as short |
| Kalshi KXXRPPERP | +0.0212% | 8h | 1.5330 | +0.426% | $1.7M | $31.6M | 2.9x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5332 | +0.439% | $23.8M | $67.3M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0248% | 1h | 1.5321 | +0.369% | $19K | $55K | 7x | as long as short |
| RISEx XRP/USDC | +0.0431% | 1h | 1.5346 | +0.529% | $404K | $497K | 10x | as long as short |
| Hyperliquid XRP | +0.0470% | 1h | 1.5349 | +0.550% | $282.6M | $182.0M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0530% | 1h | 1.5269 | +0.023% | $1K | $11K | 10x | as long as short |
Nado XRP-PERP
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
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Vest XRP-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Backpack XRP_USDC_PERP
Kraken Futures PF_XRPUSD
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
Kalshi KXXRPPERP
BloFin XRP-USDT
Hibachi XRP/USDT-P
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD