XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.018%

Price spread now: Ondo Perps against Injective−3.162%7-day average +0.051% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.199%−$20 on $10k

Price spread, last 4 days (all we have)+3.926%+$393 · spread now −3.162%, 7d avg +0.051%

Together, before fees+3.727%+ Points / potential airdropOndo Perps: Active · farm board+$373 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 3.213% cheaper against Injective than usual: you would sell low and buy high (spread −3.162% now, against its 7-day average of +0.051%). If the spread goes back, that is −$321 on $10k: about 5 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.199%, 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	Injective XRP/USDC PERP	1.5560	0.0033	pay 0.0004% / 1h	15m 13s	$2K	$107K	30x
Short	Ondo Perps XRP-USD.P	1.5068	0.0100	get 0.0013% / 1h	15m 13s	$561K	$31K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Ondo PerpsbpOrdersPrice spread, now −3.162%Rate

Funding earned: $14
Price spread: −3.162% → +0.051%: −$321.34
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$312.36
Costs to cover: 0.050%
Break-even: 163.2 days

Slippage unknown: Injective: live order book, 33 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 Injective live order book, 33 min ago	39.63 bp	39.6 bp −$40	48.4 bp −$484	doesn't fit	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	1.5088	−3.033%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5083	−3.066%	$14.2M	$74.9M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5080	−3.087%	$1.1M	$133K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5090	−3.021%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5078	−3.096%	$244K	—	150x	as long as short
Injective XRP/USDC PERPlong	+0.0033%	1h	1.5560	long leg	$2K	$107K	30x
GMX XRP/USD [ETH-USDC]	L +0.0071% / S −0.0015%	1h	1.5078	−3.101%	$795K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0081%	1h	1.5088	−3.033%	$7.7M	$25.5M	50x	as long as short
01 Exchange XRPUSD	+0.0088%	1h	1.5088	−3.033%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5085	−3.050%	$2.8M	$15.0M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5086	−3.046%	$545K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5081	−3.078%	$10K	$361K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5084	−3.062%	$975K	$6.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5083	−3.063%	$38.3M	$87.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5089	−3.026%	$600K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5084	−3.058%	$524.6M	$2.21B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5088	−3.033%	$344.2M	$964.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5089	−3.027%	$126.0M	$883.6M	100x	as long as short
Ondo Perps XRP-USD.Pshort	+0.0100%	1h	1.5068	−3.162%	$561K	$31K	5x
Arcus XRP-USD	+0.0100%	1h	1.5092	−3.008%	$144K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5026	−3.429%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5079	−3.091%	$370.5M	$160.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5080	−3.085%	$288.1M	$923.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5082	−3.069%	$106.4M	$181.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5081	−3.078%	$265.2M	$398.1M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5082	−3.072%	—	$106.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5072	−3.136%	$4.7M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5079	−3.093%	$655K	$113.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5083	−3.065%	$1.1M	$37.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5086	−3.046%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5084	−3.057%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5087	−3.040%	$51K	$489K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5080	−3.083%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5080	−3.085%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5081	−3.081%	$811K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5091	−3.012%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5084	−3.059%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5088	−3.034%	$49.3M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5085	−3.053%	$53.8M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5094	−2.994%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5080	−3.088%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5081	−3.080%	$58K	$25K	3x	as long as short
Hyperliquid XRP	+0.0113%	1h	1.5093	−3.001%	$288.0M	$262.1M	20x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5087	−3.040%	$5.7M	$48.5M	50x	as long as short
Hibachi XRP/USDT-P	+0.0192%	1h	1.5077	−3.107%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0192%	1h	1.5087	−3.040%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERP	+0.0198%	8h	1.5086	−3.046%	$1.7M	$35.7M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0218%	1h	1.5077	−3.102%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5086	−3.046%	$23.2M	$77.1M	125x	as long as short
RISEx XRP/USDC	+0.0305%	1h	1.5092	−3.005%	$520K	$786K	10x	as long as short
Aftermath Perps XRPUSD	+0.0600%	1h	1.5068	−3.164%	$2K	$16K	10x	as long as short