Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Lighter RH−0.270%7-day average −0.061% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.270%, 7d avg −0.061%
=Together, before fees+0.041%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board+$4 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 0.209% cheaper against Lighter RH than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XRP | 1.5166 | 0.0096 | pay 0.0012% / 1h | 26m 13s | $616K | $3.1M | 20x |
| Short | Ondo Perps XRP-USD.P | 1.5125 | 0.0100 | get 0.0013% / 1h | 26m 13s | $557K | $40K | 5x |
Lighter RH XRP
Ondo Perps XRP-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Lighter RH. 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
- $0.84
- Price spread: −0.270% → −0.061%
- −$20.91
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$25.07
- Costs to cover
- 0.050%
- Break-even
- 215.9 days
Slippage unknown: Lighter RH: live order book, 2 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 Lighter RH live order book, 2 min ago | 1.98 bp | 2.0 bp −$2 | 5.9 bp −$59 | 45.9 bp −$4,587 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XRPUSD | −0.0172% | 1h | 1.5163 | −0.019% | $14.7M | $74.1M | 50x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5174 | +0.053% | $5K | $3K | 20x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.026% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5154 | −0.077% | $246K | — | 150x | as long as short |
| dYdX XRP-USD | +0.0009% | 1h | 1.5160 | −0.039% | $1.1M | $158K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5167 | +0.007% | $7.7M | $23.2M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.598% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0072% | 1h | 1.5176 | +0.069% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5162 | −0.028% | $2.8M | $14.6M | 20x | as long as short |
| Lighter RH XRPlong | +0.0096% | 1h | 1.5166 | long leg | $616K | $3.1M | 20x |
Kraken Futures PF_XRPUSD
Hotstuff XRP-PERP
Phoenix XRP
gTrade (Gains Network) XRP/USD
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange XRPUSD | +0.0096% | 1h | 1.5163 | −0.020% | $8K | $2K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5153 | −0.086% | $20K | $381K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5157 | −0.058% | $990K | $6.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5159 | −0.048% | $38.5M | $84.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5168 | +0.013% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5160 | −0.040% | $528.1M | $2.17B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5158 | −0.053% | $352.8M | $934.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5160 | −0.040% | $126.0M | $846.1M | 100x | as long as short |
| Ondo Perps XRP-USD.Pshort | +0.0100% | 1h | 1.5125 | −0.270% | $557K | $40K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5167 | +0.007% | $143K | $703K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5141 | −0.162% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5160 | −0.040% | $377.1M | $154.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5159 | −0.046% | $313.5M | $919.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5162 | −0.024% | $106.7M | $183.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5157 | −0.059% | $268.0M | $377.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5158 | −0.053% | — | $108.3M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5142 | −0.158% | $4.8M | $38.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5143 | −0.152% | $658K | $112.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5143 | −0.152% | $1.1M | $33.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5148 | −0.119% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5173 | +0.043% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5166 | 0.000% | $52K | $509K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5160 | −0.042% | $41K | $68K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5160 | −0.040% | $77K | $647K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5150 | −0.108% | $815K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5167 | +0.006% | $127K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5174 | +0.053% | $29K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5162 | −0.026% | $49.5M | $14.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5162 | −0.026% | $54.0M | $32.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5166 | −0.003% | $473K | $54K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5155 | −0.072% | $2.1M | $6.6M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5159 | −0.044% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0120% / S −0.0086% | 1h | 1.5174 | +0.055% | $786K | — | 200x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5164 | −0.013% | $5.3M | $47.4M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0168% | 8h | 1.5166 | 0.000% | $1.7M | $33.3M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0174% | 1h | 1.5171 | +0.033% | $290.0M | $268.0M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0196% | 1h | 1.5182 | +0.105% | $2.0M | $1.3M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5177 | +0.073% | $23.8M | $77.7M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5166 | +0.001% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0337% | 1h | 1.5164 | −0.014% | $519K | $787K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0560% | 1h | 1.5169 | +0.023% | $2K | $16K | 10x | as long as short |
01 Exchange XRPUSD
Katana Perps XRP-USD
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
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
Extended XRP-USD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD