XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.026%

Price spread now: Coinbase International against Ondo Perps+0.235%7-day average +0.075% · you sell dearer than you buy

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

Long on Ondo Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.104%+$10 on $10k

Price spread, last 3 days (all we have)−0.309%−$31 · spread now +0.235%, 7d avg +0.075%

Together, before fees−0.205%+ Points / potential airdropOndo Perps: Active · farm board−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.160% dearer against Ondo Perps than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.075%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XRP-USD.P	1.5322	0.0100	pay 0.0013% / 1h	7m 51s	$572K	$42K	5x
Short	Coinbase International XRP-PERP-INTX	1.5358	0.0224	get 0.0028% / 1h	7m 51s	$5.7M	$46.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Ondo Perps. 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 Ondo PerpsbpFee Coinbase InternationalbpOrdersPrice spread, now +0.235%Rate

Funding earned: $26.04
Price spread: +0.235% → +0.075%: $15.96
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $27
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 6 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 6 min ago	0.65 bp	7.5 bp −$8	10.9 bp −$109	23.6 bp −$2,356	doesn't fit

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	1.5366	+0.287%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5342	+0.128%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5348	+0.168%	$257K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0018% / S +0.0073%	1h	1.5347	+0.161%	$841K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.553%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0064%	8h	1.5351	+0.189%	$58K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5339	+0.111%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5355	+0.216%	$2.8M	$14.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5357	+0.228%	$515K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5338	+0.104%	$9K	$281K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XRP-USD-PERP	+0.0100%	8h	1.5333	+0.069%	$478K	$55K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5332	+0.062%	$1.0M	$5.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5351	+0.187%	$38.8M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5342	+0.128%	$631K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5357	+0.231%	$542.6M	$2.05B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5358	+0.235%	$342.1M	$919.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5360	+0.248%	$124.6M	$868.7M	100x	as long as short
Ondo Perps XRP-USD.Plong	+0.0100%	1h	1.5322	long leg	$572K	$42K	5x
Arcus XRP-USD	+0.0100%	1h	1.5338	+0.104%	$117K	$714K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5274	−0.310%	$1.6M	$378K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5355	+0.215%	$375.0M	$151.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5351	+0.189%	$304.8M	$915.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5356	+0.223%	$111.1M	$166.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5357	+0.228%	$269.5M	$375.1M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5343	+0.137%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5354	+0.209%	$6.5M	$35.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5360	+0.247%	$667K	$106.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5362	+0.261%	$1.1M	$37.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5376	+0.352%	$1.2M	$997K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5348	+0.167%	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5347	+0.163%	$47K	$447K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5349	+0.177%	$41K	$67K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5353	+0.201%	$826K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5356	+0.225%	$129K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5352	+0.196%	$30K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5357	+0.231%	$50.4M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5356	+0.222%	$54.6M	$29.6M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5348	+0.172%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5349	+0.177%	$59K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0141%	1h	1.5353	+0.202%	$9.3M	$24.9M	50x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5344	+0.146%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5359	+0.241%	$24.1M	$74.0M	125x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0224%	1h	1.5358	+0.235%	$5.7M	$46.7M	50x
Kraken Futures PF_XRPUSD	+0.0243%	1h	1.5355	+0.213%	$14.5M	$70.3M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0311%	1h	1.5356	+0.222%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0312%	1h	1.5374	+0.340%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0321%	8h	1.5352	+0.196%	$2.0M	$34.7M	2.9x	as long as short
Hyperliquid XRP	+0.0377%	1h	1.5371	+0.320%	$290.6M	$214.4M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5360	+0.248%	$68K	$110K	15x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5341	+0.124%	$543K	$773K	10x	as long as short
Aftermath Perps XRPUSD	+0.0838%	1h	1.5354	+0.209%	$2K	$13K	10x	as long as short