Funding you earn now, next payment 10:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.12 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Ondo Perps+0.148%7-day average +0.051% · 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)+0.071%+$7 · spread now +0.148%, 7d avg +0.051%
=Together, before fees−0.017%+ Points / potential airdropOndo Perps: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.096% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.148% now, against its 7-day average of +0.051%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 7 days (−0.088% in total) that is about 7.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XRP-USD.P | 1.5451 | 0.0100 | pay 0.0013% / 1h | 59m 21s | $569K | $40K | 5x |
| Short | dYdX XRP-USD | 1.5474 | 0.0005 | get 0.0001% / 1h | 59m 21s | $1.1M | $155K | 10x |
Ondo Perps XRP-USD.P
dYdX XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$19.98
- Price spread: +0.148% → +0.051%
- $9.65
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$25.33
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; dYdX: live order book, 5 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 dYdX live order book, 5 min ago | 19.95 bp | 25.0 bp −$25 | 25.0 bp −$250 | 52.2 bp −$5,216 | 98.8 bp −$49.4K |
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 50 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 | 1.5476 | +0.162% | $5K | $3K | 20x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5490 | +0.252% | $70K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5449 | −0.013% | $8.0M | $22.2M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5479 | +0.179% | $251K | — | 150x | as long as short |
| dYdX XRP-USDshort | +0.0005% | 1h | 1.5474 | +0.148% | $1.1M | $155K | 10x | |
| Kraken Futures PF_XRPUSD | +0.0015% | 1h | 1.5451 | 0.000% | $14.1M | $73.6M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +0.705% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0064% | 1h | 1.5479 | +0.179% | $18K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5458 | +0.048% | $2.8M | $14.3M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5463 | +0.078% | $613K | $3.0M | 20x | as long as short |
Hotstuff XRP-PERP
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
Lighter XRP
Lighter RH XRPShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5464 | +0.084% | $20K | $378K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5463 | +0.080% | $482K | $52K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5463 | +0.078% | $1.0M | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5452 | +0.006% | $39.1M | $82.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5462 | +0.073% | $611K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5453 | +0.011% | $539.1M | $2.12B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5442 | −0.058% | $360.6M | $905.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5445 | −0.039% | $125.2M | $848.5M | 100x | as long as short |
| Ondo Perps XRP-USD.Plong | +0.0100% | 1h | 1.5451 | long leg | $569K | $40K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5466 | +0.097% | $168K | $704K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5432 | −0.122% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5454 | +0.019% | $384.9M | $154.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5454 | +0.019% | $310.3M | $892.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5457 | +0.042% | $109.7M | $180.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5443 | −0.052% | $273.7M | $360.2M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5455 | +0.026% | — | $105.9M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5471 | +0.127% | $4.9M | $38.2M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5486 | +0.226% | $675K | $114.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5484 | +0.211% | $1.1M | $32.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5492 | +0.265% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5467 | +0.104% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5472 | +0.136% | $53K | $502K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5455 | +0.024% | $41K | $66K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5445 | −0.039% | $78K | $623K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5460 | +0.061% | $130K | $1.6M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5449 | −0.013% | $30K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5434 | −0.112% | $50.4M | $14.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5452 | +0.006% | $54.9M | $33.2M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5441 | −0.063% | $2.1M | $5.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5444 | −0.045% | $59K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0120% | 1h | 1.5474 | +0.149% | $9K | $2K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0120% | 1h | 1.5450 | −0.006% | $5.3M | $46.1M | 50x | as long as short |
| Hyperliquid XRP | +0.0133% | 1h | 1.5471 | +0.129% | $298.6M | $266.4M | 20x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0143% / S −0.0109% | 1h | 1.5484 | +0.215% | $830K | — | 200x | as long as short |
| Kalshi KXXRPPERP | +0.0170% | 8h | 1.5491 | +0.259% | $1.8M | $33.0M | 2.9x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5481 | +0.194% | $23.8M | $79.4M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0222% | 1h | 1.5454 | +0.018% | $1.4M | $4K | 15x | as long as short |
| Backpack XRP_USDC_PERP | +0.0234% | 1h | 1.5486 | +0.227% | $2.0M | $1.3M | 25x | as long as short |
| RISEx XRP/USDC | +0.0272% | 1h | 1.5459 | +0.055% | $521K | $795K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0480% | 1h | 1.5473 | +0.141% | $3K | $15K | 10x | as long as short |
Katana Perps XRP-USD
Paradex XRP-USD-PERP
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
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Hyperliquid XRP
GMX XRP/USD [ETH-USDC]
Kalshi KXXRPPERP
BloFin XRP-USDT
Reya XRPRUSDPERP
Backpack XRP_USDC_PERP
RISEx XRP/USDC
Aftermath Perps XRPUSD