Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Ondo Perps+0.266%7-day average +0.041% · 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)−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)−0.274%−$27 · spread now +0.266%, 7d avg +0.041%
=Together, before fees−0.351%+ Points / potential airdropOndo Perps: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.225% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.266% now, against its 7-day average of +0.041%): +$23 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XRP-USD.P | 1.5139 | 0.0100 | pay 0.0013% / 1h | 19m 16s | $563K | $33K | 5x |
| Short | gTrade (Gains Network) XRP/USD | 1.5179 | L +0.0003% / S −0.0004% | get 0.0000% / 1h | 19m 16s | $246K | — | 150x |
Ondo Perps XRP-USD.P
gTrade (Gains Network) XRP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$20.18
- Price spread: +0.266% → +0.041%
- $22.55
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$12.63
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 20 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 gTrade (Gains Network) virtual book (oracle venue), 20 min ago | 130.05 bp | 135.1 bp −$135 | 193.2 bp −$1,932 | 1958.1 bp −$195.8K | 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 | 1.5152 | +0.086% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5162 | +0.150% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USDshort | L +0.0003% / S −0.0004% | 1h | 1.5179 | +0.266% | $246K | — | 150x | |
| Deribit XRP_USDC-PERPETUAL | +0.0013% | 1h | 1.5186 | +0.310% | $7.8M | $24.1M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.781% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5183 | +0.290% | $14.6M | $73.8M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0088% | 1h | 1.5137 | −0.015% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5183 | +0.290% | $2.8M | $15.2M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5185 | +0.304% | $605K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5173 | +0.225% | $20K | $383K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Hibachi XRP/USDT-P
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5172 | +0.221% | $999K | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5183 | +0.290% | $38.6M | $86.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5169 | +0.195% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5183 | +0.292% | $529.7M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5179 | +0.264% | $349.7M | $954.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5180 | +0.271% | $127.2M | $867.4M | 100x | as long as short |
| Ondo Perps XRP-USD.Plong | +0.0100% | 1h | 1.5139 | long leg | $563K | $33K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5182 | +0.284% | $143K | $715K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5178 | +0.258% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5179 | +0.264% | $376.2M | $162.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5181 | +0.277% | $307.5M | $927.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5178 | +0.261% | $106.7M | $183.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5180 | +0.271% | $268.9M | $389.2M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5169 | +0.198% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5131 | −0.054% | $4.8M | $38.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5115 | −0.157% | $657K | $113.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5140 | +0.006% | $1.1M | $34.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5118 | −0.139% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5175 | +0.241% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5181 | +0.277% | $52K | $515K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5181 | +0.278% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5181 | +0.277% | $77K | $689K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5138 | −0.009% | $814K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5185 | +0.306% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5182 | +0.284% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5169 | +0.201% | $49.5M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5177 | +0.251% | $54.1M | $32.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5172 | +0.220% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5176 | +0.241% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5184 | +0.297% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5182 | +0.281% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0105% / S −0.0067% | 1h | 1.5155 | +0.104% | $773K | — | 200x | as long as short |
| Hyperliquid XRP | +0.0141% | 1h | 1.5192 | +0.350% | $290.0M | $268.0M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0158% | 1h | 1.5169 | +0.198% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0172% | 8h | 1.5168 | +0.192% | $1.8M | $34.0M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5185 | +0.304% | $5.6M | $48.1M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5175 | +0.238% | $23.7M | $77.7M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5174 | +0.229% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5179 | +0.266% | $521K | $807K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5150 | +0.073% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0604% | 1h | 1.5153 | +0.090% | $2K | $16K | 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-USDC
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
01 Exchange XRPUSD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Hyperliquid XRP
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD