Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.018%
Price spread now: Injective against Ondo Perps+2.706%7-day average −0.089% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.200%+$20 on $10k
+Price spread, last 4 days (all we have)−3.660%−$366 · spread now +2.706%, 7d avg −0.089%
=Together, before fees−3.460%+ Points / potential airdropOndo Perps: Active · farm board−$346 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 2.795% dearer against Ondo Perps than usual: you sell high and buy low (spread +2.706% now, against its 7-day average of −0.089%): +$280 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months. Mind the row above: over the last 7 days funding on this pair paid +0.200%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XRP-USD.P | 1.5150 | 0.0100 | pay 0.0013% / 1h | 2m 09s | $563K | $27K | 5x |
| Short | Injective XRP/USDC PERP | 1.5560 | 0.0033 | get 0.0004% / 1h | 2m 09s | $2K | $107K | 30x |
Ondo Perps XRP-USD.P
Injective XRP/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +2.706% → −0.089%
- $279.54
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $260.52
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Injective: live order book, 51 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 Injective live order book, 51 min ago | 46.05 bp | 46.1 bp −$46 | 59.2 bp −$592 | doesn't fit | 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 | 1.5114 | −0.238% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5114 | −0.237% | $1.1M | $115K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5113 | −0.247% | $258K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0015% | 1h | 1.5120 | −0.198% | $7.7M | $25.6M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0022% | 1h | 1.5115 | −0.232% | $14.3M | $74.8M | 50x | as long as short |
| Injective XRP/USDC PERPshort | +0.0033% | 1h | 1.5560 | +2.706% | $2K | $107K | 30x | |
| GMX XRP/USD [ETH-USDC] | L +0.0054% / S +0.0009% | 1h | 1.5113 | −0.246% | $793K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5115 | −0.231% | $2.8M | $14.8M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5115 | −0.231% | $495K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5110 | −0.264% | $10K | $356K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
GMX XRP/USD [ETH-USDC]
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 | 1.5118 | −0.212% | $985K | $6.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5102 | −0.314% | $38.9M | $86.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5117 | −0.215% | $606K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5102 | −0.317% | $531.1M | $2.17B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5103 | −0.310% | $342.5M | $948.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5102 | −0.317% | $124.9M | $884.9M | 100x | as long as short |
| Ondo Perps XRP-USD.Plong | +0.0100% | 1h | 1.5150 | long leg | $563K | $27K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5120 | −0.198% | $137K | $722K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5110 | −0.264% | $372.6M | $158.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5108 | −0.277% | $293.9M | $910.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5110 | −0.264% | $108.1M | $178.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5105 | −0.297% | $268.1M | $391.2M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5110 | −0.264% | — | $128.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5147 | −0.021% | $4.8M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5145 | −0.035% | $658K | $111.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5149 | −0.007% | $1.1M | $37.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5138 | −0.079% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5118 | −0.210% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5120 | −0.198% | $49K | $490K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5111 | −0.257% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5111 | −0.257% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5114 | −0.239% | $813K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5119 | −0.201% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5113 | −0.244% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5119 | −0.207% | $49.4M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5114 | −0.238% | $53.8M | $31.4M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5107 | −0.281% | $1.6M | $29K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5121 | −0.191% | $471K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5112 | −0.254% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5113 | −0.245% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0152% | 1h | 1.5116 | −0.224% | $8K | $8K | 10x | as long as short |
| Kalshi KXXRPPERP | +0.0182% | 8h | 1.5122 | −0.185% | $1.8M | $35.4M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5119 | −0.205% | $5.7M | $48.1M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0217% | 1h | 1.5114 | −0.236% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5106 | −0.290% | $24.1M | $75.6M | 125x | as long as short |
| Backpack XRP_USDC_PERP | +0.0229% | 1h | 1.5120 | −0.198% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0272% | 1h | 1.5146 | −0.024% | $17K | $82K | 7x | as long as short |
| Hyperliquid XRP | +0.0356% | 1h | 1.5119 | −0.205% | $290.1M | $256.0M | 20x | as long as short |
| RISEx XRP/USDC | +0.0358% | 1h | 1.5118 | −0.210% | $516K | $777K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5150 | 0.000% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0629% | 1h | 1.5135 | −0.102% | $2K | $15K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Arcus 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
Bulk XRP-USD
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Kalshi KXXRPPERP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Hyperliquid XRP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD