Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Ondo Perps against Paradex+0.095%7-day average −0.064% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)−0.279%−$28 · spread now +0.095%, 7d avg −0.064%
=Together, before fees−0.302%+ Points / potential airdropParadex: Active · Ondo Perps: Active · farm board−$30 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 0.159% dearer against Paradex than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XRP-USD-PERP | 1.5367 | 0.0100 | pay 0.0100% / 8h | 25m 37s | $479K | $54K | 50x |
| Short | Ondo Perps XRP-USD.P | 1.5382 | 0.0100 | get 0.0013% / 1h | 25m 37s | $573K | $41K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Paradex. 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
- −$0.01
- Price spread: +0.095% → −0.064%
- $15.92
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $6.91
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Paradex: live order book, 54 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 Paradex live order book, 54 min ago | 4.50 bp | 6.5 bp −$7 | 148.6 bp −$1,486 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5379 | +0.076% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5363 | −0.025% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5420 | +0.343% | $69K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5378 | +0.071% | $266K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0006% / S +0.0098% | 1h | 1.5377 | +0.066% | $831K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0010% | 1h | 1.5381 | +0.089% | $9.4M | $25.6M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5377 | +0.066% | $15.0M | $69.6M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0058% | 8h | 1.5382 | +0.095% | $76K | $910K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +1.254% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5369 | +0.012% | $2.9M | $12.8M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5376 | +0.056% | $438K | $3.2M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5362 | −0.031% | $1.1M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5365 | −0.014% | $39.1M | $81.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5369 | +0.011% | $632K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5359 | −0.054% | $546.9M | $2.04B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5356 | −0.074% | $341.2M | $923.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5350 | −0.113% | $125.1M | $879.8M | 100x | as long as short |
| Ondo Perps XRP-USD.Pshort | +0.0100% | 1h | 1.5382 | +0.095% | $573K | $41K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5364 | −0.022% | $116K | $757K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5410 | +0.278% | $1.7M | $572K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5358 | −0.061% | $361.0M | $147.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5363 | −0.028% | $292.3M | $883.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5362 | −0.033% | $109.8M | $164.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5357 | −0.067% | $267.9M | $373.8M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5359 | −0.054% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5385 | +0.113% | $11.4M | $30.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5405 | +0.244% | $669K | $104.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5403 | +0.231% | $1.1M | $40.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5406 | +0.252% | $1.0M | $900K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5385 | +0.115% | $47K | $455K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5381 | +0.090% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5380 | +0.085% | $828K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5388 | +0.136% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5380 | +0.082% | $31K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5379 | +0.075% | $50.5M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5384 | +0.109% | $54.7M | $29.4M | 50x | as long as short |
| Paradex XRP-USD-PERPlong | +0.0100% | 8h | 1.5367 | long leg | $479K | $54K | 50x | |
| Vest XRP-PERP | +0.0100% | 1h | 1.5389 | +0.138% | — | $10K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5358 | −0.061% | $11K | $268K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5355 | −0.081% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5379 | +0.073% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5359 | −0.054% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5381 | +0.088% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5416 | +0.317% | $24.4M | $74.5M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5386 | +0.122% | $5.8M | $47.3M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0264% | 1h | 1.5406 | +0.254% | $18K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0264% | 1h | 1.5385 | +0.115% | $1.7M | $1.0M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0305% | 8h | 1.5404 | +0.239% | $2.0M | $34.3M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0587% | 1h | 1.5392 | +0.161% | $292.7M | $212.6M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5369 | +0.012% | $499K | $635K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0786% | 1h | 1.5427 | +0.389% | $1K | $11K | 10x | as long as short |
Paradex XRP-USD-PERP
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
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
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Katana Perps XRP-USD
Extended XRP-USD
01 Exchange XRPUSD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD