Funding you earn now, next payment 23:00 UTC−0.0427%/8h= −46.8% APRnext payment −$0.53 per $10,000 · paid last 24h −0.103%
Price spread now: Ondo Perps against RISEx−0.221%7-day average −0.102% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.316%−$32 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.221%, 7d avg −0.102%
=Together, before fees−0.338%+ Points / potential airdropOndo Perps: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Ondo Perps is 0.119% cheaper against RISEx than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.102%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx XRP/USDC | 1.5501 | 0.0527 | pay 0.0066% / 1h | 7m 24s | $508K | $631K | 10x |
| Short | Ondo Perps XRP-USD.P | 1.5467 | 0.0100 | get 0.0013% / 1h | 7m 24s | $578K | $41K | 5x |
RISEx XRP/USDC
Ondo Perps XRP-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against RISEx. 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
- −$89.69
- Price spread: −0.221% → −0.102%
- −$11.88
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$112.57
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 11 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 RISEx live order book, 11 min ago | 1.00 bp | 4.8 bp −$5 | 8.5 bp −$85 | 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 | 1.5481 | −0.131% | $7K | $2K | 20x | as long as short |
| GMX XRP/USD [ETH-USDC] | L −0.0001% / S +0.0114% | 1h | 1.5466 | −0.227% | $848K | — | 200x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5475 | −0.169% | $1.1M | $113K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5467 | −0.221% | $9.5M | $25.1M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5495 | −0.041% | $259K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +0.379% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0042% | 1h | 1.5463 | −0.249% | $15.4M | $68.4M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0054% | 8h | 1.5496 | −0.034% | $76K | $909K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5478 | −0.149% | $3.0M | $12.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5467 | −0.221% | $441K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
GMX XRP/USD [ETH-USDC]
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5493 | −0.050% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5495 | −0.038% | $39.4M | $79.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5476 | −0.163% | $637K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5498 | −0.022% | $557.9M | $1.99B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5496 | −0.034% | $344.9M | $902.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5496 | −0.034% | $127.5M | $880.6M | 100x | as long as short |
| Ondo Perps XRP-USD.Pshort | +0.0100% | 1h | 1.5467 | −0.221% | $578K | $41K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5487 | −0.092% | $119K | $745K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5501 | +0.001% | $1.7M | $578K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5495 | −0.040% | $363.2M | $142.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5497 | −0.027% | $298.0M | $868.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5500 | −0.009% | $113.3M | $160.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5499 | −0.015% | $270.4M | $366.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5494 | −0.047% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5501 | +0.001% | $11.8M | $30.2M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5508 | +0.044% | $673K | $101.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5513 | +0.076% | $1.1M | $41.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5507 | +0.037% | $1.0M | $884K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5488 | −0.083% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5504 | +0.018% | $46K | $449K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5496 | −0.037% | $42K | $66K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5466 | −0.224% | $832K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5480 | −0.134% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5463 | −0.247% | $32K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5466 | −0.228% | $50.8M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5453 | −0.311% | $55.0M | $29.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5476 | −0.165% | $482K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5491 | −0.066% | $11K | $261K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5489 | −0.077% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5465 | −0.234% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0176% | 1h | 1.5492 | −0.060% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5495 | −0.043% | $1.4M | $9K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5470 | −0.202% | $5.9M | $47.2M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5514 | +0.082% | $24.6M | $73.6M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0256% | 1h | 1.5472 | −0.186% | $18K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0291% | 1h | 1.5461 | −0.260% | $1.7M | $1.0M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0321% | 8h | 1.5506 | +0.031% | $1.9M | $33.2M | 2.9x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5500 | −0.008% | $69K | $90K | 15x | as long as short |
| RISEx XRP/USDClong | +0.0527% | 1h | 1.5501 | long leg | $508K | $631K | 10x | |
| Hyperliquid XRP | +0.0583% | 1h | 1.5514 | +0.082% | $290.1M | $204.6M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0774% | 1h | 1.5510 | +0.060% | $1K | $11K | 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
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Phoenix XRP
Hyperliquid XRP
Aftermath Perps XRPUSD