Funding you earn now, next payment 07:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.061%
Price spread now: Ondo Perps against GMX−0.023%7-day average −0.068% · 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)+0.164%+$16 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.023%, 7d avg −0.068%
=Together, before fees+0.242%+ Points / potential airdropOndo Perps: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.045% dearer against GMX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XRP/USD [ETH-USDC] | 1.5133 | L +0.0078% / S −0.0025% | pay 0.0010% / 1h | 51m 01s | $797K | — | 200x |
| Short | Ondo Perps XRP-USD.P | 1.5129 | 0.0100 | get 0.0013% / 1h | 51m 01s | $563K | $32K | 5x |
GMX XRP/USD [ETH-USDC]
Ondo Perps XRP-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against GMX. 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
- $4.59
- Price spread: −0.023% → −0.068%
- $4.45
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$7.96
- Costs to cover
- 0.170%
- Break-even
- 19.1 days
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
GMX and 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 | 1.5125 | −0.050% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5122 | −0.066% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5140 | +0.049% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5132 | −0.002% | $245K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5134 | +0.007% | $14.4M | $75.3M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.825% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5126 | −0.043% | $8K | $8K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC]long | L +0.0078% / S −0.0025% | 1h | 1.5133 | long leg | $797K | — | 200x | |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5136 | +0.023% | $7.7M | $25.1M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5135 | +0.014% | $2.8M | $15.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5135 | +0.016% | $545K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5119 | −0.089% | $12K | $367K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5122 | −0.071% | $994K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5140 | +0.046% | $38.4M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5124 | −0.055% | $602K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5143 | +0.070% | $528.3M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5141 | +0.056% | $344.3M | $967.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5142 | +0.063% | $127.0M | $890.8M | 100x | as long as short |
| Ondo Perps XRP-USD.Pshort | +0.0100% | 1h | 1.5129 | −0.023% | $563K | $32K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5127 | −0.036% | $143K | $718K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5129 | −0.024% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5138 | +0.036% | $372.3M | $158.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5136 | +0.023% | $298.5M | $917.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5133 | +0.003% | $107.2M | $182.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5140 | +0.049% | $266.6M | $399.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5134 | +0.010% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5135 | +0.015% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5141 | +0.058% | $658K | $114.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5155 | +0.149% | $1.1M | $36.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5146 | +0.089% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5132 | −0.005% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5136 | +0.023% | $46K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5134 | +0.009% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5131 | −0.010% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5132 | −0.007% | $814K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5134 | +0.010% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5133 | +0.003% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5151 | +0.122% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5132 | −0.003% | $54.0M | $32.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5127 | −0.037% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5136 | +0.026% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5131 | −0.013% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0145% | 1h | 1.5147 | +0.096% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5125 | −0.052% | $17K | $82K | 7x | as long as short |
| Hyperliquid XRP | +0.0170% | 1h | 1.5153 | +0.135% | $289.0M | $264.1M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5137 | +0.030% | $5.7M | $48.2M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5130 | −0.015% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5137 | +0.030% | $23.5M | $77.7M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0220% | 8h | 1.5132 | −0.003% | $1.8M | $35.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5127 | −0.034% | $522K | $796K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0562% | 1h | 1.5143 | +0.070% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
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
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD