Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Ondo Perps against Katana Perps−0.150%7-day average −0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.150%, 7d avg −0.029%
=Together, before fees−0.008%+ Points / potential airdropOndo Perps: Active · farm board−$1 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 0.121% cheaper against Katana Perps than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps XRP-USD | 1.5310 | 0.0100 | pay 0.0100% / 8h | 4h 55m | $10K | $410K | 20x |
| Short | Ondo Perps XRP-USD.P | 1.5287 | 0.0100 | get 0.0013% / 1h | 55m 30s | $562K | $37K | 5x |
Katana Perps XRP-USD
Ondo Perps XRP-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Katana 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
- $0.04
- Price spread: −0.150% → −0.029%
- −$12.08
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$20.84
- Costs to cover
- 0.088%
- Break-even
- 3314.6 days
Slippage unknown: Katana Perps: 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Katana Perps 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 exchanges
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 | 1.5378 | +0.444% | $5K | $2K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0077% | 1h | 1.5313 | +0.019% | $13.8M | $68.5M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5318 | +0.049% | $1.1M | $154K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5330 | +0.131% | $69K | $102K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5314 | +0.026% | $7.7M | $19.9M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5305 | −0.035% | $242K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.633% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0080% | 1h | 1.5314 | +0.026% | $17K | $69K | 7x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5314 | +0.026% | $9K | $987 | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5319 | +0.059% | $2.7M | $13.4M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
01 Exchange XRPUSD
Lighter XRPShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5323 | +0.085% | $599K | $3.0M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0096% | 1h | 1.5314 | +0.026% | $5.4M | $42.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5321 | +0.069% | $478K | $47K | 50x | as long as short |
| Katana Perps XRP-USDlong | +0.0100% | 8h | 1.5310 | long leg | $10K | $410K | 20x | |
| Nado XRP-PERP | +0.0100% | 1h | 1.5306 | −0.028% | $840K | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5326 | +0.105% | $297.8M | $264.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5312 | +0.014% | $38.9M | $79.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5319 | +0.059% | $589K | $985K | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5311 | +0.006% | $532.9M | $2.03B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5309 | −0.007% | $360.0M | $854.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5308 | −0.013% | $124.1M | $820.3M | 100x | as long as short |
| Ondo Perps XRP-USD.Pshort | +0.0100% | 1h | 1.5287 | −0.150% | $562K | $37K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5320 | +0.065% | $163K | $692K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5312 | +0.010% | $1.6M | $66K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5314 | +0.026% | $377.4M | $156.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5316 | +0.039% | $318.4M | $872.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5316 | +0.039% | $104.8M | $180.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5315 | +0.033% | $270.9M | $347.8M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5317 | +0.046% | — | $98.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5304 | −0.036% | $4.9M | $38.0M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5306 | −0.025% | $665K | $105.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5310 | 0.000% | $1.1M | $32.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5318 | +0.052% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5307 | −0.020% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5300 | −0.065% | $52K | $469K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5305 | −0.031% | $41K | $64K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5309 | −0.007% | $83K | $601K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5312 | +0.015% | $824K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5308 | −0.016% | $128K | $1.5M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5309 | −0.007% | $31K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5301 | −0.061% | $49.9M | $13.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5304 | −0.039% | $54.7M | $33.2M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5309 | −0.006% | $2.2M | $5.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5307 | −0.023% | $59K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0112% | 8h | 1.5308 | −0.013% | $1.9M | $35.4M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0167% | 1h | 1.5320 | +0.065% | $2.0M | $1.2M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5309 | −0.007% | $23.7M | $77.5M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0224% | 1h | 1.5297 | −0.087% | $1.4M | $1K | 15x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0253% / S −0.0495% | 1h | 1.5306 | −0.028% | $880K | — | 200x | as long as short |
| RISEx XRP/USDC | +0.0300% | 1h | 1.5319 | +0.062% | $507K | $723K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0390% | 1h | 1.5316 | +0.039% | $3K | $13K | 10x | as long as short |
Lighter RH XRP
Coinbase International XRP-PERP-INTX
Paradex XRP-USD-PERP
Nado XRP-PERP
Hyperliquid XRP
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-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
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
GMX XRP/USD [ETH-USDC]
RISEx XRP/USDC
Aftermath Perps XRPUSD