Funding you earn now, next payment 10:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Lighter RH+0.593%7-day average −0.061% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.804%−$80 · spread now +0.593%, 7d avg −0.061%
=Together, before fees−0.823%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board−$82 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 0.654% dearer against Lighter RH than usual: you sell high and buy low, +$65 on $10k if it goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XRP | 1.5343 | 0.0096 | pay 0.0012% / 1h | 53m 54s | $616K | $3.1M | 20x |
| Short | Ondo Perps XRP-USD.P | 1.5434 | 0.0100 | get 0.0013% / 1h | 53m 54s | $567K | $40K | 5x |
Lighter RH XRP
Ondo Perps XRP-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Lighter RH. 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
- $0.84
- Price spread: +0.593% → −0.061%
- $65.44
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $61.28
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Lighter RH: live order book, 4 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 Lighter RH live order book, 4 min ago | 2.59 bp | 3.4 bp −$3 | 7.3 bp −$73 | 46.1 bp −$4,613 | 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 50 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 | 1.5321 | −0.143% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5300 | −0.281% | $1.1M | $155K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5430 | +0.567% | $69K | $109K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5325 | −0.117% | $7.9M | $22.2M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5479 | +0.884% | $251K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0016% | 1h | 1.5335 | −0.050% | $14.0M | $73.4M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.414% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0072% | 1h | 1.5351 | +0.051% | $17K | $78K | 7x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5320 | −0.150% | $9K | $2K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5339 | −0.026% | $2.8M | $14.4M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
01 Exchange XRPUSD
Lighter XRPShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRPlong | +0.0096% | 1h | 1.5343 | long leg | $616K | $3.1M | 20x | |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5318 | −0.163% | $16K | $378K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5319 | −0.158% | $478K | $51K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5318 | −0.160% | $987K | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5324 | −0.125% | $39.1M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5303 | −0.259% | $605K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5314 | −0.186% | $532.7M | $2.13B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5299 | −0.287% | $355.3M | $910.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5296 | −0.306% | $124.3M | $849.0M | 100x | as long as short |
| Ondo Perps XRP-USD.Pshort | +0.0100% | 1h | 1.5434 | +0.593% | $567K | $40K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5325 | −0.117% | $166K | $705K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5425 | +0.532% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5336 | −0.046% | $383.3M | $156.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5338 | −0.033% | $303.7M | $897.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5336 | −0.046% | $107.9M | $180.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5294 | −0.319% | $270.3M | $363.2M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5307 | −0.235% | — | $4.2M | — | as long as short |
| Backpack XRP_USDC_PERP | +0.0100% | 1h | 1.5347 | +0.026% | $2.0M | $1.3M | 25x | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5429 | +0.564% | $4.9M | $38.2M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5432 | +0.581% | $672K | $113.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5452 | +0.713% | $1.1M | $32.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5438 | +0.619% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5335 | −0.051% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5323 | −0.130% | $52K | $480K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5326 | −0.110% | $41K | $66K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5324 | −0.124% | $69K | $633K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5342 | −0.008% | $128K | $1.6M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5323 | −0.130% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5319 | −0.156% | $50.0M | $14.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5343 | 0.000% | $54.6M | $33.4M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5333 | −0.066% | $2.1M | $5.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5368 | +0.163% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0120% | 1h | 1.5335 | −0.052% | $5.4M | $46.4M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0145% / S −0.0113% | 1h | 1.5348 | +0.030% | $822K | — | 200x | as long as short |
| Hyperliquid XRP | +0.0167% | 1h | 1.5353 | +0.065% | $294.6M | $268.1M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0169% | 8h | 1.5328 | −0.098% | $1.7M | $33.0M | 2.9x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5343 | 0.000% | $23.8M | $79.0M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0222% | 1h | 1.5317 | −0.172% | $1.4M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0272% | 1h | 1.5327 | −0.106% | $512K | $795K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0499% | 1h | 1.5423 | +0.524% | $3K | $15K | 10x | as long as short |
Katana Perps XRP-USD
Paradex XRP-USD-PERP
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
Backpack XRP_USDC_PERP
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
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Aevo XRP-PERP
Coinbase International XRP-PERP-INTX
GMX XRP/USD [ETH-USDC]
Hyperliquid XRP
Kalshi KXXRPPERP
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD