Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Bulk against Ondo Perps+0.418%7-day average +0.069% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.270%−$27 · spread now +0.418%, 7d avg +0.069%
=Together, before fees−0.245%+ Points / potential airdropOndo Perps: Active · farm board−$25 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: Bulk is 0.349% dearer against Ondo Perps than usual: you sell high and buy low, +$35 on $10k if it goes back to its 7-day average of +0.069%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XRP-USD.P | 1.5568 | 0.0100 | pay 0.0013% / 1h | 43m 28s | $579K | $42K | 5x |
| Short | Bulk XRP-USD | 1.5633 | 0.0100 | get 0.0013% / 1h | 43m 28s | $1.7M | $573K | 20x |
Ondo Perps XRP-USD.P
Bulk XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Ondo 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
- Price spread: +0.418% → +0.069%
- $34.93
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $22.93
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Bulk: live order book, 1 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bulk live order book, 1 min ago | 0.96 bp | 4.5 bp −$4 | 4.8 bp −$48 | 11.8 bp −$1,182 | 25.9 bp −$12.9K |
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 | 1.5566 | −0.013% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5568 | 0.000% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5620 | +0.334% | $70K | $90K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5590 | +0.141% | $9.7M | $25.4M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5583 | +0.098% | $261K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0006% / S +0.0105% | 1h | 1.5583 | +0.094% | $857K | — | 200x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0031% | 1h | 1.5584 | +0.100% | $15.6M | $68.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0056% | 8h | 1.5586 | +0.116% | $77K | $909K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | −0.051% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5568 | −0.001% | $3.0M | $12.6M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Injective XRP/USDC PERP
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 | 1.5571 | +0.019% | $443K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5562 | −0.035% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5567 | −0.006% | $39.6M | $80.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5568 | 0.000% | $641K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5564 | −0.028% | $557.4M | $2.02B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5561 | −0.045% | $347.4M | $915.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5561 | −0.045% | $127.2M | $889.6M | 100x | as long as short |
| Ondo Perps XRP-USD.Plong | +0.0100% | 1h | 1.5568 | long leg | $579K | $42K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5568 | 0.000% | $117K | $753K | 20x | as long as short |
| Bulk XRP-USDshort | +0.0100% | 1h | 1.5633 | +0.418% | $1.7M | $573K | 20x | |
| Gate XRP_USDT | +0.0100% | 8h | 1.5565 | −0.019% | $374.7M | $143.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5564 | −0.026% | $299.9M | $870.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5566 | −0.014% | $113.3M | $163.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5563 | −0.032% | $272.1M | $370.1M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5561 | −0.045% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5624 | +0.357% | $11.7M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5600 | +0.208% | $677K | $103.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5583 | +0.094% | $1.1M | $40.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5597 | +0.186% | $1.0M | $899K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5564 | −0.026% | $48K | $454K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5586 | +0.113% | $42K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5587 | +0.124% | $839K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5584 | +0.100% | $131K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5584 | +0.103% | $30K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5588 | +0.130% | $51.2M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5580 | +0.077% | $55.4M | $29.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5562 | −0.038% | $485K | $54K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5566 | −0.014% | — | $10K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5571 | +0.019% | $13K | $267K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5560 | −0.053% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5588 | +0.129% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5569 | +0.006% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5561 | −0.047% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5598 | +0.193% | $24.5M | $74.6M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5589 | +0.135% | $5.9M | $47.8M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0264% | 1h | 1.5587 | +0.122% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0317% | 8h | 1.5594 | +0.167% | $2.0M | $33.9M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0372% | 1h | 1.5587 | +0.122% | $1.7M | $1.0M | 25x | as long as short |
| Hyperliquid XRP | +0.0622% | 1h | 1.5586 | +0.116% | $296.7M | $209.1M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5576 | +0.050% | $508K | $632K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0813% | 1h | 1.5602 | +0.220% | $1K | $11K | 10x | as long as short |
Lighter RH XRP
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Arcus 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
Paradex XRP-USD-PERP
Vest XRP-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD