Funding you earn now, next payment 02:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.026%
Price spread now: Deribit against Ondo Perps−0.219%7-day average +0.074% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.175%+$18 on $10k
+Price spread, last 3 days (all we have)+0.162%+$16 · spread now −0.219%, 7d avg +0.074%
=Together, before fees+0.337%+ Points / potential airdropOndo Perps: Active · farm board+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.293% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.219% now, against its 7-day average of +0.074%). If the spread goes back, that is −$29 on $10k: about 20 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XRP-USD.P | 1.5090 | 0.0100 | pay 0.0013% / 1h | 38m 21s | $562K | $28K | 5x |
| Short | Deribit XRP_USDC-PERPETUAL | 1.5057 | 0.0149 | get 0.0019% / 1h | 38m 21s | $7.6M | $25.4M | 50x |
Ondo Perps XRP-USD.P
Deribit XRP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $10.29
- Price spread: −0.219% → +0.074%
- −$29.25
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$30.96
- Costs to cover
- 0.120%
- Break-even
- 28.1 days
Slippage unknown: Ondo Perps: no order-book sample; Deribit: 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 Deribit live order book, 1 min ago | 1.00 bp | 4.5 bp −$5 | 6.7 bp −$67 | 105.9 bp −$10.6K | doesn't fit |
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 | 1.5082 | −0.053% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5080 | −0.070% | $1.1M | $120K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5110 | +0.133% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5057 | −0.219% | $251K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0024% / S +0.0063% | 1h | 1.5057 | −0.218% | $826K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.115% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0040% | 1h | 1.5051 | −0.258% | $14.5M | $72.9M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0070% | 8h | 1.5058 | −0.212% | $57K | $945K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5055 | −0.233% | $2.8M | $14.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5058 | −0.212% | $514K | $3.3M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
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 | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5068 | −0.146% | $10K | $306K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5082 | −0.056% | $792K | $5.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5077 | −0.085% | $38.4M | $84.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5085 | −0.036% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5056 | −0.224% | $534.7M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5062 | −0.186% | $338.4M | $944.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5064 | −0.172% | $123.1M | $869.5M | 100x | as long as short |
| Ondo Perps XRP-USD.Plong | +0.0100% | 1h | 1.5090 | long leg | $562K | $28K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5083 | −0.046% | $115K | $723K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5183 | +0.615% | $1.6M | $305K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5069 | −0.139% | $365.6M | $151.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5077 | −0.086% | $286.5M | $904.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5077 | −0.083% | $106.4M | $172.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5053 | −0.245% | $264.2M | $386.1M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5063 | −0.179% | — | $127.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5098 | +0.054% | $6.2M | $35.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5152 | +0.414% | $658K | $108.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5080 | −0.065% | $1.1M | $38.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5163 | +0.484% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5084 | −0.039% | — | $12K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5080 | −0.066% | $45K | $452K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5067 | −0.152% | $41K | $69K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5061 | −0.191% | $810K | $79K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5060 | −0.200% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5056 | −0.225% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5058 | −0.209% | $49.3M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5058 | −0.212% | $53.5M | $29.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5083 | −0.047% | $470K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5052 | −0.252% | $2.0M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5057 | −0.215% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0136% | 1h | 1.5074 | −0.106% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUALshort | +0.0149% | 1h | 1.5057 | −0.219% | $7.6M | $25.4M | 50x | |
| Hyperliquid XRP | +0.0186% | 1h | 1.5090 | 0.000% | $278.9M | $220.6M | 20x | as long as short |
| Reya XRPRUSDPERP | +0.0214% | 1h | 1.5078 | −0.082% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5059 | −0.205% | $5.7M | $46.4M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5193 | +0.683% | $24.0M | $75.2M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0328% | 1h | 1.5089 | −0.009% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0330% | 1h | 1.5097 | +0.046% | $1.9M | $1.3M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0340% | 8h | 1.5078 | −0.080% | $2.1M | $36.0M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0456% | 1h | 1.5078 | −0.078% | $534K | $783K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0812% | 1h | 1.5117 | +0.176% | $2K | $14K | 10x | as long as short |
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-USDT
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
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Hyperliquid XRP
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD