Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Katana Perps against Ondo Perps−0.752%7-day average +0.031% · 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)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+1.095%+$109 · spread now −0.752%, 7d avg +0.031%
=Together, before fees+1.099%+ Points / potential airdropOndo Perps: Active · farm board+$110 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: Katana Perps is 0.783% cheaper against Ondo Perps than usual: you would sell low and buy high, −$78 on $10k if it goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XRP-USD.P | 1.5434 | 0.0100 | pay 0.0013% / 1h | 54m 09s | $567K | $40K | 5x |
| Short | Katana Perps XRP-USD | 1.5318 | 0.0100 | get 0.0100% / 8h | 6h 54m | $16K | $378K | 20x |
Ondo Perps XRP-USD.P
Katana Perps XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps 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
- −$0.04
- Price spread: −0.752% → +0.031%
- −$78.26
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$87.1
- Costs to cover
- 0.088%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Katana 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Ondo Perps and Katana 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 | −0.732% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5300 | −0.869% | $1.1M | $155K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5430 | −0.026% | $69K | $109K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5325 | −0.706% | $7.9M | $22.2M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5479 | +0.289% | $251K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0016% | 1h | 1.5335 | −0.639% | $14.0M | $73.4M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +0.816% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0072% | 1h | 1.5351 | −0.539% | $17K | $78K | 7x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5320 | −0.739% | $9K | $2K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5339 | −0.616% | $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 XRP | +0.0096% | 1h | 1.5343 | −0.590% | $616K | $3.1M | 20x | as long as short |
| Katana Perps XRP-USDshort | +0.0100% | 8h | 1.5318 | −0.752% | $16K | $378K | 20x | |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5319 | −0.746% | $478K | $51K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5318 | −0.748% | $987K | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5336 | −0.637% | $38.9M | $83.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5303 | −0.847% | $605K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5340 | −0.609% | $535.2M | $2.13B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5342 | −0.596% | $356.1M | $910.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5340 | −0.609% | $124.5M | $850.7M | 100x | as long as short |
| Ondo Perps XRP-USD.Plong | +0.0100% | 1h | 1.5434 | long leg | $567K | $40K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5325 | −0.706% | $166K | $705K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5425 | −0.061% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5325 | −0.706% | $382.5M | $156.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5341 | −0.603% | $303.7M | $897.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5319 | −0.744% | $107.9M | $180.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5322 | −0.726% | $270.7M | $362.7M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5323 | −0.719% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5429 | −0.029% | $4.9M | $38.2M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5432 | −0.012% | $672K | $113.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5452 | +0.119% | $1.1M | $32.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5438 | +0.026% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5335 | −0.641% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5323 | −0.719% | $52K | $480K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5326 | −0.699% | $41K | $66K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5324 | −0.713% | $69K | $633K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5342 | −0.597% | $128K | $1.6M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5323 | −0.719% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5319 | −0.744% | $50.0M | $14.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5343 | −0.590% | $54.6M | $33.4M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5316 | −0.765% | $2.1M | $5.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5368 | −0.428% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0120% | 1h | 1.5335 | −0.641% | $5.4M | $46.4M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0126% | 1h | 1.5346 | −0.570% | $2.0M | $1.3M | 25x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0145% / S −0.0113% | 1h | 1.5348 | −0.560% | $822K | — | 200x | as long as short |
| Kalshi KXXRPPERP | +0.0169% | 8h | 1.5328 | −0.687% | $1.7M | $33.0M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0170% | 1h | 1.5336 | −0.635% | $294.3M | $268.0M | 20x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5343 | −0.590% | $23.8M | $79.0M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0222% | 1h | 1.5317 | −0.761% | $1.4M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0272% | 1h | 1.5327 | −0.695% | $512K | $795K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0499% | 1h | 1.5423 | −0.068% | $3K | $15K | 10x | as long as short |
Lighter RH XRP
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
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
Backpack XRP_USDC_PERP
GMX XRP/USD [ETH-USDC]
Kalshi KXXRPPERP
Hyperliquid XRP
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD