Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Orderly against Ondo Perps+0.013%7-day average +0.038% · 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)−1.349%−$135 · spread now +0.013%, 7d avg +0.038%
=Together, before fees−1.331%+ Points / potential airdropOndo Perps: Active · farm board−$133 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: Orderly is 0.025% cheaper against Ondo Perps than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.038%.
| 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 | 57m 31s | $569K | $40K | 5x |
| Short | Orderly PERP_XRP_USDC | 1.5436 | 0.0100 | get 0.0100% / 8h | 6h 57m | $78K | $623K | 50x |
Ondo Perps XRP-USD.P
Orderly PERP_XRP_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: +0.013% → +0.038%
- −$2.46
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$13.46
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
Ondo Perps and Orderly: 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 | 1.5434 | 0.000% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5435 | +0.008% | $1.1M | $155K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5490 | +0.363% | $70K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5435 | +0.006% | $8.0M | $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 | +0.0015% | 1h | 1.5428 | −0.037% | $14.1M | $73.5M | 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 | +0.0064% | 1h | 1.5436 | +0.012% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5435 | +0.006% | $2.8M | $14.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5435 | +0.006% | $612K | $3.0M | 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
Lighter XRP
Lighter RH XRPShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5434 | 0.000% | $20K | $378K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5442 | +0.049% | $482K | $52K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5435 | +0.010% | $993K | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5439 | +0.030% | $39.2M | $82.9M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5431 | −0.018% | $610K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5441 | +0.045% | $538.7M | $2.12B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5437 | +0.019% | $360.0M | $905.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5437 | +0.019% | $124.9M | $848.5M | 100x | as long as short |
| Ondo Perps XRP-USD.Plong | +0.0100% | 1h | 1.5434 | long leg | $569K | $40K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5442 | +0.052% | $167K | $704K | 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 | 1.5428 | −0.039% | $383.8M | $155.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5430 | −0.026% | $308.4M | $894.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5431 | −0.023% | $109.4M | $180.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5443 | +0.058% | $273.1M | $360.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5425 | −0.058% | — | $105.7M | — | as long as short |
| Backpack XRP_USDC_PERP | +0.0100% | 1h | 1.5432 | −0.013% | $2.0M | $1.3M | 25x | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5471 | +0.237% | $4.9M | $38.2M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5462 | +0.182% | $672K | $113.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5484 | +0.321% | $1.1M | $32.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5492 | +0.376% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5443 | +0.060% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5438 | +0.026% | $53K | $480K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5437 | +0.019% | $41K | $66K | 20x | as long as short |
| Orderly PERP_XRP_USDCshort | +0.0100% | 8h | 1.5436 | +0.013% | $78K | $623K | 50x | |
| SunX XRP-USDT | +0.0100% | 8h | 1.5441 | +0.048% | $130K | $1.6M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5427 | −0.045% | $30K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5414 | −0.126% | $50.3M | $14.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5427 | −0.045% | $54.8M | $33.4M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5420 | −0.089% | $2.1M | $5.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5440 | +0.039% | $9K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5434 | +0.003% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0120% | 1h | 1.5426 | −0.052% | $5.3M | $46.1M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0143% / S −0.0109% | 1h | 1.5484 | +0.326% | $830K | — | 200x | as long as short |
| Kalshi KXXRPPERP | +0.0169% | 8h | 1.5453 | +0.123% | $1.8M | $32.9M | 2.9x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5450 | +0.104% | $23.8M | $79.4M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0222% | 1h | 1.5433 | −0.008% | $1.4M | $4K | 15x | as long as short |
| Hyperliquid XRP | +0.0237% | 1h | 1.5447 | +0.084% | $298.2M | $266.7M | 20x | as long as short |
| RISEx XRP/USDC | +0.0272% | 1h | 1.5440 | +0.039% | $521K | $794K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0476% | 1h | 1.5468 | +0.221% | $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-USDT
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
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
Coinbase International XRP-PERP-INTX
GMX XRP/USD [ETH-USDC]
Kalshi KXXRPPERP
BloFin XRP-USDT
Reya XRPRUSDPERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD