XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0115%/8h= +12.6% APRnext payment +$0.14 per $10,000 · paid last 24h +0.032%

Price spread now: Reya against Ondo Perps−0.021%7-day average +0.071% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.131%+$13 on $10k

Price spread, last 4 days (all we have)+0.543%+$54 · spread now −0.021%, 7d avg +0.071%

Together, before fees+0.674%+ Points / potential airdropOndo Perps: Active · Reya: Active · farm board+$67 on $10k · with fees, hour by hour

Funding pays, the price is against you. Reya is 0.092% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.071%). If the spread goes back, that is −$9 on $10k: about 2.7 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XRP-USD.P	1.5113	0.0100	pay 0.0013% / 1h	47m 49s	$563K	$28K	5x
Short	Reya XRPRUSDPERP	1.5110	0.0215	get 0.0027% / 1h	47m 49s	$1.3M	$7K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Ondo PerpsbpFee ReyabpOrdersPrice spread, now −0.021%Rate

Funding earned: $24.07
Price spread: −0.021% → +0.071%: −$9.17
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Reya: 3 bp × 2 orders: −$6
Net: $3.9
Costs to cover: 0.110%
Break-even: 5.9 days

Slippage unknown: Ondo Perps: no order-book sample; Reya: 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 Reya no order-book sample	—	—	—	—	—

Ondo Perps and Reya: 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	1.5105	−0.053%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5102	−0.070%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5106	−0.046%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0027% / S +0.0049%	1h	1.5107	−0.043%	$798K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.958%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5112	−0.007%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5110	−0.020%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5120	+0.049%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5124	+0.073%	$508K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5103	−0.066%	$10K	$305K	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5110	−0.017%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5114	+0.007%	$279.8M	$220.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5108	−0.033%	$38.4M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5110	−0.019%	$607K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5104	−0.062%	$535.4M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5103	−0.066%	$342.0M	$924.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5105	−0.053%	$124.9M	$862.3M	100x	as long as short
Ondo Perps XRP-USD.Plong	+0.0100%	1h	1.5113	long leg	$563K	$28K	5x
Arcus XRP-USD	+0.0100%	1h	1.5115	+0.013%	$116K	$702K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5087	−0.175%	$1.6M	$161K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5104	−0.060%	$368.5M	$150.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5105	−0.053%	$292.6M	$893.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5108	−0.030%	$106.5M	$170.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5101	−0.079%	$265.9M	$379.7M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5103	−0.066%	—	$126.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5141	+0.182%	$6.0M	$36.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5102	−0.071%	$657K	$108.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5143	+0.195%	$1.1M	$35.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5108	−0.033%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5111	−0.011%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5114	+0.007%	$41K	$447K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5111	−0.011%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5113	+0.003%	$813K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5126	+0.089%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5115	+0.013%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5113	+0.002%	$49.5M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5123	+0.066%	$53.8M	$29.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5113	+0.002%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5105	−0.051%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5111	−0.014%	$58K	$25K	3x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0147%	1h	1.5119	+0.040%	$7.7M	$25.2M	50x	as long as short
Reya XRPRUSDPERPshort	+0.0215%	1h	1.5110	−0.021%	$1.3M	$7K	15x
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5123	+0.066%	$5.6M	$46.3M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0224%	1h	1.5117	+0.026%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0274%	1h	1.5115	+0.016%	$14.4M	$72.8M	50x	as long as short
Hibachi XRP/USDT-P	+0.0312%	1h	1.5109	−0.024%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0356%	8h	1.5116	+0.020%	$2.1M	$35.0M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5112	−0.009%	$526K	$769K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5130	+0.112%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0717%	1h	1.5115	+0.011%	$2K	$14K	10x	as long as short