Funding you earn now, next payment 10:00 UTC−0.0122%/8h= −13.4% APRnext payment −$0.15 per $10,000 · paid last 24h −0.033%
Price spread now: Ondo Perps against Reya+0.095%7-day average −0.062% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.143%−$14 on $10k
+Price spread, last 4 days (all we have)−0.617%−$62 · spread now +0.095%, 7d avg −0.062%
=Together, before fees−0.760%+ Points / potential airdropReya: Active · Ondo Perps: Active · farm board−$76 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.157% dearer against Reya than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of −0.062%): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya XRPRUSDPERP | 1.5391 | 0.0222 | pay 0.0028% / 1h | 11m 20s | $1.4M | $1K | 15x |
| Short | Ondo Perps XRP-USD.P | 1.5406 | 0.0100 | get 0.0013% / 1h | 11m 20s | $566K | $37K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Reya. 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
- −$25.72
- Price spread: +0.095% → −0.062%
- $15.75
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$20.98
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Ondo 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 Reya no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Reya and 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 50 exchanges
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 | 1.5401 | +0.063% | $5K | $4K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5401 | +0.061% | $1.1M | $155K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5392 | +0.003% | $244K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0009% | 1h | 1.5422 | +0.199% | $7.9M | $21.7M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0015% | 1h | 1.5413 | +0.143% | $14.2M | $72.7M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.096% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0048% | 1h | 1.5401 | +0.063% | $9K | $1K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5402 | +0.070% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5403 | +0.076% | $606K | $3.1M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5401 | +0.064% | $480K | $50K | 50x | as long as short |
Show all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5390 | −0.008% | $10K | $396K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5397 | +0.040% | $1.0M | $5.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5390 | −0.007% | $39.6M | $82.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5402 | +0.070% | $590K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5389 | −0.017% | $536.5M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5391 | −0.002% | $363.7M | $897.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5392 | +0.005% | $124.9M | $846.5M | 100x | as long as short |
| Ondo Perps XRP-USD.Pshort | +0.0100% | 1h | 1.5406 | +0.095% | $566K | $37K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5406 | +0.095% | $165K | $692K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5353 | −0.251% | $1.6M | $25K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5394 | +0.018% | $380.1M | $161.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5395 | +0.024% | $317.1M | $918.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5393 | +0.008% | $106.9M | $182.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5394 | +0.018% | $272.8M | $359.9M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5388 | −0.021% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5377 | −0.092% | $5.1M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5385 | −0.044% | $669K | $111.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5402 | +0.067% | $1.1M | $31.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5394 | +0.018% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5401 | +0.061% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5396 | +0.031% | $53K | $478K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5393 | +0.012% | $42K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5390 | −0.008% | $76K | $607K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5413 | +0.141% | $129K | $1.6M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5416 | +0.160% | $31K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5405 | +0.089% | $50.2M | $14.2M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5413 | +0.141% | $55.0M | $33.4M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5393 | +0.008% | $2.1M | $5.8M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0104% | 1h | 1.5388 | −0.022% | $17K | $76K | 7x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5412 | +0.136% | $59K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0116% | 1h | 1.5406 | +0.095% | $299.7M | $269.3M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0120% | 1h | 1.5418 | +0.173% | $5.5M | $45.7M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0150% | 8h | 1.5413 | +0.141% | $1.9M | $34.4M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0157% / S −0.0325% | 1h | 1.5391 | −0.001% | $610K | — | 200x | as long as short |
| Backpack XRP_USDC_PERP | +0.0201% | 1h | 1.5411 | +0.128% | $2.0M | $1.3M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5394 | +0.018% | $23.9M | $79.2M | 125x | as long as short |
| Reya XRPRUSDPERPlong | +0.0222% | 1h | 1.5391 | long leg | $1.4M | $1K | 15x | |
| RISEx XRP/USDC | +0.0272% | 1h | 1.5403 | +0.078% | $514K | $786K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0449% | 1h | 1.5395 | +0.025% | $3K | $14K | 10x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5410 | +0.121% | $69K | $109K | 15x | as long as short |
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
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
Polymarket Perps XRP-USD
Bullet XRP-USD
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
GMX XRP/USD [ETH-USDC]
Backpack XRP_USDC_PERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD
Phoenix XRP