XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: Ondo Perps against Coinbase International+0.185%7-day average −0.076% · you sell dearer than you buy

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

Long on Coinbase International Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.112%−$11 on $10k

Price spread, last 4 days (all we have)+0.333%+$33 · spread now +0.185%, 7d avg −0.076%

Together, before fees+0.221%+ Points / potential airdropOndo Perps: Active · farm board+$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Ondo Perps is 0.261% dearer against Coinbase International than usual: you sell high and buy low (spread +0.185% now, against its 7-day average of −0.076%): +$26 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International XRP-PERP-INTX	1.5147	0.0192	pay 0.0024% / 1h	38m 44s	$5.6M	$47.1M	50x
Short	Ondo Perps XRP-USD.P	1.5175	0.0100	get 0.0013% / 1h	38m 44s	$563K	$28K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Coinbase International. 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 Coinbase InternationalbpFee Ondo PerpsbpOrdersPrice spread, now +0.185%Rate

Funding earned: −$19.32
Price spread: +0.185% → −0.076%: $26.1
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$8.22
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 5 min ago; 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 Coinbase International live order book, 5 min ago	0.33 bp	8.3 bp −$8	11.0 bp −$110	26.2 bp −$2,624	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

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	1.5162	+0.099%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0071%	1h	1.5137	−0.064%	$14.3M	$73.8M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5146	−0.007%	$1.1M	$114K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5150	+0.020%	$67K	$110K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5141	−0.040%	$7.7M	$25.6M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5149	+0.015%	$253K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.727%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0040% / S +0.0030%	1h	1.5150	+0.021%	$788K	—	200x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5153	+0.040%	$8K	$8K	10x	as long as short
Orderly PERP_XRP_USDC	+0.0080%	8h	1.5141	−0.040%	$62K	$935K	50x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XRP	+0.0096%	1h	1.5150	+0.020%	$2.8M	$14.6M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5149	+0.013%	$510K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0097%	8h	1.5142	−0.033%	$10K	$321K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5147	−0.003%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5157	+0.066%	$281.4M	$225.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5147	0.000%	$38.3M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5149	+0.015%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5145	−0.012%	$533.6M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5146	−0.007%	$344.6M	$931.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5147	0.000%	$125.9M	$874.3M	100x	as long as short
Ondo Perps XRP-USD.Pshort	+0.0100%	1h	1.5175	+0.185%	$563K	$28K	5x
Arcus XRP-USD	+0.0100%	1h	1.5107	−0.264%	$113K	$717K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5146	−0.008%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5146	−0.007%	$369.8M	$153.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5148	+0.007%	$289.5M	$897.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5144	−0.020%	$107.9M	$173.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5153	+0.040%	$267.7M	$384.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5149	+0.013%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5148	+0.005%	$5.4M	$37.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5151	+0.028%	$658K	$108.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5180	+0.218%	$1.1M	$35.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5149	+0.013%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5157	+0.066%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5154	+0.046%	$43K	$452K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5151	+0.027%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5140	−0.047%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5147	+0.003%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5139	−0.053%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5139	−0.051%	$49.5M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5142	−0.033%	$54.0M	$30.6M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5148	+0.006%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5144	−0.022%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5137	−0.064%	$58K	$25K	3x	as long as short
Hibachi XRP/USDT-P	+0.0160%	1h	1.5172	+0.164%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0163%	1h	1.5151	+0.026%	$1.9M	$1.3M	25x	as long as short
Coinbase International XRP-PERP-INTXlong	+0.0192%	1h	1.5147	long leg	$5.6M	$47.1M	50x
Reya XRPRUSDPERP	+0.0216%	1h	1.5151	+0.027%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5141	−0.040%	$24.1M	$76.0M	125x	as long as short
Kalshi KXXRPPERP	+0.0316%	8h	1.5164	+0.112%	$2.1M	$34.4M	2.9x	as long as short
RISEx XRP/USDC	+0.0352%	1h	1.5152	+0.034%	$516K	$779K	10x	as long as short
Aftermath Perps XRPUSD	+0.0665%	1h	1.5155	+0.053%	$2K	$15K	10x	as long as short