XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.027%

Price spread now: Ondo Perps against Deribit−0.269%7-day average −0.072% · you buy dearer than you sell

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

Long on Deribit Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.174%−$17 on $10k

Price spread, last 3 days (all we have)+0.356%+$36 · spread now −0.269%, 7d avg −0.072%

Together, before fees+0.182%+ Points / potential airdropOndo Perps: Active · farm board+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.197% cheaper against Deribit than usual: you would sell low and buy high (spread −0.269% now, against its 7-day average of −0.072%). If the spread goes back, that is −$20 on $10k: about 7.4 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.174%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit XRP_USDC-PERPETUAL	1.5256	0.0012	pay 0.0002% / 1h	2m 27s	$9.2M	$24.9M	50x
Short	Ondo Perps XRP-USD.P	1.5215	0.0100	get 0.0013% / 1h	2m 27s	$571K	$42K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Deribit. 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 DeribitbpFee Ondo PerpsbpOrdersPrice spread, now −0.269%Rate

Funding earned: $18.48
Price spread: −0.269% → −0.072%: −$19.65
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$13.17
Costs to cover: 0.120%
Break-even: 12.0 days

Slippage unknown: Deribit: live order book, 2 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 Deribit live order book, 2 min ago	0.98 bp	4.9 bp −$5	19.2 bp −$192	doesn't fit	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	1.5241	−0.098%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5241	−0.102%	$1.1M	$116K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5250	−0.042%	$255K	—	150x	as long as short
Deribit XRP_USDC-PERPETUALlong	+0.0012%	1h	1.5256	long leg	$9.2M	$24.9M	50x
GMX XRP/USD [ETH-USDC]	L +0.0019% / S +0.0071%	1h	1.5245	−0.071%	$836K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.993%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0065%	8h	1.5253	−0.020%	$57K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5243	−0.085%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5259	+0.023%	$2.8M	$14.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5265	+0.059%	$511K	$3.3M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5245	−0.072%	$9K	$282K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5237	−0.124%	$475K	$55K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5253	−0.020%	$1.0M	$5.6M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5252	−0.025%	$38.5M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5250	−0.038%	$627K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5252	−0.026%	$538.8M	$2.06B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5242	−0.092%	$340.2M	$921.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5241	−0.098%	$122.9M	$864.2M	100x	as long as short
Ondo Perps XRP-USD.Pshort	+0.0100%	1h	1.5215	−0.269%	$571K	$42K	5x
Arcus XRP-USD	+0.0100%	1h	1.5235	−0.138%	$114K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5350	+0.614%	$1.7M	$327K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5235	−0.138%	$366.5M	$153.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5242	−0.092%	$300.1M	$917.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5255	−0.007%	$110.4M	$167.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5241	−0.098%	$267.4M	$376.2M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5236	−0.131%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5315	+0.385%	$6.5M	$35.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5348	+0.604%	$666K	$106.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5328	+0.471%	$1.1M	$37.7M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5318	+0.406%	$1.2M	$998K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5247	−0.057%	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5249	−0.046%	$45K	$448K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5250	−0.037%	$41K	$67K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5256	+0.002%	$821K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5263	+0.043%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5253	−0.020%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5251	−0.033%	$50.0M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5240	−0.105%	$54.1M	$29.5M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5229	−0.174%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5256	0.000%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5242	−0.091%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5232	−0.157%	$24.0M	$73.7M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5251	−0.033%	$5.7M	$46.4M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0245%	1h	1.5246	−0.066%	$14.4M	$70.3M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0302%	1h	1.5263	+0.046%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0312%	1h	1.5315	+0.390%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0323%	8h	1.5263	+0.046%	$2.0M	$34.7M	2.9x	as long as short
Hyperliquid XRP	+0.0362%	1h	1.5256	0.000%	$287.3M	$215.8M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5330	+0.485%	$68K	$110K	15x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5239	−0.110%	$539K	$777K	10x	as long as short
Aftermath Perps XRPUSD	+0.0857%	1h	1.5325	+0.453%	$2K	$13K	10x	as long as short