XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.054%

Price spread now: Hotstuff against Ondo Perps+0.118%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · Hotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hotstuff is 0.118% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.118% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps XRP-USD.P	1.5204	0.0100	pay 0.0013% / 1h	42m 39s	$566K	$33K	5x
Short	Hotstuff XRP-PERP	1.5222	−0.0080	pay 0.0010% / 1h	42m 39s	$5K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now +0.118%Rate

Funding earned: −$37.8
Price spread: +0.118% → 0.000%: $11.84
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$35.96
Costs to cover: 0.100%
Break-even: from the start

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

Ondo Perps and Hotstuff: 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
Kraken Futures PF_XRPUSD	−0.0171%	1h	1.5204	0.000%	$14.7M	$75.5M	50x	as long as short
Hotstuff XRP-PERPshort	−0.0080%	1h	1.5222	+0.118%	$5K	$3K	20x
dYdX XRP-USD	0.0000%	1h	1.5218	+0.090%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5230	+0.171%	$68K	$110K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5206	+0.013%	$7.7M	$23.9M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5205	+0.003%	$247K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.341%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0072%	1h	1.5207	+0.020%	$17K	$78K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5208	+0.026%	$2.8M	$14.5M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5211	+0.046%	$620K	$3.1M	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	1.5209	+0.033%	$20K	$383K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5207	+0.023%	$994K	$6.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5216	+0.079%	$38.5M	$84.8M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5208	+0.026%	$612K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5220	+0.105%	$530.9M	$2.18B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5216	+0.079%	$355.0M	$946.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5218	+0.092%	$126.8M	$856.5M	100x	as long as short
Ondo Perps XRP-USD.Plong	+0.0100%	1h	1.5204	long leg	$566K	$33K	5x
Arcus XRP-USD	+0.0100%	1h	1.5221	+0.112%	$144K	$708K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5227	+0.154%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5211	+0.046%	$375.1M	$152.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5205	+0.007%	$312.5M	$913.6M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5208	+0.025%	$106.6M	$183.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5209	+0.033%	$269.6M	$383.2M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5212	+0.053%	—	$108.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5218	+0.092%	$4.8M	$38.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5218	+0.089%	$661K	$113.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5223	+0.123%	$1.1M	$33.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5223	+0.125%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5214	+0.065%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5210	+0.039%	$52K	$513K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5202	−0.013%	$41K	$68K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5204	0.000%	$78K	$648K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5210	+0.040%	$818K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5211	+0.047%	$127K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5202	−0.013%	$28K	$1.5M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5206	+0.011%	$49.6M	$15.2M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5205	+0.007%	$54.4M	$32.7M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5212	+0.054%	$474K	$54K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5210	+0.037%	$2.1M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5202	−0.012%	$58K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0116% / S −0.0080%	1h	1.5205	+0.007%	$788K	—	200x	as long as short
01 Exchange XRPUSD	+0.0128%	1h	1.5220	+0.105%	$9K	$2K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0160%	1h	1.5207	+0.020%	$5.6M	$47.8M	50x	as long as short
Kalshi KXXRPPERP	+0.0174%	8h	1.5221	+0.112%	$1.7M	$33.4M	2.9x	as long as short
Hyperliquid XRP	+0.0181%	1h	1.5219	+0.101%	$290.7M	$267.9M	20x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5200	−0.026%	$23.6M	$77.7M	125x	as long as short
Reya XRPRUSDPERP	+0.0221%	1h	1.5199	−0.031%	$1.3M	$4K	15x	as long as short
Backpack XRP_USDC_PERP	+0.0244%	1h	1.5217	+0.086%	$2.0M	$1.4M	25x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5219	+0.101%	$522K	$798K	10x	as long as short
Aftermath Perps XRPUSD	+0.0545%	1h	1.5218	+0.094%	$3K	$16K	10x	as long as short