Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against Ondo Perps+0.026%7-day average +0.076% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)+0.207%+$21 · spread now +0.026%, 7d avg +0.076%
=Together, before fees+0.250%+ Points / potential airdropOndo Perps: Active · farm board+$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.050% cheaper against Ondo Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps XRP-USD.P | 1.5159 | 0.0100 | pay 0.0013% / 1h | 5m 10s | $564K | $35K | 5x |
| Short | Polymarket Perps XRP-USD | 1.5163 | 0.0100 | get 0.0013% / 1h | 5m 10s | $51K | $488K | 20x |
Ondo Perps XRP-USD.P
Polymarket Perps XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.026% → +0.076%
- −$4.97
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$17.97
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Polymarket Perps: live order book, 42 min ago. 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 Polymarket Perps live order book, 42 min ago | 2.32 bp | 8.2 bp −$8 | 10.2 bp −$102 | doesn't fit | doesn't fit |
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 | 1.5172 | +0.086% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5160 | +0.003% | $14.4M | $74.9M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5168 | +0.061% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5180 | +0.139% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5160 | +0.006% | $245K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.645% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0074% / S −0.0019% | 1h | 1.5160 | +0.009% | $799K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5159 | 0.000% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5164 | +0.033% | $7.7M | $25.3M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5164 | +0.033% | $2.8M | $15.1M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5165 | +0.040% | $548K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5155 | −0.026% | $11K | $361K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5164 | +0.036% | $1.0M | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5161 | +0.013% | $38.5M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5167 | +0.052% | $603K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5164 | +0.033% | $527.1M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5163 | +0.026% | $344.3M | $965.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5161 | +0.013% | $126.4M | $890.8M | 100x | as long as short |
| Ondo Perps XRP-USD.Plong | +0.0100% | 1h | 1.5159 | long leg | $564K | $35K | 5x | |
| Arcus XRP-USD | +0.0100% | 1h | 1.5166 | +0.046% | $143K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5132 | −0.179% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5162 | +0.020% | $374.7M | $162.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5163 | +0.026% | $298.4M | $929.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5163 | +0.023% | $107.1M | $181.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5160 | +0.007% | $266.6M | $399.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5162 | +0.020% | — | $106.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5166 | +0.045% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5167 | +0.052% | $659K | $114.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5163 | +0.026% | $1.1M | $36.6M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5174 | +0.099% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5164 | +0.030% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USDshort | +0.0100% | 1h | 1.5163 | +0.026% | $51K | $488K | 20x | |
| Bullet XRP-USD | +0.0100% | 1h | 1.5161 | +0.016% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5159 | 0.000% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5161 | +0.014% | $816K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5163 | +0.026% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5159 | 0.000% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5162 | +0.022% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5159 | 0.000% | $54.1M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5167 | +0.054% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5153 | −0.038% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5158 | −0.003% | $58K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0145% | 1h | 1.5175 | +0.106% | $289.6M | $264.2M | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.0184% | 1h | 1.5172 | +0.085% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5168 | +0.059% | $5.7M | $48.6M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0208% | 1h | 1.5172 | +0.086% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0218% | 8h | 1.5170 | +0.073% | $1.7M | $35.5M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5153 | −0.038% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5159 | 0.000% | $23.2M | $77.6M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5164 | +0.030% | $518K | $790K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0581% | 1h | 1.5151 | −0.054% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Hyperliquid XRP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD