Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Polymarket Perps against Extended+0.041%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$460.456% of the position
Funding, last 7 days−0.105%−$10 on $10k
+Price spread, last 4 days (all we have)+0.675%+$67 · spread now +0.041%, 7d avg +0.054%
=Together, before fees+0.570%+ Points / potential airdropExtended: Active · farm board+$57 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XRP-USD | 1.5377 | 0.0104 | pay 0.0013% / 1h | 11m 26s | $2.1M | $6.2M | 50x |
| Short | Polymarket Perps XRP-USD | 1.5383 | 0.0100 | get 0.0013% / 1h | 11m 26s | $53K | $502K | 20x |
Extended XRP-USD
Polymarket Perps XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Extended. 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
- −$0.84
- Price spread: +0.041% → +0.054%
- −$1.37
- Slippage, 4 orders
- −$32.57
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$47.78
- Costs to cover
- 0.456%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Polymarket Perps: live order book, 7 min ago.
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 Extended live order book, 3 min ago | 0.33 bp | 2.8 bp −$3 | 4.6 bp −$46 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 7 min ago | 1.96 bp | 12.9 bp −$13 | 13.7 bp −$137 | doesn't fit | doesn't fit |
XRP on 50 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 | −0.0170% | 1h | 1.5371 | −0.040% | $14.1M | $74.7M | 50x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5351 | −0.167% | $5K | $3K | 20x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5350 | −0.174% | $69K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5374 | −0.018% | $7.9M | $22.6M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5389 | +0.078% | $250K | — | 150x | as long as short |
| dYdX XRP-USD | +0.0006% | 1h | 1.5377 | +0.001% | $1.1M | $123K | 10x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.192% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0072% | 1h | 1.5370 | −0.045% | $17K | $78K | 7x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5380 | +0.021% | $9K | $2K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5382 | +0.032% | $2.8M | $14.7M | 20x | as long as short |
Kraken Futures PF_XRPUSD
Hotstuff XRP-PERP
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
dYdX XRP-USD
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
01 Exchange XRPUSD
Lighter XRPShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5385 | +0.054% | $625K | $3.1M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5372 | −0.031% | $20K | $378K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5385 | +0.057% | $480K | $52K | 50x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5379 | +0.018% | $1.0M | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5378 | +0.006% | $39.0M | $82.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5382 | +0.035% | $619K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5380 | +0.021% | $537.4M | $2.12B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5380 | +0.021% | $357.2M | $909.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5379 | +0.015% | $126.6M | $841.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5373 | −0.024% | $564K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5385 | +0.054% | $161K | $702K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5316 | −0.396% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5381 | +0.028% | $379.2M | $157.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5381 | +0.028% | $319.1M | $931.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5382 | +0.033% | $108.7M | $180.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5381 | +0.028% | $273.1M | $361.0M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5388 | +0.073% | — | $106.6M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5344 | −0.211% | $4.8M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5339 | −0.245% | $666K | $113.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5356 | −0.133% | $1.1M | $32.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5347 | −0.193% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5382 | +0.033% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USDshort | +0.0100% | 1h | 1.5383 | +0.041% | $53K | $502K | 20x | |
| Bullet XRP-USD | +0.0100% | 1h | 1.5384 | +0.048% | $41K | $66K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5372 | −0.031% | $78K | $646K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5371 | −0.037% | $129K | $1.6M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5369 | −0.050% | $31K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5358 | −0.121% | $50.1M | $14.3M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5371 | −0.037% | $54.5M | $33.3M | 50x | as long as short |
| Extended XRP-USDlong | +0.0104% | 1h | 1.5377 | long leg | $2.1M | $6.2M | 50x | |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5366 | −0.073% | $59K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0134% / S −0.0096% | 1h | 1.5370 | −0.046% | $789K | — | 200x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5371 | −0.037% | $5.3M | $46.5M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0172% | 8h | 1.5360 | −0.109% | $1.7M | $32.7M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0180% | 1h | 1.5396 | +0.125% | $295.0M | $265.9M | 20x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5334 | −0.278% | $23.8M | $78.0M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5331 | −0.297% | $1.4M | $4K | 15x | as long as short |
| Backpack XRP_USDC_PERP | +0.0227% | 1h | 1.5387 | +0.067% | $2.0M | $1.3M | 25x | as long as short |
| RISEx XRP/USDC | +0.0337% | 1h | 1.5383 | +0.038% | $526K | $783K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0515% | 1h | 1.5335 | −0.272% | $3K | $15K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Paradex XRP-USD-PERP
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
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
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
BloFin XRP-USDT
Reya XRPRUSDPERP
Backpack XRP_USDC_PERP
RISEx XRP/USDC
Aftermath Perps XRPUSD