Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: Polymarket Perps against GRVT+0.239%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$260.256% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 3 days (all we have)−0.035%−$3 · spread now +0.239%, 7d avg +0.036%
=Together, before fees−0.099%+ Points / potential airdropGRVT: Active · farm board−$10 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 0.204% dearer against GRVT than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT XRP_USDT_Perp | 1.5319 | 0.0100 | pay 0.0100% / 8h | 1m 20s | $1.1M | $40.0M | 20x |
| Short | Polymarket Perps XRP-USD | 1.5356 | 0.0100 | get 0.0013% / 1h | 1m 20s | $48K | $458K | 20x |
GRVT XRP_USDT_Perp
Polymarket Perps XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against GRVT. 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: +0.239% → +0.036%
- $20.38
- Slippage, 4 orders
- −$8.65
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$5.27
- Costs to cover
- 0.256%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; Polymarket Perps: live order book, 11 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 GRVT live order book, 3 min ago | 0.33 bp | 7.1 bp −$7 | 15.8 bp −$158 | 50.5 bp −$5,054 | doesn't fit |
| Sell Polymarket Perps live order book, 11 min ago | 1.63 bp | 5.6 bp −$6 | 8.3 bp −$83 | doesn't fit | doesn't fit |
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 | 1.5350 | +0.200% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5343 | +0.157% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5350 | +0.200% | $68K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5355 | +0.235% | $257K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0007% / S +0.0090% | 1h | 1.5354 | +0.226% | $842K | — | 200x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5373 | +0.349% | $14.9M | $70.2M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0061% | 8h | 1.5365 | +0.298% | $75K | $910K | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0075% | 1h | 1.5376 | +0.370% | $9.3M | $25.7M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +1.571% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5350 | +0.199% | $2.9M | $13.8M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
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 | 1.5350 | +0.200% | $512K | $3.3M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5347 | +0.177% | $1.0M | $5.6M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5350 | +0.202% | $38.8M | $82.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5350 | +0.201% | $632K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5360 | +0.264% | $542.1M | $2.07B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5365 | +0.298% | $340.7M | $931.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5364 | +0.292% | $125.9M | $886.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5320 | +0.004% | $571K | $47K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5348 | +0.187% | $117K | $706K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5333 | +0.090% | $1.7M | $570K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5354 | +0.226% | $362.8M | $149.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5356 | +0.239% | $303.7M | $901.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5354 | +0.228% | $108.8M | $166.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5373 | +0.350% | $268.9M | $377.9M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5353 | +0.220% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5346 | +0.177% | $6.4M | $35.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5324 | +0.028% | $665K | $106.3M | 30x | as long as short |
| GRVT XRP_USDT_Perplong | +0.0100% | 8h | 1.5319 | long leg | $1.1M | $40.0M | 20x | |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5328 | +0.057% | $1.0M | $902K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5348 | +0.187% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USDshort | +0.0100% | 1h | 1.5356 | +0.239% | $48K | $458K | 20x | |
| Bullet XRP-USD | +0.0100% | 1h | 1.5356 | +0.238% | $41K | $69K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5369 | +0.321% | $827K | $82K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5371 | +0.336% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5373 | +0.350% | $30K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5366 | +0.302% | $50.4M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5372 | +0.344% | $54.8M | $29.6M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5348 | +0.186% | $478K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5344 | +0.161% | $12K | $271K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5365 | +0.295% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5363 | +0.286% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5347 | +0.181% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0213% | 1h | 1.5353 | +0.217% | $1.4M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5374 | +0.357% | $24.1M | $75.1M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5384 | +0.422% | $5.8M | $47.1M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0265% | 1h | 1.5358 | +0.252% | $1.7M | $1.1M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0304% | 1h | 1.5341 | +0.140% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0314% | 8h | 1.5343 | +0.154% | $2.3M | $35.2M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0553% | 1h | 1.5369 | +0.324% | $290.6M | $216.0M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5352 | +0.214% | $525K | $746K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0781% | 1h | 1.5335 | +0.100% | $1K | $11K | 10x | as long as short |
Lighter RH XRP
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-USDC
Variational Omni XRP
edgeX XRPUSDC
ApeX Omni XRPUSDT
Vest XRP-PERP
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD