Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.020%
Price spread now: Polymarket Perps against Injective+1.373%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 1.373% dearer against Injective than usual: you sell high and buy low: +$137 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.154%, so the current rate has only just turned in your favour. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XRP/USDC PERP | 1.5290 | 0.0033 | pay 0.0004% / 1h | 34m 21s | $2K | $86K | 30x |
| Short | Polymarket Perps XRP-USD | 1.5500 | 0.0100 | get 0.0013% / 1h | 34m 21s | $46K | $445K | 20x |
Injective XRP/USDC PERP
Polymarket Perps XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Injective. 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
- $14
- Price spread: +1.373% → 0.000%
- $137.34
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $143.32
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 48 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 Injective no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 48 min ago | 2.27 bp | 6.9 bp −$7 | 9.8 bp −$98 | doesn't fit | doesn't fit |
Injective: 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 | 1.5561 | +1.772% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5550 | +1.702% | $1.1M | $104K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5542 | +1.648% | $9.6M | $25.2M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5532 | +1.581% | $260K | — | 150x | as long as short |
| Injective XRP/USDC PERPlong | +0.0033% | 1h | 1.5290 | long leg | $2K | $86K | 30x | |
| Kraken Futures PF_XRPUSD | +0.0041% | 1h | 1.5545 | +1.669% | $15.6M | $68.4M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0053% | 8h | 1.5541 | +1.642% | $78K | $941K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0082% / S +0.0130% | 1h | 1.5530 | +1.569% | $915K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5543 | +1.656% | $3.0M | $12.0M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5558 | +1.753% | $456K | $3.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
GMX XRP/USD [ETH-USDC]
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5496 | +1.351% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5512 | +1.455% | $39.4M | $77.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5556 | +1.743% | $671K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5520 | +1.501% | $558.9M | $1.95B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5533 | +1.589% | $349.1M | $886.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5540 | +1.635% | $127.2M | $873.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5561 | +1.772% | $580K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5548 | +1.687% | $118K | $732K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5683 | +2.570% | $1.7M | $616K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5517 | +1.485% | $374.5M | $138.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5497 | +1.354% | $289.4M | $840.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5506 | +1.414% | $113.7M | $157.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5542 | +1.648% | $270.5M | $359.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5533 | +1.589% | — | $116.9M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5595 | +1.993% | $11.8M | $30.1M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5600 | +2.026% | $677K | $100.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5597 | +2.008% | $1.1M | $41.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5645 | +2.322% | $1.0M | $880K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5515 | +1.470% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USDshort | +0.0100% | 1h | 1.5500 | +1.373% | $46K | $445K | 20x | |
| Bullet XRP-USD | +0.0100% | 1h | 1.5504 | +1.400% | $42K | $64K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5542 | +1.647% | $837K | $79K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5509 | +1.432% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5541 | +1.642% | $32K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5525 | +1.538% | $51.0M | $15.3M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5540 | +1.635% | $55.4M | $29.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5555 | +1.732% | $485K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5534 | +1.596% | $12K | $249K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5540 | +1.633% | $2.2M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5541 | +1.640% | $72K | $40K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0144% | 1h | 1.5580 | +1.900% | $18K | $81K | 7x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5528 | +1.557% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0211% | 1h | 1.5495 | +1.340% | $1.4M | $9K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5552 | +1.714% | $5.8M | $46.8M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5551 | +1.707% | $24.5M | $73.2M | 125x | as long as short |
| Backpack XRP_USDC_PERP | +0.0282% | 1h | 1.5571 | +1.838% | $1.8M | $978K | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0317% | 8h | 1.5564 | +1.792% | $1.9M | $32.4M | 2.9x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5600 | +2.027% | $69K | $90K | 15x | as long as short |
| RISEx XRP/USDC | +0.0527% | 1h | 1.5544 | +1.660% | $509K | $621K | 10x | as long as short |
| Hyperliquid XRP | +0.0596% | 1h | 1.5516 | +1.478% | $290.0M | $200.2M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0697% | 1h | 1.5607 | +2.073% | $1K | $11K | 10x | as long as short |
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
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
Hibachi XRP/USDT-P
01 Exchange XRPUSD
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Phoenix XRP
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD