Funding you earn now, next payment 03:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against Polymarket Perps−0.020%45s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$310.308% of the position
Funding, last 7 days+0.198%+$20 on $10k
+Price spread, last 4 days (all we have)−0.519%−$52 · spread now −0.020%, 7d avg −0.002%
=The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 45 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 | Polymarket Perps XRP-USD | 1.5164 | 0.0100 | pay 0.0013% / 1h | 33m 43s | $42K | $449K | 20x |
| Short | BloFin XRP-USDT | 1.5161 | 0.0220 | get 0.0220% / 8h | 5h 33m | $24.3M | $74.9M | 125x |
Polymarket Perps XRP-USD
BloFin XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Polymarket 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
- $25.2
- Price spread: −0.020% → −0.002%
- −$1.82
- Slippage, 4 orders
- −$10.76
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$7.38
- Costs to cover
- 0.308%
- Break-even
- 9.0 days
Slippage from Polymarket Perps: live order book, 29 min ago; BloFin: live order book, 10 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 Polymarket Perps live order book, 29 min ago | 0.99 bp | 8.0 bp −$8 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 10 min ago | 1.65 bp | 7.7 bp −$8 | 8.2 bp −$82 | 15.0 bp −$1,502 | 30.4 bp −$15.2K |
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 | 1.5161 | −0.020% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5171 | +0.049% | $1.1M | $110K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5164 | −0.002% | $253K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0033% / S +0.0045% | 1h | 1.5164 | −0.002% | $819K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.611% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5163 | −0.007% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0075% | 8h | 1.5170 | +0.040% | $62K | $935K | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5174 | +0.066% | $7.7M | $25.4M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5180 | +0.103% | $2.8M | $14.4M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5179 | +0.099% | $513K | $3.3M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
01 Exchange XRPUSD
Orderly PERP_XRP_USDC
Deribit XRP_USDC-PERPETUAL
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5154 | −0.066% | $10K | $308K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5168 | +0.030% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5188 | +0.158% | $281.3M | $220.8M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5178 | +0.089% | $38.5M | $83.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5183 | +0.124% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5182 | +0.119% | $538.2M | $2.09B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5183 | +0.125% | $344.5M | $925.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5185 | +0.138% | $125.7M | $868.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5112 | −0.343% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5162 | −0.013% | $115K | $707K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5156 | −0.052% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5174 | +0.066% | $370.4M | $151.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5183 | +0.125% | $293.9M | $897.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5177 | +0.088% | $106.9M | $171.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5175 | +0.073% | $267.2M | $380.5M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5173 | +0.059% | — | $126.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5151 | −0.089% | $5.7M | $36.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5123 | −0.272% | $657K | $109.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5134 | −0.198% | $1.1M | $35.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5125 | −0.257% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5162 | −0.011% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USDlong | +0.0100% | 1h | 1.5164 | long leg | $42K | $449K | 20x | |
| Bullet XRP-USD | +0.0100% | 1h | 1.5166 | +0.013% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5172 | +0.054% | $816K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5171 | +0.043% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5170 | +0.040% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5170 | +0.036% | $49.6M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5179 | +0.099% | $54.0M | $30.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5183 | +0.128% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5170 | +0.041% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5169 | +0.031% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0204% | 1h | 1.5183 | +0.125% | $1.9M | $1.3M | 25x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5162 | −0.011% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5174 | +0.066% | $5.6M | $46.5M | 50x | as long as short |
| BloFin XRP-USDTshort | +0.0220% | 8h | 1.5161 | −0.020% | $24.3M | $74.9M | 125x | |
| Hibachi XRP/USDT-P | +0.0272% | 1h | 1.5163 | −0.005% | $17K | $82K | 7x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0273% | 1h | 1.5172 | +0.050% | $14.5M | $73.1M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0353% | 8h | 1.5162 | −0.013% | $2.2M | $34.9M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0484% | 1h | 1.5167 | +0.017% | $516K | $776K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5130 | −0.224% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0687% | 1h | 1.5144 | −0.135% | $2K | $14K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
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
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Kraken Futures PF_XRPUSD
Kalshi KXXRPPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD