Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Polymarket Perps−0.038%47s7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as 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−$610.615% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 4 days (all we have)−0.236%−$24 · spread now −0.038%, 7d avg −0.027%
=The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 47 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 | 1.5156 | 0.0100 | pay 0.0013% / 1h | 31m 40s | $47K | $489K | 20x |
| Short | dYdX XRP-USD | 1.5150 | 0 | get 0.0000% / 1h | 31m 40s | $1.1M | $148K | 10x |
Polymarket Perps XRP-USD
dYdX XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.038% → −0.027%
- −$1.05
- Slippage, 4 orders
- −$43.49
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$83.54
- Costs to cover
- 0.615%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 11 min ago; dYdX: live order book, 2 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, 11 min ago | 1.98 bp | 6.6 bp −$7 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 2 min ago | 18.83 bp | 23.8 bp −$24 | 23.8 bp −$238 | 51.6 bp −$5,158 | 283.3 bp −$141.6K |
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 | 1.5168 | +0.079% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USDshort | 0.0000% | 1h | 1.5150 | −0.038% | $1.1M | $148K | 10x | |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.092% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5147 | −0.063% | $245K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5152 | −0.026% | $7.7M | $24.9M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5150 | −0.043% | $14.4M | $75.1M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.666% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0084% / S −0.0033% | 1h | 1.5152 | −0.027% | $799K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5156 | −0.003% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5154 | −0.013% | $545K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange XRPUSD | +0.0096% | 1h | 1.5163 | +0.046% | $8K | $2K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5158 | +0.013% | $10K | $371K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5149 | −0.043% | $978K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5157 | +0.009% | $38.5M | $87.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5159 | +0.021% | $616K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5161 | +0.030% | $531.5M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5160 | +0.026% | $345.7M | $962.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5161 | +0.033% | $127.1M | $882.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5151 | −0.033% | $564K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5166 | +0.066% | $143K | $714K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5158 | +0.013% | $376.2M | $160.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5164 | +0.053% | $300.1M | $923.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5156 | +0.003% | $107.4M | $181.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5162 | +0.040% | $267.5M | $396.9M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5158 | +0.013% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5146 | −0.067% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5160 | +0.026% | $660K | $113.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5158 | +0.013% | $1.1M | $36.6M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5169 | +0.086% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5158 | +0.016% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USDlong | +0.0100% | 1h | 1.5156 | long leg | $47K | $489K | 20x | |
| Bullet XRP-USD | +0.0100% | 1h | 1.5156 | +0.001% | $41K | $71K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5152 | −0.026% | $65K | $774K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5148 | −0.050% | $815K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5159 | +0.020% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5149 | −0.046% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5169 | +0.083% | $49.5M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5150 | −0.040% | $54.2M | $32.5M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5157 | +0.007% | $1.6M | $5K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5163 | +0.043% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5156 | −0.001% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5149 | −0.048% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0152% | 1h | 1.5142 | −0.089% | $17K | $79K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0168% | 1h | 1.5158 | +0.013% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5159 | +0.020% | $5.7M | $48.3M | 50x | as long as short |
| Hyperliquid XRP | +0.0180% | 1h | 1.5165 | +0.059% | $288.4M | $264.7M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0206% | 8h | 1.5159 | +0.020% | $1.7M | $35.2M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5149 | −0.044% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5170 | +0.092% | $23.6M | $77.9M | 125x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5166 | +0.066% | $524K | $798K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0599% | 1h | 1.5161 | +0.031% | $2K | $16K | 10x | as long as short |
01 Exchange XRPUSD
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
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
Bulk XRP-USD
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hyperliquid XRP
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD