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: Extended against Polymarket Perps−0.062%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.201% of the position
Funding, last 7 days+0.105%+$10 on $10k
+Price spread, last 4 days (all we have)−1.366%−$137 · spread now −0.062%, 7d avg −0.055%
=Together, before fees−1.261%+ Points / potential airdropExtended: Active · farm board−$126 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps XRP-USD | 1.5204 | 0.0100 | pay 0.0013% / 1h | 57m 03s | $52K | $514K | 20x |
| Short | Extended XRP-USD | 1.5195 | 0.0104 | get 0.0013% / 1h | 57m 03s | $2.1M | $6.9M | 50x |
Polymarket Perps XRP-USD
Extended XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.062% → −0.055%
- −$0.63
- Slippage, 4 orders
- −$7.07
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$19.86
- Costs to cover
- 0.201%
- Break-even
- 172.5 days
Slippage from Polymarket Perps: live order book, 41 min ago; Extended: 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, 41 min ago | 1.65 bp | 7.4 bp −$7 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.33 bp | 2.8 bp −$3 | 5.6 bp −$56 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XRPUSD | −0.0171% | 1h | 1.5200 | −0.026% | $14.7M | $73.7M | 50x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5188 | −0.105% | $5K | $3K | 20x | as long as short |
| Phemex XRPUSDT | −0.0029% | 8h | 1.5200 | −0.026% | $54.1M | $32.5M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5186 | −0.116% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5201 | −0.020% | $247K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0013% | 1h | 1.5205 | +0.007% | $7.7M | $23.9M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.341% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0080% | 1h | 1.5173 | −0.204% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5204 | 0.000% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5205 | +0.007% | $606K | $3.1M | 20x | as long as short |
Kraken Futures PF_XRPUSD
Hotstuff XRP-PERP
Phemex XRPUSDT
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
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 | 1.5196 | −0.053% | $20K | $382K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5187 | −0.115% | $995K | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5203 | −0.007% | $38.6M | $86.0M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5193 | −0.074% | $611K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5205 | +0.005% | $530.8M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5206 | +0.013% | $353.2M | $949.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5208 | +0.026% | $127.4M | $864.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5175 | −0.191% | $564K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5207 | +0.020% | $144K | $715K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5190 | −0.095% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5206 | +0.013% | $378.6M | $151.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5209 | +0.033% | $312.1M | $910.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5207 | +0.019% | $106.5M | $183.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5204 | 0.000% | $269.7M | $389.1M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5206 | +0.013% | — | $108.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5167 | −0.240% | $4.8M | $38.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5175 | −0.187% | $659K | $112.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5189 | −0.101% | $1.1M | $33.6M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5173 | −0.204% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5200 | −0.027% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USDlong | +0.0100% | 1h | 1.5204 | long leg | $52K | $514K | 20x | |
| Bullet XRP-USD | +0.0100% | 1h | 1.5205 | +0.009% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5203 | −0.007% | $78K | $689K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5172 | −0.207% | $816K | $77K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5198 | −0.037% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5200 | −0.026% | $29K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5202 | −0.013% | $49.6M | $15.3M | 75x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5203 | −0.005% | $474K | $55K | 50x | as long as short |
| Extended XRP-USDshort | +0.0104% | 1h | 1.5195 | −0.062% | $2.1M | $6.9M | 50x | |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5200 | −0.026% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0112% / S −0.0075% | 1h | 1.5203 | −0.010% | $788K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0112% | 1h | 1.5206 | +0.013% | $9K | $2K | 10x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5207 | +0.020% | $5.6M | $48.1M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0161% | 8h | 1.5202 | −0.013% | $1.7M | $33.6M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0198% | 1h | 1.5218 | +0.092% | $290.6M | $268.3M | 20x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5204 | 0.000% | $23.7M | $77.8M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5197 | −0.049% | $1.3M | $4K | 15x | as long as short |
| Backpack XRP_USDC_PERP | +0.0286% | 1h | 1.5218 | +0.092% | $2.0M | $1.4M | 25x | as long as short |
| RISEx XRP/USDC | +0.0337% | 1h | 1.5209 | +0.035% | $522K | $795K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5180 | −0.158% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0568% | 1h | 1.5187 | −0.109% | $2K | $16K | 10x | as long as short |
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
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
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Paradex XRP-USD-PERP
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
BloFin XRP-USDT
Reya XRPRUSDPERP
Backpack XRP_USDC_PERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD