Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Polymarket Perps+0.093%48s7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as 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−$370.373% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)−0.384%−$38 · spread now +0.093%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.123% dearer against Polymarket Perps than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.030%. The two prices were read 48 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 | 1.5045 | 0.0100 | pay 0.0013% / 1h | 21m 37s | $51K | $489K | 20x |
| Short | Gate XRP_USDT | 1.5059 | 0.0100 | get 0.0100% / 8h | 2h 21m | $369.4M | $159.7M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- Price spread: +0.093% → −0.030%
- $12.29
- Slippage, 4 orders
- −$14.3
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$25.02
- Costs to cover
- 0.373%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 26 min ago; Gate: 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, 26 min ago | 2.32 bp | 7.0 bp −$7 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.33 bp | 9.1 bp −$9 | 13.1 bp −$131 | 27.0 bp −$2,698 | 37.5 bp −$18.8K |
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 | 1.5027 | −0.120% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5053 | +0.054% | $14.1M | $74.8M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5050 | +0.031% | $1.1M | $130K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.4980 | −0.432% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5039 | −0.039% | $243K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.423% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.5038 | −0.048% | $787K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0082% | 1h | 1.5056 | +0.073% | $7.7M | $25.6M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5042 | −0.020% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5053 | +0.053% | $2.8M | $15.0M | 20x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5058 | +0.086% | $545K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5053 | +0.053% | $10K | $359K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5038 | −0.043% | $945K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5062 | +0.115% | $287.3M | $261.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5055 | +0.066% | $38.3M | $87.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5057 | +0.081% | $602K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5058 | +0.089% | $523.2M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5058 | +0.086% | $342.7M | $964.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5062 | +0.113% | $125.0M | $879.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.4996 | −0.326% | $560K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5067 | +0.146% | $144K | $712K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5026 | −0.123% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDTshort | +0.0100% | 8h | 1.5059 | +0.093% | $369.4M | $159.7M | 100x | |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5063 | +0.120% | $286.5M | $921.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5054 | +0.060% | $104.9M | $180.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5059 | +0.093% | $264.1M | $397.0M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5061 | +0.106% | — | $106.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.4960 | −0.565% | $4.7M | $38.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.4951 | −0.623% | $649K | $112.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.4988 | −0.382% | $1.1M | $37.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.4945 | −0.665% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5037 | −0.054% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USDlong | +0.0100% | 1h | 1.5045 | long leg | $51K | $489K | 20x | |
| Bullet XRP-USD | +0.0100% | 1h | 1.5043 | −0.013% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5047 | +0.013% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5050 | +0.034% | $810K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5054 | +0.062% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5054 | +0.060% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5041 | −0.030% | $49.2M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5050 | +0.033% | $53.7M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5063 | +0.123% | $470K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5054 | +0.060% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5052 | +0.047% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0160% | 8h | 1.5037 | −0.053% | $1.7M | $35.8M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0173% | 1h | 1.5068 | +0.153% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5056 | +0.073% | $5.6M | $48.3M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0192% | 1h | 1.5000 | −0.296% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5039 | −0.040% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5005 | −0.266% | $23.2M | $76.4M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5065 | +0.135% | $518K | $786K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0624% | 1h | 1.5011 | −0.229% | $2K | $16K | 10x | as long as short |
Polymarket Perps XRP-USD
Gate XRP_USDT
Kraken Futures PF_XRPUSD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD