Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against Polymarket Perps+0.078%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 4 days (all we have)−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.326%−$33 · spread now +0.078%, 7d avg −0.013%
=Together, before fees−0.328%+ Points / potential airdropParadex: Active · farm board−$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.091% dearer against Polymarket Perps than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps XRP-USD | 1.5040 | 0.0100 | pay 0.0013% / 1h | 34m 20s | $51K | $493K | 20x |
| Short | Paradex XRP-USD-PERP | 1.5052 | 0.0100 | get 0.0100% / 8h | 2h 34m | $469K | $55K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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: +0.078% → −0.013%
- $9.07
- Slippage, 4 orders
- −$15.74
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$18.66
- Costs to cover
- 0.277%
- Break-even
- 154764489.7 days
Slippage from Polymarket Perps: live order book, 13 min ago; Paradex: live order book, 15 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, 13 min ago | 2.32 bp | 7.0 bp −$7 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Paradex live order book, 15 min ago | 4.30 bp | 6.3 bp −$6 | 142.9 bp −$1,429 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5041 | +0.007% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5079 | +0.258% | $14.2M | $75.2M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5042 | +0.012% | $1.1M | $115K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5070 | +0.199% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5030 | −0.066% | $7.6M | $25.7M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5030 | −0.067% | $257K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.457% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.5028 | −0.079% | $787K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5045 | +0.033% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5043 | +0.017% | $2.8M | $14.9M | 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 | 1.5045 | +0.033% | $495K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5033 | −0.047% | $11K | $359K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5044 | +0.030% | $914K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5047 | +0.047% | $288.4M | $258.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5033 | −0.044% | $38.3M | $86.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5044 | +0.029% | $603K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5028 | −0.077% | $526.8M | $2.19B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5027 | −0.086% | $341.3M | $958.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5028 | −0.080% | $124.3M | $889.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5036 | −0.027% | $560K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5046 | +0.040% | $136K | $715K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5057 | +0.112% | $1.6M | $30K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5030 | −0.066% | $368.4M | $157.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5034 | −0.040% | $285.8M | $911.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5043 | +0.019% | $106.4M | $180.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5026 | −0.093% | $265.2M | $396.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5031 | −0.060% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5067 | +0.181% | $4.7M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5056 | +0.107% | $654K | $111.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5067 | +0.179% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5062 | +0.146% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5045 | +0.035% | — | $13K | 10x | as long as short |
| Polymarket Perps XRP-USDlong | +0.0100% | 1h | 1.5040 | long leg | $51K | $493K | 20x | |
| Bullet XRP-USD | +0.0100% | 1h | 1.5029 | −0.073% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5027 | −0.086% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5024 | −0.106% | $808K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5084 | +0.295% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5080 | +0.266% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5080 | +0.265% | $49.3M | $15.8M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5075 | +0.233% | $53.7M | $31.8M | 50x | as long as short |
| Paradex XRP-USD-PERPshort | +0.0100% | 8h | 1.5052 | +0.078% | $469K | $55K | 50x | |
| Extended XRP-USD | +0.0104% | 1h | 1.5039 | −0.010% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5025 | −0.103% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0123% | 8h | 1.5083 | +0.286% | $1.7M | $35.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0176% | 1h | 1.5077 | +0.246% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5085 | +0.299% | $5.6M | $48.5M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0216% | 1h | 1.5080 | +0.267% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5032 | −0.051% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5079 | +0.259% | $23.5M | $76.2M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5046 | +0.038% | $513K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0601% | 1h | 1.5061 | +0.142% | $2K | $15K | 10x | as long as short |
Polymarket Perps XRP-USD
Paradex XRP-USD-PERP
Kraken Futures PF_XRPUSD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
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
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
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD