Funding you earn now, next payment 09:00 UTC+0.0237%/8h= +25.9% APRnext payment +$0.30 per $10,000 · paid last 24h +0.115%
Price spread now: RISEx against Polymarket Perps+0.020%7-day average +0.021% · 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−$25as in the Price arb table
costs, in and out, $10k−$250.251% of the position
Funding, last 4 days (all we have)+0.339%+$34 on $10k
+Price spread, last 4 days (all we have)−0.632%−$63 · spread now +0.020%, 7d avg +0.021%
=The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps XRP-USD | 1.5152 | 0.0100 | pay 0.0013% / 1h | 29m 16s | $52K | $509K | 20x |
| Short | RISEx XRP/USDC | 1.5155 | 0.0337 | get 0.0042% / 1h | 29m 16s | $519K | $788K | 10x |
Polymarket Perps XRP-USD
RISEx XRP/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $49.67
- Price spread: +0.020% → +0.021%
- −$0.07
- Slippage, 4 orders
- −$11.13
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $24.47
- Costs to cover
- 0.251%
- Break-even
- 3.6 days
Slippage from Polymarket Perps: live order book, 68 min ago; RISEx: live order book, 4 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, 68 min ago | 1.65 bp | 7.4 bp −$7 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 4 min ago | 2.41 bp | 5.4 bp −$5 | 10.5 bp −$105 | 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 | −0.0172% | 1h | 1.5158 | +0.042% | $14.7M | $74.5M | 50x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5146 | −0.040% | $5K | $3K | 20x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.119% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5151 | −0.008% | $246K | — | 150x | as long as short |
| dYdX XRP-USD | +0.0010% | 1h | 1.5159 | +0.043% | $1.1M | $158K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5162 | +0.066% | $7.7M | $23.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.693% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0072% | 1h | 1.5146 | −0.038% | $17K | $78K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5156 | +0.028% | $2.8M | $14.6M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5159 | +0.046% | $618K | $3.1M | 20x | as long as short |
Kraken Futures PF_XRPUSD
Hotstuff XRP-PERP
Phoenix XRP
gTrade (Gains Network) XRP/USD
dYdX 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 | 1.5143 | −0.059% | $20K | $381K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5149 | −0.023% | $990K | $6.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5154 | +0.014% | $38.5M | $84.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5157 | +0.032% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5159 | +0.046% | $528.4M | $2.17B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5155 | +0.020% | $352.8M | $938.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5157 | +0.033% | $125.8M | $848.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5125 | −0.178% | $556K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5156 | +0.026% | $143K | $708K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5201 | +0.323% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5153 | +0.007% | $377.0M | $154.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5148 | −0.026% | $312.8M | $917.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5154 | +0.016% | $105.8M | $183.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5155 | +0.020% | $267.9M | $380.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5157 | +0.033% | — | $108.5M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5142 | −0.066% | $4.8M | $38.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5143 | −0.060% | $658K | $112.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5143 | −0.060% | $1.1M | $33.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5148 | −0.026% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5156 | +0.026% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USDlong | +0.0100% | 1h | 1.5152 | long leg | $52K | $509K | 20x | |
| Bullet XRP-USD | +0.0100% | 1h | 1.5154 | +0.013% | $41K | $68K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5160 | +0.053% | $77K | $648K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5150 | −0.016% | $815K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5162 | +0.066% | $127K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5158 | +0.040% | $29K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5148 | −0.026% | $49.5M | $14.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5160 | +0.053% | $54.0M | $32.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5159 | +0.045% | $473K | $54K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5153 | +0.005% | $2.1M | $6.7M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5150 | −0.013% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5157 | +0.034% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0119% / S −0.0085% | 1h | 1.5151 | −0.005% | $785K | — | 200x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0160% | 1h | 1.5161 | +0.059% | $5.3M | $47.7M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0168% | 8h | 1.5150 | −0.013% | $1.7M | $33.2M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0178% | 1h | 1.5162 | +0.066% | $289.8M | $268.0M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0200% | 1h | 1.5166 | +0.092% | $2.0M | $1.3M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5144 | −0.053% | $23.7M | $77.4M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0221% | 1h | 1.5147 | −0.031% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDCshort | +0.0337% | 1h | 1.5155 | +0.020% | $519K | $788K | 10x | |
| Aftermath Perps XRPUSD | +0.0554% | 1h | 1.5172 | +0.131% | $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
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
Aftermath Perps XRPUSD