Funding you earn now, next payment 07:00 UTC−0.0216%/8h= −23.7% APRnext payment −$0.27 per $10,000 · paid last 24h −0.117%
Price spread now: Polymarket Perps against RISEx−0.070%52s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$240.243% of the position
Funding, last 4 days (all we have)−0.333%−$33 on $10k
+Price spread, last 4 days (all we have)+0.233%+$23 · spread now −0.070%, 7d avg −0.021%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Polymarket Perps is 0.050% cheaper against RISEx than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.021%). Swap the legs. The two prices were read 52 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 | RISEx XRP/USDC | 1.5234 | 0.0316 | pay 0.0040% / 1h | 3m 34s | $530K | $806K | 10x |
| Short | Polymarket Perps XRP-USD | 1.5223 | 0.0100 | get 0.0013% / 1h | 3m 34s | $50K | $510K | 20x |
RISEx XRP/USDC
Polymarket Perps XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against RISEx. 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
- −$45.42
- Price spread: −0.070% → −0.021%
- −$4.97
- Slippage, 4 orders
- −$10.3
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$74.69
- Costs to cover
- 0.243%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 40 min ago; Polymarket Perps: live order book, 39 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 RISEx live order book, 40 min ago | 2.24 bp | 5.2 bp −$5 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 39 min ago | 1.98 bp | 7.2 bp −$7 | 10.0 bp −$100 | 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 | 1.5226 | −0.051% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5225 | −0.057% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5220 | −0.090% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5219 | −0.093% | $246K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0024% | 1h | 1.5221 | −0.082% | $14.5M | $74.6M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.142% | $2K | $107K | 30x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0079% | 1h | 1.5225 | −0.057% | $7.8M | $24.5M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0092% / S −0.0048% | 1h | 1.5220 | −0.092% | $785K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5228 | −0.038% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5228 | −0.037% | $546K | $3.2M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Deribit XRP_USDC-PERPETUAL
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 | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5222 | −0.077% | $11K | $370K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5225 | −0.057% | $1.0M | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5230 | −0.025% | $38.6M | $87.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5229 | −0.032% | $617K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5232 | −0.011% | $534.5M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5227 | −0.044% | $349.2M | $960.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5231 | −0.018% | $128.1M | $881.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5220 | −0.090% | $567K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5235 | +0.009% | $145K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5223 | −0.068% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5228 | −0.037% | $378.1M | $162.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5230 | −0.024% | $313.2M | $933.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5226 | −0.053% | $108.3M | $183.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5225 | −0.057% | $269.2M | $395.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5224 | −0.064% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5235 | +0.007% | $4.8M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5225 | −0.055% | $662K | $114.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5225 | −0.055% | $1.1M | $35.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5227 | −0.044% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5229 | −0.028% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USDshort | +0.0100% | 1h | 1.5223 | −0.070% | $50K | $510K | 20x | |
| Bullet XRP-USD | +0.0100% | 1h | 1.5222 | −0.076% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5224 | −0.064% | $75K | $686K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5224 | −0.063% | $819K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5230 | −0.028% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5222 | −0.077% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5224 | −0.063% | $49.7M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5227 | −0.044% | $54.5M | $32.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5232 | −0.008% | $475K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5222 | −0.074% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5220 | −0.087% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0120% | 1h | 1.5237 | +0.022% | $9K | $2K | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0120% | 1h | 1.5241 | +0.045% | $17K | $79K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0172% | 1h | 1.5234 | +0.002% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5226 | −0.051% | $5.7M | $48.3M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0217% | 8h | 1.5225 | −0.057% | $1.8M | $34.8M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0217% | 1h | 1.5240 | +0.041% | $290.3M | $266.5M | 20x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5215 | −0.121% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5227 | −0.044% | $23.7M | $78.0M | 125x | as long as short |
| RISEx XRP/USDClong | +0.0316% | 1h | 1.5234 | long leg | $530K | $806K | 10x | |
| Aftermath Perps XRPUSD | +0.0704% | 1h | 1.5236 | +0.015% | $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-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
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Hyperliquid XRP
Reya XRPRUSDPERP
BloFin XRP-USDT
Aftermath Perps XRPUSD