XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Polymarket Perps against dYdX+0.036%133s7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as 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−$400.402% of the position

Long on dYdX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.132%+$13 on $10k

Price spread, last 4 days (all we have)+0.340%+$34 · spread now +0.036%, 7d avg +0.024%

Together, before fees+0.472%+$47 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 133 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	dYdX XRP-USD	1.5327	0	get 0.0000% / 1h	3m 28s	$1.1M	$154K	10x
Short	Polymarket Perps XRP-USD	1.5332	0.0100	get 0.0013% / 1h	3m 28s	$52K	$470K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.036%Rate

Funding earned: $21
Price spread: +0.036% → +0.024%: $1.18
Slippage, 4 orders: −$22.2
Fee dYdX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$18.02
Costs to cover: 0.402%
Break-even: 13.0 days

Slippage from dYdX: live order book, 4 min ago; Polymarket Perps: live order book, 42 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 dYdX live order book, 4 min ago	9.14 bp	14.1 bp −$14	14.1 bp −$141	34.0 bp −$3,396	81.3 bp −$40.6K
Sell Polymarket Perps live order book, 42 min ago	1.96 bp	6.0 bp −$6	8.4 bp −$84	doesn't fit	doesn't fit

XRP on 51 exchanges

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	1.5387	+0.395%	$5K	$4K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0062%	1h	1.5327	+0.004%	$13.8M	$69.3M	50x	as long as short
dYdX XRP-USDlong	0.0000%	1h	1.5327	long leg	$1.1M	$154K	10x
01 Exchange XRPUSD	0.0000%	1h	1.5335	+0.055%	$9K	$987	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5330	+0.023%	$69K	$108K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5327	+0.003%	$7.7M	$20.1M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5323	−0.024%	$242K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.523%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0080%	1h	1.5322	−0.028%	$17K	$70K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5329	+0.015%	$2.8M	$14.2M	20x	as long as short

Show all 51 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5332	+0.036%	$599K	$3.2M	20x	as long as short
Paradex XRP-USD-PERP	+0.0099%	8h	1.5329	+0.013%	$478K	$47K	50x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5325	−0.010%	$10K	$410K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5324	−0.020%	$838K	$6.0M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5342	+0.101%	$297.6M	$264.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5330	+0.023%	$39.0M	$79.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5328	+0.010%	$589K	$987K	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5329	+0.018%	$533.4M	$2.04B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5332	+0.036%	$361.5M	$859.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5331	+0.029%	$124.2M	$824.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5313	−0.088%	$562K	$37K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5331	+0.029%	$163K	$694K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5331	+0.029%	$377.8M	$161.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5330	+0.023%	$317.6M	$909.4M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5331	+0.031%	$105.0M	$180.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5330	+0.023%	$271.4M	$349.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5329	+0.016%	—	$97.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5324	−0.013%	$4.9M	$38.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5321	−0.036%	$667K	$107.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5326	−0.006%	$1.1M	$32.7M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5330	+0.023%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5329	+0.018%	—	$15K	10x	as long as short
Polymarket Perps XRP-USDshort	+0.0100%	1h	1.5332	+0.036%	$52K	$470K	20x
Bullet XRP-USD	+0.0100%	1h	1.5330	+0.021%	$41K	$64K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5333	+0.042%	$83K	$601K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5303	−0.154%	$823K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5331	+0.027%	$129K	$1.5M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5324	−0.016%	$32K	$1.4M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5322	−0.030%	$49.9M	$13.2M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5323	−0.023%	$54.7M	$33.2M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5324	−0.013%	$1.6M	$66K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5321	−0.033%	$2.2M	$6.0M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5318	−0.052%	$59K	$25K	3x	as long as short
Coinbase International XRP-PERP-INTX	+0.0112%	1h	1.5329	+0.016%	$5.5M	$42.6M	50x	as long as short
Kalshi KXXRPPERP	+0.0116%	8h	1.5333	+0.042%	$1.9M	$35.4M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0160%	1h	1.5336	+0.062%	$2.0M	$1.2M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5328	+0.010%	$23.7M	$77.6M	125x	as long as short
Reya XRPRUSDPERP	+0.0224%	1h	1.5320	−0.045%	$1.4M	$1K	15x	as long as short
RISEx XRP/USDC	+0.0239%	1h	1.5329	+0.015%	$507K	$723K	10x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0245% / S −0.0472%	1h	1.5328	+0.009%	$886K	—	200x	as long as short
Aftermath Perps XRPUSD	+0.0371%	1h	1.5314	−0.080%	$3K	$13K	10x	as long as short