XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0384%/8h= +42.0% APRnext payment +$0.48 per $10,000 · paid last 24h +0.117%

Price spread now: RISEx against Polymarket Perps−0.029%7-day average +0.020% · 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−$28as in the Price arb table

costs, in and out, $10k−$230.229% of the position

Long on Polymarket Perps Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.319%+$32 on $10k

Price spread, last 4 days (all we have)−0.583%−$58 · spread now −0.029%, 7d avg +0.020%

Together, before fees−0.264%−$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.049% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.020%). If the spread goes back, that is −$5 on $10k: about 10 hours of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps XRP-USD	1.5112	0.0100	pay 0.0013% / 1h	46m 22s	$42K	$448K	20x
Short	RISEx XRP/USDC	1.5108	0.0484	get 0.0060% / 1h	46m 22s	$526K	$769K	10x

Funding 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 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 Polymarket PerpsbpFee RISExbpOrdersPrice spread, now −0.029%Rate

Funding earned: $80.58
Price spread: −0.029% → +0.020%: −$4.88
Slippage, 4 orders: −$8.91
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $52.79
Costs to cover: 0.229%
Break-even: 2.4 days

Slippage from Polymarket Perps: live order book, 16 min ago; RISEx: live order book, 17 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, 16 min ago	0.99 bp	8.0 bp −$8	11.0 bp −$110	doesn't fit	doesn't fit
Sell RISEx live order book, 17 min ago	0.73 bp	3.7 bp −$4	7.1 bp −$71	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	1.5094	−0.119%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5095	−0.114%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5108	−0.027%	$253K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0027% / S +0.0048%	1h	1.5110	−0.013%	$798K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.965%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5113	+0.007%	$62K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5103	−0.060%	$8K	$8K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0081%	1h	1.5094	−0.119%	$7.7M	$25.2M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5100	−0.078%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5104	−0.053%	$508K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5095	−0.112%	$10K	$305K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5111	−0.004%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5120	+0.053%	$280.0M	$221.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5100	−0.077%	$38.3M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5099	−0.083%	$606K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5114	+0.013%	$535.8M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5114	+0.013%	$342.4M	$924.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5117	+0.033%	$125.0M	$863.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5109	−0.020%	$562K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5104	−0.053%	$114K	$707K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5087	−0.169%	$1.6M	$161K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5110	−0.013%	$368.8M	$150.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5114	+0.013%	$293.6M	$893.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5111	−0.003%	$106.5M	$170.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5110	−0.013%	$265.9M	$380.0M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5102	−0.066%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5141	+0.189%	$6.0M	$36.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5108	−0.028%	$656K	$109.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5143	+0.202%	$1.1M	$35.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5110	−0.013%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5109	−0.019%	—	$11K	10x	as long as short
Polymarket Perps XRP-USDlong	+0.0100%	1h	1.5112	long leg	$42K	$448K	20x
Bullet XRP-USD	+0.0100%	1h	1.5113	+0.007%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5095	−0.110%	$812K	$75K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5106	−0.038%	$126K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5089	−0.152%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5103	−0.060%	$49.5M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5092	−0.132%	$53.7M	$29.9M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5094	−0.121%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5095	−0.113%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5114	+0.013%	$58K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5109	−0.019%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5090	−0.146%	$5.6M	$46.2M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0217%	1h	1.5098	−0.093%	$1.9M	$1.3M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5093	−0.126%	—	$74.4M	125x	as long as short
Kraken Futures PF_XRPUSD	+0.0274%	1h	1.5086	−0.174%	$14.4M	$72.8M	50x	as long as short
Hibachi XRP/USDT-P	+0.0304%	1h	1.5100	−0.082%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0356%	8h	1.5107	−0.033%	$2.1M	$35.0M	2.9x	as long as short
RISEx XRP/USDCshort	+0.0484%	1h	1.5108	−0.029%	$526K	$769K	10x
Phoenix XRP	+0.0528%	1h	1.5130	+0.119%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0723%	1h	1.5116	+0.026%	$2K	$14K	10x	as long as short