XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Polymarket Perps against gTrade (Gains Network)+0.108%7-day average +0.014% · 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−$277as in the Price arb table

costs, in and out, $10k−$2862.861% of the position

Long on gTrade (Gains Network)Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.090%+$9 on $10k

Price spread, last 3 days (all we have)−0.143%−$14 · spread now +0.108%, 7d avg +0.014%

Together, before fees−0.054%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.094% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XRP/USD	1.5565	L +0.0003% / S −0.0004%	pay 0.0000% / 1h	23m 34s	$260K	—	150x
Short	Polymarket Perps XRP-USD	1.5582	0.0100	get 0.0013% / 1h	23m 34s	$46K	$445K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee Polymarket PerpsbpOrdersPrice spread, now +0.108%Rate

Funding earned: $20.31
Price spread: +0.108% → +0.014%: $9.42
Slippage, 4 orders: −$268.14
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$256.41
Costs to cover: 2.861%
Break-even: 95.4 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 61 min ago; Polymarket Perps: live order book, 59 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 gTrade (Gains Network) virtual book (oracle venue), 61 min ago	130.03 bp	135.0 bp −$135	208.0 bp −$2,080	1906.1 bp −$190.6K	9819.7 bp −$4.91M
Sell Polymarket Perps live order book, 59 min ago	2.27 bp	6.9 bp −$7	9.8 bp −$98	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	1.5573	+0.050%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5577	+0.075%	$1.1M	$112K	10x	as long as short
gTrade (Gains Network) XRP/USDlong	L +0.0003% / S −0.0004%	1h	1.5565	long leg	$260K	—	150x
Deribit XRP_USDC-PERPETUAL	+0.0007%	1h	1.5587	+0.140%	$9.6M	$25.3M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−1.768%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5583	+0.112%	$15.5M	$68.8M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0053% / S +0.0121%	1h	1.5583	+0.117%	$1.1M	—	200x	as long as short
Orderly PERP_XRP_USDC	+0.0054%	8h	1.5581	+0.102%	$79K	$946K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5580	+0.096%	$3.0M	$12.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5570	+0.031%	$441K	$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
Nado XRP-PERP	+0.0100%	1h	1.5572	+0.044%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5580	+0.094%	$39.5M	$78.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5575	+0.062%	$641K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5590	+0.162%	$560.8M	$1.97B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5579	+0.089%	$348.4M	$896.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5579	+0.089%	$127.9M	$881.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5556	−0.059%	$578K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5591	+0.166%	$119K	$740K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5586	+0.134%	$374.7M	$140.3M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5572	+0.044%	$297.7M	$854.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5589	+0.152%	$114.0M	$159.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5573	+0.050%	$271.8M	$363.2M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5586	+0.134%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5537	−0.184%	$11.7M	$30.1M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5544	−0.134%	$676K	$101.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5571	+0.037%	$1.1M	$41.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5557	−0.053%	$1.0M	$883K	50x	as long as short
Polymarket Perps XRP-USDshort	+0.0100%	1h	1.5582	+0.108%	$46K	$445K	20x
Bullet XRP-USD	+0.0100%	1h	1.5571	+0.037%	$42K	$66K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5585	+0.125%	$839K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5582	+0.105%	$130K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5584	+0.121%	$33K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5577	+0.077%	$51.2M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5574	+0.057%	$55.4M	$29.2M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5477	−0.569%	$1.7M	$578K	20x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5572	+0.042%	—	$10K	10x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5565	−0.001%	$485K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5586	+0.134%	$12K	$259K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5584	+0.124%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5580	+0.094%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0176%	1h	1.5595	+0.191%	$8K	$8K	10x	as long as short
Hibachi XRP/USDT-P	+0.0200%	1h	1.5585	+0.127%	$18K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5569	+0.022%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5587	+0.140%	$5.8M	$47.4M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5554	−0.072%	$24.6M	$73.7M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0287%	1h	1.5580	+0.095%	$1.8M	$1.0M	25x	as long as short
Kalshi KXXRPPERP	+0.0322%	8h	1.5586	+0.134%	$1.9M	$32.8M	2.9x	as long as short
Phoenix XRP	+0.0516%	1h	1.5570	+0.031%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5601	+0.230%	$511K	$630K	10x	as long as short
Hyperliquid XRP	+0.0600%	1h	1.5588	+0.146%	$291.8M	$202.6M	20x	as long as short
Aftermath Perps XRPUSD	+0.0732%	1h	1.5555	−0.064%	$1K	$11K	10x	as long as short