XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0728%/8h= +79.7% APRnext payment +$0.91 per $10,000 · paid last 24h +0.109%

Price spread now: RISEx against Polymarket Perps+0.034%52s7-day average +0.019% · 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—prices read too far apart to compare

costs, in and out, $10k−$220.224% of the position

Long on Polymarket Perps Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.305%+$31 on $10k

Price spread, last 3 days (all we have)−0.196%−$20 · spread now +0.034%, 7d avg +0.019%

Together, before fees+0.109%+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$22 a day on $10k at the current rate. 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	Polymarket Perps XRP-USD	1.5298	0.0100	pay 0.0013% / 1h	47m 39s	$48K	$443K	20x
Short	RISEx XRP/USDC	1.5303	0.0828	get 0.0103% / 1h	47m 39s	$506K	$755K	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 +0.034%Rate

Funding earned: $152.84
Price spread: +0.034% → +0.019%: $1.48
Slippage, 4 orders: −$8.45
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $131.87
Costs to cover: 0.224%
Break-even: 1.0 days

Slippage from Polymarket Perps: live order book, 25 min ago; RISEx: live order book, 26 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, 25 min ago	1.63 bp	8.1 bp −$8	10.7 bp −$107	doesn't fit	doesn't fit
Sell RISEx live order book, 26 min ago	1.37 bp	4.4 bp −$4	9.0 bp −$90	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	1.5311	+0.085%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5297	−0.005%	$1.1M	$113K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5296	−0.013%	$256K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0010% / S +0.0086%	1h	1.5292	−0.038%	$838K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.713%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0061%	8h	1.5297	−0.007%	$75K	$910K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0077%	1h	1.5299	+0.007%	$9.3M	$25.5M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5302	+0.026%	$2.8M	$13.7M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5304	+0.039%	$511K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5300	+0.013%	$11K	$276K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XRP-USD-PERP	+0.0100%	8h	1.5298	+0.001%	$477K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5305	+0.042%	$1.0M	$5.6M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5309	+0.071%	$38.7M	$83.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5304	+0.039%	$619K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5299	+0.009%	$538.0M	$2.07B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5299	+0.007%	$340.1M	$929.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5299	+0.007%	$124.7M	$877.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5292	−0.039%	$572K	$48K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5302	+0.026%	$116K	$710K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5306	+0.049%	$1.6M	$562K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5295	−0.020%	$372.2M	$148.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5297	−0.007%	$296.3M	$895.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5296	−0.010%	$108.5M	$167.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5297	−0.007%	$267.8M	$376.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5301	+0.020%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5329	+0.203%	$6.4M	$35.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5308	+0.062%	$665K	$107.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5387	+0.582%	$1.1M	$39.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5333	+0.229%	$1.0M	$906K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5298	−0.002%	—	$10K	10x	as long as short
Polymarket Perps XRP-USDlong	+0.0100%	1h	1.5298	long leg	$48K	$443K	20x
Bullet XRP-USD	+0.0100%	1h	1.5293	−0.032%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5297	−0.007%	$823K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5300	+0.011%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5293	−0.033%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5291	−0.044%	$50.2M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5295	−0.020%	$54.4M	$29.7M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5296	−0.011%	$2.1M	$7.2M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5303	+0.033%	$8K	$8K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5295	−0.020%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0213%	1h	1.5293	−0.031%	$1.4M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5308	+0.065%	$23.9M	$74.4M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5297	−0.007%	$5.8M	$46.2M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0238%	1h	1.5303	+0.033%	$1.9M	$1.3M	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0244%	1h	1.5290	−0.055%	$14.5M	$70.6M	50x	as long as short
Hibachi XRP/USDT-P	+0.0296%	1h	1.5308	+0.067%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0316%	8h	1.5307	+0.059%	$2.0M	$35.3M	2.9x	as long as short
Hyperliquid XRP	+0.0420%	1h	1.5316	+0.118%	$290.2M	$216.1M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5400	+0.667%	$69K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0795%	1h	1.5340	+0.272%	$2K	$12K	10x	as long as short
RISEx XRP/USDCshort	+0.0828%	1h	1.5303	+0.034%	$506K	$755K	10x