XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Variational Omni against Polymarket Perps+0.292%7-day average −0.038% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.808%−$81 · spread now +0.292%, 7d avg −0.038%

Together, before fees−0.810%+ Points / potential airdropVariational Omni: Active · farm board−$81 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.330% dearer against Polymarket Perps than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps XRP-USD	1.5111	0.0100	pay 0.0013% / 1h	42m 24s	$45K	$453K	20x
Short	Variational Omni XRP	1.5155	0.0100	get 0.0100% / 8h	6h 42m	$6.2M	$35.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.292%Rate

Funding earned: $0
Price spread: +0.292% → −0.038%: $33.03
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $25.03
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Polymarket Perps: live order book, 25 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

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	1.95 bp	6.5 bp −$7	9.8 bp −$98	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.01 bp	doesn't fit	7.8 bp −$78	30.8 bp −$3,078	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	1.5114	+0.020%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5109	−0.013%	$1.1M	$120K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5160	+0.324%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5101	−0.064%	$252K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0023% / S +0.0064%	1h	1.5100	−0.075%	$828K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.971%	$2K	$107K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0040%	1h	1.5135	+0.160%	$14.6M	$72.4M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0069%	8h	1.5109	−0.013%	$57K	$945K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0080%	1h	1.5139	+0.185%	$9.0M	$25.0M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5113	+0.013%	$2.8M	$14.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5115	+0.026%	$517K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0100%	8h	1.5105	−0.040%	$10K	$306K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5117	+0.043%	$880K	$5.8M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5105	−0.040%	$38.4M	$84.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5116	+0.030%	$609K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5107	−0.026%	$534.8M	$2.10B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5108	−0.020%	$336.4M	$939.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5108	−0.020%	$123.6M	$869.3M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5084	−0.179%	$564K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5115	+0.026%	$115K	$723K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5183	+0.475%	$1.6M	$305K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5107	−0.026%	$367.4M	$150.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5102	−0.060%	$290.8M	$900.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5108	−0.019%	$107.9M	$171.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5102	−0.060%	$264.0M	$384.3M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5104	−0.046%	—	$127.0M	—	as long as short
Variational Omni XRPshort	+0.0100%	8h	1.5155	+0.292%	$6.2M	$35.8M	—
edgeX XRPUSDC	+0.0100%	4h	1.5178	+0.444%	$660K	$108.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5150	+0.257%	$1.1M	$38.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5185	+0.490%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5117	+0.041%	—	$12K	10x	as long as short
Polymarket Perps XRP-USDlong	+0.0100%	1h	1.5111	long leg	$45K	$453K	20x
Bullet XRP-USD	+0.0100%	1h	1.5105	−0.041%	$41K	$69K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5109	−0.011%	$813K	$74K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5155	+0.291%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5139	+0.185%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5135	+0.157%	$49.6M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5130	+0.126%	$53.7M	$29.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5113	+0.012%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5102	−0.061%	$2.0M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5105	−0.037%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0136%	1h	1.5110	−0.007%	$8K	$8K	10x	as long as short
Hyperliquid XRP	+0.0173%	1h	1.5119	+0.053%	$279.9M	$223.8M	20x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5108	−0.018%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5145	+0.225%	$5.7M	$46.5M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5193	+0.543%	$24.0M	$75.2M	125x	as long as short
Hibachi XRP/USDT-P	+0.0328%	1h	1.5150	+0.255%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0335%	8h	1.5156	+0.298%	$2.1M	$36.0M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0358%	1h	1.5134	+0.152%	$1.9M	$1.3M	25x	as long as short
RISEx XRP/USDC	+0.0456%	1h	1.5110	−0.005%	$535K	$782K	10x	as long as short
Aftermath Perps XRPUSD	+0.0803%	1h	1.5154	+0.285%	$2K	$14K	10x	as long as short