RWA Perp

live

X Layer (Orderly Network order book) · Perpetual DEX funding rates, fees and arbitrage pairs on RWA Perp.

Visit RWA Perp

Plain link — no referral.

Fees (taker / maker)
5 / 1.5 bps
Funding interval
every 8h
Markets tracked
136
Points program
1M a week

Key facts

Status
live
Type
Decentralized exchange (DEX)
Chain
X Layer (Orderly Network order book)
Fees (taker / maker)
5 / 1.5 bps
From our collector settings, not rechecked against current docs. Orderly front ends set their own fees, and RWA markets have a separate scale.
Funding interval
every 8h
Set per market: 4 hours (settles at 00/04/08/12/16/20 UTC) or 8 hours (00/08/16 UTC).
Points program
1,000,000 points a week, scored on volume, fees paid, trading days, open-interest quality, net deposits, balance and holding time; weights are not published. Self-trades, wash trades and linked accounts do not count (B2B API docs, 19 Aug 2026).
Markets tracked
136
Restricted regions
None listed — check the exchange's terms for your country.

Notes

Shares the Orderly order book; many markets are thin. In Aug 2026 only BTC, ETH and SOL had enough depth for trades of about $1k. The app shows fewer markets than the API lists.

Top pairs with RWA Perp

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
ETHlong Lighter, short RWA PerpLighterRWA Perp−1.2%2.6%9.3%9.2%6.7%10.0%3.9dcooling$6.7M1h/8hLiRwcalc
SOLlong RWA Perp, short HyperliquidRWA PerpHyperliquid8.2%6.2%11.4%5.9%6.4%9.7%6.1dsteady$1.3M8h/1hRwHycalc
SOLlong RWA Perp, short OndoRWA PerpOndo8.2%7.7%10.3%5.9%6.3%9.5%5.3dsteady$770k8h/1hRwOncalc
SOLlong RWA Perp, short GRVTRWA PerpGRVT8.2%7.6%11.3%6.9%6.3%9.5%6.1dsteady$1.3MRwGrcalc
SOLlong RWA Perp, short ExtendedRWA PerpExtended8.6%8.2%10.0%5.0%6.1%9.2%5.5dsteady$1.3M8h/1hRwExcalc
ETHlong Aster, short RWA PerpAsterRWA Perp7.7%2.1%10.3%19.6%5.6%8.4%6.4dsteady$645kAsRwcalc
SOLlong RWA Perp, short VariationalRWA PerpVariational8.2%7.5%7.9%3.8%5.3%7.9%4.6dsteady$1.3Mspread not incl.RwVacalc
SOLlong Lighter, short RWA PerpLighterRWA Perp−7.8%−7.3%12.3%0.8%9.7%14.6%3.0dmixed$1.3M1h/8hLiRwcalc
ETHlong MEXC, short RWA PerpMEXCCEXRWA Perp5.2%0.6%8.1%11.1%4.4%6.6%6.3dsteady$6.7MMxRwcalc
SOLlong RWA Perp, short BitgetRWA PerpBitgetCEX8.2%7.7%10.1%2.4%4.3%6.5%8.0dsteady$1.3MRwBgcalc
BTClong RWA Perp, short GRVTRWA PerpGRVT14.0%10.3%9.0%3.4%4.0%6.0%7.7dsteady$2.2MRwGrcalc
SOLlong RWA Perp, short PolymarketRWA PerpPolymarket8.2%6.9%8.4%3.6%3.7%5.5%7.9dsteady$795k8h/1hinvite onlyRwPmcalc
BTClong RWA Perp, short RISExRWA PerpRISEx2.2%12.7%7.7%6.5%3.5%5.3%7.6dsteady$2.2M8h/1hRwRxcalc
ETHlong Lighter RH, short RWA PerpLighter RHRWA Perp5.8%5.0%6.1%6.9%3.4%5.2%6.0dsteady$6.7M1h/8hLrRwcalc
BTClong RWA Perp, short OndoRWA PerpOndo14.0%5.8%7.1%4.7%3.1%4.7%7.8dsteady$2.2M8h/1hRwOncalc
ETHlong Binance, short RWA PerpBinanceCEXRWA Perp5.3%2.1%8.3%10.8%3.1%4.6%8.8dsteady$6.7MBnRwcalc
ETHlong RISEx, short RWA PerpRISExRWA Perp2.0%−7.0%7.2%6.8%3.1%4.6%8.1dcooling$6.7M1h/8hRxRwcalc
BTClong RWA Perp, short ExtendedRWA PerpExtended14.5%8.9%6.4%1.5%2.5%3.7%8.6dsteady$2.2M8h/1hRwExcalc
ETHlong Variational, short RWA PerpVariationalRWA Perp1.7%−1.6%5.0%8.8%2.4%3.5%7.3dcooling$6.7Mspread not incl.VaRwcalc
ETHlong Bybit, short RWA PerpBybitCEXRWA Perp−4.5%−2.0%7.6%11.5%2.1%3.2%10dcooling$6.7MByRwcalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Markets on RWA Perp

Flags
BVIVPERP_BVIV_USDC_mythos191%187%37.2%144%12.3%100%4h$5k$4k
SPERP_S_USDC−53.9%−47.7%−12.4%−21.5%−6.5%10%4h$157k$1.5M
CAKEPERP_CAKE_USDC−38.7%−29.8%−17.3%−7.6%−15.2%2%4h$6k$241
BONKPERP_1000BONK_USDC−26.4%−19.4%−22.6%−17.2%−23.1%5%4h$35.2M$26k
SPX500PERP_SPX500_USDC−23.8%−3.4%−14.9%−13.4%−16.8%24%8h$361k$3kTradFi
APTPERP_APT_USDC−22.6%−17.3%−13.2%−3.1%−12.5%0%8h$13k$14k
BASEDPERP_BASED_USDC20.7%13.2%13.9%20.0%14.0%100%4h$4k$64
POLPERP_POL_USDC−19.1%−20.2%−18.7%−24.2%−18.4%0%4h$13k$19k
ETHFIPERP_ETHFI_USDC−18.9%−14.1%−14.4%−8.4%−14.4%17%4h$16k$149k
VIRTUALPERP_VIRTUAL_USDC−17.5%−6.3%−13.5%−5.2%−14.7%21%4h$16k$1k
HYPEPERP_HYPE_USDC−13.0%−8.8%4.6%2.1%6.9%83%4h$104k$279k
USELESSPERP_USELESS_USDC12.9%21.4%41.8%53.6%45.2%100%4h$6k$28k
AAOIPERP_AAOI_USDC_mythos10.9%10.8%10.9%9.6%10.9%100%8h$1k$0TradFi
AAPLPERP_AAPL_USDC_mythos10.9%11.0%11.0%10.9%11.0%100%8h$3k$499TradFi
ALLOPERP_ALLO_USDC_mythos10.9%9.3%8.8%8.9%8.7%100%4h$3k$0
AMDPERP_AMD_USDC_mythos10.9%10.9%10.9%10.7%10.9%100%8h$1k$0TradFi
AMZNPERP_AMZN_USDC_mythos10.9%10.8%10.9%10.9%10.9%100%8h$2k$0TradFi
AVAXPERP_AVAX_USDC10.9%12.9%16.0%18.3%16.5%95%8h$386k$144k
BABAPERP_BABA_USDC_mythos10.9%10.8%11.0%11.0%11.1%100%8h$1k$0TradFi
BCHPERP_BCH_USDC_mythos10.9%8.3%10.4%9.3%10.8%100%4h$3k$0
BNBPERP_BNB_USDC10.9%10.9%7.7%10.2%7.1%86%8h$202k$84k
CAPPERP_CAP_USDC_mythos10.9%11.6%4.2%−37.0%3.0%95%4h$4k$0
CBRSPERP_CBRS_USDC_mythos10.9%11.1%11.0%10.5%11.0%100%8h$319$0TradFi
CLPERP_CL_USDC10.9%11.0%8.8%7.4%8.5%90%4h$267k$23kTradFi
COPPERPERP_COPPER_USDC_mythos10.9%10.9%11.0%11.0%11.0%100%8h$2k$0TradFi
CRCLPERP_CRCL_USDC_mythos10.9%10.9%10.9%10.4%11.0%100%8h$13k$949TradFi
DELLPERP_DELL_USDC_mythos10.9%10.9%10.9%10.5%10.9%100%8h$794$0TradFi
DEXEPERP_DEXE_USDC_mythos10.9%1.8%0.3%0.1%0.0%2%4h$3k$0
DODOXPERP_DODOX_USDC_mythos10.9%11.6%11.8%11.9%11.8%100%4h$2k$0
DOTPERP_DOT_USDC10.9%11.2%9.8%10.7%9.5%100%8h$6k$9k
DRAMPERP_DRAM_USDC_mythos10.9%11.0%11.0%9.6%10.9%100%8h$7k$5kTradFi
EDGEPERP_EDGE_USDC10.9%11.3%11.1%28.9%11.0%100%4h$2k$11k
EIGENPERP_EIGEN_USDC_mythos10.9%9.0%9.2%9.3%9.2%100%4h$4k$602
EWYPERP_EWY_USDC_mythos10.9%11.0%11.0%10.9%11.0%100%8h$2k$0TradFi
FARTCOINPERP_FARTCOIN_USDC10.9%10.8%15.1%32.0%15.9%100%4h$18k$2k
FILPERP_FIL_USDC_mythos10.9%11.0%10.8%10.8%10.8%100%4h$3k$517
GLWPERP_GLW_USDC_mythos10.9%11.2%11.1%10.5%11.1%100%8h$3k$0TradFi
GOOGLPERP_GOOGL_USDC10.9%11.0%10.9%11.0%10.9%100%8h$15k$3kTradFi
GRAMPERP_GRAM_USDC_mythos10.9%10.6%10.9%11.0%10.9%100%4h$6k$0
HOODPERP_HOOD_USDC_mythos10.9%10.9%10.9%10.1%10.9%100%8h$17k$3kTradFi
INTCPERP_INTC_USDC_mythos10.9%11.2%11.0%9.7%10.9%100%8h$2k$241TradFi
JTOPERP_JTO_USDC_mythos10.9%11.6%11.9%11.2%12.0%100%4h$3k$0
KAITOPERP_KAITO_USDC_mythos10.9%13.2%13.4%12.5%13.4%100%4h$3k$0
LITEPERP_LITE_USDC_mythos10.9%11.0%10.3%10.1%10.1%100%8h$822$499TradFi
MPERP_M_USDC10.9%11.0%10.9%10.9%10.9%100%4h$1k$482k
METAPERP_META_USDC_mythos10.9%10.9%10.9%10.9%10.9%100%8h$590$0TradFi
MNTPERP_MNT_USDC10.9%11.0%11.0%10.9%10.9%100%8h$1k$13k
MONPERP_MON_USDC10.9%15.9%49.0%15.2%54.5%95%4h$88k$55k
MRVLPERP_MRVL_USDC_mythos10.9%11.1%11.0%10.3%11.0%100%8h$2k$0TradFi
MSFTPERP_MSFT_USDC_mythos10.9%11.0%11.0%11.0%11.0%100%8h$9k$299TradFi
MUPERP_MU_USDC_mythos10.9%10.9%11.0%10.0%11.0%100%8h$3k$2kTradFi
NATGASPERP_NATGAS_USDC_mythos10.9%10.9%314%81.6%365%100%8h$6k$4kTradFi
NBISPERP_NBIS_USDC_mythos10.9%11.0%10.9%10.0%10.9%100%8h$1k$0TradFi
NVDAPERP_NVDA_USDC10.9%11.0%10.9%10.9%10.9%100%8h$44k$8kTradFi
OPNPERP_OPN_USDC_mythos10.9%10.6%11.0%10.9%11.1%100%4h$3k$0
ORCLPERP_ORCL_USDC_mythos10.9%10.8%10.9%10.9%10.9%100%8h$2k$0TradFi
ORDERPERP_ORDER_USDC10.9%11.6%15.4%58.6%16.1%100%4h$93k$2k
PAXGPERP_PAXG_USDC_mythos10.9%10.5%10.5%10.3%10.5%100%4h$722$0TradFi
PONSPERP_PONS_USDC_mythos10.9%12.0%11.7%11.2%11.6%100%4h$602$0
PYTHPERP_PYTH_USDC_mythos10.9%11.2%11.2%11.2%11.2%100%4h$4k$3k
QQQPERP_QQQ_USDC_mythos10.9%10.9%10.9%10.9%10.9%100%8h$7k$183kTradFi
RAYPERP_RAY_USDC10.9%10.1%16.4%40.4%17.4%86%4h$541k$27k
REPERP_RE_USDC_mythos10.9%10.0%10.1%10.0%10.1%100%4h$2k$0
SNDKPERP_SNDK_USDC_mythos10.9%10.9%10.9%8.6%10.9%100%8h$2k$25kTradFi
SOXLPERP_SOXL_USDC_mythos10.9%10.9%10.9%10.3%10.9%100%8h$2k$0TradFi
SPCXPERP_SPCX_USDC_mythos10.9%10.7%10.8%10.8%10.9%100%8h$12k$0TradFi
SPXPERP_SPX_USDC10.9%11.0%11.7%11.7%11.8%100%4h$15k$482
SPYPERP_SPY_USDC_mythos10.9%10.9%11.0%10.9%11.0%100%8h$4k$0TradFi
SYNPERP_SYN_USDC_mythos10.9%11.2%11.6%9.7%11.6%100%4h$588$0
TQQQPERP_TQQQ_USDC_mythos10.9%11.0%10.8%10.6%10.7%100%8h$287$0TradFi
TSLAPERP_TSLA_USDC10.9%10.9%10.9%10.9%11.0%100%8h$44k$9kTradFi
TSMPERP_TSM_USDC_mythos10.9%10.9%10.9%10.8%10.9%100%8h$74$0TradFi
UNIPERP_UNI_USDC10.9%11.0%11.0%10.3%10.9%100%8h$10k$5k
WDCPERP_WDC_USDC_mythos10.9%11.0%11.0%9.3%11.0%100%8h$5k$199TradFi
XAGPERP_XAG_USDC10.9%10.9%10.9%9.2%10.9%100%4h$165k$44kTradFi
XAUPERP_XAU_USDC10.9%11.0%11.0%11.0%11.1%100%4h$118k$100kTradFi
XAUTPERP_XAUT_USDC_mythos10.9%10.6%10.6%10.3%10.6%100%4h$2k$0TradFi
XLMPERP_XLM_USDC_mythos10.9%10.9%11.1%11.0%11.1%100%4h$2k$0
ZHIPUPERP_ZHIPU_USDC_mythos10.9%10.8%5.9%6.4%5.1%86%8h$788$0TradFi
COINPERP_COIN_USDC_mythos10.9%10.8%11.5%10.9%11.6%100%8h$14k$990TradFi
MARSCOINPERP_MARSCOIN_USDC_mythos10.9%11.5%11.3%11.0%11.2%100%4h$38$0
ONDOPERP_ONDO_USDC10.9%10.6%−9.0%4.6%−12.3%62%4h$75k$951k
SKYPERP_SKY_USDC_mythos10.9%11.1%10.9%10.9%10.9%100%4h$1k$0
TRUMPPERP_TRUMP_USDC10.8%11.3%0.8%1.7%−0.9%45%4h$4k$0
METPERP_MET_USDC_mythos10.7%10.5%9.9%——95%4h$558$5k
SNXXPERP_SNXX_USDC_mythos10.7%10.9%5.4%4.7%4.5%90%8h$357$495TradFi
MERLPERP_MERL_USDC10.7%4.9%7.1%6.0%7.4%88%4h$5k$440k
SUIPERP_SUI_USDC10.6%10.8%9.5%9.0%9.3%100%8h$59k$215k
SAMSUNGPERP_SAMSUNG_USDC_mythos10.4%10.5%8.2%6.8%7.8%95%8h$4k$0TradFi
ENAPERP_ENA_USDC10.3%10.1%7.2%−0.2%6.7%93%4h$54k$980k
CRVPERP_CRV_USDC10.3%9.2%8.2%8.0%8.0%100%8h$24k$6k
INJPERP_INJ_USDC10.3%10.4%8.3%6.6%7.9%95%8h$29k$639k
SKHYPERP_SKHY_USDC_mythos10.3%10.5%10.8%10.3%10.9%100%8h$5k$0TradFi
PUMPPERP_PUMP_USDC−10.1%−8.3%−4.5%0.4%−3.9%10%4h$38k$16k
MSTRPERP_MSTR_USDC_mythos9.7%9.9%10.6%10.0%10.7%100%8h$15k$950TradFi
LTCPERP_LTC_USDC9.6%9.8%6.8%8.3%6.3%76%8h$17k$100k
NAS100PERP_NAS100_USDC−9.0%9.4%−10.2%−6.0%−13.5%30%8h$37k$2kTradFi
BIOPERP_BIO_USDC8.8%7.8%7.4%9.2%7.4%90%4h$8k$675
TRXPERP_TRX_USDC−8.5%−6.1%0.5%0.3%1.6%52%8h$15k$42k
ADAPERP_ADA_USDC8.4%5.0%5.7%6.1%5.8%86%8h$8k$165
SEIPERP_SEI_USDC−7.8%−5.3%−4.0%5.5%−3.8%26%8h$11k$29k
SKHYNIXPERP_SKHYNIX_USDC_mythos7.7%9.3%2.2%6.6%1.0%76%8h$5k$0TradFi
TAOPERP_TAO_USDC7.6%−1.4%−0.9%1.6%−0.8%52%4h$25k$29k
EURPERP_EURUSD_USDC7.6%6.2%14.8%6.1%16.3%81%8h$105k$0TradFi
FETPERP_FET_USDC−7.3%−3.2%−1.2%−1.0%−0.9%45%8h$29k$273k
WIFPERP_WIF_USDC−7.2%3.8%2.0%6.8%1.8%67%4h$10k$21k
XPLPERP_XPL_USDC−7.2%−2.0%−1.3%−0.5%−1.2%36%4h$22k$1k
HBARPERP_HBAR_USDC6.9%8.2%8.4%7.8%8.5%100%8h$14k$1.1M
XMRPERP_XMR_USDC6.4%−10.7%6.6%37.0%9.4%65%8h$39k$64k
TIAPERP_TIA_USDC6.3%4.1%3.9%6.1%3.8%88%4h$5k$813k
OPPERP_OP_USDC6.3%3.5%4.3%4.0%4.4%62%8h$10k$13k
JUPPERP_JUP_USDC−6.0%−8.2%−16.1%−10.4%−17.4%19%4h$32k$504k
BZPERP_BZ_USDC_mythos5.8%7.6%−47.7%−14.5%−56.9%67%8h$25k$0TradFi
ARBPERP_ARB_USDC5.7%5.5%3.7%0.1%3.4%86%8h$24k$65k
UNITREEPERP_UNITREE_USDC_mythos5.4%10.3%10.6%1.7%10.6%90%8h$893$0TradFi
ASTERPERP_ASTER_USDC−4.8%−4.5%−0.9%3.3%−0.3%40%4h$46k$1k
NEARPERP_NEAR_USDC4.6%8.1%3.0%4.7%2.1%79%8h$21k$95k
XRPPERP_XRP_USDC4.4%8.0%4.7%5.4%4.2%86%8h$87k$317k
PENGUPERP_PENGU_USDC3.4%7.6%9.2%9.4%9.5%98%4h$14k$111k
LITPERP_LIT_USDC−3.3%−2.4%3.0%−16.7%3.8%79%4h$26k$8k
WLDPERP_WLD_USDC−3.1%1.5%0.8%2.8%0.7%36%8h$38k$7k
BTCPERP_BTC_USDC−3.1%0.7%1.8%6.6%2.0%50%8h$2.2M$7.8M
DOGEPERP_DOGE_USDC−3.1%−0.9%1.0%3.7%1.3%50%8h$106k$970k
SOLPERP_SOL_USDC2.8%3.2%−2.5%2.4%−3.4%31%8h$1.3M$4.0M
ZROPERP_ZRO_USDC2.6%−3.5%0.1%−7.0%0.7%54%4h$34k$31k
ETHPERP_ETH_USDC1.5%−1.0%8.1%15.1%9.6%95%8h$6.7M$8.6M
AAVEPERP_AAVE_USDC1.4%2.5%6.8%5.6%7.5%86%8h$20k$51k
BERAPERP_BERA_USDC1.1%0.1%2.0%−2.9%2.3%62%4h$8k$380
PENDLEPERP_PENDLE_USDC−0.7%2.9%2.6%0.8%2.6%74%8h$19k$5k
LINKPERP_LINK_USDC0.6%−1.2%4.8%5.5%5.9%81%8h$197k$205k
ZECPERP_ZEC_USDC−0.6%−2.4%−1.3%−0.7%−1.1%38%8h$318k$216k
WOOPERP_WOO_USDC−0.3%4.3%7.9%1.5%8.5%95%8h$15k$57
PEPEPERP_1000PEPE_USDC−0.3%−6.3%−5.5%1.2%−5.3%42%8h$25.2M$4k
ALPIXPERP_ALPIX_USDC_alpix0.0%0.0%0.0%0.0%0.0%0%8h$56k$880k
FASTXPERP_FASTX_USDC_fastx0.0%0.0%0.0%0.0%0.0%0%8h$11k$0
USDJPYPERP_USDJPY_USDC0.0%37.0%10.2%−10.6%5.7%19%8h$49k$8kTradFi

Sources