To farm with, across both venues together: about $3.8K of position on each side.
Open to one partner cohort only (RISEx flag 'degenct_competition'). Check eligibility on RISEx before farming it.
Eligible markets are read from the venue, never inferred, and stored as an explicit list.
BTC funding across every venue that lists it, live.
| Market | Hedged on | Size / leg | Cycles | Hold | Round trip | Net carry | Volume | Of 24h vol |
|---|---|---|---|---|---|---|---|---|
| BTC | Lighter | $4,167 | 4.4 | 70.1h | 7.5 bps | 3.1% | $36,820 | <0.1% |
| ENA | Lighter | $2,983 | 4.4 | 70.1h | 9.5 bps | 24.2% | $26,361 | 10.5% |
| XRP | Lighter RH | $4,167 | 4.4 | 70.1h | 9.6 bps | 15.4% | $36,820 | 4.6% |
The last column is context, not a limit. A route is capped by the venue’s open interest and by measured depth, never by its 24h volume, which overstates what a market can actually hold.
Read from RISEx's public competitions API by the campaign feed; the raw response is kept in campaign_feed_snapshots.
All 48 perp markets risex listed on 2026-10-28, enumerated from the venue itself. Stored as an explicit list, not a category — the set a user is shown must not move between reading this page and placing the trade.
Rules read from api.rise.trade/v1/competitions/degenct · verified 28 Oct 2026