Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Aevo+0.112%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.112% dearer against Aevo than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.51040.0104pay 0.0013% / 1h2m 47s$58K$25K3x
ShortLighter XRP1.51210.0096get 0.0012% / 1h2m 47s$2.8M$14.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aevo. 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

Funding earned
−$1.68
Price spread: +0.112% → 0.000%
$11.22
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Lighter: 0 bp × 2 orders
$0
Net
−$6.46
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Lighter live order book, 6 min ago1.42 bp3.1 bp −$38.0 bp −$8018.4 bp −$1,84041.1 bp −$20.6K
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5151+0.310%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5114+0.065%$1.1M$115K10xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5110+0.038%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5111+0.042%$265K150xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5108+0.025%$14.3M$74.8M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+3.017%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0054% / S +0.0009%1h1.5110+0.041%$793K200xas long as short
Lighter XRPshort+0.0096%1h1.5121+0.112%$2.8M$14.8M20x
Lighter RH XRP+0.0096%1h1.5111+0.045%$495K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5109+0.032%$10K$355K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5111+0.042%$981K$6.2M20xas long as short
Aster XRPUSDT+0.0100%8h1.5112+0.051%$38.9M$86.1M100xas long as short
Pacifica XRP+0.0100%1h1.5114+0.063%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5113+0.058%$531.5M$2.17B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5114+0.065%$342.8M$948.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5116+0.078%$124.9M$885.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5150+0.303%$563K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5119+0.098%$137K$722K20xas long as short
Bulk XRP-USD+0.0100%1h1.5138+0.226%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.5113+0.058%$372.7M$158.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5113+0.058%$294.0M$910.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5117+0.084%$108.7M$178.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5116+0.078%$268.4M$391.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5114+0.065%$128.0Mas long as short
Variational Omni XRP+0.0100%8h1.5147+0.282%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5145+0.268%$658K$111.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5149+0.296%$1.1M$37.0M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5138+0.224%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5124+0.131%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5119+0.098%$49K$490K20xas long as short
Bullet XRP-USD+0.0100%1h1.5111+0.045%$41K$69K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5108+0.025%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5107+0.020%$813K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5115+0.069%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5108+0.025%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5112+0.055%$49.4M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5108+0.025%$53.8M$31.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5111+0.047%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5109+0.029%$2.0M$6.8M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5104long leg$58K$25K3x
01 Exchange XRPUSD+0.0152%1h1.5115+0.071%$8K$8K10xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5114+0.065%$5.7M$48.1M50xas long as short
Kalshi KXXRPPERP+0.0184%8h1.5130+0.171%$1.8M$35.4M2.9xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5111+0.046%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5106+0.012%$24.1M$75.6M125xas long as short
Backpack XRP_USDC_PERP+0.0231%1h1.5118+0.091%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0272%1h1.5146+0.279%$17K$82K7xas long as short
RISEx XRP/USDC+0.0358%1h1.5114+0.067%$515K$777K10xas long as short
Hyperliquid XRP+0.0359%1h1.5128+0.157%$290.3M$256.0M20xas long as short
Phoenix XRP+0.0528%1h1.5150+0.303%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0628%1h1.5140+0.236%$2K$15K10xas long as short