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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter RH against Aevo+0.142%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−0.097%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · 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 RH is 0.142% dearer against Aevo than usual: you sell high and buy low, +$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.51440.0104pay 0.0013% / 1h57m 19s$58K$25K3x
ShortLighter RH XRP1.51650.0096get 0.0012% / 1h57m 19s$549K$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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: +0.142% → 0.000%
$14.2
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$3.48
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Lighter RH: live order book, 1 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 RH live order book, 1 min ago1.65 bp1.6 bp −$25.3 bp −$5341.8 bp −$4,177doesn't fit
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%1h1.5158+0.096%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5162+0.122%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5160+0.109%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5150+0.046%$245K150xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5153+0.066%$14.5M$75.0M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.750%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0077% / S −0.0022%1h1.5151+0.047%$799K200xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5160+0.109%$7.7M$25.3M50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5152+0.056%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5167+0.153%$2.8M$15.0M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRPshort+0.0096%1h1.5165+0.142%$549K$3.2M20x
Katana Perps XRP-USD+0.0099%8h1.5144+0.003%$11K$363K20xas long as short
Nado XRP-PERP+0.0100%1h1.5151+0.053%$997K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5152+0.059%$38.4M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5168+0.164%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5154+0.069%$527.2M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5152+0.056%$344.4M$967.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5145+0.010%$126.8M$890.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5154+0.069%$564K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5156+0.083%$143K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5166+0.149%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5153+0.063%$374.8M$157.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5155+0.076%$299.4M$915.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5155+0.073%$107.4M$182.0M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5141−0.017%$266.3M$399.4M125xas long as short
BingX XRP-USDC+0.0100%8h1.5152+0.056%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5155+0.074%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5133−0.072%$659K$114.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5156+0.081%$1.1M$36.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5165+0.142%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5158+0.096%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5156+0.083%$46K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5152+0.056%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5144+0.003%$62K$932K50xas long as short
Derive XRP-PERP+0.0100%1h1.5159+0.099%$816K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5162+0.123%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5157+0.089%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5155+0.074%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5161+0.116%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5173+0.195%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5144+0.004%$2.0M$6.8M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5144long leg$58K$25K3x
Hibachi XRP/USDT-P+0.0176%1h1.5137−0.044%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5161+0.116%$5.7M$48.4M50xas long as short
Hyperliquid XRP+0.0196%1h1.5167+0.155%$289.4M$264.5M20xas long as short
Kalshi KXXRPPERP+0.0209%8h1.5168+0.162%$1.7M$35.4M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5151+0.051%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5138−0.036%$23.3M$77.5M125xas long as short
Backpack XRP_USDC_PERP+0.0235%1h1.5167+0.155%$2.0M$1.4M25xas long as short
RISEx XRP/USDC+0.0316%1h1.5153+0.063%$517K$792K10xas long as short
Aftermath Perps XRPUSD+0.0579%1h1.5155+0.073%$2K$16K10xas long as short