XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0735%/8h= −80.5% APRnext payment −$0.92 per $10,000 · paid last 24h −0.137%

Price spread now: Lighter RH against Aftermath Perps+0.083%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

The price spread pays, funding is against you. Lighter RH is 0.083% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.083% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XRPUSD	1.5606	0.0831	pay 0.0104% / 1h	46m 45s	$1K	$11K	10x
Short	Lighter RH XRP	1.5619	0.0096	get 0.0012% / 1h	46m 45s	$445K	$3.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Aftermath 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 Aftermath PerpsbpFee Lighter RHbpOrdersPrice spread, now +0.083%Rate

Funding earned: −$154.36
Price spread: +0.083% → 0.000%: $8.34
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$155.03
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aftermath Perps no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 1 min ago	0.96 bp	1.0 bp −$1	6.3 bp −$63	45.3 bp −$4,530	doesn't fit

Aftermath Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5571	−0.224%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5603	−0.019%	$1.1M	$113K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5650	+0.282%	$70K	$90K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5567	−0.250%	$260K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0005% / S +0.0106%	1h	1.5568	−0.243%	$856K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0007%	1h	1.5576	−0.192%	$9.7M	$25.4M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0031%	1h	1.5584	−0.142%	$15.6M	$68.7M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0056%	8h	1.5570	−0.231%	$77K	$909K	50x	as long as short
Injective XRP/USDC PERP	+0.0089%	1h	1.5560	−0.295%	$2K	$107K	30x	as long as short
Lighter XRP	+0.0096%	1h	1.5611	+0.035%	$3.0M	$12.6M	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 XRPshort	+0.0096%	1h	1.5619	+0.083%	$445K	$3.1M	20x
Nado XRP-PERP	+0.0100%	1h	1.5571	−0.227%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5611	+0.032%	$39.7M	$79.9M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5579	−0.176%	$641K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5617	+0.073%	$559.2M	$2.01B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5621	+0.096%	$348.1M	$913.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5623	+0.109%	$127.4M	$892.6M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5568	−0.243%	$582K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5572	−0.218%	$117K	$752K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5633	+0.174%	$1.7M	$573K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5609	+0.019%	$373.0M	$143.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5610	+0.026%	$302.5M	$867.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5611	+0.035%	$113.6M	$163.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5611	+0.032%	$273.0M	$369.7M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5596	−0.064%	—	$3.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5634	+0.177%	$11.7M	$30.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5593	−0.084%	$677K	$103.5M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5605	−0.006%	$1.1M	$40.9M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5640	+0.218%	$1.0M	$887K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5569	−0.238%	—	$10K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5570	−0.231%	$48K	$453K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5571	−0.224%	$42K	$67K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5573	−0.209%	$838K	$81K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5578	−0.181%	$131K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5579	−0.173%	$30K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5567	−0.253%	$51.1M	$15.5M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5580	−0.167%	$55.4M	$29.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5570	−0.232%	$485K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5574	−0.205%	$13K	$266K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5607	+0.004%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5575	−0.202%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5571	−0.224%	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0212%	1h	1.5562	−0.284%	$1.4M	$8K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5585	−0.135%	$24.5M	$74.5M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5588	−0.115%	$5.9M	$47.7M	50x	as long as short
Hibachi XRP/USDT-P	+0.0272%	1h	1.5580	−0.164%	$18K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0319%	8h	1.5568	−0.243%	$1.9M	$33.8M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0378%	1h	1.5597	−0.058%	$1.7M	$1.0M	25x	as long as short
Hyperliquid XRP	+0.0620%	1h	1.5632	+0.167%	$297.8M	$208.7M	20x	as long as short
RISEx XRP/USDC	+0.0761%	1h	1.5579	−0.176%	$508K	$632K	10x	as long as short
Aftermath Perps XRPUSDlong	+0.0831%	1h	1.5606	long leg	$1K	$11K	10x