Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Aster−0.002%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$130.133% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.002%, 7d avg −0.004%
=Together, before fees+0.004%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XRPUSDT | 1.5122 | 0.0100 | pay 0.0100% / 8h | 4h 50m | $38.2M | $83.2M | 100x |
| Short | Lighter XRP | 1.5122 | 0.0096 | get 0.0012% / 1h | 50m 14s | $2.8M | $14.5M | 20x |
Aster XRPUSDT
Lighter XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: −0.002% → −0.004%
- $0.22
- Slippage, 4 orders
- −$5.32
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$13.94
- Costs to cover
- 0.133%
- Break-even
- never at this rate
Slippage from Aster: live order book, 4 min ago; Lighter: live order book, 8 min ago.
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 Aster live order book, 4 min ago | 0.33 bp | 4.3 bp −$4 | 4.9 bp −$49 | 11.7 bp −$1,170 | doesn't fit |
| Sell Lighter live order book, 8 min ago | 0.81 bp | 2.7 bp −$3 | 7.5 bp −$75 | 14.1 bp −$1,413 | 31.0 bp −$15.5K |
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 | 1.5154 | +0.211% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5118 | −0.029% | $14.2M | $73.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5121 | −0.005% | $1.1M | $114K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.316% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5122 | −0.001% | $7.7M | $25.6M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5123 | +0.006% | $253K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.895% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0037% / S +0.0033% | 1h | 1.5123 | +0.005% | $787K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0040% | 1h | 1.5124 | +0.012% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0079% | 8h | 1.5120 | −0.014% | $62K | $935K | 50x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Orderly PERP_XRP_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRPshort | +0.0096% | 1h | 1.5122 | −0.002% | $2.8M | $14.5M | 20x | |
| Lighter RH XRP | +0.0096% | 1h | 1.5123 | +0.006% | $509K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5113 | −0.061% | $10K | $318K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5134 | +0.082% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5131 | +0.058% | $281.0M | $224.4M | 20x | as long as short |
| Aster XRPUSDTlong | +0.0100% | 8h | 1.5122 | long leg | $38.2M | $83.2M | 100x | |
| Pacifica XRP | +0.0100% | 1h | 1.5128 | +0.040% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5115 | −0.046% | $532.4M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5109 | −0.087% | $344.1M | $931.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5114 | −0.054% | $125.7M | $870.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5144 | +0.144% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5126 | +0.025% | $113K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5164 | +0.279% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5124 | +0.012% | $368.7M | $152.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5114 | −0.054% | $295.5M | $894.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5119 | −0.020% | $108.0M | $173.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5119 | −0.021% | $267.2M | $382.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5125 | +0.019% | — | $126.5M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5129 | +0.044% | $5.4M | $37.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5155 | +0.220% | $658K | $108.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5162 | +0.263% | $1.1M | $35.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5157 | +0.230% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5124 | +0.012% | $42K | $452K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5124 | +0.009% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5120 | −0.012% | $814K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5129 | +0.043% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5121 | −0.008% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5119 | −0.022% | $49.5M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5120 | −0.014% | $54.0M | $30.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5133 | +0.070% | $472K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5131 | +0.057% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5116 | −0.044% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5117 | −0.031% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0155% | 1h | 1.5150 | +0.184% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0160% | 1h | 1.5136 | +0.089% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5129 | +0.045% | $5.6M | $47.0M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5122 | −0.001% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5138 | +0.105% | $24.2M | $75.8M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0324% | 8h | 1.5139 | +0.111% | $2.0M | $34.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5128 | +0.039% | $515K | $779K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0676% | 1h | 1.5152 | +0.198% | $2K | $14K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD