Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.020%
Price spread now: Lighter RH against edgeX−0.365%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$160.165% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 7 days+0.405%+$41 · spread now −0.365%, 7d avg +0.020%
=Together, before fees+0.473%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board+$47 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.385% cheaper against edgeX than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XRPUSDC | 1.5074 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $655K | $112.1M | 30x |
| Short | Lighter RH XRP | 1.5019 | 0.0096 | get 0.0012% / 1h | 33m 00s | $494K | $3.2M | 20x |
edgeX XRPUSDC
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against edgeX. 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: −0.365% → +0.020%
- −$38.51
- Slippage, 4 orders
- −$7.49
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$55.85
- Costs to cover
- 0.165%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 1 min ago; Lighter RH: live order book, 5 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 edgeX live order book, 1 min ago | 1.00 bp | 5.5 bp −$5 | 5.6 bp −$56 | 8.7 bp −$872 | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.99 bp | 2.4 bp −$2 | 6.4 bp −$64 | 40.9 bp −$4,088 | doesn't fit |
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 | 1.5022 | −0.345% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5016 | −0.382% | $14.2M | $75.2M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5007 | −0.446% | $1.1M | $115K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5070 | −0.027% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5019 | −0.365% | $7.6M | $25.7M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5012 | −0.410% | $257K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.224% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.5012 | −0.411% | $786K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0072% | 1h | 1.5016 | −0.385% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5017 | −0.376% | $2.8M | $14.9M | 20x | 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
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRPshort | +0.0096% | 1h | 1.5019 | −0.365% | $494K | $3.2M | 20x | |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5013 | −0.405% | $11K | $363K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5014 | −0.395% | $910K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5031 | −0.285% | $287.9M | $259.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5024 | −0.335% | $38.3M | $86.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5014 | −0.399% | $602K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5028 | −0.306% | $526.8M | $2.20B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5027 | −0.312% | $341.0M | $959.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5030 | −0.292% | $124.5M | $890.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.4998 | −0.504% | $560K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5024 | −0.332% | $136K | $723K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5057 | −0.114% | $1.6M | $30K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5028 | −0.305% | $368.6M | $157.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5027 | −0.312% | $286.8M | $912.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5020 | −0.361% | $106.4M | $180.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5026 | −0.319% | $265.1M | $396.8M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5026 | −0.319% | — | $105.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5067 | −0.046% | $4.7M | $38.3M | — | as long as short |
| edgeX XRPUSDClong | +0.0100% | 4h | 1.5074 | long leg | $655K | $112.1M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5067 | −0.047% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5081 | +0.046% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5017 | −0.378% | $51K | $493K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5014 | −0.398% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5016 | −0.385% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5012 | −0.410% | $808K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5019 | −0.362% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5016 | −0.385% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5014 | −0.396% | $49.1M | $15.8M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5025 | −0.325% | $53.5M | $31.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5014 | −0.400% | $468K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5022 | −0.346% | — | $13K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5022 | −0.342% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5014 | −0.395% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0131% | 8h | 1.5024 | −0.332% | $1.7M | $35.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0166% | 1h | 1.5033 | −0.272% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5019 | −0.365% | $5.6M | $48.2M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0216% | 1h | 1.5031 | −0.285% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5012 | −0.409% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5017 | −0.378% | $23.4M | $75.8M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5024 | −0.329% | $512K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0608% | 1h | 1.5053 | −0.141% | $2K | $15K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
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
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
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
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD