XRP

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 Extended+0.014%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$90.090% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.123%−$12 on $10k

Price spread, last 7 days+0.010%+$1 · spread now +0.014%, 7d avg +0.035%

Together, before fees−0.113%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board−$11 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 is 0.021% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XRP-USD	1.5112	0.0104	pay 0.0013% / 1h	0m 25s	$2.0M	$6.8M	50x
Short	Lighter XRP	1.5115	0.0096	get 0.0012% / 1h	0m 25s	$2.8M	$14.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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 ExtendedbpFee LighterbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$1.68
Price spread: +0.014% → +0.035%: −$2.14
Slippage, 4 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$12.82
Costs to cover: 0.090%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; Lighter: live order book, 3 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 Extended live order book, 4 min ago	0.33 bp	2.8 bp −$3	5.2 bp −$52	doesn't fit	doesn't fit
Sell Lighter live order book, 3 min ago	1.04 bp	1.4 bp −$1	6.4 bp −$64	15.2 bp −$1,517	36.2 bp −$18.1K

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	1.5111	−0.009%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5115	+0.014%	$1.1M	$115K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5112	−0.001%	$258K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0015%	1h	1.5119	+0.044%	$7.7M	$25.6M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5117	+0.028%	$14.3M	$74.8M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.962%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5112	−0.002%	$793K	—	200x	as long as short
Lighter XRPshort	+0.0096%	1h	1.5115	+0.014%	$2.8M	$14.8M	20x
Lighter RH XRP	+0.0096%	1h	1.5116	+0.024%	$495K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5111	−0.009%	$10K	$356K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5108	−0.032%	$980K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5115	+0.014%	$38.9M	$86.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5115	+0.017%	$606K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5116	+0.024%	$531.6M	$2.17B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5115	+0.017%	$342.8M	$948.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5113	+0.004%	$124.9M	$885.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5107	−0.036%	$562K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5122	+0.063%	$137K	$721K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5115	+0.017%	$373.0M	$158.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5114	+0.010%	$293.6M	$911.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5117	+0.032%	$108.1M	$179.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5113	+0.004%	$268.3M	$391.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5116	+0.024%	—	$128.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5110	−0.017%	$4.8M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5118	+0.040%	$656K	$111.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5149	+0.242%	$1.1M	$37.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5120	+0.050%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5114	+0.013%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5120	+0.050%	$49K	$490K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5112	−0.003%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5113	+0.004%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5115	+0.015%	$813K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5116	+0.021%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5116	+0.024%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5115	+0.019%	$49.4M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5115	+0.017%	$53.8M	$31.4M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5107	−0.033%	$1.6M	$29K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5116	+0.025%	$471K	$55K	50x	as long as short
Extended XRP-USDlong	+0.0104%	1h	1.5112	long leg	$2.0M	$6.8M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5116	+0.023%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0152%	1h	1.5119	+0.044%	$8K	$8K	10x	as long as short
Kalshi KXXRPPERP	+0.0179%	8h	1.5116	+0.024%	$1.8M	$35.4M	2.9x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5123	+0.070%	$5.7M	$48.1M	50x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5110	−0.014%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5112	−0.003%	$24.1M	$75.7M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0226%	1h	1.5126	+0.090%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0264%	1h	1.5113	+0.001%	$17K	$82K	7x	as long as short
Hyperliquid XRP	+0.0350%	1h	1.5130	+0.116%	$289.7M	$256.4M	20x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5122	+0.065%	$516K	$777K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5150	+0.249%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0636%	1h	1.5130	+0.114%	$2K	$15K	10x	as long as short