Funding you earn now, next payment 04:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter RH against Extended+0.076%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$110.114% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now +0.076%, 7d avg +0.024%
=Together, before fees−0.164%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board−$16 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 0.052% dearer against Extended than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XRP-USD | 1.5173 | 0.0104 | pay 0.0013% / 1h | 24m 04s | $2.0M | $6.8M | 50x |
| Short | Lighter RH XRP | 1.5184 | 0.0096 | get 0.0012% / 1h | 24m 04s | $499K | $3.3M | 20x |
Extended XRP-USD
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Extended. 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
- −$1.68
- Price spread: +0.076% → +0.024%
- $5.21
- Slippage, 4 orders
- −$6.4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$7.87
- Costs to cover
- 0.114%
- Break-even
- never at this rate
Slippage from Extended: live order book, 5 min ago; Lighter RH: live order book, 4 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, 5 min ago | 0.33 bp | 3.5 bp −$3 | 4.3 bp −$43 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.98 bp | 2.5 bp −$3 | 6.0 bp −$60 | 38.9 bp −$3,888 | 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 | 1.5187 | +0.095% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5178 | +0.035% | $14.3M | $73.8M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5176 | +0.020% | $1.1M | $111K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5180 | +0.049% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5176 | +0.024% | $254K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5177 | +0.030% | $7.7M | $25.5M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.554% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0043% / S +0.0026% | 1h | 1.5174 | +0.012% | $792K | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0085% | 8h | 1.5177 | +0.030% | $62K | $934K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5184 | +0.076% | $2.8M | $14.6M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Orderly PERP_XRP_USDC
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 | 1.5184 | +0.076% | $499K | $3.3M | 20x | |
| 01 Exchange XRPUSD | +0.0096% | 1h | 1.5186 | +0.089% | $8K | $8K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0097% | 8h | 1.5172 | −0.003% | $10K | $326K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5171 | −0.007% | $1.1M | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5192 | +0.125% | $281.8M | $226.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5175 | +0.015% | $38.4M | $83.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5176 | +0.023% | $609K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5179 | +0.043% | $535.2M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5178 | +0.036% | $347.1M | $934.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5178 | +0.036% | $126.3M | $875.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5174 | +0.010% | $564K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5183 | +0.069% | $110K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5174 | +0.010% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5179 | +0.043% | $370.1M | $154.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5180 | +0.049% | $291.3M | $900.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5180 | +0.048% | $108.3M | $174.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5176 | +0.023% | $268.6M | $384.5M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5181 | +0.056% | — | $127.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5179 | +0.041% | $5.2M | $37.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5159 | −0.087% | $658K | $108.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5178 | +0.033% | $1.1M | $36.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5164 | −0.056% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5181 | +0.053% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5183 | +0.069% | $44K | $452K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5177 | +0.028% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5178 | +0.034% | $817K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5181 | +0.058% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5180 | +0.049% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5191 | +0.122% | $49.7M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5180 | +0.049% | $54.2M | $30.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5178 | +0.039% | $473K | $55K | 50x | as long as short |
| Extended XRP-USDlong | +0.0104% | 1h | 1.5173 | long leg | $2.0M | $6.8M | 50x | |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5174 | +0.009% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0174% | 1h | 1.5189 | +0.109% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0184% | 1h | 1.5183 | +0.069% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5183 | +0.069% | $5.6M | $47.0M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5179 | +0.043% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5177 | +0.030% | $24.1M | $76.2M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0312% | 8h | 1.5182 | +0.063% | $2.1M | $34.5M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5185 | +0.082% | $517K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0650% | 1h | 1.5183 | +0.070% | $2K | $15K | 10x | as long as short |
01 Exchange XRPUSD
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
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
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
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