Funding you earn now, next payment 00:00 UTC+0.0093%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Lighter RH against gTrade (Gains Network)−0.001%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2732.726% of the position
Funding, last 3 days (all we have)+0.087%+$9 on $10k
+Price spread, last 3 days (all we have)−0.038%−$4 · spread now −0.001%, 7d avg +0.009%
=Together, before fees+0.049%+ Points / potential airdropLighter RH: Points live · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XRP/USD | 1.5360 | L +0.0003% / S −0.0004% | pay 0.0000% / 1h | 19m 46s | $266K | — | 150x |
| Short | Lighter RH XRP | 1.5360 | 0.0096 | get 0.0012% / 1h | 19m 46s | $439K | $3.2M | 20x |
gTrade (Gains Network) XRP/USD
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against gTrade (Gains Network). 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
- $19.46
- Price spread: −0.001% → +0.009%
- −$1.05
- Slippage, 4 orders
- −$262.62
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$254.21
- Costs to cover
- 2.726%
- Break-even
- 98.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 59 min ago; Lighter RH: 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 gTrade (Gains Network) virtual book (oracle venue), 59 min ago | 130.01 bp | 135.0 bp −$135 | 208.0 bp −$2,080 | 1906.1 bp −$190.6K | 9819.7 bp −$4.91M |
| Sell Lighter RH live order book, 3 min ago | 1.30 bp | 1.3 bp −$1 | 4.2 bp −$42 | 35.1 bp −$3,508 | 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 | 1.5367 | +0.044% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5357 | −0.022% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5370 | +0.064% | $68K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USDlong | L +0.0003% / S −0.0004% | 1h | 1.5360 | long leg | $266K | — | 150x | |
| GMX XRP/USD [ETH-USDC] | L +0.0005% / S +0.0096% | 1h | 1.5360 | 0.000% | $844K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0010% | 1h | 1.5361 | +0.005% | $9.4M | $25.6M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5359 | −0.011% | $15.0M | $69.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0059% | 8h | 1.5363 | +0.018% | $75K | $910K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +1.301% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5355 | −0.036% | $2.9M | $13.0M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Injective XRP/USDC PERP
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 | 1.5360 | −0.001% | $439K | $3.2M | 20x | |
| Nado XRP-PERP | +0.0100% | 1h | 1.5359 | −0.005% | $1.1M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5358 | −0.014% | $39.1M | $81.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5359 | −0.005% | $632K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5359 | −0.009% | $546.4M | $2.04B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5369 | +0.057% | $342.2M | $924.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5372 | +0.077% | $125.4M | $880.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5356 | −0.027% | $572K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5376 | +0.103% | $117K | $758K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5373 | +0.080% | $1.7M | $571K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5369 | +0.057% | $361.5M | $147.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5370 | +0.064% | $297.1M | $887.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5356 | −0.027% | $110.2M | $165.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5368 | +0.051% | $267.5M | $375.2M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5370 | +0.064% | — | $121.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5364 | +0.028% | $11.5M | $30.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5360 | +0.001% | $667K | $105.1M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5364 | +0.025% | $1.1M | $40.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5364 | +0.025% | $1.0M | $900K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5366 | +0.038% | $47K | $455K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5364 | +0.025% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5362 | +0.010% | $827K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5366 | +0.037% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5361 | +0.005% | $31K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5362 | +0.010% | $50.4M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5364 | +0.025% | $54.7M | $29.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5358 | −0.016% | $479K | $54K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5363 | +0.016% | — | $10K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5372 | +0.077% | $11K | $270K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5367 | +0.042% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5358 | −0.013% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5370 | +0.064% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5359 | −0.005% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5367 | +0.044% | $24.3M | $74.8M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5366 | +0.038% | $5.8M | $47.1M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0258% | 1h | 1.5368 | +0.051% | $1.7M | $1.0M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0272% | 1h | 1.5378 | +0.116% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0309% | 8h | 1.5373 | +0.083% | $2.0M | $34.5M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0586% | 1h | 1.5370 | +0.064% | $293.4M | $213.5M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5384 | +0.152% | $500K | $638K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0781% | 1h | 1.5382 | +0.145% | $1K | $11K | 10x | as long as short |
Nado XRP-PERP
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
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
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD