Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter RH against HTX−0.027%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$220.218% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)+0.115%+$11 · spread now −0.027%, 7d avg +0.051%
=Together, before fees0.000%+ Points / potential airdropLighter RH: Points live · farm board$0 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 0.078% cheaper against HTX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XRP-USDT | 1.5197 | 0.0100 | pay 0.0100% / 8h | 37m 51s | $49.6M | $15.4M | 75x |
| Short | Lighter RH XRP | 1.5193 | 0.0096 | get 0.0012% / 1h | 37m 51s | $604K | $3.2M | 20x |
HTX XRP-USDT
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against HTX. 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: −0.027% → +0.051%
- −$7.83
- Slippage, 4 orders
- −$9.85
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$30.52
- Costs to cover
- 0.218%
- Break-even
- never at this rate
Slippage from HTX: live order book, 6 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 HTX live order book, 6 min ago | 0.16 bp | 10.3 bp −$10 | 13.6 bp −$136 | 37.4 bp −$3,743 | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.31 bp | 1.3 bp −$1 | 3.5 bp −$35 | 36.4 bp −$3,638 | 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 | 1.5212 | +0.098% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5208 | +0.075% | $1.1M | $148K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5197 | −0.001% | $7.8M | $24.1M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5192 | −0.034% | $246K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.388% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5189 | −0.054% | $14.6M | $73.8M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5191 | −0.038% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRPshort | +0.0096% | 1h | 1.5193 | −0.027% | $604K | $3.2M | 20x | |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5196 | −0.007% | $17K | $380K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5191 | −0.039% | $1.0M | $6.3M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
Katana Perps XRP-USD
Nado XRP-PERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XRPUSDT | +0.0100% | 8h | 1.5185 | −0.077% | $38.4M | $87.0M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5213 | +0.102% | $613K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5181 | −0.106% | $531.8M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5176 | −0.139% | $349.5M | $955.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5178 | −0.126% | $128.3M | $869.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5224 | +0.177% | $567K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5208 | +0.072% | $144K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5190 | −0.047% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5186 | −0.073% | $378.7M | $160.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5180 | −0.113% | $315.2M | $921.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5193 | −0.026% | $106.4M | $183.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5179 | −0.119% | $268.5M | $391.5M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5179 | −0.119% | — | $107.5M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5226 | +0.187% | $5.0M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5231 | +0.223% | $662K | $113.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5233 | +0.239% | $1.1M | $35.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5239 | +0.276% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5202 | +0.031% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5196 | −0.007% | $51K | $511K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5192 | −0.033% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5193 | −0.027% | $77K | $688K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5195 | −0.011% | $817K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5196 | −0.005% | $128K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5189 | −0.053% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDTlong | +0.0100% | 8h | 1.5197 | long leg | $49.6M | $15.4M | 75x | |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5191 | −0.040% | $54.3M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5213 | +0.105% | $474K | $55K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0101% / S −0.0060% | 1h | 1.5192 | −0.034% | $784K | — | 200x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5182 | −0.096% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5201 | +0.026% | $9K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5191 | −0.043% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0112% | 1h | 1.5216 | +0.127% | $17K | $78K | 7x | as long as short |
| Hyperliquid XRP | +0.0136% | 1h | 1.5193 | −0.027% | $289.8M | $267.6M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0157% | 1h | 1.5198 | +0.006% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5195 | −0.014% | $5.7M | $48.3M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0195% | 8h | 1.5202 | +0.032% | $1.8M | $34.6M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5189 | −0.052% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5207 | +0.065% | $23.6M | $77.8M | 125x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5204 | +0.047% | $522K | $807K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5240 | +0.282% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0643% | 1h | 1.5224 | +0.174% | $2K | $16K | 10x | as long as short |
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
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
Phemex XRPUSDT
Paradex XRP-USD-PERP
GMX XRP/USD [ETH-USDC]
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Hyperliquid XRP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD