Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0056%/8h= +6.2% APRnext payment +$0.07 per $10,000 · paid last 24h +0.019%
Price spread now: Lighter RH against Injective+1.184%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.179%−$18 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter RH is 1.184% dearer against Injective than usual: you sell high and buy low: +$118 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.179%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XRP/USDC PERP1.52900.0040pay 0.0005% / 1h11m 13s$2K$86K30x
ShortLighter RH XRP1.54710.0096get 0.0012% / 1h11m 13s$447K$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Injective. 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

Funding earned
$11.84
Price spread: +1.184% → 0.000%
$118.38
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$130.2
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Lighter RH: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Lighter RH live order book, 2 min ago1.94 bp2.5 bp −$25.1 bp −$5137.0 bp −$3,704doesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5439+0.974%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5452+1.060%$1.1M$101K10xas long as short
Phoenix XRP0.0000%1h1.5470+1.177%$69K$89K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5468+1.166%$259K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0009%1h1.5466+1.151%$9.4M$24.7M50xas long as short
Injective XRP/USDC PERPlong+0.0040%1h1.5290long leg$2K$86K30x
Orderly PERP_XRP_USDC+0.0047%8h1.5473+1.197%$80K$933K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0075% / S +0.0171%1h1.5471+1.181%$911K200xas long as short
Lighter XRP+0.0096%1h1.5469+1.173%$3.0M$11.5M20xas long as short
Lighter RH XRPshort+0.0096%1h1.5471+1.184%$447K$3.1M20x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5486+1.285%$1.1M$5.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5475+1.207%$39.4M$73.2M100xas long as short
Pacifica XRP+0.0100%1h1.5459+1.104%$671K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5472+1.192%$556.6M$1.87B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5474+1.203%$348.8M$850.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5465+1.145%$126.4M$848.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5427+0.896%$574K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5475+1.210%$119K$685K20xas long as short
Bulk XRP-USD+0.0100%1h1.5472+1.187%$1.7M$470K20xas long as short
Gate XRP_USDT+0.0100%8h1.5472+1.190%$369.3M$133.5M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5476+1.216%$291.8M$818.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5487+1.287%$112.2M$148.9M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5463+1.131%$267.9M$346.3M125xas long as short
BingX XRP-USDC+0.0100%8h1.5473+1.197%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5430+0.914%$6.7M$24.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5464+1.135%$671K$97.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5436+0.957%$1.1M$41.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5464+1.138%$1.0M$871K50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5491+1.315%$50K$468K20xas long as short
Bullet XRP-USD+0.0100%1h1.5473+1.194%$42K$60K20xas long as short
Derive XRP-PERP+0.0100%1h1.5437+0.960%$831K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5459+1.103%$130K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5460+1.112%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5469+1.173%$50.9M$14.9M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5473+1.197%$55.3M$28.4M50xas long as short
Vest XRP-PERP+0.0100%1h1.5469+1.173%$10K10xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5470+1.178%$482K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5481+1.249%$12K$239K20xas long as short
Extended XRP-USD+0.0104%1h1.5458+1.096%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5463+1.133%$72K$40K3xas long as short
01 Exchange XRPUSD+0.0144%1h1.5487+1.288%$8K$8K10xas long as short
Kraken Futures PF_XRPUSD+0.0168%1h1.5466+1.148%$15.7M$65.4M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5495+1.341%$5.7M$45.1M50xas long as short
Backpack XRP_USDC_PERP+0.0193%1h1.5450+1.046%$1.8M$953K25xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5479+1.236%$1.4M$10K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5480+1.243%$24.2M$68.7M125xas long as short
Kalshi KXXRPPERP+0.0284%8h1.5491+1.315%$1.8M$32.0M2.9xas long as short
Hibachi XRP/USDT-P+0.0288%1h1.5441+0.985%$19K$66K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5487+1.289%$407K$499K10xas long as short
Hyperliquid XRP+0.0505%1h1.5505+1.406%$285.7M$190.4M20xas long as short
Aftermath Perps XRPUSD+0.0527%1h1.5444+1.006%$1K$11K10xas long as short