Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter RH against KuCoin+0.012%7-day average −0.020% · 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−$19as in the Price arb table
costs, in and out, $10k−$220.221% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 7 days−0.005%−$1 · spread now +0.012%, 7d avg −0.020%
=Together, before fees−0.021%+ Points / potential airdropLighter RH: Points live · farm board−$2 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 0.032% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XRPUSDTM | 1.5175 | 0.0100 | pay 0.0100% / 8h | 1h 28m | $107.7M | $181.9M | 75x |
| Short | Lighter RH XRP | 1.5177 | 0.0096 | get 0.0012% / 1h | 28m 18s | $545K | $3.2M | 20x |
KuCoin XRPUSDTM
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against KuCoin. 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: +0.012% → −0.020%
- $3.16
- Slippage, 4 orders
- −$10.07
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$19.75
- Costs to cover
- 0.221%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 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 KuCoin live order book, 11 min ago | 0.69 bp | 9.6 bp −$10 | 12.1 bp −$121 | 31.8 bp −$3,179 | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.65 bp | 1.6 bp −$2 | 5.7 bp −$57 | 39.3 bp −$3,934 | 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 | 1.5166 | −0.061% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5159 | −0.105% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | −0.034% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5172 | −0.024% | $246K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5177 | +0.012% | $7.7M | $24.8M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5174 | −0.006% | $14.4M | $74.9M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.536% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0085% / S −0.0034% | 1h | 1.5174 | −0.009% | $800K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5177 | +0.011% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRPshort | +0.0096% | 1h | 1.5177 | +0.012% | $545K | $3.2M | 20x |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5161 | −0.094% | $10K | $372K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5162 | −0.084% | $978K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5173 | −0.012% | $38.5M | $87.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5167 | −0.054% | $617K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5178 | +0.019% | $532.1M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5175 | −0.001% | $346.2M | $961.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5177 | +0.012% | $127.3M | $883.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5147 | −0.186% | $564K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5170 | −0.034% | $143K | $714K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5173 | −0.014% | $376.6M | $160.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5177 | +0.012% | $303.1M | $924.4M | 300x | as long as short |
| KuCoin XRPUSDTMlong | +0.0100% | 8h | 1.5175 | long leg | $107.7M | $181.9M | 75x | |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5172 | −0.021% | $267.6M | $396.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5174 | −0.008% | — | $105.5M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5158 | −0.114% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5157 | −0.122% | $658K | $113.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5162 | −0.087% | $1.1M | $36.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5164 | −0.074% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5170 | −0.036% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5168 | −0.047% | $47K | $489K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5174 | −0.009% | $41K | $71K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5173 | −0.014% | $65K | $774K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5148 | −0.177% | $815K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5169 | −0.039% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5175 | −0.001% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5176 | +0.003% | $49.6M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5172 | −0.021% | $54.3M | $32.4M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5157 | −0.120% | $1.6M | $5K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5171 | −0.029% | $473K | $54K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5168 | −0.048% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5169 | −0.041% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5172 | −0.020% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0144% | 1h | 1.5161 | −0.095% | $17K | $79K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0175% | 1h | 1.5169 | −0.041% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5178 | +0.018% | $5.7M | $48.2M | 50x | as long as short |
| Hyperliquid XRP | +0.0188% | 1h | 1.5179 | +0.025% | $288.7M | $264.8M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0212% | 8h | 1.5175 | −0.001% | $1.8M | $35.2M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5156 | −0.124% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5164 | −0.074% | $23.6M | $77.8M | 125x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5169 | −0.039% | $529K | $800K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0604% | 1h | 1.5167 | −0.057% | $2K | $16K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
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
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hyperliquid XRP
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD