XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: ApeX Omni against Lighter+0.346%78s7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$230.228% of the position

Long on Lighter Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.106%+$11 on $10k

Price spread, last 7 days−0.350%−$35 · spread now +0.346%, 7d avg +0.034%

Together, before fees−0.244%+ Points / potential airdropLighter: Season 3 · farm board−$24 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: ApeX Omni is 0.311% dearer against Lighter than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of +0.034%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XRP	1.5193	0.0096	pay 0.0012% / 1h	12m 07s	$2.8M	$14.5M	20x
Short	ApeX Omni XRPUSDT	1.5246	0.0100	get 0.0013% / 1h	12m 07s	$1.2M	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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

Position, each leg$Hold fordaysFee LighterbpFee ApeX OmnibpOrdersPrice spread, now +0.346%Rate

Funding earned: $0.84
Price spread: +0.346% → +0.034%: $31.13
Slippage, 4 orders: −$12.77
Fee Lighter: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $9.2
Costs to cover: 0.228%
Break-even: from the start

Slippage from Lighter: live order book, 6 min ago; ApeX Omni: live order book, 2 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 Lighter live order book, 6 min ago	1.03 bp	1.3 bp −$1	3.9 bp −$39	18.1 bp −$1,815	37.4 bp −$18.7K
Sell ApeX Omni live order book, 2 min ago	2.96 bp	11.0 bp −$11	15.6 bp −$156	doesn't fit	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	1.5204	+0.069%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5203	+0.062%	$1.1M	$110K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5198	+0.030%	$7.7M	$25.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5197	+0.023%	$254K	—	150x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0033% / S +0.0038%	1h	1.5198	+0.028%	$796K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.412%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0064%	1h	1.5199	+0.036%	$8K	$8K	10x	as long as short
Orderly PERP_XRP_USDC	+0.0076%	8h	1.5198	+0.030%	$62K	$935K	50x	as long as short
Lighter XRPlong	+0.0096%	1h	1.5193	long leg	$2.8M	$14.5M	20x
Lighter RH XRP	+0.0096%	1h	1.5195	+0.010%	$514K	$3.3M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5191	−0.016%	$10K	$311K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5209	+0.104%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5204	+0.069%	$282.7M	$223.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5194	+0.004%	$38.4M	$83.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5205	+0.078%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5190	−0.023%	$536.5M	$2.10B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5192	−0.010%	$346.5M	$929.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5194	+0.003%	$126.1M	$872.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5195	+0.010%	$567K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5203	+0.063%	$114K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5223	+0.194%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5192	−0.010%	$368.5M	$153.6M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5190	−0.023%	$295.1M	$903.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5192	−0.010%	$109.0M	$171.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5192	−0.010%	$269.5M	$380.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5193	−0.003%	—	$126.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5260	+0.435%	$6.0M	$36.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5237	+0.285%	$662K	$108.2M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5251	+0.379%	$1.1M	$35.3M	20x	as long as short
ApeX Omni XRPUSDTshort	+0.0100%	1h	1.5246	+0.346%	$1.2M	$1.0M	50x
Vest XRP-PERP	+0.0100%	1h	1.5201	+0.050%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5200	+0.043%	$42K	$450K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5199	+0.035%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5200	+0.044%	$818K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5204	+0.069%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5196	+0.017%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5194	+0.002%	$49.7M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5193	−0.003%	$54.1M	$30.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5203	+0.061%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5192	−0.013%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5198	+0.029%	$58K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0189%	1h	1.5201	+0.049%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0208%	1h	1.5207	+0.092%	$17K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5196	+0.016%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5203	+0.063%	$5.6M	$46.6M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5201	+0.049%	$24.3M	$75.3M	125x	as long as short
Kraken Futures PF_XRPUSD	+0.0272%	1h	1.5195	+0.009%	$14.4M	$73.2M	50x	as long as short
Kalshi KXXRPPERP	+0.0347%	8h	1.5205	+0.076%	$2.1M	$34.6M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5203	+0.063%	$518K	$778K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5220	+0.174%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0665%	1h	1.5217	+0.152%	$2K	$14K	10x	as long as short