Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Binance against Lighter−0.015%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$140.136% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.015%, 7d avg +0.001%
=Together, before fees+0.003%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XRP | 1.5135 | 0.0096 | pay 0.0012% / 1h | 45m 55s | $2.8M | $14.5M | 20x |
| Short | Binance XRPUSDT | 1.5133 | 0.0100 | get 0.0100% / 8h | 4h 45m | $532.9M | $2.11B | 100x |
Lighter XRP
Binance XRPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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: −0.015% → +0.001%
- −$1.58
- Slippage, 4 orders
- −$3.6
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$14.34
- Costs to cover
- 0.136%
- Break-even
- 126.5 days
Slippage from Lighter: live order book, 8 min ago; Binance: live order book, 13 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, 8 min ago | 0.84 bp | 0.8 bp −$1 | 4.7 bp −$47 | 12.8 bp −$1,280 | 34.7 bp −$17.3K |
| Sell Binance live order book, 13 min ago | 0.33 bp | 5.3 bp −$5 | 6.2 bp −$62 | 12.2 bp −$1,222 | 27.7 bp −$13.8K |
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 | 1.5119 | −0.107% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5133 | −0.012% | $14.2M | $73.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5125 | −0.066% | $1.1M | $114K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5120 | −0.100% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5122 | −0.086% | $253K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5138 | +0.019% | $7.7M | $25.6M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.807% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0038% / S +0.0032% | 1h | 1.5121 | −0.095% | $787K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0048% | 1h | 1.5128 | −0.047% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0079% | 8h | 1.5132 | −0.021% | $62K | $935K | 50x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Orderly PERP_XRP_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XRPlong | +0.0096% | 1h | 1.5135 | long leg | $2.8M | $14.5M | 20x | |
| Lighter RH XRP | +0.0096% | 1h | 1.5137 | +0.012% | $509K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0097% | 8h | 1.5118 | −0.113% | $10K | $318K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5130 | −0.037% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5142 | +0.045% | $281.2M | $225.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5134 | −0.011% | $38.3M | $83.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5133 | −0.016% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDTshort | +0.0100% | 8h | 1.5133 | −0.015% | $532.9M | $2.11B | 100x | |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5135 | −0.001% | $344.4M | $931.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5138 | +0.019% | $125.6M | $873.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5108 | −0.179% | $562K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5114 | −0.140% | $113K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5164 | +0.192% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5133 | −0.014% | $369.3M | $152.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5137 | +0.012% | $297.2M | $895.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5132 | −0.023% | $107.8M | $173.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5135 | −0.001% | $267.6M | $383.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5120 | −0.100% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5129 | −0.043% | $5.4M | $37.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5107 | −0.186% | $656K | $108.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5112 | −0.154% | $1.1M | $35.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5111 | −0.160% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5126 | −0.060% | $43K | $452K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5126 | −0.064% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5133 | −0.015% | $814K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5130 | −0.031% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5136 | +0.006% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5132 | −0.018% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5133 | −0.014% | $54.0M | $30.5M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5131 | −0.025% | $472K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5124 | −0.076% | — | $11K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5132 | −0.018% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5132 | −0.021% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0152% | 1h | 1.5109 | −0.172% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0156% | 1h | 1.5143 | +0.052% | $1.9M | $1.3M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5138 | +0.019% | $5.6M | $47.0M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5119 | −0.106% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5111 | −0.160% | $24.2M | $75.8M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0320% | 8h | 1.5128 | −0.047% | $2.1M | $34.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5131 | −0.028% | $515K | $780K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0675% | 1h | 1.5131 | −0.029% | $2K | $15K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
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-USDC
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
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD