Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter+0.018%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$190.186% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now +0.018%, 7d avg +0.003%
=Together, before fees+0.036%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XRP | 1.5083 | 0.0096 | pay 0.0012% / 1h | 19m 33s | $2.8M | $15.0M | 20x |
| Short | Bitget XRPUSDT | 1.5086 | 0.0100 | get 0.0100% / 8h | 2h 19m | $264.9M | $397.5M | 125x |
Lighter XRP
Bitget XRPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.018% → +0.003%
- $1.46
- Slippage, 4 orders
- −$6.63
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$16.33
- Costs to cover
- 0.186%
- Break-even
- 143.1 days
Slippage from Lighter: live order book, 4 min ago; Bitget: 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 Lighter live order book, 4 min ago | 2.06 bp | 2.1 bp −$2 | 5.1 bp −$51 | 14.4 bp −$1,440 | 37.4 bp −$18.7K |
| Sell Bitget live order book, 5 min ago | 0.33 bp | 6.3 bp −$6 | 7.7 bp −$77 | 19.4 bp −$1,936 | 28.6 bp −$14.3K |
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 | 1.5080 | −0.022% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5073 | −0.067% | $14.2M | $74.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5075 | −0.057% | $1.1M | $133K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5080 | −0.022% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5072 | −0.074% | $244K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.160% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0070% / S −0.0013% | 1h | 1.5072 | −0.077% | $794K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0082% | 1h | 1.5078 | −0.035% | $7.7M | $25.5M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5088 | +0.031% | $8K | $8K | 10x | as long as short |
| Lighter XRPlong | +0.0096% | 1h | 1.5083 | long leg | $2.8M | $15.0M | 20x |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
01 Exchange XRPUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5086 | +0.018% | $545K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5076 | −0.049% | $10K | $361K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5085 | +0.014% | $987K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5100 | +0.111% | $288.1M | $262.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5087 | +0.027% | $38.4M | $87.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5085 | +0.008% | $600K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5087 | +0.026% | $524.2M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5087 | +0.024% | $343.4M | $963.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5088 | +0.031% | $125.8M | $883.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5044 | −0.261% | $560K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5093 | +0.064% | $144K | $712K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5026 | −0.377% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5084 | +0.005% | $371.0M | $160.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5085 | +0.011% | $285.8M | $922.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5084 | +0.003% | $105.4M | $180.9M | 75x | as long as short |
| Bitget XRPUSDTshort | +0.0100% | 8h | 1.5086 | +0.018% | $264.9M | $397.5M | 125x | |
| BingX XRP-USDC | +0.0100% | 8h | 1.5080 | −0.022% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5046 | −0.248% | $4.7M | $38.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5054 | −0.193% | $654K | $113.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5028 | −0.367% | $1.1M | $37.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5002 | −0.539% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5086 | +0.021% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5091 | +0.051% | $51K | $489K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5074 | −0.065% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5075 | −0.055% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5073 | −0.071% | $811K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5079 | −0.027% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5074 | −0.062% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5070 | −0.091% | $49.2M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5074 | −0.062% | $53.8M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5091 | +0.048% | $470K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5080 | −0.021% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5073 | −0.065% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0174% | 8h | 1.5069 | −0.095% | $1.7M | $35.7M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0184% | 1h | 1.5087 | +0.024% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5079 | −0.029% | $5.7M | $48.4M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0192% | 1h | 1.5071 | −0.084% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5085 | +0.013% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5051 | −0.214% | $23.3M | $76.7M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5091 | +0.049% | $520K | $786K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0596% | 1h | 1.5023 | −0.400% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
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
BingX XRP-USDC
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
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD