Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: MEXC against Lighter−0.044%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$50.046% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now −0.044%, 7d avg +0.001%
=Together, before fees+0.079%+ Points / potential airdropLighter: Season 3 · farm board+$8 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: MEXC is 0.045% cheaper against Lighter than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XRP | 1.5263 | 0.0096 | pay 0.0012% / 1h | 27m 52s | $2.8M | $14.1M | 20x |
| Short | MEXC XRP_USDT | 1.5256 | 0.0100 | get 0.0100% / 8h | 5h 27m | $307.6M | $901.1M | 300x |
Lighter XRP
MEXC XRP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.044% → +0.001%
- −$4.54
- Slippage, 4 orders
- −$4.63
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$8.33
- Costs to cover
- 0.046%
- Break-even
- 76.4 days
Slippage from Lighter: live order book, 4 min ago; MEXC: live order book, 4 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 | 1.41 bp | 2.4 bp −$2 | 6.8 bp −$68 | 15.4 bp −$1,535 | 33.6 bp −$16.8K |
| Sell MEXC live order book, 4 min ago | 0.33 bp | 0.3 bp $0 | 0.3 bp −$3 | 3.1 bp −$306 | 24.0 bp −$12.0K |
XRP on 50 exchanges
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 | 1.5374 | +0.729% | $5K | $4K | 20x | as long as short |
| 01 Exchange XRPUSD | −0.0072% | 1h | 1.5260 | −0.018% | $9K | $987 | 10x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0063% | 1h | 1.5265 | +0.012% | $13.8M | $69.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5255 | −0.048% | $1.1M | $154K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5260 | −0.018% | $68K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5265 | +0.015% | $7.6M | $20.9M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5258 | −0.030% | $241K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.947% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0088% | 1h | 1.5265 | +0.011% | $17K | $75K | 7x | as long as short |
| Lighter XRPlong | +0.0096% | 1h | 1.5263 | long leg | $2.8M | $14.1M | 20x |
Hotstuff XRP-PERP
01 Exchange XRPUSD
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Hibachi XRP/USDT-PShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5267 | +0.028% | $591K | $3.1M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5259 | −0.027% | $476K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5254 | −0.057% | $10K | $405K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5255 | −0.048% | $1.1M | $5.8M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5274 | +0.074% | $295.9M | $267.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5254 | −0.056% | $38.8M | $80.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5257 | −0.038% | $587K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5254 | −0.055% | $529.8M | $2.06B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5253 | −0.064% | $357.9M | $869.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5251 | −0.077% | $123.6M | $823.6M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5240 | −0.149% | $560K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5264 | +0.008% | $162K | $696K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5258 | −0.031% | $379.8M | $158.9M | 100x | as long as short |
| MEXC XRP_USDTshort | +0.0100% | 8h | 1.5256 | −0.044% | $307.6M | $901.1M | 300x | |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5260 | −0.017% | $104.4M | $181.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5261 | −0.012% | $270.0M | $354.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5255 | −0.051% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5257 | −0.038% | $4.9M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5249 | −0.090% | $662K | $109.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5255 | −0.051% | $1.1M | $32.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5256 | −0.044% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5260 | −0.017% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5258 | −0.031% | $52K | $473K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5258 | −0.033% | $41K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5258 | −0.031% | $83K | $601K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5261 | −0.008% | $128K | $1.5M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5261 | −0.012% | $33K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5254 | −0.057% | $49.7M | $13.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5261 | −0.012% | $54.4M | $33.3M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5287 | +0.155% | $1.6M | $32K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5253 | −0.062% | $2.2M | $6.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5256 | −0.046% | $59K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0104% | 1h | 1.5273 | +0.067% | $2.0M | $1.2M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0112% | 1h | 1.5264 | +0.008% | $5.5M | $42.8M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0127% | 8h | 1.5259 | −0.025% | $1.9M | $35.4M | 2.9x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5257 | −0.038% | $23.7M | $77.6M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0223% | 1h | 1.5255 | −0.050% | $1.3M | $1K | 15x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0226% / S −0.0461% | 1h | 1.5265 | +0.015% | $859K | — | 200x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5262 | −0.006% | $513K | $726K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0338% | 1h | 1.5265 | +0.012% | $3K | $13K | 10x | as long as short |
Lighter RH XRP
Paradex XRP-USD-PERP
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
Gate XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
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
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
BloFin XRP-USDT
Reya XRPRUSDPERP
GMX XRP/USD [ETH-USDC]
RISEx XRP/USDC
Aftermath Perps XRPUSD