XRP

Alert: funding

Alert: spread

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

Price spread now: Vest against Lighter+0.086%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · Vest: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.086% dearer against Lighter than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XRP	1.5431	0.0096	pay 0.0012% / 1h	56m 00s	$2.8M	$14.4M	20x
Short	Vest XRP-PERP	1.5444	0.0100	get 0.0013% / 1h	56m 00s	—	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.086%Rate

Funding earned: $0.84
Price spread: +0.086% → 0.000%: $8.65
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: $7.49
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Lighter: live order book, 8 min ago; Vest: no order-book sample. Net counts fees only.

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	1.27 bp	2.2 bp −$2	7.4 bp −$74	18.2 bp −$1,816	38.0 bp −$19.0K
Sell Vest no order-book sample	—	—	—	—	—

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XRP on 50 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	1.5445	+0.093%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5437	+0.041%	$1.1M	$155K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5490	+0.385%	$70K	$108K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5432	+0.009%	$8.0M	$22.1M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5479	+0.311%	$251K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0015%	1h	1.5425	−0.033%	$14.1M	$73.4M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+0.839%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0072%	1h	1.5438	+0.051%	$17K	$78K	7x	as long as short
Lighter XRPlong	+0.0096%	1h	1.5431	long leg	$2.8M	$14.4M	20x
Lighter RH XRP	+0.0096%	1h	1.5428	−0.017%	$621K	$3.1M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5438	+0.048%	$17K	$378K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5453	+0.146%	$482K	$51K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5435	+0.032%	$993K	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5411	−0.127%	$39.1M	$83.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5442	+0.075%	$610K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5411	−0.127%	$537.7M	$2.12B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5407	−0.153%	$358.5M	$906.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5404	−0.172%	$126.3M	$849.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5434	+0.022%	$567K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5444	+0.087%	$167K	$705K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5425	−0.039%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5417	−0.088%	$385.5M	$155.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5416	−0.095%	$309.8M	$895.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5426	−0.029%	$109.5M	$180.4M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5416	−0.095%	$273.0M	$360.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5412	−0.121%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5471	+0.259%	$4.9M	$38.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5462	+0.204%	$672K	$113.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5484	+0.343%	$1.1M	$32.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5492	+0.398%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERPshort	+0.0100%	1h	1.5444	+0.086%	—	$15K	10x
Polymarket Perps XRP-USD	+0.0100%	1h	1.5442	+0.074%	$53K	$480K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5440	+0.059%	$42K	$66K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5437	+0.041%	$78K	$623K	50x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5430	−0.006%	$130K	$1.6M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5426	−0.030%	$30K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5426	−0.030%	$50.3M	$14.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5423	−0.049%	$54.8M	$33.3M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5428	−0.016%	$2.1M	$5.9M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5441	+0.066%	$59K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0120%	1h	1.5440	+0.061%	$9K	$2K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0120%	1h	1.5427	−0.023%	$5.3M	$45.8M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0145% / S −0.0112%	1h	1.5436	+0.032%	$827K	—	200x	as long as short
Kalshi KXXRPPERP	+0.0170%	8h	1.5451	+0.132%	$1.7M	$32.9M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0190%	1h	1.5428	−0.017%	$2.0M	$1.3M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5443	+0.080%	$23.8M	$79.4M	125x	as long as short
Reya XRPRUSDPERP	+0.0222%	1h	1.5420	−0.070%	$1.4M	$4K	15x	as long as short
Hyperliquid XRP	+0.0268%	1h	1.5432	+0.009%	$298.3M	$266.9M	20x	as long as short
RISEx XRP/USDC	+0.0272%	1h	1.5442	+0.077%	$516K	$796K	10x	as long as short
Aftermath Perps XRPUSD	+0.0488%	1h	1.5458	+0.178%	$3K	$15K	10x	as long as short