Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.013%
Price spread now: 01 Exchange against Lighter+0.063%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and 01 Exchange is 0.063% dearer against Lighter than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XRP1.51580.0096pay 0.0012% / 1h4m 11s$2.8M$14.4M20x
Short01 Exchange XRPUSD1.51680.0136get 0.0017% / 1h4m 11s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Funding earned
$8.4
Price spread: +0.063% → 0.000%
$6.33
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$7.73
Costs to cover
0.070%
Break-even
0.6 days
Slippage unknown: Lighter: live order book, 4 min ago; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 4 min ago2.80 bp2.8 bp −$35.4 bp −$5415.8 bp −$1,58438.3 bp −$19.1K
Sell 01 Exchange no order-book sample
01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5154−0.029%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5164+0.038%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5140−0.121%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5158−0.003%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0024% / S +0.0053%1h1.5157−0.009%$801K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.649%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5155−0.023%$14.5M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0074%8h1.5159+0.004%$62K$935K50xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5157−0.009%$7.6M$25.0M50xas long as short
Lighter XRPlong+0.0096%1h1.5158long leg$2.8M$14.4M20x
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5158−0.003%$510K$3.3M20xas long as short
Katana Perps XRP-USD+0.0100%8h1.5157−0.009%$10K$299K20xas long as short
Nado XRP-PERP+0.0100%1h1.5170+0.080%$973K$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5159+0.004%$38.4M$83.5M100xas long as short
Pacifica XRP+0.0100%1h1.5169+0.072%$609K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5159+0.007%$537.3M$2.10B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5158−0.003%$341.9M$928.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5158−0.003%$124.8M$866.6M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5128−0.201%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5170+0.076%$115K$693K20xas long as short
Bulk XRP-USD+0.0100%1h1.5144−0.095%$1.6M$214K20xas long as short
Gate XRP_USDT+0.0100%8h1.5156−0.016%$368.6M$153.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5156−0.016%$294.5M$919.4M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5156−0.018%$106.9M$171.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5157−0.009%$267.3M$381.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5157−0.009%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5141−0.116%$6.3M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5131−0.180%$657K$109.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5120−0.253%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5137−0.141%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5162+0.024%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5165+0.043%$44K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5159+0.004%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5162+0.026%$816K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5168+0.060%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5157−0.009%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5159+0.006%$49.7M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5157−0.009%$53.9M$29.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5168+0.061%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5153−0.035%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5155−0.019%$58K$25K3xas long as short
01 Exchange XRPUSDshort+0.0136%1h1.5168+0.063%$8K$8K10x
Hyperliquid XRP+0.0162%1h1.5168+0.063%$280.4M$219.3M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5161+0.018%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5164+0.037%$5.7M$46.6M50xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5146−0.085%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0333%1h1.5166+0.050%$1.9M$1.3M25xas long as short
Kalshi KXXRPPERP+0.0359%8h1.5168+0.063%$2.1M$35.2M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5170+0.074%$530K$786K10xas long as short
Aftermath Perps XRPUSD+0.0745%1h1.5145−0.085%$2K$14K10xas long as short