XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.029%

Price spread now: Coinbase International against Lighter RH+0.026%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$190.194% of the position

Long on Lighter RH Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.090%+$9 on $10k

Price spread, last 4 days (all we have)−0.600%−$60 · spread now +0.026%, 7d avg +0.020%

Together, before fees−0.511%+ Points / potential airdropLighter RH: Points live · farm board−$51 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH XRP	1.5199	0.0096	pay 0.0012% / 1h	11m 27s	$514K	$3.3M	20x
Short	Coinbase International XRP-PERP-INTX	1.5203	0.0216	get 0.0027% / 1h	11m 27s	$5.6M	$46.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter RH. 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 Lighter RHbpFee Coinbase InternationalbpOrdersPrice spread, now +0.026%Rate

Funding earned: $25.2
Price spread: +0.026% → +0.020%: $0.68
Slippage, 4 orders: −$9.38
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $6.5
Costs to cover: 0.194%
Break-even: 5.2 days

Slippage from Lighter RH: live order book, 2 min ago; Coinbase International: live order book, 3 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 RH live order book, 2 min ago	1.64 bp	2.2 bp −$2	5.8 bp −$58	36.6 bp −$3,658	doesn't fit
Sell Coinbase International live order book, 3 min ago	0.33 bp	8.1 bp −$8	10.9 bp −$109	24.8 bp −$2,484	doesn't fit

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	1.5195	−0.026%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5195	−0.029%	$1.1M	$110K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5198	−0.007%	$7.7M	$25.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5215	+0.106%	$254K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.375%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0033% / S +0.0038%	1h	1.5210	+0.075%	$797K	—	200x	as long as short
01 Exchange XRPUSD	+0.0064%	1h	1.5210	+0.072%	$8K	$8K	10x	as long as short
Orderly PERP_XRP_USDC	+0.0076%	8h	1.5220	+0.138%	$62K	$935K	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5202	+0.020%	$2.8M	$14.5M	20x	as long as short
Lighter RH XRPlong	+0.0096%	1h	1.5199	long leg	$514K	$3.3M	20x

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5199	0.000%	$10K	$311K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5210	+0.076%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5222	+0.151%	$282.9M	$223.3M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5207	+0.053%	$38.5M	$83.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5203	+0.023%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5217	+0.120%	$537.4M	$2.10B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5220	+0.138%	$347.1M	$929.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5221	+0.145%	$126.1M	$873.7M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5180	−0.125%	$565K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5211	+0.079%	$114K	$712K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5223	+0.158%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5215	+0.105%	$369.1M	$153.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5214	+0.099%	$296.1M	$903.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5211	+0.082%	$109.1M	$171.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5212	+0.086%	$269.8M	$380.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5214	+0.099%	—	$126.0M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5260	+0.398%	$6.0M	$36.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5211	+0.078%	$661K	$107.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5201	+0.012%	$1.1M	$35.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5221	+0.145%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5209	+0.064%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5212	+0.086%	$42K	$450K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5212	+0.088%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5200	+0.008%	$818K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5204	+0.033%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5196	−0.020%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5194	−0.034%	$49.7M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5193	−0.039%	$54.1M	$30.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5200	+0.005%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5202	+0.017%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5198	−0.008%	$58K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0189%	1h	1.5201	+0.013%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0208%	1h	1.5207	+0.056%	$17K	$82K	7x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5210	+0.072%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTXshort	+0.0216%	1h	1.5203	+0.026%	$5.6M	$46.6M	50x
BloFin XRP-USDT	+0.0220%	8h	1.5201	+0.013%	$24.3M	$75.3M	125x	as long as short
Kraken Futures PF_XRPUSD	+0.0272%	1h	1.5195	−0.028%	$14.4M	$73.2M	50x	as long as short
Kalshi KXXRPPERP	+0.0347%	8h	1.5205	+0.039%	$2.1M	$34.6M	2.9x	as long as short
RISEx XRP/USDC	+0.0484%	1h	1.5213	+0.094%	$518K	$778K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5220	+0.138%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0656%	1h	1.5218	+0.128%	$2K	$14K	10x	as long as short