Funding you earn now, next payment 06:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%
Price spread now: dYdX against Lighter RH+0.144%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$520.517% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now +0.144%, 7d avg +0.019%
=Together, before fees−0.144%+ Points / potential airdropLighter RH: Points live · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.125% dearer against Lighter RH than usual: you sell high and buy low (spread +0.144% now, against its 7-day average of +0.019%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XRP | 1.4945 | 0.0096 | pay 0.0012% / 1h | 27m 15s | $540K | $3.3M | 20x |
| Short | dYdX XRP-USD | 1.4966 | 0 | get 0.0000% / 1h | 27m 15s | $1.1M | $130K | 10x |
Lighter RH XRP
dYdX XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.16
- Price spread: +0.144% → +0.019%
- $12.48
- Slippage, 4 orders
- −$41.71
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$59.39
- Costs to cover
- 0.517%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 1 min ago; dYdX: live order book, 2 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, 1 min ago | 1.00 bp | 1.0 bp −$1 | 4.8 bp −$48 | 38.4 bp −$3,842 | doesn't fit |
| Sell dYdX live order book, 2 min ago | 18.99 bp | 24.0 bp −$24 | 24.0 bp −$240 | 41.9 bp −$4,193 | 100.8 bp −$50.4K |
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 | 1.4958 | +0.087% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.4943 | −0.013% | $14.1M | $75.2M | 50x | as long as short |
| dYdX XRP-USDshort | 0.0000% | 1h | 1.4966 | +0.144% | $1.1M | $130K | 10x | |
| Phoenix XRP | 0.0000% | 1h | 1.5010 | +0.435% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.4943 | −0.013% | $7.6M | $25.8M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.4937 | −0.055% | $244K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +4.115% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.4935 | −0.065% | $787K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.4960 | +0.100% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.4945 | +0.001% | $2.8M | $15.0M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRPlong | +0.0096% | 1h | 1.4945 | long leg | $540K | $3.3M | 20x | |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.4940 | −0.033% | $11K | $363K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.4948 | +0.023% | $940K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.4957 | +0.080% | $284.8M | $261.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.4941 | −0.026% | $38.1M | $87.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.4965 | +0.137% | $598K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.4945 | 0.000% | $523.1M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.4944 | −0.007% | $338.1M | $969.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.4949 | +0.027% | $123.5M | $888.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.4954 | +0.060% | $559K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.4961 | +0.107% | $143K | $729K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5027 | +0.548% | $1.6M | $4K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.4940 | −0.033% | $365.6M | $158.6M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.4947 | +0.013% | $278.1M | $917.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.4946 | +0.003% | $104.4M | $180.6M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.4939 | −0.040% | $262.2M | $399.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.4939 | −0.040% | — | $106.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5004 | +0.396% | $4.7M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5011 | +0.444% | $652K | $112.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5001 | +0.373% | $1.1M | $37.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5018 | +0.488% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.4957 | +0.077% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.4947 | +0.013% | $51K | $492K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.4939 | −0.040% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.4936 | −0.060% | $61K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.4939 | −0.042% | $804K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.4945 | −0.003% | $125K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.4946 | +0.007% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.4938 | −0.048% | $48.8M | $15.9M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.4945 | 0.000% | $53.3M | $32.0M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.4966 | +0.137% | $467K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.4938 | −0.044% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.4942 | −0.020% | $57K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0137% | 8h | 1.4956 | +0.074% | $1.6M | $35.8M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0159% | 1h | 1.4983 | +0.254% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.4948 | +0.020% | $5.5M | $48.0M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0208% | 1h | 1.4967 | +0.148% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.4936 | −0.060% | $1.3M | $6K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.4939 | −0.040% | $23.2M | $76.1M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.4954 | +0.064% | $510K | $781K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0633% | 1h | 1.5011 | +0.443% | $2K | $16K | 10x | as long as short |
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
Bitget XRPUSDT
BingX XRP-USDT
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