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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.014%
Price spread now: 01 Exchange against Lighter RH−0.078%7-day average · you buy dearer than you sell
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 RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. 01 Exchange is 0.078% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.078% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 4.6 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XRP1.54740.0096pay 0.0012% / 1h1m 10s$447K$3.1M20x
Short01 Exchange XRPUSD1.54620.0152get 0.0019% / 1h1m 10s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Funding earned
$11.76
Price spread: −0.078% → 0.000%
−$7.75
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$2.99
Costs to cover
0.070%
Break-even
8.8 days
Slippage unknown: Lighter RH: live order book, 2 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 RH live order book, 2 min ago1.29 bp3.1 bp −$35.4 bp −$5432.3 bp −$3,228doesn't fit
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 51 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%1h1.5457−0.110%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5454−0.132%$1.1M$101K10xas long as short
Phoenix XRP0.0000%1h1.5430−0.284%$69K$89K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5472−0.013%$9.4M$24.8M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5471−0.017%$259K150xas long as short
Injective XRP/USDC PERP+0.0040%1h1.5290−1.189%$2K$86K30xas long as short
Orderly PERP_XRP_USDC+0.0049%8h1.5471−0.019%$81K$935K50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0077% / S +0.0160%1h1.5478+0.025%$911K200xas long as short
Lighter XRP+0.0096%1h1.5472−0.012%$3.0M$11.6M20xas long as short
Lighter RH XRPlong+0.0096%1h1.5474long leg$447K$3.1M20x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5458−0.100%$1.1M$5.3M20xas long as short
Aster XRPUSDT+0.0100%8h1.5478+0.028%$39.4M$73.3M100xas long as short
Pacifica XRP+0.0100%1h1.5462−0.080%$675K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5471−0.019%$556.5M$1.88B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5465−0.058%$348.1M$854.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5464−0.065%$126.1M$852.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5393−0.523%$575K$40K5xas long as short
Arcus XRP-USD+0.0100%1h1.5461−0.084%$121K$688K20xas long as short
Bulk XRP-USD+0.0100%1h1.5455−0.126%$1.7M$470K20xas long as short
Gate XRP_USDT+0.0100%8h1.5486+0.078%$369.0M$134.7M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5461−0.084%$284.6M$827.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5468−0.036%$112.7M$149.4M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5461−0.084%$268.0M$347.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.5463−0.071%$114.8Mas long as short
Variational Omni XRP+0.0100%8h1.5410−0.415%$6.6M$24.8Mas long as short
edgeX XRPUSDC+0.0100%4h1.5414−0.390%$670K$96.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5398−0.491%$1.1M$41.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5386−0.569%$1.0M$879K50xas long as short
Vest XRP-PERP+0.0100%1h1.5454−0.130%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5470−0.026%$51K$437K20xas long as short
Bullet XRP-USD+0.0100%1h1.5486+0.075%$42K$61K20xas long as short
Derive XRP-PERP+0.0100%1h1.5468−0.040%$833K$70K10xas long as short
SunX XRP-USDT+0.0100%8h1.5487+0.087%$130K$1.7M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5470−0.026%$32K$1.9M10xas long as short
HTX XRP-USDT+0.0100%8h1.5467−0.048%$50.9M$15.0M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5470−0.026%$55.2M$28.3M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5458−0.101%$482K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5459−0.097%$11K$242K20xas long as short
Extended XRP-USD+0.0104%1h1.5467−0.046%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5468−0.037%$72K$40K3xas long as short
01 Exchange XRPUSDshort+0.0152%1h1.5462−0.078%$8K$8K10x
Kraken Futures PF_XRPUSD+0.0168%1h1.5469−0.031%$15.8M$65.3M50xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5475+0.006%$5.7M$45.2M50xas long as short
Reya XRPRUSDPERP+0.0211%1h1.5480+0.039%$1.4M$9K15xas long as short
Backpack XRP_USDC_PERP+0.0212%1h1.5478+0.026%$1.8M$956K25xas long as short
BloFin XRP-USDT+0.0220%8h1.5467−0.045%$24.3M$69.4M125xas long as short
Kalshi KXXRPPERP+0.0311%8h1.5463−0.071%$1.8M$32.0M2.9xas long as short
Hibachi XRP/USDT-P+0.0320%1h1.5457−0.108%$19K$66K7xas long as short
RISEx XRP/USDC+0.0431%1h1.5463−0.069%$406K$523K10xas long as short
Hyperliquid XRP+0.0521%1h1.5472−0.013%$285.8M$191.1M20xas long as short
Aftermath Perps XRPUSD+0.0575%1h1.5435−0.249%$1K$11K10xas long as short