Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Nado+0.158%48s7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$120.124% of the position
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 7 days−0.202%−$20 · spread now +0.158%, 7d avg −0.041%
=Together, before fees−0.206%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.200% dearer against Nado than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.041%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado XRP-PERP | 1.5458 | 0.0100 | pay 0.0012% / 1h | 0m 36s | $1.1M | $5.3M | 20x |
| Short | Lighter RH XRP | 1.5483 | 0.0096 | get 0.0012% / 1h | 0m 36s | $447K | $3.1M | 20x |
Nado XRP-PERP
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Nado. 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
- −$0.84
- Price spread: +0.158% → −0.041%
- $19.99
- Slippage, 4 orders
- −$5.43
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $6.72
- Costs to cover
- 0.124%
- Break-even
- from the start
Slippage from Nado: live order book, 3 min ago; Lighter RH: 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 Nado live order book, 3 min ago | 0.32 bp | 3.8 bp −$4 | 8.7 bp −$87 | 40.4 bp −$4,039 | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.29 bp | 1.3 bp −$1 | 5.2 bp −$52 | 30.6 bp −$3,059 | 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 | 1.5457 | −0.010% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5482 | +0.151% | $1.1M | $101K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5430 | −0.184% | $69K | $89K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5472 | +0.087% | $9.4M | $24.8M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5471 | +0.083% | $259K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0040% | 1h | 1.5290 | −1.090% | $2K | $86K | 30x | as long as short |
| Orderly PERP_XRP_USDC | +0.0049% | 8h | 1.5471 | +0.081% | $81K | $935K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0077% / S +0.0160% | 1h | 1.5478 | +0.125% | $911K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5481 | +0.147% | $3.0M | $11.6M | 20x | as long as short |
| Lighter RH XRPshort | +0.0096% | 1h | 1.5483 | +0.158% | $447K | $3.1M | 20x |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Orderly PERP_XRP_USDC
GMX XRP/USD [ETH-USDC]
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERPlong | +0.0100% | 1h | 1.5458 | long leg | $1.1M | $5.3M | 20x | |
| Aster XRPUSDT | +0.0100% | 8h | 1.5490 | +0.203% | $39.4M | $73.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5490 | +0.203% | $677K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5490 | +0.202% | $557.2M | $1.88B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5489 | +0.197% | $348.5M | $854.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5489 | +0.197% | $126.2M | $854.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5393 | −0.424% | $575K | $40K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5511 | +0.340% | $120K | $696K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5455 | −0.025% | $1.7M | $470K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5488 | +0.191% | $368.9M | $134.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5488 | +0.191% | $284.1M | $827.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5488 | +0.193% | $112.6M | $149.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5490 | +0.204% | $268.6M | $347.7M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5503 | +0.288% | — | $114.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5410 | −0.315% | $6.6M | $24.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5414 | −0.290% | $670K | $96.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5398 | −0.391% | $1.1M | $41.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5386 | −0.469% | $1.0M | $879K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5454 | −0.029% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5470 | +0.074% | $51K | $437K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5486 | +0.176% | $42K | $61K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5468 | +0.060% | $833K | $70K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5487 | +0.187% | $130K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5470 | +0.074% | $32K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5467 | +0.052% | $50.9M | $15.0M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5470 | +0.074% | $55.2M | $28.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5488 | +0.193% | $483K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5531 | +0.469% | $11K | $243K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5511 | +0.338% | $2.1M | $7.0M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5468 | +0.063% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0152% | 1h | 1.5462 | +0.023% | $8K | $8K | 10x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0168% | 1h | 1.5469 | +0.069% | $15.8M | $65.3M | 50x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5475 | +0.107% | $5.7M | $45.2M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0211% | 1h | 1.5480 | +0.139% | $1.4M | $9K | 15x | as long as short |
| Backpack XRP_USDC_PERP | +0.0212% | 1h | 1.5478 | +0.126% | $1.8M | $956K | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5467 | +0.055% | $24.3M | $69.4M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0311% | 8h | 1.5463 | +0.029% | $1.8M | $32.0M | 2.9x | as long as short |
| Hibachi XRP/USDT-P | +0.0320% | 1h | 1.5457 | −0.008% | $19K | $66K | 7x | as long as short |
| RISEx XRP/USDC | +0.0431% | 1h | 1.5537 | +0.505% | $408K | $523K | 10x | as long as short |
| Hyperliquid XRP | +0.0522% | 1h | 1.5498 | +0.256% | $286.2M | $191.3M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0575% | 1h | 1.5435 | −0.149% | $1K | $11K | 10x | as long as short |
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
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Kraken Futures PF_XRPUSD
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Kalshi KXXRPPERP
Hibachi XRP/USDT-P
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD