XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0388%/8h= −42.5% APRnext payment −$0.48 per $10,000 · paid last 24h −0.119%

Price spread now: Lighter RH against RISEx−0.025%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$100.101% of the position

Long on RISEx Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.323%−$32 on $10k

Price spread, last 4 days (all we have)−0.209%−$21 · spread now −0.025%, 7d avg −0.041%

Together, before fees−0.532%+ Points / potential airdropLighter RH: Points live · farm board−$53 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx XRP/USDC	1.5207	0.0484	pay 0.0060% / 1h	30m 07s	$518K	$776K	10x
Short	Lighter RH XRP	1.5203	0.0096	get 0.0012% / 1h	30m 07s	$513K	$3.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against RISEx. 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 RISExbpFee Lighter RHbpOrdersPrice spread, now −0.025%Rate

Funding earned: −$81.42
Price spread: −0.025% → −0.041%: $1.53
Slippage, 4 orders: −$4.09
Fee RISEx: 3 bp × 2 orders: −$6
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$89.97
Costs to cover: 0.101%
Break-even: never at this rate

Slippage from RISEx: live order book, 33 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 RISEx live order book, 33 min ago	0.73 bp	3.7 bp −$4	8.7 bp −$87	doesn't fit	doesn't fit
Sell Lighter RH live order book, 3 min ago	1.32 bp	1.3 bp −$1	4.6 bp −$46	36.9 bp −$3,688	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	1.5193	−0.091%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5209	+0.017%	$1.1M	$110K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5195	−0.079%	$254K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.322%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0034% / S +0.0043%	1h	1.5196	−0.069%	$821K	—	200x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5201	−0.038%	$8K	$8K	10x	as long as short
Orderly PERP_XRP_USDC	+0.0075%	8h	1.5196	−0.071%	$62K	$935K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0079%	1h	1.5204	−0.019%	$7.7M	$25.3M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5200	−0.045%	$2.8M	$14.4M	20x	as long as short
Lighter RH XRPshort	+0.0096%	1h	1.5203	−0.025%	$513K	$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	1.5194	−0.085%	$10K	$308K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5203	−0.022%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5210	+0.021%	$281.9M	$221.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5199	−0.050%	$38.5M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5212	+0.034%	$611K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5198	−0.058%	$538.8M	$2.09B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5200	−0.045%	$345.1M	$927.6M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5203	−0.025%	$126.1M	$870.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5156	−0.334%	$565K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5205	−0.012%	$115K	$707K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5156	−0.333%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5198	−0.058%	$370.5M	$152.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5198	−0.058%	$293.2M	$898.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5200	−0.045%	$107.9M	$171.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5198	−0.058%	$268.2M	$380.5M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5201	−0.038%	—	$126.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5198	−0.056%	$5.8M	$36.4M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5177	−0.199%	$659K	$109.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5189	−0.118%	$1.1M	$35.5M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5161	−0.302%	$1.2M	$1.0M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5201	−0.036%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5202	−0.032%	$43K	$449K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5199	−0.052%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5197	−0.064%	$818K	$73K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5207	−0.002%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5201	−0.038%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5202	−0.035%	$49.8M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5202	−0.032%	$54.1M	$30.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5205	−0.010%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5196	−0.070%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5198	−0.058%	$58K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0207%	1h	1.5208	+0.008%	$1.9M	$1.3M	25x	as long as short
Reya XRPRUSDPERP	+0.0215%	1h	1.5194	−0.085%	$1.3M	$7K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5202	−0.032%	$5.6M	$46.6M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5209	+0.014%	$24.2M	$75.2M	125x	as long as short
Hibachi XRP/USDT-P	+0.0248%	1h	1.5197	−0.063%	$17K	$82K	7x	as long as short
Kraken Futures PF_XRPUSD	+0.0272%	1h	1.5199	−0.053%	$14.5M	$73.1M	50x	as long as short
Kalshi KXXRPPERP	+0.0354%	8h	1.5217	+0.067%	$2.2M	$34.9M	2.9x	as long as short
RISEx XRP/USDClong	+0.0484%	1h	1.5207	long leg	$518K	$776K	10x
Phoenix XRP	+0.0528%	1h	1.5190	−0.111%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0681%	1h	1.5178	−0.188%	$2K	$14K	10x	as long as short