XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: Lighter against SoDEX+0.014%7-day average +0.022% · 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−$13as in the Price arb table

costs, in and out, $10k−$120.120% of the position

Long on SoDEX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.606%+$61 · spread now +0.014%, 7d avg +0.022%

Together, before fees+0.610%+ Points / potential airdropLighter: Season 3 · farm board+$61 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XRP-USD	1.5144	0.0100	pay 0.0013% / 1h	30m 57s	$30K	$1.5M	10x
Short	Lighter XRP	1.5146	0.0096	get 0.0012% / 1h	30m 57s	$2.8M	$14.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. 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 SoDEXbpFee LighterbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$0.84
Price spread: +0.014% → +0.022%: −$0.79
Slippage, 4 orders: −$4.03
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$13.65
Costs to cover: 0.120%
Break-even: never at this rate

Slippage from SoDEX: live order book, 3 min ago; Lighter: live order book, 8 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 SoDEX live order book, 3 min ago	0.33 bp	4.3 bp −$4	7.6 bp −$76	doesn't fit	doesn't fit
Sell Lighter live order book, 8 min ago	0.99 bp	2.4 bp −$2	6.7 bp −$67	15.5 bp −$1,546	38.4 bp −$19.2K

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
Kraken Futures PF_XRPUSD	−0.0172%	1h	1.5146	+0.014%	$14.7M	$74.5M	50x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	1.5143	−0.007%	$5K	$3K	20x	as long as short
Phoenix XRP	0.0000%	1h	1.5170	+0.172%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5142	−0.012%	$246K	—	150x	as long as short
dYdX XRP-USD	+0.0010%	1h	1.5149	+0.034%	$1.1M	$157K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5148	+0.026%	$7.7M	$23.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.747%	$2K	$107K	30x	as long as short
Hibachi XRP/USDT-P	+0.0072%	1h	1.5149	+0.035%	$17K	$78K	7x	as long as short
Lighter XRPshort	+0.0096%	1h	1.5146	+0.014%	$2.8M	$14.6M	20x
Lighter RH XRP	+0.0096%	1h	1.5151	+0.046%	$617K	$3.1M	20x	as long as short

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	1.5142	−0.013%	$20K	$381K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5147	+0.017%	$990K	$6.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5144	0.000%	$38.4M	$84.3M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5147	+0.022%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5143	−0.007%	$527.8M	$2.17B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5140	−0.026%	$352.5M	$939.2M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5142	−0.013%	$125.8M	$848.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5150	+0.040%	$556K	$40K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5154	+0.066%	$143K	$708K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5201	+0.376%	$1.6M	$13K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5144	0.000%	$377.0M	$153.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5142	−0.013%	$310.6M	$917.2M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5143	−0.005%	$105.8M	$183.3M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5141	−0.020%	$267.9M	$380.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5142	−0.013%	—	$108.5M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5200	+0.370%	$4.8M	$38.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5161	+0.114%	$659K	$112.8M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5198	+0.357%	$1.1M	$33.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5155	+0.073%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5154	+0.064%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5149	+0.033%	$52K	$509K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5146	+0.015%	$41K	$68K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5145	+0.007%	$77K	$648K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5145	+0.004%	$815K	$76K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5152	+0.053%	$127K	$1.7M	30x	as long as short
SoDEX XRP-USDlong	+0.0100%	1h	1.5144	long leg	$30K	$1.5M	10x
HTX XRP-USDT	+0.0100%	8h	1.5146	+0.011%	$49.4M	$14.9M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5151	+0.046%	$54.0M	$32.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5149	+0.035%	$472K	$54K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5137	−0.043%	$2.1M	$6.7M	50x	as long as short
01 Exchange XRPUSD	+0.0104%	1h	1.5149	+0.033%	$8K	$2K	10x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5144	−0.001%	$58K	$25K	3x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0119% / S −0.0085%	1h	1.5145	+0.004%	$785K	—	200x	as long as short
Coinbase International XRP-PERP-INTX	+0.0160%	1h	1.5150	+0.040%	$5.3M	$47.7M	50x	as long as short
Kalshi KXXRPPERP	+0.0169%	8h	1.5155	+0.073%	$1.7M	$33.2M	2.9x	as long as short
Hyperliquid XRP	+0.0178%	1h	1.5159	+0.099%	$289.7M	$267.9M	20x	as long as short
Backpack XRP_USDC_PERP	+0.0204%	1h	1.5156	+0.079%	$2.0M	$1.3M	25x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5144	0.000%	$23.7M	$77.4M	125x	as long as short
Reya XRPRUSDPERP	+0.0221%	1h	1.5141	−0.018%	$1.3M	$4K	15x	as long as short
RISEx XRP/USDC	+0.0337%	1h	1.5149	+0.031%	$518K	$788K	10x	as long as short
Aftermath Perps XRPUSD	+0.0560%	1h	1.5183	+0.258%	$2K	$16K	10x	as long as short