Funding you earn now, next payment 11:00 UTC+0.0046%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against SoDEX+0.039%7-day average +0.021% · 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−$12as in the Price arb table
costs, in and out, $10k−$140.135% of the position
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.131%+$13 · spread now +0.039%, 7d avg +0.021%
=Together, before fees+0.135%+ Points / potential airdropLighter RH: Points live · farm board+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX XRP-USD | 1.5336 | 0.0050 | pay 0.0006% / 1h | 49m 13s | $29K | $1.5M | 10x |
| Short | Lighter RH XRP | 1.5342 | 0.0096 | get 0.0012% / 1h | 49m 13s | $597K | $3.1M | 20x |
SoDEX XRP-USD
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against SoDEX. 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
- $9.75
- Price spread: +0.039% → +0.021%
- $1.81
- Slippage, 4 orders
- −$5.54
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$1.98
- Costs to cover
- 0.135%
- Break-even
- 8.4 days
Slippage from SoDEX: live order book, 3 min ago; Lighter RH: 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 SoDEX live order book, 3 min ago | 0.33 bp | 4.3 bp −$4 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 1.96 bp | 2.3 bp −$2 | 6.3 bp −$63 | 42.5 bp −$4,253 | doesn't fit |
XRP on 50 exchanges
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 | 1.5403 | +0.437% | $5K | $4K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0062% | 1h | 1.5338 | +0.015% | $14.0M | $70.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5337 | +0.008% | $1.1M | $154K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5340 | +0.026% | $69K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5338 | +0.013% | $7.8M | $21.3M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5357 | +0.135% | $246K | — | 150x | as long as short |
| 01 Exchange XRPUSD | +0.0008% | 1h | 1.5331 | −0.033% | $9K | $987 | 10x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.461% | $2K | $107K | 30x | as long as short |
| SoDEX XRP-USDlong | +0.0050% | 1h | 1.5336 | long leg | $29K | $1.5M | 10x | |
| Lighter XRP | +0.0096% | 1h | 1.5336 | −0.003% | $2.8M | $14.1M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
01 Exchange XRPUSD
Injective XRP/USDC PERP
Lighter XRPShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRPshort | +0.0096% | 1h | 1.5342 | +0.039% | $597K | $3.1M | 20x | |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5332 | −0.027% | $478K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5326 | −0.065% | $10K | $401K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5334 | −0.010% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5344 | +0.052% | $299.1M | $266.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5337 | +0.007% | $39.3M | $81.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5333 | −0.020% | $592K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5334 | −0.011% | $534.5M | $2.08B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5337 | +0.007% | $361.7M | $888.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5334 | −0.013% | $124.9M | $836.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5321 | −0.098% | $563K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5337 | +0.007% | $165K | $681K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5379 | +0.280% | $1.6M | $25K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5337 | +0.007% | $382.3M | $156.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5335 | −0.007% | $314.0M | $889.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5336 | +0.002% | $106.0M | $181.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5334 | −0.013% | $272.0M | $357.0M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5329 | −0.046% | — | $4.2M | — | as long as short |
| Backpack XRP_USDC_PERP | +0.0100% | 1h | 1.5345 | +0.059% | $2.0M | $1.2M | 25x | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5325 | −0.074% | $5.0M | $38.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5326 | −0.063% | $666K | $109.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5340 | +0.028% | $1.1M | $30.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5341 | +0.033% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5333 | −0.017% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5334 | −0.013% | $52K | $475K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5334 | −0.013% | $42K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5337 | +0.007% | $83K | $613K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5334 | −0.011% | $129K | $1.5M | 30x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5336 | −0.001% | $50.0M | $14.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5340 | +0.026% | $54.7M | $33.3M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5329 | −0.043% | $2.2M | $6.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5330 | −0.039% | $59K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0112% | 1h | 1.5326 | −0.067% | $17K | $76K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0112% | 1h | 1.5340 | +0.026% | $5.5M | $44.1M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0137% | 8h | 1.5341 | +0.033% | $1.9M | $35.1M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0203% / S −0.0551% | 1h | 1.5345 | +0.057% | $805K | — | 200x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5333 | −0.020% | $23.9M | $78.3M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0223% | 1h | 1.5323 | −0.085% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5335 | −0.004% | $515K | $736K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0430% | 1h | 1.5356 | +0.129% | $3K | $13K | 10x | as long as short |
Paradex XRP-USD-PERP
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-USDC
Backpack XRP_USDC_PERP
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
SunX XRP-USDT
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
GMX XRP/USD [ETH-USDC]
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD