Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter RH against SunX+0.071%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$510.513% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.071%, 7d avg −0.011%
=Together, before fees−0.149%+ Points / potential airdropLighter RH: Points live · farm board−$15 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 0.083% dearer against SunX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XRP-USDT | 1.5174 | 0.0100 | pay 0.0100% / 8h | 6h 22m | $127K | $1.8M | 30x |
| Short | Lighter RH XRP | 1.5185 | 0.0096 | get 0.0012% / 1h | 22m 23s | $514K | $3.3M | 20x |
SunX XRP-USDT
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against SunX. 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: +0.071% → −0.011%
- $8.27
- Slippage, 4 orders
- −$43.31
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$43.88
- Costs to cover
- 0.513%
- Break-even
- never at this rate
Slippage from SunX: live order book, 3 min ago; Lighter RH: live order book, 1 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 SunX live order book, 3 min ago | 14.03 bp | 18.2 bp −$18 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 1 min ago | 1.32 bp | 1.4 bp −$1 | 5.8 bp −$58 | 40.7 bp −$4,068 | doesn't fit |
XRP on 50 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 | 1.5179 | +0.032% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5175 | +0.007% | $1.1M | $120K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5210 | +0.236% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5170 | −0.028% | $254K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0021% / S +0.0058% | 1h | 1.5171 | −0.024% | $802K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.542% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0040% | 1h | 1.5167 | −0.050% | $14.6M | $72.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0072% | 8h | 1.5170 | −0.028% | $62K | $953K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5183 | +0.058% | $2.9M | $14.3M | 20x | as long as short |
| Lighter RH XRPshort | +0.0096% | 1h | 1.5185 | +0.071% | $514K | $3.3M | 20x |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Lighter XRPShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5171 | −0.021% | $11K | $307K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5181 | +0.043% | $914K | $5.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5183 | +0.057% | $38.7M | $84.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5186 | +0.077% | $610K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5175 | +0.004% | $538.3M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5174 | −0.001% | $341.7M | $939.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5171 | −0.021% | $124.5M | $872.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5173 | −0.008% | $565K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5183 | +0.058% | $115K | $700K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5190 | +0.101% | $1.6M | $330K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5179 | +0.032% | $369.3M | $152.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5182 | +0.051% | $291.0M | $913.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5180 | +0.037% | $107.3M | $171.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5181 | +0.045% | $266.2M | $383.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5176 | +0.012% | — | $126.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5199 | +0.163% | $6.2M | $35.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5184 | +0.062% | $659K | $108.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5187 | +0.083% | $1.1M | $37.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5205 | +0.203% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5183 | +0.058% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5184 | +0.065% | $44K | $445K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5180 | +0.036% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5171 | −0.019% | $816K | $76K | 10x | as long as short |
| SunX XRP-USDTlong | +0.0100% | 8h | 1.5174 | long leg | $127K | $1.8M | 30x | |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5170 | −0.028% | $30K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5171 | −0.024% | $49.7M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5170 | −0.028% | $53.9M | $29.8M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5186 | +0.076% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5181 | +0.043% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5167 | −0.051% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0128% | 1h | 1.5177 | +0.018% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0146% | 1h | 1.5172 | −0.014% | $7.6M | $25.3M | 50x | as long as short |
| Hyperliquid XRP | +0.0205% | 1h | 1.5192 | +0.117% | $281.2M | $221.7M | 20x | as long as short |
| Reya XRPRUSDPERP | +0.0214% | 1h | 1.5180 | +0.039% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5176 | +0.012% | $5.7M | $46.7M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0320% | 1h | 1.5168 | −0.042% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0356% | 1h | 1.5175 | +0.005% | $1.9M | $1.3M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0361% | 8h | 1.5177 | +0.018% | $2.1M | $35.7M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0456% | 1h | 1.5180 | +0.035% | $533K | $786K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0749% | 1h | 1.5177 | +0.017% | $2K | $14K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
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
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
Hyperliquid XRP
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD