Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Lighter against Vest+0.051%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVest: Active · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.051% dearer against Vest than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest XRP-PERP | 1.5366 | 0.0100 | pay 0.0013% / 1h | 24m 49s | — | $10K | 10x |
| Short | Lighter XRP | 1.5374 | 0.0096 | get 0.0012% / 1h | 24m 49s | $2.9M | $12.9M | 20x |
Vest XRP-PERP
Lighter XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Vest. 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: +0.051% → 0.000%
- $5.14
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $2.3
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Lighter: live order book, 4 min ago. Net counts fees only.
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 Vest no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 1.03 bp | 1.4 bp −$1 | 4.8 bp −$48 | 20.0 bp −$1,995 | 40.9 bp −$20.5K |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1.5379 | +0.084% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5363 | −0.017% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5420 | +0.351% | $69K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5358 | −0.050% | $266K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0006% / S +0.0098% | 1h | 1.5358 | −0.051% | $830K | — | 200x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5373 | +0.046% | $15.0M | $69.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0058% | 8h | 1.5374 | +0.052% | $75K | $910K | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0075% | 1h | 1.5376 | +0.065% | $9.4M | $25.6M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +1.262% | $2K | $107K | 30x | as long as short |
| Lighter XRPshort | +0.0096% | 1h | 1.5374 | +0.051% | $2.9M | $12.9M | 20x |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5377 | +0.071% | $439K | $3.2M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5362 | −0.023% | $1.1M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5360 | −0.037% | $39.1M | $81.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5369 | +0.019% | $632K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5368 | +0.014% | $547.3M | $2.04B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5365 | −0.007% | $341.2M | $923.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5365 | −0.007% | $125.2M | $881.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5382 | +0.104% | $573K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5364 | −0.013% | $116K | $757K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5410 | +0.286% | $1.7M | $572K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5364 | −0.013% | $360.9M | $147.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5368 | +0.013% | $291.6M | $884.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5359 | −0.046% | $109.8M | $165.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5362 | −0.026% | $267.3M | $374.9M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5361 | −0.033% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5385 | +0.122% | $11.4M | $30.6M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5405 | +0.252% | $669K | $104.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5403 | +0.240% | $1.1M | $40.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5406 | +0.260% | $1.0M | $900K | 50x | as long as short |
| Vest XRP-PERPlong | +0.0100% | 1h | 1.5366 | long leg | — | $10K | 10x | |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5362 | −0.026% | $47K | $455K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5361 | −0.030% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5374 | +0.052% | $828K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5369 | +0.022% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5375 | +0.058% | $31K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5371 | +0.034% | $50.5M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5372 | +0.039% | $54.7M | $29.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5367 | +0.008% | $479K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5358 | −0.052% | $11K | $268K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5361 | −0.036% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5372 | +0.037% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5359 | −0.046% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5358 | −0.053% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5370 | +0.026% | $24.3M | $74.6M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5382 | +0.104% | $5.8M | $47.3M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0259% | 1h | 1.5372 | +0.039% | $1.7M | $1.0M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0264% | 1h | 1.5383 | +0.111% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0305% | 8h | 1.5373 | +0.045% | $1.9M | $34.4M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0589% | 1h | 1.5381 | +0.097% | $292.5M | $212.2M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5369 | +0.021% | $499K | $635K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0791% | 1h | 1.5417 | +0.331% | $1K | $11K | 10x | as long as short |
Lighter RH XRP
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-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
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
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Kalshi KXXRPPERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD