Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.006%
Price spread now: Lighter RH against Vest+0.041%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 RH: Points live · 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 RH is 0.041% dearer against Vest than usual: you sell high and buy low, +$4 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 | 1.5514 | 0.0100 | pay 0.0013% / 1h | 6m 09s | — | $10K | 10x |
| Short | Lighter RH XRP | 1.5520 | 0.0096 | get 0.0012% / 1h | 6m 09s | $443K | $3.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$0.86
- Price spread: +0.041% → 0.000%
- $4.07
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $1.22
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Lighter RH: live order book, 2 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 RH live order book, 2 min ago | 1.94 bp | 1.9 bp −$2 | 5.8 bp −$58 | 36.3 bp −$3,630 | doesn't fit |
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 | 1.5513 | −0.004% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5506 | −0.046% | $1.1M | $113K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5521 | +0.047% | $9.5M | $25.1M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0001% / S +0.0113% | 1h | 1.5522 | +0.055% | $853K | — | 200x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5521 | +0.047% | $260K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +0.299% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0041% | 1h | 1.5519 | +0.033% | $15.5M | $68.5M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0055% | 8h | 1.5521 | +0.047% | $76K | $909K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5517 | +0.022% | $3.0M | $12.4M | 20x | as long as short |
| Lighter RH XRPshort | +0.0096% | 1h | 1.5520 | +0.041% | $443K | $3.2M | 20x |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5520 | +0.039% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5524 | +0.066% | $39.5M | $79.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5518 | +0.026% | $639K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5516 | +0.015% | $558.3M | $1.99B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5516 | +0.015% | $346.3M | $903.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5513 | −0.004% | $127.8M | $881.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5467 | −0.301% | $576K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5522 | +0.054% | $119K | $746K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5501 | −0.079% | $1.7M | $578K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5514 | +0.002% | $363.6M | $143.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5515 | +0.009% | $300.0M | $868.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5515 | +0.010% | $113.1M | $161.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5515 | +0.009% | $271.0M | $366.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5516 | +0.015% | — | $119.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5501 | −0.079% | $11.8M | $30.2M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5508 | −0.036% | $673K | $101.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5513 | −0.004% | $1.1M | $41.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5507 | −0.043% | $1.0M | $884K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5526 | +0.079% | $46K | $449K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5524 | +0.068% | $42K | $66K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5523 | +0.059% | $836K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5526 | +0.076% | $130K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5520 | +0.041% | $32K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5517 | +0.023% | $51.0M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5517 | +0.021% | $55.2M | $29.0M | 50x | as long as short |
| Vest XRP-PERPlong | +0.0100% | 1h | 1.5514 | long leg | — | $10K | 10x | |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5517 | +0.020% | $484K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5519 | +0.034% | $11K | $261K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5517 | +0.024% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5520 | +0.038% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0176% | 1h | 1.5527 | +0.086% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5521 | +0.044% | $1.4M | $8K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5529 | +0.099% | $6.0M | $47.5M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5499 | −0.095% | $24.6M | $73.6M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0256% | 1h | 1.5494 | −0.125% | $18K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0294% | 1h | 1.5525 | +0.073% | $1.7M | $1.0M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0320% | 8h | 1.5526 | +0.079% | $1.9M | $33.2M | 2.9x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5500 | −0.088% | $69K | $90K | 15x | as long as short |
| RISEx XRP/USDC | +0.0527% | 1h | 1.5534 | +0.133% | $509K | $631K | 10x | as long as short |
| Hyperliquid XRP | +0.0581% | 1h | 1.5533 | +0.125% | $290.4M | $204.6M | 20x | as long as short |
| Aftermath Perps XRPUSD | +0.0770% | 1h | 1.5520 | +0.039% | $1K | $11K | 10x | as long as short |
Lighter RH XRP
Deribit XRP_USDC-PERPETUAL
GMX XRP/USD [ETH-USDC]
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
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
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
01 Exchange XRPUSD
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Phoenix XRP
RISEx XRP/USDC
Hyperliquid XRP
Aftermath Perps XRPUSD