Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.4% APRnext payment $0.05 per $10,000 · paid last 24h −0.013%
Price spread now: Lighter RH against 01 Exchange+0.053%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Lighter RH is 0.053% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.51230.0136pay 0.0017% / 1h1m 06s$8K$8K10x
ShortLighter RH XRP1.51310.0096get 0.0012% / 1h1m 06s$509K$3.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against 01 Exchange. 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

Funding earned
−$8.4
Price spread: +0.053% → 0.000%
$5.29
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$10.11
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Lighter RH live order book, 2 min ago0.66 bp0.7 bp −$14.6 bp −$4637.0 bp −$3,700doesn't fit
01 Exchange: 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 50 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5134+0.073%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5127+0.030%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5140+0.112%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5125+0.013%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0024% / S +0.0052%1h1.5124+0.004%$799K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.890%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5125+0.014%$14.5M$72.7M50xas long as short
Orderly PERP_XRP_USDC+0.0074%8h1.5126+0.020%$62K$935K50xas long as short
Lighter XRP+0.0096%1h1.5127+0.030%$2.8M$14.4M20xas long as short
Lighter RH XRPshort+0.0096%1h1.5131+0.053%$509K$3.3M20x
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5116−0.046%$10K$299K20xas long as short
Nado XRP-PERP+0.0100%1h1.5135+0.083%$975K$6.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5129+0.037%$38.4M$83.4M100xas long as short
Pacifica XRP+0.0100%1h1.5126+0.018%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5118−0.033%$535.8M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5118−0.033%$341.1M$926.3M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5119−0.026%$124.4M$862.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5128+0.033%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5126+0.020%$115K$694K20xas long as short
Bulk XRP-USD+0.0100%1h1.5144+0.139%$1.6M$214K20xas long as short
Gate XRP_USDT+0.0100%8h1.5124+0.007%$367.8M$153.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5127+0.026%$293.2M$920.0M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5124+0.005%$106.6M$170.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5121−0.013%$266.8M$379.7M125xas long as short
BingX XRP-USDT+0.0100%8h1.5125+0.013%$126.8Mas long as short
Variational Omni XRP+0.0100%8h1.5125+0.012%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5146+0.154%$658K$109.6M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5132+0.058%$1.1M$36.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5159+0.238%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5129+0.040%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5124+0.007%$42K$445K20xas long as short
Bullet XRP-USD+0.0100%1h1.5129+0.040%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5129+0.037%$814K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5128+0.032%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5128+0.033%$30K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5123−0.001%$49.6M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5129+0.040%$53.9M$29.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5127+0.024%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5123−0.001%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5125+0.012%$58K$25K3xas long as short
01 Exchange XRPUSDlong+0.0136%1h1.5123long leg$8K$8K10x
Deribit XRP_USDC-PERPETUAL+0.0147%1h1.5130+0.046%$7.7M$25.1M50xas long as short
Hyperliquid XRP+0.0154%1h1.5131+0.053%$280.0M$219.9M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5122−0.005%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5132+0.060%$5.7M$46.5M50xas long as short
Backpack XRP_USDC_PERP+0.0327%1h1.5131+0.053%$1.9M$1.3M25xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5135+0.080%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0358%8h1.5133+0.066%$2.1M$35.1M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5126+0.017%$527K$787K10xas long as short
Aftermath Perps XRPUSD+0.0767%1h1.5141+0.116%$2K$14K10xas long as short