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
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 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange XRPUSD | 1.5123 | 0.0136 | pay 0.0017% / 1h | 1m 06s | $8K | $8K | 10x |
| Short | Lighter RH XRP | 1.5131 | 0.0096 | get 0.0012% / 1h | 1m 06s | $509K | $3.3M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 2 min ago | 0.66 bp | 0.7 bp −$1 | 4.6 bp −$46 | 37.0 bp −$3,700 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5134 | +0.073% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5127 | +0.030% | $1.1M | $110K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5140 | +0.112% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5125 | +0.013% | $253K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0024% / S +0.0052% | 1h | 1.5124 | +0.004% | $799K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.890% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0040% | 1h | 1.5125 | +0.014% | $14.5M | $72.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0074% | 8h | 1.5126 | +0.020% | $62K | $935K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5127 | +0.030% | $2.8M | $14.4M | 20x | as long as short |
| Lighter RH XRPshort | +0.0096% | 1h | 1.5131 | +0.053% | $509K | $3.3M | 20x |
Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5116 | −0.046% | $10K | $299K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5135 | +0.083% | $975K | $6.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5129 | +0.037% | $38.4M | $83.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5126 | +0.018% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5118 | −0.033% | $535.8M | $2.09B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5118 | −0.033% | $341.1M | $926.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5119 | −0.026% | $124.4M | $862.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5128 | +0.033% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5126 | +0.020% | $115K | $694K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5144 | +0.139% | $1.6M | $214K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5124 | +0.007% | $367.8M | $153.8M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5127 | +0.026% | $293.2M | $920.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5124 | +0.005% | $106.6M | $170.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5121 | −0.013% | $266.8M | $379.7M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5125 | +0.013% | — | $126.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5125 | +0.012% | $6.2M | $35.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5146 | +0.154% | $658K | $109.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5132 | +0.058% | $1.1M | $36.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5159 | +0.238% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5129 | +0.040% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5124 | +0.007% | $42K | $445K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5129 | +0.040% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5129 | +0.037% | $814K | $75K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5128 | +0.032% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5128 | +0.033% | $30K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5123 | −0.001% | $49.6M | $15.3M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5129 | +0.040% | $53.9M | $29.9M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5127 | +0.024% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5123 | −0.001% | $2.0M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5125 | +0.012% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSDlong | +0.0136% | 1h | 1.5123 | long leg | $8K | $8K | 10x | |
| Deribit XRP_USDC-PERPETUAL | +0.0147% | 1h | 1.5130 | +0.046% | $7.7M | $25.1M | 50x | as long as short |
| Hyperliquid XRP | +0.0154% | 1h | 1.5131 | +0.053% | $280.0M | $219.9M | 20x | as long as short |
| Reya XRPRUSDPERP | +0.0214% | 1h | 1.5122 | −0.005% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5132 | +0.060% | $5.7M | $46.5M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0327% | 1h | 1.5131 | +0.053% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0328% | 1h | 1.5135 | +0.080% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERP | +0.0358% | 8h | 1.5133 | +0.066% | $2.1M | $35.1M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0456% | 1h | 1.5126 | +0.017% | $527K | $787K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0767% | 1h | 1.5141 | +0.116% | $2K | $14K | 10x | as long as short |
01 Exchange XRPUSD
Lighter RH XRP
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
Katana Perps XRP-USD
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
Extended XRP-USD
Deribit XRP_USDC-PERPETUAL
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD