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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Aevo−0.001%7-day average · you buy dearer than you sell
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 7 days−0.096%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.51570.0104pay 0.0013% / 1h4m 12s$58K$25K3x
ShortLighter XRP1.51570.0096get 0.0012% / 1h4m 12s$2.8M$15.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aevo. 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
−$1.68
Price spread: −0.001% → 0.000%
−$0.07
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Lighter: 0 bp × 2 orders
$0
Net
−$17.75
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Lighter live order book, 4 min ago1.85 bp1.9 bp −$24.4 bp −$4416.7 bp −$1,66837.5 bp −$18.7K
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5166+0.056%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5158+0.002%$14.4M$74.9M50xas long as short
dYdX XRP-USD0.0000%1h1.5160+0.017%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5180+0.149%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5159+0.010%$245K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.656%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0074% / S −0.0020%1h1.5160+0.016%$799K200xas long as short
01 Exchange XRPUSD+0.0080%1h1.5163+0.036%$8K$8K10xas long as short
Deribit XRP_USDC-PERPETUAL+0.0080%1h1.5163+0.036%$7.7M$25.3M50xas long as short
Lighter XRPshort+0.0096%1h1.5157−0.001%$2.8M$15.1M20x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5160+0.017%$547K$3.3M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5152−0.036%$11K$361K20xas long as short
Nado XRP-PERP+0.0100%1h1.5159+0.013%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5156−0.010%$38.5M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5163+0.038%$603K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5160+0.017%$527.0M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5159+0.010%$344.2M$966.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5161+0.023%$126.4M$890.8M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5159+0.010%$564K$35K5xas long as short
Arcus XRP-USD+0.0100%1h1.5167+0.063%$143K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5132−0.169%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5160+0.017%$374.7M$162.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5160+0.017%$298.0M$929.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5161+0.025%$107.2M$181.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5159+0.010%$266.7M$399.4M125xas long as short
BingX XRP-USDT+0.0100%8h1.5161+0.023%$106.1Mas long as short
Variational Omni XRP+0.0100%8h1.5166+0.055%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5167+0.062%$659K$114.1M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5163+0.036%$1.1M$36.6M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5174+0.109%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5164+0.043%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5165+0.050%$51K$487K20xas long as short
Bullet XRP-USD+0.0100%1h1.5161+0.025%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5159+0.010%$62K$932K50xas long as short
Derive XRP-PERP+0.0100%1h1.5160+0.017%$816K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5160+0.017%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5156−0.010%$29K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5162+0.032%$49.5M$15.6M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5158+0.003%$54.1M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5167+0.062%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5154−0.022%$2.0M$6.8M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5157long leg$58K$25K3x
Hyperliquid XRP+0.0145%1h1.5173+0.102%$289.6M$264.2M20xas long as short
Hibachi XRP/USDT-P+0.0184%1h1.5164+0.044%$17K$82K7xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5164+0.043%$5.7M$48.6M50xas long as short
Backpack XRP_USDC_PERP+0.0208%1h1.5172+0.096%$2.0M$1.4M25xas long as short
Kalshi KXXRPPERP+0.0215%8h1.5171+0.089%$1.7M$35.5M2.9xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5157−0.003%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5159+0.010%$23.2M$77.6M125xas long as short
RISEx XRP/USDC+0.0305%1h1.5166+0.053%$518K$790K10xas long as short
Aftermath Perps XRPUSD+0.0573%1h1.5153−0.032%$2K$16K10xas long as short