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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter RH against Aevo+0.079%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 7 days−0.098%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter 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 0.079% dearer against Aevo than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XRP-PERP1.52840.0104pay 0.0013% / 1h44m 35s$59K$25K3x
ShortLighter RH XRP1.52960.0096get 0.0012% / 1h44m 35s$573K$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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: +0.079% → 0.000%
$7.85
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$9.83
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aevo: 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 Aevo no order-book sample
Sell Lighter RH live order book, 2 min ago1.31 bp1.3 bp −$17.6 bp −$7647.6 bp −$4,756doesn't fit
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 exchanges

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%1h1.5360+0.497%$5K$2K20xas long as short
Kraken Futures PF_XRPUSD−0.0077%1h1.5298+0.093%$13.7M$68.5M50xas long as short
dYdX XRP-USD0.0000%1h1.5295+0.072%$1.1M$154K10xas long as short
Phoenix XRP0.0000%1h1.5290+0.039%$68K$102K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5297+0.085%$7.6M$19.9M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5291+0.045%$242K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+1.806%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0072%1h1.5294+0.065%$9K$98710xas long as short
Hibachi XRP/USDT-P+0.0088%1h1.5292+0.055%$17K$68K7xas long as short
Lighter XRP+0.0096%1h1.5294+0.067%$2.7M$13.5M20xas long as short
Show all 51 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRPshort+0.0096%1h1.5296+0.079%$573K$3.1M20x
Coinbase International XRP-PERP-INTX+0.0096%1h1.5298+0.092%$5.5M$41.6M50xas long as short
Paradex XRP-USD-PERP+0.0099%8h1.5291+0.047%$477K$47K50xas long as short
Katana Perps XRP-USD+0.0100%8h1.5280−0.026%$10K$412K20xas long as short
Nado XRP-PERP+0.0100%1h1.5290+0.036%$846K$6.0M20xas long as short
Hyperliquid XRP+0.0100%1h1.5301+0.111%$297.5M$261.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5289+0.031%$39.0M$79.5M100xas long as short
Pacifica XRP+0.0100%1h1.5294+0.065%$590K$978K20xas long as short
Binance XRPUSDT+0.0100%8h1.5291+0.046%$532.0M$2.02B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5291+0.046%$361.3M$854.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5288+0.026%$123.6M$817.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5259−0.164%$561K$37K5xas long as short
Arcus XRP-USD+0.0100%1h1.5293+0.059%$161K$692K20xas long as short
Bulk XRP-USD+0.0100%1h1.5288+0.029%$1.6M$66K20xas long as short
Gate XRP_USDT+0.0100%8h1.5289+0.033%$375.6M$157.0M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5287+0.020%$316.6M$879.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5288+0.027%$104.0M$180.1M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5288+0.026%$270.1M$347.2M125xas long as short
BingX XRP-USDT+0.0100%8h1.5293+0.059%$94.9Mas long as short
Variational Omni XRP+0.0100%8h1.5263−0.140%$4.9M$37.1Mas long as short
edgeX XRPUSDC+0.0100%4h1.5240−0.286%$662K$105.9M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5289+0.032%$1.1M$32.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5262−0.144%$1.2M$1.2M50xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5292+0.052%$50K$471K20xas long as short
Bullet XRP-USD+0.0100%1h1.5289+0.035%$41K$64K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5293+0.059%$83K$602K50xas long as short
Derive XRP-PERP+0.0100%1h1.5295+0.073%$823K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5298+0.093%$128K$1.4M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5294+0.065%$30K$1.4M10xas long as short
HTX XRP-USDT+0.0100%8h1.5294+0.064%$49.8M$13.1M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5298+0.092%$54.6M$33.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5294+0.065%$15K10xas long as short
Extended XRP-USD+0.0104%1h1.5284+0.003%$2.2M$5.8M50xas long as short
Aevo XRP-PERPlong+0.0104%1h1.5284long leg$59K$25K3x
Kalshi KXXRPPERP+0.0108%8h1.5296+0.079%$1.9M$35.8M2.9xas long as short
Backpack XRP_USDC_PERP+0.0161%1h1.5310+0.170%$2.0M$1.2M25xas long as short
BloFin XRP-USDT+0.0220%8h1.5291+0.046%$23.8M$77.3M125xas long as short
Reya XRPRUSDPERP+0.0224%1h1.5286+0.012%$1.4M$1K15xas long as short
GMX XRP/USD [ETH-USDC]L +0.0262% / S −0.0526%1h1.5290+0.039%$881K200xas long as short
RISEx XRP/USDC+0.0300%1h1.5296+0.077%$506K$723K10xas long as short
Aftermath Perps XRPUSD+0.0392%1h1.5288+0.029%$3K$13K10xas long as short