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−0.0521%/8h= −57.1% APRnext payment $0.65 per $10,000 · paid last 24h −0.162%
Price spread now: Lighter RH against Aftermath Perps−0.009%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 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XRPUSD1.51240.0617pay 0.0077% / 1h48m 15s$2K$15K10x
ShortLighter RH XRP1.51230.0096get 0.0012% / 1h48m 15s$497K$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Aftermath Perps. 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
−$109.49
Price spread: −0.009% → 0.000%
−$0.91
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$119.4
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Lighter RH: live order book, 5 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 Aftermath Perps no order-book sample
Sell Lighter RH live order book, 5 min ago1.98 bp2.0 bp −$24.8 bp −$4841.3 bp −$4,130doesn't fit
Aftermath Perps: 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%1h1.5108−0.108%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0001%1h1.5121−0.022%$14.3M$75.1M50xas long as short
dYdX XRP-USD0.0000%1h1.5104−0.135%$1.1M$115K10xas long as short
Phoenix XRP0.0000%1h1.5120−0.029%$67K$110K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5125+0.004%$7.7M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5123−0.007%$258K150xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.880%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5127+0.017%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0069% / S −0.0013%1h1.5123−0.009%$793K200xas long as short
Lighter XRP+0.0096%1h1.5121−0.026%$2.8M$14.8M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRPshort+0.0096%1h1.5123−0.009%$497K$3.2M20x
Katana Perps XRP-USD+0.0099%8h1.5116−0.055%$10K$356K20xas long as short
Nado XRP-PERP+0.0100%1h1.5122−0.012%$939K$6.2M20xas long as short
Hyperliquid XRP+0.0100%1h1.5134+0.064%$291.0M$258.0M20xas long as short
Aster XRPUSDT+0.0100%8h1.5122−0.016%$38.8M$86.5M100xas long as short
Pacifica XRP+0.0100%1h1.5113−0.075%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5119−0.036%$531.9M$2.18B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5115−0.062%$342.2M$950.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5117−0.049%$125.4M$888.9M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5107−0.115%$563K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5128+0.024%$137K$716K20xas long as short
Bulk XRP-USD+0.0100%1h1.5114−0.069%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.5125+0.004%$372.5M$155.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5120−0.029%$295.3M$904.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5126+0.008%$107.9M$179.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5122−0.016%$268.3M$393.1M125xas long as short
BingX XRP-USDT+0.0100%8h1.5124−0.003%$105.2Mas long as short
Variational Omni XRP+0.0100%8h1.5128+0.023%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5106−0.122%$656K$111.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5131+0.043%$1.1M$37.3M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5124−0.003%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5118−0.043%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5128+0.024%$50K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5120−0.029%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5123−0.009%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5122−0.014%$814K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5110−0.098%$126K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5121−0.022%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5106−0.120%$49.4M$15.8M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5118−0.042%$53.9M$31.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5111−0.085%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5116−0.053%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5120−0.028%$58K$25K3xas long as short
Kalshi KXXRPPERP+0.0146%8h1.5120−0.029%$1.8M$35.6M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5125+0.004%$5.7M$48.3M50xas long as short
Backpack XRP_USDC_PERP+0.0187%1h1.5111−0.088%$2.0M$1.4M25xas long as short
Reya XRPRUSDPERP+0.0218%1h1.5119−0.034%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5097−0.181%$24.1M$75.8M125xas long as short
Hibachi XRP/USDT-P+0.0240%1h1.5124−0.003%$17K$82K7xas long as short
RISEx XRP/USDC+0.0305%1h1.5128+0.025%$516K$777K10xas long as short
Aftermath Perps XRPUSDlong+0.0617%1h1.5124long leg$2K$15K10x