XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Lighter RH against dYdX+0.058%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$830.834% of the position

Long on dYdX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.107%+$11 on $10k

Price spread, last 7 days−0.167%−$17 · spread now +0.058%, 7d avg −0.018%

Together, before fees−0.060%+ Points / potential airdropLighter RH: Points live · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter RH is 0.076% dearer against dYdX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XRP-USD	1.5149	0	get 0.0000% / 1h	14m 28s	$1.1M	$115K	10x
Short	Lighter RH XRP	1.5158	0.0096	get 0.0012% / 1h	14m 28s	$496K	$3.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against dYdX. 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

Position, each leg$Hold fordaysFee dYdXbpFee Lighter RHbpOrdersPrice spread, now +0.058%Rate

Funding earned: $20.16
Price spread: +0.058% → −0.018%: $7.6
Slippage, 4 orders: −$73.41
Fee dYdX: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$55.65
Costs to cover: 0.834%
Break-even: 26.3 days

Slippage from dYdX: live order book, 5 min ago; Lighter RH: live order book, 4 min ago.

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 dYdX live order book, 5 min ago	29.06 bp	37.1 bp −$37	51.0 bp −$510	61.4 bp −$6,136	100.6 bp −$50.3K
Sell Lighter RH live order book, 4 min ago	1.32 bp	2.1 bp −$2	5.8 bp −$58	42.5 bp −$4,251	doesn't fit

XRP on 51 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	1.5160	+0.071%	$5K	$3K	20x	as long as short
dYdX XRP-USDlong	0.0000%	1h	1.5149	long leg	$1.1M	$115K	10x
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5158	+0.057%	$259K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5155	+0.038%	$7.8M	$25.5M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5154	+0.029%	$14.4M	$74.6M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.712%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5157	+0.053%	$795K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5151	+0.009%	$2.8M	$14.8M	20x	as long as short
Lighter RH XRPshort	+0.0096%	1h	1.5158	+0.058%	$496K	$3.3M	20x
Katana Perps XRP-USD	+0.0098%	8h	1.5150	+0.005%	$9K	$351K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5148	−0.005%	$975K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5147	−0.012%	$39.0M	$85.7M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5151	+0.010%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5149	−0.001%	$534.0M	$2.16B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5148	−0.008%	$344.4M	$945.9M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5151	+0.012%	$125.8M	$884.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5148	−0.008%	$564K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5155	+0.038%	$137K	$721K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5164	+0.101%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5148	−0.008%	$372.0M	$157.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5149	−0.001%	$297.2M	$907.3M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5151	+0.010%	$109.1M	$178.1M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5150	+0.005%	$269.1M	$390.6M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5151	+0.012%	—	$127.8M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5151	+0.011%	$4.8M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5166	+0.114%	$659K	$110.9M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5154	+0.034%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5169	+0.131%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5151	+0.010%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5152	+0.018%	$45K	$479K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5159	+0.066%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5153	+0.025%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5154	+0.030%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5165	+0.105%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5152	+0.018%	$30K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5158	+0.058%	$49.5M	$15.8M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5155	+0.038%	$53.9M	$31.3M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5147	−0.016%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5146	−0.020%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5151	+0.013%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5156	+0.045%	$8K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5160	+0.071%	$5.7M	$48.1M	50x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5148	−0.007%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5156	+0.045%	$24.2M	$75.7M	125x	as long as short
Kalshi KXXRPPERP	+0.0233%	8h	1.5170	+0.137%	$1.9M	$35.3M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0251%	1h	1.5164	+0.098%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0280%	1h	1.5174	+0.164%	$17K	$82K	7x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5154	+0.030%	$516K	$776K	10x	as long as short
Hyperliquid XRP	+0.0406%	1h	1.5168	+0.124%	$298.1M	$251.5M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5160	+0.071%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0645%	1h	1.5172	+0.150%	$2K	$15K	10x	as long as short