Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.046%
Price spread now: Lighter RH against Hibachi−0.020%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.319%−$32 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHibachi: Active · Lighter 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 0.020% cheaper against Hibachi than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi XRP/USDT-P | 1.5168 | 0.0104 | pay 0.0013% / 1h | 32m 31s | $17K | $78K | 7x |
| Short | Lighter RH XRP | 1.5165 | 0.0096 | get 0.0012% / 1h | 32m 31s | $603K | $3.2M | 20x |
Hibachi XRP/USDT-P
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Hibachi. 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
- −$1.68
- Price spread: −0.020% → 0.000%
- −$2.04
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$12.72
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; Lighter RH: live order book, 6 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 Hibachi no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 6 min ago | 1.64 bp | 1.6 bp −$2 | 6.2 bp −$62 | 43.2 bp −$4,317 | doesn't fit |
Hibachi: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5172 | +0.026% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5157 | −0.073% | $1.1M | $148K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5172 | +0.026% | $7.8M | $24.1M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5166 | −0.014% | $245K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.584% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5166 | −0.013% | $14.6M | $73.8M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5164 | −0.024% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRPshort | +0.0096% | 1h | 1.5165 | −0.020% | $603K | $3.2M | 20x | |
| 01 Exchange XRPUSD | +0.0096% | 1h | 1.5155 | −0.086% | $8K | $2K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5151 | −0.113% | $20K | $383K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
01 Exchange XRPUSD
Katana Perps XRP-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5147 | −0.142% | $1.0M | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5147 | −0.139% | $38.4M | $86.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5161 | −0.046% | $611K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5150 | −0.119% | $530.1M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5146 | −0.146% | $349.1M | $955.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5149 | −0.126% | $127.7M | $868.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5156 | −0.080% | $564K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5160 | −0.053% | $143K | $716K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5190 | +0.144% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5151 | −0.113% | $377.3M | $161.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5148 | −0.132% | $308.8M | $924.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5146 | −0.146% | $106.2M | $184.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5144 | −0.159% | $267.7M | $390.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5149 | −0.126% | — | $107.6M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5150 | −0.122% | $4.9M | $38.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5179 | +0.072% | $659K | $113.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5145 | −0.152% | $1.1M | $34.8M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5139 | −0.192% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5157 | −0.074% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5151 | −0.113% | $52K | $513K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5148 | −0.132% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5167 | −0.007% | $77K | $688K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5140 | −0.185% | $814K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5171 | +0.022% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5168 | −0.001% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5171 | +0.019% | $49.5M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5166 | −0.014% | $54.1M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5154 | −0.092% | $472K | $55K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0102% / S −0.0063% | 1h | 1.5166 | −0.012% | $783K | — | 200x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5147 | −0.137% | $2.1M | $6.9M | 50x | as long as short |
| Hibachi XRP/USDT-Plong | +0.0104% | 1h | 1.5168 | long leg | $17K | $78K | 7x | |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5164 | −0.030% | $58K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0121% | 1h | 1.5162 | −0.040% | $289.3M | $268.0M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0148% | 1h | 1.5172 | +0.026% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5170 | +0.013% | $5.6M | $48.3M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0188% | 8h | 1.5167 | −0.007% | $1.8M | $34.4M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5143 | −0.165% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5173 | +0.032% | $23.6M | $77.8M | 125x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5157 | −0.074% | $521K | $806K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5150 | −0.119% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0644% | 1h | 1.5180 | +0.078% | $2K | $16K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
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
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
GMX XRP/USD [ETH-USDC]
Extended XRP-USD
Aevo XRP-PERP
Hyperliquid XRP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD