Funding you earn now, next payment 20:00 UTC+0.0063%/8hnext payment +$0.08 per $10,000 · paid last 24h +0.018%
Price spread now: Lighter RH against Injective+6.650%89s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter RH is 6.650% dearer against Injective than usual: you sell high and buy low: +$665 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.177%, so the current rate has only just turned in your favour. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XRP/USDC PERP | 1.4090 | 0.0033 | pay 0.0004% / 1h | 51m 50s | $2K | $33K | 30x |
| Short | Lighter RH XRP | 1.5027 | 0.0096 | get 0.0012% / 1h | 51m 50s | $577K | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Injective. 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
- $13.16
- Price spread: +6.650% → 0.000%
- $665.01
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $678.15
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Lighter RH: live order book, 8 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 8 min ago | 1.32 bp | 1.3 bp −$1 | 6.3 bp −$63 | 40.9 bp −$4,088 | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX XRP/USD [ETH-USDC] | L −0.0206% / S +0.0292% | 1h | 1.5039 | +6.733% | $1.6M | — | 200x | as long as short |
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5037 | +6.721% | $6K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5044 | +6.772% | $1.1M | $101K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5030 | +6.671% | $8.7M | $21.8M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0005% | 1h | 1.5035 | +6.707% | $267K | — | 150x | as long as short |
| Injective XRP/USDC PERPlong | +0.0033% | 1h | 1.4090 | long leg | $2K | $33K | 30x | |
| Orderly PERP_XRP_USDC | +0.0055% | 8h | 1.5028 | +6.657% | $179K | $777K | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5046 | +6.785% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5028 | +6.657% | $2.9M | $9.9M | 20x | as long as short |
| Lighter RH XRPshort | +0.0096% | 1h | 1.5027 | +6.650% | $577K | $2.4M | 20x |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5042 | +6.757% | $11K | $249K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5027 | +6.647% | $1.1M | $5.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5020 | +6.603% | $38.1M | $67.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5046 | +6.785% | $665K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5021 | +6.608% | $535.1M | $1.72B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5022 | +6.615% | $341.9M | $774.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5020 | +6.600% | $125.9M | $790.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5049 | +6.806% | $561K | $45K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5048 | +6.799% | $121K | $591K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5024 | +6.631% | $1.6M | $171K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5013 | +6.551% | $349.5M | $125.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5018 | +6.586% | $319.7M | $741.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5022 | +6.612% | $111.6M | $137.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5023 | +6.622% | $259.1M | $318.0M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5023 | +6.622% | — | $3.6M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5057 | +6.861% | $6.3M | $19.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5025 | +6.637% | $652K | $88.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5033 | +6.692% | $1.1M | $40.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5023 | +6.622% | $995K | $785K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5036 | +6.716% | — | $9K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5042 | +6.757% | $49K | $418K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5039 | +6.732% | $41K | $61K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5031 | +6.676% | $810K | $67K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5045 | +6.775% | $126K | $1.7M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5027 | +6.650% | $31K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5030 | +6.674% | $49.6M | $13.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5026 | +6.643% | $54.5M | $26.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5045 | +6.778% | $469K | $54K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5017 | +6.581% | $2.0M | $6.7M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5031 | +6.677% | $72K | $39K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0139% | 1h | 1.5032 | +6.686% | $1.7M | $894K | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0172% | 8h | 1.5053 | +6.835% | $1.7M | $31.9M | 2.9x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0208% | 1h | 1.5035 | +6.707% | $5.2M | $39.6M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0208% | 1h | 1.5041 | +6.751% | $1.3M | $11K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5043 | +6.764% | $23.9M | $58.7M | 125x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0264% | 1h | 1.5026 | +6.640% | $15.9M | $54.0M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0328% | 1h | 1.5028 | +6.654% | $19K | $37K | 7x | as long as short |
| Hyperliquid XRP | +0.0420% | 1h | 1.5038 | +6.728% | $273.4M | $155.5M | 20x | as long as short |
| RISEx XRP/USDC | +0.0441% | 1h | 1.5048 | +6.797% | $389K | $461K | 10x | as long as short |
| Phoenix XRP | +0.0530% | 1h | 1.5100 | +7.168% | $67K | $89K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0570% | 1h | 1.5062 | +6.899% | $1K | $9K | 10x | as long as short |
Injective XRP/USDC PERP
Lighter RH XRP
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
01 Exchange XRPUSD
Lighter XRP
Katana Perps XRP-USD
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kraken Futures PF_XRPUSD
Hyperliquid XRP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD