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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter+0.012%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$190.186% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.049%+$5 on $10k
Price spread, last 7 days−0.003%$0 · spread now +0.012%, 7d avg +0.003%
Together, before fees+0.046%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XRP1.51460.0096pay 0.0012% / 1h47m 43s$2.8M$15.1M20x
ShortBitget XRPUSDT1.51480.0100get 0.0100% / 8h1h 47m$267.0M$400.1M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. 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
$0.84
Price spread: +0.012% → +0.003%
$0.88
Slippage, 4 orders
−$6.57
Fee Lighter: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$16.85
Costs to cover
0.186%
Break-even
147.4 days
Slippage from Lighter: live order book, 6 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 6 min ago2.27 bp2.7 bp −$34.8 bp −$4816.1 bp −$1,61538.5 bp −$19.3K
Sell Bitget live order book, 1 min ago0.33 bp6.6 bp −$79.7 bp −$9720.6 bp −$2,06529.3 bp −$14.7K

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%1h1.5148+0.012%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5146−0.001%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5170+0.157%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5143−0.019%$245K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5148+0.012%$7.7M$25.1M50xas long as short
Kraken Futures PF_XRPUSD+0.0025%1h1.5146−0.002%$14.4M$75.3M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.732%$2K$107K30xas long as short
01 Exchange XRPUSD+0.0064%1h1.5139−0.048%$8K$8K10xas long as short
GMX XRP/USD [ETH-USDC]L +0.0079% / S −0.0026%1h1.5143−0.020%$798K200xas long as short
Lighter XRPlong+0.0096%1h1.5146long leg$2.8M$15.1M20x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRP+0.0096%1h1.5143−0.021%$545K$3.2M20xas long as short
Katana Perps XRP-USD+0.0099%8h1.5138−0.054%$12K$367K20xas long as short
Nado XRP-PERP+0.0100%1h1.5147+0.002%$994K$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5143−0.021%$38.5M$87.5M100xas long as short
Pacifica XRP+0.0100%1h1.5151+0.032%$606K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5143−0.024%$528.2M$2.23B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5142−0.028%$344.7M$967.9M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5142−0.028%$127.1M$890.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5146−0.001%$563K$32K5xas long as short
Arcus XRP-USD+0.0100%1h1.5147+0.005%$143K$718K20xas long as short
Bulk XRP-USD+0.0100%1h1.5129−0.114%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5146−0.001%$373.2M$158.9M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5147+0.005%$298.9M$918.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5146−0.005%$107.3M$182.0M75xas long as short
Bitget XRPUSDTshort+0.0100%8h1.5148+0.012%$267.0M$400.1M125x
BingX XRP-USDC+0.0100%8h1.5147+0.005%$4.2Mas long as short
Variational Omni XRP+0.0100%8h1.5130−0.107%$4.7M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5141−0.033%$658K$114.4M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5141−0.036%$1.1M$36.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5146−0.001%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5147+0.002%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5144−0.015%$47K$491K20xas long as short
Bullet XRP-USD+0.0100%1h1.5144−0.014%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5144−0.015%$65K$933K50xas long as short
Derive XRP-PERP+0.0100%1h1.5144−0.011%$815K$73K10xas long as short
SunX XRP-USDT+0.0100%8h1.5148+0.014%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5143−0.021%$30K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5147+0.002%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5142−0.028%$54.0M$32.2M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5153+0.046%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5140−0.039%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5142−0.028%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0163%1h1.5155+0.058%$2.0M$1.4M25xas long as short
Hyperliquid XRP+0.0167%1h1.5161+0.098%$289.2M$264.2M20xas long as short
Hibachi XRP/USDT-P+0.0168%1h1.5163+0.110%$17K$81K7xas long as short
Coinbase International XRP-PERP-INTX+0.0176%1h1.5150+0.025%$5.7M$48.3M50xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5137−0.059%$1.3M$5K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5146−0.001%$23.5M$77.9M125xas long as short
Kalshi KXXRPPERP+0.0223%8h1.5155+0.058%$1.7M$35.4M2.9xas long as short
RISEx XRP/USDC+0.0316%1h1.5147+0.008%$522K$796K10xas long as short
Aftermath Perps XRPUSD+0.0550%1h1.51460.000%$2K$16K10xas long as short