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
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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XRP | 1.5146 | 0.0096 | pay 0.0012% / 1h | 47m 43s | $2.8M | $15.1M | 20x |
| Short | Bitget XRPUSDT | 1.5148 | 0.0100 | get 0.0100% / 8h | 1h 47m | $267.0M | $400.1M | 125x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 6 min ago | 2.27 bp | 2.7 bp −$3 | 4.8 bp −$48 | 16.1 bp −$1,615 | 38.5 bp −$19.3K |
| Sell Bitget live order book, 1 min ago | 0.33 bp | 6.6 bp −$7 | 9.7 bp −$97 | 20.6 bp −$2,065 | 29.3 bp −$14.7K |
XRP on 51 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5148 | +0.012% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5146 | −0.001% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.157% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5143 | −0.019% | $245K | — | 150x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0014% | 1h | 1.5148 | +0.012% | $7.7M | $25.1M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5146 | −0.002% | $14.4M | $75.3M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.732% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5139 | −0.048% | $8K | $8K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0079% / S −0.0026% | 1h | 1.5143 | −0.020% | $798K | — | 200x | as long as short |
| Lighter XRPlong | +0.0096% | 1h | 1.5146 | long leg | $2.8M | $15.1M | 20x |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5143 | −0.021% | $545K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5138 | −0.054% | $12K | $367K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5147 | +0.002% | $994K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5143 | −0.021% | $38.5M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5151 | +0.032% | $606K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5143 | −0.024% | $528.2M | $2.23B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5142 | −0.028% | $344.7M | $967.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5142 | −0.028% | $127.1M | $890.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5146 | −0.001% | $563K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5147 | +0.005% | $143K | $718K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5129 | −0.114% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5146 | −0.001% | $373.2M | $158.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5147 | +0.005% | $298.9M | $918.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5146 | −0.005% | $107.3M | $182.0M | 75x | as long as short |
| Bitget XRPUSDTshort | +0.0100% | 8h | 1.5148 | +0.012% | $267.0M | $400.1M | 125x | |
| BingX XRP-USDC | +0.0100% | 8h | 1.5147 | +0.005% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5130 | −0.107% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5141 | −0.033% | $658K | $114.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5141 | −0.036% | $1.1M | $36.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5146 | −0.001% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5147 | +0.002% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5144 | −0.015% | $47K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5144 | −0.014% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5144 | −0.015% | $65K | $933K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5144 | −0.011% | $815K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5148 | +0.014% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5143 | −0.021% | $30K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5147 | +0.002% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5142 | −0.028% | $54.0M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5153 | +0.046% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5140 | −0.039% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5142 | −0.028% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0163% | 1h | 1.5155 | +0.058% | $2.0M | $1.4M | 25x | as long as short |
| Hyperliquid XRP | +0.0167% | 1h | 1.5161 | +0.098% | $289.2M | $264.2M | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5163 | +0.110% | $17K | $81K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5150 | +0.025% | $5.7M | $48.3M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5137 | −0.059% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5146 | −0.001% | $23.5M | $77.9M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0223% | 8h | 1.5155 | +0.058% | $1.7M | $35.4M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5147 | +0.008% | $522K | $796K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0550% | 1h | 1.5146 | 0.000% | $2K | $16K | 10x | as long as short |
Lighter XRP
Bitget XRPUSDT
Phoenix XRP
gTrade (Gains Network) XRP/USD
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
GMX XRP/USD [ETH-USDC]
Lighter RH 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
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
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD