Funding you earn now, next payment 03:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.037%
Price spread now: BloFin against Lighter−0.053%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$240.244% of the position
Funding, last 7 days+0.222%+$22 on $10k
+Price spread, last 4 days (all we have)−0.610%−$61 · spread now −0.053%, 7d avg −0.001%
=Together, before fees−0.388%+ Points / potential airdropLighter: Season 3 · farm board−$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.052% cheaper against Lighter than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.001%). If the spread goes back, that is −$5 on $10k: about 34 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XRP | 1.5162 | 0.0096 | pay 0.0012% / 1h | 3m 03s | $2.8M | $14.5M | 20x |
| Short | BloFin XRP-USDT | 1.5154 | 0.0220 | get 0.0220% / 8h | 5h 03m | $24.3M | $75.7M | 125x |
Lighter XRP
BloFin XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $26.04
- Price spread: −0.053% → −0.001%
- −$5.23
- Slippage, 4 orders
- −$12.44
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$3.63
- Costs to cover
- 0.244%
- Break-even
- 8.0 days
Slippage from Lighter: live order book, 6 min ago; BloFin: live order book, 6 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 | 0.82 bp | 2.7 bp −$3 | 7.8 bp −$78 | 17.3 bp −$1,733 | 40.6 bp −$20.3K |
| Sell BloFin live order book, 6 min ago | 3.62 bp | 9.6 bp −$10 | 10.5 bp −$105 | 15.2 bp −$1,519 | 20.8 bp −$10.4K |
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 | 1.5141 | −0.139% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5142 | −0.129% | $1.1M | $114K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5164 | +0.013% | $7.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5158 | −0.023% | $253K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0032% / S +0.0036% | 1h | 1.5157 | −0.030% | $832K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.625% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0056% | 1h | 1.5148 | −0.093% | $8K | $8K | 10x | as long as short |
| Orderly PERP_XRP_USDC | +0.0077% | 8h | 1.5162 | 0.000% | $62K | $935K | 50x | as long as short |
| Lighter XRPlong | +0.0096% | 1h | 1.5162 | long leg | $2.8M | $14.5M | 20x | |
| Lighter RH XRP | +0.0096% | 1h | 1.5163 | +0.006% | $511K | $3.3M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
01 Exchange XRPUSD
Orderly PERP_XRP_USDC
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5143 | −0.126% | $10K | $311K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5149 | −0.087% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5169 | +0.046% | $281.7M | $223.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5159 | −0.022% | $38.3M | $83.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5142 | −0.131% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5159 | −0.020% | $534.7M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5157 | −0.033% | $345.6M | $930.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5158 | −0.027% | $125.5M | $871.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5169 | +0.046% | $565K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5149 | −0.086% | $114K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5164 | +0.015% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5158 | −0.027% | $368.6M | $154.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5160 | −0.013% | $297.5M | $905.3M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5160 | −0.010% | $108.2M | $172.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5158 | −0.027% | $268.5M | $381.9M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5153 | −0.060% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5154 | −0.056% | $5.9M | $36.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5152 | −0.063% | $658K | $108.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5170 | +0.056% | $1.1M | $35.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5162 | 0.000% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5159 | −0.023% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5160 | −0.013% | $42K | $450K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5159 | −0.020% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5163 | +0.004% | $816K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5159 | −0.021% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5160 | −0.013% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5138 | −0.161% | $49.6M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5160 | −0.013% | $53.9M | $30.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5141 | −0.141% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5157 | −0.035% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5160 | −0.013% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0174% | 1h | 1.5169 | +0.046% | $1.9M | $1.3M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0192% | 1h | 1.5166 | +0.024% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0215% | 1h | 1.5156 | −0.040% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5168 | +0.039% | $5.6M | $46.9M | 50x | as long as short |
| BloFin XRP-USDTshort | +0.0220% | 8h | 1.5154 | −0.053% | $24.3M | $75.7M | 125x | |
| Kraken Futures PF_XRPUSD | +0.0273% | 1h | 1.5158 | −0.026% | $14.4M | $73.6M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0337% | 8h | 1.5163 | +0.006% | $2.1M | $34.6M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0484% | 1h | 1.5152 | −0.069% | $516K | $780K | 10x | as long as short |
| Phoenix XRP | +0.0528% | 1h | 1.5180 | +0.119% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0650% | 1h | 1.5178 | +0.102% | $2K | $14K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
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-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
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
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
Kraken Futures PF_XRPUSD
Kalshi KXXRPPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD