Funding you earn now, next payment 07:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%
Price spread now: dYdX against Lighter−0.002%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$420.417% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 7 days+0.120%+$12 · spread now −0.002%, 7d avg +0.007%
=Together, before fees+0.013%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XRP | 1.5123 | 0.0096 | pay 0.0012% / 1h | 51m 21s | $2.8M | $15.1M | 20x |
| Short | dYdX XRP-USD | 1.5122 | 0 | get 0.0000% / 1h | 51m 21s | $1.1M | $148K | 10x |
Lighter XRP
dYdX XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$20.16
- Price spread: −0.002% → +0.007%
- −$0.92
- Slippage, 4 orders
- −$31.72
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$62.8
- Costs to cover
- 0.417%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; dYdX: live order book, 3 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, 7 min ago | 0.97 bp | 2.4 bp −$2 | 6.4 bp −$64 | 20.2 bp −$2,020 | 40.9 bp −$20.4K |
| Sell dYdX live order book, 3 min ago | 11.24 bp | 16.2 bp −$16 | 16.2 bp −$162 | 16.7 bp −$1,674 | 58.5 bp −$29.3K |
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 | 1.5125 | +0.015% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USDshort | 0.0000% | 1h | 1.5122 | −0.002% | $1.1M | $148K | 10x | |
| Phoenix XRP | 0.0000% | 1h | 1.5140 | +0.114% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5132 | +0.062% | $245K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5134 | +0.071% | $14.4M | $75.3M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.891% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5126 | +0.021% | $8K | $8K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0078% / S −0.0025% | 1h | 1.5133 | +0.064% | $797K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5136 | +0.087% | $7.7M | $25.1M | 50x | as long as short |
| Lighter XRPlong | +0.0096% | 1h | 1.5123 | long leg | $2.8M | $15.1M | 20x |
Hotstuff XRP-PERP
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5124 | +0.008% | $545K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5119 | −0.025% | $12K | $367K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5122 | −0.006% | $994K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5132 | +0.061% | $38.4M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5124 | +0.009% | $602K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5133 | +0.068% | $527.9M | $2.23B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5131 | +0.054% | $344.0M | $967.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5133 | +0.067% | $127.0M | $890.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5129 | +0.041% | $563K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5127 | +0.028% | $143K | $718K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5129 | +0.040% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5132 | +0.061% | $372.2M | $158.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5133 | +0.067% | $298.4M | $917.9M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5133 | +0.069% | $107.2M | $182.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5130 | +0.048% | $266.4M | $399.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5131 | +0.054% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5135 | +0.080% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5141 | +0.122% | $658K | $114.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5155 | +0.213% | $1.1M | $36.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5146 | +0.153% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5132 | +0.059% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5136 | +0.087% | $46K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5134 | +0.074% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5131 | +0.054% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5132 | +0.058% | $814K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5134 | +0.075% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5133 | +0.067% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5151 | +0.186% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5128 | +0.034% | $54.0M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5127 | +0.027% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5126 | +0.024% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5131 | +0.051% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0155% | 1h | 1.5131 | +0.054% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5125 | +0.013% | $17K | $82K | 7x | as long as short |
| Hyperliquid XRP | +0.0169% | 1h | 1.5143 | +0.134% | $288.8M | $264.1M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5130 | +0.048% | $5.7M | $48.2M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5130 | +0.050% | $1.3M | $5K | 15x | as long as short |
| Kalshi KXXRPPERP | +0.0219% | 8h | 1.5148 | +0.167% | $1.8M | $35.4M | 2.9x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5145 | +0.147% | $23.5M | $77.7M | 125x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5127 | +0.030% | $522K | $796K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0562% | 1h | 1.5143 | +0.134% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
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-USDC
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
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hibachi XRP/USDT-P
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
Kalshi KXXRPPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD