XRP

Alert

Funding spread now, next payment 17:00 UTC+0.0410%/8h

next payment, per $10,000+$0.51paid, last 24h+0.044%paid, last 7 days+0.164%to open and close $10k−$15

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.164% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XRP	1.4922	0.0096	pay 0.0012% / 1h	3m 54s	$2.9M	$9.3M	20x
Short	Hyperliquid XRP	1.4934	0.0506	get 0.0063% / 1h	3m 54s	$263.9M	$150.8M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee HyperliquidbpOrdersRate

Funding earned: $86.15
Slippage, 4 orders: −$5.68
Fee Lighter: 0 bp × 2 orders: $0
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $71.48
Break-even: 1.2 days

Slippage from Lighter: live order book, 6 min ago; Hyperliquid: live order book, 12 min ago.

Price risk

price view

Price gap now: +0.082%
Avg gap 7d: +0.037%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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	2.25 bp	2.3 bp −$2	6.8 bp −$68	14.0 bp −$1,402	35.8 bp −$17.9K
Sell Hyperliquid live order book, 12 min ago	0.34 bp	4.8 bp −$5	5.8 bp −$58	10.3 bp −$1,033	doesn't fit

XRP on 50 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
GMX XRP/USD [ETH-USDC]	L −0.0208% / S +0.0292%	1h	$1.6M	—	200x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	$6K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	$1.1M	$95K	10x	as long as short
Phoenix XRP	0.0000%	1h	$68K	$86K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0003%	1h	$218K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0018%	1h	$8.2M	$19.5M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	$2K	$63K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0049%	8h	$184K	$774K	50x	as long as short
Lighter XRPlong	+0.0096%	1h	$2.9M	$9.3M	20x
Lighter RH XRP	+0.0096%	1h	$448K	$2.2M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	$13K	$236K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	$467K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	$1.1M	$4.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	$37.9M	$65.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	$658K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	$524.2M	$1.65B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	$330.4M	$738.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	$123.8M	$754.4M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	$556K	$48K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	$116K	$578K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	$345.7M	$125.1M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	$297.4M	$758.7M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	$113.8M	$134.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	$256.8M	$308.1M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	—	$97.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	$5.3M	$18.0M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	$647K	$86.5M	30x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	$1.0M	$819K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	$63K	$384K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	$41K	$56K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	$804K	$65K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	$125K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	$32K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	$49.2M	$13.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	$53.9M	$26.1M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	$1.6M	$257K	20x	as long as short
Extended XRP-USD	+0.0104%	1h	$1.9M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	$72K	$39K	3x	as long as short
Hibachi XRP/USDT-P	+0.0120%	1h	$19K	$30K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0146%	1h	$1.6M	$895K	25x	as long as short
01 Exchange XRPUSD	+0.0192%	1h	$8K	$8K	10x	as long as short
Kalshi KXXRPPERP	+0.0193%	8h	$1.8M	$32.7M	2.9x	as long as short
Reya XRPRUSDPERP	+0.0206%	1h	$1.3M	$15K	15x	as long as short
Kraken Futures PF_XRPUSD	+0.0217%	1h	$16.6M	$43.2M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	$23.1M	$56.9M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0240%	1h	$5.1M	$37.1M	50x	as long as short
Hyperliquid XRPshort	+0.0506%	1h	$263.9M	$150.8M	20x
Aftermath Perps XRPUSD	+0.0586%	1h	$1K	$9K	10x	as long as short
RISEx XRP/USDC	+0.0621%	1h	$376K	$439K	10x	as long as short