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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0016%/8h= −1.8% APRnext payment $0.02 per $10,000 · paid last 24h +0.014%
Price spread now: 01 Exchange against Lighter+0.095%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.095% dearer against Lighter than usual: you sell high and buy low (spread +0.095% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 20 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XRP1.52000.0096pay 0.0012% / 1h57m 53s$2.8M$14.0M20x
Short01 Exchange XRPUSD1.52140.0080get 0.0010% / 1h57m 53s$8K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$3.36
Price spread: +0.095% → 0.000%
$9.48
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$0.88
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Lighter: live order book, 6 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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 ago0.90 bp2.3 bp −$26.7 bp −$6719.1 bp −$1,90942.1 bp −$21.1K
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.5181−0.122%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5165−0.225%$1.1M$116K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5188−0.076%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0020% / S +0.0069%1h1.5194−0.039%$834K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.371%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5194−0.039%$14.2M$70.5M50xas long as short
Orderly PERP_XRP_USDC+0.0066%8h1.5198−0.010%$57K$935K50xas long as short
01 Exchange XRPUSDshort+0.0080%1h1.5214+0.095%$8K$8K10x
Lighter XRPlong+0.0096%1h1.5200long leg$2.8M$14.0M20x
Lighter RH XRP+0.0096%1h1.5201+0.009%$507K$3.2M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5207+0.049%$11K$288K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5186−0.087%$473K$55K50xas long as short
Nado XRP-PERP+0.0100%1h1.5220+0.135%$923K$5.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5206+0.040%$38.4M$83.6M100xas long as short
Pacifica XRP+0.0100%1h1.5177−0.150%$616K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5210+0.068%$536.3M$2.07B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5203+0.022%$339.1M$924.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5202+0.016%$122.6M$866.2M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5190−0.063%$567K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5206+0.042%$115K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5350+0.987%$1.7M$327K20xas long as short
Gate XRP_USDT+0.0100%8h1.5204+0.029%$367.7M$147.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5203+0.022%$297.1M$887.1M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5197−0.016%$109.1M$168.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5200+0.003%$266.4M$378.7M125xas long as short
BingX XRP-USDC+0.0100%8h1.5200+0.003%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5216+0.107%$6.4M$35.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5260+0.396%$663K$107.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5199−0.001%$1.1M$37.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5252+0.345%$1.2M$999K50xas long as short
Vest XRP-PERP+0.0100%1h1.5213+0.087%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5215+0.101%$44K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5203+0.025%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5195−0.027%$818K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5205+0.032%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5196−0.024%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5202+0.017%$49.8M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5196−0.024%$53.9M$29.4M50xas long as short
Extended XRP-USD+0.0104%1h1.5198−0.012%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5198−0.012%$58K$25K3xas long as short
Deribit XRP_USDC-PERPETUAL+0.0145%1h1.5198−0.010%$9.2M$24.6M50xas long as short
Hyperliquid XRP+0.0192%1h1.5211+0.075%$283.1M$220.2M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5211+0.077%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5197−0.017%$5.7M$46.3M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5226+0.174%$24.1M$74.0M125xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5221+0.142%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0324%8h1.5201+0.009%$2.0M$34.9M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5206+0.041%$537K$777K10xas long as short
Phoenix XRP+0.0520%1h1.5240+0.266%$68K$110K15xas long as short
Backpack XRP_USDC_PERP+0.0522%1h1.5212+0.082%$1.9M$1.3M25xas long as short
Aftermath Perps XRPUSD+0.0827%1h1.5257+0.380%$2K$13K10xas long as short