Funding you earn now, next payment 07:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.037%
Price spread now: BloFin against Lighter RH−0.053%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs+$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$170.166% of the position
Funding, last 7 days+0.223%+$22 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.053%, 7d avg −0.003%
=Together, before fees+0.204%+ Points / potential airdropLighter RH: Points live · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.050% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.003%). If the spread goes back, that is −$5 on $10k: about 32 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 RH XRP | 1.5159 | 0.0096 | pay 0.0012% / 1h | 40m 25s | $545K | $3.2M | 20x |
| Short | BloFin XRP-USDT | 1.5151 | 0.0220 | get 0.0220% / 8h | 1h 40m | $23.6M | $77.9M | 125x |
Lighter RH XRP
BloFin XRP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter RH. 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% → −0.003%
- −$4.97
- Slippage, 4 orders
- −$4.62
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $4.45
- Costs to cover
- 0.166%
- Break-even
- 5.8 days
Slippage from Lighter RH: live order book, 3 min ago; BloFin: live order book, 4 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 RH live order book, 3 min ago | 1.65 bp | 1.6 bp −$2 | 5.0 bp −$50 | 38.1 bp −$3,808 | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.66 bp | 6.7 bp −$7 | 6.7 bp −$67 | 9.9 bp −$987 | 17.6 bp −$8,780 |
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 | 1.5157 | −0.013% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5151 | −0.050% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5150 | −0.059% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5140 | −0.128% | $245K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5155 | −0.023% | $14.5M | $75.4M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.645% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5159 | 0.000% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5158 | −0.007% | $7.7M | $25.0M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0081% / S −0.0029% | 1h | 1.5142 | −0.109% | $799K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5159 | −0.002% | $2.8M | $15.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
GMX XRP/USD [ETH-USDC]
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRPlong | +0.0096% | 1h | 1.5159 | long leg | $545K | $3.2M | 20x | |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5150 | −0.059% | $13K | $368K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5153 | −0.036% | $988K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5142 | −0.112% | $38.5M | $87.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5160 | +0.005% | $606K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5143 | −0.106% | $529.8M | $2.23B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5133 | −0.172% | $344.9M | $969.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5136 | −0.152% | $127.2M | $888.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5161 | +0.013% | $564K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5160 | +0.007% | $143K | $721K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5145 | −0.092% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5146 | −0.086% | $372.7M | $159.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5144 | −0.099% | $298.1M | $921.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5154 | −0.034% | $107.3M | $182.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5146 | −0.086% | $267.2M | $399.0M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5140 | −0.125% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5148 | −0.074% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5135 | −0.158% | $657K | $114.7M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5145 | −0.094% | $1.1M | $36.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5147 | −0.079% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5155 | −0.027% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5152 | −0.046% | $47K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5145 | −0.090% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5137 | −0.145% | $65K | $774K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5150 | −0.057% | $815K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5161 | +0.014% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5153 | −0.040% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5145 | −0.093% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5150 | −0.059% | $54.1M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5166 | +0.045% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5149 | −0.065% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5136 | −0.152% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0156% | 1h | 1.5159 | 0.000% | $2.0M | $1.4M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0160% | 1h | 1.5151 | −0.052% | $17K | $79K | 7x | as long as short |
| Hyperliquid XRP | +0.0165% | 1h | 1.5160 | +0.007% | $288.3M | $265.4M | 20x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5156 | −0.020% | $5.7M | $48.3M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0213% | 8h | 1.5161 | +0.013% | $1.7M | $35.3M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5143 | −0.104% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDTshort | +0.0220% | 8h | 1.5151 | −0.053% | $23.6M | $77.9M | 125x | |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5158 | −0.006% | $523K | $796K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0566% | 1h | 1.5157 | −0.015% | $2K | $16K | 10x | as long as short |
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
Kalshi KXXRPPERP
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD