Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.041%
Price spread now: edgeX against Lighter RH+0.128%50s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$140.135% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days−0.152%−$15 · spread now +0.128%, 7d avg −0.021%
=Together, before fees−0.219%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.149% dearer against Lighter RH than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.021%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XRP | 1.5475 | 0.0096 | pay 0.0012% / 1h | 36m 30s | $441K | $3.1M | 20x |
| Short | edgeX XRPUSDC | 1.5495 | 0.0100 | get 0.0050% / 4h | 36m 30s | $673K | $103.9M | 30x |
Lighter RH XRP
edgeX XRPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $0.84
- Price spread: +0.128% → −0.021%
- $14.94
- Slippage, 4 orders
- −$4.52
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $2.26
- Costs to cover
- 0.135%
- Break-even
- from the start
Slippage from Lighter RH: live order book, 2 min ago; edgeX: 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 RH live order book, 2 min ago | 1.29 bp | 1.3 bp −$1 | 4.8 bp −$48 | 36.2 bp −$3,623 | doesn't fit |
| Sell edgeX live order book, 3 min ago | 0.97 bp | 5.5 bp −$5 | 5.5 bp −$55 | 8.8 bp −$881 | doesn't fit |
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 | 1.5472 | −0.019% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5474 | −0.005% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5550 | +0.485% | $69K | $90K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5474 | −0.006% | $9.6M | $25.4M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5471 | −0.027% | $259K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0007% / S +0.0102% | 1h | 1.5473 | −0.015% | $851K | — | 200x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5473 | −0.012% | $15.5M | $68.8M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0057% | 8h | 1.5471 | −0.026% | $76K | $909K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +0.549% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5473 | −0.013% | $3.0M | $12.6M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Injective XRP/USDC PERP
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 | 1.5475 | long leg | $441K | $3.1M | 20x | |
| Nado XRP-PERP | +0.0100% | 1h | 1.5468 | −0.042% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5472 | −0.021% | $39.3M | $80.6M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5475 | +0.001% | $637K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5467 | −0.052% | $553.1M | $2.02B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5467 | −0.052% | $346.4M | $919.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5466 | −0.058% | $126.9M | $882.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5473 | −0.013% | $576K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5478 | +0.019% | $116K | $755K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5506 | +0.200% | $1.7M | $573K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5472 | −0.019% | $373.0M | $144.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5471 | −0.026% | $300.5M | $875.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5472 | −0.023% | $112.5M | $163.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5466 | −0.058% | $269.8M | $372.0M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5472 | −0.019% | — | $121.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5522 | +0.301% | $11.6M | $30.5M | — | as long as short |
| edgeX XRPUSDCshort | +0.0100% | 4h | 1.5495 | +0.128% | $673K | $103.9M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5516 | +0.267% | $1.1M | $40.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5499 | +0.155% | $1.0M | $899K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5469 | −0.040% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5468 | −0.045% | $47K | $455K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5475 | 0.000% | $42K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5473 | −0.011% | $833K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5487 | +0.075% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5472 | −0.019% | $33K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5471 | −0.028% | $50.8M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5473 | −0.013% | $55.0M | $29.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5471 | −0.025% | $482K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5480 | +0.032% | $12K | $267K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5469 | −0.040% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5469 | −0.039% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5479 | +0.026% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5464 | −0.072% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5477 | +0.013% | $24.5M | $74.3M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5484 | +0.058% | $5.9M | $47.4M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0264% | 1h | 1.5494 | +0.120% | $18K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0310% | 1h | 1.5479 | +0.026% | $1.7M | $1.0M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0311% | 8h | 1.5489 | +0.090% | $2.0M | $34.1M | 2.9x | as long as short |
| Hyperliquid XRP | +0.0592% | 1h | 1.5489 | +0.090% | $294.3M | $209.9M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5485 | +0.064% | $503K | $633K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0800% | 1h | 1.5529 | +0.349% | $1K | $11K | 10x | as long as short |
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-USDT
Variational Omni XRP
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
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD