Funding you earn now, next payment 10:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: MEXC against Lighter RH−0.007%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$50.048% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.007%, 7d avg +0.013%
=Together, before fees+0.042%+ Points / potential airdropLighter RH: Points live · farm board+$4 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XRP | 1.5382 | 0.0096 | pay 0.0012% / 1h | 15m 38s | $605K | $3.1M | 20x |
| Short | MEXC XRP_USDT | 1.5381 | 0.0100 | get 0.0100% / 8h | 6h 15m | $315.5M | $917.3M | 300x |
Lighter RH XRP
MEXC XRP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.007% → +0.013%
- −$1.92
- Slippage, 4 orders
- −$4.81
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$5.89
- Costs to cover
- 0.048%
- Break-even
- 56.1 days
Slippage from Lighter RH: live order book, 6 min ago; MEXC: live order book, 2 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, 6 min ago | 1.30 bp | 1.3 bp −$1 | 4.2 bp −$42 | 40.3 bp −$4,035 | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.32 bp | 0.3 bp $0 | 0.3 bp −$3 | 4.2 bp −$420 | 26.2 bp −$13.1K |
XRP on 50 exchanges
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 | 1.5377 | −0.033% | $5K | $4K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5379 | −0.019% | $1.1M | $155K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5384 | +0.013% | $7.9M | $21.7M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5384 | +0.010% | $250K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0016% | 1h | 1.5384 | +0.011% | $14.2M | $72.7M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.157% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0048% | 1h | 1.5398 | +0.104% | $9K | $2K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5380 | −0.016% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRPlong | +0.0096% | 1h | 1.5382 | long leg | $605K | $3.1M | 20x | |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5382 | +0.001% | $480K | $51K | 50x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Lighter XRP
Paradex XRP-USD-PERPShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5390 | +0.052% | $10K | $396K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5393 | +0.068% | $1.0M | $5.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5396 | +0.091% | $39.6M | $82.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5383 | +0.006% | $590K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5399 | +0.111% | $537.0M | $2.10B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5399 | +0.111% | $363.6M | $899.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5395 | +0.085% | $124.7M | $846.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5340 | −0.273% | $563K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5400 | +0.117% | $165K | $692K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5353 | −0.191% | $1.6M | $25K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5391 | +0.059% | $380.3M | $160.9M | 100x | as long as short |
| MEXC XRP_USDTshort | +0.0100% | 8h | 1.5381 | −0.007% | $315.5M | $917.3M | 300x | |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5382 | −0.002% | $106.9M | $182.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5392 | +0.065% | $272.6M | $359.9M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5391 | +0.059% | — | $103.9M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5377 | −0.031% | $5.1M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5350 | −0.205% | $667K | $111.0M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5372 | −0.062% | $1.1M | $31.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5360 | −0.143% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5393 | +0.069% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5386 | +0.026% | $53K | $479K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5386 | +0.026% | $42K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5380 | −0.013% | $68K | $600K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5361 | −0.137% | $129K | $1.6M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5381 | −0.007% | $31K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5370 | −0.077% | $50.1M | $14.2M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5381 | −0.007% | $54.9M | $33.3M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5382 | +0.003% | $2.1M | $5.8M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0104% | 1h | 1.5354 | −0.184% | $17K | $76K | 7x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5375 | −0.046% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0120% | 1h | 1.5385 | +0.020% | $5.5M | $45.6M | 50x | as long as short |
| Hyperliquid XRP | +0.0130% | 1h | 1.5393 | +0.072% | $298.9M | $268.4M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0153% | 8h | 1.5379 | −0.020% | $1.9M | $34.3M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0155% / S −0.0126% | 1h | 1.5382 | +0.002% | $801K | — | 200x | as long as short |
| Backpack XRP_USDC_PERP | +0.0198% | 1h | 1.5395 | +0.085% | $2.0M | $1.3M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5354 | −0.182% | $23.8M | $79.3M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0222% | 1h | 1.5383 | +0.009% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0272% | 1h | 1.5398 | +0.107% | $514K | $786K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0459% | 1h | 1.5376 | −0.042% | $3K | $14K | 10x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5350 | −0.208% | $69K | $109K | 15x | 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
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
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
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Hibachi XRP/USDT-P
Aevo XRP-PERP
Coinbase International XRP-PERP-INTX
Hyperliquid XRP
Kalshi KXXRPPERP
GMX XRP/USD [ETH-USDC]
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD
Phoenix XRP