Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Pacifica+0.004%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$150.148% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now +0.004%, 7d avg −0.010%
=Together, before fees−0.105%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XRP | 1.5325 | 0.0100 | pay 0.0013% / 1h | 6m 14s | $589K | $987K | 20x |
| Short | Lighter XRP | 1.5326 | 0.0096 | get 0.0012% / 1h | 6m 14s | $2.8M | $14.2M | 20x |
Pacifica XRP
Lighter XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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: +0.004% → −0.010%
- $1.36
- Slippage, 4 orders
- −$6.78
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$14.25
- Costs to cover
- 0.148%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 1 min ago; Lighter: live order book, 5 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 Pacifica live order book, 1 min ago | 0.65 bp | 4.7 bp −$5 | 7.1 bp −$71 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 1.13 bp | 2.4 bp −$2 | 6.0 bp −$60 | 16.6 bp −$1,661 | 37.4 bp −$18.7K |
XRP on 51 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 | 1.5395 | +0.457% | $5K | $4K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0062% | 1h | 1.5327 | +0.013% | $13.8M | $69.3M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5317 | −0.053% | $1.1M | $154K | 10x | as long as short |
| 01 Exchange XRPUSD | 0.0000% | 1h | 1.5331 | +0.039% | $9K | $987 | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5290 | −0.228% | $68K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5327 | +0.013% | $7.7M | $20.2M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5318 | −0.044% | $242K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.533% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0088% | 1h | 1.5312 | −0.088% | $17K | $70K | 7x | as long as short |
| Lighter XRPshort | +0.0096% | 1h | 1.5326 | +0.004% | $2.8M | $14.2M | 20x |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
01 Exchange XRPUSD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Hibachi XRP/USDT-PShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5329 | +0.026% | $599K | $3.2M | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5324 | −0.007% | $478K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5322 | −0.020% | $10K | $410K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5321 | −0.024% | $838K | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5334 | +0.059% | $297.4M | $264.2M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5323 | −0.014% | $38.9M | $79.9M | 100x | as long as short |
| Pacifica XRPlong | +0.0100% | 1h | 1.5325 | long leg | $589K | $987K | 20x | |
| Binance XRPUSDT | +0.0100% | 8h | 1.5323 | −0.016% | $532.9M | $2.04B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5318 | −0.046% | $361.2M | $860.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5318 | −0.046% | $124.1M | $823.8M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5267 | −0.378% | $562K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5330 | +0.033% | $163K | $694K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5282 | −0.280% | $1.6M | $66K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5322 | −0.020% | $377.5M | $161.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5322 | −0.020% | $316.0M | $908.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5323 | −0.011% | $104.9M | $180.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5320 | −0.033% | $271.2M | $350.2M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5318 | −0.046% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5273 | −0.342% | $4.9M | $38.0M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5277 | −0.310% | $664K | $106.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5299 | −0.170% | $1.1M | $32.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5287 | −0.248% | $1.2M | $1.2M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5330 | +0.033% | $52K | $470K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5328 | +0.020% | $41K | $64K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5325 | 0.000% | $83K | $601K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5303 | −0.144% | $823K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5334 | +0.057% | $128K | $1.5M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5323 | −0.013% | $32K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5316 | −0.061% | $49.9M | $13.2M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5324 | −0.007% | $54.7M | $33.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5327 | +0.014% | — | $15K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5317 | −0.055% | $2.2M | $6.0M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5320 | −0.033% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0112% | 1h | 1.5326 | +0.007% | $5.5M | $42.6M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0117% | 8h | 1.5329 | +0.026% | $1.9M | $35.4M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0156% | 1h | 1.5333 | +0.052% | $2.0M | $1.2M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5313 | −0.078% | $23.7M | $77.5M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0224% | 1h | 1.5325 | −0.003% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5333 | +0.050% | $507K | $723K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0245% / S −0.0472% | 1h | 1.5328 | +0.019% | $886K | — | 200x | as long as short |
| Aftermath Perps XRPUSD | +0.0362% | 1h | 1.5299 | −0.170% | $3K | $13K | 10x | as long as short |
Lighter RH XRP
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
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
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
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
GMX XRP/USD [ETH-USDC]
Aftermath Perps XRPUSD