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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.011%
Price spread now: Lighter RH against 01 Exchange+0.112%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.112% dearer against 01 Exchange than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.51140.0072pay 0.0009% / 1h36m 35s$8K$8K10x
ShortLighter RH XRP1.51310.0096get 0.0012% / 1h36m 35s$509K$3.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against 01 Exchange. 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
$5.04
Price spread: +0.112% → 0.000%
$11.25
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$9.29
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Lighter RH: live order book, 2 min ago. 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 01 Exchange no order-book sample
Sell Lighter RH live order book, 2 min ago1.32 bp1.3 bp −$15.2 bp −$5239.0 bp −$3,903doesn't fit
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%1h1.5123+0.060%$5K$3K20xas long as short
Kraken Futures PF_XRPUSD−0.0071%1h1.5151+0.248%$14.3M$73.8M50xas long as short
dYdX XRP-USD0.0000%1h1.5133+0.126%$1.1M$114K10xas long as short
Phoenix XRP0.0000%1h1.5150+0.238%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5148+0.226%$253K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5151+0.245%$7.7M$25.5M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.951%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0040% / S +0.0029%1h1.5148+0.225%$788K200xas long as short
01 Exchange XRPUSDlong+0.0072%1h1.5114long leg$8K$8K10x
Orderly PERP_XRP_USDC+0.0081%8h1.5145+0.205%$62K$935K50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XRP+0.0096%1h1.5125+0.075%$2.8M$14.6M20xas long as short
Lighter RH XRPshort+0.0096%1h1.5131+0.112%$509K$3.3M20x
Katana Perps XRP-USD+0.0097%8h1.5104−0.066%$9K$324K20xas long as short
Nado XRP-PERP+0.0100%1h1.5111−0.017%$1.0M$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5139+0.165%$281.1M$225.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5128+0.094%$38.3M$83.2M100xas long as short
Pacifica XRP+0.0100%1h1.5128+0.094%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5109−0.033%$532.4M$2.11B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5106−0.053%$344.0M$932.1M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5108−0.040%$125.8M$872.4M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5096−0.119%$564K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5108−0.040%$109K$717K20xas long as short
Bulk XRP-USD+0.0100%1h1.5146+0.210%$1.6M$49K20xas long as short
Gate XRP_USDT+0.0100%8h1.5117+0.020%$368.9M$153.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5123+0.060%$288.8M$897.8M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5122+0.051%$107.7M$173.8M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5113−0.007%$267.4M$384.5M125xas long as short
BingX XRP-USDT+0.0100%8h1.51140.000%$126.7Mas long as short
Variational Omni XRP+0.0100%8h1.5148+0.223%$5.4M$37.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5152+0.253%$658K$108.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5180+0.437%$1.1M$35.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5153+0.258%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5149+0.232%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5155+0.271%$44K$453K20xas long as short
Bullet XRP-USD+0.0100%1h1.5150+0.238%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5146+0.211%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5158+0.292%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5151+0.245%$29K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5149+0.229%$49.6M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5149+0.232%$54.0M$30.6M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5118+0.025%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5110−0.028%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5146+0.212%$58K$25K3xas long as short
Hibachi XRP/USDT-P+0.0160%1h1.5162+0.314%$17K$82K7xas long as short
Backpack XRP_USDC_PERP+0.0165%1h1.5155+0.271%$1.9M$1.3M25xas long as short
Coinbase International XRP-PERP-INTX+0.0192%1h1.5152+0.251%$5.6M$47.1M50xas long as short
Reya XRPRUSDPERP+0.0216%1h1.5146+0.213%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5152+0.251%$24.1M$76.1M125xas long as short
Kalshi KXXRPPERP+0.0315%8h1.5156+0.278%$2.1M$34.5M2.9xas long as short
RISEx XRP/USDC+0.0352%1h1.5116+0.015%$515K$778K10xas long as short
Aftermath Perps XRPUSD+0.0652%1h1.5157+0.285%$2K$15K10xas long as short