Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter RH against Binance−0.048%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$150.149% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now −0.048%, 7d avg −0.013%
=Together, before fees+0.057%+ Points / potential airdropLighter RH: Points live · farm board+$6 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: Lighter RH is 0.035% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XRPUSDT | 1.5142 | 0.0100 | pay 0.0100% / 8h | 4h 13m | $534.1M | $2.12B | 100x |
| Short | Lighter RH XRP | 1.5135 | 0.0096 | get 0.0012% / 1h | 13m 43s | $498K | $3.3M | 20x |
Binance XRPUSDT
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Binance. 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: −0.048% → −0.013%
- −$3.52
- Slippage, 4 orders
- −$4.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$19.24
- Costs to cover
- 0.149%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Lighter RH: 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 Binance live order book, 15 min ago | 0.33 bp | 5.3 bp −$5 | 6.6 bp −$66 | 11.9 bp −$1,186 | 28.4 bp −$14.2K |
| Sell Lighter RH live order book, 5 min ago | 1.32 bp | 1.3 bp −$1 | 6.6 bp −$66 | 44.3 bp −$4,433 | 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 | 1.5142 | −0.002% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0071% | 1h | 1.5132 | −0.065% | $14.3M | $73.8M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5134 | −0.053% | $1.1M | $111K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5150 | +0.051% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5136 | −0.042% | $7.7M | $25.5M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5128 | −0.094% | $253K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.759% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0045% / S +0.0023% | 1h | 1.5125 | −0.116% | $789K | — | 200x | as long as short |
| Orderly PERP_XRP_USDC | +0.0089% | 8h | 1.5133 | −0.061% | $62K | $934K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5150 | +0.049% | $2.8M | $14.6M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
Orderly PERP_XRP_USDC
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRPshort | +0.0096% | 1h | 1.5135 | −0.048% | $498K | $3.3M | 20x | |
| Katana Perps XRP-USD | +0.0098% | 8h | 1.5131 | −0.075% | $11K | $329K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5134 | −0.051% | $1.1M | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5159 | +0.110% | $280.5M | $227.1M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5133 | −0.061% | $38.3M | $83.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5136 | −0.042% | $607K | $1.1M | 20x | as long as short |
| Binance XRPUSDTlong | +0.0100% | 8h | 1.5142 | long leg | $534.1M | $2.12B | 100x | |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5145 | +0.018% | $346.8M | $934.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5146 | +0.025% | $126.1M | $874.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5132 | −0.068% | $564K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5134 | −0.055% | $110K | $713K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5130 | −0.078% | $1.6M | $49K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5136 | −0.042% | $369.0M | $154.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5133 | −0.061% | $291.8M | $902.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5138 | −0.028% | $107.9M | $174.8M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5147 | +0.031% | $268.0M | $384.8M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5139 | −0.022% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5137 | −0.036% | $5.2M | $37.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5145 | +0.021% | $659K | $108.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5149 | +0.045% | $1.1M | $36.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5156 | +0.091% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5134 | −0.052% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5132 | −0.068% | $44K | $454K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5130 | −0.081% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5134 | −0.056% | $814K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5137 | −0.033% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5132 | −0.068% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5128 | −0.096% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5132 | −0.068% | $53.9M | $30.9M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5133 | −0.060% | $472K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5133 | −0.059% | $2.0M | $6.8M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5134 | −0.055% | $8K | $8K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5132 | −0.068% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0182% | 1h | 1.5141 | −0.008% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0192% | 1h | 1.5141 | −0.008% | $5.5M | $47.0M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0208% | 1h | 1.5146 | +0.025% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0216% | 1h | 1.5129 | −0.086% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5143 | +0.005% | $24.2M | $76.0M | 125x | as long as short |
| Kalshi KXXRPPERP | +0.0315% | 8h | 1.5139 | −0.022% | $2.1M | $34.6M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0352% | 1h | 1.5136 | −0.041% | $515K | $773K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0673% | 1h | 1.5151 | +0.056% | $2K | $15K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
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
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD