Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Bullet+0.108%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.108% dearer against Bullet than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet XRP-USD | 1.5206 | 0.0100 | pay 0.0013% / 1h | 26m 40s | $41K | $71K | 20x |
| Short | Lighter RH XRP | 1.5222 | 0.0096 | get 0.0012% / 1h | 26m 40s | $547K | $3.2M | 20x |
Bullet XRP-USD
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bullet. 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: +0.108% → 0.000%
- $10.81
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $1.97
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Bullet: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bullet no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 2 min ago | 1.98 bp | 2.8 bp −$3 | 7.0 bp −$70 | 41.5 bp −$4,153 | doesn't fit |
Bullet: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5214 | +0.055% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5204 | −0.012% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | −0.234% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5172 | −0.223% | $246K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0024% | 1h | 1.5209 | +0.026% | $14.4M | $74.9M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.331% | $2K | $107K | 30x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0079% | 1h | 1.5213 | +0.049% | $7.7M | $24.8M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0085% / S −0.0035% | 1h | 1.5204 | −0.008% | $802K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5221 | +0.105% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRPshort | +0.0096% | 1h | 1.5222 | +0.108% | $547K | $3.2M | 20x |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Deribit XRP_USDC-PERPETUAL
GMX XRP/USD [ETH-USDC]
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5219 | +0.088% | $11K | $372K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5210 | +0.026% | $981K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5220 | +0.093% | $38.6M | $87.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5223 | +0.114% | $619K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5223 | +0.112% | $534.1M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5220 | +0.095% | $346.9M | $962.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5223 | +0.115% | $127.6M | $886.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5198 | −0.050% | $566K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5234 | +0.187% | $144K | $715K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5221 | +0.101% | $377.8M | $160.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5223 | +0.115% | $305.1M | $926.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5217 | +0.076% | $107.8M | $181.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5223 | +0.115% | $268.4M | $397.1M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5224 | +0.121% | — | $105.6M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5158 | −0.314% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5165 | −0.269% | $659K | $113.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5162 | −0.286% | $1.1M | $36.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5169 | −0.241% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5204 | −0.012% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5212 | +0.042% | $47K | $489K | 20x | as long as short |
| Bullet XRP-USDlong | +0.0100% | 1h | 1.5206 | long leg | $41K | $71K | 20x | |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5210 | +0.029% | $65K | $773K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5148 | −0.376% | $815K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5216 | +0.070% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5211 | +0.036% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5206 | +0.005% | $49.7M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5206 | +0.003% | $54.5M | $32.4M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5157 | −0.319% | $1.6M | $5K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5231 | +0.167% | $475K | $54K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5219 | +0.087% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5234 | +0.187% | $9K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5210 | +0.029% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0144% | 1h | 1.5172 | −0.221% | $17K | $79K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5215 | +0.062% | $5.7M | $48.3M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0182% | 1h | 1.5221 | +0.101% | $2.0M | $1.4M | 25x | as long as short |
| Hyperliquid XRP | +0.0196% | 1h | 1.5229 | +0.154% | $289.5M | $265.0M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0212% | 8h | 1.5205 | −0.004% | $1.8M | $35.2M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5156 | −0.324% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5205 | −0.004% | $23.7M | $78.1M | 125x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5213 | +0.046% | $531K | $800K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0602% | 1h | 1.5174 | −0.209% | $2K | $16K | 10x | 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
Gate XRP_USDT
MEXC 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
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Hyperliquid XRP
Kalshi KXXRPPERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD