Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.031%
Price spread now: Lighter RH against edgeX−0.458%50s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$160.156% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 7 days+0.483%+$48 · spread now −0.458%, 7d avg +0.021%
=Together, before fees+0.550%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board+$55 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 0.479% cheaper against edgeX than usual: you would sell low and buy high, −$48 on $10k if it goes back to its 7-day average of +0.021%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XRPUSDC | 1.5152 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $658K | $108.0M | 30x |
| Short | Lighter RH XRP | 1.5083 | 0.0096 | get 0.0012% / 1h | 38m 35s | $515K | $3.3M | 20x |
edgeX XRPUSDC
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against edgeX. 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: −0.458% → +0.021%
- −$47.89
- Slippage, 4 orders
- −$6.63
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$64.36
- Costs to cover
- 0.156%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 1 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 edgeX live order book, 1 min ago | 1.00 bp | 5.5 bp −$5 | 5.7 bp −$57 | 8.6 bp −$863 | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.99 bp | 2.0 bp −$2 | 6.2 bp −$62 | 39.1 bp −$3,909 | 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 | 1.5082 | −0.465% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5080 | −0.481% | $1.1M | $120K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5110 | −0.280% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5083 | −0.461% | $261K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0024% / S +0.0063% | 1h | 1.5081 | −0.472% | $827K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.690% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0040% | 1h | 1.5080 | −0.480% | $14.4M | $72.6M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0070% | 8h | 1.5082 | −0.465% | $57K | $945K | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0082% | 1h | 1.5083 | −0.458% | $7.6M | $25.4M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5079 | −0.486% | $2.8M | $14.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Deribit XRP_USDC-PERPETUAL
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 | 1.5083 | −0.458% | $515K | $3.3M | 20x | |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5068 | −0.557% | $10K | $306K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5107 | −0.297% | $778K | $5.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5085 | −0.446% | $38.4M | $84.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5085 | −0.448% | $608K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5082 | −0.464% | $535.6M | $2.11B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5085 | −0.445% | $338.8M | $944.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5087 | −0.432% | $123.4M | $870.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5090 | −0.412% | $562K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5083 | −0.458% | $115K | $723K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5183 | +0.201% | $1.6M | $305K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5082 | −0.465% | $366.0M | $151.0M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5086 | −0.438% | $286.6M | $904.8M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5076 | −0.503% | $106.4M | $172.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5080 | −0.478% | $264.7M | $386.0M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5076 | −0.504% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5098 | −0.358% | $6.2M | $35.8M | — | as long as short |
| edgeX XRPUSDClong | +0.0100% | 4h | 1.5152 | long leg | $658K | $108.0M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5080 | −0.477% | $1.1M | $38.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5163 | +0.070% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5103 | −0.329% | — | $12K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5107 | −0.300% | $45K | $453K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5091 | −0.403% | $41K | $69K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5083 | −0.460% | $812K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5086 | −0.440% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5083 | −0.458% | $29K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5092 | −0.399% | $49.5M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5088 | −0.425% | $53.6M | $29.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5083 | −0.458% | $470K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5077 | −0.498% | $2.0M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5082 | −0.468% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0136% | 1h | 1.5074 | −0.518% | $8K | $8K | 10x | as long as short |
| Hyperliquid XRP | +0.0184% | 1h | 1.5092 | −0.399% | $279.0M | $220.6M | 20x | as long as short |
| Reya XRPRUSDPERP | +0.0214% | 1h | 1.5104 | −0.317% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5088 | −0.425% | $5.7M | $46.3M | 50x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5193 | +0.268% | $24.0M | $75.2M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0328% | 1h | 1.5062 | −0.598% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0330% | 1h | 1.5097 | −0.366% | $1.9M | $1.3M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0339% | 8h | 1.5099 | −0.353% | $2.1M | $36.0M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0456% | 1h | 1.5078 | −0.490% | $534K | $783K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0800% | 1h | 1.5124 | −0.186% | $2K | $14K | 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
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
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
Aevo XRP-PERP
01 Exchange XRPUSD
Hyperliquid XRP
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
BloFin XRP-USDT
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD