Funding you earn now, next payment 06:00 UTC+0.0093%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Lighter against gTrade (Gains Network)+0.015%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2752.746% of the position
Funding, last 3 days (all we have)+0.094%+$9 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.015%, 7d avg +0.019%
=Together, before fees+0.030%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XRP/USD | 1.4994 | L +0.0003% / S −0.0004% | pay 0.0000% / 1h | 25m 13s | $243K | — | 150x |
| Short | Lighter XRP | 1.4996 | 0.0096 | get 0.0012% / 1h | 25m 13s | $2.8M | $15.0M | 20x |
gTrade (Gains Network) XRP/USD
Lighter XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against gTrade (Gains Network). 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
- $19.46
- Price spread: +0.015% → +0.019%
- −$0.41
- Slippage, 4 orders
- −$264.62
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$255.57
- Costs to cover
- 2.746%
- Break-even
- 98.9 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 24 min ago; Lighter: live order book, 3 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 gTrade (Gains Network) virtual book (oracle venue), 24 min ago | 130.02 bp | 135.0 bp −$135 | 208.0 bp −$2,080 | 1906.1 bp −$190.6K | 9819.7 bp −$4.91M |
| Sell Lighter live order book, 3 min ago | 2.13 bp | 2.4 bp −$2 | 5.7 bp −$57 | 14.8 bp −$1,484 | 33.8 bp −$16.9K |
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 | 1.4943 | −0.339% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.4994 | +0.004% | $14.1M | $75.1M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.4984 | −0.069% | $1.1M | $130K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.4980 | −0.093% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USDlong | L +0.0003% / S −0.0004% | 1h | 1.4994 | long leg | $243K | — | 150x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.776% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.4993 | −0.005% | $788K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.4996 | +0.014% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0084% | 1h | 1.4997 | +0.021% | $7.6M | $25.7M | 50x | as long as short |
| Lighter XRPshort | +0.0096% | 1h | 1.4996 | +0.015% | $2.8M | $15.0M | 20x |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.4998 | +0.027% | $543K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.4986 | −0.053% | $10K | $363K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.4989 | −0.036% | $952K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5003 | +0.061% | $285.5M | $261.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.4994 | −0.001% | $38.2M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.4988 | −0.037% | $599K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.4992 | −0.014% | $524.7M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.4979 | −0.099% | $340.6M | $971.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.4981 | −0.086% | $124.2M | $876.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.4932 | −0.413% | $556K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5003 | +0.061% | $143K | $729K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5027 | +0.220% | $1.6M | $4K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.4997 | +0.021% | $365.7M | $159.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.4981 | −0.086% | $277.6M | $919.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.4991 | −0.019% | $104.6M | $181.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.4992 | −0.013% | $263.1M | $397.7M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.4996 | +0.014% | — | $106.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.4960 | −0.226% | $4.7M | $38.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.4951 | −0.284% | $649K | $112.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5001 | +0.045% | $1.1M | $37.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.4945 | −0.326% | $1.2M | $1.1M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5000 | +0.041% | $51K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.4996 | +0.014% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.4995 | +0.007% | $61K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.4993 | −0.003% | $807K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5002 | +0.051% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.4996 | +0.014% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.4990 | −0.028% | $49.0M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.4989 | −0.033% | $53.5M | $32.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.4997 | +0.022% | $468K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.4991 | −0.021% | — | $15K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.4989 | −0.029% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.4995 | +0.005% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0148% | 8h | 1.4991 | −0.019% | $1.6M | $35.8M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0155% | 1h | 1.4971 | −0.153% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5000 | +0.041% | $5.5M | $48.1M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0208% | 1h | 1.4939 | −0.368% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.4993 | −0.004% | $1.3M | $6K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.4995 | +0.007% | $23.3M | $76.3M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5001 | +0.047% | $512K | $782K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0619% | 1h | 1.5001 | +0.048% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
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-USDT
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
Paradex XRP-USD-PERP
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD