Funding you earn now, next payment 11:00 UTC+0.0093%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Lighter RH against gTrade (Gains Network)−0.008%71s7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2732.734% of the position
Funding, last 4 days (all we have)+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.008%, 7d avg +0.032%
=Together, before fees+0.089%+ Points / potential airdropLighter RH: Points live · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.040% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.032%). If the spread goes back, that is −$4 on $10k: about 34 hours of funding at the current rate (+$3 a day). The two prices were read 71 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 | gTrade (Gains Network) XRP/USD | 1.5258 | L +0.0003% / S −0.0004% | pay 0.0000% / 1h | 27m 05s | $241K | — | 150x |
| Short | Lighter RH XRP | 1.5257 | 0.0096 | get 0.0012% / 1h | 27m 05s | $591K | $3.1M | 20x |
gTrade (Gains Network) XRP/USD
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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: −0.008% → +0.032%
- −$3.98
- Slippage, 4 orders
- −$263.4
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$257.92
- Costs to cover
- 2.734%
- Break-even
- 99.8 days
Slippage from gTrade (Gains Network): virtual book (oracle exchange), 20 min ago; Lighter RH: live order book, 4 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 exchange), 20 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 RH live order book, 4 min ago | 1.31 bp | 1.3 bp −$1 | 5.2 bp −$52 | 40.6 bp −$4,063 | doesn't fit |
XRP on 50 exchanges
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 | 1.5374 | +0.759% | $5K | $4K | 20x | as long as short |
| 01 Exchange XRPUSD | −0.0072% | 1h | 1.5257 | −0.008% | $9K | $987 | 10x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0063% | 1h | 1.5253 | −0.035% | $13.8M | $69.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5255 | −0.018% | $1.1M | $154K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5260 | +0.012% | $68K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5253 | −0.034% | $7.6M | $20.6M | 50x | as long as short |
| gTrade (Gains Network) XRP/USDlong | L +0.0003% / S −0.0004% | 1h | 1.5258 | long leg | $241K | — | 150x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.978% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0088% | 1h | 1.5265 | +0.041% | $17K | $75K | 7x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5253 | −0.032% | $2.8M | $14.1M | 20x | as long as short |
Hotstuff XRP-PERP
01 Exchange XRPUSD
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Hibachi XRP/USDT-P
Lighter XRPShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRPshort | +0.0096% | 1h | 1.5257 | −0.008% | $591K | $3.1M | 20x | |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5252 | −0.041% | $476K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5253 | −0.034% | $11K | $406K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5254 | −0.024% | $1.1M | $5.8M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5265 | +0.045% | $295.7M | $267.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5252 | −0.041% | $38.8M | $80.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5255 | −0.024% | $587K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5254 | −0.028% | $529.8M | $2.06B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5253 | −0.034% | $357.9M | $867.0M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5250 | −0.054% | $123.7M | $821.9M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5242 | −0.106% | $560K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5262 | +0.025% | $162K | $696K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5256 | −0.014% | $376.6M | $159.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5249 | −0.060% | $307.5M | $901.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5250 | −0.054% | $104.4M | $181.4M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5250 | −0.054% | $269.8M | $353.3M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5253 | −0.034% | — | $99.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5257 | −0.008% | $4.9M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5257 | −0.008% | $663K | $107.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5255 | −0.021% | $1.1M | $32.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5264 | +0.038% | $1.2M | $1.2M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5252 | −0.041% | $52K | $472K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5251 | −0.046% | $41K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5250 | −0.054% | $83K | $601K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5252 | −0.044% | $128K | $1.5M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5250 | −0.054% | $32K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5245 | −0.085% | $49.7M | $13.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5252 | −0.041% | $54.3M | $33.3M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5287 | +0.185% | $1.6M | $32K | 20x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5254 | −0.029% | — | $15K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5244 | −0.091% | $2.2M | $6.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5245 | −0.087% | $59K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0106% | 1h | 1.5263 | +0.031% | $2.0M | $1.2M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0112% | 1h | 1.5254 | −0.028% | $5.5M | $42.6M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0127% | 8h | 1.5265 | +0.045% | $1.9M | $35.4M | 2.9x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5254 | −0.028% | $23.7M | $77.5M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0223% | 1h | 1.5245 | −0.089% | $1.3M | $1K | 15x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0228% / S −0.0468% | 1h | 1.5251 | −0.045% | $858K | — | 200x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5261 | +0.020% | $513K | $726K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0344% | 1h | 1.5263 | +0.031% | $3K | $13K | 10x | as long as short |
Paradex XRP-USD-PERP
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
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
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
BloFin XRP-USDT
Reya XRPRUSDPERP
GMX XRP/USD [ETH-USDC]
RISEx XRP/USDC
Aftermath Perps XRPUSD