Funding you earn now, next payment 12:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter RH against KuCoin+0.049%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$180.177% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 7 days−0.108%−$11 · spread now +0.049%, 7d avg −0.020%
=Together, before fees−0.123%+ Points / potential airdropLighter RH: Points live · farm board−$12 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 0.069% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XRPUSDTM | 1.5315 | 0.0100 | pay 0.0100% / 8h | 4h 55m | $104.8M | $180.1M | 75x |
| Short | Lighter RH XRP | 1.5323 | 0.0096 | get 0.0012% / 1h | 55m 24s | $599K | $3.0M | 20x |
KuCoin XRPUSDTM
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against KuCoin. 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: +0.049% → −0.020%
- $6.86
- Slippage, 4 orders
- −$5.7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$11.68
- Costs to cover
- 0.177%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Lighter RH: live order book, 1 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 KuCoin live order book, 2 min ago | 0.03 bp | 7.4 bp −$7 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 1 min ago | 0.98 bp | 1.0 bp −$1 | 5.6 bp −$56 | 44.0 bp −$4,403 | doesn't fit |
XRP on 51 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 | 1.5378 | +0.408% | $5K | $2K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0077% | 1h | 1.5313 | −0.017% | $13.8M | $68.5M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5318 | +0.013% | $1.1M | $154K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5320 | +0.029% | $69K | $102K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5314 | −0.010% | $7.7M | $19.9M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5304 | −0.075% | $242K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.596% | $2K | $107K | 30x | as long as short |
| Hibachi XRP/USDT-P | +0.0080% | 1h | 1.5314 | −0.010% | $17K | $69K | 7x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5314 | −0.010% | $9K | $987 | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5319 | +0.023% | $2.7M | $13.4M | 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
Hibachi XRP/USDT-P
01 Exchange XRPUSD
Lighter XRPShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRPshort | +0.0096% | 1h | 1.5323 | +0.049% | $599K | $3.0M | 20x | |
| Coinbase International XRP-PERP-INTX | +0.0096% | 1h | 1.5314 | −0.010% | $5.4M | $42.1M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5321 | +0.033% | $478K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5310 | −0.036% | $10K | $410K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5317 | +0.013% | $840K | $6.0M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5319 | +0.023% | $297.7M | $264.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5305 | −0.067% | $38.9M | $79.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5319 | +0.023% | $589K | $985K | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5304 | −0.075% | $532.6M | $2.03B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5307 | −0.055% | $360.0M | $854.9M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5305 | −0.069% | $124.1M | $820.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5287 | −0.186% | $562K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5320 | +0.029% | $163K | $692K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5312 | −0.026% | $1.6M | $66K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5306 | −0.062% | $377.2M | $156.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5306 | −0.062% | $318.6M | $872.8M | 300x | as long as short |
| KuCoin XRPUSDTMlong | +0.0100% | 8h | 1.5315 | long leg | $104.8M | $180.1M | 75x | |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5308 | −0.049% | $270.8M | $347.8M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5307 | −0.055% | — | $98.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5304 | −0.072% | $4.9M | $38.0M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5306 | −0.061% | $665K | $105.6M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5310 | −0.036% | $1.1M | $32.7M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5318 | +0.016% | $1.2M | $1.2M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5312 | −0.023% | $52K | $469K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5306 | −0.065% | $41K | $64K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5306 | −0.062% | $83K | $601K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5312 | −0.021% | $824K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5308 | −0.052% | $128K | $1.5M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5309 | −0.042% | $31K | $1.4M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5301 | −0.097% | $49.9M | $13.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5304 | −0.075% | $54.7M | $33.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5312 | −0.020% | — | $15K | 10x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5309 | −0.042% | $2.2M | $5.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5301 | −0.094% | $59K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0112% | 8h | 1.5308 | −0.049% | $1.9M | $35.4M | 2.9x | as long as short |
| Backpack XRP_USDC_PERP | +0.0167% | 1h | 1.5320 | +0.029% | $2.0M | $1.2M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5309 | −0.042% | $23.7M | $77.5M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0224% | 1h | 1.5302 | −0.091% | $1.4M | $1K | 15x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0254% / S −0.0498% | 1h | 1.5304 | −0.075% | $880K | — | 200x | as long as short |
| RISEx XRP/USDC | +0.0300% | 1h | 1.5319 | +0.026% | $507K | $723K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0391% | 1h | 1.5316 | +0.002% | $3K | $13K | 10x | as long as short |
Coinbase International XRP-PERP-INTX
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
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
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
Vest XRP-PERP
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
GMX XRP/USD [ETH-USDC]
RISEx XRP/USDC
Aftermath Perps XRPUSD