Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Paradex against Lighter−0.006%7-day average +0.002% · 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−$18as in the Price arb table
costs, in and out, $10k−$170.169% of the position
Funding, last 4 days (all we have)−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now −0.006%, 7d avg +0.002%
=Together, before fees+0.003%+ Points / potential airdropLighter: Season 3 · Paradex: Active · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XRP | 1.5232 | 0.0096 | pay 0.0012% / 1h | 26m 13s | $2.8M | $15.1M | 20x |
| Short | Paradex XRP-USD-PERP | 1.5231 | 0.0100 | get 0.0100% / 8h | 1h 26m | $475K | $54K | 50x |
Lighter XRP
Paradex XRP-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Lighter. 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: −0.006% → +0.002%
- −$0.74
- Slippage, 4 orders
- −$12.91
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$16.81
- Costs to cover
- 0.169%
- Break-even
- 147.0 days
Slippage from Lighter: live order book, 12 min ago; Paradex: live order book, 18 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 Lighter live order book, 12 min ago | 1.10 bp | 1.1 bp −$1 | 4.4 bp −$44 | 12.9 bp −$1,289 | 34.2 bp −$17.1K |
| Sell Paradex live order book, 18 min ago | 4.62 bp | 6.6 bp −$7 | 146.9 bp −$1,469 | doesn't fit | 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 | 1.5214 | −0.117% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5221 | −0.073% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | −0.406% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5226 | −0.038% | $246K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0024% | 1h | 1.5232 | 0.000% | $14.4M | $74.9M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.155% | $2K | $107K | 30x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0078% | 1h | 1.5233 | +0.008% | $7.7M | $24.8M | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0085% / S −0.0035% | 1h | 1.5204 | −0.180% | $802K | — | 200x | as long as short |
| Lighter XRPlong | +0.0096% | 1h | 1.5232 | long leg | $2.8M | $15.1M | 20x | |
| Lighter RH XRP | +0.0096% | 1h | 1.5232 | +0.001% | $547K | $3.2M | 20x | as long as short |
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 RH 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 | −0.084% | $11K | $372K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5225 | −0.041% | $991K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5231 | −0.005% | $38.7M | $87.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5223 | −0.058% | $619K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5232 | +0.001% | $534.5M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5229 | −0.018% | $347.1M | $962.5M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5226 | −0.038% | $127.6M | $887.2M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5198 | −0.222% | $566K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5234 | +0.015% | $144K | $715K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5228 | −0.025% | $377.9M | $160.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5232 | +0.001% | $305.2M | $926.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5230 | −0.012% | $107.9M | $182.0M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5226 | −0.038% | $268.4M | $397.3M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5224 | −0.051% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5158 | −0.485% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5165 | −0.441% | $659K | $113.4M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5162 | −0.458% | $1.1M | $36.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5169 | −0.412% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5226 | −0.038% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5233 | +0.008% | $47K | $489K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5230 | −0.013% | $41K | $71K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5226 | −0.038% | $65K | $773K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5148 | −0.547% | $815K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5234 | +0.015% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5231 | −0.005% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5229 | −0.017% | $49.7M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5226 | −0.038% | $54.5M | $32.5M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5157 | −0.491% | $1.6M | $5K | 20x | as long as short |
| Paradex XRP-USD-PERPshort | +0.0100% | 8h | 1.5231 | −0.006% | $475K | $54K | 50x | |
| Extended XRP-USD | +0.0104% | 1h | 1.5226 | −0.039% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5234 | +0.015% | $9K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5227 | −0.031% | $58K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0144% | 1h | 1.5172 | −0.393% | $17K | $79K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5234 | +0.015% | $5.7M | $48.4M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0182% | 1h | 1.5221 | −0.071% | $2.0M | $1.4M | 25x | as long as short |
| Hyperliquid XRP | +0.0197% | 1h | 1.5243 | +0.074% | $289.8M | $265.0M | 20x | as long as short |
| Kalshi KXXRPPERP | +0.0217% | 8h | 1.5228 | −0.025% | $1.8M | $35.2M | 2.9x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5228 | −0.024% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5205 | −0.176% | $23.7M | $78.1M | 125x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5235 | +0.020% | $532K | $800K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0606% | 1h | 1.5183 | −0.320% | $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-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
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
Bulk XRP-USD
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