Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.010%
Price spread now: 01 Exchange against Lighter−0.013%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XRP1.51870.0096pay 0.0012% / 1h57m 37s$2.8M$15.0M20x
Short01 Exchange XRPUSD1.51850.0160get 0.0020% / 1h57m 37s$8K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$13.44
Price spread: −0.013% → 0.000%
−$1.34
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$5.1
Costs to cover
0.070%
Break-even
4.3 days
Slippage unknown: Lighter: live order book, 6 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 6 min ago2.63 bp2.7 bp −$35.8 bp −$5813.4 bp −$1,34333.6 bp −$16.8K
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5191+0.026%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5195+0.050%$1.1M$148K10xas long as short
Phoenix XRP0.0000%1h1.5220+0.217%$68K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5192+0.033%$246K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0013%1h1.5196+0.059%$7.8M$24.4M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.456%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0078%1h1.5191+0.025%$14.5M$74.3M50xas long as short
GMX XRP/USD [ETH-USDC]L +0.0094% / S −0.0051%1h1.5193+0.037%$784K200xas long as short
Lighter XRPlong+0.0096%1h1.5187long leg$2.8M$15.0M20x
Lighter RH XRP+0.0096%1h1.5185−0.013%$545K$3.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0099%8h1.5174−0.086%$10K$370K20xas long as short
Nado XRP-PERP+0.0100%1h1.5192+0.029%$1.0M$6.4M20xas long as short
Aster XRPUSDT+0.0100%8h1.5178−0.060%$38.5M$87.2M100xas long as short
Pacifica XRP+0.0100%1h1.5186−0.007%$612K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5177−0.065%$531.6M$2.22B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5179−0.053%$348.2M$959.6M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5181−0.040%$129.4M$881.0M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5196+0.059%$565K$33K5xas long as short
Arcus XRP-USD+0.0100%1h1.5189+0.013%$144K$714K20xas long as short
Bulk XRP-USD+0.0100%1h1.5195+0.055%$1.6M$5K20xas long as short
Gate XRP_USDT+0.0100%8h1.5180−0.046%$378.5M$159.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5183−0.027%$312.2M$915.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5183−0.027%$107.1M$183.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5177−0.066%$268.4M$395.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5181−0.040%$107.7Mas long as short
Variational Omni XRP+0.0100%8h1.5187−0.001%$4.8M$38.5Mas long as short
edgeX XRPUSDC+0.0100%4h1.5193+0.039%$660K$113.2M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5196+0.058%$1.1M$35.2M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5208+0.138%$1.2M$1.2M50xas long as short
Vest XRP-PERP+0.0100%1h1.5196+0.057%$15K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5190+0.019%$50K$510K20xas long as short
Bullet XRP-USD+0.0100%1h1.5196+0.058%$41K$70K20xas long as short
Orderly PERP_XRP_USDC+0.0100%8h1.5197+0.066%$75K$686K50xas long as short
Derive XRP-PERP+0.0100%1h1.5192+0.033%$817K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5194+0.043%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5193+0.039%$28K$1.6M10xas long as short
HTX XRP-USDT+0.0100%8h1.5193+0.043%$49.6M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5196+0.059%$54.3M$32.8M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5187−0.003%$473K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5176−0.071%$2.1M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5192+0.034%$58K$25K3xas long as short
Backpack XRP_USDC_PERP+0.0123%1h1.5205+0.118%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0128%1h1.5193+0.036%$17K$79K7xas long as short
01 Exchange XRPUSDshort+0.0160%1h1.5185−0.013%$8K$2K10x
Coinbase International XRP-PERP-INTX+0.0176%1h1.5196+0.059%$5.6M$48.2M50xas long as short
Hyperliquid XRP+0.0186%1h1.5199+0.081%$289.8M$267.3M20xas long as short
Kalshi KXXRPPERP+0.0213%8h1.5197+0.066%$1.8M$34.7M2.9xas long as short
Reya XRPRUSDPERP+0.0219%1h1.5185−0.013%$1.3M$4K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5193+0.039%$23.7M$77.9M125xas long as short
RISEx XRP/USDC+0.0394%1h1.5195+0.055%$528K$806K10xas long as short
Aftermath Perps XRPUSD+0.0700%1h1.5209+0.144%$2K$16K10xas long as short