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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Bullet against Lighter RH−0.046%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bullet is 0.046% cheaper against Lighter RH than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH XRP1.51560.0096pay 0.0012% / 1h5m 53s$496K$3.3M20x
ShortBullet XRP-USD1.51490.0100get 0.0013% / 1h5m 53s$41K$69K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Lighter RH. 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
$0.84
Price spread: −0.046% → 0.000%
−$4.62
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$11.78
Costs to cover
0.080%
Break-even
105.2 days
Slippage unknown: Lighter RH: live order book, 2 min ago; Bullet: 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 RH live order book, 2 min ago1.65 bp1.7 bp −$25.9 bp −$5944.7 bp −$4,473doesn't fit
Sell Bullet no order-book sample
Bullet: 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%1h1.5133−0.152%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5147−0.058%$1.1M$115K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5149−0.049%$259K150xas long as short
Deribit XRP_USDC-PERPETUAL+0.0014%1h1.5155−0.007%$7.7M$25.6M50xas long as short
Kraken Futures PF_XRPUSD+0.0022%1h1.5152−0.027%$14.3M$74.7M50xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.666%$2K$107K30xas long as short
GMX XRP/USD [ETH-USDC]L +0.0054% / S +0.0009%1h1.5149−0.049%$795K200xas long as short
Lighter XRP+0.0096%1h1.5154−0.013%$2.8M$14.8M20xas long as short
Lighter RH XRPlong+0.0096%1h1.5156long leg$496K$3.3M20x
Katana Perps XRP-USD+0.0099%8h1.5141−0.099%$10K$355K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado XRP-PERP+0.0100%1h1.5149−0.049%$979K$6.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5151−0.030%$39.0M$86.0M100xas long as short
Pacifica XRP+0.0100%1h1.5155−0.007%$608K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5151−0.036%$533.7M$2.17B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5149−0.046%$343.8M$947.4M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5152−0.026%$125.3M$886.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5145−0.073%$563K$27K5xas long as short
Arcus XRP-USD+0.0100%1h1.5154−0.013%$137K$721K20xas long as short
Bulk XRP-USD+0.0100%1h1.5138−0.116%$1.6M$29K20xas long as short
Gate XRP_USDT+0.0100%8h1.5153−0.020%$373.6M$158.4M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5152−0.026%$294.2M$910.3M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5153−0.021%$109.2M$178.6M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5150−0.040%$269.0M$391.3M125xas long as short
BingX XRP-USDT+0.0100%8h1.5152−0.026%$128.0Mas long as short
Variational Omni XRP+0.0100%8h1.5147−0.060%$4.8M$38.3Mas long as short
edgeX XRPUSDC+0.0100%4h1.5113−0.281%$656K$111.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5106−0.330%$1.1M$36.8M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5119−0.244%$1.2M$1.1M50xas long as short
Vest XRP-PERP+0.0100%1h1.5148−0.051%$11K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5155−0.007%$49K$489K20xas long as short
Bullet XRP-USDshort+0.0100%1h1.5149−0.046%$41K$69K20x
Orderly PERP_XRP_USDC+0.0100%8h1.5148−0.053%$62K$934K50xas long as short
Derive XRP-PERP+0.0100%1h1.5149−0.046%$815K$72K10xas long as short
SunX XRP-USDT+0.0100%8h1.5154−0.010%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5150−0.040%$28K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5153−0.020%$49.5M$15.7M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5154−0.013%$53.9M$31.4M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5151−0.031%$472K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5149−0.048%$2.0M$6.8M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5148−0.055%$58K$25K3xas long as short
01 Exchange XRPUSD+0.0160%1h1.5149−0.046%$8K$8K10xas long as short
Kalshi KXXRPPERP+0.0179%8h1.5158+0.013%$1.8M$35.3M2.9xas long as short
Coinbase International XRP-PERP-INTX+0.0184%1h1.5157+0.007%$5.7M$48.2M50xas long as short
Reya XRPRUSDPERP+0.0217%1h1.5150−0.040%$1.3M$7K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5139−0.112%$24.2M$75.8M125xas long as short
Backpack XRP_USDC_PERP+0.0236%1h1.5162+0.040%$2.0M$1.4M25xas long as short
Hibachi XRP/USDT-P+0.0280%1h1.5132−0.157%$17K$82K7xas long as short
RISEx XRP/USDC+0.0358%1h1.5153−0.019%$517K$777K10xas long as short
Hyperliquid XRP+0.0374%1h1.5162+0.040%$290.9M$255.8M20xas long as short
Phoenix XRP+0.0528%1h1.5110−0.304%$67K$110K15xas long as short
Aftermath Perps XRPUSD+0.0635%1h1.5143−0.086%$2K$15K10xas long as short